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 101–150 of 300
* 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* |
|---|
| 101 | Mamadel03324923 · Real estate | <0.1% | 22,500€ | +50.0% | -829€ | -3.7% | 1 | 926€ |
| 102 | Luštica Apartment03155862 · Real estate | <0.1% | 22,489€ | -6.3% | -2,874€ | -12.8% | 1 | 929€ |
| 103 | Farmix03357252 · Real estate | <0.1% | 22,133€ | -11.0% | -31,356€ | -141.7% | 1 | 929€ |
| 104 | Alta - Rent03345483 · Real estate | <0.1% | 22,010€ | +3.4% | -2,221€ | -10.1% | 1 | 677€ |
| 105 | Sonda03483509 · Real estate | <0.1% | 21,746€ | -12.0% | -12,458€ | -57.3% | 1 | 926€ |
| 106 | Montealto03388468 · Real estate | <0.1% | 21,740€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 1,649€ | 7.6% | 1 | 931€ |
| 107 | Bergauf03283461 · Real estate | <0.1% | 21,659€ | -8.2% | -2,641€ | -12.2% | 1 | 926€ |
| 108 | To To Porto02929902 · Real estate | <0.1% | 21,539€ | -36.6% | -11,525€ | -53.5% | 1 | — |
| 109 | Monte Leone03573273 · Real estate | <0.1% | 21,209€ | -76.6% | -33,174€ | -156.4% | 1 | 3,071€ |
| 110 | Broekhuizen International03253996 · Real estate | <0.1% | 21,117€ | 0.0% | 644€ | 3.0% | 1 | 585€ |
| 111 | K.I.R03155340 · Real estate | <0.1% | 20,627€ | +31.0% | -16,727€ | -81.1% | 1 | 927€ |
| 112 | New Life Consultancy03394751 · Real estate | <0.1% | 20,627€ | -28.9% | -3,453€ | -16.7% | 1 | 884€ |
| 113 | Concord Equity03522636 · Real estate | <0.1% | 18,241€ | +285.1% | -11,475€ | -62.9% | 1 | 1,375€ |
| 114 | Porto Rent03373487 · Real estate | <0.1% | 18,159€ | -4.7% | -14,025€ | -77.2% | 1 | 922€ |
| 115 | Leah03400280 · Real estate | <0.1% | 17,613€ | +14.0% | -8,720€ | -49.5% | 1 | 678€ |
| 116 | Aleskaniya Realty03451046 · Real estate | <0.1% | 17,061€ | +151.6% | -27,289€ | -159.9% | 4 | 760€ |
| 117 | Empinity03383288 · Real estate | <0.1% | 16,917€ | +103.8% | 1,240€ | 7.3% | 0 | — |
| 118 | Montenegro Development Services03281434 · Real estate | <0.1% | 16,527€ | +14.0% | -4,224€ | -25.6% | 1 | 678€ |
| 119 | Alba Porto 60303454100 · Real estate | <0.1% | 16,200€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,769€ | -29.4% | 1 | 675€ |
| 120 | Zephyrgold03356272 · Real estate | <0.1% | 15,952€ | -36.3% | -5,975€ | -37.5% | 1 | — |
| 121 | VMF Tim03155528 · Real estate | <0.1% | 15,868€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -20,248€ | -127.6% | 1 | 565€ |
| 122 | Domis Enterijeri03385647 · Real estate | <0.1% | 15,520€ | 0.0% | -2,088€ | -13.5% | 0 | — |
| 123 | Coastal03384853 · Real estate | <0.1% | 15,246€ | -86.1% | -7,331€ | -48.1% | 1 | 932€ |
| 124 | Truda02940060 · Real estate | <0.1% | 15,000€ | 0.0% | -15,809€ | -105.4% | 1 | 338€ |
| 125 | STS Renome02630303 · Real estate | <0.1% | 14,521€ | +171.5% | -1,767€ | -12.2% | 2 | 550€ |
| 126 | Tehnoforum02636964 · Real estate | <0.1% | 14,422€ | -7.9% | 235€ | 1.6% | 1 | — |
| 127 | Filius03460185 · Real estate | <0.1% | 14,181€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -5,386€ | -38.0% | 1 | 1,173€ |
| 128 | Property Collection03208761 · Real estate | <0.1% | 13,897€ | -43.6% | 3,248€ | 23.4% | 1 | 478€ |
| 129 | NV Investment and Project03242790 · Real estate | <0.1% | 13,870€ | +329.4% | -6,818€ | -49.2% | 2 | 802€ |
| 130 | Venice Square02939568 · Real estate | <0.1% | 12,750€ | -34.1% | -2,287€ | -17.9% | 1 | 926€ |
| 131 | Robert Capital03324397 · Real estate | <0.1% | 12,668€ | -54.2% | -37,512€ | -296.1% | 1 | 452€ |
| 132 | Mini Condos03181685 · Real estate | <0.1% | 11,901€ | -8.9% | -21,844€ | -183.5% | 1 | 515€ |
| 133 | Celipe03073491 · Real estate | <0.1% | 11,869€ | +69.5% | -4,706€ | -39.6% | 2 | 509€ |
| 134 | Feel the Spirit03450384 · Real estate | <0.1% | 11,608€ | -28.0% | -14,917€ | -128.5% | 1 | 678€ |
| 135 | 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€ |
| 136 | Gaynor02913984 · Real estate | <0.1% | 10,540€ | -19.7% | -1,353€ | -12.8% | 1 | 883€ |
| 137 | Estatelands Mne03589463 · Real estate | <0.1% | 10,375€ | -15.6% | -3,389€ | -32.7% | 1 | 678€ |
| 138 | Sunlight Bay03322262 · Real estate | <0.1% | 10,305€ | +315.7% | -45,288€ | -439.5% | 1 | 680€ |
| 139 | Nortia03287386 · Real estate | <0.1% | 10,022€ | -53.5% | -73,385€ | -732.2% | 2 | 635€ |
| 140 | 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€ |
| 141 | STD03524230 · Real estate | <0.1% | 9,250€ | -38.6% | 759€ | 8.2% | 1 | — |
| 142 | WM Montenegro03051455 · Real estate | <0.1% | 9,000€ | -35.9% | -23,316€ | -259.1% | 1 | 677€ |
| 143 | Real Estate Luštica Tivat03378187 · Real estate | <0.1% | 9,000€ | +7,100.0% | -1,516€ | -16.8% | 1 | 740€ |
| 144 | A + Real Estate Montenegro03330389 · Real estate | <0.1% | 8,856€ | +20.1% | -13,553€ | -153.0% | 2 | 776€ |
| 145 | Sedam Petaka03438317 · Real estate | <0.1% | 8,537€ | -53.0% | -10,937€ | -128.1% | 2 | 694€ |
| 146 | Best Estate03449157 · Real estate | <0.1% | 8,452€ | +8.4% | -2,562€ | -30.3% | 1 | 740€ |
| 147 | Smart Consultancy & Real Estate03758109 · Real estate | <0.1% | 8,124€ | No filing for 2024. | 1,663€ | 20.5% | 1 | 494€ |
| 148 | Impre'lite International03453618 · Real estate | <0.1% | 8,000€ | +66.7% | -5,373€ | -67.2% | 1 | 926€ |
| 149 | New Real Estate Montenegro03176819 · Real estate | <0.1% | 7,640€ | -39.6% | -1,680€ | -22.0% | 2 | 338€ |
| 150 | DOM.MNE03467724 · Real estate | <0.1% | 7,170€ | -0.1% | -6,179€ | -86.2% | 1 | 926€ |