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 1801–1850 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* |
|---|
| 1801 | Medical Skin Care03387038 · Personal services | <0.1% | 20,820€ | +2.5% | 1,721€ | 8.3% | 1 | 1,070€ |
| 1802 | Grahovac - Mne03090728 · Personal services | <0.1% | 20,755€ | +9.3% | 838€ | 4.0% | 2 | 675€ |
| 1803 | Bayram Style03594068 · Personal services | <0.1% | 20,740€ | +216.3% | -1,299€ | -6.3% | 2 | 669€ |
| 1804 | Anami02453339 · Professional services | <0.1% | 20,723€ | -0.6% | 1,523€ | 7.3% | 2 | 501€ |
| 1805 | A.S.K. Company03437540 · Administrative services | <0.1% | 20,661€ | +4,902.7% | -8,027€ | -38.9% | 1 | 677€ |
| 1806 | Stedaco03674371 · Trade | <0.1% | 20,601€ | +168.8% | -2,057€ | -10.0% | 1 | — |
| 1807 | Mwood03036138 · Manufacturing | <0.1% | 20,556€ | -19.9% | -613€ | -3.0% | 1 | 684€ |
| 1808 | Ege Sonik03263819 · Professional services | <0.1% | 20,450€ | +198.5% | 10,282€ | 50.3% | 1 | 675€ |
| 1809 | KK Pharma Leader03675785 · Professional services | <0.1% | 20,439€ | +146.3% | 6,009€ | 29.4% | 1 | 916€ |
| 1810 | Alpha Travel03748537 · Transport & logistics | <0.1% | 20,411€ | No filing for 2024. | 8,173€ | 40.0% | 1 | — |
| 1811 | Eferen03598187 · Hospitality | <0.1% | 20,371€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -12,883€ | -63.2% | 1 | 796€ |
| 1812 | Maremont Real Estate & Construction03524388 · Real estate | <0.1% | 20,368€ | -12.5% | -55,298€ | -271.5% | 4 | 1,023€ |
| 1813 | Speed - Laj02796988 · Transport & logistics | <0.1% | 20,296€ | -13.0% | -3,125€ | -15.4% | 3 | 339€ |
| 1814 | Ivanof Company03530914 · Construction | <0.1% | 20,294€ | -65.0% | -1,739€ | -8.6% | 1 | 1,517€ |
| 1815 | BB Projects03778819 · Construction | <0.1% | 20,280€ | No filing for 2024. | -3,975€ | -19.6% | 1 | — |
| 1816 | Alfavita03479412 · Professional services | <0.1% | 20,250€ | +22.0% | -1,343€ | -6.6% | 1 | 1,660€ |
| 1817 | Viksel Group03287459 · Professional services | <0.1% | 20,212€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -12,219€ | -60.5% | 1 | 1,561€ |
| 1818 | Mogren Estate03625737 · Real estate | <0.1% | 20,105€ | +19.6% | -7,173€ | -35.7% | 2 | 360€ |
| 1819 | Mahakala Center03104125 · Hospitality | <0.1% | 20,079€ | +4.5% | -4,120€ | -20.5% | 1 | 450€ |
| 1820 | Tornado - GRD02922835 · Personal services | <0.1% | 20,045€ | -4.2% | -1,809€ | -9.0% | 1 | 677€ |
| 1821 | Ongi03520587 · Manufacturing | <0.1% | 20,015€ | -5.6% | -2,370€ | -11.8% | 2 | 452€ |
| 1822 | Adriaticom03130550 · Construction | <0.1% | 20,000€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -16,663€ | -83.3% | 1 | 840€ |
| 1823 | Durmitor Chalet03455220 · Real estate | <0.1% | 20,000€ | -83.4% | 11,228€ | 56.1% | 1 | — |
| 1824 | Eventel MMS&CO03528855 · Technology | <0.1% | 20,000€ | -7.0% | -14,052€ | -70.3% | 4 | 689€ |
| 1825 | Globalno Trgovanje03490734 · Trade | <0.1% | 20,000€ | +33.3% | -1,143€ | -5.7% | 2 | 799€ |
| 1826 | Militek03617076 · Manufacturing | <0.1% | 20,000€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 7,311€ | 36.6% | 1 | 866€ |
| 1827 | Bonaka03045528 · Trade | <0.1% | 19,974€ | +24.0% | -13,236€ | -66.3% | 1 | 1,357€ |
| 1828 | Tescorporation03292088 · Professional services | <0.1% | 19,972€ | -68.4% | -14,606€ | -73.1% | 1 | 941€ |
| 1829 | Tennis Experience03287700 · Arts & entertainment | <0.1% | 19,921€ | -38.8% | 8,793€ | 44.1% | 2 | 423€ |
| 1830 | Cun - Cun Travel03729443 · Hospitality | <0.1% | 19,840€ | No filing for 2024. | 5,739€ | 28.9% | 1 | 835€ |
| 1831 | Gotak03726363 · Construction | <0.1% | 19,779€ | No filing for 2024. | -3,202€ | -16.2% | 2 | 862€ |
| 1832 | Happy Art Studio03289982 · Trade | <0.1% | 19,762€ | +16.5% | -2,966€ | -15.0% | 1 | 1,260€ |
| 1833 | It Olives03658805 · Technology | <0.1% | 19,750€ | +299.8% | -3,996€ | -20.2% | 2 | 928€ |
| 1834 | Bedone Solutions03492532 · Trade | <0.1% | 19,700€ | +1,973.7% | -1,324€ | -6.7% | 2 | 821€ |
| 1835 | Springs Eye03276325 · Education | <0.1% | 19,694€ | -35.8% | -10,129€ | -51.4% | 1 | 1,599€ |
| 1836 | Asti-Shu03481123 · Trade | <0.1% | 19,596€ | +55.5% | -3,141€ | -16.0% | 2 | 681€ |
| 1837 | Ozzy Holding03464865 · Personal services | <0.1% | 19,585€ | +2.6% | 6,472€ | 33.0% | 2 | 437€ |
| 1838 | Medcontour Institute03750230 · Health & social care | <0.1% | 19,564€ | No filing for 2024. | -14,262€ | -72.9% | 0 | — |
| 1839 | A-Venue Agency03413861 · Real estate | <0.1% | 19,500€ | +20.2% | -3,800€ | -19.5% | 2 | 872€ |
| 1840 | Derva03717674 · Transport & logistics | <0.1% | 19,476€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -14,011€ | -71.9% | 2 | 664€ |
| 1841 | Fizio-BD03344762 · Personal services | <0.1% | 19,401€ | +10,986.3% | 11,144€ | 57.4% | 1 | 684€ |
| 1842 | Northsea03535487 · Personal services | <0.1% | 19,400€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 6,272€ | 32.3% | 1 | 678€ |
| 1843 | Okean Grupa03630978 · Administrative services | <0.1% | 19,395€ | +95.0% | 636€ | 3.3% | 2 | 678€ |
| 1844 | Esint Plus03487121 · Technology | <0.1% | 19,375€ | +138.8% | 9,286€ | 47.9% | 1 | 670€ |
| 1845 | Ipsum +03292045 · Professional services | <0.1% | 19,200€ | +22.3% | -6,929€ | -36.1% | 1 | 875€ |
| 1846 | Kodevolve03665534 · Technology | <0.1% | 19,200€ | +100.6% | 3,683€ | 19.2% | 1 | 1,168€ |
| 1847 | Sondetta03483819 · Trade | <0.1% | 19,157€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,951€ | -15.4% | 1 | 677€ |
| 1848 | Caner Arikan Export-Import03558100 · Trade | <0.1% | 19,149€ | +27.7% | -6,245€ | -32.6% | 1 | 677€ |
| 1849 | Freya 0603365492 · Administrative services | <0.1% | 19,030€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -5,992€ | -31.5% | 1 | 675€ |
| 1850 | Olive Padel Court03622185 · Arts & entertainment | <0.1% | 19,019€ | +37.3% | -13,344€ | -70.2% | 4 | 440€ |