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 3651–3700 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* |
|---|
| 3651 | Rukbat03577759 · Podgorica | 0.0% | 0€ | -100.0% | -45,008€ | — | 1 | 829€ |
| 3652 | Montenegro 8 Sutomore03565637 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -1,528€ | — | 1 | — |
| 3653 | S58 Tourism03669815 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -7,708€ | — | 1 | 538€ |
| 3654 | S & A Company03484165 · Ulcinj | 0.0% | 0€ | -100.0% | -5,454€ | — | 1 | 338€ |
| 3655 | Sad Marine03533956 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -5,595€ | — | 1 | 464€ |
| 3656 | Satori03767302 · Tivat | 0.0% | 0€ | No filing for 2024. | 0€ | — | — | — |
| 3657 | S&Đ Company03226735 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -14,193€ | — | 1 | 393€ |
| 3658 | Sedorc Tourism03474658 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,462€ | — | 1 | 367€ |
| 3659 | Šefto Company03059529 · Rožaje | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 0€ | — | — | — |
| 3660 | Selene03584607 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 0€ | — | — | — |
| 3661 | Senyildiz03633772 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,773€ | — | 1 | 677€ |
| 3662 | Sette02928957 · Budva | 0.0% | 0€ | -100.0% | -13,334€ | — | 1 | 410€ |
| 3663 | Sharlotteria03549119 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -154€ | — | 1 | — |
| 3664 | SHCH03296253 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -10,670€ | — | 1 | 677€ |
| 3665 | Simglobal-Mne03506339 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,139€ | — | 1 | 675€ |
| 3666 | Slatki Slanutak03779211 · Podgorica | 0.0% | 0€ | No filing for 2024. | -2,168€ | — | 0 | — |
| 3667 | SMB Gradnja02469103 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,070€ | — | 1 | 339€ |
| 3668 | Smile Coffee03785653 · Podgorica | 0.0% | 0€ | No filing for 2024. | -1,120€ | — | 1 | — |
| 3669 | Snowflake Coffe03518604 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,035€ | — | 1 | — |
| 3670 | Societa Italo Montenegrina Investimenti02618834 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -5,845€ | — | 1 | 487€ |
| 3671 | Spiritus Loci Hospitality03557502 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -3,998€ | — | 1 | — |
| 3672 | Sport City03030288 · Ulcinj | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -16,149€ | — | 1 | 675€ |
| 3673 | Srđo & Kiki03454037 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,138€ | — | 1 | 675€ |
| 3674 | Šta03641139 · Tivat | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -19,604€ | — | 3 | 530€ |
| 3675 | Star Catering03794474 · Podgorica | 0.0% | 0€ | No filing for 2024. | -88€ | — | 0 | — |
| 3676 | Stocco Company03587835 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,139€ | — | 1 | 678€ |
| 3677 | Streltsov Company03526704 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,088€ | — | 1 | 675€ |
| 3678 | Summer Lux03600947 · Herceg Novi | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,563€ | — | 2 | — |
| 3679 | Suner Grup03573028 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,123€ | — | 1 | 677€ |
| 3680 | Sunny Coast03327329 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -7,334€ | — | 1 | — |
| 3681 | Super Snacks03661717 · Tivat | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -3,485€ | — | 1 | — |
| 3682 | Swisslion Vukov Most03778274 · Nikšić | 0.0% | 0€ | No filing for 2024. | -3,717€ | — | 1 | — |
| 3683 | Tajne Mora02931486 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,012€ | — | 1 | — |
| 3684 | Tampa Residence03715833 · Nikšić | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -10,099€ | — | 1 | 717€ |
| 3685 | Taproom03784223 · Podgorica | 0.0% | 0€ | No filing for 2024. | -1,842€ | — | 1 | — |
| 3686 | Tatirob03612368 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,234€ | — | 1 | 924€ |
| 3687 | Teara03586839 · Ulcinj | 0.0% | 0€ | -100.0% | 0€ | — | — | — |
| 3688 | Temple Tree Hospitality Montenegro (TTHM)03468615 · Tivat | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,439€ | — | 1 | — |
| 3689 | Terracotta03115674 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,120€ | — | 1 | — |
| 3690 | The Life03708764 · Tivat | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,139€ | — | 1 | 678€ |
| 3691 | Trog&Co03652955 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,148€ | — | 1 | 678€ |
| 3692 | Tscharlies Garden03388158 · Bar | 0.0% | 0€ | -100.0% | -8,222€ | — | 1 | 675€ |
| 3693 | Tugayoglu Group03577902 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,139€ | — | 1 | 675€ |
| 3694 | Turistički Kamp Mitrovići03370607 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,970€ | — | 1 | — |
| 3695 | Tutto Montenegro03362086 · Herceg Novi | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,179€ | — | 1 | — |
| 3696 | Two Coffee03797481 · Budva | 0.0% | 0€ | No filing for 2024. | -1,481€ | — | 1 | — |
| 3697 | Uniflex03186334 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,387€ | — | 1 | 694€ |
| 3698 | Urban Touch03242633 · Bar | 0.0% | 0€ | -100.0% | -9,172€ | — | 1 | 417€ |
| 3699 | Vasnik03148319 · Herceg Novi | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -1,756€ | — | 1 | — |
| 3700 | Vedri Dan03377261 · Budva | 0.0% | 0€ | -100.0% | 0€ | — | — | — |