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 3601–3650 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* |
|---|
| 3601 | Molloko02883457 · Ulcinj | 0.0% | 0€ | -100.0% | 0€ | — | — | — |
| 3602 | Monabel03068072 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -1€ | — | 1 | — |
| 3603 | Mond Trade02436035 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -1€ | — | 1 | — |
| 3604 | Montefries03579280 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,062€ | — | 1 | 339€ |
| 3605 | Monteimore03702464 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -5,079€ | — | 1 | 422€ |
| 3606 | Montemare02406764 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,123€ | — | 1 | 677€ |
| 3607 | Monte Nargila Bars02832836 · Kotor | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,158€ | — | 1 | 677€ |
| 3608 | Monte Progres Luštica03742652 · Herceg Novi | 0.0% | 0€ | No filing for 2024. | -11,940€ | — | 1 | 530€ |
| 3609 | Monte Pub03727971 · Podgorica | 0.0% | 0€ | No filing for 2024. | -3,204€ | — | 1 | — |
| 3610 | Mont Voyage02822814 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -166,743€ | — | 1 | 339€ |
| 3611 | Motela MT Group03791840 · Podgorica | 0.0% | 0€ | No filing for 2024. | -1,096€ | — | 1 | — |
| 3612 | Mountain Cat Invest03788075 · Tivat | 0.0% | 0€ | No filing for 2024. | -2,382€ | — | 1 | — |
| 3613 | MRV03738345 · Bar | 0.0% | 0€ | No filing for 2024. | -23,831€ | — | 1 | 717€ |
| 3614 | Multicort03738370 · Herceg Novi | 0.0% | 0€ | No filing for 2024. | -5,294€ | — | 1 | 439€ |
| 3615 | Muratto03173011 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,283€ | — | 1 | 675€ |
| 3616 | Nadežda-Turist02883325 · Budva | 0.0% | 0€ | -100.0% | -11,826€ | — | 1 | 774€ |
| 3617 | Navi_five03593959 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 0€ | — | — | — |
| 3618 | Neoklis02715392 · Podgorica | 0.0% | 0€ | -100.0% | -4,098€ | — | 2 | — |
| 3619 | NG02950391 · Nikšić | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -1€ | — | 1 | — |
| 3620 | Nindžago03206009 · Herceg Novi | 0.0% | 0€ | -100.0% | -8,627€ | — | 1 | — |
| 3621 | Nioi Group03746461 · Budva | 0.0% | 0€ | No filing for 2024. | -5,272€ | — | 1 | 416€ |
| 3622 | Norex Management Montenegro02751992 · Budva | 0.0% | 0€ | -100.0% | -18,859€ | — | 1 | 677€ |
| 3623 | Novi Nobilis02957957 · Herceg Novi | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,074€ | — | 1 | 335€ |
| 3624 | Nozhan03645991 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,115€ | — | 1 | 676€ |
| 3625 | NYKS Company Mne03455203 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,179€ | — | 1 | 675€ |
| 3626 | Odelia03727033 · Podgorica | 0.0% | 0€ | No filing for 2024. | -6,854€ | — | 1 | 570€ |
| 3627 | Ogv International Trading03728072 · Budva | 0.0% | 0€ | No filing for 2024. | -6,591€ | — | 1 | 547€ |
| 3628 | Olivia - X-H-C03284719 · Ulcinj | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,093€ | — | 1 | 339€ |
| 3629 | Onogošt S&S03807754 · Kotor | 0.0% | 0€ | No filing for 2024. | -406€ | — | 1 | — |
| 3630 | Orangeleaf03327825 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -12,055€ | — | 1 | 928€ |
| 3631 | Orenda03751759 · Podgorica | 0.0% | 0€ | No filing for 2024. | -8,597€ | — | 2 | 358€ |
| 3632 | Meditteran02337134 · Herceg Novi | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -500€ | — | 1 | — |
| 3633 | Osmera03602940 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,305€ | — | 1 | 678€ |
| 3634 | Ostrovskaya Consulting03504913 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,058€ | — | 1 | 918€ |
| 3635 | Ostrvo Sveti Marko02670437 · Tivat | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -21,083€ | — | 1 | 449€ |
| 3636 | Ota-Laki03100863 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,034€ | — | 1 | — |
| 3637 | Owa Solutions03521613 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,187€ | — | 1 | 677€ |
| 3638 | Parkue Company03291910 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,032€ | — | 1 | — |
| 3639 | Perdiv & Lučić02156393 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -29,020€ | — | 2 | 339€ |
| 3640 | Perlas02979888 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,813€ | — | 1 | 408€ |
| 3641 | Petrović BP Group03635163 · Tivat | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,060€ | — | 1 | — |
| 3642 | Pilz - Metzner Planning & Consulting03503771 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,274€ | — | 1 | 678€ |
| 3643 | Ovčar07181671 · Ulcinj | 0.0% | 0€ | -100.0% | 0€ | — | — | — |
| 3644 | Drum & Putokazi02267519 · Žabljak | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,584€ | — | 1 | 925€ |
| 3645 | E Dem - Buljarica - Invest02434644 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,778€ | — | 1 | 679€ |
| 3646 | Ratnik03401880 · Tivat | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,207€ | — | 1 | 762€ |
| 3647 | Rexha Deluxe Exclusive03279839 · Ulcinj | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -1€ | — | 1 | — |
| 3648 | Ricdi Inter Protection03552047 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,296€ | — | 1 | 678€ |
| 3649 | Riva Dona03736482 · Podgorica | 0.0% | 0€ | No filing for 2024. | -88,506€ | — | 1 | 571€ |
| 3650 | Rudanca03104567 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,069€ | — | 1 | 339€ |