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 1951–2000 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* |
|---|
| 1951 | Tim & Co Montenegro03207706 · Professional services | <0.1% | 16,000€ | -1.2% | -1,787€ | -11.2% | 1 | 677€ |
| 1952 | Taysi Montenegro03741451 · Construction | <0.1% | 15,992€ | No filing for 2024. | -4,521€ | -28.3% | 3 | — |
| 1953 | Arcus02717824 · Trade | <0.1% | 15,985€ | +24.7% | -3,378€ | -21.1% | 1 | 678€ |
| 1954 | Vector Estate Montenegro03460991 · Real estate | <0.1% | 15,980€ | +610.2% | 369€ | 2.3% | 1 | 926€ |
| 1955 | Data Marix03498999 · Professional services | <0.1% | 15,973€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -1,597€ | -10.0% | 1 | 670€ |
| 1956 | MM Digital03339637 · Technology | <0.1% | 15,963€ | -25.9% | -11,033€ | -69.1% | 2 | 946€ |
| 1957 | Alentina Language Services03432718 · Professional services | <0.1% | 15,950€ | 0.0% | 385€ | 2.4% | 1 | 1,194€ |
| 1958 | Jasmin Bike Rental03620590 · Administrative services | <0.1% | 15,929€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -30,146€ | -189.3% | 2 | 844€ |
| 1959 | Pastro Vecchio02103354 · Construction | <0.1% | 15,894€ | -42.0% | -8,878€ | -55.9% | 2 | 670€ |
| 1960 | Kcode Software Development03438112 · Technology | <0.1% | 15,800€ | -41.0% | 2,936€ | 18.6% | 1 | 943€ |
| 1961 | Step’s Aurora Guide03444171 · Technology | <0.1% | 15,783€ | -12.6% | 728€ | 4.6% | 1 | 928€ |
| 1962 | MY Strategy03493024 · Technology | <0.1% | 15,768€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 6,058€ | 38.4% | 1 | 677€ |
| 1963 | King Holdings Group03711919 · Trade | <0.1% | 15,700€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -21,339€ | -135.9% | 3 | 592€ |
| 1964 | Didim Company03391132 · Trade | <0.1% | 15,696€ | -23.8% | -2,294€ | -14.6% | 2 | 588€ |
| 1965 | Yu - Montenegro02379520 · Hospitality | <0.1% | 15,641€ | +123.4% | -1,080€ | -6.9% | 1 | — |
| 1966 | Linefix03726525 · Personal services | <0.1% | 15,604€ | No filing for 2024. | -232€ | -1.5% | 1 | 875€ |
| 1967 | Psygent03442012 · Professional services | <0.1% | 15,601€ | +578.3% | 5,094€ | 32.7% | 1 | 678€ |
| 1968 | Afma Company03485951 · Construction | <0.1% | 15,552€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -16,773€ | -107.9% | 4 | 645€ |
| 1969 | R i A03253872 · Trade | <0.1% | 15,547€ | -13.8% | -4,456€ | -28.7% | 2 | 735€ |
| 1970 | Aselina03646335 · Hospitality | <0.1% | 15,539€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -5,440€ | -35.0% | 1 | 767€ |
| 1971 | HK Engineering03688097 · Construction | <0.1% | 15,530€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 1,732€ | 11.2% | 1 | 697€ |
| 1972 | Alliance A103458423 · Construction | <0.1% | 15,526€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 6,406€ | 41.3% | 1 | 676€ |
| 1973 | Beta Energy03473660 · Energy, water & waste | <0.1% | 15,475€ | -71.1% | -1,238€ | -8.0% | 1 | 928€ |
| 1974 | V&Jkop03737233 · Administrative services | <0.1% | 15,474€ | No filing for 2024. | -5,052€ | -32.6% | 2 | 639€ |
| 1975 | Montenegro Local Market03450287 · Administrative services | <0.1% | 15,458€ | +1,071.1% | -1,814€ | -11.7% | 1 | 1,341€ |
| 1976 | Ksenia Psychology03416097 · Professional services | <0.1% | 15,355€ | +36.9% | 1,318€ | 8.6% | 1 | 922€ |
| 1977 | Campeones Sport Agency03365433 · Arts & entertainment | <0.1% | 15,340€ | +166.8% | 2,882€ | 18.8% | 1 | 373€ |
| 1978 | Spa Consult02784513 · Trade | <0.1% | 15,308€ | -7.6% | 4,158€ | 27.2% | 1 | 354€ |
| 1979 | Kaskad02811146 · Construction | <0.1% | 15,266€ | -66.8% | 266€ | 1.7% | 1 | 678€ |
| 1980 | Rush Digital Technologies03099156 · Technology | <0.1% | 15,206€ | -62.4% | -9,373€ | -61.6% | 1 | 1,050€ |
| 1981 | Birum Dizajn Studio03636216 · Professional services | <0.1% | 15,199€ | +56.3% | -2,930€ | -19.3% | 1 | 706€ |
| 1982 | Logunov's Garden03338657 · Agriculture | <0.1% | 15,195€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 7,092€ | 46.7% | 1 | 675€ |
| 1983 | Lazogullari03389898 · Trade | <0.1% | 15,160€ | +18.0% | -1,661€ | -11.0% | 1 | 678€ |
| 1984 | Dental Depot CG03241556 · Trade | <0.1% | 15,089€ | -46.1% | -53,611€ | -355.3% | 1 | 450€ |
| 1985 | Item03596435 · Professional services | <0.1% | 15,088€ | +40.6% | 2,025€ | 13.4% | 2 | 399€ |
| 1986 | Novikova Soft03567222 · Technology | <0.1% | 15,043€ | -12.7% | 1,499€ | 10.0% | 1 | 678€ |
| 1987 | Prizma Group Distribution & Consulting03221024 · Professional services | <0.1% | 15,000€ | -49.1% | -7,276€ | -48.5% | 1 | 1,664€ |
| 1988 | Sli02389045 · Construction | <0.1% | 15,000€ | +58.9% | -46,222€ | -308.1% | 1 | 1,157€ |
| 1989 | Estrich03282520 · Construction | <0.1% | 15,000€ | +66.7% | 3,320€ | 22.1% | 1 | 677€ |
| 1990 | Melicx Consultancy03607135 · Professional services | <0.1% | 15,000€ | +50.0% | 2,563€ | 17.1% | 1 | 926€ |
| 1991 | Montebay Real Estate03774627 · Real estate | <0.1% | 15,000€ | No filing for 2024. | 9,834€ | 65.6% | 1 | — |
| 1992 | Monte Vend03284310 · Construction | <0.1% | 15,000€ | -78.7% | 5,752€ | 38.3% | 1 | 678€ |
| 1993 | Viotec02628937 · Real estate | <0.1% | 15,000€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 8,308€ | 55.4% | 1 | — |
| 1994 | Opšta Stomatološka Ambulanta Gregović02755602 · Health & social care | <0.1% | 14,975€ | +64.2% | 614€ | 4.1% | 1 | 928€ |
| 1995 | Maksimyd Company03456609 · Trade | <0.1% | 14,927€ | +10.1% | -439€ | -2.9% | 1 | 670€ |
| 1996 | Sunny Farm03377601 · Agriculture | <0.1% | 14,927€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -439€ | -2.9% | 1 | 670€ |
| 1997 | Denalli03303411 · Construction | <0.1% | 14,925€ | -33.6% | -2,537€ | -17.0% | 2 | 675€ |
| 1998 | SVS 2303420914 · Professional services | <0.1% | 14,904€ | +142.3% | -4,048€ | -27.2% | 1 | 1,443€ |
| 1999 | Europajob03520811 · Professional services | <0.1% | 14,900€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -578€ | -3.9% | 1 | — |
| 2000 | Jjcleanfix03373738 · Administrative services | <0.1% | 14,815€ | -4.5% | 1,461€ | 9.9% | 1 | 1,010€ |