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 1,051
* 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 | Artpreo03709809 · Trade | <0.1% | 5,452€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -6,341€ | -116.3% | 1 | 796€ |
| 402 | Eliso Mne03511782 · Trade | <0.1% | 5,400€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -3,571€ | -66.1% | 1 | 677€ |
| 403 | Ongur Auto03623483 · Trade | <0.1% | 5,400€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,754€ | -51.0% | 1 | 675€ |
| 404 | Olmark02399920 · Trade | <0.1% | 5,139€ | -89.5% | -20,478€ | -398.5% | 1 | 833€ |
| 405 | Maya Denge Group03525503 · Trade | <0.1% | 5,000€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -6,747€ | -134.9% | 1 | 678€ |
| 406 | Šumet03128440 · Trade | <0.1% | 4,826€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -3,464€ | -71.8% | 1 | 688€ |
| 407 | Ruž02190028 · Trade | <0.1% | 4,651€ | -35.8% | -53,298€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 2 | 933€ |
| 408 | Niki Flowers03589340 · Trade | <0.1% | 4,600€ | +265.1% | -9,084€ | -197.5% | 1 | 1,061€ |
| 409 | Time Marine02887703 · Trade | <0.1% | 4,494€ | +1.8% | -74,522€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 2 | 681€ |
| 410 | Rochelle03093140 · Trade | <0.1% | 4,475€ | -84.5% | -4,255€ | -95.1% | 1 | 670€ |
| 411 | Drama DM03132285 · Trade | <0.1% | 4,441€ | +48.1% | -4,157€ | -93.6% | 1 | 677€ |
| 412 | Perušinović Company02875713 · Trade | <0.1% | 4,428€ | -56.6% | 655€ | 14.8% | 1 | — |
| 413 | Bohemian Zone03519546 · Trade | <0.1% | 4,053€ | -41.3% | -18,468€ | -455.7% | 1 | 1,756€ |
| 414 | Biancolino03796744 · Trade | <0.1% | 3,928€ | No filing for 2024. | -1,656€ | -42.2% | 2 | — |
| 415 | Avinew03507050 · Trade | <0.1% | 3,900€ | +56.0% | -5,716€ | -146.6% | 1 | 677€ |
| 416 | Cassalux03726053 · Trade | <0.1% | 3,871€ | No filing for 2024. | -7,396€ | -191.1% | 2 | 319€ |
| 417 | Askania03241840 · Trade | <0.1% | 3,747€ | +106.9% | -6,590€ | -175.9% | 1 | 683€ |
| 418 | Filato03528944 · Trade | <0.1% | 3,600€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,648€ | -240.2% | 1 | 924€ |
| 419 | K&M Group03673227 · Trade | <0.1% | 3,580€ | +477.4% | -4,458€ | -124.5% | 3 | — |
| 420 | DM Medical & Beauty03227634 · Trade | <0.1% | 3,297€ | -83.2% | -4,763€ | -144.5% | 1 | 567€ |
| 421 | Alins Products03584852 · Trade | <0.1% | 3,228€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 144€ | 4.5% | 1 | — |
| 422 | Motoexpert03452662 · Trade | <0.1% | 3,100€ | -65.0% | -13,029€ | -420.3% | 2 | 650€ |
| 423 | Pavetrany Šar03683672 · Trade | <0.1% | 3,055€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -10,307€ | -337.4% | 1 | 678€ |
| 424 | TSM-Mne03489892 · Trade | <0.1% | 3,038€ | +79.8% | -17,748€ | -584.2% | 2 | 803€ |
| 425 | Gentle Help03501078 · Trade | <0.1% | 3,000€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,435€ | -147.8% | 1 | 488€ |
| 426 | Swiss Concept Sciences02947625 · Trade | <0.1% | 3,000€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -5,203€ | -173.4% | 1 | 675€ |
| 427 | Gus-Tim Trade03646670 · Trade | <0.1% | 2,980€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -6,083€ | -204.1% | 1 | 670€ |
| 428 | Sonder03544958 · Trade | <0.1% | 2,800€ | +460.0% | -8,850€ | -316.1% | 1 | 926€ |
| 429 | Jazavac Mining Trade Company03401669 · Trade | <0.1% | 2,610€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -12,366€ | -473.8% | 1 | 706€ |
| 430 | Vučko Mne03747581 · Trade | <0.1% | 2,504€ | No filing for 2024. | -1,623€ | -64.8% | 1 | — |
| 431 | Hopespring03399362 · Trade | <0.1% | 2,500€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -5,928€ | -237.1% | 1 | 678€ |
| 432 | Vip-Services Montenegro03122727 · Trade | <0.1% | 2,374€ | -8.8% | -4,165€ | -175.4% | 1 | 477€ |
| 433 | DVN Factorial03339947 · Trade | <0.1% | 2,364€ | -33.0% | -23,248€ | -983.4% | 1 | 1,685€ |
| 434 | Bookburger03518671 · Trade | <0.1% | 2,362€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -6,554€ | -277.5% | 1 | 678€ |
| 435 | Sunčica Av03561488 · Trade | <0.1% | 2,344€ | -30.4% | -8,507€ | -362.9% | 1 | 675€ |
| 436 | Paskevich03490211 · Trade | <0.1% | 2,336€ | -98.4% | 0€ | 0.0% | 1 | — |
| 437 | Ignatovo03522580 · Trade | <0.1% | 2,333€ | +626.8% | -9,086€ | -389.5% | 1 | 685€ |
| 438 | Fivamont03326659 · Trade | <0.1% | 2,278€ | -4.6% | -2,472€ | -108.5% | 1 | 337€ |
| 439 | Photodep Art03491617 · Trade | <0.1% | 2,140€ | +24.6% | -17,940€ | -838.3% | 1 | 1,056€ |
| 440 | Big Secret03427226 · Trade | <0.1% | 2,000€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,821€ | -491.1% | 1 | 898€ |
| 441 | Locust03580580 · Trade | <0.1% | 2,000€ | +13,233.3% | -10,385€ | -519.3% | 1 | 922€ |
| 442 | Tafiana Company03382630 · Trade | <0.1% | 2,000€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -876€ | -43.8% | 1 | — |
| 443 | Protectmi Montenegro03691217 · Trade | <0.1% | 2,000€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -7,447€ | -372.4% | 1 | 753€ |
| 444 | Cavalletta03495302 · Trade | <0.1% | 1,860€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -12,036€ | -647.1% | 1 | 677€ |
| 445 | Cargo Partners03693406 · Trade | <0.1% | 1,839€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -7,577€ | -412.0% | 1 | 678€ |
| 446 | Silk Road Trading03186636 · Trade | <0.1% | 1,800€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,563€ | -475.7% | 1 | 677€ |
| 447 | Consillium BP03181006 · Trade | <0.1% | 1,800€ | +23.1% | -346€ | -19.2% | 1 | — |
| 448 | Sozidatel03423948 · Trade | <0.1% | 1,788€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 1,694€ | 94.7% | 1 | — |
| 449 | Sarmat Commodity Trading03218376 · Trade | <0.1% | 1,759€ | -99.8% | -32,163€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 1,863€ |
| 450 | Falio Verso03460665 · Trade | <0.1% | 1,700€ | +448.4% | -7,154€ | -420.8% | 1 | 670€ |