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 201–250 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* |
|---|
| 201 | Happy Land03120953 · Budva | <0.1% | 343,145€ | -23.5% | 7,827€ | 2.3% | 2 | 802€ |
| 202 | Pidra02981726 · Podgorica | <0.1% | 340,860€ | -14.9% | -36,924€ | -10.8% | 7 | 473€ |
| 203 | Amon Express02260387 · Budva | <0.1% | 335,539€ | +15.2% | 114,013€ | 34.0% | 4 | 732€ |
| 204 | B&H Ventures03048195 · Budva | <0.1% | 334,973€ | +30.9% | 16,610€ | 5.0% | 3 | 1,529€ |
| 205 | Asgard Business Solutions03419720 · Bar | <0.1% | 328,382€ | -20.2% | 1,741€ | 0.5% | 2 | 1,901€ |
| 206 | Guardian World02387620 · Nikšić | <0.1% | 326,230€ | -44.5% | -406,566€ | -124.6% | 20 | 1,286€ |
| 207 | Llolla Company02325705 · Ulcinj | <0.1% | 326,141€ | +64.9% | 74,450€ | 22.8% | 5 | 1,513€ |
| 208 | MW Company03237443 · Cetinje | <0.1% | 324,100€ | -0.6% | 57,758€ | 17.8% | 3 | 621€ |
| 209 | Protector02387999 · Budva | <0.1% | 321,044€ | +9.8% | -4,424€ | -1.4% | 19 | 1,218€ |
| 210 | Laika Travel Montenegro03650383 · Podgorica | <0.1% | 315,782€ | +285.2% | 31,381€ | 9.9% | 2 | 953€ |
| 211 | G4S Security Services Crna Gora02447967 · Podgorica | <0.1% | 315,455€ | +70.8% | 40,899€ | 13.0% | 22 | 889€ |
| 212 | Urban Alpinist03012808 · Danilovgrad | <0.1% | 314,115€ | -6.5% | -30,128€ | -9.6% | 8 | 1,622€ |
| 213 | Vukčević Trade02757702 · Bar | <0.1% | 312,310€ | -25.1% | 31,759€ | 10.2% | 17 | 1,059€ |
| 214 | Montenegro Shorex02964210 · Kotor | <0.1% | 308,074€ | +2.1% | 31,969€ | 10.4% | 8 | 1,265€ |
| 215 | Global Experts03681769 · Tivat | <0.1% | 306,983€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 11,362€ | 3.7% | 1 | 11,627€ |
| 216 | Mappamondo02672561 · Podgorica | <0.1% | 305,409€ | +59.8% | 42,874€ | 14.0% | 6 | 821€ |
| 217 | Artline Beauty03338967 · Budva | <0.1% | 304,809€ | +2.6% | 2,247€ | 0.7% | 7 | 990€ |
| 218 | Global Car03172619 · Herceg Novi | <0.1% | 303,916€ | +25.5% | 54,726€ | 18.0% | 7 | 799€ |
| 219 | Broom02865947 · Podgorica | <0.1% | 302,402€ | -1.0% | 28,812€ | 9.5% | 15 | 907€ |
| 220 | SL02979896 · Bar | <0.1% | 301,541€ | -18.0% | 1,547€ | 0.5% | 1 | 1,048€ |
| 221 | Ipa Agency03038939 · Podgorica | <0.1% | 301,196€ | +607.6% | 1,870€ | 0.6% | 1 | — |
| 222 | Premium Holding03606490 · Budva | <0.1% | 299,010€ | +41.6% | 127€ | 0.0% | 2 | 448€ |
| 223 | Alliance Energie Montenegro03192954 · Podgorica | <0.1% | 295,358€ | +162.3% | 8,195€ | 2.8% | 1 | 7,550€ |
| 224 | Šuka02447061 · Budva | <0.1% | 289,168€ | +36.7% | 18,863€ | 6.5% | 2 | 3,696€ |
| 225 | Balkan Montenegro Travel03573362 · Budva | <0.1% | 287,402€ | +44.6% | 1,107€ | 0.4% | 1 | 4,586€ |
| 226 | Centurion - NK Tim02686040 · Nikšić | <0.1% | 286,722€ | -24.7% | 5,469€ | 1.9% | 25 | 735€ |
| 227 | SB Castellum03360628 · Kotor | <0.1% | 285,317€ | +50.9% | -238€ | -0.1% | 5 | 1,046€ |
| 228 | Fanfani02103834 · Herceg Novi | <0.1% | 285,254€ | -2.5% | -44,908€ | -15.7% | 12 | 540€ |
| 229 | Soko Tours02918897 · Herceg Novi | <0.1% | 284,204€ | -11.5% | -114€ | -0.0% | 1 | 991€ |
| 230 | Win Travel Montenegro03181146 · Podgorica | <0.1% | 283,106€ | -42.1% | 48,633€ | 17.2% | 3 | 1,021€ |
| 231 | Vaav Mne03162281 · Podgorica | <0.1% | 283,005€ | +54.3% | 26,171€ | 9.2% | 2 | 1,346€ |
| 232 | Nod Security - Mne03059014 · Rožaje | <0.1% | 282,704€ | +423.4% | 24,524€ | 8.7% | 15 | 1,025€ |
| 233 | Voyager Au Montenegro03170080 · Zeta | <0.1% | 282,271€ | -12.4% | 7,830€ | 2.8% | 1 | 2,028€ |
| 234 | Podgor02667436 · Podgorica | <0.1% | 280,857€ | +42.7% | 17,601€ | 6.3% | 4 | 1,155€ |
| 235 | Leks & Co03665364 · Tivat | <0.1% | 279,395€ | +377.5% | 90,627€ | 32.4% | 1 | 13,292€ |
| 236 | Nord Star02794322 · Podgorica | <0.1% | 276,005€ | +40.6% | 6,125€ | 2.2% | 7 | 720€ |
| 237 | Mont Travel.Me03645231 · Kolašin | <0.1% | 275,910€ | +432.3% | 32,959€ | 11.9% | 1 | 2,035€ |
| 238 | F.M. Agency03705323 · Nikšić | <0.1% | 275,197€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -780€ | -0.3% | 2 | 11,373€ |
| 239 | Inter Travel Club02404362 · Podgorica | <0.1% | 272,364€ | +72.6% | 71,958€ | 26.4% | 6 | 823€ |
| 240 | MB Dubovina02153246 · Tivat | <0.1% | 270,949€ | +22.3% | 32,433€ | 12.0% | 6 | 887€ |
| 241 | Delfis02384167 · Kolašin | <0.1% | 269,037€ | -5.9% | 47,328€ | 17.6% | 2 | 702€ |
| 242 | Marin Med Montenegro03043452 · Kotor | <0.1% | 267,875€ | -61.7% | -121,111€ | -45.2% | 5 | 1,900€ |
| 243 | Soko Skele03676994 · Podgorica | <0.1% | 267,665€ | +7,211.3% | 19,722€ | 7.4% | 1 | 1,153€ |
| 244 | Premium Clean03139824 · Podgorica | <0.1% | 266,575€ | +13.2% | 33,244€ | 12.5% | 16 | 961€ |
| 245 | Masterhome Plus03094421 · Podgorica | <0.1% | 266,105€ | -3.0% | 19,861€ | 7.5% | 3 | 678€ |
| 246 | Boccato DMC03407934 · Herceg Novi | <0.1% | 265,638€ | +3.3% | 2,257€ | 0.8% | 6 | 818€ |
| 247 | CD.M02417952 · Bar | <0.1% | 262,516€ | +3.6% | 21,379€ | 8.1% | 8 | 580€ |
| 248 | Prestige Car Group02961784 · Cetinje | <0.1% | 262,376€ | -16.9% | -111,776€ | -42.6% | 1 | 341€ |
| 249 | Mac Sun D.M.C. Montenegro03302539 · Budva | <0.1% | 259,191€ | -8.2% | 1,058€ | 0.4% | 10 | 1,596€ |
| 250 | Montenegro Tour Organisation03291251 · Budva | <0.1% | 256,797€ | -9.3% | 49,672€ | 19.3% | 7 | 1,741€ |