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 2101–2150 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* |
|---|
| 2101 | Kreativna Manufaktura03472817 · Arts & entertainment | <0.1% | 12,410€ | -7.7% | -11,652€ | -93.9% | 1 | 1,081€ |
| 2102 | Ciftci03281116 · Construction | <0.1% | 12,397€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -6,468€ | -52.2% | 1 | 677€ |
| 2103 | A Terra Leaf03522237 · Trade | <0.1% | 12,365€ | +3.0% | 260€ | 2.1% | 1 | 678€ |
| 2104 | DB Invest03037568 · Professional services | <0.1% | 12,330€ | -13.6% | -7,514€ | -60.9% | 1 | 671€ |
| 2105 | MVP Makers03306844 · Technology | <0.1% | 12,325€ | +47.6% | -2,508€ | -20.3% | 1 | 972€ |
| 2106 | Bečići Properties02890402 · Construction | <0.1% | 12,314€ | -58.5% | -60,370€ | -490.3% | 3 | — |
| 2107 | 1 Calmness03535428 · Administrative services | <0.1% | 12,309€ | +951.2% | -5,727€ | -46.5% | 1 | 678€ |
| 2108 | Clean & Great03363171 · Administrative services | <0.1% | 12,265€ | +142.9% | -5,518€ | -45.0% | 2 | 675€ |
| 2109 | Runavia03561275 · Technology | <0.1% | 12,258€ | +32.7% | 3,232€ | 26.4% | 1 | 677€ |
| 2110 | BV Car03267555 · Administrative services | <0.1% | 12,236€ | -4.1% | 558€ | 4.6% | 1 | 675€ |
| 2111 | At-Tosco03485510 · Manufacturing | <0.1% | 12,184€ | +255.0% | 248€ | 2.0% | 1 | 916€ |
| 2112 | Sveydi03600866 · Personal services | <0.1% | 12,180€ | +60.7% | -6,179€ | -50.7% | 1 | 867€ |
| 2113 | Hydrix03379787 · Real estate | <0.1% | 12,168€ | +193.2% | 163€ | 1.3% | 1 | 985€ |
| 2114 | Away03285430 · Administrative services | <0.1% | 12,166€ | +238.9% | -7,584€ | -62.3% | 1 | 1,096€ |
| 2115 | Smart Engineering Solutions03514447 · Trade | <0.1% | 12,158€ | -82.6% | -13,989€ | -115.1% | 3 | 492€ |
| 2116 | Dies Irae03573303 · Personal services | <0.1% | 12,150€ | +88.1% | -2,441€ | -20.1% | 1 | 339€ |
| 2117 | Index02894769 · Administrative services | <0.1% | 12,147€ | +11.5% | -11,129€ | -91.6% | 1 | 1,229€ |
| 2118 | Definece03576736 · Trade | <0.1% | 12,120€ | +236.2% | -366€ | -3.0% | 1 | 928€ |
| 2119 | Ip Groilova03426351 · Administrative services | <0.1% | 12,100€ | +16.3% | -629€ | -5.2% | 1 | 924€ |
| 2120 | September 22 Mne03485692 · Trade | <0.1% | 12,100€ | +33.7% | -84€ | -0.7% | 1 | 916€ |
| 2121 | Kojot02977575 · Administrative services | <0.1% | 12,087€ | -53.0% | -13,348€ | -110.4% | 1 | 670€ |
| 2122 | Frei LLC03198367 · Professional services | <0.1% | 12,064€ | -34.3% | -178€ | -1.5% | 1 | 921€ |
| 2123 | Helena&Ms03617149 · Professional services | <0.1% | 12,055€ | +17.9% | 89€ | 0.7% | 1 | 905€ |
| 2124 | Piart&Co03635040 · Professional services | <0.1% | 12,000€ | +20.0% | 190€ | 1.6% | 1 | 926€ |
| 2125 | Resun03461149 · Technology | <0.1% | 12,000€ | +15.9% | 1,428€ | 11.9% | 1 | 712€ |
| 2126 | Smart Link02292815 · Professional services | <0.1% | 11,919€ | +12.3% | 56€ | 0.5% | 1 | 675€ |
| 2127 | Složna Braća Mne03630609 · Trade | <0.1% | 11,859€ | +77.6% | 993€ | 8.4% | 2 | 348€ |
| 2128 | Goldstone Group03634272 · Hospitality | <0.1% | 11,855€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -51,927€ | -438.0% | 2 | 1,115€ |
| 2129 | Božović D&D Company02394855 · Hospitality | <0.1% | 11,827€ | +8.4% | -2,210€ | -18.7% | 1 | 675€ |
| 2130 | Juma Finances03654648 · Professional services | <0.1% | 11,800€ | +237.1% | -613€ | -5.2% | 1 | 926€ |
| 2131 | Himikoff03500152 · Hospitality | <0.1% | 11,766€ | -42.9% | -12,036€ | -102.3% | 2 | 619€ |
| 2132 | Jadranski Transfer03525473 · Real estate | <0.1% | 11,762€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 3,659€ | 31.1% | 1 | 675€ |
| 2133 | Muc Company03417786 · Professional services | <0.1% | 11,750€ | +57.8% | 997€ | 8.5% | 1 | 678€ |
| 2134 | Sion Sion-Grup02458535 · Transport & logistics | <0.1% | 11,725€ | +38.8% | 0€ | 0.0% | 1 | 675€ |
| 2135 | Itsales03695751 · Real estate | <0.1% | 11,682€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 3,455€ | 29.6% | 1 | — |
| 2136 | Bellezza02983257 · Personal services | <0.1% | 11,658€ | -16.3% | -1,030€ | -8.8% | 1 | 677€ |
| 2137 | Galuška03260879 · Manufacturing | <0.1% | 11,624€ | +539.4% | 2,529€ | 21.8% | 1 | 670€ |
| 2138 | Ilana Montepro03320766 · Administrative services | <0.1% | 11,575€ | +64.8% | -6,850€ | -59.2% | 1 | 1,431€ |
| 2139 | NDM Research03437841 · Technology | <0.1% | 11,573€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,225€ | -79.7% | 2 | 806€ |
| 2140 | NK-It Recruit03437701 · Technology | <0.1% | 11,573€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,225€ | -79.7% | 1 | 1,611€ |
| 2141 | Seven Service03484858 · Real estate | <0.1% | 11,545€ | +1,045.3% | 2,541€ | 22.0% | 1 | 677€ |
| 2142 | Summit It Consulting03784231 · Technology | <0.1% | 11,520€ | No filing for 2024. | 8,554€ | 74.3% | 1 | — |
| 2143 | Aparat Service Mne03292932 · Arts & entertainment | <0.1% | 11,506€ | -57.5% | -30,936€ | -268.9% | 1 | 1,288€ |
| 2144 | Mulgen Consulting03300978 · Professional services | <0.1% | 11,500€ | +82.3% | 3,312€ | 28.8% | 1 | 675€ |
| 2145 | Efem Gida Company03486257 · Hospitality | <0.1% | 11,493€ | +77.6% | 79€ | 0.7% | 1 | 676€ |
| 2146 | Bosfor Group03215601 · Professional services | <0.1% | 11,477€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 8,859€ | 77.2% | 1 | — |
| 2147 | Lili Art Company03370461 · Administrative services | <0.1% | 11,462€ | -36.6% | -34,332€ | -299.5% | 1 | 689€ |
| 2148 | Hair Lab03645835 · Personal services | <0.1% | 11,440€ | +37.7% | -1,012€ | -8.8% | 1 | 678€ |
| 2149 | Klijen02706253 · Trade | <0.1% | 11,423€ | +65.6% | -233€ | -2.0% | 1 | 335€ |
| 2150 | Myrte03031616 · Trade | <0.1% | 11,380€ | +11.7% | -4,103€ | -36.1% | 1 | 581€ |