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 2951–3000 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* |
|---|
| 2951 | DL Montenegro02620138 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -66,885€ | — | 1 | 790€ |
| 2952 | Dolce Di Cattaro03808653 · Kotor | 0.0% | 0€ | No filing for 2024. | -277€ | — | 1 | — |
| 2953 | Dona Events03626296 · Ulcinj | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -10,856€ | — | 1 | — |
| 2954 | 15. Decembar03400778 · Podgorica | 0.0% | 0€ | -100.0% | 0€ | — | — | — |
| 2955 | 2P03760227 · Cetinje | 0.0% | 0€ | No filing for 2024. | -4,859€ | — | 0 | — |
| 2956 | Absts.03457290 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,258€ | — | 1 | 929€ |
| 2957 | Abt Group03681815 · Budva | 0.0% | 0€ | No filing for 2024. | -10,466€ | — | 1 | 774€ |
| 2958 | Adč 202403766837 · Žabljak | 0.0% | 0€ | No filing for 2024. | -4,516€ | — | 1 | 366€ |
| 2959 | Adria Eos02959119 · Herceg Novi | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -967€ | — | 1 | — |
| 2960 | Adsan International03520463 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,100€ | — | 1 | 675€ |
| 2961 | Akf Group03494578 · Tivat | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -35,536€ | — | 4 | 597€ |
| 2962 | Akgul Montenegro03792382 · Budva | 0.0% | 0€ | No filing for 2024. | -2,209€ | — | 2 | — |
| 2963 | Aksoylu Investment03754537 · Podgorica | 0.0% | 0€ | No filing for 2024. | -15,611€ | — | 0 | — |
| 2964 | Algosolutions Mne03318834 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,156€ | — | 1 | 670€ |
| 2965 | Allegra Ogi03039919 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -10,327€ | — | 1 | 760€ |
| 2966 | Allsade03807355 · Ulcinj | 0.0% | 0€ | No filing for 2024. | -676€ | — | 1 | — |
| 2967 | Alps Group03535592 · Budva | 0.0% | 0€ | -100.0% | -8,143€ | — | 1 | 670€ |
| 2968 | Alsabe03773396 · Ulcinj | 0.0% | 0€ | No filing for 2024. | -4,464€ | — | 1 | 324€ |
| 2969 | Altea Hotels03467384 · Ulcinj | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,272€ | — | 1 | 678€ |
| 2970 | Amaya03686558 · Kotor | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -16,201€ | — | 1 | 1,082€ |
| 2971 | Antey Company03483037 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,036€ | — | 1 | — |
| 2972 | Apertura Group Company03689247 · Tivat | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -16,616€ | — | 2 | 674€ |
| 2973 | Aqua Invest 1303689824 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,447€ | — | 1 | 670€ |
| 2974 | Aqua RP02990598 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -7,671€ | — | 1 | 639€ |
| 2975 | Arbitar Card03763455 · Podgorica | 0.0% | 0€ | No filing for 2024. | -5,076€ | — | 0 | — |
| 2976 | A&R Coffee03583864 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,121€ | — | 1 | 675€ |
| 2977 | Arelina03232590 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,036€ | — | 1 | — |
| 2978 | Arish Capital Montenegro03305996 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -32,660€ | — | 0 | — |
| 2979 | Asb Group03655164 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -14,448€ | — | 2 | 597€ |
| 2980 | Atelje Hasić03758273 · Ulcinj | 0.0% | 0€ | No filing for 2024. | -263€ | — | 1 | — |
| 2981 | Athena Group03670473 · Danilovgrad | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -20,985€ | — | 1 | 509€ |
| 2982 | A Travel FLY-Venus Travel03298493 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,046€ | — | 1 | — |
| 2983 | Auto Fix Otomotiv03202615 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,153€ | — | 1 | 335€ |
| 2984 | Baikal Siberia03467791 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -33,783€ | — | 4 | 678€ |
| 2985 | Balance Mne03768945 · Budva | 0.0% | 0€ | No filing for 2024. | -3,323€ | — | 1 | — |
| 2986 | Bazeni Čukić03298779 · Berane | 0.0% | 0€ | -100.0% | 0€ | — | — | — |
| 2987 | Beats&Bites03729150 · Podgorica | 0.0% | 0€ | No filing for 2024. | -16,129€ | — | 2 | 671€ |
| 2988 | Beli i Aleksej03802558 · Berane | 0.0% | 0€ | No filing for 2024. | -918€ | — | 1 | — |
| 2989 | Belvedere03091171 · Herceg Novi | 0.0% | 0€ | -100.0% | 0€ | — | — | — |
| 2990 | Beneficijum03265455 · Podgorica | 0.0% | 0€ | -100.0% | -2,030€ | — | 1 | — |
| 2991 | Best Little03584925 · Herceg Novi | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -5,578€ | — | 1 | 338€ |
| 2992 | Bglnetwork03563316 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,025€ | — | 1 | — |
| 2993 | Bianko-Nero02952505 · Cetinje | 0.0% | 0€ | -100.0% | 0€ | — | — | — |
| 2994 | Biber Company03593711 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,254€ | — | 1 | 677€ |
| 2995 | Big Cats03316203 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,053€ | — | 1 | — |
| 2996 | Biochem03527662 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,308€ | — | 1 | 684€ |
| 2997 | Bird Trade Import Export03217833 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,036€ | — | 1 | — |
| 2998 | Bites03738507 · Budva | 0.0% | 0€ | No filing for 2024. | -4,402€ | — | 1 | 365€ |
| 2999 | BK Baza03609456 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 0€ | — | — | — |
| 3000 | Black Dream03378276 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,036€ | — | 1 | — |