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 351–400 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* |
|---|
| 351 | BM Tivat02922916 · Transport & logistics | <0.1% | 195,589€ | -9.6% | -17,562€ | -9.0% | 10 | 927€ |
| 352 | Venture M02992302 · Real estate | <0.1% | 194,839€ | +253.9% | -32,403€ | -16.6% | 1 | 678€ |
| 353 | Agape Act02746565 · Hospitality | <0.1% | 194,497€ | -42.2% | 10,892€ | 5.6% | 2 | 1,622€ |
| 354 | Gastromax03728790 · Manufacturing | <0.1% | 193,059€ | No filing for 2024. | -38,970€ | -20.2% | 5 | 1,364€ |
| 355 | East Med Yachting03081923 · Transport & logistics | <0.1% | 190,979€ | -5.2% | 30,770€ | 16.1% | 2 | 1,083€ |
| 356 | Eurocom D&I02347482 · Trade | <0.1% | 189,506€ | -16.2% | 1,843€ | 1.0% | 8 | 735€ |
| 357 | Vidigo03710041 · Transport & logistics | <0.1% | 188,750€ | +1,562.4% | -9,791€ | -5.2% | 7 | 1,308€ |
| 358 | BK-Trans02971089 · Transport & logistics | <0.1% | 188,177€ | +18.1% | 12,383€ | 6.6% | 2 | 952€ |
| 359 | Globus Travel Tours03227294 · Transport & logistics | <0.1% | 187,704€ | +61.3% | 16,752€ | 8.9% | 3 | 915€ |
| 360 | It Advisory03359786 · Technology | <0.1% | 186,750€ | +131.7% | 5,651€ | 3.0% | 4 | 758€ |
| 361 | Sportska Dvorana02041570 · Arts & entertainment | <0.1% | 185,263€ | +17.3% | 14,084€ | 7.6% | 12 | 919€ |
| 362 | Cine Grand - MCF03777456 · Arts & entertainment | <0.1% | 185,210€ | No filing for 2024. | 58,157€ | 31.4% | 3 | 661€ |
| 363 | Novasol03634990 · Real estate | <0.1% | 184,701€ | +45.9% | 91,947€ | 49.8% | 2 | 908€ |
| 364 | Madok Finance03106918 · Professional services | <0.1% | 184,678€ | +19.3% | 19,391€ | 10.5% | 6 | 1,801€ |
| 365 | Sea Me03255018 · Transport & logistics | <0.1% | 183,323€ | -69.7% | -73,814€ | -40.3% | 4 | 1,104€ |
| 366 | J.M. Company03079678 · Construction | <0.1% | 182,945€ | +15.9% | 33,476€ | 18.3% | 5 | 663€ |
| 367 | Aegis Labs03461114 · Technology | <0.1% | 182,372€ | -2.7% | 142,840€ | 78.3% | 1 | 929€ |
| 368 | Afct03244997 · Technology | <0.1% | 182,314€ | -29.4% | 143,996€ | 79.0% | 1 | 1,343€ |
| 369 | Atelj02251035 · Manufacturing | <0.1% | 182,218€ | +10.5% | 3,719€ | 2.0% | 5 | 950€ |
| 370 | M & M Building03238016 · Construction | <0.1% | 181,481€ | +12.6% | 74,742€ | 41.2% | 3 | 1,213€ |
| 371 | La Purezza03218406 · Administrative services | <0.1% | 181,272€ | +71.3% | 18,102€ | 10.0% | 1 | 8,556€ |
| 372 | Waz Porto03103021 · Real estate | <0.1% | 181,142€ | +293.0% | 34,931€ | 19.3% | 1 | 681€ |
| 373 | Salon Prive Bar03352706 · Hospitality | <0.1% | 181,012€ | +33.8% | 18,542€ | 10.2% | 4 | 727€ |
| 374 | Honey Badger Inc03698513 · Trade | <0.1% | 179,833€ | +9,420.0% | 733€ | 0.4% | 1 | 338€ |
| 375 | Sonic02741032 · Professional services | <0.1% | 179,019€ | -3.6% | 45,611€ | 25.5% | 6 | 799€ |
| 376 | Flow Ing03323498 · Real estate | <0.1% | 176,971€ | +595.4% | 63,327€ | 35.8% | 1 | 678€ |
| 377 | Monte C03495990 · Hospitality | <0.1% | 176,062€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -989,097€ | -561.8% | 22 | 2,703€ |
| 378 | Manor Living03664449 · Trade | <0.1% | 174,997€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,368€ | -1.4% | 3 | 841€ |
| 379 | MGK Group03124550 · Construction | <0.1% | 174,323€ | -32.7% | 7,549€ | 4.3% | 6 | 922€ |
| 380 | Martabakes03643590 · Manufacturing | <0.1% | 174,208€ | +1,170.2% | 26,313€ | 15.1% | 1 | 2,510€ |
| 381 | Tenacity03654133 · Trade | <0.1% | 174,207€ | +78.6% | 22,162€ | 12.7% | 4 | 751€ |
| 382 | Tech Care03355969 · Technology | <0.1% | 173,500€ | +27.5% | 61,846€ | 35.6% | 1 | 675€ |
| 383 | Stern To Bow03725065 · Professional services | <0.1% | 172,651€ | No filing for 2024. | 58,577€ | 33.9% | 1 | 8,167€ |
| 384 | Lancun03462579 · Personal services | <0.1% | 171,981€ | -23.9% | 4,822€ | 2.8% | 5 | 543€ |
| 385 | M&C03588459 · Hospitality | <0.1% | 171,919€ | +165.1% | 34,595€ | 20.1% | 4 | 1,075€ |
| 386 | Autodok03447880 · Trade | <0.1% | 171,523€ | +30.3% | -16,796€ | -9.8% | 2 | 901€ |
| 387 | LX Events03451488 · Arts & entertainment | <0.1% | 169,909€ | +71.6% | 101,576€ | 59.8% | 1 | 998€ |
| 388 | Paralele03290751 · Professional services | <0.1% | 168,210€ | +41.1% | 10,998€ | 6.5% | 5 | 1,130€ |
| 389 | Luel02379902 · Arts & entertainment | <0.1% | 166,253€ | +216.7% | -43,285€ | -26.0% | 2 | 619€ |
| 390 | Stop02119439 · Trade | <0.1% | 165,876€ | +5.7% | 3,057€ | 1.8% | 4 | 832€ |
| 391 | Hospitality Management Solutions03318800 · Professional services | <0.1% | 165,311€ | -22.5% | -6,682€ | -4.0% | 2 | 2,176€ |
| 392 | Baran03559840 · Construction | <0.1% | 163,064€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 12,938€ | 7.9% | 2 | 1,368€ |
| 393 | Dule Company Trade03118606 · Trade | <0.1% | 162,108€ | +1.1% | 9,117€ | 5.6% | 3 | 566€ |
| 394 | Unipool02429357 · Professional services | <0.1% | 162,050€ | +9.6% | 12,418€ | 7.7% | 3 | 752€ |
| 395 | Stingray03390764 · Hospitality | <0.1% | 161,685€ | -8.1% | 4,466€ | 2.8% | 5 | 604€ |
| 396 | Sentient02725525 · Professional services | <0.1% | 161,617€ | +51.5% | 4,277€ | 2.6% | 3 | 1,233€ |
| 397 | Pršut Shop03008177 · Trade | <0.1% | 161,416€ | -0.1% | -2,531€ | -1.6% | 3 | 1,085€ |
| 398 | Kal Monte02879824 · Administrative services | <0.1% | 161,147€ | +18.9% | -1,837,236€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | — |
| 399 | Biro All03301982 · Professional services | <0.1% | 158,849€ | +24.8% | 7,372€ | 4.6% | 3 | 1,240€ |
| 400 | Hawaii Boat Tours03545121 · Transport & logistics | <0.1% | 158,508€ | +174.9% | 36,289€ | 22.9% | 3 | 686€ |