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 2351–2400 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* |
|---|
| 2351 | Staro Zabjelo03330842 · Podgorica | <0.1% | 17,487€ | -6.6% | -18,272€ | -104.5% | 2 | 678€ |
| 2352 | Blaca & Co03581845 · Bar | <0.1% | 17,419€ | -8.6% | -14,599€ | -83.8% | 2 | 508€ |
| 2353 | Maraj Resort03658023 · Ulcinj | <0.1% | 17,277€ | -2.1% | -15,054€ | -87.1% | 3 | 462€ |
| 2354 | Best In Burger03328031 · Budva | <0.1% | 17,252€ | -3.3% | -34,715€ | -201.2% | 6 | 475€ |
| 2355 | Nirvana Beach03756556 · Podgorica | <0.1% | 17,205€ | No filing for 2024. | -31,182€ | -181.2% | 1 | 656€ |
| 2356 | Sinjavina02260298 · Mojkovac | <0.1% | 17,152€ | +118.1% | 2,520€ | 14.7% | 1 | 717€ |
| 2357 | Duga Ka03041891 · Pljevlja | <0.1% | 17,120€ | +3.3% | -4,887€ | -28.5% | 2 | 627€ |
| 2358 | Kafe Bar Oltar03367193 · Kolašin | <0.1% | 17,104€ | +97.8% | 3,139€ | 18.4% | 1 | 674€ |
| 2359 | Lepenac DV03456684 · Danilovgrad | <0.1% | 17,099€ | -4.9% | -1,691€ | -9.9% | 2 | 508€ |
| 2360 | Marvel & Nik03404072 · Nikšić | <0.1% | 17,076€ | -17.9% | -2,693€ | -15.8% | 4 | — |
| 2361 | Strixbar03600726 · Budva | <0.1% | 17,032€ | +47.4% | -3,320€ | -19.5% | 1 | 675€ |
| 2362 | Orange Properties03368793 · Herceg Novi | <0.1% | 17,000€ | -14.3% | 1,522€ | 9.0% | 1 | 675€ |
| 2363 | Winners Caffe02919699 · Bar | <0.1% | 16,942€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -15,500€ | -91.5% | 1 | — |
| 2364 | Nopeca03691489 · Budva | <0.1% | 16,771€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,665€ | -57.6% | 1 | 759€ |
| 2365 | Žarko Kuvar03581667 · Podgorica | <0.1% | 16,701€ | +23.5% | -7,538€ | -45.1% | 2 | — |
| 2366 | Nelly Montenegro03514218 · Budva | <0.1% | 16,545€ | +164.4% | 2,326€ | 14.1% | 1 | 731€ |
| 2367 | Simona S03062872 · Nikšić | <0.1% | 16,529€ | +2.3% | -1,453€ | -8.8% | 1 | — |
| 2368 | Chupira Consulting Services03409902 · Kotor | <0.1% | 16,509€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -20,529€ | -124.4% | 1 | 992€ |
| 2369 | Fairy Tail03233626 · Herceg Novi | <0.1% | 16,453€ | +301.3% | -7,961€ | -48.4% | 2 | 537€ |
| 2370 | Prenky & Buba Company03660478 · Podgorica | <0.1% | 16,450€ | +70.7% | -2,409€ | -14.6% | 1 | 677€ |
| 2371 | M-Club02170701 · Budva | <0.1% | 16,425€ | -27.7% | -5,309€ | -32.3% | 1 | 600€ |
| 2372 | Rola03791599 · Podgorica | <0.1% | 16,373€ | No filing for 2024. | 2,606€ | 15.9% | 2 | — |
| 2373 | Melo 703752429 · Bar | <0.1% | 16,323€ | No filing for 2024. | -434€ | -2.7% | 1 | 1,255€ |
| 2374 | First Line Property03569594 · Bar | <0.1% | 16,313€ | +315.2% | -18,066€ | -110.7% | 3 | 346€ |
| 2375 | Alte03392651 · Kolašin | <0.1% | 16,304€ | -14.8% | -8,356€ | -51.3% | 1 | 338€ |
| 2376 | Sofija & Luka03271820 · Bar | <0.1% | 16,184€ | +37.8% | -6,914€ | -42.7% | 1 | 675€ |
| 2377 | K&SS N Wolf Company02781948 · Plav | <0.1% | 16,102€ | -13.1% | -7,045€ | -43.8% | 2 | 675€ |
| 2378 | Andrey Selin i Co03375153 · Budva | <0.1% | 16,034€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -1,967€ | -12.3% | 1 | 1,341€ |
| 2379 | Slobo Kafe03143635 · Kolašin | <0.1% | 16,030€ | -16.9% | -3,518€ | -21.9% | 1 | 685€ |
| 2380 | Hera Mne03635902 · Podgorica | <0.1% | 15,975€ | +109.3% | -5,779€ | -36.2% | 2 | 799€ |
| 2381 | Elatik Group03589447 · Podgorica | <0.1% | 15,950€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 7,305€ | 45.8% | 1 | 677€ |
| 2382 | Đukić International03507033 · Berane | <0.1% | 15,830€ | -23.0% | -8,093€ | -51.1% | 2 | — |
| 2383 | Sanga03094383 · Podgorica | <0.1% | 15,765€ | -83.8% | -26,252€ | -166.5% | 2 | — |
| 2384 | Avenija Wej03637417 · Nikšić | <0.1% | 15,669€ | +14.2% | 338€ | 2.2% | 1 | 675€ |
| 2385 | Yu - Montenegro02379520 · Budva | <0.1% | 15,641€ | +123.4% | -1,080€ | -6.9% | 1 | — |
| 2386 | Aselina03646335 · Budva | <0.1% | 15,539€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -5,440€ | -35.0% | 1 | 767€ |
| 2387 | Camp Oaza,lipa03680614 · Cetinje | <0.1% | 15,372€ | +598.7% | 1,169€ | 7.6% | 1 | 360€ |
| 2388 | Kobra202503212823 · Danilovgrad | <0.1% | 15,265€ | +14.3% | -3,887€ | -25.5% | 4 | 356€ |
| 2389 | Caffe Mahala03102076 · Bijelo Polje | <0.1% | 15,256€ | +65.8% | -11,580€ | -75.9% | 3 | 614€ |
| 2390 | Luka Reli03548619 · Podgorica | <0.1% | 15,252€ | -29.1% | -3,950€ | -25.9% | 1 | 737€ |
| 2391 | Muški02980266 · Kotor | <0.1% | 15,236€ | +10.1% | -20,621€ | -135.3% | 2 | 1,478€ |
| 2392 | Roštilj Kod Erka03698092 · Rožaje | <0.1% | 15,190€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,004€ | -13.2% | 1 | 675€ |
| 2393 | Fast Food Bereket03647382 · Rožaje | <0.1% | 15,157€ | +178.1% | -5,676€ | -37.4% | 2 | 723€ |
| 2394 | ST- Marković03353184 · Andrijevica | <0.1% | 15,112€ | +12.3% | 49€ | 0.3% | 1 | 686€ |
| 2395 | Priroda i Društvo03598055 · Nikšić | <0.1% | 15,000€ | +42.9% | 2,979€ | 19.9% | 1 | 674€ |
| 2396 | Pavićević Produkt03753689 · Nikšić | <0.1% | 14,946€ | No filing for 2024. | -5,787€ | -38.7% | 2 | 521€ |
| 2397 | Apart 3103674584 · Cetinje | <0.1% | 14,903€ | +244.0% | 669€ | 4.5% | 2 | 565€ |
| 2398 | Sjaj Group03103072 · Bijelo Polje | <0.1% | 14,886€ | -13.3% | -22,046€ | -148.1% | 2 | 1,125€ |
| 2399 | Stara Tara02820277 · Pljevlja | <0.1% | 14,876€ | +115.6% | -224€ | -1.5% | 1 | 623€ |
| 2400 | Hurem03725308 · Rožaje | <0.1% | 14,875€ | No filing for 2024. | 746€ | 5.0% | 2 | — |