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 2951–3000 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* |
|---|
| 2951 | Facesfilm03439178 · Professional services | <0.1% | 500€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,573€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 739€ |
| 2952 | Svediman03526771 · Professional services | <0.1% | 500€ | -85.6% | -7,844€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 670€ |
| 2953 | Task Group03489205 · Real estate | <0.1% | 500€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -7,906€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 676€ |
| 2954 | Trešnja Mne03412199 · Professional services | <0.1% | 500€ | -66.4% | -10,631€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 922€ |
| 2955 | Montenegro Anželik02877406 · Trade | <0.1% | 500€ | 0.0% | -3,578€ | -715.6% | 1 | 339€ |
| 2956 | Cooling and Heating02973065 · Hospitality | <0.1% | 496€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -13,691€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 929€ |
| 2957 | Solveig02789655 · Agriculture | <0.1% | 496€ | +1,109.8% | -1,624€ | -327.4% | 1 | — |
| 2958 | Clarity Minds03700313 · Professional services | <0.1% | 450€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -7,825€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 679€ |
| 2959 | Iprint & Idesign03484688 · Professional services | <0.1% | 450€ | -54.3% | -10,802€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 927€ |
| 2960 | Kapilogos02944120 · Professional services | <0.1% | 450€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -3,979€ | -884.2% | 1 | 339€ |
| 2961 | Rugino03212416 · Construction | <0.1% | 450€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -20,245€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 2 | 801€ |
| 2962 | Inka Beauty03665640 · Professional services | <0.1% | 450€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,176€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 677€ |
| 2963 | Vuletic Company As03747859 · Construction | <0.1% | 450€ | No filing for 2024. | -4,060€ | -902.2% | 1 | 357€ |
| 2964 | Premier Car03467635 · Administrative services | <0.1% | 442€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -19,845€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 867€ |
| 2965 | Pro-Aqua Montenegro02423022 · Hospitality | <0.1% | 441€ | -99.9% | -14,867€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 2 | 456€ |
| 2966 | Cvijović Limited Društvo za Proizvodnju, Promet i Usluge Export-Import03424359 · Hospitality | <0.1% | 437€ | -98.5% | -4,181€ | -956.8% | 1 | — |
| 2967 | Bijela Dača03572099 · Agriculture | <0.1% | 430€ | -66.0% | -9,604€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 675€ |
| 2968 | Balkanski Putnik03244792 · Professional services | <0.1% | 420€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -10,790€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 920€ |
| 2969 | Knowcoding03725871 · Technology | <0.1% | 404€ | No filing for 2024. | -9,958€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 794€ |
| 2970 | Inteladria03383237 · Trade | <0.1% | 403€ | -93.5% | -17,740€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 2 | 662€ |
| 2971 | Arel Tourism Trade03264653 · Hospitality | <0.1% | 402€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -1,634€ | -406.5% | 1 | — |
| 2972 | Arkhe03400328 · Construction | <0.1% | 400€ | -90.7% | -10,949€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 678€ |
| 2973 | Suite 38202923068 · Trade | <0.1% | 392€ | -82.7% | -11,673€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 0 | — |
| 2974 | Green Land Rezevici03151425 · Construction | <0.1% | 371€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -10,055€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 678€ |
| 2975 | Brzulović03088316 · Hospitality | <0.1% | 363€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,730€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 670€ |
| 2976 | Centelux - Montenegro02427893 · Hospitality | <0.1% | 350€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -16,628€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 677€ |
| 2977 | Nacobarko03447499 · Professional services | <0.1% | 350€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -10,303€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 677€ |
| 2978 | Tagstyle03602087 · Personal services | <0.1% | 350€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -7,944€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 674€ |
| 2979 | Andreev's Art School03585018 · Education | <0.1% | 320€ | -89.1% | -11,816€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 926€ |
| 2980 | Fireprotection Montenegro03388166 · Arts & entertainment | <0.1% | 315€ | -89.7% | -8,146€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 677€ |
| 2981 | TDC Real Estate03244571 · Real estate | <0.1% | 305€ | -99.3% | -8,455€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 619€ |
| 2982 | Great Montenegro03202283 · Professional services | <0.1% | 300€ | -89.4% | -8,821€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 676€ |
| 2983 | Native Web03372472 · Technology | <0.1% | 300€ | -84.6% | -8,717€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 670€ |
| 2984 | Nova United03749223 · Personal services | <0.1% | 300€ | No filing for 2024. | -6,083€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 456€ |
| 2985 | Sotek03340937 · Trade | <0.1% | 300€ | -75.0% | -9,644€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 2 | 372€ |
| 2986 | Budva Projects 01-C03269388 · Construction | <0.1% | 288€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -6,770€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 451€ |
| 2987 | Caelus Mne03431002 · Technology | <0.1% | 273€ | -94.3% | -7,885€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 670€ |
| 2988 | F Corporation02766167 · Hospitality | <0.1% | 272€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -70,943€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 509€ |
| 2989 | Dream House Club03611485 · Hospitality | <0.1% | 269€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -15,933€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 2 | 675€ |
| 2990 | Nadem03040771 · Trade | <0.1% | 257€ | -93.6% | -3,142€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | — |
| 2991 | Europe - Travel02055775 · Hospitality | <0.1% | 247€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -21,349€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 1,085€ |
| 2992 | Emg Consult02965445 · Professional services | <0.1% | 243€ | -97.2% | -12,476€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 916€ |
| 2993 | Inventa02639416 · Construction | <0.1% | 243€ | -99.6% | -9,618€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 339€ |
| 2994 | Sunsay Monte03409759 · Technology | <0.1% | 243€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,716€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 916€ |
| 2995 | E.G. Isra03381510 · Personal services | <0.1% | 240€ | -96.9% | -10,500€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 675€ |
| 2996 | Ramila03129519 · Trade | <0.1% | 220€ | +21,900.0% | -13,161€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 928€ |
| 2997 | Hanimaga03428125 · Trade | <0.1% | 215€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -7,928€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 670€ |
| 2998 | D&D Kardesler03519066 · Hospitality | <0.1% | 200€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -14,487€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 1,082€ |
| 2999 | Marixperience03373134 · Professional services | <0.1% | 200€ | -98.3% | -2,071€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | — |
| 3000 | Max It03427358 · Technology | <0.1% | 200€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,900€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 926€ |