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 151–178 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* |
|---|
| 151 | Jago Company03795764 · Hospitality | 0.0% | 0€ | No filing for 2024. | -2,088€ | — | 1 | — |
| 152 | Mauna' Ele'ele'03688984 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -34,879€ | — | 3 | 806€ |
| 153 | Nemya03729664 · Hospitality | 0.0% | 0€ | No filing for 2024. | -9,113€ | — | 1 | 607€ |
| 154 | Rui Rong03239942 · Hospitality | 0.0% | 0€ | -100.0% | -27,645€ | — | 2 | 675€ |
| 155 | Togliatti Family03715515 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,286€ | — | 1 | 927€ |
| 156 | Villa Diva03304787 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,643€ | — | 1 | 679€ |
| 157 | Ipanema02419700 · Hospitality | 0.0% | 0€ | -100.0% | -24,943€ | — | 1 | 934€ |
| 158 | Varadero02428130 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,035€ | — | 1 | — |
| 159 | Kalardovo Plus02786630 · Hospitality | 0.0% | 0€ | -100.0% | 0€ | — | — | — |
| 160 | Ruža Co03330885 · Hospitality | 0.0% | 0€ | -100.0% | -24,892€ | — | 2 | 678€ |
| 161 | Blackpearl Properties03275531 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -12,516€ | — | 1 | — |
| 162 | Whitepearl Properties03272087 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -20,825€ | — | 2 | 473€ |
| 163 | SKY Food03520706 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,871€ | — | 1 | 670€ |
| 164 | Global Leisure Investments PTY LTD03258955 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,969€ | — | 1 | 339€ |
| 165 | Harmonia Colours03252477 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,792€ | — | 1 | 723€ |
| 166 | LB Hotel Development Partners03186105 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -5,866€ | — | 1 | — |
| 167 | Maxijett03782638 · Hospitality | 0.0% | 0€ | No filing for 2024. | -1,110€ | — | 1 | — |
| 168 | Me Luxury Chefs03174654 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -10,698€ | — | 1 | 678€ |
| 169 | Mountain Cat Invest03788075 · Hospitality | 0.0% | 0€ | No filing for 2024. | -2,382€ | — | 1 | — |
| 170 | Ostrvo Sveti Marko02670437 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -21,083€ | — | 1 | 449€ |
| 171 | Petrović BP Group03635163 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,060€ | — | 1 | — |
| 172 | Ratnik03401880 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,207€ | — | 1 | 762€ |
| 173 | Satori03767302 · Hospitality | 0.0% | 0€ | No filing for 2024. | 0€ | — | — | — |
| 174 | Šta03641139 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -19,604€ | — | 3 | 530€ |
| 175 | Super Snacks03661717 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -3,485€ | — | 1 | — |
| 176 | Temple Tree Hospitality Montenegro (TTHM)03468615 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,439€ | — | 1 | — |
| 177 | The Life03708764 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,139€ | — | 1 | 678€ |
| 178 | Zelena Kuća03167208 · Hospitality | 0.0% | 0€ | -100.0% | 0€ | — | — | — |