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 3051–3100 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* |
|---|
| 3051 | Qservice03522407 · Real estate | <0.1% | 4€ | 0.0% | -21,507€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 384€ |
| 3052 | Borus Company03287629 · Hospitality | <0.1% | 3€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,041€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | — |
| 3053 | Deal Construction03625338 · Construction | <0.1% | 3€ | -100.0% | -11,960€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 755€ |
| 3054 | Tica-Trade02207931 · Trade | <0.1% | 3€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,082€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 335€ |
| 3055 | Stablo02623340 · Real estate | <0.1% | 2€ | -100.0% | -15,976€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 338€ |
| 3056 | Addax02630753 · Real estate | <0.1% | 2€ | -100.0% | -40,931€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 709€ |
| 3057 | Agis - Montenegro02368137 · Trade | <0.1% | 2€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -15,150€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 677€ |
| 3058 | V.A.S. Invest02447711 · Real estate | <0.1% | 2€ | -100.0% | -190,438€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 3 | 590€ |
| 3059 | Accord02457229 · Professional services | <0.1% | 1€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -17,535€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 922€ |
| 3060 | Blizi Invest Company02445280 · Real estate | <0.1% | 1€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -18,990€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 621€ |
| 3061 | Bumerang Denetim03278212 · Professional services | <0.1% | 1€ | -98.9% | -8,336€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 675€ |
| 3062 | Ava Development03242811 · Real estate | <0.1% | 1€ | 0.0% | -168,521€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 1,002€ |
| 3063 | Furniture Yes03499235 · Trade | <0.1% | 1€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,145€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 670€ |
| 3064 | G.F.M.03733050 · Construction | <0.1% | 1€ | No filing for 2024. | -5,072€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 394€ |
| 3065 | Mazel Textile Limited Company03782085 · Trade | <0.1% | 1€ | No filing for 2024. | -2,699€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | — |
| 3066 | Ocean Trade03524272 · Hospitality | <0.1% | 1€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,900€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 728€ |
| 3067 | DSC Process03794156 · Manufacturing | <0.1% | 1€ | No filing for 2024. | -217€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | — |
| 3068 | Horizon Hills03768406 · Real estate | <0.1% | 1€ | No filing for 2024. | -14,339€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 643€ |
| 3069 | Mymond03710777 · Construction | <0.1% | 1€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -52,025€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 1,120€ |
| 3070 | Prolex-A03467341 · Professional services | <0.1% | 1€ | -100.0% | -8,840€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 675€ |
| 3071 | SBN Group03341836 · Construction | <0.1% | 1€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -3,712€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 309€ |
| 3072 | Stone-Mne03392228 · Trade | <0.1% | 1€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,129€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 838€ |
| 3073 | S.U.N.-Mne-Company03386899 · Trade | <0.1% | 1€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -10,465€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 862€ |
| 3074 | T.G.C03339793 · Personal services | <0.1% | 1€ | -95.0% | -8,120€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 675€ |
| 3075 | Trocadero02427958 · Hospitality | <0.1% | 1€ | 0.0% | -8,689€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 674€ |
| 3076 | 2K-Tourism-Mne03781291 · Hospitality | 0.0% | 0€ | No filing for 2024. | -678€ | — | 1 | — |
| 3077 | 2Y Koncept03523438 · Manufacturing | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -1,637€ | — | — | — |
| 3078 | 3a1nil03668339 · Transport & logistics | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -10,756€ | — | 1 | 851€ |
| 3079 | 3MDRY Group03788032 · Administrative services | 0.0% | 0€ | No filing for 2024. | -1,969€ | — | 1 | — |
| 3080 | 6 Novembar02245370 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,141€ | — | 1 | 674€ |
| 3081 | 9034 Design03566994 · Manufacturing | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 0€ | — | — | — |
| 3082 | Abacus Automation Systems03584445 · Manufacturing | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,006€ | — | 1 | 670€ |
| 3083 | Abk03798747 · Construction | 0.0% | 0€ | No filing for 2024. | -187€ | — | 1 | — |
| 3084 | Abn Markets PTY03378896 · Technology | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 0€ | — | — | — |
| 3085 | Absolute World Montenegro03755525 · Professional services | 0.0% | 0€ | No filing for 2024. | -14,056€ | — | 2 | 579€ |
| 3086 | Accent Restaurant03751961 · Hospitality | 0.0% | 0€ | No filing for 2024. | -5,463€ | — | 1 | 454€ |
| 3087 | Adaga03599345 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,139€ | — | 1 | 675€ |
| 3088 | Adelaide - Montenegro02427885 · Hospitality | 0.0% | 0€ | -100.0% | -12,123€ | — | 1 | 677€ |
| 3089 | Adel Marine03718107 · Transport & logistics | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -5,161€ | — | 1 | 367€ |
| 3090 | Ademir03244946 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,011€ | — | 1 | 678€ |
| 3091 | Adeptio03803007 · Hospitality | 0.0% | 0€ | No filing for 2024. | -1,361€ | — | 0 | — |
| 3092 | Adls Era03791009 · Real estate | 0.0% | 0€ | No filing for 2024. | -2,080€ | — | 1 | — |
| 3093 | Adm Global Consultancy03681530 · Professional services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,073€ | — | 1 | 675€ |
| 3094 | Adria Cement03783324 · Trade | 0.0% | 0€ | No filing for 2024. | -18,730€ | — | 1 | — |
| 3095 | Adriatic Beach Solution03734382 · Administrative services | 0.0% | 0€ | No filing for 2024. | -6,848€ | — | 1 | 418€ |
| 3096 | Adriatic Dreams02667916 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,123€ | — | 1 | 675€ |
| 3097 | Adriatique Marine Company03459675 · Manufacturing | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -12,707€ | — | 1 | 927€ |
| 3098 | Advent Tree03451089 · Personal services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,908€ | — | 1 | 677€ |
| 3099 | Aekbro03669289 · Professional services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -12,037€ | — | 1 | 928€ |
| 3100 | Aga Construction03355128 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,704€ | — | 1 | 678€ |