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 4201–4250 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* |
|---|
| 4201 | Nesli & Berkes03587703 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,143€ | — | 1 | 670€ |
| 4202 | New Alternative03511600 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,036€ | — | 1 | — |
| 4203 | New Life Consulting03175804 · Professional services | 0.0% | 0€ | -100.0% | 0€ | — | — | — |
| 4204 | New World Montenegro 20-2403679004 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,123€ | — | 1 | 677€ |
| 4205 | Next Wave Global03776140 · Hospitality | 0.0% | 0€ | No filing for 2024. | -4,092€ | — | 1 | 319€ |
| 4206 | Next Web Systems03716767 · Technology | 0.0% | 0€ | No filing for 2024. | -8,496€ | — | 1 | 634€ |
| 4207 | Nexum03542661 · Technology | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -6,813€ | — | 1 | 564€ |
| 4208 | Nida Group Montenegro03789632 · Hospitality | 0.0% | 0€ | No filing for 2024. | -1,564€ | — | 1 | — |
| 4209 | Nikaspace03787150 · Personal services | 0.0% | 0€ | No filing for 2024. | -2,677€ | — | 1 | — |
| 4210 | Nikishin & K03609596 · Arts & entertainment | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,164€ | — | 1 | 675€ |
| 4211 | Nikmar Trade03517969 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,036€ | — | 1 | — |
| 4212 | Niovi Medical03655768 · Professional services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,149€ | — | 1 | 679€ |
| 4213 | Nizami03512592 · Professional services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,243€ | — | 1 | 678€ |
| 4214 | NK Montenegro03490149 · Professional services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -6,834€ | — | 1 | 470€ |
| 4215 | Noctua Dev03778169 · Technology | 0.0% | 0€ | No filing for 2024. | -2,949€ | — | 0 | — |
| 4216 | Nodtech03467660 · Technology | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,982€ | — | 1 | 677€ |
| 4217 | Nomia Montenegro03731685 · Professional services | 0.0% | 0€ | No filing for 2024. | -1€ | — | 0 | — |
| 4218 | Norm Dentalia03572790 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,035€ | — | 1 | — |
| 4219 | Norstandart03741621 · Construction | 0.0% | 0€ | No filing for 2024. | -34,276€ | — | 1 | 765€ |
| 4220 | North 99903607666 · Manufacturing | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,143€ | — | 1 | 670€ |
| 4221 | Northhill03251870 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,036€ | — | 1 | — |
| 4222 | Northlight Ventures Invest Group03747522 · Construction | 0.0% | 0€ | No filing for 2024. | -5,945€ | — | 1 | 495€ |
| 4223 | Northshield Construction03279855 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,088€ | — | 1 | — |
| 4224 | Northstar Construction03796809 · Construction | 0.0% | 0€ | No filing for 2024. | -826€ | — | 0 | — |
| 4225 | Northstar Network03785459 · Administrative services | 0.0% | 0€ | No filing for 2024. | -306€ | — | 0 | — |
| 4226 | Notarius MB02446049 · Real estate | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -29,516€ | — | 2 | 804€ |
| 4227 | Novalet03425355 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,211€ | — | 1 | 675€ |
| 4228 | Nova Monte03788946 · Hospitality | 0.0% | 0€ | No filing for 2024. | -2,377€ | — | 1 | — |
| 4229 | Novate03540600 · Professional services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,181€ | — | 1 | 677€ |
| 4230 | NP Solutions03457206 · Technology | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,067€ | — | 1 | — |
| 4231 | NSC Monte03447626 · Technology | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,960€ | — | 1 | 677€ |
| 4232 | NSP Auto03502457 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,100€ | — | 1 | 675€ |
| 4233 | Nuin03405028 · Professional services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,853€ | — | 1 | 667€ |
| 4234 | N&Z Group03222586 · Professional services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,196€ | — | 1 | 922€ |
| 4235 | Oak Leaf Transport03508200 · Transport & logistics | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -14,646€ | — | 1 | 1,061€ |
| 4236 | Olive Technic03625311 · Technology | 0.0% | 0€ | -100.0% | -9,657€ | — | 3 | — |
| 4237 | Olympos Group Montenegro03730409 · Trade | 0.0% | 0€ | No filing for 2024. | -6,721€ | — | 1 | 560€ |
| 4238 | Om Digital03783715 · Professional services | 0.0% | 0€ | No filing for 2024. | -1,731€ | — | 1 | — |
| 4239 | Onari Insaat Sanayi Tasimacilik Ve Ticaret Limited Sirketi03410161 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,087€ | — | 1 | 924€ |
| 4240 | Onat Company03540715 · Professional services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,682€ | — | 1 | 735€ |
| 4241 | Onder Tour03489744 · Professional services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,534€ | — | 1 | 378€ |
| 4242 | One Adriatic03683524 · Real estate | 0.0% | 0€ | No filing for 2024. | -5,661€ | — | 1 | 472€ |
| 4243 | Oner Group Mne03671780 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,100€ | — | 1 | 675€ |
| 4244 | Oneway03326985 · Transport & logistics | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -12,506€ | — | 1 | 928€ |
| 4245 | Optikant03452786 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -6,075€ | — | 1 | 506€ |
| 4246 | Optimizam Mne03625877 · Administrative services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,101€ | — | 1 | 675€ |
| 4247 | Orca Investment03612813 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,143€ | — | 1 | 670€ |
| 4248 | Orc Construction03287394 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,139€ | — | 1 | 675€ |
| 4249 | Oreginonal Group03401162 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,204€ | — | 1 | 928€ |
| 4250 | Orel Market03578968 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -7,425€ | — | 1 | 619€ |