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 3901–3950 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* |
|---|
| 3901 | Imagination03498620 · Professional services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,909€ | — | 1 | 677€ |
| 3902 | Imaginative03760472 · Professional services | 0.0% | 0€ | No filing for 2024. | -6,717€ | — | 1 | 467€ |
| 3903 | Imladris03306313 · Professional services | 0.0% | 0€ | -100.0% | -8,215€ | — | 1 | 675€ |
| 3904 | Indian Food03502465 · Agriculture | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,035€ | — | 1 | — |
| 3905 | Inffront03446697 · Technology | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,931€ | — | 1 | 916€ |
| 3906 | In Geo Com03517152 · Professional services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,867€ | — | 1 | 927€ |
| 3907 | In - Gradnja02908000 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 0€ | — | — | — |
| 3908 | Inits03505839 · Trade | 0.0% | 0€ | -100.0% | 0€ | — | — | — |
| 3909 | Inkorsa03467597 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -12,233€ | — | 1 | 916€ |
| 3910 | Inova Tourism Services03352889 · Administrative services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,203€ | — | 1 | 675€ |
| 3911 | Integrated Services For Tourism03021882 · Administrative services | 0.0% | 0€ | -100.0% | -27,336€ | — | 1 | 677€ |
| 3912 | Intellibrium03693392 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 0€ | — | — | — |
| 3913 | Intelligent Solutions03480267 · Arts & entertainment | 0.0% | 0€ | -100.0% | -11,931€ | — | 1 | 916€ |
| 3914 | Inter Ami03775313 · Hospitality | 0.0% | 0€ | No filing for 2024. | -2,904€ | — | 1 | — |
| 3915 | Interior Fire03412466 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,139€ | — | 1 | 675€ |
| 3916 | Interkomerc03174689 · Manufacturing | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -7,723€ | — | 1 | 644€ |
| 3917 | Internacional Budva03001474 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,139€ | — | 1 | 678€ |
| 3918 | International Documenting System03464938 · Professional services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,228€ | — | 1 | 670€ |
| 3919 | Interprofsportcamp03689271 · Trade | 0.0% | 0€ | No filing for 2024. | -5,138€ | — | 0 | — |
| 3920 | Intersay Consulting03231461 · Professional services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,116€ | — | 1 | 676€ |
| 3921 | Intomonte03556158 · Professional services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,570€ | — | 1 | 677€ |
| 3922 | Investment Group Balkan03249107 · Professional services | 0.0% | 0€ | -100.0% | -21,938€ | — | 1 | 1,341€ |
| 3923 | Invision03560538 · Technology | 0.0% | 0€ | -100.0% | 0€ | — | — | — |
| 3924 | Iqchess03336557 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,036€ | — | 1 | — |
| 3925 | Ir & Co International03235173 · Professional services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -3,760€ | — | 1 | 313€ |
| 3926 | Isik Montenegro03492222 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,036€ | — | 1 | — |
| 3927 | Ismi Landlords Montenegro03466400 · Real estate | 0.0% | 0€ | No filing for 2024. | -3,840€ | — | 1 | 318€ |
| 3928 | Istbasket Mne03339785 · Arts & entertainment | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,036€ | — | 1 | — |
| 3929 | It Business Solutions03499391 · Technology | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -14,885€ | — | 1 | 1,224€ |
| 3930 | Iterum Group03703355 · Professional services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,106€ | — | 1 | — |
| 3931 | It-Staffed03474020 · Administrative services | 0.0% | 0€ | -100.0% | -11,700€ | — | 1 | 926€ |
| 3932 | It Workshop03711803 · Technology | 0.0% | 0€ | No filing for 2024. | -9,156€ | — | 1 | 671€ |
| 3933 | Iurlov&Co03588319 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,143€ | — | 1 | 670€ |
| 3934 | Detel Co02343347 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -1€ | — | 1 | — |
| 3935 | Iva Laptop Servis03554414 · Personal services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -23,701€ | — | 3 | 657€ |
| 3936 | Ivanov Consulting03698599 · Technology | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -12,220€ | — | 1 | 927€ |
| 3937 | Iware Company03727122 · Trade | 0.0% | 0€ | No filing for 2024. | -6,605€ | — | 1 | 506€ |
| 3938 | Jadran Group02753979 · Arts & entertainment | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,213€ | — | 1 | 929€ |
| 3939 | Jadran Hotels03323366 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -6,164€ | — | 1 | 338€ |
| 3940 | Jan Cicconi03497089 · Professional services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,036€ | — | 1 | — |
| 3941 | Jelko Group03217639 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,359€ | — | 1 | 677€ |
| 3942 | Jeri&Co03578976 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,036€ | — | 1 | — |
| 3943 | Jet Flight Charter03401006 · Administrative services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,071€ | — | 1 | 335€ |
| 3944 | Johansson Holmer Holding Montenegro03316700 · Real estate | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,088€ | — | 1 | — |
| 3945 | Johny BY Good03175162 · Construction | 0.0% | 0€ | -100.0% | -8,171€ | — | 1 | 675€ |
| 3946 | Jovan Consulting03700933 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -26,186€ | — | 1 | 676€ |
| 3947 | Joysthokkins03473171 · Arts & entertainment | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,322€ | — | 1 | 677€ |
| 3948 | Jugotron03377016 · Technology | 0.0% | 0€ | -100.0% | -8,195€ | — | 1 | 670€ |
| 3949 | Julion Group03766870 · Hospitality | 0.0% | 0€ | No filing for 2024. | -4,498€ | — | 1 | 373€ |
| 3950 | Julmedia03800598 · Arts & entertainment | 0.0% | 0€ | No filing for 2024. | -436€ | — | 1 | — |