Revenue
1.3% of Montenegro's revenue
1,642 companies earned 229.77m€ in 2025, 1.3% of all company revenue in Montenegro. It ranks 12 of 18 sectors by revenue. Revenue has grown 4.8× since 2015.
1.3% of Montenegro's revenue
1,221 with at most one employee
Largest employer: Javno Preduzeće za Upravljanje Morskim Dobrom Crne Gore (240)
Total profit: 9.88m€
Average per employee, not per company
Revenue in € million (bars) and filing companies (below), 2015–2025
| Year | Revenue | Companies |
|---|---|---|
| 2015 | 47,981,640€ | 589 |
| 2016 | 56,737,606€ | 589 |
| 2017 | 69,589,820€ | 642 |
| 2018 | 60,030,655€ | 759 |
| 2019 | 62,816,032€ | 885 |
| 2020 | 62,442,623€ | 943 |
| 2021 | 96,671,654€ | 1,060 |
| 2022 | 184,811,376€ | 1,327 |
| 2023 | 193,544,494€ | 1,508 |
| 2024 | 193,806,032€ | 1,631 |
| 2025 (Preliminary) | 229,773,419€ | 1,642 |
The number of companies jumped most in 2022: from 1,060 to 1,327.
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 751–800 of 1,642
* 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 3 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* |
|---|
| 751 | Kas - Tim03501361 · Tivat | <0.1% | 4,300€ | -36.0% | -3,943€ | -91.7% | 1 | 677€ |
| 752 | Rosa Nekretnine03582116 · Podgorica | <0.1% | 4,282€ | -76.7% | -10,486€ | -244.9% | 1 | 986€ |
| 753 | Estate Service03177777 · Budva | <0.1% | 4,200€ | -82.0% | -19,964€ | -475.3% | 4 | 422€ |
| 754 | Sea Residence02919842 · Podgorica | <0.1% | 4,183€ | +192.9% | -19,494€ | -466.0% | 2 | 882€ |
| 755 | Innovative Real Investments03239969 · Podgorica | <0.1% | 4,088€ | -0.3% | -3,645€ | -89.2% | 1 | — |
| 756 | Arkevita03427188 · Tivat | <0.1% | 4,080€ | -52.5% | -11,143€ | -273.1% | 1 | 869€ |
| 757 | TBV Holdings03488527 · Tivat | <0.1% | 4,035€ | -49.0% | -253,999€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 679€ |
| 758 | Vgaa Trade02627582 · Budva | <0.1% | 4,029€ | -25.7% | 1,781€ | 44.2% | 1 | — |
| 759 | Ponente Bijela02773597 · Herceg Novi | <0.1% | 4,026€ | +15.0% | -65€ | -1.6% | 1 | 339€ |
| 760 | MBK Jadranka03734013 · Herceg Novi | <0.1% | 4,001€ | No filing for 2024. | -5,240€ | -131.0% | 1 | 586€ |
| 761 | Podgorica Estate03151093 · Podgorica | <0.1% | 4,000€ | +224.4% | 1,259€ | 31.5% | 1 | — |
| 762 | Mont Properties02634783 · Podgorica | <0.1% | 3,943€ | +63.6% | -26,554€ | -673.4% | 1 | 338€ |
| 763 | Criteria03536645 · Budva | <0.1% | 3,820€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,603€ | -120.5% | 1 | 675€ |
| 764 | Zing 77703384829 · Bar | <0.1% | 3,800€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 467€ | 12.3% | 1 | — |
| 765 | Mi & It Nekretnine03784886 · Podgorica | <0.1% | 3,780€ | No filing for 2024. | 889€ | 23.5% | 1 | — |
| 766 | Belmont02468964 · Budva | <0.1% | 3,778€ | -61.2% | -22,656€ | -599.7% | 1 | 675€ |
| 767 | NNC Proinvest03473333 · Tivat | <0.1% | 3,626€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -1,064€ | -29.3% | 1 | — |
| 768 | Batuhan Real Estate03573966 · Budva | <0.1% | 3,515€ | +105.6% | -5,176€ | -147.3% | 1 | 677€ |
| 769 | Sema Real Estate03573940 · Budva | <0.1% | 3,515€ | +105.6% | -5,116€ | -145.5% | 1 | 677€ |
| 770 | Yellow Quince03592952 · Podgorica | <0.1% | 3,501€ | +116,600.0% | -37,343€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 669€ |
| 771 | Ifyouchange03414574 · Herceg Novi | <0.1% | 3,464€ | +346,300.0% | -35,875€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 680€ |
| 772 | Sworld Immobilien Montenegro03597288 · Podgorica | <0.1% | 3,451€ | -44.4% | -1,091€ | -31.6% | 1 | — |
| 773 | Anekretnine02993554 · Podgorica | <0.1% | 3,379€ | -5.9% | -2,328,315€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | — |
| 774 | Commercial & General03242153 · Tivat | <0.1% | 3,296€ | -30.8% | -32,690€ | -991.8% | 1 | 678€ |
| 775 | Vesta Estate03744612 · Budva | <0.1% | 3,250€ | No filing for 2024. | -4,985€ | -153.4% | 1 | 516€ |
| 776 | Ferel03243311 · Tivat | <0.1% | 3,248€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -13,797€ | -424.8% | 1 | 929€ |
| 777 | Arming - Inženjering02992329 · Podgorica | <0.1% | 3,240€ | -64.9% | -21,107€ | -651.5% | 1 | 944€ |
| 778 | A3 Group02844125 · Bar | <0.1% | 3,238€ | +18.0% | -83,130€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 2 | — |
| 779 | Budva Marina03480119 · Herceg Novi | <0.1% | 3,200€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,985€ | -280.8% | 1 | 927€ |
| 780 | Da Silva Lining03283291 · Tivat | <0.1% | 3,031€ | -93.3% | -54,124€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 679€ |
| 781 | Banket03151751 · Budva | <0.1% | 3,000€ | +50.0% | -6,230€ | -207.7% | 1 | 677€ |
| 782 | Cityhome03525562 · Bar | <0.1% | 3,000€ | +299,900.0% | 145€ | 4.8% | 1 | — |
| 783 | Rixta River03693139 · Kotor | <0.1% | 3,000€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -6,998€ | -233.3% | 1 | — |
| 784 | Zhai Management03429059 · Budva | <0.1% | 3,000€ | +50.0% | -18,066€ | -602.2% | 1 | 1,393€ |
| 785 | MM Unico03490785 | <0.1% | 2,940€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,565€ | -291.3% | 1 | 931€ |
| 786 | Seaside Living03731057 · Tivat | <0.1% | 2,906€ | No filing for 2024. | 156€ | 5.4% | 1 | — |
| 787 | Temerso02687895 · Herceg Novi | <0.1% | 2,897€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -7,093€ | -244.8% | 1 | 339€ |
| 788 | D-Luxe Domina03785050 · Podgorica | <0.1% | 2,827€ | No filing for 2024. | 1,111€ | 39.3% | 1 | — |
| 789 | Crassula Development03495841 · Budva | <0.1% | 2,750€ | -58.2% | -33,237€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 2 | 870€ |
| 790 | Avgusto03544290 · Herceg Novi | <0.1% | 2,741€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -5,508€ | -200.9% | 1 | 678€ |
| 791 | Milonjino03123561 · Podgorica | <0.1% | 2,644€ | +97.2% | -127,111€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 4 | 1,247€ |
| 792 | Thebestchoice03396410 · Budva | <0.1% | 2,559€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,672€ | -378.0% | 1 | 922€ |
| 793 | Silvana Veritas03243265 · Budva | <0.1% | 2,550€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -6,747€ | -264.6% | 1 | 741€ |
| 794 | Golden Nekretnine Mne03354130 · Budva | <0.1% | 2,516€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -1,952€ | -77.6% | 1 | 339€ |
| 795 | Ussury Star02960419 · Budva | <0.1% | 2,500€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -6,352€ | -254.1% | 1 | 675€ |
| 796 | Rin Adriatic02712466 · Tivat | <0.1% | 2,500€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,166€ | -366.6% | 1 | 670€ |
| 797 | Amay Trade03262111 · Tivat | <0.1% | 2,479€ | +50.2% | -32,198€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 678€ |
| 798 | Monolit Citi Home03632237 · Bar | <0.1% | 2,479€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -827€ | -33.4% | 1 | — |
| 799 | Hu Consulting03743845 · Podgorica | <0.1% | 2,479€ | No filing for 2024. | -4,935€ | -199.1% | 2 | — |
| 800 | Lucky Home02952084 · Budva | <0.1% | 2,479€ | -64.5% | -34,137€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 4 | 629€ |