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 1601–1650 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* |
|---|
| 1601 | Temza Group03471918 · Podgorica | <0.1% | 79,637€ | -61.5% | -32,293€ | -40.6% | 5 | 571€ |
| 1602 | Sem-Co02397439 · Tivat | <0.1% | 79,440€ | +13.6% | 1,949€ | 2.5% | 4 | 903€ |
| 1603 | MDP Sport03629937 · Nikšić | <0.1% | 79,255€ | +54.0% | 7,489€ | 9.4% | 3 | 576€ |
| 1604 | Orgo03311724 · Ulcinj | <0.1% | 79,231€ | +0.6% | -5,896€ | -7.4% | 3 | 646€ |
| 1605 | King Kiflizza03744396 · Budva | <0.1% | 79,178€ | No filing for 2024. | 15,544€ | 19.6% | 3 | — |
| 1606 | XD Fastfood03050246 · Nikšić | <0.1% | 79,136€ | +39.7% | 79€ | 0.1% | 5 | 681€ |
| 1607 | Vudax02733056 · Cetinje | <0.1% | 79,029€ | +150.4% | 16,434€ | 20.8% | 3 | 554€ |
| 1608 | Infinitas02707918 · Bar | <0.1% | 79,011€ | +19.2% | -94€ | -0.1% | 4 | 603€ |
| 1609 | Škerović Gradnja02309602 · Bar | <0.1% | 78,961€ | +25.6% | 17,899€ | 22.7% | 2 | 805€ |
| 1610 | Lokve-Berane03312631 · Berane | <0.1% | 78,764€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -28,967€ | -36.8% | 3 | 1,885€ |
| 1611 | Društvance03070441 · Bar | <0.1% | 78,753€ | +10.5% | 3,043€ | 3.9% | 4 | 647€ |
| 1612 | Kuč Commerce03462501 · Podgorica | <0.1% | 78,430€ | +39.8% | -9,710€ | -12.4% | 4 | 619€ |
| 1613 | Tasty Life03729559 · Bar | <0.1% | 78,118€ | No filing for 2024. | 3,935€ | 5.0% | 6 | 599€ |
| 1614 | Montesol02410346 · Budva | <0.1% | 78,031€ | +8.7% | 30,084€ | 38.6% | 3 | 484€ |
| 1615 | Ožegović Family03354695 · Herceg Novi | <0.1% | 77,995€ | -39.1% | -1,427€ | -1.8% | 5 | 674€ |
| 1616 | Grill Somun03720063 · Nikšić | <0.1% | 77,899€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -3,119€ | -4.0% | 3 | 517€ |
| 1617 | Hermes Budva03154823 · Budva | <0.1% | 77,717€ | -22.9% | 9,047€ | 11.6% | 2 | 1,058€ |
| 1618 | Dragičević Company03732746 · Budva | <0.1% | 77,671€ | No filing for 2024. | 5,112€ | 6.6% | 1 | 999€ |
| 1619 | Poki 2703486206 · Herceg Novi | <0.1% | 77,602€ | +13.6% | -7,872€ | -10.1% | 2 | 670€ |
| 1620 | Montenegro Events02707861 · Budva | <0.1% | 77,523€ | +21.7% | 658€ | 0.8% | 5 | 661€ |
| 1621 | Supera Montenegro03619010 · Podgorica | <0.1% | 76,900€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 39,896€ | 51.9% | 2 | — |
| 1622 | Teuta02127911 · Ulcinj | <0.1% | 76,593€ | +0.4% | -13,628€ | -17.8% | 3 | 626€ |
| 1623 | Slavija Tours03105695 · Berane | <0.1% | 76,573€ | +54.4% | 4,423€ | 5.8% | 3 | 675€ |
| 1624 | Tara Bar02792567 · Bijelo Polje | <0.1% | 76,264€ | +10.3% | -8,137€ | -10.7% | 4 | 903€ |
| 1625 | Rino Company03687201 · Podgorica | <0.1% | 76,132€ | +204.4% | -2,272€ | -3.0% | 2 | 865€ |
| 1626 | MB Turist02268159 · Žabljak | <0.1% | 76,099€ | -62.4% | -25,976€ | -34.1% | 4 | 1,576€ |
| 1627 | Pro Delivery Plus03673693 · Podgorica | <0.1% | 75,707€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,708€ | -3.6% | 1 | 2,241€ |
| 1628 | Las Vegas03475808 · Podgorica | <0.1% | 75,588€ | -0.4% | 3,627€ | 4.8% | 2 | 816€ |
| 1629 | Napoleon Montenegro03082059 · Kolašin | <0.1% | 75,564€ | +12.0% | -13,209€ | -17.5% | 2 | 763€ |
| 1630 | Floyd-Floyd03351637 · Nikšić | <0.1% | 75,499€ | +14.1% | -19,915€ | -26.4% | 5 | 546€ |
| 1631 | Frukta-Milk02313081 · Bijelo Polje | <0.1% | 75,227€ | -13.3% | 557€ | 0.7% | 5 | 686€ |
| 1632 | Milenijum JM02413507 · Pljevlja | <0.1% | 75,201€ | -4.8% | -15,785€ | -21.0% | 5 | 478€ |
| 1633 | Marika & Company03369935 · Nikšić | <0.1% | 75,046€ | +38.7% | 2,824€ | 3.8% | 1 | 369€ |
| 1634 | Te & Be03432297 · Budva | <0.1% | 75,001€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 7,919€ | 10.6% | 3 | 598€ |
| 1635 | Krug Koffee03554660 · Bar | <0.1% | 74,941€ | +123.6% | 1,583€ | 2.1% | 4 | 568€ |
| 1636 | Hedonikinvest03335763 · Podgorica | <0.1% | 74,879€ | -12.4% | -7,069€ | -9.4% | 5 | 622€ |
| 1637 | Em Company02989964 · Pljevlja | <0.1% | 74,811€ | -8.0% | -27,127€ | -36.3% | 3 | 1,314€ |
| 1638 | Daily Caffeine03690504 · Podgorica | <0.1% | 74,799€ | +182.9% | -1,469€ | -2.0% | 3 | 580€ |
| 1639 | Novi Ambiente03625095 · Berane | <0.1% | 74,745€ | +258.5% | -4,822€ | -6.5% | 4 | 1,243€ |
| 1640 | Imi03023621 · Bar | <0.1% | 74,534€ | -10.5% | -11,185€ | -15.0% | 3 | 968€ |
| 1641 | Ravni KRŠ - Co03304744 · Berane | <0.1% | 74,492€ | +41.0% | 1,000€ | 1.3% | 2 | 2,544€ |
| 1642 | Forcella03752127 · Bar | <0.1% | 74,432€ | No filing for 2024. | -20,034€ | -26.9% | 5 | 792€ |
| 1643 | Mujo - S Invest03383768 · Bar | <0.1% | 74,231€ | +15.9% | -17,392€ | -23.4% | 4 | 735€ |
| 1644 | Selinsezer03584798 · Budva | <0.1% | 74,174€ | +362.8% | 1,794€ | 2.4% | 2 | 804€ |
| 1645 | Montemar03217337 · Herceg Novi | <0.1% | 74,104€ | +249.1% | -11,530€ | -15.6% | 2 | — |
| 1646 | Ratatui03438252 · Herceg Novi | <0.1% | 73,719€ | +54.8% | -14,245€ | -19.3% | 3 | 615€ |
| 1647 | Ascension03560287 · Herceg Novi | <0.1% | 73,704€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 35,563€ | 48.3% | 2 | 711€ |
| 1648 | ZR03296504 · Berane | <0.1% | 73,686€ | +3.6% | -3,181€ | -4.3% | 5 | 806€ |
| 1649 | Il Piacere03395430 · Podgorica | <0.1% | 73,663€ | +9.4% | -10,897€ | -14.8% | 2 | 1,089€ |
| 1650 | Lanček03630145 · Cetinje | <0.1% | 73,604€ | +124.0% | -5,661€ | -7.7% | 1 | 770€ |