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 401–450 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* |
|---|
| 401 | Mymond03710777 · Construction | <0.1% | 1€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -52,025€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 1,120€ |
| 402 | SBN Group03341836 · Construction | <0.1% | 1€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -3,712€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 309€ |
| 403 | Abk03798747 · Construction | 0.0% | 0€ | No filing for 2024. | -187€ | — | 1 | — |
| 404 | Adriatic Dreams02667916 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,123€ | — | 1 | 675€ |
| 405 | Aga Construction03355128 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,704€ | — | 1 | 678€ |
| 406 | Akropol Construction & Consultancy03740617 · Construction | 0.0% | 0€ | No filing for 2024. | -5,210€ | — | 1 | 434€ |
| 407 | Alart International CG02711036 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -27,079€ | — | 1 | 670€ |
| 408 | Alestamarin03624188 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,538€ | — | 1 | 703€ |
| 409 | Allamont02639009 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -33,542€ | — | 1 | — |
| 410 | All Investment02919087 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,099€ | — | 1 | 667€ |
| 411 | Altegra02454505 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,139€ | — | 1 | 678€ |
| 412 | A&M Inženjering03126340 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -22,890€ | — | 3 | 565€ |
| 413 | Anahit Company03547221 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,281€ | — | 1 | 675€ |
| 414 | Ararat Company03592995 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,551€ | — | 1 | 675€ |
| 415 | Ares Servis03359034 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -6,105€ | — | 3 | — |
| 416 | Arhad Construction03621006 · Construction | 0.0% | 0€ | No filing for 2024. | -6,473€ | — | 1 | 503€ |
| 417 | Arkas Company Mne03454789 · Construction | 0.0% | 0€ | -100.0% | -11,225€ | — | 1 | 675€ |
| 418 | Ark Investment03313395 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -5,928€ | — | 1 | 452€ |
| 419 | Ates Montenegro03502058 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,143€ | — | 1 | 670€ |
| 420 | Baco LLC03345700 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 0€ | — | — | — |
| 421 | BC Construction03216071 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 0€ | — | — | — |
| 422 | BDF Group03393984 · Construction | 0.0% | 0€ | -100.0% | -16,225€ | — | 1 | 818€ |
| 423 | Berberoglu Construction03622371 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -109,003€ | — | 1 | 1,073€ |
| 424 | Beyuha03330672 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -6,970€ | — | 1 | 338€ |
| 425 | BK Invest03320332 · Construction | 0.0% | 0€ | -100.0% | 0€ | — | — | — |
| 426 | BLNT-Insaat03587339 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,139€ | — | 1 | 675€ |
| 427 | BM Development03645002 · Construction | 0.0% | 0€ | -100.0% | -399,812€ | — | 1 | 678€ |
| 428 | Buildex03636763 · Construction | 0.0% | 0€ | -100.0% | -1€ | — | 1 | — |
| 429 | CDK-Group-Mne03722007 · Construction | 0.0% | 0€ | No filing for 2024. | -7,303€ | — | 1 | 609€ |
| 430 | Ceya Insaat Otomotiv03548376 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,035€ | — | 1 | — |
| 431 | Cityart Group Montenegro03402452 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,532€ | — | 0 | — |
| 432 | Comez Engineering Investment03600190 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,106€ | — | 1 | 676€ |
| 433 | Creator02959399 · Construction | 0.0% | 0€ | -100.0% | -9,102€ | — | 1 | 670€ |
| 434 | Cukorova Construction03625583 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,119€ | — | 1 | 677€ |
| 435 | Delpro Gradnja03311465 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 0€ | — | — | — |
| 436 | Deluxe Management03796159 · Construction | 0.0% | 0€ | No filing for 2024. | -2,503€ | — | — | — |
| 437 | Dobro03495876 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,265€ | — | 1 | 678€ |
| 438 | Ado Capital03634469 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,100€ | — | 1 | 675€ |
| 439 | Aegean Sun Montenegro03701646 · Construction | 0.0% | 0€ | No filing for 2024. | -6,826€ | — | 1 | 511€ |
| 440 | Afran Company03800962 · Construction | 0.0% | 0€ | No filing for 2024. | -682€ | — | 1 | — |
| 441 | Afse Group03647684 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,101€ | — | 1 | 675€ |
| 442 | Agam Sirketi03282309 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,162€ | — | 1 | 677€ |
| 443 | Akardag Balkan Horizons03798488 · Construction | 0.0% | 0€ | No filing for 2024. | -2,035€ | — | 1 | — |
| 444 | Akom Investment03782506 · Construction | 0.0% | 0€ | No filing for 2024. | -2,224€ | — | 1 | — |
| 445 | Alart Centar-Budva CG02789132 · Construction | 0.0% | 0€ | -100.0% | -114,333€ | — | 6 | 895€ |
| 446 | Alavista Capital03749657 · Construction | 0.0% | 0€ | No filing for 2024. | -4,260€ | — | 1 | 350€ |
| 447 | Albi A.A.A.03798062 · Construction | 0.0% | 0€ | No filing for 2024. | -2,253€ | — | 3 | — |
| 448 | Am Constructions03552829 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,036€ | — | 1 | — |
| 449 | Andsomi03306437 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,318€ | — | 1 | 926€ |
| 450 | Anova Resort03564088 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,036€ | — | 1 | — |