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 3101–3150 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* |
|---|
| 3101 | Ahi Lova Peta03746119 · Trade | 0.0% | 0€ | No filing for 2024. | -4,816€ | — | 1 | 401€ |
| 3102 | Aitechnologies03406113 · Technology | 0.0% | 0€ | -100.0% | -12,100€ | — | 1 | 916€ |
| 3103 | Ajkon Invest03687406 · Real estate | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -5,125€ | — | 1 | — |
| 3104 | Akc Montenegro Group03683974 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -12,214€ | — | 1 | 1,013€ |
| 3105 | Akresia03667626 · Professional services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -13,482€ | — | 1 | 1,033€ |
| 3106 | Akropol Construction & Consultancy03740617 · Construction | 0.0% | 0€ | No filing for 2024. | -5,210€ | — | 1 | 434€ |
| 3107 | Akryazhev03482863 · Professional services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -12,591€ | — | 1 | 926€ |
| 3108 | Aksa Process & Plant Engeneering03572480 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,094€ | — | 1 | 925€ |
| 3109 | Alart International CG02711036 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -27,079€ | — | 1 | 670€ |
| 3110 | Albert & Abraham03617769 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,100€ | — | 1 | 675€ |
| 3111 | Alestamarin03624188 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,538€ | — | 1 | 703€ |
| 3112 | Alfa Industries03226727 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -12,892€ | — | 1 | 928€ |
| 3113 | Algorithm Me03508803 · Technology | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,123€ | — | 1 | 677€ |
| 3114 | Alisa Company03645541 · Personal services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 0€ | — | — | — |
| 3115 | Aliya Liberty Resort03417662 · Real estate | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,396€ | — | 1 | 500€ |
| 3116 | Alkilic03379973 · Agriculture | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,247€ | — | 1 | 678€ |
| 3117 | Allamont02639009 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -33,542€ | — | 1 | — |
| 3118 | Alliance Service03372120 · Administrative services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -12,730€ | — | 1 | 927€ |
| 3119 | All Investment02919087 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,099€ | — | 1 | 667€ |
| 3120 | Allright03505847 · Technology | 0.0% | 0€ | -100.0% | -8,191€ | — | 1 | 678€ |
| 3121 | Ally Expert Group03342000 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -10,054€ | — | 2 | 417€ |
| 3122 | Almeka Group03661865 · Agriculture | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,177€ | — | 1 | 678€ |
| 3123 | Al-Nahda LLC03581306 · Hospitality | 0.0% | 0€ | -100.0% | 0€ | — | — | — |
| 3124 | Alnaz Logistics02851261 · Transport & logistics | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,036€ | — | 1 | — |
| 3125 | Alnur Group03782026 · Administrative services | 0.0% | 0€ | No filing for 2024. | -2,339€ | — | 0 | — |
| 3126 | Alpha Systems03417522 · Technology | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -13,018€ | — | 1 | 916€ |
| 3127 | Alp Marine03594874 · Transport & logistics | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,778€ | — | 1 | 929€ |
| 3128 | Alse Consulting03363040 · Administrative services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -12,029€ | — | 1 | 844€ |
| 3129 | Altegra02454505 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,139€ | — | 1 | 678€ |
| 3130 | Altiora Travel03755053 · Administrative services | 0.0% | 0€ | No filing for 2024. | -8,316€ | — | 0 | — |
| 3131 | Amatec Company Mne03439089 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,920€ | — | 1 | 922€ |
| 3132 | A&M Inženjering03126340 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -22,890€ | — | 3 | 565€ |
| 3133 | Anagastum02960931 · Real estate | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -19,847€ | — | 2 | 767€ |
| 3134 | Anahit Company03547221 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,281€ | — | 1 | 675€ |
| 3135 | Anatolian Bridge03643913 · Personal services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,631€ | — | 1 | 676€ |
| 3136 | An Avia02785013 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -24,355€ | — | 1 | 1,338€ |
| 3137 | Andy Homes03236382 · Professional services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -15,979€ | — | 1 | 922€ |
| 3138 | A&N Eagle03752488 · Arts & entertainment | 0.0% | 0€ | No filing for 2024. | -8,534€ | — | 0 | — |
| 3139 | Angel Consulting Group03379370 · Professional services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -12,518€ | — | 1 | 945€ |
| 3140 | Antgames03768422 · Arts & entertainment | 0.0% | 0€ | No filing for 2024. | -18,766€ | — | 1 | 1,556€ |
| 3141 | Antic Art03791548 · Trade | 0.0% | 0€ | No filing for 2024. | -274€ | — | 0 | — |
| 3142 | Aquaride03771911 · Administrative services | 0.0% | 0€ | No filing for 2024. | -4,930€ | — | 0 | — |
| 3143 | Aquila Solutions03482294 · Technology | 0.0% | 0€ | -100.0% | -7,534€ | — | 1 | 619€ |
| 3144 | Arak Company03382397 · Real estate | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,374€ | — | 1 | 678€ |
| 3145 | Ararat Company03592995 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,551€ | — | 1 | 675€ |
| 3146 | Arc Trading03703100 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,101€ | — | 1 | 675€ |
| 3147 | Ares Servis03359034 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -6,105€ | — | 3 | — |
| 3148 | Arhad Construction03621006 · Construction | 0.0% | 0€ | No filing for 2024. | -6,473€ | — | 1 | 503€ |
| 3149 | Lysogor03509117 · Professional services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,073€ | — | 1 | — |
| 3150 | Arhitektur & Project Management02690489 · Professional services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -10,200€ | — | 1 | 345€ |