Revenue
1.1% of Montenegro's revenue
323 companies earned 195.35m€ in 2025, 1.1% of all company revenue in Montenegro. It ranks 14 of 25 municipalities by revenue. Revenue has grown 3.1× since 2015.
1.1% of Montenegro's revenue
24.9 per 1,000 residents · Montenegro 57.3
Largest employer: Donator (339)
Total profit: 12.27m€
Average per employee, not per company
Revenue in € million (bars) and filing companies (below), 2015–2025
| Year | Revenue | Companies |
|---|---|---|
| 2015 | 62,433,657€ | 104 |
| 2016 | 71,672,567€ | 113 |
| 2017 | 81,419,211€ | 123 |
| 2018 | 89,768,113€ | 144 |
| 2019 | 90,274,168€ | 157 |
| 2020 | 82,213,301€ | 179 |
| 2021 | 92,756,736€ | 212 |
| 2022 | 120,944,039€ | 233 |
| 2023 | 137,297,598€ | 264 |
| 2024 | 156,695,982€ | 300 |
| 2025 (Preliminary) | 195,348,694€ | 323 |
† Tuzi became a municipality in 2018; earlier years show companies seated there today
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 1–32 of 32
* 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 | Niagara02437031 · Hospitality | 0.5% | 1,028,887€ | -8.3% | 85,832€ | 8.3% | 18 | 674€ |
| 2 | Paris Mne03575292 · Hospitality | 0.2% | 302,568€ | -16.0% | 4,455€ | 1.5% | 10 | 609€ |
| 3 | Dedivanaj03173534 · Hospitality | 0.1% | 275,967€ | +43.9% | 10,351€ | 3.8% | 7 | 874€ |
| 4 | Vikriant02913658 · Hospitality | 0.1% | 260,938€ | -1.0% | -4,265€ | -1.6% | 14 | 630€ |
| 5 | Pranvera03399125 · Hospitality | 0.1% | 195,983€ | +2,138.3% | 23,744€ | 12.1% | 5 | 861€ |
| 6 | Kola03233529 · Hospitality | <0.1% | 175,547€ | +1.6% | 7,314€ | 4.2% | 6 | 661€ |
| 7 | Saraj - M02779056 · Hospitality | <0.1% | 119,613€ | +33.3% | 9,747€ | 8.1% | 5 | 675€ |
| 8 | Ariana.Company03364674 · Hospitality | <0.1% | 101,416€ | +1.0% | 5,931€ | 5.8% | 2 | 790€ |
| 9 | Liria-Hotel02910144 · Hospitality | <0.1% | 95,472€ | -15.1% | -24,975€ | -26.2% | 5 | 610€ |
| 10 | Tasty MMM03248445 · Hospitality | <0.1% | 91,760€ | +2.5% | 3,636€ | 4.0% | 3 | 437€ |
| 11 | Mateo-Teo03691772 · Hospitality | <0.1% | 67,780€ | +203.5% | 66€ | 0.1% | 3 | 541€ |
| 12 | Kacel03522997 · Hospitality | <0.1% | 65,181€ | -2.1% | 1,490€ | 2.3% | 3 | 655€ |
| 13 | Mata Hari-Suković02072009 · Hospitality | <0.1% | 59,332€ | +77.5% | 2,035€ | 3.4% | 4 | — |
| 14 | Lind03348717 · Hospitality | <0.1% | 55,390€ | +79.7% | -8,819€ | -15.9% | 2 | — |
| 15 | CG-Joker03036073 · Hospitality | <0.1% | 36,944€ | -3.0% | 3,369€ | 9.1% | 2 | 826€ |
| 16 | Spektra Star03173208 · Hospitality | <0.1% | 32,937€ | +5.7% | -4,850€ | -14.7% | 1 | 1,017€ |
| 17 | Siari03741974 · Hospitality | <0.1% | 32,282€ | No filing for 2024. | 2,701€ | 8.4% | 1 | 1,077€ |
| 18 | Fantasy Corner03738990 · Hospitality | <0.1% | 30,809€ | No filing for 2024. | 2,769€ | 9.0% | 1 | 1,671€ |
| 19 | PE&NI03745619 · Hospitality | <0.1% | 30,633€ | No filing for 2024. | -13,263€ | -43.3% | 5 | 426€ |
| 20 | M.S.M. Đurašaj03118681 · Hospitality | <0.1% | 29,934€ | +54.9% | -13,743€ | -45.9% | 2 | 514€ |
| 21 | Kafe Bar Leandro C03283933 · Hospitality | <0.1% | 22,172€ | -5.1% | 205€ | 0.9% | 1 | 788€ |
| 22 | L' Express03747433 · Hospitality | <0.1% | 22,009€ | No filing for 2024. | 1,453€ | 6.6% | 2 | 540€ |
| 23 | Denial Company03314839 · Hospitality | <0.1% | 12,102€ | +59.2% | -8,636€ | -71.4% | 2 | — |
| 24 | Park 1 Piceria03788903 · Hospitality | <0.1% | 8,316€ | No filing for 2024. | -3,183€ | -38.3% | 0 | — |
| 25 | Randevu03202224 · Hospitality | <0.1% | 5,221€ | +10.1% | -7,728€ | -148.0% | 1 | 699€ |
| 26 | Besa ML03583392 · Hospitality | <0.1% | 1,666€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -7,087€ | -425.4% | 1 | 678€ |
| 27 | Dedvukaj03229360 · Hospitality | <0.1% | 1€ | 0.0% | 0€ | 0.0% | 1 | — |
| 28 | L.L. Investments03760391 · Hospitality | 0.0% | 0€ | No filing for 2024. | -4,821€ | — | 1 | 402€ |
| 29 | Rozana02404923 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 0€ | — | — | — |
| 30 | Kod Coka03802094 · Hospitality | 0.0% | 0€ | No filing for 2024. | -1,019€ | — | 1 | — |
| 31 | Zef's Centar02740320 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -1€ | — | — | — |
| 32 | M.A.R.S.02999544 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -10,749€ | — | 2 | 424€ |