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 2251–2300 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* |
|---|
| 2251 | Tani Premium03778550 · Nikšić | <0.1% | 22,707€ | No filing for 2024. | -4,214€ | -18.6% | 0 | — |
| 2252 | Sabrushi Trade02869217 · Ulcinj | <0.1% | 22,537€ | -4.9% | -13,158€ | -58.4% | 1 | 899€ |
| 2253 | Bupče02934990 · Podgorica | <0.1% | 22,500€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 14,399€ | 64.0% | 1 | 675€ |
| 2254 | GFM Investment03631010 · Budva | <0.1% | 22,500€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -33,555€ | -149.1% | 3 | 847€ |
| 2255 | Kodrajka Caffe03393232 · Budva | <0.1% | 22,490€ | +23.3% | 305€ | 1.4% | 1 | 928€ |
| 2256 | A D L E R 80803758397 · Ulcinj | <0.1% | 22,479€ | No filing for 2024. | -9,636€ | -42.9% | 4 | — |
| 2257 | Trnovica03307026 · Bijelo Polje | <0.1% | 22,466€ | -50.6% | -3,818€ | -17.0% | 3 | 726€ |
| 2258 | Nim Butua03357678 · Budva | <0.1% | 22,254€ | +0.4% | -588€ | -2.6% | 1 | 395€ |
| 2259 | Holidej02930846 · Bijelo Polje | <0.1% | 22,231€ | +31.5% | 124€ | 0.6% | 2 | 478€ |
| 2260 | Šećerko Kataro03593533 · Kotor | <0.1% | 22,198€ | +4.9% | -1,572€ | -7.1% | 1 | 905€ |
| 2261 | Vukčević Company No03727297 · Podgorica | <0.1% | 22,186€ | No filing for 2024. | -8,419€ | -37.9% | 2 | 660€ |
| 2262 | Kafe Bar Leandro C03283933 · Tuzi | <0.1% | 22,172€ | -5.1% | 205€ | 0.9% | 1 | 788€ |
| 2263 | L' Express03747433 · Tuzi | <0.1% | 22,009€ | No filing for 2024. | 1,453€ | 6.6% | 2 | 540€ |
| 2264 | MG8903163016 · Podgorica | <0.1% | 21,986€ | +2.6% | -26,751€ | -121.7% | 2 | 334€ |
| 2265 | Olive Queen03371778 · Bar | <0.1% | 21,871€ | +100.2% | 1,217€ | 5.6% | 1 | 685€ |
| 2266 | Desetka Group03566935 · Bar | <0.1% | 21,850€ | -9.5% | -6,552€ | -30.0% | 2 | 626€ |
| 2267 | Česma03362124 · Pljevlja | <0.1% | 21,836€ | -4.9% | -2,710€ | -12.4% | 2 | 675€ |
| 2268 | DMV 703658856 · Berane | <0.1% | 21,814€ | +196.2% | 1,392€ | 6.4% | 1 | 1,285€ |
| 2269 | Sahra Holding03471497 · Bar | <0.1% | 21,692€ | +75.5% | -24,542€ | -113.1% | 3 | 604€ |
| 2270 | Wind Group Mne03489655 · Budva | <0.1% | 21,688€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 13,501€ | 62.3% | 1 | 677€ |
| 2271 | Bistro Seoce02405725 · Podgorica | <0.1% | 21,625€ | +10.9% | 985€ | 4.6% | 2 | 380€ |
| 2272 | CBR03135861 · Budva | <0.1% | 21,570€ | -39.4% | -11,230€ | -52.1% | 2 | — |
| 2273 | Express Lonac03209580 · Nikšić | <0.1% | 21,542€ | -10.9% | 1,230€ | 5.7% | 3 | 338€ |
| 2274 | Tri Kanjona03431681 · Nikšić | <0.1% | 21,474€ | +33.3% | 360€ | 1.7% | 2 | — |
| 2275 | Normal Tours02401690 · Podgorica | <0.1% | 21,447€ | +6.2% | -116,616€ | -543.7% | 1 | — |
| 2276 | Green Zenit03676099 · Podgorica | <0.1% | 21,419€ | +198.6% | -7,766€ | -36.3% | 2 | 309€ |
| 2277 | Gama Hotels02622246 · Budva | <0.1% | 21,331€ | -21.2% | -19,533€ | -91.6% | 1 | 1,856€ |
| 2278 | MG-Dada03017265 · Podgorica | <0.1% | 21,331€ | +46.5% | -4,393€ | -20.6% | 2 | 608€ |
| 2279 | Kod Kumova03675726 · Bijelo Polje | <0.1% | 21,283€ | +49.4% | -9,256€ | -43.5% | 2 | 531€ |
| 2280 | Kafe Bar Kod Bora02973120 · Podgorica | <0.1% | 21,209€ | +32.3% | -14,489€ | -68.3% | 2 | 675€ |
| 2281 | DDM Zeta Company03317714 · Zeta | <0.1% | 21,146€ | +4.2% | -7,545€ | -35.7% | 3 | 520€ |
| 2282 | Mizel-Mina03654141 · Plav | <0.1% | 21,121€ | +165.3% | -2,152€ | -10.2% | 3 | 539€ |
| 2283 | Boni Company03192598 · Herceg Novi | <0.1% | 21,086€ | -22.4% | -10,105€ | -47.9% | 2 | 653€ |
| 2284 | Rada Com03556433 · Bijelo Polje | <0.1% | 21,057€ | +9.4% | 856€ | 4.1% | 1 | 982€ |
| 2285 | Smiti03449491 · Berane | <0.1% | 21,055€ | +2.5% | -2,076€ | -9.9% | 2 | 890€ |
| 2286 | N.N Company03777111 · Bijelo Polje | <0.1% | 20,890€ | No filing for 2024. | -933€ | -4.5% | 2 | — |
| 2287 | D-Prom03347079 · Nikšić | <0.1% | 20,855€ | -39.6% | -10,696€ | -51.3% | 3 | 559€ |
| 2288 | Black Moon03614239 · Budva | <0.1% | 20,851€ | +2,975.4% | -8,470€ | -40.6% | 2 | 665€ |
| 2289 | In - Da03045404 · Kotor | <0.1% | 20,776€ | +3.3% | -20,014€ | -96.3% | 3 | 674€ |
| 2290 | 29 Palms Area03443892 · Bar | <0.1% | 20,735€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -3,534€ | -17.0% | 1 | 678€ |
| 2291 | Kro02751259 · Rožaje | <0.1% | 20,734€ | +17.7% | -2,326€ | -11.2% | 1 | 675€ |
| 2292 | Kolege Commerc02745011 · Kolašin | <0.1% | 20,688€ | +42.4% | -12,270€ | -59.3% | 2 | 986€ |
| 2293 | Gris & Co02404397 · Podgorica | <0.1% | 20,614€ | +4.7% | -2,233€ | -10.8% | 2 | 508€ |
| 2294 | Ada Catering03736652 · Podgorica | <0.1% | 20,473€ | No filing for 2024. | -13,840€ | -67.6% | 3 | 462€ |
| 2295 | Mimax Holding Mne03383318 · Tivat | <0.1% | 20,444€ | +5.3% | -14,275€ | -69.8% | 1 | 622€ |
| 2296 | Info Bar Vraneš03516563 · Bijelo Polje | <0.1% | 20,424€ | +927.4% | 11,684€ | 57.2% | 1 | 675€ |
| 2297 | Saranda Camp03123944 · Ulcinj | <0.1% | 20,419€ | +13.4% | -5,426€ | -26.6% | 2 | 532€ |
| 2298 | Eferen03598187 · Budva | <0.1% | 20,371€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -12,883€ | -63.2% | 1 | 796€ |
| 2299 | Montinis02953587 · Podgorica | <0.1% | 20,357€ | +14.3% | 1,541€ | 7.6% | 2 | 678€ |
| 2300 | Roštilj Montenegrino03791530 · Nikšić | <0.1% | 20,199€ | No filing for 2024. | -2,355€ | -11.7% | 4 | — |