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 2801–2850 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* |
|---|
| 2801 | Lan Mne03358399 · Trade | <0.1% | 1,663€ | +17.0% | -4,491€ | -270.1% | 1 | 333€ |
| 2802 | Cousin's03208125 · Trade | <0.1% | 1,662€ | -98.7% | -11,830€ | -711.8% | 1 | 744€ |
| 2803 | Bezen Reklam Agency03248887 · Professional services | <0.1% | 1,658€ | -77.1% | -12,715€ | -766.9% | 1 | 928€ |
| 2804 | Jelgrad02086999 · Construction | <0.1% | 1,653€ | -64.8% | -18,381€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 2 | 675€ |
| 2805 | Miro Car03050386 · Administrative services | <0.1% | 1,653€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,424€ | -146.6% | 1 | 338€ |
| 2806 | Sau02756790 · Professional services | <0.1% | 1,650€ | -87.5% | -2,158€ | -130.8% | 1 | — |
| 2807 | Upravdom Montenegro03441474 · Real estate | <0.1% | 1,620€ | -28.0% | -23,823€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 990€ |
| 2808 | Alluform03626440 · Manufacturing | <0.1% | 1,618€ | -63.0% | -6,570€ | -406.1% | 1 | 675€ |
| 2809 | Digital Language Services03417085 · Trade | <0.1% | 1,614€ | -52.7% | -6,758€ | -418.7% | 1 | 678€ |
| 2810 | Passenger Technology03627233 · Technology | <0.1% | 1,613€ | No filing for 2024. | -6,940€ | -430.3% | 1 | 677€ |
| 2811 | Sinehus03308006 · Technology | <0.1% | 1,600€ | -92.0% | -12,878€ | -804.9% | 1 | 677€ |
| 2812 | Grand Memories03507505 · Trade | <0.1% | 1,579€ | +86.4% | -11,455€ | -725.5% | 2 | 425€ |
| 2813 | YLMZ Erbn03639410 · Hospitality | <0.1% | 1,560€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,992€ | -640.5% | 1 | 670€ |
| 2814 | Exploring Montenegro03750868 · Arts & entertainment | <0.1% | 1,550€ | No filing for 2024. | -3,361€ | -216.8% | 1 | 376€ |
| 2815 | Hair Mama03766764 · Personal services | <0.1% | 1,550€ | No filing for 2024. | -1,401€ | -90.4% | 1 | — |
| 2816 | Kamelia Body Spa03447120 · Personal services | <0.1% | 1,540€ | -60.1% | -6,672€ | -433.2% | 1 | 674€ |
| 2817 | Proconstruct Engineers03667839 · Construction | <0.1% | 1,540€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -7,585€ | -492.5% | 1 | 675€ |
| 2818 | Vilia Mne03482014 · Manufacturing | <0.1% | 1,538€ | -94.0% | -7,829€ | -509.0% | 1 | 678€ |
| 2819 | Nextrade03754570 · Trade | <0.1% | 1,532€ | No filing for 2024. | -1,215€ | -79.3% | 1 | — |
| 2820 | Mima & Mina02916487 · Trade | <0.1% | 1,530€ | -42.4% | -9,387€ | -613.5% | 1 | 670€ |
| 2821 | Deep of East03393348 · Transport & logistics | <0.1% | 1,525€ | -82.3% | -19,186€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 2 | 810€ |
| 2822 | Bonissa02794284 · Trade | <0.1% | 1,513€ | -73.5% | -14,172€ | -936.7% | 1 | 670€ |
| 2823 | Adventure-RC03482910 · Manufacturing | <0.1% | 1,500€ | -27.9% | -6,702€ | -446.8% | 1 | 675€ |
| 2824 | Avalon Cars03442349 · Administrative services | <0.1% | 1,500€ | -1.4% | -8,831€ | -588.7% | 1 | 670€ |
| 2825 | Connect Line03543447 · Construction | <0.1% | 1,500€ | +70.1% | -6,730€ | -448.7% | 1 | 677€ |
| 2826 | Iggdrasil03442748 · Transport & logistics | <0.1% | 1,500€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -13,953€ | -930.2% | 1 | 672€ |
| 2827 | Rescued Millstone03465934 · Construction | <0.1% | 1,500€ | -76.2% | -11,270€ | -751.3% | 1 | 916€ |
| 2828 | Maroje Travel02618796 · Transport & logistics | <0.1% | 1,500€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,562€ | -170.8% | 1 | 338€ |
| 2829 | Go-Com03155242 · Administrative services | <0.1% | 1,500€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -3,607€ | -240.5% | 1 | — |
| 2830 | Kemnova03447324 · Technology | <0.1% | 1,500€ | +114.3% | -9,151€ | -610.1% | 1 | 789€ |
| 2831 | Marina Vitality Club03014835 · Trade | <0.1% | 1,500€ | +30.5% | -1,428€ | -95.2% | 1 | — |
| 2832 | Green Gold Estate02871149 · Real estate | <0.1% | 1,488€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -14,022€ | -942.3% | 1 | 678€ |
| 2833 | Litzor03728277 · Technology | <0.1% | 1,446€ | No filing for 2024. | -9,731€ | -673.0% | 1 | 563€ |
| 2834 | Sharp 2402401762 · Energy, water & waste | <0.1% | 1,446€ | +776.4% | -20,440€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 3 | 587€ |
| 2835 | Drift BY Cimi03757471 · Administrative services | <0.1% | 1,433€ | No filing for 2024. | -5,148€ | -359.2% | 1 | 424€ |
| 2836 | Midday World03577228 · Education | <0.1% | 1,425€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,278€ | -580.9% | 1 | 674€ |
| 2837 | Inform-Technology03601277 · Technology | <0.1% | 1,400€ | +62.8% | -6,821€ | -487.2% | 1 | 677€ |
| 2838 | Perekhod03379604 · Arts & entertainment | <0.1% | 1,400€ | +100.0% | -9,850€ | -703.6% | 1 | 926€ |
| 2839 | SJR3 Chalets03633420 · Hospitality | <0.1% | 1,400€ | +8,135.3% | -86,100€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 352€ |
| 2840 | K&S03040933 · Trade | <0.1% | 1,393€ | +20.9% | -5,175€ | -371.5% | 1 | 338€ |
| 2841 | V.D. Stil02430096 · Trade | <0.1% | 1,388€ | -27.9% | -4,850€ | -349.4% | 1 | 424€ |
| 2842 | Anee Group03101037 · Professional services | <0.1% | 1,384€ | -92.3% | -37,737€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 323€ |
| 2843 | Upgrade03516881 · Technology | <0.1% | 1,370€ | -33.3% | -9,977€ | -728.2% | 1 | 922€ |
| 2844 | M.I.C.E. Bridge03173755 · Administrative services | <0.1% | 1,350€ | -7.5% | -7,070€ | -523.7% | 1 | 677€ |
| 2845 | Lusso03242200 · Trade | <0.1% | 1,330€ | +343.3% | -31,873€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 2 | 608€ |
| 2846 | Phoenix Healing03685713 · Personal services | <0.1% | 1,325€ | No filing for 2024. | -7,850€ | -592.5% | 1 | 707€ |
| 2847 | Effective Consulting03450694 · Trade | <0.1% | 1,312€ | -75.2% | -7,960€ | -606.7% | 1 | 678€ |
| 2848 | Virtu Consulting03218562 · Professional services | <0.1% | 1,310€ | -86.3% | -10,402€ | -794.0% | 1 | 928€ |
| 2849 | MDS Adria Mne03410790 · Administrative services | <0.1% | 1,308€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -10,247€ | -783.4% | 0 | — |
| 2850 | Policom03444864 · Professional services | <0.1% | 1,305€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,651€ | -662.9% | 1 | 674€ |