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 401–450 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* |
|---|
| 401 | M & D Company Rent03287718 · Tivat | <0.1% | 117,080€ | +64.5% | 25,873€ | 22.1% | 2 | 2,073€ |
| 402 | Team Travel02977753 · Kotor | <0.1% | 116,380€ | +117.0% | -45€ | -0.0% | 3 | 674€ |
| 403 | Ofortuna03136507 · Nikšić | <0.1% | 115,199€ | +2.8% | 6,412€ | 5.6% | 5 | 1,058€ |
| 404 | Carwork03651312 · Podgorica | <0.1% | 114,050€ | +68.7% | 42,099€ | 36.9% | 1 | 540€ |
| 405 | GLHF03510018 · Podgorica | <0.1% | 113,562€ | +203.4% | 19,246€ | 16.9% | 1 | 983€ |
| 406 | Rent-A-Car Adriatic02982005 · Budva | <0.1% | 113,029€ | +28.6% | 13,918€ | 12.3% | 2 | 578€ |
| 407 | V & D Boka02656035 · Tivat | <0.1% | 112,929€ | -36.6% | 2,140€ | 1.9% | 1 | 844€ |
| 408 | Nowel Mne03587789 · Podgorica | <0.1% | 112,657€ | -30.6% | -6,442€ | -5.7% | 2 | 539€ |
| 409 | DVD Bijela 202003478734 · Herceg Novi | <0.1% | 112,478€ | -7.4% | 27,625€ | 24.6% | 14 | 431€ |
| 410 | Oko Boke03271684 · Herceg Novi | <0.1% | 112,036€ | +49.2% | 1,637€ | 1.5% | 2 | 795€ |
| 411 | Nacionalno Sertifikaciono Tijelo Montecert03073688 · Herceg Novi | <0.1% | 111,830€ | +3.1% | 14,050€ | 12.6% | 2 | 1,999€ |
| 412 | Kiva03093115 · Budva | <0.1% | 110,541€ | +29.7% | 6,249€ | 5.7% | 4 | 586€ |
| 413 | Acibadem Saglik Hizmetleri Ve Ticaret Anonim Sirketi, Turska03318770 · Podgorica | <0.1% | 109,991€ | +15.2% | 0€ | 0.0% | 3 | 2,807€ |
| 414 | Concordia Vip03219275 · Podgorica | <0.1% | 109,905€ | +17.7% | 8,051€ | 7.3% | 5 | 1,338€ |
| 415 | Ide Travel02788624 · Herceg Novi | <0.1% | 109,858€ | +18.1% | 9,855€ | 9.0% | 5 | 1,193€ |
| 416 | Adria Trucking03362299 · Bar | <0.1% | 109,593€ | +128.5% | 1,932€ | 1.8% | 7 | 1,194€ |
| 417 | Blue Motion Montenegro03165302 · Podgorica | <0.1% | 109,537€ | +49.6% | 16,197€ | 14.8% | 1 | 1,008€ |
| 418 | X Plus03234975 · Bar | <0.1% | 109,198€ | -22.7% | 680€ | 0.6% | 2 | 724€ |
| 419 | Falcon Montenegro03249298 · Cetinje | <0.1% | 108,770€ | +26.8% | 6,968€ | 6.4% | 2 | 766€ |
| 420 | Eco Prop Montenegro03400077 · Herceg Novi | <0.1% | 108,685€ | +2.0% | 19,283€ | 17.7% | 2 | 512€ |
| 421 | Montenegro Pepe02819724 · Cetinje | <0.1% | 107,725€ | -35.7% | 486€ | 0.5% | 3 | 490€ |
| 422 | KL Group02908727 · Kolašin | <0.1% | 106,775€ | +1.9% | 26,321€ | 24.7% | 2 | 1,199€ |
| 423 | Naša Priča03080196 · Budva | <0.1% | 106,474€ | +326.0% | 42,990€ | 40.4% | 4 | 798€ |
| 424 | Doclea Travel & Tours03161536 · Podgorica | <0.1% | 106,438€ | -30.0% | -1,345€ | -1.3% | 2 | 1,466€ |
| 425 | Call Agent List03768520 · Herceg Novi | <0.1% | 105,865€ | No filing for 2024. | -11,028€ | -10.4% | 1 | 1,973€ |
| 426 | Montenegro Adventures02620693 · Podgorica | <0.1% | 105,807€ | +19.8% | 6,074€ | 5.7% | 4 | 1,001€ |
| 427 | Prima Car PG03343154 · Podgorica | <0.1% | 105,724€ | +32.7% | 38,402€ | 36.3% | 2 | 507€ |
| 428 | Gold Mne03134784 · Podgorica | <0.1% | 105,313€ | +44.2% | -62,997€ | -59.8% | 5 | 1,370€ |
| 429 | Lendra03171795 · Pljevlja | <0.1% | 104,796€ | -32.4% | 159€ | 0.2% | 5 | 1,073€ |
| 430 | Indigo Blue03021254 · Tivat | <0.1% | 104,466€ | +473.9% | -12,497€ | -12.0% | 1 | 720€ |
| 431 | Đina Pčelica Stvaralica03369196 · Budva | <0.1% | 103,500€ | +112.1% | 28,018€ | 27.1% | 2 | 1,115€ |
| 432 | Aydin Tourism03365107 · Podgorica | <0.1% | 103,113€ | +3.4% | -10,339€ | -10.0% | 11 | 627€ |
| 433 | Taurus Montenegro03091481 · Podgorica | <0.1% | 102,741€ | +232.1% | 16,366€ | 15.9% | 1 | 807€ |
| 434 | Property Service02726475 · Herceg Novi | <0.1% | 102,410€ | +200.3% | 4,905€ | 4.8% | 3 | 1,326€ |
| 435 | Sunny & Shiny03443663 · Podgorica | <0.1% | 102,132€ | +53.7% | 9,145€ | 9.0% | 2 | 1,498€ |
| 436 | Travel Point Montenegro03137384 · Podgorica | <0.1% | 101,480€ | +34.6% | 15,613€ | 15.4% | 1 | 1,067€ |
| 437 | Fratelli02971402 · Budva | <0.1% | 100,978€ | +36.8% | -38,275€ | -37.9% | 2 | 548€ |
| 438 | Premium Car Group03496392 · Cetinje | <0.1% | 100,044€ | +154.7% | 9,864€ | 9.9% | 1 | 417€ |
| 439 | Buggy Montenegro03643735 · Kotor | <0.1% | 99,314€ | +256.8% | 17,792€ | 17.9% | 1 | 1,923€ |
| 440 | Normonte02408945 · Kotor | <0.1% | 98,993€ | +2.9% | 8,641€ | 8.7% | 4 | 1,333€ |
| 441 | Inteq Mne03050211 · Podgorica | <0.1% | 98,411€ | -23.6% | -10,505€ | -10.7% | 3 | 794€ |
| 442 | La Terra Montenegro03418774 · Nikšić | <0.1% | 98,257€ | +80.9% | 1,401€ | 1.4% | 3 | 1,184€ |
| 443 | Instacar03408884 · Tivat | <0.1% | 98,047€ | +252.9% | 3,120€ | 3.2% | 9 | 708€ |
| 444 | Fun Trip Montenegro03469409 · Podgorica | <0.1% | 97,789€ | +1,803.6% | 14,748€ | 15.1% | 1 | 3,577€ |
| 445 | Montenegro Hostel02756382 · Budva | <0.1% | 97,693€ | -16.0% | -5,547€ | -5.7% | 2 | 1,166€ |
| 446 | Lavten03363490 · Podgorica | <0.1% | 97,414€ | +33.9% | 6,101€ | 6.3% | 3 | 1,443€ |
| 447 | Konjički Klub Aryen 202003420353 · Herceg Novi | <0.1% | 96,915€ | +13.1% | 706€ | 0.7% | 7 | 666€ |
| 448 | Royal Services03123014 · Bar | <0.1% | 96,816€ | +139.5% | 33,332€ | 34.4% | 3 | 1,040€ |
| 449 | Tiph03468577 · Tivat | <0.1% | 96,640€ | -11.0% | 48,029€ | 49.7% | 2 | 459€ |
| 450 | Satwork02894777 · Podgorica | <0.1% | 96,583€ | +19.2% | 30,361€ | 31.4% | 2 | 721€ |