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 3451–3500 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* |
|---|
| 3451 | Arlana03229742 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -12,416€ | — | 1 | 928€ |
| 3452 | Arnaz03238083 · Personal services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,858€ | — | 1 | 977€ |
| 3453 | Arni - Choo03395375 · Personal services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,036€ | — | 1 | — |
| 3454 | Aroz03593452 · Professional services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -3,713€ | — | 1 | 309€ |
| 3455 | Arr Group03644332 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -6,750€ | — | 1 | 563€ |
| 3456 | Arsenal Mne03487814 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -18,095€ | — | 2 | 733€ |
| 3457 | Arsuga03512550 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,274€ | — | 1 | 922€ |
| 3458 | Arsvidens03599248 · Technology | 0.0% | 0€ | -100.0% | -12,252€ | — | 1 | 937€ |
| 3459 | Artemida03471934 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -7,842€ | — | 1 | 677€ |
| 3460 | Artmonte Lab03567133 · Personal services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,143€ | — | 1 | 670€ |
| 3461 | Art Production Group03726339 · Arts & entertainment | 0.0% | 0€ | No filing for 2024. | -7,138€ | — | 1 | 557€ |
| 3462 | Art Studio Traditions of Times03763935 · Professional services | 0.0% | 0€ | No filing for 2024. | -3,758€ | — | 1 | 301€ |
| 3463 | Asb Group03655164 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -14,448€ | — | 2 | 597€ |
| 3464 | Asd-Mont03773442 · Construction | 0.0% | 0€ | No filing for 2024. | -2€ | — | 1 | — |
| 3465 | Asg03293548 · Administrative services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,153€ | — | 1 | 675€ |
| 3466 | Ashkin Estate Montenegro03500519 · Real estate | 0.0% | 0€ | -100.0% | -12,134€ | — | 1 | 927€ |
| 3467 | Asko - Invest02742659 · Real estate | 0.0% | 0€ | -100.0% | -69,793€ | — | 1 | 924€ |
| 3468 | Aspera Tourism and Sports03546837 · Arts & entertainment | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,100€ | — | 1 | 675€ |
| 3469 | Aspo03547612 · Professional services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,402€ | — | 1 | 916€ |
| 3470 | Asr Mne03630234 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -12,318€ | — | 1 | 904€ |
| 3471 | Asru03783405 · Personal services | 0.0% | 0€ | No filing for 2024. | -1,350€ | — | 1 | — |
| 3472 | A-Star Tel03414655 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,474€ | — | 1 | 918€ |
| 3473 | Astrela03597679 · Real estate | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,092€ | — | 1 | 678€ |
| 3474 | Atakama03336395 · Technology | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -12,066€ | — | 1 | 916€ |
| 3475 | Atena Consultancy and Trade03265781 · Professional services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,020€ | — | 1 | 335€ |
| 3476 | Athena-Owl03152081 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,691€ | — | 1 | 720€ |
| 3477 | A Travel FLY-Venus Travel03298493 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,046€ | — | 1 | — |
| 3478 | Atrushkevic Digital Solution03483428 · Administrative services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -12,112€ | — | 1 | 916€ |
| 3479 | Aumsoft03770451 · Technology | 0.0% | 0€ | No filing for 2024. | -3,085€ | — | 1 | — |
| 3480 | Aura Plants & Stones03553132 · Trade | 0.0% | 0€ | -100.0% | -8,880€ | — | 1 | 675€ |
| 3481 | Auto Fix Otomotiv03202615 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,153€ | — | 1 | 335€ |
| 3482 | Auto Montenegro03386112 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,675€ | — | 1 | 677€ |
| 3483 | Auto Servis Monte03618064 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,139€ | — | 1 | 675€ |
| 3484 | Avalon SKY03441377 · Professional services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,924€ | — | 1 | 926€ |
| 3485 | Avangard Andrianova03456331 · Technology | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,619€ | — | 1 | 670€ |
| 3486 | Av Family03723542 · Trade | 0.0% | 0€ | No filing for 2024. | -7,150€ | — | 1 | 588€ |
| 3487 | Avs Services LTD03277313 · Professional services | 0.0% | 0€ | -100.0% | -9,742€ | — | 1 | 676€ |
| 3488 | Axis Nova03734684 · Professional services | 0.0% | 0€ | No filing for 2024. | -4,262€ | — | 1 | 313€ |
| 3489 | Ayan Oto Elektrik03562816 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,559€ | — | 1 | 678€ |
| 3490 | Ayaz Group Investment03159507 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,410€ | — | 1 | — |
| 3491 | Aylil Pharm R&D03699846 · Professional services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -12,657€ | — | 1 | 929€ |
| 3492 | Ayon Technology03232298 · Technology | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,196€ | — | 1 | 922€ |
| 3493 | A.Y.T. Consulting03287416 · Administrative services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,199€ | — | 1 | 675€ |
| 3494 | Azem Consulting03233669 · Professional services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,158€ | — | 1 | 676€ |
| 3495 | Azinfo Group03236153 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,066€ | — | 1 | — |
| 3496 | B2B TM03505685 · Administrative services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -22,631€ | — | 2 | 928€ |
| 3497 | Baday03223370 · Professional services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,986€ | — | 1 | 922€ |
| 3498 | Baffet03528537 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,036€ | — | 1 | — |
| 3499 | Baikal Siberia03467791 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -33,783€ | — | 4 | 678€ |
| 3500 | Bairam and Ivanov Consulting03685241 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,090€ | — | 1 | 670€ |