Revenue
7.3% of Montenegro's revenue
3,730 companies earned 1.28b€ in 2025, 7.3% of all company revenue in Montenegro. It ranks 4 of 18 sectors by revenue. Revenue has grown 4.4× since 2015.
7.3% of Montenegro's revenue
1,317 with at most one employee
Largest employer: Budvanska Rivijera (600)
Total profit: 40.50m€
Average per employee, not per company
Revenue in € million (bars) and filing companies (below), 2015–2025
| Year | Revenue | Companies |
|---|---|---|
| 2015 | 293,412,112€ | 1,514 |
| 2016 | 326,915,110€ | 1,760 |
| 2017 | 408,696,660€ | 1,996 |
| 2018 | 478,761,075€ | 2,271 |
| 2019 | 555,265,409€ | 2,491 |
| 2020 | 259,902,954€ | 2,701 |
| 2021 | 541,241,109€ | 2,889 |
| 2022 | 805,288,344€ | 3,220 |
| 2023 | 1,029,042,003€ | 3,598 |
| 2024 | 1,186,045,662€ | 3,784 |
| 2025 (Preliminary) | 1,281,069,991€ | 3,730 |
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 601–650 of 3,730
* 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 354 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* |
|---|
| 601 | Mne For You03181219 · Tivat | <0.1% | 370,308€ | +8.7% | -3,700€ | -1.0% | 2 | 630€ |
| 602 | Fresh Drive03669238 · Podgorica | <0.1% | 369,033€ | +687.2% | 55,087€ | 14.9% | 10 | 1,137€ |
| 603 | Plavnica02801132 · Podgorica | <0.1% | 368,433€ | -8.9% | -719€ | -0.2% | 6 | 1,410€ |
| 604 | Sea Trade02669935 · Tivat | <0.1% | 367,948€ | -74.3% | -369,619€ | -100.5% | 1 | 615€ |
| 605 | L3 Montenegro03637875 · Bar | <0.1% | 367,358€ | +2,661.3% | -97,299€ | -26.5% | 13 | 1,259€ |
| 606 | Cruiser& Partners03644375 · Ulcinj | <0.1% | 367,071€ | +1.7% | 10,707€ | 2.9% | 7 | 506€ |
| 607 | Real Madrid03321789 · Podgorica | <0.1% | 366,920€ | +52.2% | 7,435€ | 2.0% | 11 | 733€ |
| 608 | Izvor Kod Petrovića02167921 · Bar | <0.1% | 366,520€ | +10.2% | 9,890€ | 2.7% | 14 | 711€ |
| 609 | Tapateo03458482 · Podgorica | <0.1% | 366,305€ | +15.0% | -81,029€ | -22.1% | 9 | 1,380€ |
| 610 | Karisma Hotels Management Montenegro03150054 · Podgorica | <0.1% | 366,071€ | +32.5% | 148,724€ | 40.6% | 3 | 4,314€ |
| 611 | Sofija-K03048411 · Herceg Novi | <0.1% | 365,069€ | +22.8% | -287,370€ | -78.7% | 17 | 431€ |
| 612 | Teatro BD03568750 · Budva | <0.1% | 363,720€ | -0.7% | 17,984€ | 4.9% | 3 | 1,346€ |
| 613 | D&C Group03671623 · Podgorica | <0.1% | 362,748€ | +142.7% | 49,487€ | 13.6% | 1 | 9,600€ |
| 614 | Trpeza Club02986302 · Kotor | <0.1% | 362,698€ | +36.0% | 107,502€ | 29.6% | 6 | 821€ |
| 615 | Prvi Maj03412059 · Budva | <0.1% | 362,637€ | +2.4% | 37,834€ | 10.4% | 5 | 1,930€ |
| 616 | Kasablanka02326183 · Budva | <0.1% | 360,819€ | +6.6% | 36,706€ | 10.2% | 10 | 710€ |
| 617 | Kosmopolis03339297 · Podgorica | <0.1% | 360,335€ | +6.8% | 58,534€ | 16.2% | 7 | 1,399€ |
| 618 | Žalo02796163 · Herceg Novi | <0.1% | 360,036€ | +6.5% | 37,165€ | 10.3% | 11 | 913€ |
| 619 | Third Element03407977 · Kotor | <0.1% | 359,694€ | -16.0% | 91,112€ | 25.3% | 9 | 990€ |
| 620 | Lucky Burger03666735 · Budva | <0.1% | 358,350€ | +225.8% | 13,274€ | 3.7% | 5 | 1,158€ |
| 621 | Asian Taste03401189 · Podgorica | <0.1% | 358,151€ | -37.9% | -45,933€ | -12.8% | 9 | 679€ |
| 622 | Lido-Turs02072149 · Bar | <0.1% | 357,884€ | -32.2% | 12,293€ | 3.4% | 6 | 881€ |
| 623 | Mediamar03214168 · Bar | <0.1% | 357,083€ | +12.0% | -1,536€ | -0.4% | 9 | 1,105€ |
| 624 | Pržun03115232 · Kotor | <0.1% | 356,669€ | -3.7% | 38,944€ | 10.9% | 6 | 703€ |
| 625 | Innovasense03276490 · Kotor | <0.1% | 356,520€ | +15.5% | 86,384€ | 24.2% | 4 | 894€ |
| 626 | Melagrana03173097 · Budva | <0.1% | 356,279€ | +22.2% | 46,747€ | 13.1% | 3 | 1,589€ |
| 627 | Solila03733700 · Tivat | <0.1% | 354,282€ | No filing for 2024. | 10,007€ | 2.8% | 5 | 892€ |
| 628 | LR02999986 · Danilovgrad | <0.1% | 354,057€ | +75.5% | 67,909€ | 19.2% | 6 | 867€ |
| 629 | Mne Radex03064417 · Herceg Novi | <0.1% | 354,045€ | +9.7% | -590€ | -0.2% | 11 | 942€ |
| 630 | Tabas & Co03411168 · Podgorica | <0.1% | 353,159€ | +13.7% | 8,856€ | 2.5% | 11 | 635€ |
| 631 | Mant Company03069524 · Podgorica | <0.1% | 352,599€ | +173.5% | 44,858€ | 12.7% | 8 | 696€ |
| 632 | Triglia03261492 · Budva | <0.1% | 351,702€ | -6.9% | 4,129€ | 1.2% | 8 | 723€ |
| 633 | V.N Company03426360 · Bar | <0.1% | 351,412€ | +7.6% | -7,331€ | -2.1% | 5 | 643€ |
| 634 | Kridzoni Company03668266 · Kotor | <0.1% | 351,209€ | +71.2% | 101,480€ | 28.9% | 4 | 1,661€ |
| 635 | Čokolatino02806819 · Kotor | <0.1% | 350,601€ | -22.1% | 10,713€ | 3.1% | 11 | 930€ |
| 636 | Manjana03540324 · Budva | <0.1% | 349,455€ | -3.5% | 13,624€ | 3.9% | 7 | 1,189€ |
| 637 | Kljajevića Luka02785323 · Pljevlja | <0.1% | 348,967€ | +44.3% | 20,530€ | 5.9% | 5 | 778€ |
| 638 | Abd Group03555429 · Budva | <0.1% | 348,734€ | -8.2% | 11,332€ | 3.2% | 8 | 402€ |
| 639 | Centrale As03475891 · Bar | <0.1% | 348,113€ | +44.7% | -3,844€ | -1.1% | 7 | 1,592€ |
| 640 | Butua Residence02900157 · Budva | <0.1% | 348,088€ | +64.3% | 134,928€ | 38.8% | 3 | 601€ |
| 641 | MVTĐ Company03733521 · Podgorica | <0.1% | 348,031€ | No filing for 2024. | 12,465€ | 3.6% | 9 | 756€ |
| 642 | Lanmico03121526 · Herceg Novi | <0.1% | 348,011€ | +4.3% | 40,407€ | 11.6% | 3 | 4,378€ |
| 643 | Slama Sutomore03428907 · Bar | <0.1% | 347,721€ | +22.0% | 97,267€ | 28.0% | 4 | 509€ |
| 644 | Artip Company02242630 · Podgorica | <0.1% | 347,674€ | +19.6% | 37,605€ | 10.8% | 4 | 653€ |
| 645 | Nin02383870 · Kotor | <0.1% | 346,261€ | +8.2% | -45,939€ | -13.3% | 10 | 1,639€ |
| 646 | Ražnatović02055791 · Podgorica | <0.1% | 345,106€ | +4.4% | 105,931€ | 30.7% | 8 | 610€ |
| 647 | Mikro-International02380471 · Budva | <0.1% | 343,634€ | -17.5% | 84,652€ | 24.6% | 7 | 927€ |
| 648 | Bulatović Company02687526 · Podgorica | <0.1% | 343,232€ | +10.6% | 42,015€ | 12.2% | 9 | 701€ |
| 649 | R.H. - Promet02430266 · Bijelo Polje | <0.1% | 342,346€ | -21.1% | 52,847€ | 15.4% | 5 | 711€ |
| 650 | Hotel Palma Jaz03298027 · Budva | <0.1% | 342,007€ | +42.8% | 22,326€ | 6.5% | 6 | 530€ |