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 2551–2600 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* |
|---|
| 2551 | Darma Lux02999773 · Hospitality | <0.1% | 4,631€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -28,576€ | -617.1% | 1 | 338€ |
| 2552 | Veranda03477177 · Education | <0.1% | 4,629€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -7,829€ | -169.1% | 1 | 926€ |
| 2553 | Niki Flowers03589340 · Trade | <0.1% | 4,600€ | +265.1% | -9,084€ | -197.5% | 1 | 1,061€ |
| 2554 | Tesla Energy LTD03476294 · Professional services | <0.1% | 4,596€ | -58.2% | -7,240€ | -157.5% | 1 | 678€ |
| 2555 | Nevladino Udruženje / Nvo Udruženje Vasojevića, Primorja i Boke / Budva11082289 · Public & nonprofit | <0.1% | 4,589€ | No filing for 2024. | -874€ | -19.0% | 1 | 352€ |
| 2556 | Del Projekt02440890 · Professional services | <0.1% | 4,580€ | -45.9% | -25,409€ | -554.8% | 1 | 337€ |
| 2557 | Hydrogen LNG Fuel03478491 · Administrative services | <0.1% | 4,546€ | -81.1% | -794€ | -17.5% | 1 | 353€ |
| 2558 | Ravić Design03434150 · Professional services | <0.1% | 4,546€ | -79.6% | -10,757€ | -236.6% | 2 | 518€ |
| 2559 | Creatiwwwa03077004 · Technology | <0.1% | 4,543€ | +7.8% | -85€ | -1.9% | 1 | — |
| 2560 | Purpec03404706 · Professional services | <0.1% | 4,538€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -12,011€ | -264.7% | 1 | 1,195€ |
| 2561 | Fer Transformacije03450198 · Professional services | <0.1% | 4,531€ | -38.7% | -2,513€ | -55.5% | 1 | 507€ |
| 2562 | Il Kote03613259 · Technology | <0.1% | 4,500€ | -92.1% | -8,720€ | -193.8% | 1 | 975€ |
| 2563 | Time Marine02887703 · Trade | <0.1% | 4,494€ | +1.8% | -74,522€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 2 | 681€ |
| 2564 | Rochelle03093140 · Trade | <0.1% | 4,475€ | -84.5% | -4,255€ | -95.1% | 1 | 670€ |
| 2565 | Seafront Investments03338096 · Construction | <0.1% | 4,465€ | +101.9% | 2,657€ | 59.5% | 1 | — |
| 2566 | Vareality Mind Tech03719014 · Technology | <0.1% | 4,450€ | No filing for 2024. | -4,511€ | -101.4% | 1 | 634€ |
| 2567 | Drama DM03132285 · Trade | <0.1% | 4,441€ | +48.1% | -4,157€ | -93.6% | 1 | 677€ |
| 2568 | Perušinović Company02875713 · Trade | <0.1% | 4,428€ | -56.6% | 655€ | 14.8% | 1 | — |
| 2569 | Gestalt Montenegro03475565 · Administrative services | <0.1% | 4,400€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -13,752€ | -312.5% | 1 | 1,497€ |
| 2570 | Ahsen Company03578534 · Administrative services | <0.1% | 4,370€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -6,336€ | -145.0% | 1 | 676€ |
| 2571 | Moja Plava03552187 · Hospitality | <0.1% | 4,284€ | -70.1% | -8,433€ | -196.8% | 1 | 677€ |
| 2572 | Mistiqe02838753 · Personal services | <0.1% | 4,239€ | -37.7% | -512€ | -12.1% | 1 | 337€ |
| 2573 | Nla Consulting03536297 · Technology | <0.1% | 4,235€ | +323.5% | -8,045€ | -190.0% | 1 | 916€ |
| 2574 | Boka Inženjering03065103 · Professional services | <0.1% | 4,216€ | -90.8% | -76,082€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 3 | 452€ |
| 2575 | Oncogenious03427668 · Professional services | <0.1% | 4,215€ | -45.5% | -5,172€ | -122.7% | 1 | 678€ |
| 2576 | Montreal Imperia03508617 · Administrative services | <0.1% | 4,214€ | -93.6% | -67,676€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 1,903€ |
| 2577 | Estate Service03177777 · Real estate | <0.1% | 4,200€ | -82.0% | -19,964€ | -475.3% | 4 | 422€ |
| 2578 | Amd Budva 201803170837 · Professional services | <0.1% | 4,190€ | -0.4% | -12,940€ | -308.8% | 1 | 1,185€ |
| 2579 | Adriapulse03736733 · Agriculture | <0.1% | 4,150€ | No filing for 2024. | -3,434€ | -82.7% | 1 | 560€ |
| 2580 | Karatas Montenegro03462307 · Professional services | <0.1% | 4,150€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -5,284€ | -127.3% | 1 | 670€ |
| 2581 | Umetnička Radionica Baglaj03741923 · Arts & entertainment | <0.1% | 4,140€ | No filing for 2024. | -460€ | -11.1% | 1 | 324€ |
| 2582 | Adriatic Management Company02911060 · Hospitality | <0.1% | 4,139€ | +592.1% | -7,589€ | -183.4% | 2 | — |
| 2583 | B2 Elektro03309541 · Construction | <0.1% | 4,132€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -3,990€ | -96.6% | 1 | 677€ |
| 2584 | Jovo Stone Gradnja03490351 · Construction | <0.1% | 4,132€ | -72.2% | -2,572€ | -62.2% | 1 | 338€ |
| 2585 | Yes Lavka03522032 · Administrative services | <0.1% | 4,100€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -5,969€ | -145.6% | 1 | 760€ |
| 2586 | Gogreens03778576 · Technology | <0.1% | 4,100€ | No filing for 2024. | 185€ | 4.5% | 1 | — |
| 2587 | Salončić03582647 · Personal services | <0.1% | 4,100€ | +6.3% | -770€ | -18.8% | 1 | 339€ |
| 2588 | Petra Damira03492206 · Hospitality | <0.1% | 4,075€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -6,638€ | -162.9% | 1 | 700€ |
| 2589 | Goreina Ceramics03528197 · Manufacturing | <0.1% | 4,058€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -14,994€ | -369.5% | 1 | 948€ |
| 2590 | Bohemian Zone03519546 · Trade | <0.1% | 4,053€ | -41.3% | -18,468€ | -455.7% | 1 | 1,756€ |
| 2591 | Efendioglu Excavation and Construction03698157 · Construction | <0.1% | 4,035€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -44,843€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 610€ |
| 2592 | Vgaa Trade02627582 · Real estate | <0.1% | 4,029€ | -25.7% | 1,781€ | 44.2% | 1 | — |
| 2593 | Tuna Art & Design03586375 · Professional services | <0.1% | 4,000€ | -86.9% | -5,183€ | -129.6% | 1 | 675€ |
| 2594 | Lunumis Adria03434923 · Professional services | <0.1% | 4,000€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,236€ | -105.9% | 1 | 675€ |
| 2595 | Nega-Tours Montenegro02399369 · Hospitality | <0.1% | 4,000€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -76,440€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | — |
| 2596 | Botanikos Mne03360431 · Transport & logistics | <0.1% | 3,982€ | +6.2% | -17,809€ | -447.2% | 2 | 465€ |
| 2597 | Geoventura03773507 · Administrative services | <0.1% | 3,974€ | No filing for 2024. | -8,837€ | -222.4% | 1 | 1,012€ |
| 2598 | Dagcilar03692469 · Administrative services | <0.1% | 3,950€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,658€ | -219.2% | 1 | 920€ |
| 2599 | Biancolino03796744 · Trade | <0.1% | 3,928€ | No filing for 2024. | -1,656€ | -42.2% | 2 | — |
| 2600 | Bluesky Partners03667375 · Construction | <0.1% | 3,923€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -12,685€ | -323.3% | 1 | 314€ |