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 3401–3450 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* |
|---|
| 3401 | Casa Heritage - Lokanda03786854 · Herceg Novi | 0.0% | 0€ | No filing for 2024. | -1,508€ | — | 0 | — |
| 3402 | Stara Kuća Centar03396215 · Danilovgrad | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -1€ | — | 1 | — |
| 3403 | Sweet Centar03395626 · Danilovgrad | 0.0% | 0€ | -100.0% | -4,357€ | — | 2 | — |
| 3404 | Harmonia Development and Consulting02915502 · Podgorica | 0.0% | 0€ | -100.0% | -15,359€ | — | 1 | 677€ |
| 3405 | ZS - San02715112 · Nikšić | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -6,617€ | — | 1 | 497€ |
| 3406 | Lalur03111016 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,069€ | — | 1 | 339€ |
| 3407 | Nestwell03791041 · Bar | 0.0% | 0€ | No filing for 2024. | -417€ | — | 1 | — |
| 3408 | Boskolo03066835 · Danilovgrad | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,789€ | — | 1 | — |
| 3409 | Ecomonte02630109 · Kolašin | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,105€ | — | 0 | — |
| 3410 | Dolcezza03437230 · Kotor | 0.0% | 0€ | -100.0% | 0€ | — | — | — |
| 3411 | Feel World02791811 · Podgorica | 0.0% | 0€ | -100.0% | -8,781€ | — | 1 | 678€ |
| 3412 | Fit-Budva02431963 · Budva | 0.0% | 0€ | -100.0% | -830€ | — | — | — |
| 3413 | Globarević02374021 · Podgorica | 0.0% | 0€ | -100.0% | 0€ | — | — | — |
| 3414 | Mareta02802651 · Kotor | 0.0% | 0€ | -100.0% | -25,454€ | — | 2 | 516€ |
| 3415 | Mig Group02925257 · Kotor | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -23,640€ | — | 3 | 584€ |
| 3416 | Monte Hugge03539512 · Kotor | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,358€ | — | 1 | 685€ |
| 3417 | MY Space02458578 · Kotor | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,061€ | — | 1 | 338€ |
| 3418 | Natcom02455528 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,170€ | — | 1 | 675€ |
| 3419 | Old Town Pub02986507 · Kotor | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,069€ | — | 1 | 339€ |
| 3420 | Ranex Company02313235 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,012€ | — | 1 | — |
| 3421 | Sas Tours03136159 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,423€ | — | 1 | — |
| 3422 | Secondo Porto02384752 · Kotor | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,101€ | — | 1 | 675€ |
| 3423 | Fast 500003254186 | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -3,983€ | — | 1 | 332€ |
| 3424 | Monte Direct03194485 · Gusinje | 0.0% | 0€ | -100.0% | -2,031€ | — | 1 | — |
| 3425 | Sparta02744341 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -17,247€ | — | 1 | 339€ |
| 3426 | PMT2103372146 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -21,060€ | — | 1 | 920€ |
| 3427 | Ecovital03307000 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,581€ | — | 1 | 677€ |
| 3428 | Monte Hospitality03575551 · Budva | 0.0% | 0€ | -100.0% | -4,933€ | — | 2 | — |
| 3429 | TCC Company03326853 · Ulcinj | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,102€ | — | 1 | 674€ |
| 3430 | Vectormont02629666 · Kolašin | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,026€ | — | 1 | — |
| 3431 | Vidojević Company03590232 · Herceg Novi | 0.0% | 0€ | -100.0% | -7,273€ | — | 1 | 591€ |
| 3432 | Varadero02428130 · Tivat | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,035€ | — | 1 | — |
| 3433 | Cesare02932482 · Kotor | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,070€ | — | 1 | 339€ |
| 3434 | All Time Event03200841 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,690€ | — | 1 | 677€ |
| 3435 | Masha02462842 · Ulcinj | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,991€ | — | 1 | 339€ |
| 3436 | Future Co03307387 · Herceg Novi | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,240€ | — | 1 | — |
| 3437 | G & i02750040 · Kotor | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,080€ | — | 1 | — |
| 3438 | Kalardovo Plus02786630 · Tivat | 0.0% | 0€ | -100.0% | 0€ | — | — | — |
| 3439 | Novi Hills03595552 · Herceg Novi | 0.0% | 0€ | -100.0% | -3,816€ | — | 1 | — |
| 3440 | Oldtimer02650568 · Nikšić | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,025€ | — | 1 | — |
| 3441 | Romanoff02622459 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -22,476€ | — | 3 | 624€ |
| 3442 | Komunica03358194 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -6,807€ | — | 1 | 564€ |
| 3443 | Palma Company02466171 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,018€ | — | 1 | — |
| 3444 | Volume02807572 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,138€ | — | 1 | 675€ |
| 3445 | Pejanović02974908 · Kotor | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,252€ | — | 1 | 677€ |
| 3446 | Kanda03763137 · Plužine | 0.0% | 0€ | No filing for 2024. | -5,084€ | — | 1 | — |
| 3447 | Katun Grbovića03550117 · Šavnik | 0.0% | 0€ | -100.0% | 0€ | — | — | — |
| 3448 | NMG Company03788652 · Nikšić | 0.0% | 0€ | No filing for 2024. | -2,374€ | — | 0 | — |
| 3449 | Stari Nikšić03111059 · Nikšić | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -7,966€ | — | 1 | 664€ |
| 3450 | Beton Group-Popović02690845 · Berane | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -74,662€ | — | 1 | 6,222€ |