Revenue
2.3% of Montenegro's revenue
2,199 companies earned 406.52m€ in 2025, 2.3% of all company revenue in Montenegro. It ranks 11 of 18 sectors by revenue. Revenue has grown 3.1× since 2015.
2.3% of Montenegro's revenue
1,361 with at most one employee
Largest employer: Dekra Privremeno Zapošljavanje (879)
Total profit: 13.70m€
Average per employee, not per company
Revenue in € million (bars) and filing companies (below), 2015–2025
| Year | Revenue | Companies |
|---|---|---|
| 2015 | 131,848,182€ | 666 |
| 2016 | 155,926,764€ | 712 |
| 2017 | 182,739,425€ | 814 |
| 2018 | 200,745,925€ | 934 |
| 2019 | 227,758,156€ | 1,093 |
| 2020 | 133,450,266€ | 1,203 |
| 2021 | 171,079,177€ | 1,355 |
| 2022 | 238,155,350€ | 1,637 |
| 2023 | 324,336,681€ | 1,985 |
| 2024 | 362,653,116€ | 2,177 |
| 2025 (Preliminary) | 406,522,105€ | 2,199 |
Growth is measured on the same companies, which filed for both years.
Share of the sector's revenue
Revenue change vs 2024, companies with at least 1m€ that year
Employees and payroll cost per employee per month*
Ranked by total revenue · Showing 101–150 of 2,199
* 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 →
Totals include 17 sole proprietors: natural persons whose statements are shown only in aggregate, never by name. The company count excludes them. How we calculate →
| Employees |
|---|
| Payroll cost/emp./mo* |
|---|
| 101 | Star Car Company03266559 · Podgorica | 0.2% | 761,345€ | +10.7% | 26,240€ | 3.4% | 2 | 1,064€ |
| 102 | Copy Center02918536 · Podgorica | 0.2% | 753,886€ | -8.3% | 4,878€ | 0.6% | 12 | 1,803€ |
| 103 | Montenegro In Style03130517 · Tivat | 0.2% | 751,236€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 120,166€ | 16.0% | 2 | 1,955€ |
| 104 | Bim Security02895773 · Budva | 0.2% | 735,500€ | +30.6% | 42,598€ | 5.8% | 50 | 1,015€ |
| 105 | SKY Tours Montenegro02452502 · Nikšić | 0.2% | 723,011€ | +113.7% | 5,566€ | 0.8% | 1 | 8,744€ |
| 106 | Guard F.T.O.02726467 · Budva | 0.2% | 711,732€ | +33.2% | 72,546€ | 10.2% | 48 | 917€ |
| 107 | Rams Explorer03078159 · Bijelo Polje | 0.2% | 710,302€ | +7.9% | 5,019€ | 0.7% | 6 | 1,234€ |
| 108 | Sectron Montenegro03152260 · Podgorica | 0.2% | 706,338€ | +43.7% | 57,314€ | 8.1% | 8 | 1,409€ |
| 109 | Monte Sound02964252 · Podgorica | 0.2% | 696,792€ | +41.8% | 240,716€ | 34.5% | 6 | 1,395€ |
| 110 | North Pack03695778 · Podgorica | 0.2% | 675,125€ | +284.4% | 25,636€ | 3.8% | 0 | — |
| 111 | Dolphin02388464 · Herceg Novi | 0.2% | 655,857€ | -6.9% | 16,857€ | 2.6% | 11 | 1,449€ |
| 112 | Energyzer03069958 · Podgorica | 0.2% | 653,822€ | -13.0% | 3,722€ | 0.6% | 3 | 653€ |
| 113 | Connect Travel02759454 · Herceg Novi | 0.2% | 652,756€ | +16.7% | 4,694€ | 0.7% | 3 | 928€ |
| 114 | GB Tourism and Management03443370 · Podgorica | 0.2% | 652,212€ | +9.4% | -24,697€ | -3.8% | 10 | 889€ |
| 115 | Roki Company02916614 · Cetinje | 0.2% | 650,781€ | +8.8% | 10,462€ | 1.6% | 3 | 707€ |
| 116 | Ast Mobil03508137 · Podgorica | 0.2% | 646,081€ | -2.1% | 7,969€ | 1.2% | 5 | 1,084€ |
| 117 | Gigs Tix Montenegro03012182 · Podgorica | 0.2% | 630,558€ | -14.7% | 27,012€ | 4.3% | 1 | 1,902€ |
| 118 | Dsa02631393 · Budva | 0.2% | 624,203€ | -4.1% | 1,223€ | 0.2% | 5 | 678€ |
| 119 | Gi Group HR Solutions02618192 · Podgorica | 0.2% | 623,758€ | +20.6% | 9,011€ | 1.4% | 5 | 8,648€ |
| 120 | Jet Travel02868814 · Podgorica | 0.1% | 608,311€ | -2.6% | -32,644€ | -5.4% | 3 | 1,404€ |
| 121 | Gulliver Montenegro02436477 · Budva | 0.1% | 604,715€ | +13.1% | 71,955€ | 11.9% | 19 | 958€ |
| 122 | Guliver02904870 · Podgorica | 0.1% | 604,305€ | +264.7% | -12,093€ | -2.0% | 3 | 996€ |
| 123 | North Tour Montenegro03175871 · Kolašin | 0.1% | 581,995€ | +40.4% | 57,924€ | 10.0% | 4 | 1,247€ |
| 124 | C & A Commpany03096572 · Ulcinj | 0.1% | 581,406€ | +2.9% | 148,425€ | 25.5% | 6 | 675€ |
| 125 | Renault Rent A Car02364956 · Nikšić | 0.1% | 568,132€ | +22.3% | 22,312€ | 3.9% | 4 | 1,028€ |
| 126 | Gold Travel03326128 · Podgorica | 0.1% | 567,742€ | +113.8% | 193,805€ | 34.1% | 5 | 1,596€ |
| 127 | Hayat Travel03291316 · Bar | 0.1% | 564,134€ | +14.4% | 64,258€ | 11.4% | 2 | 1,077€ |
| 128 | Cosmopolitan DMC03288463 · Podgorica | 0.1% | 555,617€ | +24.9% | 37,962€ | 6.8% | 2 | 3,951€ |
| 129 | Arka02372363 · Nikšić | 0.1% | 555,264€ | +24.1% | 1,495€ | 0.3% | 2 | 587€ |
| 130 | Pijace/Tregu03399109 · Tuzi | 0.1% | 538,188€ | -0.9% | -32,982€ | -6.1% | 38 | 1,003€ |
| 131 | Surprice Montenegro03024075 · Podgorica | 0.1% | 536,955€ | +11.8% | 19,701€ | 3.7% | 7 | 817€ |
| 132 | MTL Rent A Car03397700 · Podgorica | 0.1% | 526,461€ | +183.4% | 92,950€ | 17.7% | 4 | 817€ |
| 133 | Luna Web03374670 · Podgorica | 0.1% | 520,402€ | +17.5% | 5,930€ | 1.1% | 25 | 1,532€ |
| 134 | Advance Security Solutions03562867 · Podgorica | 0.1% | 517,161€ | +39.9% | 40,310€ | 7.8% | 16 | 1,208€ |
| 135 | W-Concierge03699579 · Herceg Novi | 0.1% | 507,850€ | +2,091.8% | 1,082€ | 0.2% | 1 | 468€ |
| 136 | Meridian DMC02707047 · Kotor | 0.1% | 499,180€ | +31.8% | 3,310€ | 0.7% | 8 | 835€ |
| 137 | Zetagradnja - Održavanje03300714 · Podgorica | 0.1% | 498,294€ | +16.3% | -1,771€ | -0.4% | 21 | 1,147€ |
| 138 | 2montenegro DMC03733211 · Berane | 0.1% | 497,049€ | No filing for 2024. | 55,370€ | 11.1% | 2 | 2,789€ |
| 139 | Fenix-T02854058 · Podgorica | 0.1% | 494,627€ | +12.5% | 20,616€ | 4.2% | 19 | 710€ |
| 140 | Nikena Trade03321959 · Podgorica | 0.1% | 491,937€ | +7.0% | 15,131€ | 3.1% | 4 | 2,625€ |
| 141 | Putnik San-Tours17618032 · Bijelo Polje | 0.1% | 491,321€ | +8.4% | 1,672€ | 0.3% | 1 | 419€ |
| 142 | Intours Plus Turistička Agencija02761394 · Podgorica | 0.1% | 487,810€ | -3.5% | 667€ | 0.1% | 1 | 1,182€ |
| 143 | Montenegroturist02005379 · Budva | 0.1% | 487,094€ | +2,163.3% | 243,148€ | 49.9% | 1 | 2,595€ |
| 144 | Odigitrija02287005 · Budva | 0.1% | 484,807€ | +37.0% | 11,276€ | 2.3% | 6 | 1,134€ |
| 145 | As Holding03470164 · Podgorica | 0.1% | 484,688€ | +25.9% | 13,578€ | 2.8% | 3 | 755€ |
| 146 | Carogo Group03628035 · Tivat | 0.1% | 478,814€ | +83.0% | 70,972€ | 14.8% | 4 | 852€ |
| 147 | MVM Montenegro03080641 · Podgorica | 0.1% | 475,977€ | +31.6% | 2,891€ | 0.6% | 11 | 2,006€ |
| 148 | Jadranski Sajam02005514 · Budva | 0.1% | 474,424€ | +18.4% | 49,574€ | 10.4% | 4 | 5,541€ |
| 149 | Vipturs02760819 · Budva | 0.1% | 473,389€ | -4.3% | 386€ | 0.1% | 2 | 717€ |
| 150 | Sap02983265 · Nikšić | 0.1% | 471,955€ | -6.5% | 2,332€ | 0.5% | 3 | 1,015€ |