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 951–1000 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* |
|---|
| 951 | Boka Porta02924340 · Kotor | <0.1% | 211,929€ | +6.5% | -80,859€ | -38.2% | 3 | 772€ |
| 952 | Vodice 05203559491 · Pljevlja | <0.1% | 211,756€ | -6.1% | -9,554€ | -4.5% | 9 | 840€ |
| 953 | Alla03075451 · Budva | <0.1% | 211,641€ | +139.6% | -26,611€ | -12.6% | 5 | 658€ |
| 954 | HD Farm03009416 · Bijelo Polje | <0.1% | 211,406€ | +17.1% | 3,069€ | 1.5% | 7 | 590€ |
| 955 | Welington02399679 · Tivat | <0.1% | 211,364€ | +6.0% | 2,289€ | 1.1% | 6 | 1,081€ |
| 956 | Piperska Stijena02970996 · Budva | <0.1% | 211,236€ | +12.5% | -32,471€ | -15.4% | 10 | 765€ |
| 957 | V M V03092682 · Herceg Novi | <0.1% | 211,113€ | +55.0% | 10,315€ | 4.9% | 3 | 1,416€ |
| 958 | Leut02212951 · Herceg Novi | <0.1% | 210,803€ | +47.7% | 71,835€ | 34.1% | 4 | 721€ |
| 959 | Orahovica Tours03526399 · Bar | <0.1% | 210,676€ | +16.5% | 12,385€ | 5.9% | 4 | 1,008€ |
| 960 | Mid Co03644189 · Bar | <0.1% | 210,646€ | +208.6% | 4,677€ | 2.2% | 9 | 644€ |
| 961 | R & S Maini03543439 · Budva | <0.1% | 210,346€ | +33.4% | 3,472€ | 1.7% | 4 | 1,154€ |
| 962 | Nirvana03011259 · Tivat | <0.1% | 210,283€ | +5.9% | 8,018€ | 3.8% | 2 | 1,033€ |
| 963 | Amaro02443236 · Herceg Novi | <0.1% | 210,233€ | -2.0% | 37,161€ | 17.7% | 7 | 718€ |
| 964 | Blumenstreet03520099 · Bar | <0.1% | 210,084€ | +22.7% | 7,453€ | 3.5% | 6 | 702€ |
| 965 | MV Nobel02920158 · Budva | <0.1% | 209,189€ | +52.1% | 18,754€ | 9.0% | 4 | 1,124€ |
| 966 | ZDB Group Company03743314 · Budva | <0.1% | 208,770€ | No filing for 2024. | 48,738€ | 23.3% | 4 | 358€ |
| 967 | Ko - Caffe03066355 · Kotor | <0.1% | 207,794€ | +73.0% | 55,120€ | 26.5% | 4 | 715€ |
| 968 | Cameleon02839563 · Pljevlja | <0.1% | 207,694€ | -26.7% | 32,896€ | 15.8% | 7 | 899€ |
| 969 | Imanje Rakočević02794446 · Mojkovac | <0.1% | 206,088€ | +17.8% | 25,179€ | 12.2% | 5 | 913€ |
| 970 | Ipm02948591 · Podgorica | <0.1% | 205,771€ | +16.3% | 1,574€ | 0.8% | 7 | 892€ |
| 971 | Simulatte03587363 · Nikšić | <0.1% | 205,548€ | +17.2% | 13,554€ | 6.6% | 9 | 746€ |
| 972 | Tabu02876337 · Budva | <0.1% | 205,025€ | -38.4% | 59,739€ | 29.1% | 2 | 1,216€ |
| 973 | Stajović Company02643472 · Zeta | <0.1% | 204,991€ | +14.0% | 35,025€ | 17.1% | 4 | 1,214€ |
| 974 | Camping Maslina02941023 · Budva | <0.1% | 204,901€ | +44.1% | 1,075€ | 0.5% | 2 | 2,389€ |
| 975 | Kunje03129659 · Bar | <0.1% | 204,785€ | +3.0% | 6,262€ | 3.1% | 12 | — |
| 976 | Goja BP 202303566242 · Bijelo Polje | <0.1% | 204,543€ | +33.1% | 999€ | 0.5% | 8 | 624€ |
| 977 | Meat&Burger03687180 · Budva | <0.1% | 203,734€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -33,902€ | -16.6% | 7 | 585€ |
| 978 | Family Rin03305805 · Danilovgrad | <0.1% | 203,605€ | -24.6% | -8,775€ | -4.3% | 11 | 524€ |
| 979 | Babuška03110192 · Podgorica | <0.1% | 203,292€ | +100.0% | 4,525€ | 2.2% | 3 | 1,366€ |
| 980 | SLS Maini03372502 · Budva | <0.1% | 203,132€ | -17.0% | -24,960€ | -12.3% | 9 | 623€ |
| 981 | Vanja BLT03419819 · Herceg Novi | <0.1% | 203,108€ | -11.1% | -11,514€ | -5.7% | 6 | 757€ |
| 982 | Joy HN03650871 · Herceg Novi | <0.1% | 202,787€ | +207.7% | 61,046€ | 30.1% | 4 | 572€ |
| 983 | Demić Company03522156 · Bijelo Polje | <0.1% | 202,002€ | +217.0% | 19,393€ | 9.6% | 8 | 948€ |
| 984 | Inna Group03703401 · Budva | <0.1% | 201,827€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 32,445€ | 16.1% | 1 | 3,528€ |
| 985 | Bellavista Company03193489 · Herceg Novi | <0.1% | 201,796€ | +2,851.1% | 4,220€ | 2.1% | 11 | 545€ |
| 986 | RM Mediterraneo02703505 · Budva | <0.1% | 201,575€ | +21.7% | -8,168€ | -4.1% | 4 | 1,254€ |
| 987 | Biblioteka Kod Kuma03178609 · Bijelo Polje | <0.1% | 201,202€ | +25.9% | 15,667€ | 7.8% | 7 | 749€ |
| 988 | Apetit 2203417891 · Herceg Novi | <0.1% | 200,975€ | +32.4% | -809€ | -0.4% | 6 | 934€ |
| 989 | Tianis03107531 · Kotor | <0.1% | 200,804€ | +54.2% | -5,064€ | -2.5% | 4 | 1,459€ |
| 990 | Darprom02729415 · Podgorica | <0.1% | 200,658€ | +35.8% | 41,523€ | 20.7% | 6 | 924€ |
| 991 | Feral Stari Grad03343219 · Budva | <0.1% | 200,429€ | +13.4% | 10,012€ | 5.0% | 3 | 1,598€ |
| 992 | Big 3 Group03495159 · Podgorica | <0.1% | 200,414€ | +42.2% | 4,085€ | 2.0% | 9 | 1,169€ |
| 993 | NGP Line03462145 · Budva | <0.1% | 200,239€ | +3.7% | -8,018€ | -4.0% | 8 | 840€ |
| 994 | Zomilus03103811 · Budva | <0.1% | 200,043€ | +7.7% | 27,489€ | 13.7% | 4 | 1,139€ |
| 995 | Gard Commerce02210126 · Budva | <0.1% | 199,984€ | -5.1% | 9,459€ | 4.7% | 5 | 878€ |
| 996 | Frank03132692 · Podgorica | <0.1% | 199,297€ | +6.2% | 17,951€ | 9.0% | 7 | 904€ |
| 997 | Deana Co03267199 · Bar | <0.1% | 199,215€ | +18.9% | 16,740€ | 8.4% | 3 | 1,035€ |
| 998 | HD 803754154 · Podgorica | <0.1% | 198,733€ | No filing for 2024. | 38,514€ | 19.4% | 3 | 425€ |
| 999 | Positive Invest03552748 · Nikšić | <0.1% | 198,474€ | +5.8% | 1,614€ | 0.8% | 6 | 841€ |
| 1000 | Marvel Tourism03589293 · Kotor | <0.1% | 198,213€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -24,558€ | -12.4% | 6 | 535€ |