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 2151–2200 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* |
|---|
| 2151 | Benita03222098 · Ulcinj | <0.1% | 27,773€ | -12.4% | 3,502€ | 12.6% | 2 | 947€ |
| 2152 | Nova Tajna03272290 · Petnjica | <0.1% | 27,749€ | +69.1% | -3,245€ | -11.7% | 2 | 675€ |
| 2153 | Radulović NS03312879 · Mojkovac | <0.1% | 27,746€ | -11.8% | -2,441€ | -8.8% | 2 | 713€ |
| 2154 | Đalović Company03335542 · Bijelo Polje | <0.1% | 27,588€ | -7.2% | -10,147€ | -36.8% | 2 | 731€ |
| 2155 | Aurora Innovations03640078 · Tivat | <0.1% | 27,521€ | +808.3% | 746€ | 2.7% | 1 | 922€ |
| 2156 | Minis Mne03133974 · Bar | <0.1% | 27,465€ | +79.9% | 1,133€ | 4.1% | 2 | 373€ |
| 2157 | Kraljević MK03680541 · Budva | <0.1% | 27,334€ | +665.0% | -6,391€ | -23.4% | 2 | 724€ |
| 2158 | Aksaraj - 3M03199894 · Rožaje | <0.1% | 27,327€ | -23.1% | -19,540€ | -71.5% | 4 | 505€ |
| 2159 | SND Plus03125491 · Bar | <0.1% | 27,283€ | +3.7% | -20,560€ | -75.4% | 3 | 675€ |
| 2160 | Ukropina03684016 · Herceg Novi | <0.1% | 27,282€ | +67.2% | -9,253€ | -33.9% | 2 | 734€ |
| 2161 | Efović Company03752402 · Bar | <0.1% | 27,267€ | No filing for 2024. | -6,664€ | -24.4% | 2 | 537€ |
| 2162 | Vrhovi02947595 · Žabljak | <0.1% | 27,189€ | +7.6% | 1,704€ | 6.3% | 1 | 675€ |
| 2163 | Deretić & Co03075524 · Herceg Novi | <0.1% | 27,144€ | -21.6% | 871€ | 3.2% | 3 | 542€ |
| 2164 | Guest House Pino03222322 · Bar | <0.1% | 27,017€ | -11.2% | 265€ | 1.0% | 1 | 678€ |
| 2165 | Klikovac Company03476383 · Podgorica | <0.1% | 27,004€ | +2.2% | -3,604€ | -13.3% | 1 | 678€ |
| 2166 | 3 M D03484700 · Nikšić | <0.1% | 26,958€ | +127.9% | 6,061€ | 22.5% | 2 | 519€ |
| 2167 | Elektromreža Srbije02789167 · Budva | <0.1% | 26,916€ | -1.6% | 9,806€ | 36.4% | 1 | 575€ |
| 2168 | Polux02309912 · Herceg Novi | <0.1% | 26,879€ | +42.0% | -4,796€ | -17.8% | 2 | 831€ |
| 2169 | I&E03297276 · Rožaje | <0.1% | 26,828€ | +77.8% | -4,707€ | -17.5% | 3 | 520€ |
| 2170 | Betis03105768 · Bijelo Polje | <0.1% | 26,806€ | -42.3% | 1,387€ | 5.2% | 2 | 677€ |
| 2171 | Kiana03487628 · Kotor | <0.1% | 26,706€ | +20.2% | 2,383€ | 8.9% | 2 | 675€ |
| 2172 | Pantović03242676 · Nikšić | <0.1% | 26,668€ | -11.6% | 235€ | 0.9% | 1 | 675€ |
| 2173 | Subić Family03046010 · Herceg Novi | <0.1% | 26,587€ | -45.9% | 2,331€ | 8.8% | 2 | 397€ |
| 2174 | Immo Adrija03411753 · Ulcinj | <0.1% | 26,550€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -3,706€ | -14.0% | 1 | 1,385€ |
| 2175 | PLM Group03495388 · Budva | <0.1% | 26,531€ | +51.0% | 1,023€ | 3.9% | 1 | 1,941€ |
| 2176 | Doner House03775607 · Rožaje | <0.1% | 26,478€ | No filing for 2024. | -10,473€ | -39.6% | 0 | — |
| 2177 | Moj San03445747 · Andrijevica | <0.1% | 26,345€ | +91.2% | -15,317€ | -58.1% | 3 | 792€ |
| 2178 | Visnjevall03539199 · Budva | <0.1% | 26,341€ | -60.8% | -17,431€ | -66.2% | 2 | 661€ |
| 2179 | Lovćen Skela03354326 · Cetinje | <0.1% | 26,293€ | -1.3% | 1,819€ | 6.9% | 1 | — |
| 2180 | Monte Medo03490629 · Bar | <0.1% | 26,292€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,943€ | -34.0% | 3 | 462€ |
| 2181 | S&M Srđan02756498 · Tivat | <0.1% | 26,244€ | +30.0% | 3,523€ | 13.4% | 1 | 842€ |
| 2182 | Sophia Residence03392708 · Podgorica | <0.1% | 26,219€ | +76.6% | -2,997€ | -11.4% | 1 | — |
| 2183 | DŽNS03167216 · Bijelo Polje | <0.1% | 26,219€ | +15.6% | 3,002€ | 11.4% | 3 | 419€ |
| 2184 | M9 Management03274926 · Podgorica | <0.1% | 26,159€ | +74.4% | -4,151€ | -15.9% | 1 | 1,227€ |
| 2185 | Um Company02828448 · Podgorica | <0.1% | 26,134€ | -4.0% | -11,486€ | -44.0% | 2 | 804€ |
| 2186 | BB Eventus03295320 · Plužine | <0.1% | 26,121€ | +11.7% | -10,552€ | -40.4% | 2 | 675€ |
| 2187 | Ddan Company03665887 · Podgorica | <0.1% | 26,116€ | +155.8% | -520€ | -2.0% | 2 | 494€ |
| 2188 | Big Lotus03598969 · Tivat | <0.1% | 26,031€ | +15.4% | -11,384€ | -43.7% | 2 | 905€ |
| 2189 | Kafana Lovac03457974 · Šavnik | <0.1% | 26,012€ | +65.4% | 2,406€ | 9.2% | 1 | 674€ |
| 2190 | Nachos03592715 · Bar | <0.1% | 25,989€ | +14.5% | -5,672€ | -21.8% | 1 | — |
| 2191 | Zona NK03794458 · Nikšić | <0.1% | 25,838€ | No filing for 2024. | 699€ | 2.7% | 3 | — |
| 2192 | Rakonjac Company03405338 · Herceg Novi | <0.1% | 25,802€ | -7.1% | -6,077€ | -23.6% | 3 | 500€ |
| 2193 | K.Island03244431 · Podgorica | <0.1% | 25,787€ | -39.2% | -23,612€ | -91.6% | 3 | 506€ |
| 2194 | Tocaffe Company03636615 · Podgorica | <0.1% | 25,748€ | +43.7% | -7,778€ | -30.2% | 2 | 310€ |
| 2195 | Zagoričanka03788725 · Podgorica | <0.1% | 25,691€ | No filing for 2024. | -4,922€ | -19.2% | 4 | — |
| 2196 | Zlatni Vir03755762 · Budva | <0.1% | 25,589€ | No filing for 2024. | -16,373€ | -64.0% | 1 | 1,865€ |
| 2197 | Pokvarena Sijalica03709485 · Podgorica | <0.1% | 25,433€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -12,254€ | -48.2% | 2 | 1,047€ |
| 2198 | Lastochka.Mn03357503 · Bar | <0.1% | 25,315€ | +8.9% | 1,271€ | 5.0% | 1 | 1,323€ |
| 2199 | Vivero Co03592081 · Bijelo Polje | <0.1% | 25,246€ | +17.4% | 82€ | 0.3% | 2 | 628€ |
| 2200 | 4 Palme03440117 · Herceg Novi | <0.1% | 25,180€ | -61.2% | -14,802€ | -58.8% | 1 | 633€ |