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 2801–2850 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* |
|---|
| 2801 | Venezia 198703378799 · Cetinje | <0.1% | 840€ | -97.7% | -6,101€ | -726.3% | 2 | — |
| 2802 | Newborn Hostel03761550 · Budva | <0.1% | 819€ | No filing for 2024. | -4,499€ | -549.3% | 0 | — |
| 2803 | Punkt03769992 | <0.1% | 803€ | No filing for 2024. | -1,041€ | -129.6% | 0 | — |
| 2804 | Prixodite Zavtra03613054 · Herceg Novi | <0.1% | 800€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,124€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 680€ |
| 2805 | Rozaklija03703568 · Podgorica | <0.1% | 784€ | -52.3% | -2,815€ | -359.1% | 1 | — |
| 2806 | Simple Foodie03422828 · Herceg Novi | <0.1% | 752€ | -16.4% | -7,416€ | -986.2% | 1 | 678€ |
| 2807 | Aqvarium02919281 · Podgorica | <0.1% | 730€ | -6.0% | -11,889€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 813€ |
| 2808 | Green Club03059545 · Tivat | <0.1% | 699€ | +9,885.7% | -182,877€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 2 | 1,358€ |
| 2809 | Nik & Ell03263002 · Bar | <0.1% | 660€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,060€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 678€ |
| 2810 | Megathrive03630706 · Budva | <0.1% | 659€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -32,941€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 2,597€ |
| 2811 | Delux-Montenegro03668878 · Rožaje | <0.1% | 645€ | -91.3% | -10,555€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 677€ |
| 2812 | Danbas02392054 · Bar | <0.1% | 637€ | -55.5% | -9,300€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 826€ |
| 2813 | Nika Professional03801233 · Bar | <0.1% | 619€ | No filing for 2024. | -1,078€ | -174.2% | 1 | — |
| 2814 | NY Hookah & Cafe03797317 · Podgorica | <0.1% | 616€ | No filing for 2024. | -2,103€ | -341.4% | 1 | — |
| 2815 | Pineapple03531546 · Podgorica | <0.1% | 615€ | -46.2% | -7,737€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 678€ |
| 2816 | Boreas03087522 · Kotor | <0.1% | 602€ | +45.8% | -37,610€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 823€ |
| 2817 | Ponte Di Ulcini03023010 · Ulcinj | <0.1% | 497€ | +6.9% | -7,641€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 675€ |
| 2818 | Cooling and Heating02973065 · Budva | <0.1% | 496€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -13,691€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 929€ |
| 2819 | Pro-Aqua Montenegro02423022 · Budva | <0.1% | 441€ | -99.9% | -14,867€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 2 | 456€ |
| 2820 | Hotel Nordik03323480 · Žabljak | <0.1% | 440€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -132,610€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 2 | 782€ |
| 2821 | <0.1% | 437€ | -98.5% | -4,181€ | -956.8% | 1 | — | |
| 2822 | Canović Hotel 5e03411583 · Plav | <0.1% | 436€ | -93.0% | -25,485€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 4 | 533€ |
| 2823 | Kafe Ćana03806758 · Podgorica | <0.1% | 435€ | No filing for 2024. | 199€ | 45.7% | 0 | — |
| 2824 | Arel Tourism Trade03264653 · Budva | <0.1% | 402€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -1,634€ | -406.5% | 1 | — |
| 2825 | Zora i02742861 · Pljevlja | <0.1% | 402€ | +77.9% | -3,840€ | -955.2% | 1 | 338€ |
| 2826 | Meraki Foods03782263 · Podgorica | <0.1% | 370€ | No filing for 2024. | 0€ | 0.0% | 1 | — |
| 2827 | Brzulović03088316 · Budva | <0.1% | 363€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,730€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 670€ |
| 2828 | LP Gastronomica03669106 · Cetinje | <0.1% | 361€ | +179.8% | -1,113€ | -308.3% | 1 | — |
| 2829 | Centelux - Montenegro02427893 · Budva | <0.1% | 350€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -16,628€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 677€ |
| 2830 | El Paradiso Investments03394026 · Tivat | <0.1% | 337€ | -91.1% | -9,768€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 677€ |
| 2831 | Leon Trade03402053 · Bar | <0.1% | 330€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,239€ | -678.5% | 2 | — |
| 2832 | Peron 903557316 · Herceg Novi | <0.1% | 309€ | -93.8% | -5,310€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 338€ |
| 2833 | F Corporation02766167 · Budva | <0.1% | 272€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -70,943€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 509€ |
| 2834 | Dream House Club03611485 · Budva | <0.1% | 269€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -15,933€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 2 | 675€ |
| 2835 | Europe - Travel02055775 · Budva | <0.1% | 247€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -21,349€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 1,085€ |
| 2836 | D&D Kardesler03519066 · Budva | <0.1% | 200€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -14,487€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 1,082€ |
| 2837 | Maya&Ali03601803 · Podgorica | <0.1% | 180€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -12,778€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 2 | 523€ |
| 2838 | Nani Lux03420655 · Ulcinj | <0.1% | 165€ | -99.9% | -19,113€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 4 | 384€ |
| 2839 | Adriatic Dobrota Properties03800024 · Podgorica | <0.1% | 153€ | No filing for 2024. | 0€ | 0.0% | 1 | — |
| 2840 | San Severo03601056 · Cetinje | <0.1% | 125€ | -92.2% | -10€ | -8.0% | 1 | — |
| 2841 | Globexco03649245 · Ulcinj | <0.1% | 124€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -17,180€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 2 | 686€ |
| 2842 | Čelebić Recreativo02878780 · Podgorica | <0.1% | 117€ | -99.9% | -32,408€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | — |
| 2843 | Langust02418851 · Budva | <0.1% | 106€ | -100.0% | -85,256€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 5 | 1,095€ |
| 2844 | White Mountain02434067 · Kotor | <0.1% | 101€ | -99.9% | -21,826€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 3 | 563€ |
| 2845 | Kamp Bella Vista03803325 · Ulcinj | <0.1% | 100€ | No filing for 2024. | 0€ | 0.0% | 1 | — |
| 2846 | Destiz02981700 · Herceg Novi | <0.1% | 69€ | -100.0% | -17,109€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 1,080€ |
| 2847 | Stefandro02875349 · Ulcinj | <0.1% | 64€ | -100.0% | -25,094€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 678€ |
| 2848 | Idm Endeavors03422313 · Tivat | <0.1% | 63€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -56,892€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 2 | — |
| 2849 | Pinokio02376296 · Podgorica | <0.1% | 62€ | -99.9% | -27,910€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 683€ |
| 2850 | Phoenix Co03072908 · Budva | <0.1% | 56€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -28,679€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 808€ |