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 301–350 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* |
|---|
| 301 | BV Restaurants03491447 · Podgorica | <0.1% | 702,259€ | +57.7% | 91,027€ | 13.0% | 14 | 953€ |
| 302 | Mba PG103553094 · Podgorica | <0.1% | 700,937€ | +469.9% | 124,888€ | 17.8% | 6 | 2,693€ |
| 303 | Lepeza03548210 · Podgorica | <0.1% | 699,432€ | -8.0% | 33,739€ | 4.8% | 4 | 3,356€ |
| 304 | Restoran Kristal03475573 · Podgorica | <0.1% | 696,974€ | +13.5% | 2,199€ | 0.3% | 13 | 1,062€ |
| 305 | Tormenta02972727 · Tivat | <0.1% | 696,051€ | -21.9% | 11,337€ | 1.6% | 11 | 1,589€ |
| 306 | Caffeine Company03075966 · Podgorica | <0.1% | 695,781€ | +7.6% | 35,553€ | 5.1% | 15 | 1,223€ |
| 307 | Medini Co03095304 · Budva | <0.1% | 695,450€ | +1.5% | 200,214€ | 28.8% | 11 | 1,100€ |
| 308 | Home In Montenegro03129578 · Kotor | <0.1% | 694,549€ | -8.0% | 29,171€ | 4.2% | 4 | 1,257€ |
| 309 | Alrais Enterprises03212173 · Podgorica | <0.1% | 692,945€ | +16.8% | -14,027€ | -2.0% | 30 | 837€ |
| 310 | Monteccatini02462753 · Podgorica | <0.1% | 691,609€ | -3.3% | 7,567€ | 1.1% | 12 | 594€ |
| 311 | MCM Rental Service02665743 · Ulcinj | <0.1% | 688,219€ | -0.6% | 44,028€ | 6.4% | 10 | 581€ |
| 312 | Levante Real Estate03692558 · Budva | <0.1% | 683,006€ | +795.8% | 593,758€ | 86.9% | 1 | 682€ |
| 313 | Čoković Company02817284 · Bijelo Polje | <0.1% | 682,539€ | +20.6% | 12,842€ | 1.9% | 22 | 747€ |
| 314 | Pešter Co02156598 · Budva | <0.1% | 680,191€ | +1.9% | 86,468€ | 12.7% | 11 | 837€ |
| 315 | Liza Vinci03267407 · Budva | <0.1% | 678,953€ | -11.8% | 20,242€ | 3.0% | 17 | 1,338€ |
| 316 | Hotel 192003287602 · Podgorica | <0.1% | 678,756€ | +112.4% | 1,565€ | 0.2% | 17 | 715€ |
| 317 | Stefan Plus03020070 · Podgorica | <0.1% | 678,232€ | +4.8% | 123,446€ | 18.2% | 17 | 833€ |
| 318 | Dzambu03692523 · Bar | <0.1% | 674,125€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 255,818€ | 37.9% | 12 | 559€ |
| 319 | Marylebone03648761 · Podgorica | <0.1% | 673,343€ | +899.8% | -150,455€ | -22.3% | 14 | 2,269€ |
| 320 | Grifone International02777983 · Herceg Novi | <0.1% | 670,665€ | +0.5% | -14,866€ | -2.2% | 25 | 943€ |
| 321 | Le Petit Chateau02876230 · Bar | <0.1% | 668,854€ | -18.8% | -8,194€ | -1.2% | 35 | 626€ |
| 322 | Nero's02688379 · Podgorica | <0.1% | 667,458€ | -13.1% | 50,773€ | 7.6% | 9 | 1,982€ |
| 323 | Overseas Assets Managment02424614 · Podgorica | <0.1% | 665,075€ | -18.6% | -654,842€ | -98.5% | 3 | 2,710€ |
| 324 | Kuljača Company02076446 · Budva | <0.1% | 664,874€ | +62.1% | 107,660€ | 16.2% | 8 | 1,098€ |
| 325 | Marsenić02642956 · Kotor | <0.1% | 664,863€ | -1.9% | 26,073€ | 3.9% | 17 | 1,026€ |
| 326 | Corleone02855755 · Tivat | <0.1% | 662,617€ | +0.6% | 224,881€ | 33.9% | 7 | 854€ |
| 327 | Hugo03124070 · Podgorica | <0.1% | 658,242€ | -8.1% | 53,853€ | 8.2% | 13 | 1,164€ |
| 328 | Baskethand02932121 · Bar | <0.1% | 657,121€ | -48.6% | -38,761€ | -5.9% | 32 | 738€ |
| 329 | Crna Gora02046024 · Podgorica | <0.1% | 652,621€ | +12.7% | -1,500,232€ | -229.9% | 1 | 10,646€ |
| 330 | Speedy Pizza02976935 · Podgorica | <0.1% | 652,418€ | +3.5% | 9,734€ | 1.5% | 11 | 873€ |
| 331 | Martins Company03543854 · Herceg Novi | <0.1% | 648,648€ | +57.0% | 17,333€ | 2.7% | 4 | 3,833€ |
| 332 | Studio 198503498778 · Berane | <0.1% | 648,398€ | +37.2% | 80,264€ | 12.4% | 20 | 876€ |
| 333 | O'salivan03210944 · Budva | <0.1% | 648,319€ | -21.5% | 144,666€ | 22.3% | 9 | 812€ |
| 334 | Olimpia R02427044 · Budva | <0.1% | 647,192€ | -6.4% | -24,725€ | -3.8% | 21 | 987€ |
| 335 | Coral Beach03176584 · Ulcinj | <0.1% | 646,897€ | -2.6% | -59,805€ | -9.2% | 12 | 1,151€ |
| 336 | Hippo Campus02727757 · Kotor | <0.1% | 646,359€ | +2.2% | 148,528€ | 23.0% | 15 | 883€ |
| 337 | Sofi Cafe03553078 · Tivat | <0.1% | 644,805€ | +83.6% | 130,375€ | 20.2% | 14 | 912€ |
| 338 | Linear03438325 · Podgorica | <0.1% | 640,735€ | +10.8% | 53,707€ | 8.4% | 5 | 1,400€ |
| 339 | Plamenac02407558 · Bar | <0.1% | 636,787€ | -17.6% | 87,956€ | 13.8% | 12 | 958€ |
| 340 | Vukšić Group02857715 · Kotor | <0.1% | 634,996€ | +2.5% | 158,972€ | 25.0% | 12 | 871€ |
| 341 | Coffee 6003509621 · Podgorica | <0.1% | 633,968€ | -0.2% | -2,439€ | -0.4% | 20 | 678€ |
| 342 | Mala Barka02900475 · Tivat | <0.1% | 632,860€ | -3.4% | 2,564€ | 0.4% | 14 | 1,527€ |
| 343 | Li & Da03065430 · Budva | <0.1% | 631,373€ | +3.3% | 194,315€ | 30.8% | 4 | 1,519€ |
| 344 | Ank 198003267806 · Kotor | <0.1% | 630,878€ | +15.5% | 83,962€ | 13.3% | 9 | 1,097€ |
| 345 | Sherpas03361969 · Kolašin | <0.1% | 626,938€ | +27.0% | 14,416€ | 2.3% | 15 | 1,257€ |
| 346 | Zim Marić02307626 · Podgorica | <0.1% | 623,683€ | +13.0% | -29,491€ | -4.7% | 18 | 1,030€ |
| 347 | Karampana03084710 · Kotor | <0.1% | 623,081€ | +263.7% | 69,669€ | 11.2% | 11 | 1,733€ |
| 348 | Milinović02408970 · Kotor | <0.1% | 620,962€ | +9.0% | 249,013€ | 40.1% | 9 | 938€ |
| 349 | Serzman Incorporated03011526 · Kotor | <0.1% | 620,780€ | +24.0% | -189,451€ | -30.5% | 1 | 6,382€ |
| 350 | Globalunited CO.03304183 · Pljevlja | <0.1% | 614,610€ | +14.2% | 13,404€ | 2.2% | 24 | 805€ |