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 3201–3250 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* |
|---|
| 3201 | Next Wave Global03776140 · Budva | 0.0% | 0€ | No filing for 2024. | -4,092€ | — | 1 | 319€ |
| 3202 | Nida Group Montenegro03789632 · Budva | 0.0% | 0€ | No filing for 2024. | -1,564€ | — | 1 | — |
| 3203 | Nils Group03681866 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -14,542€ | — | 0 | — |
| 3204 | NM Solutions Mne03779335 · Kotor | 0.0% | 0€ | No filing for 2024. | -3,762€ | — | 2 | — |
| 3205 | N&N Union03612902 · Kotor | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,031€ | — | 1 | — |
| 3206 | North Gate03039269 · Pljevlja | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,573€ | — | 1 | — |
| 3207 | Nova Monte03788946 · Budva | 0.0% | 0€ | No filing for 2024. | -2,377€ | — | 1 | — |
| 3208 | Novello03802434 · Nikšić | 0.0% | 0€ | No filing for 2024. | -1,904€ | — | 2 | — |
| 3209 | Noventra03713903 · Podgorica | 0.0% | 0€ | No filing for 2024. | -11,331€ | — | 2 | 460€ |
| 3210 | Novi Capri03362663 · Pljevlja | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,025€ | — | 1 | — |
| 3211 | Novi Peterburg02945797 · Herceg Novi | 0.0% | 0€ | -100.0% | 0€ | — | — | — |
| 3212 | O2 Group Travel Agency03435466 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -6,995€ | — | 1 | 595€ |
| 3213 | Oblutak03131670 · Herceg Novi | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,061€ | — | 1 | 338€ |
| 3214 | Ognjiste-Crnja03208664 · Rožaje | 0.0% | 0€ | -100.0% | 0€ | — | — | — |
| 3215 | Oldhunter03170136 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,070€ | — | 1 | 339€ |
| 3216 | Old Street03114058 · Rožaje | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,051€ | — | 1 | 338€ |
| 3217 | Oner Group Mne03671780 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,100€ | — | 1 | 675€ |
| 3218 | Only One Mare03601919 · Herceg Novi | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -32,948€ | — | 1 | 613€ |
| 3219 | Orca Investment03612813 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,143€ | — | 1 | 670€ |
| 3220 | Osmefa03616916 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,138€ | — | 1 | 678€ |
| 3221 | Otl03458911 · Pljevlja | 0.0% | 0€ | -100.0% | -3,353€ | — | — | — |
| 3222 | Pachamama Retreat & Wellness03241360 · Kotor | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,390€ | — | 1 | 674€ |
| 3223 | Papito03450791 · Budva | 0.0% | 0€ | -100.0% | -16,852€ | — | 2 | 696€ |
| 3224 | Parma & Co03604519 · Kotor | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,081€ | — | 1 | — |
| 3225 | Pelinković03543102 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,041€ | — | 1 | — |
| 3226 | Pelinovo02829070 · Kotor | 0.0% | 0€ | -100.0% | -11,686€ | — | 1 | 677€ |
| 3227 | Petrich Art03610896 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,930€ | — | 1 | 670€ |
| 3228 | PG Kitchen03361853 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,031€ | — | 1 | — |
| 3229 | Planinka Žabljak03136582 · Žabljak | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -37,703€ | — | 1 | 824€ |
| 3230 | Ploviti Gastronomi03675602 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,100€ | — | 1 | 675€ |
| 3231 | Ponta Bigova03540162 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -38,459€ | — | 1 | — |
| 3232 | Popkins03586944 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -16,298€ | — | 2 | 678€ |
| 3233 | Posh03565319 · Ulcinj | 0.0% | 0€ | No filing for 2024. | -8,139€ | — | 0 | — |
| 3234 | Posus03611035 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,171€ | — | 1 | 670€ |
| 3235 | Pressa Hidraulika03248631 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,035€ | — | 1 | — |
| 3236 | Prostor Inovacija i Razvoja03612805 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,919€ | — | 1 | 922€ |
| 3237 | Psyskills03443078 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -15,869€ | — | 2 | 621€ |
| 3238 | Rad - Pop03098079 · Budva | 0.0% | 0€ | -100.0% | -8,123€ | — | 1 | 675€ |
| 3239 | Raika03766551 · Podgorica | 0.0% | 0€ | No filing for 2024. | -1,106€ | — | 1 | — |
| 3240 | Randy Group03486508 · Ulcinj | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,139€ | — | 1 | 675€ |
| 3241 | Real Estate Montenegro ST03660206 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -12,586€ | — | 1 | 929€ |
| 3242 | Remzi Batmaz Investment03545938 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -5,148€ | — | — | — |
| 3243 | Riva Beci03085627 · Ulcinj | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,070€ | — | 1 | 339€ |
| 3244 | River Bridge03807100 · Žabljak | 0.0% | 0€ | No filing for 2024. | 0€ | — | — | — |
| 3245 | Roberto´s Company03228223 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,039€ | — | 1 | — |
| 3246 | Rodni Dom03771270 · Budva | 0.0% | 0€ | No filing for 2024. | 0€ | — | — | — |
| 3247 | Roši03744965 · Budva | 0.0% | 0€ | No filing for 2024. | -1,526€ | — | 1 | — |
| 3248 | Rozana02404923 · Tuzi | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 0€ | — | — | — |
| 3249 | Rui Rong03239942 · Tivat | 0.0% | 0€ | -100.0% | -27,645€ | — | 2 | 675€ |
| 3250 | Sage Strading LTD03192075 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,137€ | — | 1 | — |