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 2401–2450 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* |
|---|
| 2401 | Iconix Group03769283 · Podgorica | <0.1% | 14,859€ | No filing for 2024. | -4,467€ | -30.1% | 2 | — |
| 2402 | Osema03626806 · Podgorica | <0.1% | 14,799€ | -57.3% | -7,224€ | -48.8% | 1 | 679€ |
| 2403 | Lisa-Com03565459 · Bijelo Polje | <0.1% | 14,790€ | -33.8% | -1,719€ | -11.6% | 1 | 922€ |
| 2404 | Cerovo Brdo03145140 · Nikšić | <0.1% | 14,698€ | +85.8% | 843€ | 5.7% | 1 | 678€ |
| 2405 | Lida Restaurant03608751 · Ulcinj | <0.1% | 14,660€ | +217.0% | 483€ | 3.3% | 1 | 675€ |
| 2406 | Quality Fine03345106 · Herceg Novi | <0.1% | 14,645€ | +29.6% | 1,287€ | 8.8% | 1 | — |
| 2407 | Dal02776600 · Herceg Novi | <0.1% | 14,613€ | -60.3% | -13,891€ | -95.1% | 3 | 537€ |
| 2408 | Wiener03300994 · Herceg Novi | <0.1% | 14,594€ | +30.5% | -8,942€ | -61.3% | 1 | 919€ |
| 2409 | DSL Development03422879 · Budva | <0.1% | 14,499€ | +50.8% | 996€ | 6.9% | 1 | 1,030€ |
| 2410 | Priča Se Nastavlja03203298 · Podgorica | <0.1% | 14,455€ | +24.1% | -6,993€ | -48.4% | 1 | 1,074€ |
| 2411 | Sinealva02267217 · Herceg Novi | <0.1% | 14,427€ | +3.8% | -8,625€ | -59.8% | 2 | 429€ |
| 2412 | Sunset Group03653331 · Budva | <0.1% | 14,413€ | +332.3% | -8,280€ | -57.4% | 1 | 563€ |
| 2413 | Š A J o02353881 · Budva | <0.1% | 14,405€ | +6.2% | -8,150€ | -56.6% | 2 | 338€ |
| 2414 | Burger Craft03380912 · Budva | <0.1% | 14,326€ | -41.7% | -23,219€ | -162.1% | 3 | 704€ |
| 2415 | Debela Ladovina03578615 · Podgorica | <0.1% | 14,325€ | -32.3% | -3,440€ | -24.0% | 2 | 573€ |
| 2416 | Adriatic Pizza Group03739813 · Kotor | <0.1% | 14,282€ | No filing for 2024. | -9,724€ | -68.1% | 1 | 537€ |
| 2417 | Star Gastro Mne03400336 · Rožaje | <0.1% | 14,272€ | -59.5% | -4,236€ | -29.7% | 2 | 389€ |
| 2418 | Boka-BP03691829 · Bijelo Polje | <0.1% | 14,259€ | +1,425,800.0% | 4,448€ | 31.2% | 1 | 702€ |
| 2419 | Sanet It Consultancy03208079 · Tivat | <0.1% | 14,230€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 1,626€ | 11.4% | 1 | 908€ |
| 2420 | Taste Food03684601 · Podgorica | <0.1% | 14,202€ | +221.1% | -8,320€ | -58.6% | 1 | 593€ |
| 2421 | Cevabdzinica Kod Sandre03650545 · Bijelo Polje | <0.1% | 14,185€ | -4.6% | -2,377€ | -16.8% | 1 | 763€ |
| 2422 | Zagrad03556913 · Nikšić | <0.1% | 14,115€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -13,652€ | -96.7% | 1 | 796€ |
| 2423 | Gerila Street03162907 · Nikšić | <0.1% | 14,085€ | -35.0% | -18,818€ | -133.6% | 3 | 718€ |
| 2424 | Impal03531830 · Bar | <0.1% | 14,005€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 5,229€ | 37.3% | 1 | 677€ |
| 2425 | M Team Success03705927 · Bar | <0.1% | 13,957€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -31,119€ | -223.0% | 1 | 604€ |
| 2426 | Rez Company03682897 · Podgorica | <0.1% | 13,920€ | +239.0% | -6,878€ | -49.4% | 2 | 675€ |
| 2427 | Elisa Gross03029476 · Mojkovac | <0.1% | 13,872€ | -68.4% | -5,449€ | -39.3% | 1 | 562€ |
| 2428 | Kotorbnb03711935 · Kotor | <0.1% | 13,824€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 1,889€ | 13.7% | 1 | 562€ |
| 2429 | Avantura Land03758494 · Bar | <0.1% | 13,813€ | No filing for 2024. | 569€ | 4.1% | 2 | — |
| 2430 | Rekreaturs02901757 · Budva | <0.1% | 13,760€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -159,079€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 1,216€ |
| 2431 | Chill Out03058999 · Bijelo Polje | <0.1% | 13,738€ | +542.6% | -5,778€ | -42.1% | 2 | 805€ |
| 2432 | Rajčica03704513 · Podgorica | <0.1% | 13,731€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -32,269€ | -235.0% | 2 | 871€ |
| 2433 | Amb Trio Group03331458 · Bijelo Polje | <0.1% | 13,717€ | +346.4% | 773€ | 5.6% | 1 | 675€ |
| 2434 | Konoba Kod Cara03051790 · Pljevlja | <0.1% | 13,615€ | -26.8% | 1,742€ | 12.8% | 1 | 675€ |
| 2435 | Lesendro02907917 · Podgorica | <0.1% | 13,588€ | -35.8% | -9,029€ | -66.4% | 1 | 903€ |
| 2436 | Skipper Bay03634345 · Herceg Novi | <0.1% | 13,586€ | +341.1% | 723€ | 5.3% | 1 | 708€ |
| 2437 | Fast Food Chill 202403705153 · Berane | <0.1% | 13,536€ | +9,235.2% | -5,001€ | -36.9% | 2 | 565€ |
| 2438 | Paciencia03779742 · Budva | <0.1% | 13,498€ | No filing for 2024. | 3,642€ | 27.0% | 1 | — |
| 2439 | Toso-Net03327507 · Podgorica | <0.1% | 13,456€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -26,338€ | -195.7% | 2 | 859€ |
| 2440 | Kafanica03698980 · Pljevlja | <0.1% | 13,406€ | +390.5% | -3,765€ | -28.1% | 1 | 675€ |
| 2441 | Amze Group03234436 · Bijelo Polje | <0.1% | 13,364€ | -22.1% | -1,934€ | -14.5% | 2 | 422€ |
| 2442 | Tomma03647145 · Ulcinj | <0.1% | 13,347€ | +48.9% | 1,837€ | 13.8% | 1 | 675€ |
| 2443 | Caffe Bar Sevdah03449602 · Petnjica | <0.1% | 13,320€ | -4.6% | 184€ | 1.4% | 1 | 1,015€ |
| 2444 | Podbožur02792095 · Nikšić | <0.1% | 13,225€ | +3.6% | -352€ | -2.7% | 1 | 675€ |
| 2445 | Nešvil-Funghi03469417 · Berane | <0.1% | 13,213€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -1,251€ | -9.5% | 1 | 678€ |
| 2446 | Adriatic Estate Investment03126951 · Podgorica | <0.1% | 13,001€ | -69.1% | -2,438,344€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | — |
| 2447 | Justitia M03075494 · Pljevlja | <0.1% | 12,973€ | -12.6% | 80€ | 0.6% | 1 | 678€ |
| 2448 | Adriana & Co03389243 · Cetinje | <0.1% | 12,945€ | -3.9% | -241€ | -1.9% | 1 | 840€ |
| 2449 | Fruit Fuel03763226 · Nikšić | <0.1% | 12,924€ | No filing for 2024. | 109€ | 0.8% | 2 | 383€ |
| 2450 | Kafee Trio03276384 · Podgorica | <0.1% | 12,881€ | +36.9% | -10,834€ | -84.1% | 2 | 516€ |