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 1001–1050 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* |
|---|
| 1001 | Sei Sette03609987 · Podgorica | <0.1% | 197,415€ | +439.2% | 9,520€ | 4.8% | 5 | 492€ |
| 1002 | SKY Engeneering03378586 · Budva | <0.1% | 197,135€ | +58.4% | -119,775€ | -60.8% | 2 | 1,919€ |
| 1003 | Baila-Bar03205983 · Pljevlja | <0.1% | 196,841€ | +10.8% | 68,532€ | 34.8% | 5 | 661€ |
| 1004 | M-Salatić02133326 · Herceg Novi | <0.1% | 196,259€ | -16.7% | 1,846€ | 0.9% | 9 | 643€ |
| 1005 | First Angolo03706605 · Nikšić | <0.1% | 196,070€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 11,138€ | 5.7% | 6 | 869€ |
| 1006 | Pranvera03399125 · Tuzi | <0.1% | 195,983€ | +2,138.3% | 23,744€ | 12.1% | 5 | 861€ |
| 1007 | Ponta Petrovac02786966 · Budva | <0.1% | 195,199€ | -1.1% | -23,522€ | -12.1% | 4 | 475€ |
| 1008 | Restoran Royal03356647 · Ulcinj | <0.1% | 194,950€ | -1.7% | 9,112€ | 4.7% | 5 | 978€ |
| 1009 | Grgo Company03529606 · Podgorica | <0.1% | 194,899€ | +55.1% | 65,270€ | 33.5% | 2 | 485€ |
| 1010 | Helium03383067 · Podgorica | <0.1% | 194,885€ | +96.9% | 23,077€ | 11.8% | 5 | 782€ |
| 1011 | Agape Act02746565 · Tivat | <0.1% | 194,497€ | -42.2% | 10,892€ | 5.6% | 2 | 1,622€ |
| 1012 | Initium Company03413071 · Kotor | <0.1% | 194,340€ | +27.9% | 6,996€ | 3.6% | 5 | 1,049€ |
| 1013 | Vision CG03320308 · Podgorica | <0.1% | 194,173€ | -9.4% | -10,677€ | -5.5% | 5 | 1,803€ |
| 1014 | Buyisich03100936 · Plužine | <0.1% | 193,023€ | -8.1% | 1,070€ | 0.6% | 9 | 450€ |
| 1015 | Jakii03452263 · Budva | <0.1% | 192,962€ | -61.3% | 15,083€ | 7.8% | 6 | 1,094€ |
| 1016 | Nikudina03344126 · Budva | <0.1% | 192,925€ | -17.7% | -18,277€ | -9.5% | 4 | 682€ |
| 1017 | Kiwi03445356 · Podgorica | <0.1% | 192,906€ | +6.6% | 20,753€ | 10.8% | 7 | 640€ |
| 1018 | Z&Z Apolon02976439 · Pljevlja | <0.1% | 192,886€ | +41.2% | 28,623€ | 14.8% | 5 | 804€ |
| 1019 | Healthy Bar03669084 · Podgorica | <0.1% | 192,791€ | +50.1% | -12,877€ | -6.7% | 7 | 1,002€ |
| 1020 | Green Area03351866 · Podgorica | <0.1% | 192,540€ | +14.1% | 18,976€ | 9.9% | 3 | 1,276€ |
| 1021 | M.C.S03615782 · Budva | <0.1% | 192,144€ | +419.9% | -44,481€ | -23.1% | 4 | 1,279€ |
| 1022 | Makkila03360580 · Podgorica | <0.1% | 191,731€ | +82.6% | 41,597€ | 21.7% | 4 | 786€ |
| 1023 | Trotters Brothers03208141 · Budva | <0.1% | 191,462€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -25,130€ | -13.1% | 5 | 492€ |
| 1024 | Intermezzo MN03091040 · Podgorica | <0.1% | 191,430€ | +11.9% | -11,420€ | -6.0% | 7 | 795€ |
| 1025 | Pino Company03306569 · Ulcinj | <0.1% | 190,821€ | +3.5% | 6,487€ | 3.4% | 3 | 908€ |
| 1026 | Nevenmont02447177 · Herceg Novi | <0.1% | 190,616€ | +11.5% | 860€ | 0.5% | 4 | 635€ |
| 1027 | Oktoberfest03173470 · Nikšić | <0.1% | 190,234€ | +27.9% | 15,360€ | 8.1% | 7 | 670€ |
| 1028 | Scusi-ŽB03040925 · Žabljak | <0.1% | 189,819€ | +47.4% | 20,589€ | 10.8% | 4 | 629€ |
| 1029 | Alterturs02250934 · Bar | <0.1% | 189,781€ | -16.1% | 13,735€ | 7.2% | 4 | 532€ |
| 1030 | Kapri02453380 · Herceg Novi | <0.1% | 189,491€ | -18.6% | 32,592€ | 17.2% | 5 | 683€ |
| 1031 | Kovijanić Company03100464 · Šavnik | <0.1% | 189,408€ | +20.7% | 13,730€ | 7.2% | 3 | 945€ |
| 1032 | 3L Company03188175 · Bar | <0.1% | 189,117€ | +35.6% | 5,123€ | 2.7% | 4 | 1,091€ |
| 1033 | Figura03283593 · Podgorica | <0.1% | 188,916€ | -9.9% | 5,692€ | 3.0% | 6 | 757€ |
| 1034 | Pižun03653269 · Budva | <0.1% | 188,875€ | +114.4% | 31,619€ | 16.7% | 2 | 841€ |
| 1035 | Jazz Zvono03038220 · Plužine | <0.1% | 188,869€ | +18.7% | 1,367€ | 0.7% | 7 | 717€ |
| 1036 | Notre Maison03238121 · Budva | <0.1% | 188,693€ | +43.0% | 40,081€ | 21.2% | 2 | 444€ |
| 1037 | An-Ri Invest03149234 · Nikšić | <0.1% | 188,151€ | +203.2% | 2,017€ | 1.1% | 6 | 787€ |
| 1038 | Moje Selo03416054 · Šavnik | <0.1% | 188,106€ | +53.2% | 3,149€ | 1.7% | 4 | 851€ |
| 1039 | Fluffy Pancakes03725782 · Budva | <0.1% | 187,805€ | No filing for 2024. | 28,097€ | 15.0% | 7 | 690€ |
| 1040 | Allende Mne03358682 · Budva | <0.1% | 187,695€ | +13.3% | 48,769€ | 26.0% | 3 | 1,003€ |
| 1041 | Opax Mne03005682 · Cetinje | <0.1% | 187,489€ | +43.6% | 3,324€ | 1.8% | 2 | 987€ |
| 1042 | Persons Co03353796 · Kotor | <0.1% | 187,256€ | +14.8% | 23,266€ | 12.4% | 6 | 1,148€ |
| 1043 | Svašta Nešto02636417 · Podgorica | <0.1% | 186,880€ | +15.7% | 25,866€ | 13.8% | 3 | 1,230€ |
| 1044 | Plavi Talasi03261875 · Budva | <0.1% | 186,738€ | +10.1% | -36,379€ | -19.5% | 8 | 1,110€ |
| 1045 | Olympic Summer03080595 · Budva | <0.1% | 186,640€ | +15.4% | 14,506€ | 7.8% | 8 | — |
| 1046 | Vongola02759217 · Bar | <0.1% | 186,314€ | +4.7% | 52,192€ | 28.0% | 7 | 456€ |
| 1047 | PP Ventura03044882 · Podgorica | <0.1% | 185,735€ | -37.7% | -57,475€ | -30.9% | 5 | 752€ |
| 1048 | MV Mandrać02820862 · Budva | <0.1% | 185,656€ | -9.0% | -11,201€ | -6.0% | 5 | 510€ |
| 1049 | Jokić DBD03317480 · Podgorica | <0.1% | 185,381€ | +35.1% | 6,651€ | 3.6% | 5 | 546€ |
| 1050 | Richard CG03757714 · Podgorica | <0.1% | 185,215€ | No filing for 2024. | 34,549€ | 18.7% | 4 | — |