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 901–950 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* |
|---|
| 901 | PM Residence03251292 · Podgorica | <0.1% | 132€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,600€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | — |
| 902 | Impuls MB02700883 · Bar | <0.1% | 121€ | -99.9% | -4,647€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | — |
| 903 | Eff Property03374840 · Tivat | <0.1% | 120€ | -99.8% | -315,166€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 678€ |
| 904 | Psyhology03448894 · Budva | <0.1% | 117€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -10,311€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 675€ |
| 905 | Tortuga-MX03447227 · Budva | <0.1% | 116€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,664€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 675€ |
| 906 | Bay View Property02655241 · Kotor | <0.1% | 108€ | -81.3% | -13,443€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 682€ |
| 907 | Royal Investment Montenegro03390071 · Podgorica | <0.1% | 101€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -1,935€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | — |
| 908 | Etalon Montenegro03551008 · Herceg Novi | <0.1% | 100€ | -75.0% | -8,083€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 677€ |
| 909 | Virgin Planet03012484 · Tivat | <0.1% | 100€ | -58.8% | -104,818€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 926€ |
| 910 | Montehills02872854 · Herceg Novi | <0.1% | 97€ | +9,600.0% | -4,221€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | — |
| 911 | First Real Estate Management 203154424 · Podgorica | <0.1% | 89€ | -96.8% | -173,042€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | — |
| 912 | Jib Investments - Investing Company03542939 · Podgorica | <0.1% | 88€ | +35.4% | -11,201€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 678€ |
| 913 | Sidra03124428 · Podgorica | <0.1% | 80€ | 0.0% | -7,903€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | — |
| 914 | Tridens03257304 · Budva | <0.1% | 71€ | -98.9% | -10,793€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 670€ |
| 915 | Auditron02114321 · Bar | <0.1% | 60€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,500€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 920€ |
| 916 | CG Projekt03236633 · Cetinje | <0.1% | 50€ | +455.6% | -36,056€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 2 | 1,279€ |
| 917 | Promet Montenegro02893975 · Tivat | <0.1% | 40€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -82,664€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 678€ |
| 918 | Zist Inc02678136 · Podgorica | <0.1% | 38€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -3,644€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | — |
| 919 | Vlavin Real Estate B.V. - Holandija02712024 · Herceg Novi | <0.1% | 33€ | -96.0% | -3,944€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | — |
| 920 | Navi Real Estate03447936 · Tivat | <0.1% | 32€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -7,628€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 339€ |
| 921 | Vrgroup03533115 · Tivat | <0.1% | 29€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -12,368€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 926€ |
| 922 | Matthew02661918 · Kotor | <0.1% | 21€ | -98.7% | -25,220€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 677€ |
| 923 | Stone Capital03395146 · Budva | <0.1% | 20€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -31,100€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 342€ |
| 924 | Elis Capital03623068 · Bar | <0.1% | 16€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,057€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | — |
| 925 | Dom Global Montenegro02699176 · Kotor | <0.1% | 16€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -192,089€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 678€ |
| 926 | Brand Storm03533743 · Kotor | <0.1% | 15€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,214€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 923€ |
| 927 | Help - Montenegro02457121 · Budva | <0.1% | 10€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,647€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 672€ |
| 928 | Meltem03384691 · Tivat | <0.1% | 10€ | -97.7% | -15,382€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 509€ |
| 929 | Alfa Montenegro03613771 · Gusinje | <0.1% | 9€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,400€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 678€ |
| 930 | Šumsko Selo02720680 · Kotor | <0.1% | 7€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,334€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 394€ |
| 931 | Guga03175375 · Podgorica | <0.1% | 7€ | -99.9% | -8,765€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | — |
| 932 | WVP Nekretnine03777634 · Podgorica | <0.1% | 6€ | No filing for 2024. | -7,615€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 407€ |
| 933 | Baza Properties03634809 · Budva | <0.1% | 4€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -16,575€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 590€ |
| 934 | Qservice03522407 · Budva | <0.1% | 4€ | 0.0% | -21,507€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 384€ |
| 935 | B&JL Services03739686 · Podgorica | <0.1% | 2€ | No filing for 2024. | -14,350€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 884€ |
| 936 | Stablo02623340 · Budva | <0.1% | 2€ | -100.0% | -15,976€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 338€ |
| 937 | Addax02630753 · Budva | <0.1% | 2€ | -100.0% | -40,931€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 709€ |
| 938 | V.A.S. Invest02447711 · Budva | <0.1% | 2€ | -100.0% | -190,438€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 3 | 590€ |
| 939 | K3B Real Property Operations03598691 · Tivat | <0.1% | 2€ | 0.0% | -30,799€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 674€ |
| 940 | 4 Am Group03774244 · Kotor | <0.1% | 1€ | No filing for 2024. | -15,005€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 2 | 405€ |
| 941 | Adriatic Home Management03608689 · Podgorica | <0.1% | 1€ | No filing for 2024. | -46,824€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 930€ |
| 942 | A-Y Montenegro02941899 · Podgorica | <0.1% | 1€ | 0.0% | -21,610€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | — |
| 943 | Blizi Invest Company02445280 · Budva | <0.1% | 1€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -18,990€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 621€ |
| 944 | Ava Development03242811 · Budva | <0.1% | 1€ | 0.0% | -168,521€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 1,002€ |
| 945 | Development Solutions03642275 · Podgorica | <0.1% | 1€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -12,061€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 925€ |
| 946 | Dobar Sat02678063 · Herceg Novi | <0.1% | 1€ | -98.9% | -14,995€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 927€ |
| 947 | First Line Montenegro03290395 · Kotor | <0.1% | 1€ | 0.0% | -16,376€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 2 | 678€ |
| 948 | Horizon Hills03768406 · Budva | <0.1% | 1€ | No filing for 2024. | -14,339€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 643€ |
| 949 | Symrna Re03659925 · Podgorica | <0.1% | 1€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -27,817€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 2 | 725€ |
| 950 | Vega Property03151026 · Podgorica | <0.1% | 1€ | -100.0% | -66,898€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 677€ |