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 1601–1642 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* |
|---|
| 1601 | Snoopy On03429652 · Kotor | 0.0% | 0€ | -100.0% | -40,072€ | — | 2 | 1,111€ |
| 1602 | SPCG Real Estate03580156 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -13,888€ | — | 1 | 677€ |
| 1603 | Special Land 201503037614 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,851€ | — | 1 | — |
| 1604 | Spiritus Loci Property Management03668088 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -3,563€ | — | 1 | — |
| 1605 | Srebrni Talas03441709 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -15,630€ | — | 1 | 516€ |
| 1606 | Star 12303473376 · Budva | 0.0% | 0€ | -100.0% | -8,258€ | — | 1 | 675€ |
| 1607 | Stari Pristan02465418 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -27,719€ | — | 1 | 674€ |
| 1608 | Stela M02708558 · Nikšić | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -901€ | — | 1 | — |
| 1609 | Strategic Capital Holdings03378845 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,911€ | — | 1 | 677€ |
| 1610 | STS Real Estate03707300 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,493€ | — | 1 | 677€ |
| 1611 | Studio Lovecchio03653412 · Tivat | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -15,407€ | — | 1 | 926€ |
| 1612 | Namapi03157628 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,767€ | — | 0 | — |
| 1613 | Summit Properties Montenegro03807746 · Podgorica | 0.0% | 0€ | No filing for 2024. | -524€ | — | 1 | — |
| 1614 | Sunholidays03499006 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -13,886€ | — | 2 | 565€ |
| 1615 | Sunny Bay03693961 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,285€ | — | 1 | 677€ |
| 1616 | Supernovi03720411 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -5,955€ | — | 1 | — |
| 1617 | Tara Village03680517 · Kolašin | 0.0% | 0€ | No filing for 2024. | -25,709€ | — | 2 | 417€ |
| 1618 | Tennn Properties03442551 · Tivat | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -86,284€ | — | 1 | 678€ |
| 1619 | Tetracon03220362 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,932€ | — | 1 | 678€ |
| 1620 | The Egoist03129497 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,136€ | — | 1 | — |
| 1621 | Thomas Consulting03505189 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -14,493€ | — | 1 | 953€ |
| 1622 | Time Abroad Villas Montenegro02663244 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,281€ | — | 1 | 689€ |
| 1623 | TLG Development03384918 · Tivat | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -5,442€ | — | 1 | — |
| 1624 | Toolah03519945 · Tivat | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,193€ | — | 1 | — |
| 1625 | Tri Planinske Sove03495884 · Kolašin | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,259€ | — | 1 | 678€ |
| 1626 | Triumph Partners03653315 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -84,668€ | — | 2 | 1,623€ |
| 1627 | TSMM Investment Corp03218473 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 0€ | — | — | — |
| 1628 | Ul Solutions03315894 · Ulcinj | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -10,558€ | — | 1 | 675€ |
| 1629 | Vaš Dom-Company02469154 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,072€ | — | 1 | 337€ |
| 1630 | Vending Adria03647838 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -6,871€ | — | 1 | 452€ |
| 1631 | Veromeno03537013 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -15,432€ | — | 1 | 678€ |
| 1632 | Viiv03304698 · Tivat | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -17,918€ | — | 2 | 678€ |
| 1633 | Vishnu03536971 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,135€ | — | 1 | 677€ |
| 1634 | Vivamus Libero03689387 · Bar | 0.0% | 0€ | -100.0% | 0€ | — | — | — |
| 1635 | Vujoks03254658 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,050€ | — | 1 | 338€ |
| 1636 | V&V Real Estate03483002 · Podgorica | 0.0% | 0€ | -100.0% | 0€ | — | — | — |
| 1637 | White House Montenegro03394085 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,087€ | — | 1 | 677€ |
| 1638 | White Village03687848 · Tivat | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -15,850€ | — | 1 | 678€ |
| 1639 | Yuliya Travel03613658 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -6,807€ | — | 2 | — |
| 1640 | Zahra Properties03253384 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -6,092€ | — | 1 | 337€ |
| 1641 | Zgraby03726924 · Podgorica | 0.0% | 0€ | No filing for 2024. | -1,900€ | — | 1 | — |
| 1642 | Kinaaz Development03149129 · Herceg Novi | 0.0% | -87,045€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -89,328€ | — | 1 | — |