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 1501–1550 of 5,552
* 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* |
|---|
| 1501 | Budno Oko03604306 · Construction | <0.1% | 33,187€ | +114.2% | 2,107€ | 6.3% | 1 | 675€ |
| 1502 | Duosm03113159 · Professional services | <0.1% | 33,100€ | -10.6% | 950€ | 2.9% | 3 | 552€ |
| 1503 | BC Hair Design03456994 · Personal services | <0.1% | 32,862€ | +25.5% | -1,435€ | -4.4% | 2 | 739€ |
| 1504 | Make It Green03532194 · Administrative services | <0.1% | 32,805€ | +27.2% | 1,530€ | 4.7% | 1 | 1,110€ |
| 1505 | Soba +02858134 · Professional services | <0.1% | 32,797€ | +62.0% | -13,014€ | -39.7% | 2 | 1,142€ |
| 1506 | Minder03435814 · Construction | <0.1% | 32,765€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -216,380€ | -660.4% | 17 | — |
| 1507 | Zvijezda 303030466 · Trade | <0.1% | 32,703€ | -20.9% | -2,678€ | -8.2% | 1 | — |
| 1508 | Jimart Design03703339 · Arts & entertainment | <0.1% | 32,610€ | No filing for 2024. | -37,878€ | -116.2% | 0 | — |
| 1509 | Mozaik 39302798379 · Construction | <0.1% | 32,533€ | +36.0% | 1,726€ | 5.3% | 3 | 497€ |
| 1510 | V & M Dabetić02866340 · Trade | <0.1% | 32,502€ | +11.3% | -23,328€ | -71.8% | 2 | 1,191€ |
| 1511 | R i o02379082 · Trade | <0.1% | 32,463€ | -69.4% | -13,237€ | -40.8% | 2 | 339€ |
| 1512 | Krašmaš Invest03701751 · Construction | <0.1% | 32,397€ | No filing for 2024. | 6,217€ | 19.2% | 2 | 767€ |
| 1513 | Unique Mne03538524 · Administrative services | <0.1% | 32,369€ | +2,000.5% | 11,351€ | 35.1% | 1 | 710€ |
| 1514 | LB Proffs03626288 · Professional services | <0.1% | 32,281€ | -25.2% | 6,445€ | 20.0% | 1 | 927€ |
| 1515 | Uca Alan03570592 · Hospitality | <0.1% | 32,248€ | -3.3% | -14,413€ | -44.7% | 3 | 743€ |
| 1516 | Nature Consultancy03464059 · Trade | <0.1% | 32,192€ | +114.4% | 20,803€ | 64.6% | 1 | 675€ |
| 1517 | JL Communicaxion03261751 · Professional services | <0.1% | 32,158€ | +37.0% | -29,377€ | -91.4% | 2 | — |
| 1518 | Atrium02054043 · Professional services | <0.1% | 32,133€ | -18.3% | -12,542€ | -39.0% | 4 | 810€ |
| 1519 | Ostrovskaya & Co03673146 · Professional services | <0.1% | 31,863€ | +218.0% | -522€ | -1.6% | 2 | 675€ |
| 1520 | Top Stroj03692981 · Construction | <0.1% | 31,855€ | +5,209.2% | -4,469€ | -14.0% | 1 | 339€ |
| 1521 | Condor Company02776014 · Construction | <0.1% | 31,826€ | -73.5% | 8,595€ | 27.0% | 1 | 998€ |
| 1522 | TT Project Invest03694089 · Construction | <0.1% | 31,762€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -55€ | -0.2% | 1 | 928€ |
| 1523 | Exclusive Tours - Ćulafić02396327 · Administrative services | <0.1% | 31,700€ | -22.3% | 17,197€ | 54.2% | 2 | 421€ |
| 1524 | LB Invest03687392 · Construction | <0.1% | 31,558€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 7,636€ | 24.2% | 1 | 573€ |
| 1525 | Amfora Real Estate03182398 · Real estate | <0.1% | 31,522€ | -37.2% | -56,022€ | -177.7% | 4 | 850€ |
| 1526 | Diagnost03279154 · Health & social care | <0.1% | 31,390€ | +15.9% | -3,171€ | -10.1% | 2 | 928€ |
| 1527 | Green Teh03414469 · Trade | <0.1% | 31,310€ | +286.6% | -30,203€ | -96.5% | 1 | 1,764€ |
| 1528 | Dubovica Trans03203441 · Transport & logistics | <0.1% | 31,169€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 6,513€ | 20.9% | 1 | 341€ |
| 1529 | Firo02984334 · Professional services | <0.1% | 31,160€ | +8.0% | 6,829€ | 21.9% | 4 | 498€ |
| 1530 | Integral Life03511634 · Trade | <0.1% | 31,150€ | +139.6% | 2,355€ | 7.6% | 3 | 760€ |
| 1531 | Kangaroo02412268 · Hospitality | <0.1% | 31,070€ | -85.9% | -49,691€ | -159.9% | 4 | 673€ |
| 1532 | De Ćirko03449653 · Professional services | <0.1% | 31,050€ | +1.1% | 1,221€ | 3.9% | 3 | 395€ |
| 1533 | Technoinn03618358 · Energy, water & waste | <0.1% | 31,000€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 4,718€ | 15.2% | 1 | 1,856€ |
| 1534 | Mega - Zanatski Centar02964830 · Manufacturing | <0.1% | 30,979€ | -24.8% | -14,684€ | -47.4% | 5 | 667€ |
| 1535 | Scandatex Montenegro02724863 · Personal services | <0.1% | 30,894€ | -25.1% | -7,198€ | -23.3% | 2 | 793€ |
| 1536 | 1244 Centar za Zdravlje i Performanse03680185 · Arts & entertainment | <0.1% | 30,857€ | +195.6% | -176€ | -0.6% | 3 | 677€ |
| 1537 | DR Radović02786737 · Health & social care | <0.1% | 30,715€ | +13.6% | 696€ | 2.3% | 2 | 860€ |
| 1538 | Auto Moto Budva02913275 · Professional services | <0.1% | 30,696€ | 0.0% | -8,991€ | -29.3% | 4 | 771€ |
| 1539 | Knjigo02403803 · Professional services | <0.1% | 30,692€ | +10.5% | 2,176€ | 7.1% | 1 | 1,234€ |
| 1540 | Orpheus02667231 · Hospitality | <0.1% | 30,618€ | +50.3% | 6,023€ | 19.7% | 2 | 948€ |
| 1541 | Terra Logistics03218341 · Administrative services | <0.1% | 30,602€ | +44.5% | -27,075€ | -88.5% | 2 | 321€ |
| 1542 | Seateam03546535 · Transport & logistics | <0.1% | 30,458€ | -16.6% | -8,732€ | -28.7% | 2 | 380€ |
| 1543 | Maina MD-Travel03099237 · Hospitality | <0.1% | 30,433€ | +6.2% | 1,611€ | 5.3% | 2 | 675€ |
| 1544 | Atlas Company03214699 · Trade | <0.1% | 30,381€ | -9.7% | -3,826€ | -12.6% | 3 | 627€ |
| 1545 | Heilar03384110 · Technology | <0.1% | 30,339€ | -6.7% | -1,835€ | -6.0% | 1 | 2,395€ |
| 1546 | L.G. Gradnja03507564 · Construction | <0.1% | 30,289€ | -37.5% | -6,989€ | -23.1% | 1 | 679€ |
| 1547 | SD Elektro02765390 · Construction | <0.1% | 30,166€ | +5.8% | -1,765€ | -5.9% | 1 | 1,168€ |
| 1548 | Bauarh03038599 · Professional services | <0.1% | 30,126€ | +443.6% | -13,481€ | -44.7% | 2 | 922€ |
| 1549 | The House Management03496503 · Real estate | <0.1% | 30,110€ | +35.7% | -2,038€ | -6.8% | 1 | 519€ |
| 1550 | S.A.M. Svyato03698408 · Hospitality | <0.1% | 30,006€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 496€ | 1.7% | 1 | 664€ |