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 178
* 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 | Bluemountion03603334 · Hospitality | <0.1% | 69,854€ | +1.5% | -21,520€ | -30.8% | 1 | 1,585€ |
| 102 | Bela Roza03059553 · Hospitality | <0.1% | 69,702€ | +16.1% | -242,155€ | -347.4% | 5 | 933€ |
| 103 | Montebook Inc03426688 · Hospitality | <0.1% | 62,620€ | +1,092.8% | -18,023€ | -28.8% | 1 | 678€ |
| 104 | I-Ti Company03585786 · Hospitality | <0.1% | 57,896€ | +10.7% | -36,409€ | -62.9% | 2 | 1,035€ |
| 105 | Ero02661241 · Hospitality | <0.1% | 54,492€ | +61.6% | 4,656€ | 8.5% | 1 | 948€ |
| 106 | Milović03235220 · Hospitality | <0.1% | 45,761€ | +4.2% | 16,037€ | 35.0% | 2 | 545€ |
| 107 | Tim Catering03763595 · Hospitality | <0.1% | 45,020€ | No filing for 2024. | -15,938€ | -35.4% | 4 | 397€ |
| 108 | Agape03101592 · Hospitality | <0.1% | 43,976€ | +44.9% | 3,917€ | 8.9% | 2 | 510€ |
| 109 | Pomodorino03635180 · Hospitality | <0.1% | 42,349€ | -20.5% | -16,051€ | -37.9% | 2 | 725€ |
| 110 | Arrow Montenegro03372804 · Hospitality | <0.1% | 40,679€ | +127.4% | -11,307€ | -27.8% | 1 | 906€ |
| 111 | Montes Innovations03640655 · Hospitality | <0.1% | 37,475€ | +1,136.4% | 432€ | 1.2% | 1 | 922€ |
| 112 | MBR02990202 · Hospitality | <0.1% | 33,481€ | -61.9% | -44,599€ | -133.2% | 1 | 542€ |
| 113 | A & B - Tim03373029 · Hospitality | <0.1% | 29,990€ | +5.8% | -7,736€ | -25.8% | 2 | 1,396€ |
| 114 | Connect & RZ03233472 · Hospitality | <0.1% | 29,059€ | -14.9% | -7,849€ | -27.0% | 2 | 693€ |
| 115 | Aurora Innovations03640078 · Hospitality | <0.1% | 27,521€ | +808.3% | 746€ | 2.7% | 1 | 922€ |
| 116 | S&M Srđan02756498 · Hospitality | <0.1% | 26,244€ | +30.0% | 3,523€ | 13.4% | 1 | 842€ |
| 117 | Big Lotus03598969 · Hospitality | <0.1% | 26,031€ | +15.4% | -11,384€ | -43.7% | 2 | 905€ |
| 118 | Kulturno Zavičajno Udruženje - Napredak02314673 · Hospitality | <0.1% | 24,374€ | -29.9% | 1,936€ | 7.9% | 0 | — |
| 119 | Mirno More03074951 · Hospitality | <0.1% | 23,310€ | -14.4% | -2,266€ | -9.7% | 2 | 765€ |
| 120 | Mimax Holding Mne03383318 · Hospitality | <0.1% | 20,444€ | +5.3% | -14,275€ | -69.8% | 1 | 622€ |
| 121 | Belmont Holdings02891867 · Hospitality | <0.1% | 19,691€ | -98.1% | -15,597€ | -79.2% | 1 | 675€ |
| 122 | Iris Properties03323854 · Hospitality | <0.1% | 18,639€ | +0.6% | -5,534€ | -29.7% | 1 | 678€ |
| 123 | Sanet It Consultancy03208079 · Hospitality | <0.1% | 14,230€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 1,626€ | 11.4% | 1 | 908€ |
| 124 | Depo Gusto03796043 · Hospitality | <0.1% | 10,600€ | No filing for 2024. | -20,076€ | -189.4% | 1 | 381€ |
| 125 | Eagle Eye03245438 · Hospitality | <0.1% | 9,963€ | -64.0% | 4,706€ | 47.2% | 1 | 408€ |
| 126 | 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€ |
| 127 | Maxhit03216179 · Hospitality | <0.1% | 9,515€ | -51.5% | -8,363€ | -87.9% | 1 | 680€ |
| 128 | Yuriip03465616 · Hospitality | <0.1% | 8,949€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,637€ | -107.7% | 1 | 1,043€ |
| 129 | Art & Dance Cafe03649776 · Hospitality | <0.1% | 8,923€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -56,468€ | -632.8% | 3 | 1,015€ |
| 130 | Settimana03558428 · Hospitality | <0.1% | 8,607€ | -95.3% | -21,183€ | -246.1% | 1 | 678€ |
| 131 | Kirill Montenegro03509273 · Hospitality | <0.1% | 7,754€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -45,603€ | -588.1% | 3 | 665€ |
| 132 | Artdeco Montenegro03229203 · Hospitality | <0.1% | 7,160€ | +12.4% | -6,821€ | -95.3% | 1 | 1,034€ |
| 133 | Buonumore03551890 · Hospitality | <0.1% | 5,950€ | +71.5% | -2,337€ | -39.3% | 1 | 676€ |
| 134 | Ena Hospitality03677141 · Hospitality | <0.1% | 5,523€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -53,355€ | -966.1% | 2 | 733€ |
| 135 | The Club House03066347 · Hospitality | <0.1% | 5,000€ | -98.8% | -7,662€ | -153.2% | 1 | 556€ |
| 136 | B&D Restaurants03407861 · Hospitality | <0.1% | 4,800€ | -95.2% | -17,177€ | -357.9% | 1 | 1,481€ |
| 137 | Joy Neka03683788 · Hospitality | <0.1% | 3,350€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,525€ | -254.5% | 2 | 480€ |
| 138 | Kca Trading03691969 · Hospitality | <0.1% | 3,088€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -5,329€ | -172.6% | 1 | 678€ |
| 139 | Nunnum Investment03410510 · Hospitality | <0.1% | 2,500€ | +150.0% | -7,471€ | -298.8% | 1 | 619€ |
| 140 | Noras03609065 · Hospitality | <0.1% | 1,521€ | -98.8% | -17,066€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 1,166€ |
| 141 | Green Club03059545 · Hospitality | <0.1% | 699€ | +9,885.7% | -182,877€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 2 | 1,358€ |
| 142 | El Paradiso Investments03394026 · Hospitality | <0.1% | 337€ | -91.1% | -9,768€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 677€ |
| 143 | Idm Endeavors03422313 · Hospitality | <0.1% | 63€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -56,892€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 2 | — |
| 144 | Žel02781891 · Hospitality | <0.1% | 17€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -5,661€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | — |
| 145 | Hermitage Holdings03679390 · Hospitality | <0.1% | 5€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -128,755€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 1,112€ |
| 146 | Larisa Company02950146 · Hospitality | <0.1% | 2€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -19,729€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 2 | 678€ |
| 147 | Alavie Group03684814 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -10,773€ | — | 1 | 773€ |
| 148 | Akf Group03494578 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -35,536€ | — | 4 | 597€ |
| 149 | Apertura Group Company03689247 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -16,616€ | — | 2 | 674€ |
| 150 | Dute03801152 · Hospitality | 0.0% | 0€ | No filing for 2024. | -1,353€ | — | 2 | — |