Revenue
5.7% of Montenegro's revenue
5,552 companies earned 1.00b€ in 2025, 5.7% of all company revenue in Montenegro. It ranks 3 of 25 municipalities by revenue. Revenue has grown 2.6× since 2015.
5.7% of Montenegro's revenue
202.3 per 1,000 residents · Montenegro 57.3
Largest employer: Budvanska Rivijera (600)
Total profit: 26.90m€
Average per employee, not per company
Revenue in € million (bars) and filing companies (below), 2015–2025
| Year | Revenue | Companies |
|---|---|---|
| 2015 | 383,810,343€ | 1,542 |
| 2016 | 444,494,047€ | 1,746 |
| 2017 | 472,980,155€ | 1,980 |
| 2018 | 530,680,779€ | 2,746 |
| 2019 | 560,118,454€ | 3,195 |
| 2020 | 330,171,815€ | 3,435 |
| 2021 | 522,432,693€ | 3,741 |
| 2022 | 708,025,501€ | 4,710 |
| 2023 | 892,278,713€ | 5,695 |
| 2024 | 962,555,670€ | 6,029 |
| 2025 (Preliminary) | 1,004,597,030€ | 5,552 |
The number of companies jumped most in 2022: from 3,741 to 4,710.
Companies are assigned to the municipality of their current seat for every year
Growth is measured on the same companies, which filed for both years.
Share of municipal revenue
Share in MontenegroRevenue change vs 2024, companies with at least 1m€ that year
Employees and payroll cost per employee per month*
Ranked by total revenue · Showing 101–150 of 166
* Avg payroll cost per employee per month = wages, wage compensation and other personnel expenses from the income statement (AOP 211: net wages, taxes and contributions on wages including the employer's, and other personnel expenses) / employees / 12. It is not an employee's gross or net salary; reporting errors can move it significantly, and values below 300€ a month are not shown. How we calculate →
| Employees |
|---|
| Payroll cost/emp./mo* |
|---|
| 101 | A&N Eagle03752488 · Arts & entertainment | 0.0% | 0€ | No filing for 2024. | -8,534€ | — | 0 | — |
| 102 | Antgames03768422 · Arts & entertainment | 0.0% | 0€ | No filing for 2024. | -18,766€ | — | 1 | 1,556€ |
| 103 | Arteria03747301 · Arts & entertainment | 0.0% | 0€ | No filing for 2024. | -4,279€ | — | 1 | 357€ |
| 104 | Budva-Film Production03365794 · Arts & entertainment | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,027€ | — | 1 | — |
| 105 | Burak International03270866 · Arts & entertainment | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -13,146€ | — | 1 | 928€ |
| 106 | Bydeesign03616142 · Arts & entertainment | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -17,850€ | — | 1 | 1,357€ |
| 107 | Danart03725472 · Arts & entertainment | 0.0% | 0€ | No filing for 2024. | -11,650€ | — | 1 | 871€ |
| 108 | Dancefile.Eu03556204 · Arts & entertainment | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,238€ | — | 1 | 678€ |
| 109 | Alter Mex03499715 · Arts & entertainment | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,714€ | — | 1 | — |
| 110 | Art Production Group03726339 · Arts & entertainment | 0.0% | 0€ | No filing for 2024. | -7,138€ | — | 1 | 557€ |
| 111 | Aspera Tourism and Sports03546837 · Arts & entertainment | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,100€ | — | 1 | 675€ |
| 112 | Balentein03481441 · Arts & entertainment | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -18,623€ | — | 1 | 1,463€ |
| 113 | Centar za Razvoj Infinnity 5D03291022 · Arts & entertainment | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,398€ | — | 1 | 677€ |
| 114 | Datasol Company03485676 · Arts & entertainment | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,144€ | — | 1 | 916€ |
| 115 | Dig Schule Company03483126 · Arts & entertainment | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,135€ | — | 1 | 684€ |
| 116 | Dostava Montenegro03481107 · Arts & entertainment | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,176€ | — | 1 | 670€ |
| 117 | Elbrus Group03492915 · Arts & entertainment | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,732€ | — | 1 | 670€ |
| 118 | H603627071 · Arts & entertainment | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,100€ | — | 1 | 675€ |
| 119 | Icicle Soft03494314 · Arts & entertainment | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -12,078€ | — | 1 | 916€ |
| 120 | Intelligent Solutions03480267 · Arts & entertainment | 0.0% | 0€ | -100.0% | -11,931€ | — | 1 | 916€ |
| 121 | Istbasket Mne03339785 · Arts & entertainment | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,036€ | — | 1 | — |
| 122 | Jadran Group02753979 · Arts & entertainment | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,213€ | — | 1 | 929€ |
| 123 | Joysthokkins03473171 · Arts & entertainment | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,322€ | — | 1 | 677€ |
| 124 | Julmedia03800598 · Arts & entertainment | 0.0% | 0€ | No filing for 2024. | -436€ | — | 1 | — |
| 125 | Ksiday03527883 · Arts & entertainment | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -12,815€ | — | 1 | 916€ |
| 126 | Lipro03528740 · Arts & entertainment | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,146€ | — | 1 | 675€ |
| 127 | M1 Montenegro Company03426467 · Arts & entertainment | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,985€ | — | 1 | 677€ |
| 128 | Mag Media03656110 · Arts & entertainment | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,668€ | — | 1 | 926€ |
| 129 | Melanfam03642429 · Arts & entertainment | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -1€ | — | 1 | — |
| 130 | ML Production03519899 · Arts & entertainment | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,149€ | — | 1 | 675€ |
| 131 | Montestudio 2403473473 · Arts & entertainment | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,144€ | — | 1 | 916€ |
| 132 | Nadoworks03513696 · Arts & entertainment | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -12,270€ | — | 1 | 928€ |
| 133 | Natal Persona03538761 · Arts & entertainment | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,974€ | — | 1 | 916€ |
| 134 | Nikishin & K03609596 · Arts & entertainment | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,164€ | — | 1 | 675€ |
| 135 | Outside the Window03509460 · Arts & entertainment | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,510€ | — | 1 | 916€ |
| 136 | Pro Mobile Media03524078 · Arts & entertainment | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,036€ | — | 1 | — |
| 137 | Raissia Montenegro03285880 · Arts & entertainment | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -16,303€ | — | 1 | 1,354€ |
| 138 | Saturn Six03548015 · Arts & entertainment | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,087€ | — | 1 | 924€ |
| 139 | Shell of Live03664457 · Arts & entertainment | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,975€ | — | 1 | 670€ |
| 140 | Show Project Concordia03301311 · Arts & entertainment | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 0€ | — | — | — |
| 141 | Sova Tailor03500586 · Arts & entertainment | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,974€ | — | 1 | 670€ |
| 142 | Star & Co03469263 · Arts & entertainment | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,108€ | — | 1 | — |
| 143 | Studio PS03803767 · Arts & entertainment | 0.0% | 0€ | No filing for 2024. | -832€ | — | 1 | — |
| 144 | Tarastat03501892 · Arts & entertainment | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,307€ | — | 1 | 916€ |
| 145 | Tech Jedi03508358 · Arts & entertainment | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,196€ | — | 1 | 916€ |
| 146 | Tereshchenko and Oparin Show Theater03509494 · Arts & entertainment | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,186€ | — | 1 | 675€ |
| 147 | Topbody03690890 · Arts & entertainment | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -12,225€ | — | 1 | 916€ |
| 148 | Unsong INC.03485404 · Arts & entertainment | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,607€ | — | 1 | 677€ |
| 149 | Varenka Max03501515 · Arts & entertainment | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,034€ | — | 1 | — |
| 150 | Video 14303478165 · Arts & entertainment | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,036€ | — | 1 | — |