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 3551–3600 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* |
|---|
| 3551 | Kalantar Group03783740 · Bar | 0.0% | 0€ | No filing for 2024. | -1,908€ | — | 1 | — |
| 3552 | Kalden03351912 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,035€ | — | 1 | — |
| 3553 | Kalipso - Art03407799 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,233€ | — | 1 | 678€ |
| 3554 | Karbe Montenegro03706788 · Podgorica | 0.0% | 0€ | No filing for 2024. | -2,627€ | — | 1 | — |
| 3555 | Kartal BJK Group03597032 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,284€ | — | 1 | 678€ |
| 3556 | Katoma02649730 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,012€ | — | 1 | — |
| 3557 | Kavlak´s03693899 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -6,382€ | — | 0 | — |
| 3558 | Kemo&Keša03365751 · Rožaje | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 0€ | — | — | — |
| 3559 | King Meran Aegeus03612406 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,143€ | — | 1 | 670€ |
| 3560 | Koral02627418 · Budva | 0.0% | 0€ | -100.0% | 0€ | — | — | — |
| 3561 | Kosher Services Montenegro03795322 · Podgorica | 0.0% | 0€ | No filing for 2024. | -439€ | — | 1 | — |
| 3562 | Krnovo Oaza Resort03749304 · Nikšić | 0.0% | 0€ | No filing for 2024. | -9,234€ | — | 0 | — |
| 3563 | Krstovic Kids03588831 · Podgorica | 0.0% | 0€ | -100.0% | 0€ | — | — | — |
| 3564 | Kusovac-Commerce02369117 · Cetinje | 0.0% | 0€ | -100.0% | 0€ | — | — | — |
| 3565 | Kusov03724506 · Bar | 0.0% | 0€ | No filing for 2024. | -8,011€ | — | 1 | 665€ |
| 3566 | La Baia03448100 · Kotor | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -12,399€ | — | 1 | 975€ |
| 3567 | La Mia Ketering03406962 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -1,889€ | — | 1 | — |
| 3568 | Lams03407900 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,138€ | — | 1 | 678€ |
| 3569 | Latteart03540537 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,276€ | — | 1 | 678€ |
| 3570 | Lavanda Montenegro03237451 · Kotor | 0.0% | 0€ | -100.0% | -3,719€ | — | 1 | — |
| 3571 | Lavinia Tourism03544559 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 0€ | — | — | — |
| 3572 | LB Hotel Development Partners03186105 · Tivat | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -5,866€ | — | 1 | — |
| 3573 | Lebanese Cedar Restaurant03241769 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,270€ | — | 1 | 927€ |
| 3574 | Lionheart Global Holding03425428 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,696€ | — | 1 | 678€ |
| 3575 | Lizayuna02667169 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -6,564€ | — | — | — |
| 3576 | Ljubavni Izvor03528693 · Budva | 0.0% | 0€ | -100.0% | -8,101€ | — | 1 | 675€ |
| 3577 | LMB Torine03761215 · Bar | 0.0% | 0€ | No filing for 2024. | -5,151€ | — | 1 | 397€ |
| 3578 | Lojić Co03125041 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -12,232€ | — | 1 | 1,011€ |
| 3579 | Lokky Club Monte03242650 · Herceg Novi | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 0€ | — | — | — |
| 3580 | Luka & Hany03254143 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,000€ | — | 1 | 333€ |
| 3581 | Luneto03809919 · Zeta | 0.0% | 0€ | No filing for 2024. | -148€ | — | 1 | — |
| 3582 | Malik Bar03255379 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,078€ | — | 1 | 338€ |
| 3583 | M&A Montenegro Apartmani03417000 | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,003€ | — | 1 | 655€ |
| 3584 | Mare Adriatico02255880 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,401€ | — | 2 | 387€ |
| 3585 | Marigo03193667 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,031€ | — | 1 | — |
| 3586 | M.A.R.S.02999544 · Tuzi | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -10,749€ | — | 2 | 424€ |
| 3587 | Matreshka03272834 · Herceg Novi | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -14,184€ | — | 1 | 677€ |
| 3588 | Matterello03224856 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,006€ | — | 1 | 334€ |
| 3589 | Mauricio03058905 · Podgorica | 0.0% | 0€ | -100.0% | -2,131€ | — | 1 | — |
| 3590 | Maxijett03782638 · Tivat | 0.0% | 0€ | No filing for 2024. | -1,110€ | — | 1 | — |
| 3591 | Maya Genetics03585565 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,264€ | — | 1 | 922€ |
| 3592 | MB Beg03712257 · Budva | 0.0% | 0€ | No filing for 2024. | -18,590€ | — | 1 | 607€ |
| 3593 | Me Luxury Chefs03174654 · Tivat | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -10,698€ | — | 1 | 678€ |
| 3594 | Merveille03469760 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,144€ | — | 1 | 675€ |
| 3595 | Metar Pan03794261 · Budva | 0.0% | 0€ | No filing for 2024. | -407€ | — | 1 | — |
| 3596 | Metrum-Mne03485854 · Budva | 0.0% | 0€ | -100.0% | -8,337€ | — | 2 | 335€ |
| 3597 | Miland02781999 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -38,521€ | — | 2 | 971€ |
| 3598 | Mizrakhi02710200 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,100€ | — | 1 | 677€ |
| 3599 | MM Rita03604691 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -3,475€ | — | 1 | — |
| 3600 | M.O. Investment03461475 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,185€ | — | 1 | 677€ |