Revenue
1.6% of Montenegro's revenue
934 companies earned 282.81m€ in 2025, 1.6% of all company revenue in Montenegro. It ranks 10 of 25 municipalities by revenue. Revenue has grown 3.6× since 2015.
1.6% of Montenegro's revenue
45.5 per 1,000 residents · Montenegro 57.3
Largest employer: Cungu & Co (289)
Total profit: 15.13m€
Average per employee, not per company
Revenue in € million (bars) and filing companies (below), 2015–2025
| Year | Revenue | Companies |
|---|---|---|
| 2015 | 77,677,533€ | 450 |
| 2016 | 85,949,229€ | 476 |
| 2017 | 97,126,182€ | 514 |
| 2018 | 109,246,063€ | 563 |
| 2019 | 122,083,408€ | 631 |
| 2020 | 85,616,803€ | 684 |
| 2021 | 118,582,868€ | 739 |
| 2022 | 188,717,053€ | 809 |
| 2023 | 229,349,373€ | 868 |
| 2024 | 256,859,958€ | 924 |
| 2025 (Preliminary) | 282,808,103€ | 934 |
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 51–100 of 200
* 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* |
|---|
| 51 | Evropa Beach02459515 · Hospitality | <0.1% | 245,387€ | +13.0% | -21,779€ | -8.9% | 5 | 795€ |
| 52 | Margioni03407039 · Hospitality | <0.1% | 230,633€ | +105.5% | 28,680€ | 12.4% | 6 | 825€ |
| 53 | Tikas03751791 · Hospitality | <0.1% | 218,891€ | No filing for 2024. | 18,376€ | 8.4% | 4 | 555€ |
| 54 | Instant Commerce03144445 · Hospitality | <0.1% | 214,026€ | +0.7% | 48,316€ | 22.6% | 4 | 707€ |
| 55 | Restoran Royal03356647 · Hospitality | <0.1% | 194,950€ | -1.7% | 9,112€ | 4.7% | 5 | 978€ |
| 56 | Pino Company03306569 · Hospitality | <0.1% | 190,821€ | +3.5% | 6,487€ | 3.4% | 3 | 908€ |
| 57 | Kruče Tours02208792 · Hospitality | <0.1% | 183,412€ | +1.9% | 7,983€ | 4.4% | 5 | 637€ |
| 58 | Katana Lux03170128 · Hospitality | <0.1% | 181,876€ | +17.3% | 81,649€ | 44.9% | 4 | 838€ |
| 59 | Adea L03218929 · Hospitality | <0.1% | 179,961€ | -7.6% | 4,613€ | 2.6% | 6 | 1,062€ |
| 60 | Sanes03086640 · Hospitality | <0.1% | 173,838€ | -2.5% | -10,447€ | -6.0% | 5 | 1,095€ |
| 61 | Sarito03596451 · Hospitality | <0.1% | 173,626€ | -36.2% | -23,180€ | -13.4% | 4 | 510€ |
| 62 | BNB Company02832275 · Hospitality | <0.1% | 167,906€ | +20.0% | 16,556€ | 9.9% | 5 | 549€ |
| 63 | Hamburger02344629 · Hospitality | <0.1% | 163,203€ | +18.8% | -1,552€ | -1.0% | 5 | 676€ |
| 64 | Sivan03662420 · Hospitality | <0.1% | 162,921€ | +16.4% | 39,172€ | 24.0% | 5 | 409€ |
| 65 | Hotel Padam & Spa03170756 · Hospitality | <0.1% | 160,316€ | +50.1% | 1,267€ | 0.8% | 5 | 705€ |
| 66 | Bakalli 202303546071 · Hospitality | <0.1% | 159,562€ | +64.2% | 4,466€ | 2.8% | 3 | 426€ |
| 67 | Il Freddo Group03441407 · Hospitality | <0.1% | 159,417€ | -10.7% | 4,399€ | 2.8% | 2 | 1,279€ |
| 68 | Vali Com02897873 · Hospitality | <0.1% | 154,375€ | -7.9% | 3,847€ | 2.5% | 6 | 678€ |
| 69 | Restoran Trio03314421 · Hospitality | <0.1% | 150,613€ | -25.3% | 42,553€ | 28.3% | 2 | 524€ |
| 70 | Šamador03159663 · Hospitality | <0.1% | 145,346€ | +27.9% | 1,112€ | 0.8% | 1 | 725€ |
| 71 | Julimat & Co03506509 · Hospitality | <0.1% | 139,993€ | +8.9% | 27,203€ | 19.4% | 2 | 678€ |
| 72 | Libertas Tours02753812 · Hospitality | <0.1% | 138,725€ | +28.9% | 130€ | 0.1% | 3 | 774€ |
| 73 | Unico Hija03360423 · Hospitality | <0.1% | 138,650€ | +18.7% | 4,081€ | 2.9% | 2 | 1,846€ |
| 74 | Pelivan02825791 · Hospitality | <0.1% | 134,427€ | +15.2% | -12,181€ | -9.1% | 9 | 734€ |
| 75 | Shasium02630958 · Hospitality | <0.1% | 126,985€ | +87.1% | -1,385€ | -1.1% | 5 | 569€ |
| 76 | Star of Montenegro02303833 · Hospitality | <0.1% | 126,192€ | +2.2% | 53,499€ | 42.4% | 3 | 1,417€ |
| 77 | Halibas03157008 · Hospitality | <0.1% | 124,570€ | -23.1% | -20,069€ | -16.1% | 3 | 599€ |
| 78 | Natural Beach02999463 · Hospitality | <0.1% | 123,803€ | -14.1% | -31,356€ | -25.3% | 3 | 554€ |
| 79 | Kapllanbegu02904209 · Hospitality | <0.1% | 123,751€ | +3.4% | -32,881€ | -26.6% | 5 | 681€ |
| 80 | B03340694 · Hospitality | <0.1% | 123,112€ | +8.5% | -3,154€ | -2.6% | 4 | 855€ |
| 81 | Plaza X03748995 · Hospitality | <0.1% | 120,382€ | No filing for 2024. | 25,977€ | 21.6% | 2 | 462€ |
| 82 | Scandinavian Home03148530 · Hospitality | <0.1% | 119,884€ | -17.7% | -26,407€ | -22.0% | 6 | — |
| 83 | Bellavista02115123 · Hospitality | <0.1% | 113,688€ | -12.1% | 13,015€ | 11.4% | 5 | 821€ |
| 84 | Urim & Alba02674432 · Hospitality | <0.1% | 111,522€ | -3.9% | -5,056€ | -4.5% | 6 | 899€ |
| 85 | Paradise Beach03084051 · Hospitality | <0.1% | 110,632€ | +41.9% | -26,097€ | -23.6% | 2 | 345€ |
| 86 | WL Job03091295 · Hospitality | <0.1% | 108,954€ | +8.6% | 35,803€ | 32.9% | 2 | 525€ |
| 87 | Ekko03355152 · Hospitality | <0.1% | 108,590€ | -11.6% | 698€ | 0.6% | 4 | 739€ |
| 88 | Marinus03438376 · Hospitality | <0.1% | 104,610€ | -35.5% | -22,666€ | -21.7% | 6 | 728€ |
| 89 | Anarb02928094 · Hospitality | <0.1% | 98,248€ | +11.6% | 9,864€ | 10.0% | 4 | 665€ |
| 90 | Ambiente&Co03259790 · Hospitality | <0.1% | 94,165€ | -19.3% | -1,633€ | -1.7% | 4 | 535€ |
| 91 | 3 Ways03652505 · Hospitality | <0.1% | 90,636€ | +2.3% | -1,224€ | -1.4% | 3 | 604€ |
| 92 | The Pier03352650 · Hospitality | <0.1% | 89,483€ | -9.7% | 23,488€ | 26.2% | 1 | — |
| 93 | Orgo03311724 · Hospitality | <0.1% | 79,231€ | +0.6% | -5,896€ | -7.4% | 3 | 646€ |
| 94 | Teuta02127911 · Hospitality | <0.1% | 76,593€ | +0.4% | -13,628€ | -17.8% | 3 | 626€ |
| 95 | Te Ortaket03237567 · Hospitality | <0.1% | 71,086€ | -13.3% | 2,514€ | 3.5% | 2 | 970€ |
| 96 | Mia Angela03445828 · Hospitality | <0.1% | 70,468€ | +22.8% | 871€ | 1.2% | 2 | 707€ |
| 97 | M&N Holiday Resort03638367 · Hospitality | <0.1% | 68,449€ | +160.7% | -24,590€ | -35.9% | 4 | 716€ |
| 98 | Salinas Nest03528286 · Hospitality | <0.1% | 66,891€ | +23.0% | 24,753€ | 37.0% | 3 | 410€ |
| 99 | Dajti Company03709396 · Hospitality | <0.1% | 66,220€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 8,625€ | 13.0% | 2 | — |
| 100 | Rexha Brothers03341615 · Hospitality | <0.1% | 57,237€ | -13.4% | -17,984€ | -31.4% | 4 | 515€ |