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 151–200 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* |
|---|
| 151 | Centralmont03106179 · Trade | <0.1% | 651,942€ | +138.6% | 31,041€ | 4.8% | 3 | 2,373€ |
| 152 | Vip Travel02695057 · Transport & logistics | <0.1% | 650,694€ | +4.9% | 86,268€ | 13.3% | 8 | 879€ |
| 153 | Sofi Cafe03553078 · Hospitality | <0.1% | 644,805€ | +83.6% | 130,375€ | 20.2% | 14 | 912€ |
| 154 | MLV Berać02925770 · Trade | <0.1% | 643,061€ | +61.2% | 48,208€ | 7.5% | 9 | 815€ |
| 155 | Twenty Two03472892 · Trade | <0.1% | 639,111€ | -7.5% | -39,678€ | -6.2% | 3 | 1,431€ |
| 156 | Mala Barka02900475 · Hospitality | <0.1% | 632,860€ | -3.4% | 2,564€ | 0.4% | 14 | 1,527€ |
| 157 | International Yacht Company (iyc)03029956 · Transport & logistics | <0.1% | 632,833€ | +179.2% | 91,197€ | 14.4% | 3 | 2,200€ |
| 158 | Marviva Company03641180 · Transport & logistics | <0.1% | 628,530€ | +250.6% | 66,715€ | 10.6% | 2 | 14,883€ |
| 159 | Rest Land03377130 · Real estate | <0.1% | 623,121€ | +1,574.2% | -16,716€ | -2.7% | 1 | 926€ |
| 160 | Freejack02815311 · Construction | <0.1% | 621,646€ | -12.8% | 15,819€ | 2.5% | 6 | 2,974€ |
| 161 | 5G Mobile03227863 · Trade | <0.1% | 610,703€ | +5.5% | 17,266€ | 2.8% | 3 | 1,632€ |
| 162 | Boka Mare03524965 · Manufacturing | <0.1% | 606,901€ | +81.8% | 43,920€ | 7.2% | 14 | 895€ |
| 163 | Montenegro Hospitality Group03066614 · Hospitality | <0.1% | 606,856€ | -15.5% | -281,732€ | -46.4% | 18 | 1,678€ |
| 164 | Kaluđerović Company02241366 · Hospitality | <0.1% | 605,669€ | +2.4% | -18,334€ | -3.0% | 8 | 1,402€ |
| 165 | Marmi-Jović02341492 · Construction | <0.1% | 605,397€ | +27.7% | 44,918€ | 7.4% | 11 | 973€ |
| 166 | Aquiva Labs Montenegro03420787 · Technology | <0.1% | 593,536€ | -10.8% | 18,915€ | 3.2% | 69 | 575€ |
| 167 | Daj Group02983630 · Hospitality | <0.1% | 593,269€ | -6.8% | 9,482€ | 1.6% | 12 | 1,001€ |
| 168 | European International Restaurants and Catering03340929 · Hospitality | <0.1% | 592,938€ | +10.2% | -226,493€ | -38.2% | 12 | 1,021€ |
| 169 | Uvm Company03411338 · Hospitality | <0.1% | 592,014€ | +35.5% | 48,294€ | 8.2% | 15 | 1,138€ |
| 170 | LB Leisure Facilities Management03626121 · Hospitality | <0.1% | 563,629€ | +384.2% | -258,039€ | -45.8% | 20 | 2,168€ |
| 171 | DKS Comerc02297523 · Trade | <0.1% | 559,194€ | -1.2% | 31,706€ | 5.7% | 6 | 1,217€ |
| 172 | Jomivex02134390 · Manufacturing | <0.1% | 548,108€ | +35.3% | -27,268€ | -5.0% | 12 | 671€ |
| 173 | The Yacht Pantry Montenegro02862883 · Trade | <0.1% | 537,892€ | +33.4% | 54,999€ | 10.2% | 5 | 1,126€ |
| 174 | Fakultet za Mediteranske Poslovne Studije, Tivat02742128 · Education | <0.1% | 537,707€ | +15.7% | 44,511€ | 8.3% | 11 | 2,785€ |
| 175 | Real Mita03038017 · Trade | <0.1% | 536,453€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 57,107€ | 10.6% | 1 | 736€ |
| 176 | Cappetano02783827 · Trade | <0.1% | 532,239€ | +9.6% | 3,524€ | 0.7% | 3 | 938€ |
| 177 | VDX03215067 · Construction | <0.1% | 527,107€ | +54.1% | 21,900€ | 4.2% | 10 | 1,651€ |
| 178 | Agape Group03699072 · Hospitality | <0.1% | 521,694€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -81,453€ | -15.6% | 1 | 13,884€ |
| 179 | Modra Stijena Mne03142493 · Construction | <0.1% | 514,378€ | +140.5% | 39,303€ | 7.6% | 4 | — |
| 180 | Jamie's Italian Mne03704335 · Hospitality | <0.1% | 511,638€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -257,635€ | -50.4% | 13 | 2,411€ |
| 181 | High Life Construction03382885 · Real estate | <0.1% | 509,132€ | +50.7% | 28,137€ | 5.5% | 1 | 932€ |
| 182 | Salon Prive03364682 · Arts & entertainment | <0.1% | 506,930€ | -53.3% | -316,204€ | -62.4% | 42 | 769€ |
| 183 | Vastgoed-Luštica03284484 · Real estate | <0.1% | 506,543€ | +794.2% | 213,444€ | 42.1% | 2 | 2,216€ |
| 184 | Samcommerc02047802 · Transport & logistics | <0.1% | 496,715€ | +24.6% | -314,319€ | -63.3% | 5 | 1,185€ |
| 185 | BRP Advisory & Management Services03041697 · Professional services | <0.1% | 492,729€ | -73.7% | 36,910€ | 7.5% | 1 | 2,229€ |
| 186 | Malina Nail03206602 · Trade | <0.1% | 479,019€ | +31.8% | 81,764€ | 17.1% | 7 | 663€ |
| 187 | Carogo Group03628035 · Administrative services | <0.1% | 478,814€ | +83.0% | 70,972€ | 14.8% | 4 | 852€ |
| 188 | Take Off03310248 · Hospitality | <0.1% | 478,602€ | +129.3% | -17,026€ | -3.6% | 9 | 1,864€ |
| 189 | Teodo02740648 · Hospitality | <0.1% | 477,538€ | +24.6% | 4,387€ | 0.9% | 16 | 684€ |
| 190 | Antares02332477 · Hospitality | <0.1% | 471,052€ | -0.1% | 427€ | 0.1% | 13 | 1,082€ |
| 191 | Kallini03330982 · Real estate | <0.1% | 470,785€ | -5.3% | -124,167€ | -26.4% | 10 | 775€ |
| 192 | Eki - 102965984 · Trade | <0.1% | 469,399€ | -2.9% | -7,339€ | -1.6% | 1 | 950€ |
| 193 | 2LB Montenegro03049817 · Real estate | <0.1% | 467,971€ | +46.7% | -26,328€ | -5.6% | 5 | 1,058€ |
| 194 | Mind Company03163571 · Hospitality | <0.1% | 465,660€ | +879.7% | 309,529€ | 66.5% | 10 | 644€ |
| 195 | Dental Expert03348768 · Health & social care | <0.1% | 463,760€ | +192.7% | 111,807€ | 24.1% | 13 | 879€ |
| 196 | Color-Mršić02447959 · Trade | <0.1% | 463,587€ | -4.3% | 42,835€ | 9.2% | 4 | 933€ |
| 197 | Food District03552322 · Hospitality | <0.1% | 460,003€ | +29.3% | -51,350€ | -11.2% | 8 | 1,172€ |
| 198 | Vapiano03066622 · Hospitality | <0.1% | 459,924€ | +12.1% | 40,164€ | 8.7% | 9 | 657€ |
| 199 | Swooky03318737 · Technology | <0.1% | 452,122€ | -43.3% | 326,967€ | 72.3% | 1 | 767€ |
| 200 | Format Homes03564819 · Construction | <0.1% | 449,903€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 14,900€ | 3.3% | 6 | 701€ |