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 2051–2100 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* |
|---|
| 2051 | Povratak03770168 · Berane | <0.1% | 33,063€ | No filing for 2024. | 1,435€ | 4.3% | 2 | 618€ |
| 2052 | Doner King03600637 · Rožaje | <0.1% | 33,053€ | -15.2% | -30,032€ | -90.9% | 4 | 1,162€ |
| 2053 | Spektra Star03173208 · Tuzi | <0.1% | 32,937€ | +5.7% | -4,850€ | -14.7% | 1 | 1,017€ |
| 2054 | Fenix N.Š.03236137 · Berane | <0.1% | 32,901€ | -20.3% | -1,411€ | -4.3% | 2 | 904€ |
| 2055 | Seoul+ Bap Box03637972 · Podgorica | <0.1% | 32,859€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -50,101€ | -152.5% | 3 | 899€ |
| 2056 | Š&Z Company03127672 · Podgorica | <0.1% | 32,802€ | -3.8% | 2,528€ | 7.7% | 2 | 572€ |
| 2057 | Salina03082270 · Ulcinj | <0.1% | 32,677€ | +14.4% | -1,682€ | -5.1% | 1 | 1,829€ |
| 2058 | Pop02717174 · Herceg Novi | <0.1% | 32,660€ | -10.9% | -14,914€ | -45.7% | 2 | 561€ |
| 2059 | Zani03122476 · Ulcinj | <0.1% | 32,579€ | -18.2% | -530€ | -1.6% | 2 | 629€ |
| 2060 | The Vault03699161 · Podgorica | <0.1% | 32,401€ | +1,226.3% | -5,445€ | -16.8% | 2 | 417€ |
| 2061 | Siari03741974 · Tuzi | <0.1% | 32,282€ | No filing for 2024. | 2,701€ | 8.4% | 1 | 1,077€ |
| 2062 | Uca Alan03570592 · Budva | <0.1% | 32,248€ | -3.3% | -14,413€ | -44.7% | 3 | 743€ |
| 2063 | Inpensa03374351 · Berane | <0.1% | 31,861€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,638€ | -36.5% | 3 | 506€ |
| 2064 | Hurrej03251861 · Podgorica | <0.1% | 31,861€ | -14.0% | 1,576€ | 4.9% | 2 | 424€ |
| 2065 | Dženy Company03420299 · Bijelo Polje | <0.1% | 31,743€ | -26.8% | -11,984€ | -37.8% | 3 | 922€ |
| 2066 | Elmus03767981 · Cetinje | <0.1% | 31,666€ | No filing for 2024. | 2,857€ | 9.0% | 1 | 360€ |
| 2067 | Fortuna Plus03737845 · Nikšić | <0.1% | 31,572€ | No filing for 2024. | 981€ | 3.1% | 3 | — |
| 2068 | Premija Mne03108074 · Rožaje | <0.1% | 31,489€ | +70.2% | -13,251€ | -42.1% | 3 | 679€ |
| 2069 | Simon Group03354750 · Bijelo Polje | <0.1% | 31,481€ | -39.5% | -12,796€ | -40.6% | 3 | 1,017€ |
| 2070 | Hamburg02679230 · Bijelo Polje | <0.1% | 31,376€ | +17.2% | 882€ | 2.8% | 2 | 929€ |
| 2071 | Kangaroo02412268 · Budva | <0.1% | 31,070€ | -85.9% | -49,691€ | -159.9% | 4 | 673€ |
| 2072 | Monte Escape Village03752119 · Šavnik | <0.1% | 30,897€ | No filing for 2024. | -9,504€ | -30.8% | 2 | 770€ |
| 2073 | Pronto02225549 · Podgorica | <0.1% | 30,848€ | -82.5% | -40,239€ | -130.4% | 3 | 914€ |
| 2074 | Fantasy Corner03738990 · Tuzi | <0.1% | 30,809€ | No filing for 2024. | 2,769€ | 9.0% | 1 | 1,671€ |
| 2075 | Izvor Nina03732444 · Podgorica | <0.1% | 30,809€ | No filing for 2024. | 3,191€ | 10.4% | 2 | 438€ |
| 2076 | Apartmani Berlin03350541 · Ulcinj | <0.1% | 30,757€ | +401.3% | -6,790€ | -22.1% | 1 | 708€ |
| 2077 | Nadgora Resort03756980 · Žabljak | <0.1% | 30,757€ | No filing for 2024. | -2,622€ | -8.5% | 2 | 602€ |
| 2078 | PE&NI03745619 · Tuzi | <0.1% | 30,633€ | No filing for 2024. | -13,263€ | -43.3% | 5 | 426€ |
| 2079 | Orpheus02667231 · Budva | <0.1% | 30,618€ | +50.3% | 6,023€ | 19.7% | 2 | 948€ |
| 2080 | Yu-Gastro03138836 · Kotor | <0.1% | 30,461€ | -11.8% | -1,138€ | -3.7% | 1 | 799€ |
| 2081 | Maina MD-Travel03099237 · Budva | <0.1% | 30,433€ | +6.2% | 1,611€ | 5.3% | 2 | 675€ |
| 2082 | Đurđevdan-MD03425339 · Mojkovac | <0.1% | 30,336€ | +19.3% | 361€ | 1.2% | 2 | 737€ |
| 2083 | Gross Market02091682 · Podgorica | <0.1% | 30,151€ | +60.7% | 459€ | 1.5% | 1 | — |
| 2084 | Šćepi Invest03773299 · Herceg Novi | <0.1% | 30,144€ | No filing for 2024. | 4,779€ | 15.9% | 2 | — |
| 2085 | Mamma Mia03082105 · Berane | <0.1% | 30,127€ | -18.3% | -2,765€ | -9.2% | 1 | 1,630€ |
| 2086 | Šćepanović02198975 · Podgorica | <0.1% | 30,056€ | +7.6% | -137€ | -0.5% | 2 | 688€ |
| 2087 | HVK02739534 · Podgorica | <0.1% | 30,039€ | -2.0% | 2,845€ | 9.5% | 1 | 511€ |
| 2088 | S.A.M. Svyato03698408 · Budva | <0.1% | 30,006€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 496€ | 1.7% | 1 | 664€ |
| 2089 | A & B - Tim03373029 · Tivat | <0.1% | 29,990€ | +5.8% | -7,736€ | -25.8% | 2 | 1,396€ |
| 2090 | Avram03132072 · Pljevlja | <0.1% | 29,974€ | +2.4% | -1,277€ | -4.3% | 3 | 491€ |
| 2091 | DPD Fargo03247775 · Podgorica | <0.1% | 29,973€ | +4.0% | 279€ | 0.9% | 1 | — |
| 2092 | Egor Max Company Limited03424049 · Bar | <0.1% | 29,958€ | -3.3% | -23,074€ | -77.0% | 3 | 893€ |
| 2093 | Allaj Company03000001 · Ulcinj | <0.1% | 29,936€ | -4.0% | -5,884€ | -19.7% | 3 | 490€ |
| 2094 | Faro Commerce02127512 · Podgorica | <0.1% | 29,936€ | -2.1% | -1,111€ | -3.7% | 2 | 494€ |
| 2095 | M.S.M. Đurašaj03118681 · Tuzi | <0.1% | 29,934€ | +54.9% | -13,743€ | -45.9% | 2 | 514€ |
| 2096 | Omaž03167003 · Podgorica | <0.1% | 29,926€ | -10.9% | -5,031€ | -16.8% | 3 | 581€ |
| 2097 | Legenda VJ02451891 · Kolašin | <0.1% | 29,902€ | +20.7% | 1,230€ | 4.1% | 2 | — |
| 2098 | Best Cake02783436 · Podgorica | <0.1% | 29,860€ | -6.4% | -9,215€ | -30.9% | 4 | 603€ |
| 2099 | Tri Lale03706664 · Podgorica | <0.1% | 29,856€ | +3,989.9% | -2,344€ | -7.9% | 3 | 500€ |
| 2100 | Train Company03456153 · Nikšić | <0.1% | 29,841€ | +27.6% | -12,961€ | -43.4% | 5 | 466€ |