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 851–900 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* |
|---|
| 851 | Edulink03463931 · Budva | <0.1% | 1,000€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,237€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 926€ |
| 852 | Iss03355381 · Budva | <0.1% | 959€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -32,735€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 925€ |
| 853 | S.R. Estates03187225 · Podgorica | <0.1% | 940€ | -95.9% | -14,697€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 339€ |
| 854 | Kokosiki Tim03484645 · Tivat | <0.1% | 935€ | -35.1% | -7,225€ | -772.7% | 1 | 680€ |
| 855 | PS Group03530647 · Bar | <0.1% | 915€ | -86.5% | -39,961€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 2 | 675€ |
| 856 | VMT Invest03439895 · Tivat | <0.1% | 900€ | -78.6% | -3,789€ | -421.0% | 1 | — |
| 857 | MS Real Estate03618030 · Tivat | <0.1% | 851€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -7,286€ | -856.2% | 1 | 676€ |
| 858 | Key Partners03704254 · Budva | <0.1% | 850€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,466€ | -996.0% | 1 | 676€ |
| 859 | Akt Real Estate Investments03161315 · Podgorica | <0.1% | 826€ | -98.5% | -26,881€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 2 | 532€ |
| 860 | Hazleton Montenegro Inc03273601 · Podgorica | <0.1% | 822€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,501€ | -304.3% | 1 | — |
| 861 | GKM Group03272656 · Herceg Novi | <0.1% | 800€ | -87.2% | -5,440€ | -680.0% | 1 | — |
| 862 | Gence Group03460851 · Budva | <0.1% | 800€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -10,490€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 928€ |
| 863 | Prego Nekretnine03374653 · Podgorica | <0.1% | 785€ | -84.3% | -6,636€ | -845.4% | 1 | 449€ |
| 864 | RSM Real Estate02693771 · Podgorica | <0.1% | 738€ | -92.6% | -83,321€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | — |
| 865 | Moa CG03543072 · Tivat | <0.1% | 705€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -6,108€ | -866.4% | 0 | — |
| 866 | First Company CG03592227 · Bar | <0.1% | 700€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,337€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 678€ |
| 867 | Sirius Nekretnine03263860 · Budva | <0.1% | 700€ | -96.3% | -16,112€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 2 | 453€ |
| 868 | Jakobi03562450 · Podgorica | <0.1% | 645€ | -83.5% | -11,680€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 677€ |
| 869 | Gumista02938839 · Bar | <0.1% | 644€ | -98.8% | -126,585€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 2 | 377€ |
| 870 | Efes 2203458407 · Tivat | <0.1% | 603€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -16,911€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 509€ |
| 871 | Platinum Real Estate03679179 · Podgorica | <0.1% | 600€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,238€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 678€ |
| 872 | Cloud Atlas03241734 · Budva | <0.1% | 587€ | -97.1% | -18,554€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 2 | 678€ |
| 873 | WG White Generation03387089 · Podgorica | <0.1% | 574€ | +28,600.0% | -27,255€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 927€ |
| 874 | Impressive Real Estate03337863 · Bar | <0.1% | 542€ | -73.2% | -10,750€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 924€ |
| 875 | Tricikl Mne03013740 · Herceg Novi | <0.1% | 520€ | -76.9% | -16,258€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 680€ |
| 876 | 9113 LB03465381 · Tivat | <0.1% | 506€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -16,985€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 926€ |
| 877 | Kasiopeja Monte03536955 · Kotor | <0.1% | 500€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -7,697€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 674€ |
| 878 | Montelux Development03551202 · Kotor | <0.1% | 500€ | -88.9% | -14,220€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 916€ |
| 879 | Task Group03489205 · Budva | <0.1% | 500€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -7,906€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 676€ |
| 880 | Planet Mne03288536 · Podgorica | <0.1% | 500€ | -66.7% | -7,657€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 678€ |
| 881 | Mirišta Properties02687011 · Podgorica | <0.1% | 483€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -5,915€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | — |
| 882 | Montenegro Development02448980 · Podgorica | <0.1% | 474€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,321€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | — |
| 883 | Merava03657329 · Bar | <0.1% | 441€ | -93.5% | -18,599€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 2 | 702€ |
| 884 | Orange Plus03606040 · Tivat | <0.1% | 420€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -10,753€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 926€ |
| 885 | Fga Holding03673715 · Cetinje | <0.1% | 402€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 35€ | 8.7% | 1 | — |
| 886 | Alfa Nekretnine02877376 · Podgorica | <0.1% | 380€ | -97.0% | -9,664€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 687€ |
| 887 | Novi Redital03507386 · Herceg Novi | <0.1% | 325€ | -87.7% | -8,075€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 680€ |
| 888 | TDC Real Estate03244571 · Budva | <0.1% | 305€ | -99.3% | -8,455€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 619€ |
| 889 | Out of the Box02946661 · Tivat | <0.1% | 300€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,300€ | -766.7% | 1 | — |
| 890 | Formidable03757668 · Podgorica | <0.1% | 280€ | No filing for 2024. | -6,587€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 629€ |
| 891 | Exim Invest02876205 · Cetinje | <0.1% | 260€ | -81.8% | -8,092€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 683€ |
| 892 | Deal02930145 · Bar | <0.1% | 240€ | +50.0% | -8,316€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 676€ |
| 893 | Carinvest Rent03348962 · Kotor | <0.1% | 204€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -3,311€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | — |
| 894 | Semjuel Company02460106 · Budva | <0.1% | 153€ | -99.9% | -62,881€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 1,238€ |
| 895 | Sokotra03321967 · Podgorica | <0.1% | 153€ | -94.9% | -14,472€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 981€ |
| 896 | Investamont02626683 · Herceg Novi | <0.1% | 152€ | -100.0% | -55,308€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 2 | 823€ |
| 897 | International Connecting Consultants03400603 · Herceg Novi | <0.1% | 149€ | -97.9% | -140,722€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 2 | 985€ |
| 898 | Adriatic Reževići03485641 · Budva | <0.1% | 144€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -14,785€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 1,067€ |
| 899 | Wish Montenegro02868091 · Podgorica | <0.1% | 140€ | -88.9% | -2,496€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | — |
| 900 | Blackpeak03495370 · Budva | <0.1% | 136€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,855€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 916€ |