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 2001–2050 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* |
|---|
| 2001 | Si14 Bet03316556 · Technology | <0.1% | 14,770€ | -87.3% | -27,266€ | -184.6% | 2 | 806€ |
| 2002 | Fax - Bau03165191 · Construction | <0.1% | 14,706€ | +267.7% | -3,739€ | -25.4% | 1 | 1,341€ |
| 2003 | Obsidian03641864 · Trade | <0.1% | 14,657€ | +2,831.4% | 3,797€ | 25.9% | 1 | 735€ |
| 2004 | Art Life&Dreams Co03528464 · Professional services | <0.1% | 14,620€ | +41.3% | 2,738€ | 18.7% | 1 | 685€ |
| 2005 | Pro Wash03476537 · Personal services | <0.1% | 14,611€ | +42.9% | 3,434€ | 23.5% | 1 | — |
| 2006 | Abeceda02794357 · Arts & entertainment | <0.1% | 14,550€ | -6.5% | -11,204€ | -77.0% | 1 | 924€ |
| 2007 | Vincenzo03306429 · Personal services | <0.1% | 14,541€ | -4.0% | -11,110€ | -76.4% | 2 | 981€ |
| 2008 | Green Lining03614140 · Manufacturing | <0.1% | 14,533€ | +16.5% | 427€ | 2.9% | 1 | 338€ |
| 2009 | Studio Strada03544044 · Trade | <0.1% | 14,517€ | +140.9% | 196€ | 1.4% | 1 | 749€ |
| 2010 | Intergrafica03223604 · Professional services | <0.1% | 14,506€ | -89.7% | -55,789€ | -384.6% | 1 | 698€ |
| 2011 | DSL Development03422879 · Hospitality | <0.1% | 14,499€ | +50.8% | 996€ | 6.9% | 1 | 1,030€ |
| 2012 | Alterra03018946 · Education | <0.1% | 14,475€ | +362.9% | -978€ | -6.8% | 1 | 832€ |
| 2013 | Alcetas Group03500861 · Trade | <0.1% | 14,453€ | -25.1% | 2,560€ | 17.7% | 1 | 681€ |
| 2014 | Fasterus03508757 · Arts & entertainment | <0.1% | 14,438€ | +23.8% | 3,204€ | 22.2% | 1 | 670€ |
| 2015 | Sunset Group03653331 · Hospitality | <0.1% | 14,413€ | +332.3% | -8,280€ | -57.4% | 1 | 563€ |
| 2016 | Š A J o02353881 · Hospitality | <0.1% | 14,405€ | +6.2% | -8,150€ | -56.6% | 2 | 338€ |
| 2017 | Adriatica Club03479285 · Real estate | <0.1% | 14,350€ | +82.8% | 5,525€ | 38.5% | 1 | 678€ |
| 2018 | All Clean03676722 · Administrative services | <0.1% | 14,342€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,226€ | -15.5% | 2 | 493€ |
| 2019 | Innovarch Group03406954 · Professional services | <0.1% | 14,331€ | +1.9% | 1,874€ | 13.1% | 1 | 926€ |
| 2020 | Burger Craft03380912 · Hospitality | <0.1% | 14,326€ | -41.7% | -23,219€ | -162.1% | 3 | 704€ |
| 2021 | Mornar02086069 · Administrative services | <0.1% | 14,277€ | +11.0% | 1,354€ | 9.5% | 1 | 786€ |
| 2022 | Free Flamingo03181197 · Trade | <0.1% | 14,262€ | -3.8% | -15,159€ | -106.3% | 1 | 678€ |
| 2023 | Horošo02711516 · Transport & logistics | <0.1% | 14,209€ | -39.6% | -19,214€ | -135.2% | 2 | 835€ |
| 2024 | Auto Servis - Miko03045684 · Trade | <0.1% | 14,166€ | +6.6% | 1,301€ | 9.2% | 1 | 680€ |
| 2025 | Stern Company03448711 · Real estate | <0.1% | 14,145€ | +55.4% | -3,799€ | -26.9% | 2 | 670€ |
| 2026 | Climate City03660079 · Administrative services | <0.1% | 14,142€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 3,998€ | 28.3% | 1 | 675€ |
| 2027 | Sonex Mne03535851 · Construction | <0.1% | 14,096€ | +108,330.8% | 887€ | 6.3% | 1 | 981€ |
| 2028 | MG Inovation03108384 · Real estate | <0.1% | 14,050€ | -86.7% | -52,786€ | -375.7% | 3 | 478€ |
| 2029 | In Clouds03062538 · Professional services | <0.1% | 14,047€ | +85.9% | 2,539€ | 18.1% | 2 | 409€ |
| 2030 | Clever Things Technologies03531449 · Trade | <0.1% | 14,020€ | -56.2% | -6,635€ | -47.3% | 2 | 789€ |
| 2031 | Festlen03415490 · Professional services | <0.1% | 14,000€ | +182.8% | 1,494€ | 10.7% | 1 | 926€ |
| 2032 | Iv Renta Car03631125 · Administrative services | <0.1% | 13,950€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 990€ | 7.1% | 1 | 678€ |
| 2033 | Hekata03464822 · Manufacturing | <0.1% | 13,938€ | +785.0% | -16,772€ | -120.3% | 1 | 682€ |
| 2034 | Pynkodev03714748 · Technology | <0.1% | 13,930€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -174€ | -1.2% | 1 | 1,011€ |
| 2035 | Inventus03558215 · Administrative services | <0.1% | 13,917€ | -28.4% | 1,067€ | 7.7% | 1 | — |
| 2036 | Lingua Minds03563812 · Education | <0.1% | 13,889€ | +24.7% | -1,886€ | -13.6% | 1 | 1,194€ |
| 2037 | Clinique Beauty03546705 · Personal services | <0.1% | 13,820€ | -7.9% | -2,847€ | -20.6% | 1 | 677€ |
| 2038 | Kaplia03366332 · Personal services | <0.1% | 13,800€ | +29.9% | 1,319€ | 9.6% | 2 | 509€ |
| 2039 | Rekreaturs02901757 · Hospitality | <0.1% | 13,760€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -159,079€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 1,216€ |
| 2040 | Berba Glass03783120 · Trade | <0.1% | 13,673€ | No filing for 2024. | -7,572€ | -55.4% | 1 | — |
| 2041 | J Turist03536831 · Administrative services | <0.1% | 13,650€ | +68.0% | 1,676€ | 12.3% | 1 | 926€ |
| 2042 | Sancho03644405 · Trade | <0.1% | 13,638€ | +10.8% | -5,028€ | -36.9% | 1 | — |
| 2043 | Moda-Elitte02378493 · Trade | <0.1% | 13,620€ | -14.9% | -8,313€ | -61.0% | 1 | 911€ |
| 2044 | NK Dekor03520374 · Construction | <0.1% | 13,574€ | -62.4% | -13,562€ | -99.9% | 2 | 424€ |
| 2045 | Belive & Hope03677001 · Administrative services | <0.1% | 13,553€ | +950.6% | -8,943€ | -66.0% | 2 | 677€ |
| 2046 | Paciencia03779742 · Hospitality | <0.1% | 13,498€ | No filing for 2024. | 3,642€ | 27.0% | 1 | — |
| 2047 | Antey-Plus03659429 · Construction | <0.1% | 13,401€ | +611.3% | 2,676€ | 20.0% | 1 | 688€ |
| 2048 | Anbonix Solutions03457869 · Technology | <0.1% | 13,400€ | -4.3% | 798€ | 6.0% | 1 | 926€ |
| 2049 | Prosperfamily02970465 · Professional services | <0.1% | 13,400€ | +3.8% | 5,000€ | 37.3% | 1 | 677€ |
| 2050 | Aytem Turizm03518540 · Real estate | <0.1% | 13,380€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 5,277€ | 39.4% | 1 | 675€ |