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 151–200 of 836
* 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* |
|---|
| 151 | Elmina03223345 · Professional services | <0.1% | 33,976€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 15,752€ | 46.4% | 1 | 1,252€ |
| 152 | Eco-Build03121801 · Professional services | <0.1% | 33,887€ | -37.8% | -388€ | -1.1% | 2 | 393€ |
| 153 | Duosm03113159 · Professional services | <0.1% | 33,100€ | -10.6% | 950€ | 2.9% | 3 | 552€ |
| 154 | Soba +02858134 · Professional services | <0.1% | 32,797€ | +62.0% | -13,014€ | -39.7% | 2 | 1,142€ |
| 155 | LB Proffs03626288 · Professional services | <0.1% | 32,281€ | -25.2% | 6,445€ | 20.0% | 1 | 927€ |
| 156 | JL Communicaxion03261751 · Professional services | <0.1% | 32,158€ | +37.0% | -29,377€ | -91.4% | 2 | — |
| 157 | Atrium02054043 · Professional services | <0.1% | 32,133€ | -18.3% | -12,542€ | -39.0% | 4 | 810€ |
| 158 | Ostrovskaya & Co03673146 · Professional services | <0.1% | 31,863€ | +218.0% | -522€ | -1.6% | 2 | 675€ |
| 159 | Firo02984334 · Professional services | <0.1% | 31,160€ | +8.0% | 6,829€ | 21.9% | 4 | 498€ |
| 160 | De Ćirko03449653 · Professional services | <0.1% | 31,050€ | +1.1% | 1,221€ | 3.9% | 3 | 395€ |
| 161 | Auto Moto Budva02913275 · Professional services | <0.1% | 30,696€ | 0.0% | -8,991€ | -29.3% | 4 | 771€ |
| 162 | Knjigo02403803 · Professional services | <0.1% | 30,692€ | +10.5% | 2,176€ | 7.1% | 1 | 1,234€ |
| 163 | Bauarh03038599 · Professional services | <0.1% | 30,126€ | +443.6% | -13,481€ | -44.7% | 2 | 922€ |
| 164 | Consiglio03638219 · Professional services | <0.1% | 29,996€ | +35.4% | -3,813€ | -12.7% | 2 | 1,204€ |
| 165 | Patrinus03453634 · Professional services | <0.1% | 29,942€ | +4.2% | 868€ | 2.9% | 2 | 973€ |
| 166 | Max Profit03069010 · Professional services | <0.1% | 29,890€ | -3.7% | 858€ | 2.9% | 3 | 685€ |
| 167 | Bobas Group03099849 · Professional services | <0.1% | 29,823€ | +1.9% | 867€ | 2.9% | 1 | 1,363€ |
| 168 | Super Telo03652947 · Professional services | <0.1% | 29,800€ | +396.7% | -794€ | -2.7% | 1 | 2,514€ |
| 169 | Magic Accounting03246221 · Professional services | <0.1% | 29,800€ | +9.5% | 12,023€ | 40.3% | 1 | 1,043€ |
| 170 | V.R. Renatus LLC03375781 · Professional services | <0.1% | 29,780€ | -17.0% | -7,331€ | -24.6% | 1 | 464€ |
| 171 | Experts Montenegro03272346 · Professional services | <0.1% | 29,526€ | +9.0% | 11,150€ | 37.8% | 2 | 450€ |
| 172 | M&R Business Solution03255433 · Professional services | <0.1% | 29,386€ | +256.8% | -2,532€ | -8.6% | 5 | 308€ |
| 173 | Alister02786664 · Professional services | <0.1% | 29,261€ | +1.5% | 1,667€ | 5.7% | 2 | 853€ |
| 174 | Oz Consulting Company03602770 · Professional services | <0.1% | 29,250€ | +215.2% | 710€ | 2.4% | 1 | 922€ |
| 175 | Adda Interiors03603539 · Professional services | <0.1% | 29,171€ | -28.4% | -25,169€ | -86.3% | 1 | 2,748€ |
| 176 | VG Ing03244121 · Professional services | <0.1% | 29,135€ | +8.3% | -287€ | -1.0% | 2 | 1,064€ |
| 177 | Aidesign03665615 · Professional services | <0.1% | 29,091€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -13,768€ | -47.3% | 1 | — |
| 178 | Adriatic Photo Studio03256081 · Professional services | <0.1% | 28,849€ | -0.6% | -185€ | -0.6% | 2 | 640€ |
| 179 | Experts Duosm03345149 · Professional services | <0.1% | 28,383€ | +24.8% | 1,055€ | 3.7% | 2 | 952€ |
| 180 | I and M Photography03143627 · Professional services | <0.1% | 28,200€ | -3.1% | -390€ | -1.4% | 1 | 928€ |
| 181 | Spa & Wellness Consulting Montenegro03339483 · Professional services | <0.1% | 27,995€ | -19.9% | -642€ | -2.3% | 1 | 1,273€ |
| 182 | Maxpol Group03516474 · Professional services | <0.1% | 27,600€ | -41.5% | 2,122€ | 7.7% | 1 | 1,012€ |
| 183 | Val BD03043762 · Professional services | <0.1% | 27,418€ | +14.3% | 1,782€ | 6.5% | 3 | 469€ |
| 184 | Phrase.Me03173224 · Professional services | <0.1% | 26,650€ | +10.9% | 1,367€ | 5.1% | 2 | 1,009€ |
| 185 | Arcturus03457044 · Professional services | <0.1% | 26,394€ | +180.4% | 10,376€ | 39.3% | 1 | 935€ |
| 186 | Ib - Systems03103358 · Professional services | <0.1% | 26,300€ | +8.6% | 7,948€ | 30.2% | 1 | 1,205€ |
| 187 | Monte Prime Consulting03595498 · Professional services | <0.1% | 26,259€ | -10.2% | 4,924€ | 18.8% | 1 | 1,077€ |
| 188 | Ment03381129 · Professional services | <0.1% | 26,171€ | -10.7% | -14,911€ | -57.0% | 1 | 3,355€ |
| 189 | Ev Consulting03481832 · Professional services | <0.1% | 26,142€ | +289.8% | 6,488€ | 24.8% | 2 | 675€ |
| 190 | Sveti Stefan Consulting02883210 · Professional services | <0.1% | 25,816€ | +723.0% | 8,213€ | 31.8% | 2 | 380€ |
| 191 | Kaul03381188 · Professional services | <0.1% | 25,314€ | +22.1% | 373€ | 1.5% | 1 | 678€ |
| 192 | Saobraćajni Institut03293416 · Professional services | <0.1% | 25,060€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,929€ | -11.7% | 1 | 742€ |
| 193 | Bada03293645 · Professional services | <0.1% | 24,680€ | +54.3% | -3,958€ | -16.0% | 1 | 1,628€ |
| 194 | BB - Ing02726912 · Professional services | <0.1% | 24,655€ | -31.9% | -3,971€ | -16.1% | 1 | 2,159€ |
| 195 | Gowedding Montenegro03385485 · Professional services | <0.1% | 24,546€ | -45.5% | -18,671€ | -76.1% | 2 | 1,006€ |
| 196 | Summica03217795 · Professional services | <0.1% | 24,500€ | +390.0% | 14,359€ | 58.6% | 1 | 677€ |
| 197 | Rednpunk03531465 · Professional services | <0.1% | 24,094€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 14,446€ | 60.0% | 1 | 724€ |
| 198 | Zlatav03058450 · Professional services | <0.1% | 24,090€ | +4.3% | 10,321€ | 42.8% | 1 | 926€ |
| 199 | Libris02424924 · Professional services | <0.1% | 24,089€ | -13.2% | -4,997€ | -20.7% | 2 | 682€ |
| 200 | Bomi Group03559467 · Professional services | <0.1% | 23,873€ | +161.7% | 1,477€ | 6.2% | 3 | 599€ |