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 1701–1750 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* |
|---|
| 1701 | MNRC03518566 · Podgorica | <0.1% | 66,569€ | +9.0% | -5,035€ | -7.6% | 3 | 506€ |
| 1702 | Tiki Bar03749401 · Nikšić | <0.1% | 66,552€ | No filing for 2024. | 5,569€ | 8.4% | 4 | 452€ |
| 1703 | Srećan Žar02706687 · Budva | <0.1% | 66,400€ | -0.1% | -42,497€ | -64.0% | 1 | 3,447€ |
| 1704 | Fermentor03604349 · Podgorica | <0.1% | 66,281€ | +100.4% | 10,452€ | 15.8% | 2 | 1,073€ |
| 1705 | Amas Holding03350851 · Bar | <0.1% | 66,268€ | -3.3% | 3,310€ | 5.0% | 3 | 891€ |
| 1706 | Dajti Company03709396 · Ulcinj | <0.1% | 66,220€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 8,625€ | 13.0% | 2 | — |
| 1707 | The Sons03501531 · Bar | <0.1% | 66,069€ | -29.1% | 405€ | 0.6% | 6 | 653€ |
| 1708 | BMS Vujović03271846 · Podgorica | <0.1% | 66,000€ | +7.0% | -7,702€ | -11.7% | 3 | 901€ |
| 1709 | MN Radusinović03079309 · Podgorica | <0.1% | 65,800€ | +4.3% | -385€ | -0.6% | 3 | 661€ |
| 1710 | Nitulim03371891 · Podgorica | <0.1% | 65,753€ | +15.2% | 4,058€ | 6.2% | 1 | 1,044€ |
| 1711 | Sanami03195350 · Berane | <0.1% | 65,714€ | +26.2% | 7,034€ | 10.7% | 2 | 1,089€ |
| 1712 | Restoran Han03388310 · Bijelo Polje | <0.1% | 65,610€ | -20.4% | -49,636€ | -75.7% | 6 | 674€ |
| 1713 | M&M Holdings03767078 · Herceg Novi | <0.1% | 65,590€ | No filing for 2024. | 2,115€ | 3.2% | 2 | 914€ |
| 1714 | Monte River02689421 · Podgorica | <0.1% | 65,452€ | -33.5% | 4,223€ | 6.5% | 5 | 322€ |
| 1715 | F.T.H.03371859 · Podgorica | <0.1% | 65,378€ | +35.3% | 10,201€ | 15.6% | 3 | 520€ |
| 1716 | Kacel03522997 · Tuzi | <0.1% | 65,181€ | -2.1% | 1,490€ | 2.3% | 3 | 655€ |
| 1717 | Mujanović02918331 · Bijelo Polje | <0.1% | 65,181€ | +277.6% | 22,544€ | 34.6% | 4 | 563€ |
| 1718 | Luminous Software03337375 · Podgorica | <0.1% | 65,103€ | +449.0% | -19,367€ | -29.7% | 7 | — |
| 1719 | Yeshill03242986 · Budva | <0.1% | 65,071€ | -24.5% | -12,295€ | -18.9% | 2 | 1,175€ |
| 1720 | Dream Trope03356396 · Herceg Novi | <0.1% | 64,966€ | +6.6% | -11,868€ | -18.3% | 5 | 594€ |
| 1721 | Good Story03295702 · Pljevlja | <0.1% | 64,910€ | +9.4% | 152€ | 0.2% | 4 | 675€ |
| 1722 | Koliba JM03479323 · Kolašin | <0.1% | 64,860€ | +8.0% | -814€ | -1.3% | 3 | 775€ |
| 1723 | Mi - Class03315363 · Nikšić | <0.1% | 64,796€ | -21.7% | 14,420€ | 22.3% | 1 | 674€ |
| 1724 | Montecuba03271331 · Budva | <0.1% | 64,562€ | +52,819.7% | 3,496€ | 5.4% | 1 | 1,011€ |
| 1725 | Garden03016404 · Pljevlja | <0.1% | 64,531€ | +80.9% | 1,168€ | 1.8% | 3 | 632€ |
| 1726 | Speedster02977435 · Budva | <0.1% | 64,418€ | -21.4% | -50,749€ | -78.8% | 7 | 799€ |
| 1727 | SKY View Montenegro02902605 · Budva | <0.1% | 64,183€ | -37.1% | -23,488€ | -36.6% | 2 | 1,527€ |
| 1728 | Deta-96903658350 · Budva | <0.1% | 63,700€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 20,354€ | 32.0% | 2 | — |
| 1729 | Skyit02901650 · Podgorica | <0.1% | 63,611€ | -35.9% | -9,039€ | -14.2% | 2 | 466€ |
| 1730 | Lativi03489230 · Kotor | <0.1% | 63,342€ | +25.1% | -17,740€ | -28.0% | 3 | 717€ |
| 1731 | Gagaco02914573 · Berane | <0.1% | 63,308€ | -22.8% | -14,795€ | -23.4% | 3 | 1,940€ |
| 1732 | Bracera02770687 · Bar | <0.1% | 63,305€ | +30.6% | 3,568€ | 5.6% | 3 | 667€ |
| 1733 | Tremolo03699781 · Nikšić | <0.1% | 63,284€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -104,075€ | -164.5% | 7 | 1,149€ |
| 1734 | Chili Grill02940230 · Danilovgrad | <0.1% | 63,257€ | +7.8% | 9,151€ | 14.5% | 2 | 901€ |
| 1735 | Ravenite03290441 · Podgorica | <0.1% | 63,131€ | +13.6% | -10,097€ | -16.0% | 3 | 697€ |
| 1736 | Fastlane03569080 · Žabljak | <0.1% | 63,035€ | +61.4% | 8,364€ | 13.3% | 4 | 723€ |
| 1737 | VD Design Professional03288510 · Bar | <0.1% | 63,031€ | -26.9% | 9,750€ | 15.5% | 3 | 508€ |
| 1738 | Zlatni do02205688 · Kolašin | <0.1% | 62,896€ | -1.6% | 150€ | 0.2% | 3 | 758€ |
| 1739 | Benzersiz03252078 · Žabljak | <0.1% | 62,883€ | -43.7% | -9,334€ | -14.8% | 4 | 666€ |
| 1740 | White Lotus03692434 · Budva | <0.1% | 62,820€ | No filing for 2024. | -20,879€ | -33.2% | 2 | 483€ |
| 1741 | Winter Flower03531015 · Herceg Novi | <0.1% | 62,813€ | -6.8% | 2,413€ | 3.8% | 3 | 622€ |
| 1742 | Repeta03582159 · Nikšić | <0.1% | 62,725€ | -6.3% | -10,587€ | -16.9% | 4 | 670€ |
| 1743 | Hoopoe - Glamping and Adventures03247686 · Bar | <0.1% | 62,691€ | +29.4% | 3,561€ | 5.7% | 3 | 673€ |
| 1744 | Grandtrade02322153 · Nikšić | <0.1% | 62,633€ | -0.8% | 1,189€ | 1.9% | 4 | 578€ |
| 1745 | Montebook Inc03426688 · Tivat | <0.1% | 62,620€ | +1,092.8% | -18,023€ | -28.8% | 1 | 678€ |
| 1746 | Tarkus03410501 · Budva | <0.1% | 62,348€ | -14.0% | -4,690€ | -7.5% | 4 | 720€ |
| 1747 | Sweet DNG03591654 · Danilovgrad | <0.1% | 62,344€ | +47.0% | -1,537€ | -2.5% | 2 | 592€ |
| 1748 | Akcija Tri03251136 · Bijelo Polje | <0.1% | 62,288€ | -5.2% | -31,862€ | -51.2% | 4 | 735€ |
| 1749 | Njegoš02022419 · Cetinje | <0.1% | 62,232€ | -27.7% | 0€ | 0.0% | 1 | 4,674€ |
| 1750 | Nikomd03648303 · Budva | <0.1% | 62,150€ | -12.0% | -2,067€ | -3.3% | 3 | 738€ |