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 201–250 of 1,051
* 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* |
|---|
| 201 | Andy Tattoo Studio03491030 · Trade | <0.1% | 51,577€ | +114.3% | 11,976€ | 23.2% | 2 | 746€ |
| 202 | Natural Shop03216934 · Trade | <0.1% | 50,542€ | -18.6% | -28,025€ | -55.4% | 3 | 962€ |
| 203 | Trust Capital03423794 · Trade | <0.1% | 49,569€ | +32.2% | 13,472€ | 27.2% | 3 | 691€ |
| 204 | Tinadar02985799 · Trade | <0.1% | 49,249€ | -65.3% | 14,744€ | 29.9% | 4 | 465€ |
| 205 | Univer Service03643522 · Trade | <0.1% | 49,072€ | +145.2% | -1,909€ | -3.9% | 1 | 751€ |
| 206 | Intimissima SF03048349 · Trade | <0.1% | 48,432€ | +0.3% | 1,321€ | 2.7% | 2 | 680€ |
| 207 | Prokons Ing03647773 · Trade | <0.1% | 47,743€ | -58.3% | 2,654€ | 5.6% | 1 | 681€ |
| 208 | Devos03176479 · Trade | <0.1% | 47,545€ | -48.3% | -7,787€ | -16.4% | 2 | 506€ |
| 209 | Per Favore03190234 · Trade | <0.1% | 46,526€ | -61.5% | -167€ | -0.4% | 3 | 685€ |
| 210 | Monooptics Monte03502317 · Trade | <0.1% | 46,318€ | +8.2% | -1,983€ | -4.3% | 3 | 553€ |
| 211 | Ozdemir Group03399389 · Trade | <0.1% | 46,194€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 22,822€ | 49.4% | 1 | 1,389€ |
| 212 | Han Yu03293955 · Trade | <0.1% | 45,390€ | +34.8% | -10,497€ | -23.1% | 2 | 685€ |
| 213 | S Group02885034 · Trade | <0.1% | 45,014€ | +3.8% | -18,275€ | -40.6% | 2 | 621€ |
| 214 | Happy Garden Mne03238865 · Trade | <0.1% | 44,531€ | +50.9% | 3,400€ | 7.6% | 2 | 578€ |
| 215 | Mezopotamya Company03339734 · Trade | <0.1% | 44,468€ | -9.2% | 3,626€ | 8.2% | 2 | 696€ |
| 216 | Ćamuradam03159485 · Trade | <0.1% | 44,466€ | +36.6% | -4,182€ | -9.4% | 2 | 803€ |
| 217 | Kmo Solar03418235 · Trade | <0.1% | 44,123€ | -43.3% | -17,600€ | -39.9% | 1 | 683€ |
| 218 | BBH03126048 · Trade | <0.1% | 43,899€ | +53.6% | 4,590€ | 10.5% | 2 | 608€ |
| 219 | Staša02693852 · Trade | <0.1% | 43,228€ | +1.7% | -21,980€ | -50.8% | 2 | 802€ |
| 220 | Malevich Art Shop03484009 · Trade | <0.1% | 43,194€ | -20.0% | -9,475€ | -21.9% | 2 | 683€ |
| 221 | Montemaris03615723 · Trade | <0.1% | 42,641€ | +15.0% | -20,313€ | -47.6% | 1 | 1,201€ |
| 222 | Cai - Pan Montenegro02780887 · Trade | <0.1% | 42,538€ | -15.0% | 799€ | 1.9% | 1 | 691€ |
| 223 | Colored Dots03396118 · Trade | <0.1% | 42,215€ | +13.4% | 3,011€ | 7.1% | 2 | 594€ |
| 224 | Brajić02163128 · Trade | <0.1% | 42,136€ | +47.8% | -3,422€ | -8.1% | 3 | 800€ |
| 225 | Ariart03590224 · Trade | <0.1% | 41,249€ | +168.7% | -29,457€ | -71.4% | 3 | 1,274€ |
| 226 | Isop03216632 · Trade | <0.1% | 40,869€ | +3.6% | 2,077€ | 5.1% | 1 | 994€ |
| 227 | Aluminijum02677253 · Trade | <0.1% | 40,116€ | +88.2% | -7,113€ | -17.7% | 2 | 563€ |
| 228 | Firefly03501809 · Trade | <0.1% | 39,524€ | +431.9% | 24,750€ | 62.6% | 1 | 998€ |
| 229 | 5-Star Business Academy03447413 · Trade | <0.1% | 38,540€ | -20.0% | -39,977€ | -103.7% | 2 | 672€ |
| 230 | Aypa Group03577716 · Trade | <0.1% | 38,426€ | +99.8% | 2,166€ | 5.6% | 1 | 678€ |
| 231 | Sirius Trade03641171 · Trade | <0.1% | 37,835€ | +530.1% | -2,957€ | -7.8% | 1 | 805€ |
| 232 | Montechem02987732 · Trade | <0.1% | 37,773€ | +22.8% | -2,146€ | -5.7% | 1 | — |
| 233 | MY Secret02976498 · Trade | <0.1% | 37,636€ | -0.2% | 3,438€ | 9.1% | 2 | 885€ |
| 234 | Zlatara Toni03662314 · Trade | <0.1% | 36,633€ | +145.2% | 16,505€ | 45.1% | 1 | 821€ |
| 235 | Livada02993805 · Trade | <0.1% | 36,210€ | +125.9% | 4,466€ | 12.3% | 3 | 563€ |
| 236 | La Joya Company03670490 · Trade | <0.1% | 35,206€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 11,369€ | 32.3% | 5 | — |
| 237 | Alara Energy Group03340317 · Trade | <0.1% | 35,034€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 23,894€ | 68.2% | 1 | 928€ |
| 238 | Liksi 103640353 · Trade | <0.1% | 34,578€ | +15.2% | 1,957€ | 5.7% | 1 | 583€ |
| 239 | Penso03413985 · Trade | <0.1% | 34,494€ | -24.2% | -43,371€ | -125.7% | 2 | 548€ |
| 240 | Bruka02655527 · Trade | <0.1% | 34,347€ | +107.6% | 862€ | 2.5% | 2 | 575€ |
| 241 | 4 Seasons02823560 · Trade | <0.1% | 34,283€ | +69.6% | -9,797€ | -28.6% | 3 | 608€ |
| 242 | Lux Invest03486745 · Trade | <0.1% | 34,102€ | +424.6% | 17,517€ | 51.4% | 1 | 925€ |
| 243 | Poker Shop03113035 · Trade | <0.1% | 33,592€ | +44.9% | 5,027€ | 15.0% | 1 | 924€ |
| 244 | Interex02791242 · Trade | <0.1% | 33,559€ | -6.1% | -3,217€ | -9.6% | 2 | 994€ |
| 245 | Zvijezda 303030466 · Trade | <0.1% | 32,703€ | -20.9% | -2,678€ | -8.2% | 1 | — |
| 246 | V & M Dabetić02866340 · Trade | <0.1% | 32,502€ | +11.3% | -23,328€ | -71.8% | 2 | 1,191€ |
| 247 | R i o02379082 · Trade | <0.1% | 32,463€ | -69.4% | -13,237€ | -40.8% | 2 | 339€ |
| 248 | Nature Consultancy03464059 · Trade | <0.1% | 32,192€ | +114.4% | 20,803€ | 64.6% | 1 | 675€ |
| 249 | Green Teh03414469 · Trade | <0.1% | 31,310€ | +286.6% | -30,203€ | -96.5% | 1 | 1,764€ |
| 250 | Integral Life03511634 · Trade | <0.1% | 31,150€ | +139.6% | 2,355€ | 7.6% | 3 | 760€ |