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 3151–3200 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* |
|---|
| 3151 | Ariarosso03476588 · Real estate | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,969€ | — | 1 | 926€ |
| 3152 | Arkas Company Mne03454789 · Construction | 0.0% | 0€ | -100.0% | -11,225€ | — | 1 | 675€ |
| 3153 | Ark Investment03313395 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -5,928€ | — | 1 | 452€ |
| 3154 | Armas03287904 · Hospitality | 0.0% | 0€ | -100.0% | -9,723€ | — | 1 | 630€ |
| 3155 | Arnica-Mne03523209 · Manufacturing | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,139€ | — | 1 | 675€ |
| 3156 | Aronia Food Agriculture and Tourism Company03616428 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,094€ | — | 1 | 925€ |
| 3157 | Ars Group Logistic03408990 · Transport & logistics | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,139€ | — | 1 | 678€ |
| 3158 | Art Budva03491943 · Manufacturing | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,278€ | — | 1 | 679€ |
| 3159 | Arteda02715716 · Professional services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,123€ | — | 1 | 675€ |
| 3160 | Artedas02959739 · Professional services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,123€ | — | 1 | 675€ |
| 3161 | Arteria03747301 · Arts & entertainment | 0.0% | 0€ | No filing for 2024. | -4,279€ | — | 1 | 357€ |
| 3162 | Artfello03654664 · Administrative services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,235€ | — | 1 | 678€ |
| 3163 | Art Investments Limited03540553 · Professional services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,188€ | — | 1 | 678€ |
| 3164 | Arya Monte Company03709752 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -90,408€ | — | 3 | 1,567€ |
| 3165 | Ary Yildirim Investment03609812 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,139€ | — | 1 | 675€ |
| 3166 | Asaia Jasmine's Investment and Trade Company03692604 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,123€ | — | 1 | 677€ |
| 3167 | Asden Group03531520 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -12,255€ | — | 1 | 928€ |
| 3168 | Askar-Transport03588203 · Transport & logistics | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -13,118€ | — | 1 | 1,082€ |
| 3169 | Asm Oniz Montenegro03475727 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,114€ | — | 1 | 676€ |
| 3170 | Aso Company03345637 · Administrative services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,802€ | — | 1 | 676€ |
| 3171 | Assa Travel03748324 · Hospitality | 0.0% | 0€ | No filing for 2024. | -9,495€ | — | 1 | 788€ |
| 3172 | Assos03170594 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -13,001€ | — | 1 | 929€ |
| 3173 | Asteria Construction Yachting SRL03433714 · Transport & logistics | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,087€ | — | 1 | 924€ |
| 3174 | Astor03165981 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -24,968€ | — | 1 | 422€ |
| 3175 | Asyay Machinery03616231 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,179€ | — | 1 | 678€ |
| 3176 | Ata Aviation03755584 · Trade | 0.0% | 0€ | No filing for 2024. | -2,651€ | — | 1 | — |
| 3177 | Ataser03161625 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 0€ | — | — | — |
| 3178 | Ataseven03251969 · Personal services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,210€ | — | 1 | 678€ |
| 3179 | Ates Montenegro03502058 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,143€ | — | 1 | 670€ |
| 3180 | Ates Organization03621995 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,925€ | — | 1 | 678€ |
| 3181 | Atiba Company03754731 · Administrative services | 0.0% | 0€ | No filing for 2024. | -779€ | — | 1 | — |
| 3182 | Atlantis Consulting03321673 · Administrative services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -16,499€ | — | 1 | 1,352€ |
| 3183 | Aty Domestic03467279 · Transport & logistics | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,526€ | — | 1 | 678€ |
| 3184 | Aurnia02849461 · Administrative services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -5,087€ | — | 1 | 339€ |
| 3185 | Avemaris Trade and Shipping03565955 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -15,715€ | — | 2 | 651€ |
| 3186 | Avgust02992981 · Real estate | 0.0% | 0€ | -100.0% | -20,900€ | — | 1 | — |
| 3187 | Avn Tech03565513 · Manufacturing | 0.0% | 0€ | -100.0% | -8,147€ | — | 1 | 675€ |
| 3188 | Avrora Dream03683893 · Real estate | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 0€ | — | — | — |
| 3189 | Awic03395073 · Personal services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,284€ | — | 1 | 675€ |
| 3190 | Axessworks03258572 · Professional services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,160€ | — | 1 | 677€ |
| 3191 | Aytekin Company Mne03770834 · Hospitality | 0.0% | 0€ | No filing for 2024. | -554€ | — | 2 | — |
| 3192 | Azel Monte03713377 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,030€ | — | 1 | 336€ |
| 3193 | Azka03140482 · Real estate | 0.0% | 0€ | -100.0% | -14,241€ | — | 1 | 928€ |
| 3194 | Baby Spa Bu203729915 · Personal services | 0.0% | 0€ | No filing for 2024. | -4,191€ | — | 1 | 300€ |
| 3195 | Baco LLC03345700 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 0€ | — | — | — |
| 3196 | Baike Company03782468 · Professional services | 0.0% | 0€ | No filing for 2024. | -185€ | — | 1 | — |
| 3197 | Baker Street03541339 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,204€ | — | 1 | 678€ |
| 3198 | Balak International Trading03639304 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,241€ | — | 1 | 928€ |
| 3199 | Balfora03755959 · Professional services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,748€ | — | 1 | 394€ |
| 3200 | Balkanski Lukobran03374041 · Trade | 0.0% | 0€ | -100.0% | -13,766€ | — | 1 | 928€ |