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 351–400 of 775
* 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* |
|---|
| 351 | Artkenig03566609 · Construction | <0.1% | 5,170€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -5,429€ | -105.0% | 1 | 821€ |
| 352 | S.K.I. Monte03525970 · Construction | <0.1% | 5,167€ | -95.7% | -6,967€ | -134.8% | 1 | 805€ |
| 353 | Park Plaza03532984 · Construction | <0.1% | 5,015€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -164,656€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 2 | 357€ |
| 354 | Seafront Investments03338096 · Construction | <0.1% | 4,465€ | +101.9% | 2,657€ | 59.5% | 1 | — |
| 355 | B2 Elektro03309541 · Construction | <0.1% | 4,132€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -3,990€ | -96.6% | 1 | 677€ |
| 356 | Jovo Stone Gradnja03490351 · Construction | <0.1% | 4,132€ | -72.2% | -2,572€ | -62.2% | 1 | 338€ |
| 357 | Efendioglu Excavation and Construction03698157 · Construction | <0.1% | 4,035€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -44,843€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 610€ |
| 358 | Bluesky Partners03667375 · Construction | <0.1% | 3,923€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -12,685€ | -323.3% | 1 | 314€ |
| 359 | Molot.Ok03494896 · Construction | <0.1% | 3,800€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -5,675€ | -149.3% | 1 | 677€ |
| 360 | Novinvest02675773 · Construction | <0.1% | 3,753€ | -44.5% | -132,557€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 1,031€ |
| 361 | First Capital03281299 · Construction | <0.1% | 3,170€ | +118.6% | -8,257€ | -260.5% | 1 | 926€ |
| 362 | MJ Budva03736415 · Construction | <0.1% | 3,143€ | No filing for 2024. | -3,757€ | -119.5% | 1 | 524€ |
| 363 | Vims Co03315495 · Construction | <0.1% | 3,000€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,667€ | -322.2% | 1 | 926€ |
| 364 | FBY Construction03353982 · Construction | <0.1% | 3,000€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -10,061€ | -335.4% | 1 | 574€ |
| 365 | Baytech Design & Build03675467 · Construction | <0.1% | 2,649€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,773€ | -368.9% | 1 | 924€ |
| 366 | Velora03727475 · Construction | <0.1% | 2,400€ | No filing for 2024. | -4,445€ | -185.2% | 1 | 563€ |
| 367 | Iriss Jew03549437 · Construction | <0.1% | 2,195€ | +683.9% | -111,319€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 994€ |
| 368 | Labmakers03505138 · Construction | <0.1% | 2,080€ | -82.1% | -14,479€ | -696.1% | 2 | 675€ |
| 369 | More Mont02623072 · Construction | <0.1% | 1,992€ | -76.6% | -8,433€ | -423.3% | 1 | 674€ |
| 370 | Kum Invest02638045 · Construction | <0.1% | 1,817€ | +373.2% | -8,157€ | -448.9% | 2 | 383€ |
| 371 | Budva Projects 01-A02885492 · Construction | <0.1% | 1,692€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -3,550€ | -209.8% | 1 | — |
| 372 | Jelgrad02086999 · Construction | <0.1% | 1,653€ | -64.8% | -18,381€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 2 | 675€ |
| 373 | Proconstruct Engineers03667839 · Construction | <0.1% | 1,540€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -7,585€ | -492.5% | 1 | 675€ |
| 374 | Connect Line03543447 · Construction | <0.1% | 1,500€ | +70.1% | -6,730€ | -448.7% | 1 | 677€ |
| 375 | Rescued Millstone03465934 · Construction | <0.1% | 1,500€ | -76.2% | -11,270€ | -751.3% | 1 | 916€ |
| 376 | Kamen Pišta03301338 · Construction | <0.1% | 1,250€ | -80.8% | -8,540€ | -683.2% | 1 | 670€ |
| 377 | Arthas03510425 · Construction | <0.1% | 1,100€ | -80.6% | -8,024€ | -729.5% | 1 | 682€ |
| 378 | Raffas03086364 · Construction | <0.1% | 1,100€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -7,081€ | -643.7% | 1 | 676€ |
| 379 | Milenko-Vod03796647 · Construction | <0.1% | 1,000€ | No filing for 2024. | 33€ | 3.3% | 1 | — |
| 380 | MP Profi Line03148483 · Construction | <0.1% | 979€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -7,285€ | -744.1% | 1 | 678€ |
| 381 | Deki - MK03122816 · Construction | <0.1% | 890€ | -88.5% | -7,740€ | -869.7% | 1 | 677€ |
| 382 | Tokariev.Pro03397769 · Construction | <0.1% | 850€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -16,158€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 1,327€ |
| 383 | Construction Team03696057 · Construction | <0.1% | 800€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -19,622€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 2 | 695€ |
| 384 | Mandir02447533 · Construction | <0.1% | 544€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -37,982€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 5 | 635€ |
| 385 | Rugino03212416 · Construction | <0.1% | 450€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -20,245€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 2 | 801€ |
| 386 | Vuletic Company As03747859 · Construction | <0.1% | 450€ | No filing for 2024. | -4,060€ | -902.2% | 1 | 357€ |
| 387 | Arkhe03400328 · Construction | <0.1% | 400€ | -90.7% | -10,949€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 678€ |
| 388 | Green Land Rezevici03151425 · Construction | <0.1% | 371€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -10,055€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 678€ |
| 389 | Budva Projects 01-C03269388 · Construction | <0.1% | 288€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -6,770€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 451€ |
| 390 | Inventa02639416 · Construction | <0.1% | 243€ | -99.6% | -9,618€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 339€ |
| 391 | Adriabaltic03697894 · Construction | <0.1% | 149€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,590€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 675€ |
| 392 | Bonita Invest02859777 · Construction | <0.1% | 114€ | +58.3% | -33,030€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 929€ |
| 393 | Rusatoll02643952 · Construction | <0.1% | 58€ | -99.3% | -10,203€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 681€ |
| 394 | Microtechnical Electronic03299562 · Construction | <0.1% | 23€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,013€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | — |
| 395 | Kale Contractor Company03257568 · Construction | <0.1% | 22€ | No filing for 2024. | -2,014€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 0 | — |
| 396 | Best Montenegro Investment02465043 · Construction | <0.1% | 22€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -15,975€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 675€ |
| 397 | Černogor - Stroj02622327 · Construction | <0.1% | 6€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -12,471€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 675€ |
| 398 | Kota Negro03530205 · Construction | <0.1% | 5€ | +150.0% | -33,657€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 678€ |
| 399 | Deal Construction03625338 · Construction | <0.1% | 3€ | -100.0% | -11,960€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 755€ |
| 400 | G.F.M.03733050 · Construction | <0.1% | 1€ | No filing for 2024. | -5,072€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 394€ |