Revenue
27.0% of sector revenue
285 companies earned 109.88m€ in 2025, 27.0% of Administrative services sector revenue. Revenue has grown 2.5× since 2015.
27.0% of sector revenue
161 with at most one employee
Largest employer: PM Hotels (186)
Median company 1.4% · 42% profitable
Average per employee, not per company
Revenue in € million (bars) and filing companies (below), 2015–2025
Revenue change vs 2024, companies with at least 1m€ that year
Ranked by total revenue · Showing 251–285 of 285
* 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 →
The activity title is the code's title in the KD 2010 classification (NACE Rev. 2), which applies to every year shown. The registry now shows titles from the new classification for the same codes, so titles can differ.
| Year | Revenue | Companies |
|---|---|---|
| 2015 | 43,568,232€ | 157 |
| 2016 | 46,053,643€ | 159 |
| 2017 | 56,934,748€ | 180 |
| 2018 | 63,092,450€ | 192 |
| 2019 | 75,584,797€ | 210 |
| 2020 | 23,613,785€ | 218 |
| 2021 | 49,101,847€ | 228 |
| 2022 | 69,527,285€ | 266 |
| 2023 | 90,853,878€ | 328 |
| 2024 | 101,325,904€ | 335 |
| 2025 (Preliminary) | 109,880,091€ | 285 |
Employees and payroll cost per employee per month*
0.0% |
| 0€ |
| No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. |
| -8,101€ |
| — |
| 1 |
| 675€ |
| 253 | Idil Volga Company03454339 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -15,316€ | — | 1 | 1,273€ |
| 254 | Life Is Beautiful03523047 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -3,412€ | — | 1 | — |
| 255 | Melikoglu03603156 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,138€ | — | 1 | 922€ |
| 256 | Mice Unique03611256 | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,139€ | — | 1 | 678€ |
| 257 | Millennium Tourism and Congress DMC03796825 · Podgorica | 0.0% | 0€ | No filing for 2024. | -1,588€ | — | 1 | — |
| 258 | Montenegro Adria Tours02382849 · Tivat | 0.0% | 0€ | -100.0% | 0€ | — | — | — |
| 259 | Montenegro Infinity Company03656527 · Kotor | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,453€ | — | 1 | — |
| 260 | Mon Tera Tours02260727 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -12,731€ | — | 2 | 523€ |
| 261 | More MP02643324 · Herceg Novi | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,122€ | — | 1 | 677€ |
| 262 | Nuvans03777278 · Budva | 0.0% | 0€ | No filing for 2024. | -1,908€ | — | 1 | — |
| 263 | Odyssey Travel03653480 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -20,508€ | — | 3 | 567€ |
| 264 | Omega Plus02378060 · Ulcinj | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -901€ | — | 1 | — |
| 265 | Onega02669242 · Kolašin | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,035€ | — | 1 | — |
| 266 | Parus02438712 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -17,201€ | — | 3 | 450€ |
| 267 | Perendi03506045 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -7,978€ | — | 1 | 657€ |
| 268 | Red Health and Global Consultancy03620425 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,160€ | — | 1 | 678€ |
| 269 | Rhinoclinic03381285 · Herceg Novi | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -13,475€ | — | 1 | 922€ |
| 270 | Riva Development02450739 · Kotor | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,139€ | — | 1 | 922€ |
| 271 | River Travel Agency03614590 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -12,735€ | — | 1 | 928€ |
| 272 | Dolcinium02403072 · Ulcinj | 0.0% | 0€ | -100.0% | 0€ | — | — | — |
| 273 | Sea Tourism Group03498964 · Budva | 0.0% | 0€ | No filing for 2024. | -8,139€ | — | 1 | 675€ |
| 274 | Senlight 2803638693 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,130€ | — | 1 | 677€ |
| 275 | S&K Enterprices03725367 · Budva | 0.0% | 0€ | No filing for 2024. | -11,853€ | — | 1 | 936€ |
| 276 | Sofia Marine03719693 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -5,161€ | — | 1 | 367€ |
| 277 | Sretan Dan03062902 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,075€ | — | 1 | — |
| 278 | STK Group Mne03719634 · Budva | 0.0% | 0€ | No filing for 2024. | -4,409€ | — | 1 | 367€ |
| 279 | Tera Nova02462796 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -10,325€ | — | 1 | 675€ |
| 280 | Tramola03392171 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,072€ | — | 1 | 675€ |
| 281 | Velikoredchanin and Son03552080 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,261€ | — | 1 | 675€ |
| 282 | Viva Montenegro Travel03435679 · Podgorica | 0.0% | 0€ | -100.0% | -21,322€ | — | 2 | 675€ |
| 283 | Vukmark03769348 · Herceg Novi | 0.0% | 0€ | No filing for 2024. | -15,361€ | — | 1 | 1,279€ |
| 284 | Zeferia Group03622509 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,151€ | — | 1 | 926€ |
| 285 | Zeytin Group03604179 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,139€ | — | 1 | 926€ |