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 251–300 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* |
|---|
| 251 | Atlas Company03214699 · Trade | <0.1% | 30,381€ | -9.7% | -3,826€ | -12.6% | 3 | 627€ |
| 252 | Tara Retreats03652050 · Trade | <0.1% | 29,900€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 2,172€ | 7.3% | 1 | 2,074€ |
| 253 | Euromax Group03608026 · Trade | <0.1% | 29,730€ | +66.5% | 15,590€ | 52.4% | 1 | 926€ |
| 254 | Bulla Montenegro03561852 · Trade | <0.1% | 29,006€ | +109.6% | -27,057€ | -93.3% | 1 | 1,716€ |
| 255 | Alkriligo Company03248941 · Trade | <0.1% | 28,756€ | +1.9% | -6,948€ | -24.2% | 2 | 1,103€ |
| 256 | Valeola03634329 · Trade | <0.1% | 28,544€ | +3,415.3% | 13,650€ | 47.8% | 1 | 677€ |
| 257 | Seluzare03343383 · Trade | <0.1% | 28,206€ | -30.5% | -17,593€ | -62.4% | 3 | 738€ |
| 258 | So Local Culture Trade Company03754120 · Trade | <0.1% | 28,166€ | No filing for 2024. | 4,640€ | 16.5% | 4 | — |
| 259 | Interior Solutions Balkans03394905 · Trade | <0.1% | 27,269€ | +9.4% | 2,571€ | 9.4% | 1 | 333€ |
| 260 | Tref Plus03068714 · Trade | <0.1% | 26,932€ | +4.5% | -10,653€ | -39.6% | 2 | 781€ |
| 261 | Cloud 1003384039 · Trade | <0.1% | 26,903€ | +28.5% | 1,401€ | 5.2% | 1 | 678€ |
| 262 | Min Clothing03750825 · Trade | <0.1% | 26,839€ | No filing for 2024. | 8,748€ | 32.6% | 1 | 409€ |
| 263 | K-Tech03179362 · Trade | <0.1% | 26,652€ | +1.7% | -2,536€ | -9.5% | 1 | 619€ |
| 264 | Socrates 7703473767 · Trade | <0.1% | 25,373€ | -21.1% | -995€ | -3.9% | 3 | 460€ |
| 265 | Finish Line03657825 · Trade | <0.1% | 25,202€ | +33.6% | -4,383€ | -17.4% | 2 | 587€ |
| 266 | Moebius03358887 · Trade | <0.1% | 24,838€ | +76.3% | -3,531€ | -14.2% | 1 | 2,248€ |
| 267 | Bel Company03514153 · Trade | <0.1% | 24,644€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -16,954€ | -68.8% | 1 | 1,090€ |
| 268 | Jadranski Labud03297977 · Trade | <0.1% | 24,201€ | -12.8% | -5,629€ | -23.3% | 1 | 675€ |
| 269 | Emilia03355136 · Trade | <0.1% | 24,080€ | +42.3% | 3,792€ | 15.7% | 1 | 897€ |
| 270 | Sookast03485587 · Trade | <0.1% | 23,970€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 6,339€ | 26.4% | 2 | 680€ |
| 271 | J - M02468786 · Trade | <0.1% | 23,868€ | -4.6% | -6,732€ | -28.2% | 1 | 674€ |
| 272 | Terra Investments03217272 · Trade | <0.1% | 23,810€ | -71.4% | -23,440€ | -98.4% | 1 | 920€ |
| 273 | Green Group03393437 · Trade | <0.1% | 23,292€ | -18.4% | -26,173€ | -112.4% | 2 | 623€ |
| 274 | Betajib03429261 · Trade | <0.1% | 23,070€ | +1,438.0% | -1,160€ | -5.0% | 2 | 959€ |
| 275 | KLN Textile03284930 · Trade | <0.1% | 22,868€ | -65.5% | 11,544€ | 50.5% | 1 | 820€ |
| 276 | Bogush03221628 · Trade | <0.1% | 22,401€ | +1.2% | -255€ | -1.1% | 1 | 670€ |
| 277 | Shakti Ma03159264 · Trade | <0.1% | 22,357€ | +373.7% | -377€ | -1.7% | 1 | 679€ |
| 278 | Miss E MR Frog02923998 · Trade | <0.1% | 22,249€ | +18.3% | 3,726€ | 16.7% | 1 | 731€ |
| 279 | Sea of Spa03473872 · Trade | <0.1% | 22,080€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 13,908€ | 63.0% | 1 | 680€ |
| 280 | Market Čedo03411958 · Trade | <0.1% | 22,041€ | -7.1% | 10,082€ | 45.7% | 1 | 771€ |
| 281 | Romanovs03492010 · Trade | <0.1% | 21,915€ | +187.6% | 1,685€ | 7.7% | 2 | 802€ |
| 282 | Harper Store03223728 · Trade | <0.1% | 21,892€ | -26.5% | 790€ | 3.6% | 1 | 962€ |
| 283 | It Com02817586 · Trade | <0.1% | 21,731€ | -50.1% | -3,263€ | -15.0% | 1 | 339€ |
| 284 | Notun Corporation03627799 · Trade | <0.1% | 21,700€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 5,813€ | 26.8% | 2 | 662€ |
| 285 | Tom Works03240916 · Trade | <0.1% | 21,237€ | +1,401.9% | 12,783€ | 60.2% | 1 | 679€ |
| 286 | Notus Corporation03503755 · Trade | <0.1% | 21,000€ | +90.9% | 7,439€ | 35.4% | 1 | 928€ |
| 287 | Morely03549640 · Trade | <0.1% | 20,984€ | +200.8% | -21,569€ | -102.8% | 1 | 1,682€ |
| 288 | Stedaco03674371 · Trade | <0.1% | 20,601€ | +168.8% | -2,057€ | -10.0% | 1 | — |
| 289 | Globalno Trgovanje03490734 · Trade | <0.1% | 20,000€ | +33.3% | -1,143€ | -5.7% | 2 | 799€ |
| 290 | Bonaka03045528 · Trade | <0.1% | 19,974€ | +24.0% | -13,236€ | -66.3% | 1 | 1,357€ |
| 291 | Happy Art Studio03289982 · Trade | <0.1% | 19,762€ | +16.5% | -2,966€ | -15.0% | 1 | 1,260€ |
| 292 | Bedone Solutions03492532 · Trade | <0.1% | 19,700€ | +1,973.7% | -1,324€ | -6.7% | 2 | 821€ |
| 293 | Asti-Shu03481123 · Trade | <0.1% | 19,596€ | +55.5% | -3,141€ | -16.0% | 2 | 681€ |
| 294 | Sondetta03483819 · Trade | <0.1% | 19,157€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,951€ | -15.4% | 1 | 677€ |
| 295 | Caner Arikan Export-Import03558100 · Trade | <0.1% | 19,149€ | +27.7% | -6,245€ | -32.6% | 1 | 677€ |
| 296 | Angel Stone03650626 · Trade | <0.1% | 18,961€ | +27.1% | -5,164€ | -27.2% | 1 | 1,148€ |
| 297 | Vision +02816237 · Trade | <0.1% | 18,683€ | -10.2% | 619€ | 3.3% | 1 | 958€ |
| 298 | Optički Studio Miljković03265820 · Trade | <0.1% | 18,550€ | +7.1% | -405€ | -2.2% | 1 | 928€ |
| 299 | Nave03064166 · Trade | <0.1% | 18,370€ | -81.1% | -78,336€ | -426.4% | 1 | — |
| 300 | Naše Zdravlje03478564 · Trade | <0.1% | 18,250€ | +225.7% | -18,476€ | -101.2% | 4 | 730€ |