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 2701–2750 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* |
|---|
| 2701 | Codafinity03480844 · Technology | <0.1% | 2,500€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -6,796€ | -271.8% | 1 | 670€ |
| 2702 | Ussury Star02960419 · Real estate | <0.1% | 2,500€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -6,352€ | -254.1% | 1 | 675€ |
| 2703 | Hopespring03399362 · Trade | <0.1% | 2,500€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -5,928€ | -237.1% | 1 | 678€ |
| 2704 | Starsmed03555666 · Personal services | <0.1% | 2,490€ | +2,249.1% | -22,488€ | -903.1% | 1 | 981€ |
| 2705 | E Bianchina Holdings03533999 · Hospitality | <0.1% | 2,480€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -5,787€ | -233.3% | 1 | 678€ |
| 2706 | Lucky Home02952084 · Real estate | <0.1% | 2,479€ | -64.5% | -34,137€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 4 | 629€ |
| 2707 | Rolianskii03436551 · Professional services | <0.1% | 2,466€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -5,734€ | -232.5% | 1 | 675€ |
| 2708 | Crystal Lotus03423212 · Arts & entertainment | <0.1% | 2,450€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -6,582€ | -268.7% | 1 | 677€ |
| 2709 | Mens Sana02253089 · Health & social care | <0.1% | 2,440€ | +7.7% | 189€ | 7.7% | 1 | — |
| 2710 | Lako Company03315193 · Administrative services | <0.1% | 2,436€ | -51.7% | -15,046€ | -617.7% | 1 | 967€ |
| 2711 | Qaguru03681084 · Technology | <0.1% | 2,420€ | +120.2% | -9,252€ | -382.3% | 2 | 423€ |
| 2712 | Red Apple03436136 · Arts & entertainment | <0.1% | 2,405€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -17,708€ | -736.3% | 2 | 808€ |
| 2713 | Barkodesign03598306 · Professional services | <0.1% | 2,400€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,826€ | -367.8% | 1 | 927€ |
| 2714 | Mirna Luka BB03234088 · Professional services | <0.1% | 2,400€ | -36.5% | -8,385€ | -349.4% | 1 | 669€ |
| 2715 | Velora03727475 · Construction | <0.1% | 2,400€ | No filing for 2024. | -4,445€ | -185.2% | 1 | 563€ |
| 2716 | Menead Tourism03433897 · Hospitality | <0.1% | 2,400€ | +2,723.5% | -17,334€ | -722.3% | 2 | 675€ |
| 2717 | Raven House03410706 · Technology | <0.1% | 2,400€ | -15.8% | -6,891€ | -287.1% | 1 | 677€ |
| 2718 | Alp-Cengiz03577236 · Hospitality | <0.1% | 2,392€ | -43.5% | -23,669€ | -989.5% | 1 | 901€ |
| 2719 | Vip-Services Montenegro03122727 · Trade | <0.1% | 2,374€ | -8.8% | -4,165€ | -175.4% | 1 | 477€ |
| 2720 | DVN Factorial03339947 · Trade | <0.1% | 2,364€ | -33.0% | -23,248€ | -983.4% | 1 | 1,685€ |
| 2721 | Bookburger03518671 · Trade | <0.1% | 2,362€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -6,554€ | -277.5% | 1 | 678€ |
| 2722 | Maxvolob03491455 · Professional services | <0.1% | 2,360€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -10,372€ | -439.5% | 1 | 926€ |
| 2723 | Skyline Resort CG03733009 · Real estate | <0.1% | 2,360€ | No filing for 2024. | -5,156€ | -218.5% | 1 | 394€ |
| 2724 | SMD Invest03734471 · Real estate | <0.1% | 2,347€ | No filing for 2024. | -2,679€ | -114.1% | 1 | — |
| 2725 | Sunčica Av03561488 · Trade | <0.1% | 2,344€ | -30.4% | -8,507€ | -362.9% | 1 | 675€ |
| 2726 | Tara Managament03061299 · Professional services | <0.1% | 2,340€ | -38.7% | -6,130€ | -262.0% | 1 | 677€ |
| 2727 | Lgdesign03665607 · Technology | <0.1% | 2,340€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -1,628€ | -69.6% | 1 | — |
| 2728 | Paskevich03490211 · Trade | <0.1% | 2,336€ | -98.4% | 0€ | 0.0% | 1 | — |
| 2729 | Ignatovo03522580 · Trade | <0.1% | 2,333€ | +626.8% | -9,086€ | -389.5% | 1 | 685€ |
| 2730 | Health & Beauty Concept03378039 · Personal services | <0.1% | 2,310€ | +36.1% | -8,004€ | -346.5% | 1 | 678€ |
| 2731 | Constanta02841622 · Administrative services | <0.1% | 2,290€ | +10.1% | -6,874€ | -300.2% | 1 | 677€ |
| 2732 | Fivamont03326659 · Trade | <0.1% | 2,278€ | -4.6% | -2,472€ | -108.5% | 1 | 337€ |
| 2733 | Brokoli Company03748596 · Professional services | <0.1% | 2,250€ | No filing for 2024. | -3,592€ | -159.6% | 1 | 477€ |
| 2734 | Chessfirst03503127 · Arts & entertainment | <0.1% | 2,250€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -6,627€ | -294.5% | 1 | 670€ |
| 2735 | Imperija Limitless03660494 · Administrative services | <0.1% | 2,250€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -32,114€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | — |
| 2736 | Trans Success03487008 · Transport & logistics | <0.1% | 2,240€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -6,702€ | -299.2% | 1 | 677€ |
| 2737 | Balkanika Plus02939720 · Administrative services | <0.1% | 2,231€ | -22.4% | -8,652€ | -387.8% | 1 | 898€ |
| 2738 | Csas Expert Projekt03503429 · Professional services | <0.1% | 2,214€ | +289.1% | -10,555€ | -476.7% | 1 | 927€ |
| 2739 | Majuly03432971 · Professional services | <0.1% | 2,210€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -6,506€ | -294.4% | 1 | 677€ |
| 2740 | True Partners03572595 · Hospitality | <0.1% | 2,200€ | +2,144.9% | -7,097€ | -322.6% | 1 | 677€ |
| 2741 | Iriss Jew03549437 · Construction | <0.1% | 2,195€ | +683.9% | -111,319€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 994€ |
| 2742 | MB Malinchiki03519767 · Professional services | <0.1% | 2,158€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -6,045€ | -280.1% | 1 | 674€ |
| 2743 | Photodep Art03491617 · Trade | <0.1% | 2,140€ | +24.6% | -17,940€ | -838.3% | 1 | 1,056€ |
| 2744 | Gurev & Co03439291 · Technology | <0.1% | 2,110€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -6,123€ | -290.2% | 1 | 675€ |
| 2745 | Catalyst Business Solutions & Consulting03558061 · Professional services | <0.1% | 2,100€ | -62.6% | -4,533€ | -215.9% | 1 | 361€ |
| 2746 | Dogan-Turizm03585344 · Hospitality | <0.1% | 2,100€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -12,096€ | -576.0% | 1 | 670€ |
| 2747 | Dislava03720349 · Personal services | <0.1% | 2,100€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -5,938€ | -282.8% | 1 | 590€ |
| 2748 | Growth Marketing Agency03412679 · Professional services | <0.1% | 2,100€ | +38.0% | -6,388€ | -304.2% | 1 | 677€ |
| 2749 | Maroje Budva03752879 · Transport & logistics | <0.1% | 2,100€ | No filing for 2024. | -2,794€ | -133.0% | 1 | 344€ |
| 2750 | Itc Design03729176 · Professional services | <0.1% | 2,100€ | No filing for 2024. | -4,824€ | -229.7% | 1 | 539€ |