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 1401–1450 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* |
|---|
| 1401 | Sword02698277 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,182€ | — | 1 | 677€ |
| 1402 | L.P.P. Capital02445069 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -12,038€ | — | 1 | 721€ |
| 1403 | Paradigma M02674823 · Kotor | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -6,377€ | — | 1 | — |
| 1404 | Wave Real Estate02691507 · Ulcinj | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -901€ | — | 1 | — |
| 1405 | Irene Immobiliare02690861 · Podgorica | 0.0% | 0€ | -100.0% | -133,164€ | — | 1 | — |
| 1406 | Milestone W02958406 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,123€ | — | 1 | 677€ |
| 1407 | Nest Group03791777 · Tivat | 0.0% | 0€ | No filing for 2024. | 0€ | — | — | — |
| 1408 | Boka Fund Limited02466309 · Kotor | 0.0% | 0€ | -100.0% | -4,984€ | — | 1 | 415€ |
| 1409 | City Grad Investment02671859 · Podgorica | 0.0% | 0€ | No filing for 2024. | -11,758€ | — | 0 | — |
| 1410 | Knauf-Service02620812 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,204€ | — | 1 | — |
| 1411 | Montesibinvest02631431 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,368€ | — | 1 | 674€ |
| 1412 | Zelenograd02690420 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -12,255€ | — | 1 | 679€ |
| 1413 | Monkaro02621088 · Herceg Novi | 0.0% | 0€ | -100.0% | -114,883€ | — | 1 | 1,757€ |
| 1414 | Irmax03470903 · Tivat | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -83,206€ | — | 1 | 929€ |
| 1415 | Le Suivant International03470890 · Tivat | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -24,434€ | — | 1 | — |
| 1416 | Zed - i02646056 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 0€ | — | — | — |
| 1417 | Montenegro Vision02620901 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -10,350€ | — | 1 | 676€ |
| 1418 | Galeo02447304 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,035€ | — | 1 | — |
| 1419 | D&A Services03464547 · Herceg Novi | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,334€ | — | 1 | 678€ |
| 1420 | Ecotools03444953 · Tivat | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,832€ | — | 1 | 678€ |
| 1421 | Krutay.7ay03322459 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -14,430€ | — | 1 | 677€ |
| 1422 | Recig03432530 · Budva | 0.0% | 0€ | -100.0% | -8,511€ | — | 1 | 677€ |
| 1423 | Sunny Mountain03350258 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,148€ | — | 1 | 677€ |
| 1424 | Ljudmila02963698 · Kotor | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -121€ | — | 1 | — |
| 1425 | Nexus Adriatik03433862 · Herceg Novi | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,206€ | — | 1 | 929€ |
| 1426 | DTCM03382869 · Kotor | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -10,904€ | — | 1 | 685€ |
| 1427 | Dutb Crna Gora03314391 · Podgorica | 0.0% | 0€ | -100.0% | -26,949€ | — | 1 | 378€ |
| 1428 | Ejendomsselskabet Zinnsgade 402466953 · Tivat | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,139€ | — | 1 | 670€ |
| 1429 | Enova Group03787672 · Podgorica | 0.0% | 0€ | No filing for 2024. | -3,989€ | — | 0 | — |
| 1430 | Equation System02467089 · Budva | 0.0% | 0€ | -100.0% | -19,502€ | — | 1 | 928€ |
| 1431 | Era Construction03230813 · Tivat | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -17,180€ | — | 1 | 801€ |
| 1432 | Esperanza Development03596966 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -71,398€ | — | 1 | — |
| 1433 | Estia03503267 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -1,136€ | — | 1 | — |
| 1434 | Eve Property03185184 · Budva | 0.0% | 0€ | -100.0% | -17,629€ | — | 2 | 709€ |
| 1435 | Experience Montenegro03723640 · Bar | 0.0% | 0€ | No filing for 2024. | -6,571€ | — | 1 | 542€ |
| 1436 | Family Rental03362990 · Podgorica | 0.0% | 0€ | -100.0% | 0€ | — | — | — |
| 1437 | Florex - Immobilien03575110 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -3,206€ | — | 1 | — |
| 1438 | Florex Immo Heb-WH03601307 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,036€ | — | 1 | — |
| 1439 | FLS02879956 · Podgorica | 0.0% | 0€ | -100.0% | -2,707€ | — | 1 | — |
| 1440 | F.N.K. Company02630389 · Budva | 0.0% | 0€ | -100.0% | 0€ | — | — | — |
| 1441 | Fortune Tim Mne03539733 · Tivat | 0.0% | 0€ | -100.0% | -8,160€ | — | 1 | 680€ |
| 1442 | Free Home03250792 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,139€ | — | 1 | 678€ |
| 1443 | Frontline Solutions03210901 · Tivat | 0.0% | 0€ | -100.0% | -41,647€ | — | 1 | 677€ |
| 1444 | F-Sage03620620 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,126€ | — | 1 | 677€ |
| 1445 | FTD Monte03604276 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -16,310€ | — | 1 | 1,350€ |
| 1446 | Future Mont02959208 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,984€ | — | 1 | 674€ |
| 1447 | Geliospro03522091 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -1,380€ | — | 1 | — |
| 1448 | G Invesco03616819 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -17,584€ | — | 1 | 1,375€ |
| 1449 | Global TS Montenegro03065499 · Podgorica | 0.0% | 0€ | -100.0% | -77,498€ | — | 1 | 960€ |
| 1450 | GMN Invest03624021 · Tivat | 0.0% | 0€ | -100.0% | -14,227€ | — | 1 | 929€ |