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 3151–3200 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* |
|---|
| 3151 | Lisijevo Polje03361047 · Berane | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -12,317€ | — | 2 | 513€ |
| 3152 | Ližni Klub Nasedkina02880377 · Herceg Novi | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -7,978€ | — | 1 | 603€ |
| 3153 | L.L. Investments03760391 · Tuzi | 0.0% | 0€ | No filing for 2024. | -4,821€ | — | 1 | 402€ |
| 3154 | Luža03810801 · Kotor | 0.0% | 0€ | No filing for 2024. | -96€ | — | 1 | — |
| 3155 | Madame Amore03805867 · Berane | 0.0% | 0€ | No filing for 2024. | -1,949€ | — | 1 | — |
| 3156 | Majestik Mne03746712 · Ulcinj | 0.0% | 0€ | No filing for 2024. | -1€ | — | 1 | — |
| 3157 | Mala Moskva Co03357694 · Berane | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,050€ | — | 1 | 338€ |
| 3158 | Mala Oaza02865319 · Pljevlja | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -194€ | — | 1 | — |
| 3159 | Mandarin May03776905 · Budva | 0.0% | 0€ | No filing for 2024. | -4,339€ | — | 2 | — |
| 3160 | Manik03185389 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -3,966€ | — | 1 | — |
| 3161 | Manilla03417611 · Bar | 0.0% | 0€ | -100.0% | -4,253€ | — | 3 | — |
| 3162 | Maraj Group03658139 · Ulcinj | 0.0% | 0€ | -100.0% | -5,125€ | — | 1 | 424€ |
| 3163 | Mariya03614964 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,145€ | — | 1 | 677€ |
| 3164 | Marzipan03367380 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,036€ | — | 1 | — |
| 3165 | Mauna' Ele'ele'03688984 · Tivat | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -34,879€ | — | 3 | 806€ |
| 3166 | Mavi Dream03470237 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,132€ | — | 1 | 677€ |
| 3167 | Mavrounija 103602737 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,665€ | — | 1 | 676€ |
| 3168 | Memaks Group03655148 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,100€ | — | 1 | 675€ |
| 3169 | Merak Estate03537218 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,012€ | — | 1 | — |
| 3170 | Mer Company03497313 · Budva | 0.0% | 0€ | -100.0% | -36,675€ | — | 9 | — |
| 3171 | Milpaj03571416 · Žabljak | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 0€ | — | — | — |
| 3172 | Mine Emlak03301249 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,802€ | — | 1 | 670€ |
| 3173 | Miniš03472906 · Kotor | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,101€ | — | 1 | 675€ |
| 3174 | Miun03714071 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -15,101€ | — | 1 | — |
| 3175 | M-Jaz03246124 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,139€ | — | 1 | 674€ |
| 3176 | MLP Bajovo Polje03624846 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -7,333€ | — | 1 | — |
| 3177 | MNG H Group03609308 · Podgorica | 0.0% | 0€ | -100.0% | 0€ | — | — | — |
| 3178 | Modern Construction Energy03591301 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,523€ | — | 1 | 377€ |
| 3179 | Monte Azure03692574 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -219,452€ | — | 1 | 788€ |
| 3180 | Montecar Mne03521818 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -3,713€ | — | 1 | 309€ |
| 3181 | Montecoland02820307 · Kolašin | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -10,162€ | — | 1 | 678€ |
| 3182 | Monteideal03248640 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,036€ | — | 1 | — |
| 3183 | Montenegro Investment02964147 · Bar | 0.0% | 0€ | -100.0% | -2,737€ | — | 1 | — |
| 3184 | Monteregs03480372 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -16,899€ | — | 1 | 1,341€ |
| 3185 | Monteveda02648563 · Danilovgrad | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,241€ | — | 1 | — |
| 3186 | Morača-Vočje03380068 · Kolašin | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -5,638€ | — | 1 | — |
| 3187 | More Denis03685691 · Ulcinj | 0.0% | 0€ | No filing for 2024. | 0€ | — | — | — |
| 3188 | Most Global03766861 · Podgorica | 0.0% | 0€ | No filing for 2024. | -3,601€ | — | 1 | 300€ |
| 3189 | Motel Gradina03085317 · Berane | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,051€ | — | 1 | 338€ |
| 3190 | MRT Group03438309 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,035€ | — | 1 | — |
| 3191 | MTN Trading03499561 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,776€ | — | 1 | 731€ |
| 3192 | MT Turizm03798453 · Budva | 0.0% | 0€ | No filing for 2024. | -889€ | — | 1 | — |
| 3193 | Mugg - Design03219542 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 0€ | — | — | — |
| 3194 | Myra Catering03791831 · Podgorica | 0.0% | 0€ | No filing for 2024. | -1,541€ | — | 0 | — |
| 3195 | Naše More03316645 · Budva | 0.0% | 0€ | -100.0% | -13,727€ | — | 1 | 670€ |
| 3196 | NC Production03682285 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,101€ | — | 1 | 675€ |
| 3197 | Nefes Company03647072 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,132€ | — | 1 | 675€ |
| 3198 | Nemya03729664 · Tivat | 0.0% | 0€ | No filing for 2024. | -9,113€ | — | 1 | 607€ |
| 3199 | Neo Markt Anna Mne03632393 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,139€ | — | 1 | 677€ |
| 3200 | New Alternative03511600 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,036€ | — | 1 | — |