Revenue
4.1% of Montenegro's revenue
2,026 companies earned 720.39m€ in 2025, 4.1% of all company revenue in Montenegro. It ranks 5 of 25 municipalities by revenue. Revenue has grown 5.0× since 2015.
4.1% of Montenegro's revenue
124.0 per 1,000 residents · Montenegro 57.3
Largest employer: Adriatic Marinas (212)
Total profit: 28.96m€
Average per employee, not per company
Revenue in € million (bars) and filing companies (below), 2015–2025
| Year | Revenue | Companies |
|---|---|---|
| 2015 | 145,047,133€ | 701 |
| 2016 | 168,406,690€ | 724 |
| 2017 | 250,809,774€ | 814 |
| 2018 | 280,589,378€ | 995 |
| 2019 | 304,622,138€ | 1,113 |
| 2020 | 218,589,049€ | 1,230 |
| 2021 | 314,586,548€ | 1,346 |
| 2022 | 378,418,158€ | 1,640 |
| 2023 | 480,364,113€ | 1,861 |
| 2024 | 608,235,726€ | 1,966 |
| 2025 (Preliminary) | 720,385,269€ | 2,026 |
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 451–500 of 2,026
* 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* |
|---|
| 451 | Gorje02689863 · Professional services | <0.1% | 129,083€ | +17.0% | 14,875€ | 11.5% | 4 | 1,189€ |
| 452 | Ecostar Europe03255166 · Professional services | <0.1% | 128,874€ | +324.4% | 110,065€ | 85.4% | 1 | 677€ |
| 453 | Bovanelo03370437 · Trade | <0.1% | 128,504€ | +72.2% | 11,708€ | 9.1% | 3 | 648€ |
| 454 | Technomarine TM Group02946408 · Manufacturing | <0.1% | 128,413€ | -29.7% | -10,863€ | -8.5% | 3 | 1,353€ |
| 455 | Albina02390272 · Manufacturing | <0.1% | 128,246€ | -8.2% | -98,244€ | -76.6% | 8 | 658€ |
| 456 | First Investment Company03274896 · Construction | <0.1% | 127,827€ | +88.3% | -4,325,053€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | — |
| 457 | Mirna Robert Epidemiology03264998 · Professional services | <0.1% | 127,433€ | -23.8% | 67,366€ | 52.9% | 2 | 428€ |
| 458 | Hood Arch03613518 · Hospitality | <0.1% | 126,946€ | +30.6% | 4,487€ | 3.5% | 6 | 765€ |
| 459 | Family Petković03767477 · Hospitality | <0.1% | 126,406€ | No filing for 2024. | 88,270€ | 69.8% | 2 | — |
| 460 | Artkon03238920 · Professional services | <0.1% | 126,232€ | +71.8% | 23,042€ | 18.3% | 2 | 1,141€ |
| 461 | Graditelj - Vasilijević02782251 · Construction | <0.1% | 126,013€ | +30.4% | 24,166€ | 19.2% | 2 | 570€ |
| 462 | Black Cherry03202631 · Real estate | <0.1% | 125,895€ | +1.9% | -376€ | -0.3% | 1 | 880€ |
| 463 | Adria Bridge03358879 · Administrative services | <0.1% | 125,557€ | +68.0% | 55,478€ | 44.2% | 1 | 1,868€ |
| 464 | First AN&NI02353687 · Hospitality | <0.1% | 125,202€ | +0.4% | 4,164€ | 3.3% | 5 | 644€ |
| 465 | The Host03275442 · Professional services | <0.1% | 125,000€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 72,562€ | 58.0% | 1 | 3,203€ |
| 466 | Bunjaštuko03156834 · Construction | <0.1% | 124,934€ | -4.1% | 19,851€ | 15.9% | 3 | 894€ |
| 467 | MB Tivat02909278 · Transport & logistics | <0.1% | 124,449€ | -22.4% | -12,615€ | -10.1% | 8 | 718€ |
| 468 | Bogcomerc02299011 · Transport & logistics | <0.1% | 124,019€ | +15.7% | -14,974€ | -12.1% | 3 | 955€ |
| 469 | Zen Sadiki03310949 · Construction | <0.1% | 123,907€ | +508.8% | 17,703€ | 14.3% | 5 | 660€ |
| 470 | Bhe Nautical Nexus03662101 · Professional services | <0.1% | 123,854€ | +299.7% | 62,852€ | 50.7% | 2 | 1,106€ |
| 471 | Operaksa03542459 · Trade | <0.1% | 123,670€ | +3.9% | 13,233€ | 10.7% | 1 | 4,417€ |
| 472 | SVHD03401634 · Personal services | <0.1% | 122,912€ | +76.6% | 20,679€ | 16.8% | 7 | 472€ |
| 473 | Carestream Financial Services03312160 · Professional services | <0.1% | 121,210€ | -64.4% | -76,455€ | -63.1% | 2 | 3,545€ |
| 474 | Always On03290778 · Professional services | <0.1% | 120,345€ | +114.7% | 27,903€ | 23.2% | 2 | 1,094€ |
| 475 | PM 1.2203031667 · Real estate | <0.1% | 120,138€ | +2.3% | 13,055€ | 10.9% | 1 | 680€ |
| 476 | Smart Centar03106314 · Trade | <0.1% | 118,585€ | +8.8% | 6,736€ | 5.7% | 3 | 665€ |
| 477 | Sajns03139948 · Construction | <0.1% | 118,340€ | -5.8% | -2,114€ | -1.8% | 5 | — |
| 478 | LK Collective03504816 · Professional services | <0.1% | 118,333€ | +20.5% | 51,873€ | 43.8% | 1 | 678€ |
| 479 | Gera02229269 · Construction | <0.1% | 118,180€ | -3.2% | 3,927€ | 3.3% | 3 | 1,113€ |
| 480 | Đ&L Co03661016 · Trade | <0.1% | 117,817€ | +118.3% | -9,047€ | -7.7% | 3 | 844€ |
| 481 | Vanila02675960 · Manufacturing | <0.1% | 117,690€ | -3.6% | 2,675€ | 2.3% | 3 | 980€ |
| 482 | Point Solutions03652742 · Technology | <0.1% | 117,626€ | +157.6% | 33,312€ | 28.3% | 2 | 789€ |
| 483 | DP International03410960 · Professional services | <0.1% | 117,600€ | 0.0% | 91,929€ | 78.2% | 1 | 678€ |
| 484 | Pelagic03327582 · Professional services | <0.1% | 117,173€ | +110.8% | 31,511€ | 26.9% | 5 | 699€ |
| 485 | M & D Company Rent03287718 · Administrative services | <0.1% | 117,080€ | +64.5% | 25,873€ | 22.1% | 2 | 2,073€ |
| 486 | Polako 3.003320758 · Personal services | <0.1% | 116,902€ | -32.5% | -28,081€ | -24.0% | 12 | 598€ |
| 487 | Veljić Company02742012 · Manufacturing | <0.1% | 116,553€ | -5.8% | 1,963€ | 1.7% | 5 | 507€ |
| 488 | Monza Group03276350 · Personal services | <0.1% | 115,791€ | -15.8% | -33,773€ | -29.2% | 1 | 680€ |
| 489 | PM 1.2503106926 · Real estate | <0.1% | 115,615€ | -4.8% | -15,115€ | -13.1% | 1 | 565€ |
| 490 | Panjega Stanjević03094812 · Hospitality | <0.1% | 115,103€ | -25.9% | -19,566€ | -17.0% | 4 | 580€ |
| 491 | Dentart02725886 · Health & social care | <0.1% | 113,902€ | +17.3% | 470€ | 0.4% | 7 | 1,011€ |
| 492 | Seva Light03252035 · Professional services | <0.1% | 113,872€ | +9.7% | 14,899€ | 13.1% | 1 | 1,912€ |
| 493 | Impact02866277 · Hospitality | <0.1% | 113,683€ | -7.3% | -12,331€ | -10.8% | 4 | 888€ |
| 494 | Biznis Info Centar03645550 · Professional services | <0.1% | 113,150€ | +61.1% | 10,755€ | 9.5% | 3 | 1,875€ |
| 495 | Global Financial Solutions03245276 · Professional services | <0.1% | 113,036€ | +35.8% | 16,452€ | 14.6% | 5 | 1,396€ |
| 496 | V & D Boka02656035 · Administrative services | <0.1% | 112,929€ | -36.6% | 2,140€ | 1.9% | 1 | 844€ |
| 497 | Senjal03315002 · Hospitality | <0.1% | 112,676€ | +1.5% | 1,544€ | 1.4% | 3 | 1,484€ |
| 498 | Mbroker03615189 · Real estate | <0.1% | 112,062€ | +5.2% | -11,675€ | -10.4% | 2 | 875€ |
| 499 | Orpack Packaging03212033 · Professional services | <0.1% | 111,179€ | +2,187.6% | 82,793€ | 74.5% | 1 | 1,597€ |
| 500 | Samardžić Tivat03235742 · Manufacturing | <0.1% | 110,923€ | +34.5% | -3,839€ | -3.5% | 4 | 687€ |