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 3201–3250 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* |
|---|
| 3201 | Balkan Travel MK03650430 · Technology | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,890€ | — | 1 | 670€ |
| 3202 | Bana Maintenance03795721 · Real estate | 0.0% | 0€ | No filing for 2024. | -212€ | — | 1 | — |
| 3203 | Banu June03542319 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -10,642€ | — | 1 | 678€ |
| 3204 | Banuzal03377873 · Administrative services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,128€ | — | 1 | 922€ |
| 3205 | Barchetta03132013 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,070€ | — | 1 | 338€ |
| 3206 | Baris Mne03347699 · Personal services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,289€ | — | 1 | 675€ |
| 3207 | Barka Group03764303 · Trade | 0.0% | 0€ | No filing for 2024. | -3,737€ | — | 1 | — |
| 3208 | Batu03257185 · Professional services | 0.0% | 0€ | -100.0% | -8,184€ | — | 1 | 678€ |
| 3209 | Baturglobal03757412 · Trade | 0.0% | 0€ | No filing for 2024. | -3,884€ | — | 1 | 324€ |
| 3210 | Bau Gruppe03487539 · Real estate | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,274€ | — | 1 | 451€ |
| 3211 | Bayraktargroup-Mne03573818 · Real estate | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,883€ | — | 1 | — |
| 3212 | BC Construction03216071 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 0€ | — | — | — |
| 3213 | BDF Group03393984 · Construction | 0.0% | 0€ | -100.0% | -16,225€ | — | 1 | 818€ |
| 3214 | Bead Trade03615545 · Trade | 0.0% | 0€ | No filing for 2024. | -4,624€ | — | 1 | 385€ |
| 3215 | Beautiful Moments Montenegro03752968 · Administrative services | 0.0% | 0€ | No filing for 2024. | -8,180€ | — | 1 | 645€ |
| 3216 | Beauty Nancy03298515 · Personal services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,469€ | — | 1 | 678€ |
| 3217 | Beetech03640680 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,145€ | — | 1 | 676€ |
| 3218 | Bela Krila03793877 · Education | 0.0% | 0€ | No filing for 2024. | -478€ | — | 1 | — |
| 3219 | Bella Vita Mne03609138 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,139€ | — | 1 | 675€ |
| 3220 | Bengisu Group Company03724662 · Hospitality | 0.0% | 0€ | No filing for 2024. | -4,577€ | — | 0 | — |
| 3221 | Berberoglu Construction03622371 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -109,003€ | — | 1 | 1,073€ |
| 3222 | Berkdem03710092 · Technology | 0.0% | 0€ | No filing for 2024. | -6,712€ | — | 1 | 557€ |
| 3223 | Berke Turizam03716287 · Hospitality | 0.0% | 0€ | No filing for 2024. | -11,993€ | — | 1 | 928€ |
| 3224 | Besco03460819 · Administrative services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -20,542€ | — | 1 | 678€ |
| 3225 | Beste Cinar03529410 · Administrative services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -17,555€ | — | 2 | 678€ |
| 3226 | Beyuha03330672 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -6,970€ | — | 1 | 338€ |
| 3227 | Bio Consultancy03400999 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 0€ | — | — | — |
| 3228 | Bi Profesional03747212 · Trade | 0.0% | 0€ | No filing for 2024. | -1,932€ | — | 1 | — |
| 3229 | Bir'iz Group Company03732991 · Hospitality | 0.0% | 0€ | No filing for 2024. | -6,019€ | — | 0 | — |
| 3230 | Bir-Ol World03723984 · Hospitality | 0.0% | 0€ | No filing for 2024. | -6,844€ | — | 1 | 570€ |
| 3231 | Bkcmon Group03706885 · Trade | 0.0% | 0€ | No filing for 2024. | -6,413€ | — | 1 | 534€ |
| 3232 | BK Consalting03119530 · Professional services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -678€ | — | 1 | — |
| 3233 | BK Invest03320332 · Construction | 0.0% | 0€ | -100.0% | 0€ | — | — | — |
| 3234 | Black Eagle Group Company03810178 · Hospitality | 0.0% | 0€ | No filing for 2024. | -1€ | — | 1 | — |
| 3235 | Black Engineering03525007 · Professional services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,101€ | — | 1 | 675€ |
| 3236 | Blackhan Consulting03216209 · Professional services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 0€ | — | — | — |
| 3237 | Blackiron Group03262405 · Real estate | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,276€ | — | 1 | 677€ |
| 3238 | BLNT-Insaat03587339 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,139€ | — | 1 | 675€ |
| 3239 | Bluefy Digital03396037 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,165€ | — | 1 | 674€ |
| 3240 | Bluemder Group03535452 · Real estate | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -7,944€ | — | 1 | 565€ |
| 3241 | Bluemoon Company03451984 · Trade | 0.0% | 0€ | -100.0% | -8,139€ | — | 1 | 675€ |
| 3242 | Blue SKY Trading03550109 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,083€ | — | 1 | 851€ |
| 3243 | BM Development03645002 · Construction | 0.0% | 0€ | -100.0% | -399,812€ | — | 1 | 678€ |
| 3244 | BMR Information Technologies03452573 · Technology | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -15,469€ | — | 1 | 675€ |
| 3245 | Boka Holdings03738108 · Professional services | 0.0% | 0€ | No filing for 2024. | -3,508€ | — | 1 | — |
| 3246 | Bomtuning03509516 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,116€ | — | 1 | 676€ |
| 3247 | Boralefa03613127 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,123€ | — | 1 | 677€ |
| 3248 | Borins03743772 · Administrative services | 0.0% | 0€ | No filing for 2024. | -9,395€ | — | 0 | — |
| 3249 | Bornivo Aviation03548333 · Manufacturing | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,690€ | — | 1 | 928€ |
| 3250 | Bosmuju03736822 · Hospitality | 0.0% | 0€ | No filing for 2024. | -22,452€ | — | 1 | 1,027€ |