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 601–650 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* |
|---|
| 601 | Krin Capital02974878 · Professional services | <0.1% | 91,825€ | +23.5% | 18,592€ | 20.2% | 4 | 934€ |
| 602 | Kafedžija03548139 · Hospitality | <0.1% | 91,796€ | +27.9% | -7,518€ | -8.2% | 1 | 2,748€ |
| 603 | Sikimić Marine Services02400588 · Transport & logistics | <0.1% | 91,308€ | +10.7% | 17,805€ | 19.5% | 3 | 1,186€ |
| 604 | Kinoa03091490 · Trade | <0.1% | 90,954€ | +16.9% | -2,555€ | -2.8% | 4 | 640€ |
| 605 | Biorganik Market03441555 · Trade | <0.1% | 90,898€ | +18.5% | 1,368€ | 1.5% | 3 | 678€ |
| 606 | Maksmore03555194 · Hospitality | <0.1% | 90,484€ | -58.0% | -16,531€ | -18.3% | 6 | 433€ |
| 607 | Spaić Family03123375 · Hospitality | <0.1% | 90,390€ | -11.8% | -461€ | -0.5% | 5 | 604€ |
| 608 | Montepane03479234 · Manufacturing | <0.1% | 90,311€ | -84.6% | -77,410€ | -85.7% | 5 | 1,180€ |
| 609 | Montenegro Wild Boat03258246 · Transport & logistics | <0.1% | 90,139€ | +9.8% | 10,484€ | 11.6% | 3 | 588€ |
| 610 | Holiday Car03112390 · Administrative services | <0.1% | 89,974€ | +299.1% | 69,355€ | 77.1% | 1 | — |
| 611 | Boka Sun02426161 · Administrative services | <0.1% | 89,958€ | +28.3% | 14,704€ | 16.3% | 6 | 628€ |
| 612 | Modularh03241912 · Professional services | <0.1% | 89,920€ | -18.7% | -20,058€ | -22.3% | 3 | 1,010€ |
| 613 | Zaga&Co03531856 · Personal services | <0.1% | 89,651€ | +18.0% | -26,258€ | -29.3% | 11 | 643€ |
| 614 | MB Proing02444445 · Professional services | <0.1% | 89,543€ | +78.5% | 523€ | 0.6% | 3 | 894€ |
| 615 | Penipred02417081 · Trade | <0.1% | 89,335€ | +25.8% | 7,216€ | 8.1% | 6 | 660€ |
| 616 | Pure Satisfaction03713024 · Construction | <0.1% | 89,262€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 22,564€ | 25.3% | 2 | 597€ |
| 617 | Tourinvest02350190 · Hospitality | <0.1% | 89,258€ | +3.8% | 3,365€ | 3.8% | 3 | 540€ |
| 618 | Tondo02354446 · Hospitality | <0.1% | 89,251€ | +6.7% | 10,366€ | 11.6% | 3 | 1,012€ |
| 619 | Nijagara-0902850630 · Hospitality | <0.1% | 89,003€ | +1.5% | 8,635€ | 9.7% | 3 | 929€ |
| 620 | Luks Elektro03404803 · Construction | <0.1% | 88,527€ | -29.8% | -2,749€ | -3.1% | 1 | 1,462€ |
| 621 | Reklame Svijet02185563 · Arts & entertainment | <0.1% | 88,522€ | -26.8% | -39,207€ | -44.3% | 3 | 483€ |
| 622 | Bbplaza03762181 · Hospitality | <0.1% | 88,103€ | No filing for 2024. | 9,408€ | 10.7% | 1 | 462€ |
| 623 | Kanal03350266 · Trade | <0.1% | 88,098€ | +1.6% | 1,993€ | 2.3% | 3 | 529€ |
| 624 | Bau Group03659658 · Construction | <0.1% | 88,095€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 9,212€ | 10.5% | 1 | 1,751€ |
| 625 | Drvo Ars02400278 · Manufacturing | <0.1% | 88,007€ | -63.2% | -21,080€ | -24.0% | 1 | 499€ |
| 626 | Karmus Nba03396053 · Professional services | <0.1% | 87,741€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 17,947€ | 20.5% | 1 | 4,263€ |
| 627 | Aman Company03293769 · Construction | <0.1% | 87,682€ | +185.2% | 11,814€ | 13.5% | 1 | 1,250€ |
| 628 | Yuancheng02807530 · Trade | <0.1% | 87,460€ | -13.7% | 6,886€ | 7.9% | 4 | 769€ |
| 629 | Go Kart03287084 · Arts & entertainment | <0.1% | 87,363€ | +27.7% | 6,277€ | 7.2% | 2 | 1,120€ |
| 630 | Juventur02341409 · Hospitality | <0.1% | 87,066€ | -59.8% | 26,747€ | 30.7% | 2 | 984€ |
| 631 | Relax Studio03028763 · Personal services | <0.1% | 86,733€ | +38.9% | -507€ | -0.6% | 7 | 788€ |
| 632 | M&M.KOM03110885 · Professional services | <0.1% | 86,080€ | -5.9% | 9,673€ | 11.2% | 2 | 2,265€ |
| 633 | D&S Accounting03162826 · Professional services | <0.1% | 85,792€ | +62.2% | 7,560€ | 8.8% | 1 | 2,432€ |
| 634 | Topi Company02348420 · Construction | <0.1% | 85,564€ | -14.6% | 1,166€ | 1.4% | 3 | 821€ |
| 635 | Adriatic Construction Company02799219 · Construction | <0.1% | 85,355€ | +67,642.1% | 59,070€ | 69.2% | 1 | 518€ |
| 636 | Jahir Pek03724310 · Manufacturing | <0.1% | 84,984€ | No filing for 2024. | 4,710€ | 5.5% | 5 | 662€ |
| 637 | Etage Vista03163482 · Hospitality | <0.1% | 84,766€ | +260.2% | -10,070€ | -11.9% | 4 | 1,063€ |
| 638 | S-Frigo02929457 · Manufacturing | <0.1% | 84,573€ | +23.8% | 9,111€ | 10.8% | 4 | 957€ |
| 639 | Kayama03334929 · Technology | <0.1% | 84,087€ | +215.7% | 52,820€ | 62.8% | 2 | 749€ |
| 640 | City Led03172252 · Professional services | <0.1% | 83,882€ | +111.8% | 1,456€ | 1.7% | 2 | 528€ |
| 641 | Ćale i More03392848 · Trade | <0.1% | 83,765€ | +217.5% | 12,970€ | 15.5% | 1 | 679€ |
| 642 | Vagon03263282 · Hospitality | <0.1% | 82,777€ | -1.0% | -34,570€ | -41.8% | 5 | 419€ |
| 643 | Dzodi03636518 · Hospitality | <0.1% | 82,597€ | +52.5% | -2,270€ | -2.7% | 5 | 622€ |
| 644 | Clear View Consulting02639327 · Professional services | <0.1% | 82,525€ | +2.9% | 15,321€ | 18.6% | 5 | 704€ |
| 645 | Unicom-Iris03559106 · Trade | <0.1% | 81,744€ | -8.8% | -57,297€ | -70.1% | 4 | 697€ |
| 646 | Rech Kabinet03415031 · Technology | <0.1% | 81,734€ | -17.7% | 40,906€ | 50.0% | 2 | 1,242€ |
| 647 | Vasilev Software03435547 · Technology | <0.1% | 81,425€ | +19.8% | 37,210€ | 45.7% | 1 | 2,186€ |
| 648 | DR. Sci Stomatoligije Krsto Kovačević02247658 · Health & social care | <0.1% | 81,349€ | +29.5% | 5,681€ | 7.0% | 4 | 1,088€ |
| 649 | Roots Revival03452395 · Arts & entertainment | <0.1% | 81,252€ | +76.8% | 10,080€ | 12.4% | 2 | 1,404€ |
| 650 | Korać Company03288374 · Trade | <0.1% | 81,103€ | +15.0% | 1,210€ | 1.5% | 2 | 936€ |