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 251–300 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* |
|---|
| 251 | Invar Ivošević02175967 · Professional services | <0.1% | 308,715€ | +5.9% | 11,366€ | 3.7% | 11 | 1,150€ |
| 252 | Radio Tivat02368811 · Arts & entertainment | <0.1% | 307,751€ | +14.2% | 5,412€ | 1.8% | 17 | 1,114€ |
| 253 | Global Experts03681769 · Administrative services | <0.1% | 306,983€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 11,362€ | 3.7% | 1 | 11,627€ |
| 254 | Auto Klime Pavićević02762242 · Manufacturing | <0.1% | 306,797€ | +5.8% | 3,945€ | 1.3% | 5 | 1,023€ |
| 255 | Kaluđerović - S02971194 · Trade | <0.1% | 304,633€ | -4.9% | 3,443€ | 1.1% | 3 | 991€ |
| 256 | Pet House03612759 · Trade | <0.1% | 302,965€ | +43.6% | 7,860€ | 2.6% | 3 | 1,810€ |
| 257 | Ev Yachting Montenegro02889951 · Trade | <0.1% | 301,742€ | -46.8% | 9,704€ | 3.2% | 2 | 3,097€ |
| 258 | Anasaea03504409 · Technology | <0.1% | 299,619€ | -60.5% | 70,730€ | 23.6% | 7 | 2,616€ |
| 259 | Blue Investments02769336 · Construction | <0.1% | 298,754€ | -98.6% | -263,234€ | -88.1% | 2 | 6,855€ |
| 260 | Mont Finiš02969912 · Construction | <0.1% | 298,245€ | +86.1% | 6,154€ | 2.1% | 4 | 1,025€ |
| 261 | NS Consult03078922 · Professional services | <0.1% | 298,108€ | +5.6% | 92,815€ | 31.1% | 8 | 1,368€ |
| 262 | Lutovac Arhitektonski Studio03703312 · Professional services | <0.1% | 297,918€ | +1,342.8% | 33,693€ | 11.3% | 4 | 1,236€ |
| 263 | Fidelio Optic03514790 · Trade | <0.1% | 297,068€ | +8.0% | 55,444€ | 18.7% | 4 | 719€ |
| 264 | Stop Shop02396513 · Trade | <0.1% | 296,361€ | +14.9% | 2,035€ | 0.7% | 2 | 1,290€ |
| 265 | Auto Centar Livaja03037541 · Trade | <0.1% | 295,055€ | +0.6% | 33,895€ | 11.5% | 5 | 806€ |
| 266 | Rove Invest03326578 · Construction | <0.1% | 294,593€ | +123.3% | 110,502€ | 37.5% | 5 | 802€ |
| 267 | Sonets Studio03467899 · Technology | <0.1% | 290,730€ | -27.6% | -10,596€ | -3.6% | 5 | 2,529€ |
| 268 | Horizon Real Estate Management and Trade03218937 · Construction | <0.1% | 288,155€ | -25.7% | 12,265€ | 4.3% | 1 | 1,014€ |
| 269 | Triumphe02647940 · Hospitality | <0.1% | 287,714€ | +11.8% | 31,067€ | 10.8% | 9 | 949€ |
| 270 | Lunamar Montenegro02792206 · Manufacturing | <0.1% | 287,062€ | +0.2% | 1,008€ | 0.4% | 2 | 1,176€ |
| 271 | International Yacht Service02768585 · Manufacturing | <0.1% | 283,387€ | +39.4% | 17,253€ | 6.1% | 1 | 1,980€ |
| 272 | Friend4event03317919 · Hospitality | <0.1% | 281,067€ | +28.5% | 28,756€ | 10.2% | 3 | 1,468€ |
| 273 | Garbo02208202 · Agriculture | <0.1% | 280,926€ | +29.7% | 10,661€ | 3.8% | 3 | 859€ |
| 274 | Leks & Co03665364 · Administrative services | <0.1% | 279,395€ | +377.5% | 90,627€ | 32.4% | 1 | 13,292€ |
| 275 | Vučetić02406306 · Trade | <0.1% | 277,473€ | +11.1% | 3,457€ | 1.2% | 3 | 721€ |
| 276 | Jordan & R03312895 · Construction | <0.1% | 274,978€ | +4.4% | -10,600€ | -3.9% | 5 | 677€ |
| 277 | Mansa Medica02217384 · Health & social care | <0.1% | 274,853€ | -0.7% | 12,084€ | 4.4% | 11 | 1,068€ |
| 278 | Party Voyage Limited03340279 · Manufacturing | <0.1% | 274,291€ | +36.6% | 25,922€ | 9.5% | 1 | 340€ |
| 279 | Giljača02220172 · Hospitality | <0.1% | 274,164€ | +7.2% | 21,809€ | 8.0% | 7 | 661€ |
| 280 | Fiko Ii02741237 · Personal services | <0.1% | 272,983€ | +4.8% | -5,692€ | -2.1% | 24 | 632€ |
| 281 | CSS - Comprehensive Structural Solutions03202402 · Professional services | <0.1% | 272,946€ | +102.6% | 60,974€ | 22.3% | 3 | 2,496€ |
| 282 | MB Dubovina02153246 · Administrative services | <0.1% | 270,949€ | +22.3% | 32,433€ | 12.0% | 6 | 887€ |
| 283 | Transmont03406296 · Transport & logistics | <0.1% | 270,933€ | +88.6% | 5,820€ | 2.1% | 8 | 681€ |
| 284 | Mirna Luka02461803 · Hospitality | <0.1% | 269,998€ | -19.5% | 28,938€ | 10.7% | 7 | 842€ |
| 285 | Apexart03176711 · Trade | <0.1% | 269,309€ | -17.7% | 8,563€ | 3.2% | 1 | 675€ |
| 286 | Montenegrino02072785 · Hospitality | <0.1% | 267,455€ | +11.7% | 5,819€ | 2.2% | 10 | 983€ |
| 287 | TDM Advisory03660435 · Professional services | <0.1% | 263,481€ | +42.6% | 169,377€ | 64.3% | 1 | 1,724€ |
| 288 | Šućur Produkt03701948 · Manufacturing | <0.1% | 262,484€ | +888.8% | 28,756€ | 11.0% | 6 | 875€ |
| 289 | Olja i Maja03617874 · Trade | <0.1% | 261,391€ | +75.7% | 18,623€ | 7.1% | 6 | 1,094€ |
| 290 | Naiva03204529 · Professional services | <0.1% | 260,740€ | +22.9% | 42,176€ | 16.2% | 4 | 1,057€ |
| 291 | Bakina Kuhinja03175588 · Hospitality | <0.1% | 260,719€ | -7.5% | -34,547€ | -13.3% | 6 | 866€ |
| 292 | Nikmar02434849 · Professional services | <0.1% | 260,719€ | +1,353.3% | -34,547€ | -13.3% | 6 | 866€ |
| 293 | MC203186784 · Trade | <0.1% | 259,316€ | +23.8% | -4,670€ | -1.8% | 2 | 510€ |
| 294 | Montenegrodom Company02736063 · Real estate | <0.1% | 258,133€ | +72.9% | 87,938€ | 34.1% | 2 | 797€ |
| 295 | Adriatic Šped02699427 · Transport & logistics | <0.1% | 252,758€ | +16.4% | 17,086€ | 6.8% | 5 | 930€ |
| 296 | Biro Inženjering & Construction03465195 · Construction | <0.1% | 251,833€ | -49.0% | 2,307€ | 0.9% | 3 | 1,008€ |
| 297 | Kreativna Čarolija03069672 · Education | <0.1% | 251,797€ | +15.6% | 68,418€ | 27.2% | 7 | 1,011€ |
| 298 | Allegra02353784 · Hospitality | <0.1% | 251,002€ | -15.9% | 14,099€ | 5.6% | 7 | 1,172€ |
| 299 | Iso Building02969513 · Real estate | <0.1% | 248,448€ | +0.5% | 141,571€ | 57.0% | 2 | 675€ |
| 300 | Optika Zarić02733307 · Trade | <0.1% | 247,666€ | +46.8% | 44,772€ | 18.1% | 6 | 750€ |