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 1551–1600 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* |
|---|
| 1551 | Nonimi-S03329194 · Plužine | <0.1% | 86,674€ | +109.0% | 1,127€ | 1.3% | 2 | 899€ |
| 1552 | Alm Business02435713 · Tivat | <0.1% | 86,422€ | +33.4% | 48,721€ | 56.4% | 1 | 718€ |
| 1553 | Rijeka Travel Mne03528065 · Podgorica | <0.1% | 86,318€ | +69.3% | 6,786€ | 7.9% | 3 | 713€ |
| 1554 | Empire Group03470148 · Budva | <0.1% | 86,241€ | -10.6% | 15,767€ | 18.3% | 1 | 1,916€ |
| 1555 | Nenezić Star03151735 · Bar | <0.1% | 85,952€ | -4.0% | -8,975€ | -10.4% | 3 | 1,056€ |
| 1556 | MVP Klub03020347 · Kolašin | <0.1% | 85,898€ | +101.7% | -21,921€ | -25.5% | 3 | 813€ |
| 1557 | Konoba - Vinoteka Virpazar03185028 · Bar | <0.1% | 85,821€ | -21.8% | -21,664€ | -25.2% | 4 | 611€ |
| 1558 | Bony Investment03216659 · Tivat | <0.1% | 85,695€ | -11.3% | -5,508€ | -6.4% | 1 | 675€ |
| 1559 | Morea02384809 · Bar | <0.1% | 85,630€ | +12.0% | 7,451€ | 8.7% | 3 | 539€ |
| 1560 | Wild Texas03740803 · Podgorica | <0.1% | 84,987€ | No filing for 2024. | -22,893€ | -26.9% | 1 | 1,562€ |
| 1561 | Dupla Devetka02437490 · Podgorica | <0.1% | 84,950€ | +46.6% | 1,421€ | 1.7% | 3 | 678€ |
| 1562 | Hasković Company03633403 · Bar | <0.1% | 84,844€ | +197.9% | 3,719€ | 4.4% | 3 | 632€ |
| 1563 | Etage Vista03163482 · Herceg Novi | <0.1% | 84,766€ | +260.2% | -10,070€ | -11.9% | 4 | 1,063€ |
| 1564 | Trip North03392520 · Rožaje | <0.1% | 84,353€ | -59.8% | 5,341€ | 6.3% | 1 | 1,228€ |
| 1565 | Rid Company03767639 · Nikšić | <0.1% | 84,161€ | No filing for 2024. | 337€ | 0.4% | 5 | 451€ |
| 1566 | Simba Mne03743560 · Podgorica | <0.1% | 84,160€ | No filing for 2024. | 13,946€ | 16.6% | 1 | 1,751€ |
| 1567 | MB Investment03121267 · Podgorica | <0.1% | 84,000€ | +3.7% | 41,261€ | 49.1% | 1 | 375€ |
| 1568 | Krčma Nostalgija03087166 · Žabljak | <0.1% | 83,873€ | -9.0% | -25,366€ | -30.2% | 3 | 1,203€ |
| 1569 | Mars Company Vulević03517586 · Danilovgrad | <0.1% | 83,595€ | -8.7% | 7,603€ | 9.1% | 1 | 676€ |
| 1570 | Brothers Fast Food03658058 · Budva | <0.1% | 83,577€ | +199.1% | 4,518€ | 5.4% | 3 | 724€ |
| 1571 | North Company03382818 · Bar | <0.1% | 83,389€ | -13.4% | -41,026€ | -49.2% | 7 | 587€ |
| 1572 | Begzić Group03650235 · Bar | <0.1% | 83,374€ | +20.5% | 256€ | 0.3% | 3 | 672€ |
| 1573 | Bali Group03427234 · Bijelo Polje | <0.1% | 83,277€ | +55.4% | -6,565€ | -7.9% | 3 | 669€ |
| 1574 | Sun&Sunny03466566 · Podgorica | <0.1% | 83,145€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -66,796€ | -80.3% | 5 | 984€ |
| 1575 | In Medias Res02930609 · Bar | <0.1% | 83,046€ | -58.1% | -19,344€ | -23.3% | 4 | 609€ |
| 1576 | Maxinvest03172554 · Podgorica | <0.1% | 83,027€ | -30.0% | 4,642€ | 5.6% | 4 | 749€ |
| 1577 | Petrus03323617 · Podgorica | <0.1% | 82,814€ | -78.5% | -86,797€ | -104.8% | 6 | 671€ |
| 1578 | Vagon03263282 · Herceg Novi | <0.1% | 82,777€ | -1.0% | -34,570€ | -41.8% | 5 | 419€ |
| 1579 | Vuso03635023 · Podgorica | <0.1% | 82,666€ | +548.8% | 17,006€ | 20.6% | 2 | 531€ |
| 1580 | Topp Bordo03427307 · Nikšić | <0.1% | 82,627€ | +57.7% | 696€ | 0.8% | 3 | 604€ |
| 1581 | Dzodi03636518 · Herceg Novi | <0.1% | 82,597€ | +52.5% | -2,270€ | -2.7% | 5 | 622€ |
| 1582 | System Duklja Kerber02338076 · Podgorica | <0.1% | 82,462€ | -20.0% | -20,054€ | -24.3% | 3 | 621€ |
| 1583 | Boka Beach03746402 · Tivat | <0.1% | 82,450€ | No filing for 2024. | 1,691€ | 2.1% | 1 | 1,204€ |
| 1584 | Kaćun03555283 · Podgorica | <0.1% | 82,287€ | +19.1% | 271€ | 0.3% | 2 | 1,176€ |
| 1585 | Tsu03153401 · Podgorica | <0.1% | 82,281€ | -9.6% | 11,473€ | 13.9% | 2 | 1,035€ |
| 1586 | Zec J.V.A03089550 · Budva | <0.1% | 82,229€ | +263.4% | 29,446€ | 35.8% | 3 | 583€ |
| 1587 | Region 603335879 · Bijelo Polje | <0.1% | 82,206€ | +1.8% | -10,195€ | -12.4% | 5 | 893€ |
| 1588 | Buongustogelato03326721 · Cetinje | <0.1% | 81,853€ | +270.4% | 8,856€ | 10.8% | 2 | 683€ |
| 1589 | Vitaminče03358836 · Podgorica | <0.1% | 81,812€ | +13.6% | 23€ | 0.0% | 2 | 566€ |
| 1590 | Montenegro Premier02438496 · Podgorica | <0.1% | 81,799€ | -57.1% | -508,267€ | -621.4% | 3 | 512€ |
| 1591 | Evropa Lux03120422 · Berane | <0.1% | 81,758€ | -57.8% | -12,796€ | -15.7% | 4 | 1,224€ |
| 1592 | I&R Company03132684 · Berane | <0.1% | 81,177€ | -2.2% | 2,624€ | 3.2% | 9 | 367€ |
| 1593 | Mali TRG03641643 · Podgorica | <0.1% | 81,082€ | +34.0% | 1,969€ | 2.4% | 3 | 450€ |
| 1594 | Mini-Maxi02357810 · Pljevlja | <0.1% | 81,014€ | +7.3% | 1,235€ | 1.5% | 7 | 607€ |
| 1595 | DL Group03341194 · Podgorica | <0.1% | 80,989€ | +0.2% | 11,606€ | 14.3% | 3 | 716€ |
| 1596 | Fortuna - Šćepanović02343371 · Kotor | <0.1% | 80,885€ | -10.7% | -23,278€ | -28.8% | 3 | 716€ |
| 1597 | TSR Service03573974 · Bar | <0.1% | 80,844€ | -6.4% | -72€ | -0.1% | 1 | 5,724€ |
| 1598 | Franus03152871 · Bar | <0.1% | 80,771€ | -8.4% | -25,776€ | -31.9% | 3 | 383€ |
| 1599 | Krljice03294935 · Berane | <0.1% | 80,557€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 9,125€ | 11.3% | 3 | 619€ |
| 1600 | Villa Lev03102432 · Tivat | <0.1% | 80,117€ | -17.8% | -18,674€ | -23.3% | 3 | 523€ |