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 4801–4850 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* |
|---|
| 4801 | Alseir Properties02748550 · Real estate | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -37,059€ | — | 3 | 591€ |
| 4802 | Korda02725045 · Administrative services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,070€ | — | 1 | 339€ |
| 4803 | Marko Company02371871 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,265€ | — | 1 | 679€ |
| 4804 | Sparta02744341 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -17,247€ | — | 1 | 339€ |
| 4805 | Fešn Haus 201002773821 · Real estate | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -23,204€ | — | 2 | 501€ |
| 4806 | Apus03432203 · Real estate | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -6,133€ | — | 1 | 339€ |
| 4807 | Monte Hospitality03575551 · Hospitality | 0.0% | 0€ | -100.0% | -4,933€ | — | 2 | — |
| 4808 | Adriatic Resort03148823 · Professional services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,020€ | — | 1 | 677€ |
| 4809 | Arkon Estate Mont03185591 · Real estate | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -39,056€ | — | 3 | 621€ |
| 4810 | All Time Event03200841 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,690€ | — | 1 | 677€ |
| 4811 | Aquamarine Montenegro03136566 · Trade | 0.0% | 0€ | -100.0% | 0€ | — | — | — |
| 4812 | Bestdeal&W03348474 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,404€ | — | 1 | 677€ |
| 4813 | Dream House Development Montenegro02763729 · Real estate | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -1€ | — | 1 | — |
| 4814 | Itc03011445 · Technology | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -17,618€ | — | 1 | 1,329€ |
| 4815 | Luckies03063232 · Professional services | 0.0% | 0€ | -100.0% | -8,389€ | — | 1 | 677€ |
| 4816 | Marishal03058433 · Real estate | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,223€ | — | 1 | 339€ |
| 4817 | Montecoast03059294 · Technology | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -12,910€ | — | 1 | 926€ |
| 4818 | Montedento03160483 · Professional services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,088€ | — | 1 | 339€ |
| 4819 | Tisaje Curved Glass Sales03376095 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,225€ | — | 1 | 677€ |
| 4820 | W&B Monte Group03315169 · Administrative services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,836€ | — | 1 | — |
| 4821 | Fedorenko02986639 · Professional services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,249€ | — | 1 | 339€ |
| 4822 | Romanoff02622459 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -22,476€ | — | 3 | 624€ |
| 4823 | Traveler03184692 · Real estate | 0.0% | 0€ | -100.0% | -8,165€ | — | 1 | 675€ |
| 4824 | L.P.P. Capital02445069 · Real estate | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -12,038€ | — | 1 | 721€ |
| 4825 | Aka Travel03211789 · Professional services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -3,960€ | — | 1 | 330€ |
| 4826 | Cantoni Investment and Trade Company03212912 · Professional services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2€ | — | 1 | — |
| 4827 | Ensa Construction03211827 · Professional services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -3,760€ | — | 1 | 313€ |
| 4828 | Heka Real Estate and Construction Company03212980 · Professional services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -3,760€ | — | 1 | 313€ |
| 4829 | Ersoy03393771 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -1,695€ | — | 1 | — |
| 4830 | Nuka Home Montenegro03439836 · Trade | 0.0% | 0€ | -100.0% | -1,007€ | — | — | — |
| 4831 | Process Sound and Light03205096 · Professional services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,020€ | — | 1 | 335€ |
| 4832 | Virtue Engineering & Consulting03212009 · Professional services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,040€ | — | 1 | 670€ |
| 4833 | Gloline03181740 · Professional services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,171€ | — | 1 | 338€ |
| 4834 | Tugraandtaha03583414 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 0€ | — | — | — |
| 4835 | 55 North03583783 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 0€ | — | — | — |
| 4836 | Janat03228100 · Trade | 0.0% | 0€ | -100.0% | -14,729€ | — | 2 | 610€ |
| 4837 | Monteway03532496 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,271€ | — | 1 | 928€ |
| 4838 | Topflor-Invest02464489 · Construction | 0.0% | 0€ | -100.0% | 0€ | — | — | — |
| 4839 | Wealthy Group02664135 · Administrative services | 0.0% | 0€ | -100.0% | -2,893€ | — | 1 | — |
| 4840 | Montesibinvest02631431 · Real estate | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,368€ | — | 1 | 674€ |
| 4841 | Montenegro Vision02620901 · Real estate | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -10,350€ | — | 1 | 676€ |
| 4842 | Ideal Development02653630 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -36,544€ | — | 1 | 1,474€ |
| 4843 | Oxal Company02617692 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,025€ | — | 1 | — |
| 4844 | Galeo02447304 · Real estate | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,035€ | — | 1 | — |
| 4845 | Group Tour02405768 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -35,462€ | — | 2 | 510€ |
| 4846 | Blitz02635640 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,143€ | — | 1 | 674€ |
| 4847 | BKN Company03452972 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,171€ | — | 1 | 677€ |
| 4848 | Black Groupp03587622 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -12,242€ | — | 1 | 927€ |
| 4849 | City Service Plus03492346 · Administrative services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,802€ | — | 1 | 670€ |
| 4850 | Clonex03419312 · Personal services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,137€ | — | 1 | 676€ |