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 3551–3600 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* |
|---|
| 3551 | Boa Group03406695 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,165€ | — | 1 | 678€ |
| 3552 | Bobyrev Group03650502 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,993€ | — | 1 | 916€ |
| 3553 | Bono Computer03203115 · Technology | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,117€ | — | 1 | 676€ |
| 3554 | Boras03680312 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,112€ | — | 1 | 678€ |
| 3555 | Bosu03694542 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 0€ | — | — | — |
| 3556 | B&P03104150 · Education | 0.0% | 0€ | -100.0% | -8,729€ | — | 1 | 701€ |
| 3557 | Brams.Photo03542211 · Professional services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -13,295€ | — | 2 | 554€ |
| 3558 | Brand House Consulting03411346 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,291€ | — | 1 | 678€ |
| 3559 | Branica Holiday Resort02442230 · Real estate | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -152,046€ | — | 1 | — |
| 3560 | Brigantine Management03289818 · Professional services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,088€ | — | 1 | 924€ |
| 3561 | Bruek03283437 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -14,379€ | — | 2 | 573€ |
| 3562 | Bte Company03523349 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -3,375€ | — | 1 | — |
| 3563 | Buca03611612 · Professional services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -108,337€ | — | 1 | 8,828€ |
| 3564 | Budsa Construction & Consulting03212840 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -1,867€ | — | 1 | — |
| 3565 | Budva M Apartments03268080 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -15,304€ | — | 2 | 630€ |
| 3566 | Buklikov Company03517756 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -12,112€ | — | 1 | 916€ |
| 3567 | Bural Group03668169 · Technology | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,808€ | — | 1 | 670€ |
| 3568 | BVP Consultancy03261620 · Professional services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,178€ | — | 1 | 677€ |
| 3569 | Bylas Consultance Motenegro02695405 · Real estate | 0.0% | 0€ | -100.0% | -29,004€ | — | 1 | 827€ |
| 3570 | BY Mustafa Organization03743365 · Administrative services | 0.0% | 0€ | No filing for 2024. | -9,788€ | — | 2 | — |
| 3571 | Caced Company03444996 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -5,846€ | — | 1 | 487€ |
| 3572 | Calypso Consultancy03654001 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -276€ | — | 1 | — |
| 3573 | Canagro Tarim03643654 · Agriculture | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,001€ | — | 1 | 670€ |
| 3574 | Candybike03494187 · Administrative services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,996€ | — | 1 | 677€ |
| 3575 | Cano Mne03509052 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,100€ | — | 1 | 675€ |
| 3576 | Cansak03184285 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,139€ | — | 1 | 678€ |
| 3577 | Cardak Otomotiv03694518 · Administrative services | 0.0% | 0€ | No filing for 2024. | -7,622€ | — | 0 | — |
| 3578 | Čar Impgx03793320 · Construction | 0.0% | 0€ | No filing for 2024. | -1,969€ | — | 1 | — |
| 3579 | Carservis03542190 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,143€ | — | 1 | 670€ |
| 3580 | Car Travel03060292 · Transport & logistics | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -5,025€ | — | 1 | — |
| 3581 | Casa Comercial La Esperanza03546276 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,364€ | — | 1 | 926€ |
| 3582 | Casa Mia02937506 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,815€ | — | 1 | 677€ |
| 3583 | Castletroy Mne03283739 · Trade | 0.0% | 0€ | -100.0% | -12,151€ | — | 1 | 924€ |
| 3584 | Caucasus Mne03344398 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,036€ | — | 1 | — |
| 3585 | Cav 22 It03515877 · Technology | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,966€ | — | 1 | 926€ |
| 3586 | CBR Limited Sirketi03280110 · Administrative services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,414€ | — | 1 | 676€ |
| 3587 | Cekim Group Montenegro03317935 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,139€ | — | 1 | 675€ |
| 3588 | Cengiz Tourism and Construction LTD03197611 · Administrative services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,905€ | — | 1 | 675€ |
| 3589 | Centar za Razvoj Infinnity 5D03291022 · Arts & entertainment | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,398€ | — | 1 | 677€ |
| 3590 | Ceramiqus03805328 · Construction | 0.0% | 0€ | No filing for 2024. | -38€ | — | 1 | — |
| 3591 | Certainly03635228 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,996€ | — | 1 | 916€ |
| 3592 | Ceteris Invest03723488 · Real estate | 0.0% | 0€ | No filing for 2024. | -6,806€ | — | 1 | 560€ |
| 3593 | Cete TC03300064 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,123€ | — | 1 | 677€ |
| 3594 | Charisma Construction03492699 · Professional services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 0€ | — | — | — |
| 3595 | Che One03499324 · Professional services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,759€ | — | 1 | 677€ |
| 3596 | Choban Communication03232689 · Professional services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,472€ | — | 1 | 924€ |
| 3597 | Cimpex.Mc03518272 · Construction | 0.0% | 0€ | -100.0% | -28,485€ | — | 4 | 591€ |
| 3598 | Cinucen03276244 · Personal services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,245€ | — | 1 | 922€ |
| 3599 | Citymaid03502422 · Administrative services | 0.0% | 0€ | -100.0% | -1,500€ | — | 2 | — |
| 3600 | Civitas Solis03416119 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -17,338€ | — | 1 | 1,071€ |