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 1751–1800 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* |
|---|
| 1751 | Nim Butua03357678 · Hospitality | <0.1% | 22,254€ | +0.4% | -588€ | -2.6% | 1 | 395€ |
| 1752 | Miss E MR Frog02923998 · Trade | <0.1% | 22,249€ | +18.3% | 3,726€ | 16.7% | 1 | 731€ |
| 1753 | Tailbook03503585 · Professional services | <0.1% | 22,232€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 11,314€ | 50.9% | 1 | 888€ |
| 1754 | Mindful Business Consulting03212661 · Professional services | <0.1% | 22,228€ | -38.1% | -7,086€ | -31.9% | 1 | 928€ |
| 1755 | Era Creative Group03221938 · Arts & entertainment | <0.1% | 22,201€ | +587.6% | 3,293€ | 14.8% | 1 | 1,000€ |
| 1756 | LTS03734293 · Administrative services | <0.1% | 22,195€ | No filing for 2024. | 13,917€ | 62.7% | 0 | — |
| 1757 | M&A Construction Company03648478 · Professional services | <0.1% | 22,158€ | +604.8% | -7,444€ | -33.6% | 1 | 2,097€ |
| 1758 | L.S. Duo03640086 · Administrative services | <0.1% | 22,105€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 6,111€ | 27.6% | 2 | 472€ |
| 1759 | Sea of Spa03473872 · Trade | <0.1% | 22,080€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 13,908€ | 63.0% | 1 | 680€ |
| 1760 | Mikač Group03761690 · Construction | <0.1% | 22,072€ | No filing for 2024. | 11,612€ | 52.6% | 1 | 387€ |
| 1761 | Market Čedo03411958 · Trade | <0.1% | 22,041€ | -7.1% | 10,082€ | 45.7% | 1 | 771€ |
| 1762 | Global Biznis Centar03737055 · Professional services | <0.1% | 21,980€ | No filing for 2024. | 1,002€ | 4.6% | 2 | — |
| 1763 | Golden Glow03704777 · Administrative services | <0.1% | 21,972€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -724€ | -3.3% | 3 | 470€ |
| 1764 | Dobrasoft03772829 · Technology | <0.1% | 21,960€ | No filing for 2024. | 14,829€ | 67.5% | 1 | 369€ |
| 1765 | Romanovs03492010 · Trade | <0.1% | 21,915€ | +187.6% | 1,685€ | 7.7% | 2 | 802€ |
| 1766 | TS Industry Group03384179 · Real estate | <0.1% | 21,900€ | +14.1% | -30,024€ | -137.1% | 1 | 832€ |
| 1767 | Harper Store03223728 · Trade | <0.1% | 21,892€ | -26.5% | 790€ | 3.6% | 1 | 962€ |
| 1768 | Aytem Pool Montenegro03469832 · Construction | <0.1% | 21,886€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 10,745€ | 49.1% | 1 | 928€ |
| 1769 | Via Beauty03617424 · Personal services | <0.1% | 21,875€ | +31.5% | 1,634€ | 7.5% | 2 | 641€ |
| 1770 | Bane Trade02865564 · Transport & logistics | <0.1% | 21,864€ | +48.7% | -25,357€ | -116.0% | 3 | 896€ |
| 1771 | Vida Wines03051943 · Manufacturing | <0.1% | 21,844€ | +35.2% | -55,481€ | -254.0% | 2 | 619€ |
| 1772 | The Hand03278590 · Arts & entertainment | <0.1% | 21,824€ | -14.9% | -3,156€ | -14.5% | 3 | 670€ |
| 1773 | Castello Petrovac02985381 · Real estate | <0.1% | 21,775€ | -7.9% | -28,690€ | -131.8% | 1 | 677€ |
| 1774 | It Com02817586 · Trade | <0.1% | 21,731€ | -50.1% | -3,263€ | -15.0% | 1 | 339€ |
| 1775 | Anabasis Media03528782 · Professional services | <0.1% | 21,719€ | -20.0% | 9,756€ | 44.9% | 1 | 677€ |
| 1776 | Notun Corporation03627799 · Trade | <0.1% | 21,700€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 5,813€ | 26.8% | 2 | 662€ |
| 1777 | Wind Group Mne03489655 · Hospitality | <0.1% | 21,688€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 13,501€ | 62.3% | 1 | 677€ |
| 1778 | Vujičić02272997 · Health & social care | <0.1% | 21,580€ | +148.3% | 3,130€ | 14.5% | 3 | 459€ |
| 1779 | CBR03135861 · Hospitality | <0.1% | 21,570€ | -39.4% | -11,230€ | -52.1% | 2 | — |
| 1780 | Entero Dekor03428729 · Construction | <0.1% | 21,545€ | +259.1% | 3,272€ | 15.2% | 1 | 1,383€ |
| 1781 | Borisov & Co03484220 · Technology | <0.1% | 21,500€ | +13.2% | 1,259€ | 5.9% | 1 | 926€ |
| 1782 | Predator Fishing03172996 · Agriculture | <0.1% | 21,445€ | +6.8% | -9,837€ | -45.9% | 1 | 675€ |
| 1783 | Zen Physio03563219 · Personal services | <0.1% | 21,390€ | +117.7% | 228€ | 1.1% | 1 | 1,736€ |
| 1784 | Gama Hotels02622246 · Hospitality | <0.1% | 21,331€ | -21.2% | -19,533€ | -91.6% | 1 | 1,856€ |
| 1785 | Amtrade Engineering03289478 · Professional services | <0.1% | 21,322€ | -71.2% | -2,093€ | -9.8% | 2 | 711€ |
| 1786 | Mare MMTD03356728 · Administrative services | <0.1% | 21,315€ | +2.0% | -7,330€ | -34.4% | 2 | 863€ |
| 1787 | Max Service03367428 · Administrative services | <0.1% | 21,273€ | +37.9% | -1,574€ | -7.4% | 2 | 613€ |
| 1788 | Tom Works03240916 · Trade | <0.1% | 21,237€ | +1,401.9% | 12,783€ | 60.2% | 1 | 679€ |
| 1789 | RL Gradnja03482537 · Construction | <0.1% | 21,211€ | -2.8% | -23,769€ | -112.1% | 2 | 642€ |
| 1790 | Acp Adriatico03705919 · Construction | <0.1% | 21,100€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 1,594€ | 7.6% | 1 | 916€ |
| 1791 | Bim Tech03619184 · Professional services | <0.1% | 21,092€ | +121.3% | 2,043€ | 9.7% | 1 | 925€ |
| 1792 | Popović Laboratorija03534260 · Health & social care | <0.1% | 21,008€ | -6.1% | -25,580€ | -121.8% | 2 | 668€ |
| 1793 | Notus Corporation03503755 · Trade | <0.1% | 21,000€ | +90.9% | 7,439€ | 35.4% | 1 | 928€ |
| 1794 | Morely03549640 · Trade | <0.1% | 20,984€ | +200.8% | -21,569€ | -102.8% | 1 | 1,682€ |
| 1795 | Smart Garden03699269 · Administrative services | <0.1% | 20,964€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 559€ | 2.7% | 2 | 586€ |
| 1796 | Dukley Marina02349523 · Arts & entertainment | <0.1% | 20,963€ | -98.3% | -13,874€ | -66.2% | 1 | 1,052€ |
| 1797 | Freedom Group03571254 · Professional services | <0.1% | 20,941€ | +76.1% | 5,667€ | 27.1% | 2 | 568€ |
| 1798 | Logo Invest03473953 · Technology | <0.1% | 20,928€ | +78.2% | -391€ | -1.9% | 2 | 802€ |
| 1799 | Black Moon03614239 · Hospitality | <0.1% | 20,851€ | +2,975.4% | -8,470€ | -40.6% | 2 | 665€ |
| 1800 | Bruda Car03740358 · Administrative services | <0.1% | 20,839€ | No filing for 2024. | -227€ | -1.1% | 1 | 797€ |