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 1–50 of 332
* 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* |
|---|
| 1 | Genmont03368459 · Professional services | 0.5% | 3,705,549€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 3,389,001€ | 91.5% | 1 | 563€ |
| 2 | Balance Ak03368955 · Professional services | 0.4% | 3,074,277€ | +1,168,826.6% | 2,908,552€ | 94.6% | 1 | 563€ |
| 3 | Noblewood Group03443833 · Professional services | 0.2% | 1,509,811€ | +9.4% | 72,056€ | 4.8% | 1 | 17,467€ |
| 4 | Adriatic Bay Corporation03181642 · Professional services | 0.1% | 1,015,307€ | -8.4% | 200,044€ | 19.7% | 16 | 979€ |
| 5 | Seven Architecture&Construction03193012 · Professional services | 0.1% | 946,174€ | -58.1% | 70,911€ | 7.5% | 6 | 1,269€ |
| 6 | Moritz Eis02914247 · Professional services | 0.1% | 938,322€ | -4.1% | 136,897€ | 14.6% | 8 | 1,845€ |
| 7 | KGC03143309 · Professional services | 0.1% | 779,465€ | +54.0% | 295,434€ | 37.9% | 9 | 2,795€ |
| 8 | BRP Advisory & Management Services03041697 · Professional services | <0.1% | 492,729€ | -73.7% | 36,910€ | 7.5% | 1 | 2,229€ |
| 9 | Vodacom02426331 · Professional services | <0.1% | 417,030€ | -17.5% | 31,892€ | 7.6% | 12 | 2,194€ |
| 10 | Geogrid03352048 · Professional services | <0.1% | 374,212€ | +50.7% | 169,123€ | 45.2% | 7 | 1,365€ |
| 11 | Cube 903704556 · Professional services | <0.1% | 338,412€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 125,211€ | 37.0% | 2 | 5,510€ |
| 12 | Montenegro Marine Surveys02928221 · Professional services | <0.1% | 329,467€ | +21.6% | 56,659€ | 17.2% | 3 | 1,374€ |
| 13 | Invar Ivošević02175967 · Professional services | <0.1% | 308,715€ | +5.9% | 11,366€ | 3.7% | 11 | 1,150€ |
| 14 | NS Consult03078922 · Professional services | <0.1% | 298,108€ | +5.6% | 92,815€ | 31.1% | 8 | 1,368€ |
| 15 | Lutovac Arhitektonski Studio03703312 · Professional services | <0.1% | 297,918€ | +1,342.8% | 33,693€ | 11.3% | 4 | 1,236€ |
| 16 | CSS - Comprehensive Structural Solutions03202402 · Professional services | <0.1% | 272,946€ | +102.6% | 60,974€ | 22.3% | 3 | 2,496€ |
| 17 | TDM Advisory03660435 · Professional services | <0.1% | 263,481€ | +42.6% | 169,377€ | 64.3% | 1 | 1,724€ |
| 18 | Naiva03204529 · Professional services | <0.1% | 260,740€ | +22.9% | 42,176€ | 16.2% | 4 | 1,057€ |
| 19 | Nikmar02434849 · Professional services | <0.1% | 260,719€ | +1,353.3% | -34,547€ | -13.3% | 6 | 866€ |
| 20 | MGT Architects & Design03112284 · Professional services | <0.1% | 231,930€ | -16.8% | 11,800€ | 5.1% | 2 | 1,238€ |
| 21 | Manbiva03038254 · Professional services | <0.1% | 227,477€ | +20.3% | 25,469€ | 11.2% | 3 | 1,062€ |
| 22 | Nicenace03169057 · Professional services | <0.1% | 225,705€ | -41.6% | 20,622€ | 9.1% | 1 | 930€ |
| 23 | Una Safety and Service02869292 · Professional services | <0.1% | 215,695€ | -12.1% | 54,546€ | 25.3% | 3 | 1,357€ |
| 24 | Adria Vet03407551 · Professional services | <0.1% | 211,809€ | +27.0% | 12,427€ | 5.9% | 3 | 1,423€ |
| 25 | Honeycombs Consulting03351092 · Professional services | <0.1% | 211,553€ | -30.1% | 97,391€ | 46.0% | 1 | 1,405€ |
| 26 | Bulajić S03535797 · Professional services | <0.1% | 210,787€ | +17.5% | 13,195€ | 6.3% | 13 | 1,129€ |
| 27 | Riva Print02861160 · Professional services | <0.1% | 197,649€ | +13.9% | 2,672€ | 1.4% | 4 | 930€ |
| 28 | Madok Finance03106918 · Professional services | <0.1% | 184,678€ | +19.3% | 19,391€ | 10.5% | 6 | 1,801€ |
| 29 | Sonic02741032 · Professional services | <0.1% | 179,019€ | -3.6% | 45,611€ | 25.5% | 6 | 799€ |
| 30 | Stern To Bow03725065 · Professional services | <0.1% | 172,651€ | No filing for 2024. | 58,577€ | 33.9% | 1 | 8,167€ |
| 31 | Paralele03290751 · Professional services | <0.1% | 168,210€ | +41.1% | 10,998€ | 6.5% | 5 | 1,130€ |
| 32 | Hospitality Management Solutions03318800 · Professional services | <0.1% | 165,311€ | -22.5% | -6,682€ | -4.0% | 2 | 2,176€ |
| 33 | Unipool02429357 · Professional services | <0.1% | 162,050€ | +9.6% | 12,418€ | 7.7% | 3 | 752€ |
| 34 | Sentient02725525 · Professional services | <0.1% | 161,617€ | +51.5% | 4,277€ | 2.6% | 3 | 1,233€ |
| 35 | Biro All03301982 · Professional services | <0.1% | 158,849€ | +24.8% | 7,372€ | 4.6% | 3 | 1,240€ |
| 36 | Projektor02720892 · Professional services | <0.1% | 157,961€ | -21.1% | 1,863€ | 1.2% | 4 | 1,216€ |
| 37 | Katalyst03008355 · Professional services | <0.1% | 156,471€ | -34.0% | 51,409€ | 32.9% | 1 | 676€ |
| 38 | Ardado Consulting03154335 · Professional services | <0.1% | 155,745€ | +22.8% | 47,006€ | 30.2% | 4 | 1,783€ |
| 39 | Faby Trade and Consulting03229173 · Professional services | <0.1% | 148,852€ | +289.4% | 29,981€ | 20.1% | 1 | 675€ |
| 40 | GB Montenegro Architecture03169251 · Professional services | <0.1% | 148,526€ | +90.2% | 68,496€ | 46.1% | 4 | 680€ |
| 41 | GNM02370018 · Professional services | <0.1% | 148,440€ | +7.7% | 11,238€ | 7.6% | 8 | 1,148€ |
| 42 | ‘’eleven Controls Montenegro02971356 · Professional services | <0.1% | 144,251€ | -25.3% | 29,207€ | 20.2% | 2 | 922€ |
| 43 | Montpass03488071 · Professional services | <0.1% | 141,719€ | -51.3% | 14,413€ | 10.2% | 3 | 1,153€ |
| 44 | Gorje02689863 · Professional services | <0.1% | 129,083€ | +17.0% | 14,875€ | 11.5% | 4 | 1,189€ |
| 45 | Ecostar Europe03255166 · Professional services | <0.1% | 128,874€ | +324.4% | 110,065€ | 85.4% | 1 | 677€ |
| 46 | Mirna Robert Epidemiology03264998 · Professional services | <0.1% | 127,433€ | -23.8% | 67,366€ | 52.9% | 2 | 428€ |
| 47 | Artkon03238920 · Professional services | <0.1% | 126,232€ | +71.8% | 23,042€ | 18.3% | 2 | 1,141€ |
| 48 | The Host03275442 · Professional services | <0.1% | 125,000€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 72,562€ | 58.0% | 1 | 3,203€ |
| 49 | Bhe Nautical Nexus03662101 · Professional services | <0.1% | 123,854€ | +299.7% | 62,852€ | 50.7% | 2 | 1,106€ |
| 50 | Carestream Financial Services03312160 · Professional services | <0.1% | 121,210€ | -64.4% | -76,455€ | -63.1% | 2 | 3,545€ |