Revenue
3.5% of Montenegro's revenue
2,701 companies earned 622.11m€ in 2025, 3.5% of all company revenue in Montenegro. It ranks 6 of 25 municipalities by revenue. Revenue has grown 3.3× since 2015.
3.5% of Montenegro's revenue
87.6 per 1,000 residents · Montenegro 57.3
Largest employer: Portonovi Hospitality Management Company (355)
Total profit: 14.92m€
Average per employee, not per company
Revenue in € million (bars) and filing companies (below), 2015–2025
| Year | Revenue | Companies |
|---|---|---|
| 2015 | 186,748,143€ | 1,096 |
| 2016 | 238,411,668€ | 1,158 |
| 2017 | 256,635,932€ | 1,236 |
| 2018 | 330,861,351€ | 1,347 |
| 2019 | 472,263,023€ | 1,508 |
| 2020 | 281,384,588€ | 1,616 |
| 2021 | 298,013,020€ | 1,775 |
| 2022 | 478,145,632€ | 2,226 |
| 2023 | 519,343,062€ | 2,536 |
| 2024 | 586,186,307€ | 2,626 |
| 2025 (Preliminary) | 622,105,532€ | 2,701 |
The number of companies jumped most in 2022: from 1,775 to 2,226.
Companies are assigned to the municipality of their current seat for every year
Growth is measured on the same companies, which filed for both years.
Share of municipal revenue
Share in MontenegroRevenue 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 2,701
* 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 →
| Employees |
|---|
| Payroll cost/emp./mo* |
|---|
| 551 | SF Company03459632 · Real estate | <0.1% | 104,866€ | -11.3% | -260,161€ | -248.1% | 1 | 678€ |
| 552 | Adriatic Metal Mont Mne03595480 · Manufacturing | <0.1% | 104,665€ | -55.3% | -33,215€ | -31.7% | 4 | 1,302€ |
| 553 | Tomaš02406942 · Trade | <0.1% | 104,472€ | +7.5% | 2,018€ | 1.9% | 2 | 541€ |
| 554 | Cloud Montenegro02866455 · Technology | <0.1% | 103,774€ | +19.3% | 1,528€ | 1.5% | 6 | 1,164€ |
| 555 | Aqua Vista02711583 · Construction | <0.1% | 103,347€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -5€ | -0.0% | 1 | 7,529€ |
| 556 | Lightseed Technologies03603946 · Professional services | <0.1% | 103,320€ | +4.3% | 56,641€ | 54.8% | 1 | 2,781€ |
| 557 | Focus02113490 · Technology | <0.1% | 103,124€ | -9.2% | 17,602€ | 17.1% | 3 | 1,389€ |
| 558 | Tali Software03434010 · Technology | <0.1% | 102,681€ | +125.0% | 47,828€ | 46.6% | 1 | 3,966€ |
| 559 | BCL Holding Ag03640949 · Technology | <0.1% | 102,553€ | +1,165.8% | -42,718€ | -41.7% | 0 | — |
| 560 | Dragić02127504 · Trade | <0.1% | 102,415€ | +8.7% | 3,026€ | 3.0% | 1 | 1,468€ |
| 561 | Property Service02726475 · Administrative services | <0.1% | 102,410€ | +200.3% | 4,905€ | 4.8% | 3 | 1,326€ |
| 562 | Fjaka03524159 · Hospitality | <0.1% | 101,480€ | -15.5% | -13,870€ | -13.7% | 3 | 978€ |
| 563 | Tank Cleaning Company03681661 · Manufacturing | <0.1% | 101,446€ | +158.5% | 1,406€ | 1.4% | 5 | 945€ |
| 564 | MSD Sistem03367240 · Hospitality | <0.1% | 101,347€ | +3.7% | 15,467€ | 15.3% | 3 | 802€ |
| 565 | Gazdinstvo Radović03266346 · Agriculture | <0.1% | 100,951€ | +29.4% | 6,446€ | 6.4% | 1 | 367€ |
| 566 | Wizius02924862 · Trade | <0.1% | 100,756€ | -13.1% | 9,354€ | 9.3% | 3 | 422€ |
| 567 | Auto-Škola Vlačić03665755 · Education | <0.1% | 100,633€ | +177.6% | -11,407€ | -11.3% | 6 | 708€ |
| 568 | Ellena Group02292408 · Hospitality | <0.1% | 100,406€ | -13.3% | 3,377€ | 3.4% | 3 | 669€ |
| 569 | Boka BB03747727 · Hospitality | <0.1% | 99,901€ | No filing for 2024. | 2,431€ | 2.4% | 3 | 539€ |
| 570 | Miakomerc02213702 · Manufacturing | <0.1% | 99,629€ | -10.8% | 4,484€ | 4.5% | 6 | 544€ |
| 571 | La Vie Company03566854 · Hospitality | <0.1% | 99,144€ | +24.1% | 10,442€ | 10.5% | 3 | 1,230€ |
| 572 | Copy Centar Radius02666995 · Trade | <0.1% | 98,731€ | +9.5% | 483€ | 0.5% | 4 | 932€ |
| 573 | Madžarević-Biro Konto i Ortaci02149575 · Manufacturing | <0.1% | 98,651€ | -30.6% | -45,156€ | -45.8% | 7 | 631€ |
| 574 | Ibexmont02865726 · Professional services | <0.1% | 98,336€ | -13.0% | 7,005€ | 7.1% | 1 | 5,310€ |
| 575 | Elbo-Herceg Novi02880245 · Transport & logistics | <0.1% | 98,306€ | +29.4% | 58,243€ | 59.2% | 1 | 603€ |
| 576 | Radius Gas02958066 · Construction | <0.1% | 97,543€ | +22.6% | 3,292€ | 3.4% | 1 | 1,419€ |
| 577 | Kairos Mne02679400 · Hospitality | <0.1% | 97,248€ | -8.7% | -34,578€ | -35.6% | 5 | 772€ |
| 578 | Ameno03257177 · Hospitality | <0.1% | 97,236€ | +10.1% | 6,615€ | 6.8% | 2 | 779€ |
| 579 | Ellcoffee03383881 · Hospitality | <0.1% | 97,092€ | -11.9% | -26,060€ | -26.8% | 8 | 761€ |
| 580 | Konjički Klub Aryen 202003420353 · Administrative services | <0.1% | 96,915€ | +13.1% | 706€ | 0.7% | 7 | 666€ |
| 581 | Vel - Boš02347385 · Transport & logistics | <0.1% | 96,893€ | -1.4% | -5,287€ | -5.5% | 5 | 772€ |
| 582 | Terrakop03460231 · Transport & logistics | <0.1% | 96,885€ | +30.2% | 24,165€ | 24.9% | 2 | 749€ |
| 583 | Formaggio03134016 · Hospitality | <0.1% | 96,607€ | +41.5% | 8,925€ | 9.2% | 3 | 772€ |
| 584 | Kobel Blu03502660 · Trade | <0.1% | 96,490€ | -35.8% | -21,328€ | -22.1% | 3 | 876€ |
| 585 | Car Wash03048420 · Trade | <0.1% | 96,354€ | +34.8% | -7,897€ | -8.2% | 4 | 593€ |
| 586 | Montecristo02435497 · Real estate | <0.1% | 96,142€ | -21.0% | -5,817€ | -6.1% | 3 | 785€ |
| 587 | Analitika02702541 · Health & social care | <0.1% | 96,012€ | -8.1% | 12,631€ | 13.2% | 2 | 1,311€ |
| 588 | Marrian & Co03266494 · Professional services | <0.1% | 95,951€ | -2.0% | 28,567€ | 29.8% | 3 | 1,408€ |
| 589 | MMS CO.03412962 · Hospitality | <0.1% | 95,379€ | -16.1% | -9,433€ | -9.9% | 3 | 882€ |
| 590 | RTH Trans02718146 · Transport & logistics | <0.1% | 95,211€ | +37.8% | 5,853€ | 6.1% | 3 | 677€ |
| 591 | Geobiro02925206 · Professional services | <0.1% | 94,977€ | +10.8% | 5,505€ | 5.8% | 2 | 1,696€ |
| 592 | Tiki & Mona03048691 · Trade | <0.1% | 94,495€ | +6.3% | 6,510€ | 6.9% | 2 | 857€ |
| 593 | Inter Car Co02291070 · Administrative services | <0.1% | 94,246€ | -13.1% | -10,644€ | -11.3% | 2 | 958€ |
| 594 | Belko02649454 · Construction | <0.1% | 93,813€ | +181.6% | 13,833€ | 14.7% | 3 | 835€ |
| 595 | Novi Solar03733866 · Energy, water & waste | <0.1% | 93,797€ | No filing for 2024. | 36,088€ | 38.5% | 1 | — |
| 596 | Madecassia03151611 · Construction | <0.1% | 93,122€ | +57,030.1% | -62,317€ | -66.9% | 1 | 9,798€ |
| 597 | Logosky03437779 · Technology | <0.1% | 93,039€ | -20.9% | -15€ | -0.0% | 3 | 1,796€ |
| 598 | Primo02809613 · Hospitality | <0.1% | 92,872€ | +140.0% | 845€ | 0.9% | 2 | 2,078€ |
| 599 | Diesel Service Milaković03284263 · Trade | <0.1% | 92,828€ | +0.8% | 17,389€ | 18.7% | 4 | 674€ |
| 600 | Maks-Invest03066541 · Trade | <0.1% | 92,040€ | -78.9% | 37,029€ | 40.2% | 1 | 678€ |