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 2401–2450 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* |
|---|
| 2401 | Polako Oil03505413 · Trade | <0.1% | 7,036€ | +29.5% | -12,763€ | -181.4% | 1 | 931€ |
| 2402 | Adriatic Blue03317072 · Trade | <0.1% | 7,026€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 5,044€ | 71.8% | 1 | — |
| 2403 | 4 Id Solutions03415384 · Technology | <0.1% | 7,000€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,225€ | -31.8% | 1 | 677€ |
| 2404 | Synthesis of Intelligent Systems03433412 · Technology | <0.1% | 7,000€ | -94.4% | -9,750€ | -139.3% | 1 | 810€ |
| 2405 | Ge Megatech03468356 · Technology | <0.1% | 6,983€ | -57.7% | -5,036€ | -72.1% | 1 | 928€ |
| 2406 | Visi03651479 · Administrative services | <0.1% | 6,980€ | +456.2% | -4,033€ | -57.8% | 1 | 677€ |
| 2407 | Agency Mnestate03103315 · Real estate | <0.1% | 6,925€ | -52.9% | -9,124€ | -131.8% | 2 | 508€ |
| 2408 | Platon Dev03423204 · Hospitality | <0.1% | 6,809€ | -28.1% | -2,876€ | -42.2% | 1 | 801€ |
| 2409 | Summers Corner03699994 · Hospitality | <0.1% | 6,800€ | No filing for 2024. | -2,371€ | -34.9% | 0 | — |
| 2410 | Housekeeping Team03646688 · Administrative services | <0.1% | 6,784€ | +61.0% | 72€ | 1.1% | 1 | 452€ |
| 2411 | Min03419878 · Technology | <0.1% | 6,755€ | +335.8% | -2,577€ | -38.1% | 1 | 677€ |
| 2412 | Anacak Group03772527 · Professional services | <0.1% | 6,750€ | No filing for 2024. | 2,850€ | 42.2% | 1 | — |
| 2413 | Montenegro Global Invest02767180 · Construction | <0.1% | 6,695€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -1,641€ | -24.5% | 1 | 679€ |
| 2414 | Lemon Mne03732819 · Technology | <0.1% | 6,693€ | No filing for 2024. | 0€ | 0.0% | 1 | 499€ |
| 2415 | Monte Produktiva03411842 · Real estate | <0.1% | 6,653€ | -83.4% | -16,764€ | -252.0% | 2 | 834€ |
| 2416 | Lal03222438 · Professional services | <0.1% | 6,650€ | +180.4% | -15,707€ | -236.2% | 2 | 787€ |
| 2417 | Foxyway03506886 · Technology | <0.1% | 6,650€ | +15.6% | -6,681€ | -100.5% | 2 | 546€ |
| 2418 | Batuich Design Studio03716805 · Technology | <0.1% | 6,640€ | No filing for 2024. | -2,180€ | -32.8% | 1 | 634€ |
| 2419 | Healthcare Inc03440800 · Personal services | <0.1% | 6,627€ | +41.0% | -4,786€ | -72.2% | 1 | 922€ |
| 2420 | Natabiba03309924 · Administrative services | <0.1% | 6,612€ | +2.2% | -19,016€ | -287.6% | 1 | 937€ |
| 2421 | Dol Amort03306321 · Professional services | <0.1% | 6,600€ | +10.9% | -1,659€ | -25.1% | 1 | 675€ |
| 2422 | Spila Group03013855 · Hospitality | <0.1% | 6,535€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -5,093€ | -77.9% | 2 | 338€ |
| 2423 | Aisa Investment Montenegro03214222 · Real estate | <0.1% | 6,525€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -5,902€ | -90.5% | 1 | 923€ |
| 2424 | Harmony Systems03710793 · Technology | <0.1% | 6,514€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -3,122€ | -47.9% | 1 | 678€ |
| 2425 | Efcom Group03703177 · Real estate | <0.1% | 6,500€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,164€ | -171.8% | 2 | 713€ |
| 2426 | JNN Consulting03454061 · Real estate | <0.1% | 6,500€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -1,966€ | -30.2% | 1 | 697€ |
| 2427 | Smartcraft03480429 · Trade | <0.1% | 6,480€ | +290.4% | -5,473€ | -84.5% | 1 | 927€ |
| 2428 | Salveo Monte03370534 · Education | <0.1% | 6,477€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -1,848€ | -28.5% | 1 | 674€ |
| 2429 | Crocus Plus03473228 · Administrative services | <0.1% | 6,450€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -10,944€ | -169.7% | 2 | 677€ |
| 2430 | Adriatic Vending03765075 · Trade | <0.1% | 6,438€ | No filing for 2024. | -8,204€ | -127.4% | 2 | 326€ |
| 2431 | Magična Radionica03671640 · Arts & entertainment | <0.1% | 6,419€ | -13.3% | -3,325€ | -51.8% | 1 | 509€ |
| 2432 | Project&Geo03530256 · Professional services | <0.1% | 6,405€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,622€ | -40.9% | 1 | 677€ |
| 2433 | Sunway Monte03370569 · Education | <0.1% | 6,367€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -1,969€ | -30.9% | 1 | 674€ |
| 2434 | Sity Coffee03591964 · Trade | <0.1% | 6,358€ | +235.9% | -13,115€ | -206.3% | 1 | 675€ |
| 2435 | Montconsult02421917 · Professional services | <0.1% | 6,347€ | +227.7% | 44€ | 0.7% | 2 | — |
| 2436 | Property & Travel02821931 · Real estate | <0.1% | 6,338€ | -48.7% | -19,845€ | -313.1% | 3 | 658€ |
| 2437 | Intrepid03646807 · Technology | <0.1% | 6,300€ | -77.1% | 1,359€ | 21.6% | 1 | 339€ |
| 2438 | Umbrella - Hive - It03526801 · Technology | <0.1% | 6,300€ | -78.4% | -28,471€ | -451.9% | 2 | 803€ |
| 2439 | Kosmo Trade03728463 · Trade | <0.1% | 6,270€ | No filing for 2024. | -2,571€ | -41.0% | 1 | 492€ |
| 2440 | Golden Beauty03191745 · Personal services | <0.1% | 6,266€ | -61.9% | -1,205€ | -19.2% | 2 | — |
| 2441 | Onyx F&R03235106 · Trade | <0.1% | 6,265€ | +30.8% | 101€ | 1.6% | 3 | — |
| 2442 | Adriatic Alliance Group02849917 · Professional services | <0.1% | 6,220€ | +117.5% | -3,509€ | -56.4% | 1 | 670€ |
| 2443 | Service Mix03509761 · Professional services | <0.1% | 6,200€ | +24.0% | -3,172€ | -51.2% | 1 | 677€ |
| 2444 | Adriatic Star Mne03491048 · Trade | <0.1% | 6,183€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -3,147€ | -50.9% | 1 | 670€ |
| 2445 | Kenuya02928434 · Personal services | <0.1% | 6,147€ | -58.2% | -7,529€ | -122.5% | 2 | 391€ |
| 2446 | Ofuma03552403 · Hospitality | <0.1% | 6,135€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -6,030€ | -98.3% | 1 | 926€ |
| 2447 | Adriatico Realty Collection03217710 · Real estate | <0.1% | 6,132€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -154,909€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 8 | 1,277€ |
| 2448 | Ilinskaia - Farm03466809 · Agriculture | <0.1% | 6,121€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -3,456€ | -56.5% | 1 | 676€ |
| 2449 | PM Consulting03755487 · Construction | <0.1% | 6,120€ | No filing for 2024. | -67€ | -1.1% | 1 | 461€ |
| 2450 | Victory Be Mine03662659 · Transport & logistics | <0.1% | 6,115€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -3,469€ | -56.7% | 1 | 665€ |