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 3051–3100 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* |
|---|
| 3051 | Durmitor Glamping03548694 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -10,890€ | — | 1 | — |
| 3052 | Durumind03779114 · Podgorica | 0.0% | 0€ | No filing for 2024. | -2,678€ | — | 1 | — |
| 3053 | Dute03801152 · Tivat | 0.0% | 0€ | No filing for 2024. | -1,353€ | — | 2 | — |
| 3054 | Dzintars03500578 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -12,021€ | — | 1 | 926€ |
| 3055 | Eagle Tourism Montenegro03716694 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -7,406€ | — | 1 | 678€ |
| 3056 | East Company03055523 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -1,068€ | — | 1 | — |
| 3057 | East End03005321 · Nikšić | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -1€ | — | 1 | — |
| 3058 | Eco Vash Dom Company03387062 · Budva | 0.0% | 0€ | -100.0% | -8,379€ | — | 1 | 677€ |
| 3059 | Eco Village03083985 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,452€ | — | 1 | 678€ |
| 3060 | El Mio Mondo03681521 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -3,781€ | — | 1 | — |
| 3061 | El Miracle03437191 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,598€ | — | 1 | 916€ |
| 3062 | Endorphin03686396 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -12,219€ | — | 1 | 927€ |
| 3063 | Enjoyit.Mne03471098 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,244€ | — | 1 | 927€ |
| 3064 | Epopeja03263169 · Kolašin | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -13,287€ | — | 1 | 1,107€ |
| 3065 | Erdurogullari03580717 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,139€ | — | 1 | 675€ |
| 3066 | Esum03762696 · Budva | 0.0% | 0€ | No filing for 2024. | -3,452€ | — | 1 | — |
| 3067 | Euro-Sem02680939 · Rožaje | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,025€ | — | 1 | — |
| 3068 | Evernest03780627 · Kolašin | 0.0% | 0€ | No filing for 2024. | -5,001€ | — | 1 | 415€ |
| 3069 | Fast&Fresh03805379 · Mojkovac | 0.0% | 0€ | No filing for 2024. | -905€ | — | 1 | — |
| 3070 | MTR Holdings LTD03409082 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,425€ | — | 1 | 367€ |
| 3071 | Pont Compani03301958 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,403€ | — | 1 | — |
| 3072 | RNB03019772 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -1,013€ | — | 1 | — |
| 3073 | Farmland Hotel and Resort03353168 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -7,781€ | — | 1 | 528€ |
| 3074 | Fenix Aa03798500 · Podgorica | 0.0% | 0€ | No filing for 2024. | -2,092€ | — | 1 | — |
| 3075 | Ferromer03268934 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,036€ | — | 1 | — |
| 3076 | Festa & Favola03793079 · Bar | 0.0% | 0€ | No filing for 2024. | -990€ | — | 1 | — |
| 3077 | Fishermen Mne03805549 · Kotor | 0.0% | 0€ | No filing for 2024. | -2,026€ | — | 1 | — |
| 3078 | Fishka Art03086674 · Ulcinj | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -901€ | — | 1 | — |
| 3079 | Food of Fire03660508 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,100€ | — | 1 | 675€ |
| 3080 | Frame Properties03768112 · Herceg Novi | 0.0% | 0€ | No filing for 2024. | -8,277€ | — | 1 | 486€ |
| 3081 | Franko02997665 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,070€ | — | 1 | 339€ |
| 3082 | Freja 3503421376 · Kotor | 0.0% | 0€ | -100.0% | -31,527€ | — | 3 | 483€ |
| 3083 | Frekvencija03808360 · Podgorica | 0.0% | 0€ | No filing for 2024. | -99€ | — | 1 | — |
| 3084 | General Mineral03693252 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -14,703€ | — | 1 | 1,105€ |
| 3085 | Getto Group03449858 · Ulcinj | 0.0% | 0€ | -100.0% | -9,177€ | — | 1 | 678€ |
| 3086 | Girozza03800482 · Zeta | 0.0% | 0€ | No filing for 2024. | -18€ | — | 0 | — |
| 3087 | Golden View Sat03295125 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -37,189€ | — | 1 | 432€ |
| 3088 | Golf Flat Rent03559114 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -16,232€ | — | 1 | 1,347€ |
| 3089 | Green Medicine03619524 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,054€ | — | 1 | 670€ |
| 3090 | Green Mne03013090 · Podgorica | 0.0% | 0€ | -100.0% | -1,537€ | — | 1 | — |
| 3091 | Greenville02469162 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,965€ | — | 1 | 653€ |
| 3092 | GYPSY03801527 · Budva | 0.0% | 0€ | No filing for 2024. | -1,878€ | — | 1 | — |
| 3093 | Halley03617416 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,534€ | — | 2 | 338€ |
| 3094 | Hawk Group03663205 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,116€ | — | 1 | 676€ |
| 3095 | HDC Montenegro03551369 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,036€ | — | 1 | — |
| 3096 | Health 2 Go03806103 · Bar | 0.0% | 0€ | No filing for 2024. | -589€ | — | 1 | — |
| 3097 | Healthy Time03547507 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,143€ | — | 1 | 670€ |
| 3098 | Herdaim Mudavim03468836 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 0€ | — | — | — |
| 3099 | Hermes KL03796868 · Kolašin | 0.0% | 0€ | No filing for 2024. | -1,341€ | — | 1 | — |
| 3100 | HGM Management03445577 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -758€ | — | — | — |