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 3501–3550 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* |
|---|
| 3501 | Foka Group03674746 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -7,144€ | — | 1 | 595€ |
| 3502 | Fokus Kal03601331 · Podgorica | 0.0% | 0€ | -100.0% | -3,461€ | — | 1 | — |
| 3503 | Food Trade Plus02815729 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,012€ | — | 1 | — |
| 3504 | Fresh Wave03535665 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -13,795€ | — | 1 | 1,017€ |
| 3505 | Future Idea03609081 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,139€ | — | 1 | 678€ |
| 3506 | Gallia03436918 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -30,253€ | — | 1 | — |
| 3507 | Gandalf Food03318508 · Podgorica | 0.0% | 0€ | -100.0% | -3,441€ | — | 1 | — |
| 3508 | Gattina02889315 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,433€ | — | 1 | 555€ |
| 3509 | Gavisus03516598 · Podgorica | 0.0% | 0€ | -100.0% | -5,395€ | — | 1 | 436€ |
| 3510 | GCM Corporation03713440 · Budva | 0.0% | 0€ | No filing for 2024. | -4,038€ | — | 1 | 337€ |
| 3511 | Gift For Mirai03397424 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -1€ | — | 1 | — |
| 3512 | Giv Company03171701 · Budva | 0.0% | 0€ | -100.0% | -4,061€ | — | 1 | 338€ |
| 3513 | Glamhill03232948 · Podgorica | 0.0% | 0€ | -100.0% | -65,676€ | — | 2 | 677€ |
| 3514 | Glenn Group03727742 · Budva | 0.0% | 0€ | No filing for 2024. | -59,681€ | — | 9 | 535€ |
| 3515 | Global Leisure Investments PTY LTD03258955 · Tivat | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,969€ | — | 1 | 339€ |
| 3516 | Golden Consulting Group03394093 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -14,321€ | — | 1 | 984€ |
| 3517 | Golden Sand03344509 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,131€ | — | 1 | — |
| 3518 | Gold Street02939576 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -1€ | — | 1 | — |
| 3519 | Građevinsko Preduzeće Nukleus03442438 · Herceg Novi | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -60,374€ | — | 1 | 844€ |
| 3520 | Green Forest02975009 · Bar | 0.0% | 0€ | -100.0% | 0€ | — | — | — |
| 3521 | Gulerinn03625001 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,139€ | — | 1 | 675€ |
| 3522 | Guner Global03683532 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -14,941€ | — | 2 | 620€ |
| 3523 | Gursoy Group03580938 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,227€ | — | 1 | 676€ |
| 3524 | Harmonia Colours03252477 · Tivat | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,792€ | — | 1 | 723€ |
| 3525 | Harmonica Montenegro03662357 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,502€ | — | 1 | 678€ |
| 3526 | Hera Cafe Turizm03447995 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,139€ | — | 1 | 675€ |
| 3527 | Herakle03470717 · Nikšić | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -3,823€ | — | 1 | — |
| 3528 | Hidden Valley Montenegro03684393 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -14,052€ | — | 1 | 963€ |
| 3529 | Highbury Carlton Group03767043 · Budva | 0.0% | 0€ | No filing for 2024. | -4,732€ | — | 1 | 394€ |
| 3530 | Hi Monte03738353 · Bar | 0.0% | 0€ | No filing for 2024. | -1,500€ | — | 1 | — |
| 3531 | Hollegro Tours02789256 · Ulcinj | 0.0% | 0€ | -100.0% | 0€ | — | — | — |
| 3532 | Hotel Internacional03674711 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -143,786€ | — | 2 | 828€ |
| 3533 | Bam Montenegro02850028 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -35,598€ | — | 1 | 339€ |
| 3534 | Ibrahim Kerem Group Mne03401804 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,018€ | — | 1 | 675€ |
| 3535 | Ik Tourism03632555 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,123€ | — | 1 | 677€ |
| 3536 | Il Ravenite Uno03799263 · Podgorica | 0.0% | 0€ | No filing for 2024. | -339€ | — | 1 | — |
| 3537 | Imperia Troy Hotel Group03054098 · Ulcinj | 0.0% | 0€ | -100.0% | 0€ | — | — | — |
| 3538 | Integral Energy Invest02730570 · Kotor | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -19,267€ | — | 1 | 677€ |
| 3539 | Interstar02868385 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,713€ | — | 1 | — |
| 3540 | Interstellaramne03765113 · Herceg Novi | 0.0% | 0€ | No filing for 2024. | -6,635€ | — | 1 | 460€ |
| 3541 | Investment Group Podgorica03281124 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,153€ | — | 1 | 338€ |
| 3542 | Jaaz03353125 · Rožaje | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 0€ | — | — | — |
| 3543 | Jadran Turs02200422 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -7,013€ | — | 1 | 584€ |
| 3544 | Jedite Kod Mene03718204 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,123€ | — | 1 | 677€ |
| 3545 | Jelovica Banja02736543 · Berane | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,886€ | — | 1 | 369€ |
| 3546 | JK Group03299457 · Herceg Novi | 0.0% | 0€ | -100.0% | 0€ | — | — | — |
| 3547 | JM Mne03303314 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -6,715€ | — | 1 | 558€ |
| 3548 | Još Jednom03300269 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -12,184€ | — | 1 | 1,015€ |
| 3549 | Jovanesku Co03119572 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,012€ | — | 1 | — |
| 3550 | Kaan Enerji Insaat03641708 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,284€ | — | 1 | 675€ |