Revenue
2.6% of Montenegro's revenue
1,100 companies earned 458.85m€ in 2025, 2.6% of all company revenue in Montenegro. It ranks 9 of 18 sectors by revenue. Revenue has grown 2.8× since 2015.
2.6% of Montenegro's revenue
698 with at most one employee
Largest employer: JP RT Crne Gore - Podgorica (743)
Total profit: 55.95m€
Average per employee, not per company
Revenue in € million (bars) and filing companies (below), 2015–2025
| Year | Revenue | Companies |
|---|---|---|
| 2015 | 161,664,788€ | 355 |
| 2016 | 187,411,974€ | 387 |
| 2017 | 156,909,552€ | 420 |
| 2018 | 201,110,217€ | 483 |
| 2019 | 213,739,435€ | 524 |
| 2020 | 189,430,367€ | 576 |
| 2021 | 264,330,805€ | 619 |
| 2022 | 304,663,433€ | 784 |
| 2023 | 358,532,955€ | 935 |
| 2024 | 418,593,407€ | 1,021 |
| 2025 (Preliminary) | 458,854,259€ | 1,100 |
The number of companies jumped most in 2022: from 619 to 784.
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 551–600 of 1,100
* 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 17 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* |
|---|
| 551 | Nice&Easy03453189 · Herceg Novi | <0.1% | 11,080€ | +112.7% | -1,600€ | -14.4% | 1 | 927€ |
| 552 | Infowave Art03497577 · Herceg Novi | <0.1% | 11,070€ | +1,130.0% | 345€ | 3.1% | 1 | 678€ |
| 553 | Shanti03521451 · Budva | <0.1% | 11,055€ | +198.9% | -11,501€ | -104.0% | 3 | 619€ |
| 554 | Silver Time MB03692841 · Podgorica | <0.1% | 10,923€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,321€ | -39.6% | 1 | 1,125€ |
| 555 | Rent A Party Montenegro03650081 · Podgorica | <0.1% | 10,860€ | +212.5% | 1,505€ | 13.9% | 1 | 678€ |
| 556 | Um Agency03725324 · Podgorica | <0.1% | 10,846€ | No filing for 2024. | 2,598€ | 24.0% | 1 | — |
| 557 | 86 GYM03220478 · Kotor | <0.1% | 10,765€ | -4.6% | 317€ | 2.9% | 1 | 790€ |
| 558 | Videomontenegro03391965 · Budva | <0.1% | 10,737€ | +35.7% | 1,220€ | 11.4% | 1 | 677€ |
| 559 | Identity & Promotion03009696 · Podgorica | <0.1% | 10,700€ | +51.5% | 28€ | 0.3% | 1 | 311€ |
| 560 | MED&GCT03692639 · Podgorica | <0.1% | 10,550€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 660€ | 6.3% | 1 | 675€ |
| 561 | Pepelatz03558452 · Podgorica | <0.1% | 10,325€ | -26.9% | -2,887€ | -28.0% | 1 | 703€ |
| 562 | I Don't Know Production03133982 · Podgorica | <0.1% | 10,300€ | +35,417.2% | 4,941€ | 48.0% | 1 | 339€ |
| 563 | GYM Lab03690822 · Tuzi | <0.1% | 10,280€ | +296.9% | 1,114€ | 10.8% | 1 | 675€ |
| 564 | Fit Institute03400441 · Podgorica | <0.1% | 10,252€ | -69.6% | -16,402€ | -160.0% | 3 | 392€ |
| 565 | Olmar02996294 · Tivat | <0.1% | 10,250€ | -71.4% | -8,149€ | -79.5% | 2 | 654€ |
| 566 | Rina Consulting02785625 · Ulcinj | <0.1% | 10,133€ | +1,222.8% | -28,139€ | -277.7% | 1 | 488€ |
| 567 | Bankada02276062 · Podgorica | <0.1% | 10,111€ | -83.7% | -15,419€ | -152.5% | 2 | 708€ |
| 568 | GYM SLY03659879 · Bar | <0.1% | 10,026€ | +31.2% | -6,860€ | -68.4% | 1 | 679€ |
| 569 | Laser Cut Shop03274624 · Podgorica | <0.1% | 10,001€ | -89.2% | -5,090€ | -50.9% | 1 | 1,089€ |
| 570 | Spomenik Prirode Kanjon Cijevne03798151 · Tuzi | <0.1% | 10,000€ | No filing for 2024. | 2,364€ | 23.6% | 1 | 609€ |
| 571 | Krispace03712842 · Herceg Novi | <0.1% | 9,908€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 446€ | 4.5% | 1 | 677€ |
| 572 | Makarovija03456897 · Herceg Novi | <0.1% | 9,900€ | +1,137.5% | 362€ | 3.7% | 1 | 678€ |
| 573 | Tud03513629 · Budva | <0.1% | 9,880€ | -46.1% | -8,515€ | -86.2% | 1 | 926€ |
| 574 | Greenwavearts03278239 · Herceg Novi | <0.1% | 9,815€ | +35.2% | 1,049€ | 10.7% | 1 | 680€ |
| 575 | Body Transforming Fitness Studio03377946 · Podgorica | <0.1% | 9,570€ | -36.9% | -11,738€ | -122.7% | 2 | 678€ |
| 576 | Vlanaroom03011577 · Budva | <0.1% | 9,482€ | +2,563.5% | 1,138€ | 12.0% | 1 | 681€ |
| 577 | Fcfreedom03417450 · Tivat | <0.1% | 9,380€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,195€ | -98.0% | 2 | 675€ |
| 578 | Tango02946351 · Kotor | <0.1% | 9,343€ | -45.4% | -10,145€ | -108.6% | 1 | 848€ |
| 579 | Karpova Kosa03384527 · Budva | <0.1% | 9,252€ | -37.7% | -2,578€ | -27.9% | 1 | 751€ |
| 580 | Goraton02244438 · Podgorica | <0.1% | 9,247€ | +495.8% | -6,023€ | -65.1% | 2 | 511€ |
| 581 | Sportlife Monte03479196 · Herceg Novi | <0.1% | 9,228€ | +224.7% | -226€ | -2.4% | 1 | 677€ |
| 582 | Niti Group03726380 · Podgorica | <0.1% | 9,173€ | No filing for 2024. | -9,111€ | -99.3% | 0 | — |
| 583 | Montesprat Group03516423 · Budva | <0.1% | 9,101€ | +257.7% | -8,124€ | -89.3% | 1 | 1,341€ |
| 584 | Ytrips03459381 · Bar | <0.1% | 9,040€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 241€ | 2.7% | 1 | 678€ |
| 585 | Zlatna Gora Izdavaštvo / Zlatna Gora Publishing03276066 · Nikšić | <0.1% | 8,951€ | +104.8% | 2,840€ | 31.7% | 1 | 448€ |
| 586 | Čarolija - MN02968690 · Nikšić | <0.1% | 8,682€ | +47.9% | 277€ | 3.2% | 1 | 631€ |
| 587 | Lfstzband03700291 · Budva | <0.1% | 8,490€ | No filing for 2024. | 935€ | 11.0% | 1 | 532€ |
| 588 | Kurbatov Music03427099 · Podgorica | <0.1% | 8,480€ | +131.1% | 349€ | 4.1% | 1 | 675€ |
| 589 | Balalajka03466698 · Herceg Novi | <0.1% | 8,480€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -280€ | -3.3% | 1 | 680€ |
| 590 | Monteshow03573095 · Budva | <0.1% | 8,470€ | +303.3% | -613€ | -7.2% | 1 | 678€ |
| 591 | Ameripro03550893 · Budva | <0.1% | 8,384€ | -24.5% | -5,456€ | -65.1% | 1 | 986€ |
| 592 | Body BY Jeli03450627 · Herceg Novi | <0.1% | 8,377€ | +66.5% | 56€ | 0.7% | 1 | 678€ |
| 593 | Screen Side03480569 · Budva | <0.1% | 8,360€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -3,024€ | -36.2% | 1 | 790€ |
| 594 | The Golden Chestnuts Swing Dance Club In Montenegro03104168 · Podgorica | <0.1% | 8,343€ | +52.0% | -10,017€ | -120.1% | 2 | 678€ |
| 595 | Amazonka03424499 · Herceg Novi | <0.1% | 8,300€ | +16.9% | -1,366€ | -16.5% | 1 | 676€ |
| 596 | Copyreg03711021 · Budva | <0.1% | 8,247€ | No filing for 2024. | 165€ | 2.0% | 0 | — |
| 597 | DNM - FMS03527719 · Bar | <0.1% | 8,245€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 182€ | 2.2% | 1 | 670€ |
| 598 | Pro Diving03056040 · Podgorica | <0.1% | 8,207€ | +31.9% | -7,663€ | -93.4% | 1 | 690€ |
| 599 | La Fiesta03640329 · Podgorica | <0.1% | 8,120€ | +67.4% | 269€ | 3.3% | 1 | 508€ |
| 600 | Veri Veroza02953013 · Tivat | <0.1% | 8,115€ | -1.3% | -2,213€ | -27.3% | 1 | 703€ |