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 3351–3400 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* |
|---|
| 3351 | Pipo VSBB02677415 · Ulcinj | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 0€ | — | — | — |
| 3352 | Solemar03018873 · Kotor | 0.0% | 0€ | -100.0% | -49,484€ | — | 1 | 1,320€ |
| 3353 | Zef's Centar02740320 · Tuzi | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -1€ | — | — | — |
| 3354 | I.I.R02973189 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -5,224€ | — | 1 | — |
| 3355 | Metropol-In02838109 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,830€ | — | 1 | — |
| 3356 | Njivice02437813 · Herceg Novi | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -13,118€ | — | 1 | 339€ |
| 3357 | O&B Group03029581 · Bijelo Polje | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -17,382€ | — | 1 | 1,449€ |
| 3358 | Pujko03072436 · Bijelo Polje | 0.0% | 0€ | -100.0% | 0€ | — | — | — |
| 3359 | Roll In03779793 · Bijelo Polje | 0.0% | 0€ | No filing for 2024. | -846€ | — | 1 | — |
| 3360 | Terrataste03804607 · Bijelo Polje | 0.0% | 0€ | No filing for 2024. | -743€ | — | 0 | — |
| 3361 | Camellia Medic03143996 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 0€ | — | — | — |
| 3362 | Sweet Sistem02817179 · Danilovgrad | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -1€ | — | 1 | — |
| 3363 | Tatar Eko Selo03389146 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -12,362€ | — | 1 | 929€ |
| 3364 | Z&D Trade03045234 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -12,254€ | — | 2 | 506€ |
| 3365 | Sanem03177556 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,137€ | — | 1 | 677€ |
| 3366 | Adriatica Bu-203733939 · Budva | 0.0% | 0€ | No filing for 2024. | -2,670€ | — | 1 | — |
| 3367 | Antonioli03754847 · Budva | 0.0% | 0€ | No filing for 2024. | -11,508€ | — | 1 | 796€ |
| 3368 | Gomart03047261 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -7,264€ | — | 1 | 336€ |
| 3369 | Joker Group03749673 · Budva | 0.0% | 0€ | No filing for 2024. | -7,998€ | — | 1 | 581€ |
| 3370 | Kono Co03773965 · Budva | 0.0% | 0€ | No filing for 2024. | -964€ | — | 1 | — |
| 3371 | Kristifor03222101 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,166€ | — | 1 | 679€ |
| 3372 | Marshal03006085 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -5,248€ | — | 1 | 340€ |
| 3373 | MD Invest02821745 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -16,309€ | — | 2 | 678€ |
| 3374 | Petra Bu-203639860 · Budva | 0.0% | 0€ | -100.0% | -14,519€ | — | 1 | 670€ |
| 3375 | Prova Pržno03743837 · Budva | 0.0% | 0€ | No filing for 2024. | -7,407€ | — | 1 | 576€ |
| 3376 | Red Carpet02644266 · Cetinje | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -12,467€ | — | 1 | 922€ |
| 3377 | Badanj 00703321711 · Cetinje | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,278€ | — | 1 | 690€ |
| 3378 | Mersidi02881608 · Ulcinj | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,101€ | — | 1 | 674€ |
| 3379 | Basilico Apartments03736539 · Kotor | 0.0% | 0€ | No filing for 2024. | -6,875€ | — | 1 | 573€ |
| 3380 | Monte-Solo02637995 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,494€ | — | 1 | 675€ |
| 3381 | Tortuga Island02669404 · Budva | 0.0% | 0€ | -100.0% | -17,152€ | — | 1 | 674€ |
| 3382 | Boka Stars03213641 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,143€ | — | 1 | 674€ |
| 3383 | Helios Park02707110 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,687€ | — | 1 | 338€ |
| 3384 | Oliva Trade02460769 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,146€ | — | 1 | 335€ |
| 3385 | Vaš Dom02466040 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,072€ | — | 1 | 337€ |
| 3386 | Nar Company02998025 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,072€ | — | 1 | 337€ |
| 3387 | Chilai03780546 · Rožaje | 0.0% | 0€ | No filing for 2024. | -2,123€ | — | 1 | — |
| 3388 | Ipanema02419700 · Tivat | 0.0% | 0€ | -100.0% | -24,943€ | — | 1 | 934€ |
| 3389 | Tramonto Cafe03704491 · Kotor | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -19,093€ | — | 2 | 791€ |
| 3390 | Baba Yaga03510468 · Kotor | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,139€ | — | 1 | 678€ |
| 3391 | Z&D03231810 · Bijelo Polje | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,022€ | — | 1 | — |
| 3392 | Zemis Land Guardians03559734 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -7,652€ | — | 1 | 553€ |
| 3393 | Zeus Group03659640 · Danilovgrad | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -32,888€ | — | 1 | 562€ |
| 3394 | ZG03800512 · Podgorica | 0.0% | 0€ | No filing for 2024. | -827€ | — | 1 | — |
| 3395 | Zumm Group03635538 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,722€ | — | 1 | 675€ |
| 3396 | Zuzy03512401 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,100€ | — | 1 | 675€ |
| 3397 | Dorian03099229 · Ulcinj | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -1€ | — | 1 | — |
| 3398 | Dorina Montenegro03453057 · Ulcinj | 0.0% | 0€ | -100.0% | -8,170€ | — | 1 | 678€ |
| 3399 | Double MM03810208 · Podgorica | 0.0% | 0€ | No filing for 2024. | -312€ | — | 2 | — |
| 3400 | Draft Beer03308073 · Podgorica | 0.0% | 0€ | -100.0% | -4,079€ | — | 1 | — |