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 1151–1200 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* |
|---|
| 1151 | Wandering Yacht Montenegro03155757 · Administrative services | <0.1% | 11,819€ | +338.4% | -60,305€ | -510.2% | 4 | 618€ |
| 1152 | Latino Dance Institute03635279 · Arts & entertainment | <0.1% | 11,757€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 3,574€ | 30.4% | 1 | 682€ |
| 1153 | Feel the Spirit03450384 · Real estate | <0.1% | 11,608€ | -28.0% | -14,917€ | -128.5% | 1 | 678€ |
| 1154 | Malina Beauty03391507 · Professional services | <0.1% | 11,583€ | +87.4% | -11,050€ | -95.4% | 1 | 737€ |
| 1155 | Level 1103683320 · Professional services | <0.1% | 11,570€ | +1,552.9% | 2,415€ | 20.9% | 1 | 675€ |
| 1156 | Boka Scooter03248372 · Administrative services | <0.1% | 11,535€ | -20.7% | -1,325€ | -11.5% | 1 | — |
| 1157 | Paragas03735117 · Administrative services | <0.1% | 11,420€ | No filing for 2024. | 4,357€ | 38.2% | 1 | 481€ |
| 1158 | Oratio03380947 · Manufacturing | <0.1% | 11,369€ | +370.4% | -42,767€ | -376.2% | 2 | 929€ |
| 1159 | Lunaris03690601 · Professional services | <0.1% | 11,260€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 1,195€ | 10.6% | 1 | 678€ |
| 1160 | BK Det Group03651843 · Administrative services | <0.1% | 11,250€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -7,443€ | -66.2% | 1 | 678€ |
| 1161 | House of Hair03647463 · Personal services | <0.1% | 11,222€ | +26.1% | 1,654€ | 14.7% | 1 | 677€ |
| 1162 | Spiritus Fortis03525520 · Administrative services | <0.1% | 11,210€ | -12.8% | -8,356€ | -74.5% | 2 | 692€ |
| 1163 | Adriatic Trails & Beyond03708039 · Transport & logistics | <0.1% | 11,175€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -74,895€ | -670.2% | 1 | 5,063€ |
| 1164 | Auto Device Ag03493083 · Trade | <0.1% | 11,160€ | +43.8% | -43€ | -0.4% | 1 | 677€ |
| 1165 | 3G Pharma Limited03629961 · Trade | <0.1% | 11,000€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 188€ | 1.7% | 1 | 677€ |
| 1166 | Arselis Group03627861 · Professional services | <0.1% | 10,952€ | +64.1% | 636€ | 5.8% | 1 | 820€ |
| 1167 | Di Real Estate03707571 · Real estate | <0.1% | 10,885€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 1,490€ | 13.7% | 1 | 676€ |
| 1168 | Aaz Montenegro03350827 · Professional services | <0.1% | 10,810€ | +145.7% | -2,124€ | -19.6% | 1 | 922€ |
| 1169 | Tivat Transfers03753786 · Transport & logistics | <0.1% | 10,790€ | No filing for 2024. | 4,990€ | 46.2% | 1 | — |
| 1170 | Marketing Avenue03420876 · Technology | <0.1% | 10,718€ | -13.0% | 725€ | 6.8% | 1 | 675€ |
| 1171 | Bakay Financial Consultancy03192814 · Professional services | <0.1% | 10,700€ | +137.8% | -1,412€ | -13.2% | 1 | 675€ |
| 1172 | World Web Group03447375 · Technology | <0.1% | 10,683€ | +170.3% | -17,750€ | -166.2% | 2 | 1,117€ |
| 1173 | Bul Trade02664607 · Administrative services | <0.1% | 10,640€ | +11.6% | -9,424€ | -88.6% | 1 | 838€ |
| 1174 | Ab Project03470750 · Professional services | <0.1% | 10,623€ | -52.1% | -6,529€ | -61.5% | 1 | 927€ |
| 1175 | Depo Gusto03796043 · Hospitality | <0.1% | 10,600€ | No filing for 2024. | -20,076€ | -189.4% | 1 | 381€ |
| 1176 | Karev Studio03552730 · Trade | <0.1% | 10,596€ | +64.3% | 1,752€ | 16.5% | 1 | 682€ |
| 1177 | Sunrais Tim03411923 · Personal services | <0.1% | 10,562€ | +276.7% | -1,647€ | -15.6% | 1 | 670€ |
| 1178 | Gaynor02913984 · Real estate | <0.1% | 10,540€ | -19.7% | -1,353€ | -12.8% | 1 | 883€ |
| 1179 | Modus Enterijeri03523098 · Manufacturing | <0.1% | 10,486€ | -21.3% | -7,102€ | -67.7% | 1 | 704€ |
| 1180 | Smod Home03382982 · Personal services | <0.1% | 10,485€ | +3.4% | 74€ | 0.7% | 1 | 677€ |
| 1181 | RG Team Nikolić03310680 · Personal services | <0.1% | 10,381€ | +28.9% | -6,322€ | -60.9% | 2 | 365€ |
| 1182 | Estatelands Mne03589463 · Real estate | <0.1% | 10,375€ | -15.6% | -3,389€ | -32.7% | 1 | 678€ |
| 1183 | Truffles GP03271323 · Trade | <0.1% | 10,373€ | -45.1% | 0€ | 0.0% | 1 | 565€ |
| 1184 | Sunlight Bay03322262 · Real estate | <0.1% | 10,305€ | +315.7% | -45,288€ | -439.5% | 1 | 680€ |
| 1185 | Mial Group03727505 · Professional services | <0.1% | 10,267€ | No filing for 2024. | -763€ | -7.4% | 1 | 855€ |
| 1186 | Tokmakova03459292 · Education | <0.1% | 10,260€ | +140.2% | -433€ | -4.2% | 1 | 749€ |
| 1187 | Alex Hair Design03054128 · Personal services | <0.1% | 10,254€ | +11.7% | 32€ | 0.3% | 1 | 677€ |
| 1188 | Aristokratisa03547841 · Trade | <0.1% | 10,250€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 1,847€ | 18.0% | 1 | 674€ |
| 1189 | Olmar02996294 · Arts & entertainment | <0.1% | 10,250€ | -71.4% | -8,149€ | -79.5% | 2 | 654€ |
| 1190 | Principium03748120 · Professional services | <0.1% | 10,202€ | No filing for 2024. | 5,205€ | 51.0% | 1 | 315€ |
| 1191 | Semi Cleaning03375692 · Administrative services | <0.1% | 10,145€ | -8.4% | 1,050€ | 10.3% | 1 | 678€ |
| 1192 | Savjetovalište Luča03738183 · Health & social care | <0.1% | 10,130€ | No filing for 2024. | 182€ | 1.8% | 1 | 643€ |
| 1193 | Balkancoder03430391 · Technology | <0.1% | 10,100€ | +11.0% | -4,396€ | -43.5% | 1 | 929€ |
| 1194 | Salon Miro02634457 · Personal services | <0.1% | 10,077€ | -14.1% | -560€ | -5.6% | 2 | 310€ |
| 1195 | Nortia03287386 · Real estate | <0.1% | 10,022€ | -53.5% | -73,385€ | -732.2% | 2 | 635€ |
| 1196 | Eagle Eye03245438 · Hospitality | <0.1% | 9,963€ | -64.0% | 4,706€ | 47.2% | 1 | 408€ |
| 1197 | Lotus Innovations03664074 · Hospitality | <0.1% | 9,954€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -13,899€ | -139.6% | 1 | 922€ |
| 1198 | Akva Inženjering02748665 · Professional services | <0.1% | 9,773€ | +428.3% | -359€ | -3.7% | 2 | 399€ |
| 1199 | Montenegro Move03612481 · Real estate | <0.1% | 9,749€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -637€ | -6.5% | 1 | 678€ |
| 1200 | Samima03643093 · Education | <0.1% | 9,747€ | +127.2% | -19,628€ | -201.4% | 2 | 625€ |