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 201–250 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* |
|---|
| 201 | Akoma03698815 · Real estate | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -7,162€ | — | 1 | 594€ |
| 202 | Alba Porto 50403454134 · Real estate | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -19,861€ | — | 1 | 675€ |
| 203 | Alchimia03681475 · Real estate | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -1,018€ | — | 1 | — |
| 204 | Argo Montenegro03403505 · Real estate | 0.0% | 0€ | -100.0% | -21,432€ | — | 1 | 929€ |
| 205 | Ars Intertrade Company03640701 · Real estate | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,058€ | — | 1 | — |
| 206 | Azimut International03413276 · Real estate | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -13,807€ | — | 1 | 927€ |
| 207 | Biolitec Real03380084 · Real estate | 0.0% | 0€ | -100.0% | -52,351€ | — | 1 | — |
| 208 | CN Corporation03514714 · Real estate | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,139€ | — | 1 | 678€ |
| 209 | Define Homes03385400 · Real estate | 0.0% | 0€ | -100.0% | -9,165€ | — | 1 | 678€ |
| 210 | Aero Tour MNG03373304 · Real estate | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -43,348€ | — | 2 | 677€ |
| 211 | Altug Cetinkaya Global03435385 · Real estate | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -27,849€ | — | 1 | 978€ |
| 212 | Analogia03459560 · Real estate | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -12,762€ | — | 1 | 922€ |
| 213 | Arcis03467864 · Real estate | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -16,838€ | — | 1 | 678€ |
| 214 | Bow Thruster03281884 · Real estate | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,247€ | — | 1 | — |
| 215 | BR Montenegro03383008 · Real estate | 0.0% | 0€ | -100.0% | 0€ | — | — | — |
| 216 | Compass Adriatic03711277 · Real estate | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -7,624€ | — | 1 | — |
| 217 | Delfin Holding MNG03644871 · Real estate | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -13,409€ | — | 2 | 391€ |
| 218 | Dimelina03467821 · Real estate | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,804€ | — | 1 | 678€ |
| 219 | Dinata Invest03499219 · Real estate | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -12,087€ | — | 1 | 678€ |
| 220 | Domcity03750086 · Real estate | 0.0% | 0€ | No filing for 2024. | -2,234€ | — | 1 | — |
| 221 | Dream SKY03402223 · Real estate | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -12,712€ | — | 1 | 677€ |
| 222 | Dua Vivo03410277 · Real estate | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -169,691€ | — | 1 | 678€ |
| 223 | Eko Kuća03591352 · Real estate | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -3,128€ | — | 1 | — |
| 224 | Emerald Technic03516652 · Real estate | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,143€ | — | 1 | 670€ |
| 225 | Florian03318974 · Real estate | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,923€ | — | 1 | 581€ |
| 226 | FTB Property02855798 · Real estate | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,383€ | — | 1 | 694€ |
| 227 | Helios Turizm03669556 · Real estate | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,260€ | — | 1 | 674€ |
| 228 | Homa03792277 · Real estate | 0.0% | 0€ | No filing for 2024. | -1,332€ | — | 0 | — |
| 229 | Kamarys Enterprise03477843 · Real estate | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -30,240€ | — | 1 | 677€ |
| 230 | Karpay Developments LLC03155153 · Real estate | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,080€ | — | 1 | — |
| 231 | Kotor Bay View03747344 · Real estate | 0.0% | 0€ | No filing for 2024. | -12,007€ | — | 1 | 674€ |
| 232 | Lio Anderson Estate03228142 · Real estate | 0.0% | 0€ | -100.0% | -21,473€ | — | 1 | 678€ |
| 233 | Mana Capital03421627 · Real estate | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,257€ | — | 1 | 678€ |
| 234 | Marina Rental03336913 · Real estate | 0.0% | 0€ | -100.0% | 0€ | — | — | — |
| 235 | Merlinn02807726 · Real estate | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,207€ | — | 1 | 338€ |
| 236 | Miraval03548040 · Real estate | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -6,369€ | — | 1 | 339€ |
| 237 | MK Consult03801594 · Real estate | 0.0% | 0€ | No filing for 2024. | -254€ | — | 1 | — |
| 238 | Mosa02462095 · Real estate | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,101€ | — | 1 | 675€ |
| 239 | Netcom Solutions03457273 · Real estate | 0.0% | 0€ | -100.0% | -29,011€ | — | 1 | 972€ |
| 240 | New Wave Montenegro03483584 · Real estate | 0.0% | 0€ | -100.0% | -10,125€ | — | 1 | 753€ |
| 241 | Northern Land03489850 · Real estate | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,532€ | — | 1 | 678€ |
| 242 | O&M Rentals03479617 · Real estate | 0.0% | 0€ | -100.0% | -31,454€ | — | 1 | 678€ |
| 243 | Opus Porto03376656 · Real estate | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,344€ | — | 1 | 680€ |
| 244 | PM 1.402954494 · Real estate | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -26,922€ | — | 1 | 678€ |
| 245 | Sarčer02691230 · Real estate | 0.0% | 0€ | -100.0% | -3,021€ | — | 1 | — |
| 246 | Seafront Property03651037 · Real estate | 0.0% | 0€ | -100.0% | -162,240€ | — | 1 | 1,468€ |
| 247 | Seaside Properties03490998 · Real estate | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -296,755€ | — | 1 | — |
| 248 | ST Property OPS.03463583 · Real estate | 0.0% | 0€ | -100.0% | -36,359€ | — | 1 | 678€ |
| 249 | Tan Montenegro03399273 · Real estate | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -27,758€ | — | 2 | 798€ |
| 250 | Trident Company03776441 · Real estate | 0.0% | 0€ | No filing for 2024. | -3,605€ | — | 1 | 300€ |