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 1601–1650 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* |
|---|
| 1601 | Kletsko Family03417956 · Technology | <0.1% | 28,400€ | +1,320.0% | 11,451€ | 40.3% | 1 | 716€ |
| 1602 | Experts Duosm03345149 · Professional services | <0.1% | 28,383€ | +24.8% | 1,055€ | 3.7% | 2 | 952€ |
| 1603 | Budva Tattoo Ink03177106 · Personal services | <0.1% | 28,376€ | +79.0% | 9,660€ | 34.0% | 1 | 858€ |
| 1604 | Monteniko02958201 · Administrative services | <0.1% | 28,349€ | -0.1% | 6,363€ | 22.4% | 2 | 727€ |
| 1605 | Atoll United Trade03408655 · Manufacturing | <0.1% | 28,326€ | -31.0% | -22,511€ | -79.5% | 3 | 644€ |
| 1606 | Green Service03417182 · Administrative services | <0.1% | 28,264€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 1,712€ | 6.1% | 1 | 678€ |
| 1607 | Adriatic Drvomet03347435 · Manufacturing | <0.1% | 28,254€ | +5,976.1% | 19,043€ | 67.4% | 1 | 677€ |
| 1608 | Sveti Stefan - Real Estate02365707 · Real estate | <0.1% | 28,222€ | -28.7% | -6,302€ | -22.3% | 2 | 621€ |
| 1609 | Seluzare03343383 · Trade | <0.1% | 28,206€ | -30.5% | -17,593€ | -62.4% | 3 | 738€ |
| 1610 | I and M Photography03143627 · Professional services | <0.1% | 28,200€ | -3.1% | -390€ | -1.4% | 1 | 928€ |
| 1611 | Tehno-Sarap02225301 · Construction | <0.1% | 28,181€ | -13.9% | -23,078€ | -81.9% | 2 | 855€ |
| 1612 | So Local Culture Trade Company03754120 · Trade | <0.1% | 28,166€ | No filing for 2024. | 4,640€ | 16.5% | 4 | — |
| 1613 | Professional Technologu Group03539407 · Manufacturing | <0.1% | 28,154€ | -3.1% | -13,759€ | -48.9% | 1 | 1,152€ |
| 1614 | Mahakala03556590 · Health & social care | <0.1% | 28,130€ | +50.2% | -3,227€ | -11.5% | 1 | 529€ |
| 1615 | Madison Group03571394 · Construction | <0.1% | 28,114€ | +602.9% | 11,386€ | 40.5% | 2 | 696€ |
| 1616 | Magic Dekor02813696 · Construction | <0.1% | 28,114€ | +143.8% | 3,365€ | 12.0% | 3 | 549€ |
| 1617 | Zvezdan GH03666778 · Manufacturing | <0.1% | 28,091€ | +504.5% | -17,102€ | -60.9% | 2 | 594€ |
| 1618 | Spa & Wellness Consulting Montenegro03339483 · Professional services | <0.1% | 27,995€ | -19.9% | -642€ | -2.3% | 1 | 1,273€ |
| 1619 | Muffintaffin03368785 · Manufacturing | <0.1% | 27,816€ | -50.8% | -24,416€ | -87.8% | 3 | 1,060€ |
| 1620 | Im Group03121330 · Construction | <0.1% | 27,774€ | -97.4% | -230,344€ | -829.4% | 6 | 1,212€ |
| 1621 | Ingeniousity03519473 · Arts & entertainment | <0.1% | 27,753€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 15,801€ | 56.9% | 1 | 870€ |
| 1622 | Entri Mont03656543 · Construction | <0.1% | 27,745€ | +501.7% | 6,691€ | 24.1% | 1 | 335€ |
| 1623 | Ego Boost03370151 · Personal services | <0.1% | 27,728€ | +41.3% | -1,701€ | -6.1% | 2 | 876€ |
| 1624 | Vip Service02977966 · Administrative services | <0.1% | 27,601€ | -59.5% | -18,120€ | -65.6% | 2 | 643€ |
| 1625 | Maxpol Group03516474 · Professional services | <0.1% | 27,600€ | -41.5% | 2,122€ | 7.7% | 1 | 1,012€ |
| 1626 | Proseosite03261395 · Technology | <0.1% | 27,568€ | +52.6% | -2,156€ | -7.8% | 3 | 759€ |
| 1627 | Wahkeen03553710 · Construction | <0.1% | 27,544€ | +94.9% | 9,438€ | 34.3% | 1 | 742€ |
| 1628 | Building Engineering Group03582060 · Construction | <0.1% | 27,473€ | -4.2% | 3,419€ | 12.4% | 1 | 803€ |
| 1629 | Val BD03043762 · Professional services | <0.1% | 27,418€ | +14.3% | 1,782€ | 6.5% | 3 | 469€ |
| 1630 | Kraljević MK03680541 · Hospitality | <0.1% | 27,334€ | +665.0% | -6,391€ | -23.4% | 2 | 724€ |
| 1631 | Veradero03342905 · Construction | <0.1% | 27,280€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 18,203€ | 66.7% | 1 | 754€ |
| 1632 | Interior Solutions Balkans03394905 · Trade | <0.1% | 27,269€ | +9.4% | 2,571€ | 9.4% | 1 | 333€ |
| 1633 | Touch Me- Montenegro03500535 · Personal services | <0.1% | 27,225€ | -2.0% | -20,038€ | -73.6% | 5 | 593€ |
| 1634 | Hair Studio Baf03060403 · Personal services | <0.1% | 27,189€ | +18.1% | -772€ | -2.8% | 2 | 784€ |
| 1635 | MG Mne03232174 · Construction | <0.1% | 27,174€ | -17.6% | -4,963€ | -18.3% | 1 | 678€ |
| 1636 | Ris Servis02855232 · Construction | <0.1% | 27,100€ | +383.7% | -9,254€ | -34.1% | 2 | 410€ |
| 1637 | Dsa Expert03430596 · Technology | <0.1% | 26,962€ | +390.9% | 2,962€ | 11.0% | 1 | 926€ |
| 1638 | Tref Plus03068714 · Trade | <0.1% | 26,932€ | +4.5% | -10,653€ | -39.6% | 2 | 781€ |
| 1639 | Elektromreža Srbije02789167 · Hospitality | <0.1% | 26,916€ | -1.6% | 9,806€ | 36.4% | 1 | 575€ |
| 1640 | Cloud 1003384039 · Trade | <0.1% | 26,903€ | +28.5% | 1,401€ | 5.2% | 1 | 678€ |
| 1641 | Koralex03426653 · Construction | <0.1% | 26,880€ | +22.9% | 6,379€ | 23.7% | 1 | 1,341€ |
| 1642 | Mita - Monte03379183 · Personal services | <0.1% | 26,865€ | -6.1% | -8,000€ | -29.8% | 1 | 2,682€ |
| 1643 | B&T Company03068757 · Administrative services | <0.1% | 26,862€ | +6.3% | -2,309€ | -8.6% | 1 | 809€ |
| 1644 | Min Clothing03750825 · Trade | <0.1% | 26,839€ | No filing for 2024. | 8,748€ | 32.6% | 1 | 409€ |
| 1645 | Akka Design03490424 · Manufacturing | <0.1% | 26,837€ | +37.2% | 7,172€ | 26.7% | 1 | 825€ |
| 1646 | Eurocompass02428555 · Transport & logistics | <0.1% | 26,765€ | No filing for 2024. | -16,175€ | -60.4% | 0 | — |
| 1647 | Wtme03413578 · Technology | <0.1% | 26,704€ | +39.2% | 1,869€ | 7.0% | 2 | 686€ |
| 1648 | K-Tech03179362 · Trade | <0.1% | 26,652€ | +1.7% | -2,536€ | -9.5% | 1 | 619€ |
| 1649 | Phrase.Me03173224 · Professional services | <0.1% | 26,650€ | +10.9% | 1,367€ | 5.1% | 2 | 1,009€ |
| 1650 | Čukić Gradnja03407802 · Construction | <0.1% | 26,620€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,262€ | -34.8% | 1 | 670€ |