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 151–200 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* |
|---|
| 151 | Globexco03649245 · Hospitality | <0.1% | 124€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -17,180€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 2 | 686€ |
| 152 | Kamp Bella Vista03803325 · Hospitality | <0.1% | 100€ | No filing for 2024. | 0€ | 0.0% | 1 | — |
| 153 | Stefandro02875349 · Hospitality | <0.1% | 64€ | -100.0% | -25,094€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 678€ |
| 154 | Fitorja J&E03501159 · Hospitality | <0.1% | 1€ | 0.0% | 0€ | 0.0% | 1 | — |
| 155 | Asllani Company03801411 · Hospitality | 0.0% | 0€ | No filing for 2024. | -1,565€ | — | 1 | — |
| 156 | Baroni Com03076130 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -38,056€ | — | 1 | 678€ |
| 157 | Dona Events03626296 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -10,856€ | — | 1 | — |
| 158 | Allsade03807355 · Hospitality | 0.0% | 0€ | No filing for 2024. | -676€ | — | 1 | — |
| 159 | Alsabe03773396 · Hospitality | 0.0% | 0€ | No filing for 2024. | -4,464€ | — | 1 | 324€ |
| 160 | Altea Hotels03467384 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,272€ | — | 1 | 678€ |
| 161 | Atelje Hasić03758273 · Hospitality | 0.0% | 0€ | No filing for 2024. | -263€ | — | 1 | — |
| 162 | Cult Ulcinj03801969 · Hospitality | 0.0% | 0€ | No filing for 2024. | -960€ | — | 0 | — |
| 163 | Da Chevron03661628 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,264€ | — | 1 | 689€ |
| 164 | Dal Mare03516156 · Hospitality | 0.0% | 0€ | -100.0% | -1€ | — | 1 | — |
| 165 | Daviduna Trade03304299 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -6,373€ | — | 1 | 341€ |
| 166 | Div-Green03395448 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,465€ | — | 2 | — |
| 167 | DKK Invest03680371 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -6,789€ | — | 1 | 547€ |
| 168 | Fishka Art03086674 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -901€ | — | 1 | — |
| 169 | Getto Group03449858 · Hospitality | 0.0% | 0€ | -100.0% | -9,177€ | — | 1 | 678€ |
| 170 | Homes & Villas BY Eid03465128 · Hospitality | 0.0% | 0€ | -100.0% | -13,846€ | — | 1 | 700€ |
| 171 | Ipek Asli03776484 · Hospitality | 0.0% | 0€ | No filing for 2024. | -3,099€ | — | 1 | — |
| 172 | Kulla E Balshajve03067475 · Hospitality | 0.0% | 0€ | -100.0% | -4,688€ | — | 1 | — |
| 173 | Majestik Mne03746712 · Hospitality | 0.0% | 0€ | No filing for 2024. | -1€ | — | 1 | — |
| 174 | Maraj Group03658139 · Hospitality | 0.0% | 0€ | -100.0% | -5,125€ | — | 1 | 424€ |
| 175 | More Denis03685691 · Hospitality | 0.0% | 0€ | No filing for 2024. | 0€ | — | — | — |
| 176 | Posh03565319 · Hospitality | 0.0% | 0€ | No filing for 2024. | -8,139€ | — | 0 | — |
| 177 | Randy Group03486508 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,139€ | — | 1 | 675€ |
| 178 | Riva Beci03085627 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,070€ | — | 1 | 339€ |
| 179 | Trebol03690407 · Hospitality | 0.0% | 0€ | No filing for 2024. | -165€ | — | 1 | — |
| 180 | Trio Unico03431088 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,139€ | — | 1 | 678€ |
| 181 | Valdanos Z&M03551687 · Hospitality | 0.0% | 0€ | -100.0% | -16,178€ | — | 1 | 685€ |
| 182 | Vero Company03756173 · Hospitality | 0.0% | 0€ | No filing for 2024. | -5,336€ | — | 1 | 445€ |
| 183 | V.V Residency Group03582272 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,193€ | — | 1 | 677€ |
| 184 | Pipo VSBB02677415 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 0€ | — | — | — |
| 185 | Mersidi02881608 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,101€ | — | 1 | 674€ |
| 186 | Dorian03099229 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -1€ | — | 1 | — |
| 187 | Dorina Montenegro03453057 · Hospitality | 0.0% | 0€ | -100.0% | -8,170€ | — | 1 | 678€ |
| 188 | TCC Company03326853 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,102€ | — | 1 | 674€ |
| 189 | Masha02462842 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,991€ | — | 1 | 339€ |
| 190 | Euro 102875799 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,101€ | — | 1 | 675€ |
| 191 | Hollegro Tours02789256 · Hospitality | 0.0% | 0€ | -100.0% | 0€ | — | — | — |
| 192 | Imperia Troy Hotel Group03054098 · Hospitality | 0.0% | 0€ | -100.0% | 0€ | — | — | — |
| 193 | Molloko02883457 · Hospitality | 0.0% | 0€ | -100.0% | 0€ | — | — | — |
| 194 | Olivia - X-H-C03284719 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,093€ | — | 1 | 339€ |
| 195 | Ovčar07181671 · Hospitality | 0.0% | 0€ | -100.0% | 0€ | — | — | — |
| 196 | Rexha Deluxe Exclusive03279839 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -1€ | — | 1 | — |
| 197 | S & A Company03484165 · Hospitality | 0.0% | 0€ | -100.0% | -5,454€ | — | 1 | 338€ |
| 198 | Sport City03030288 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -16,149€ | — | 1 | 675€ |
| 199 | Teara03586839 · Hospitality | 0.0% | 0€ | -100.0% | 0€ | — | — | — |
| 200 | Zandoni02307707 · Hospitality | 0.0% | 0€ | -100.0% | 0€ | — | — | — |