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 651–700 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* |
|---|
| 651 | Ivantage03637204 · Technology | <0.1% | 81,055€ | +2,456.9% | 1,058€ | 1.3% | 1 | 678€ |
| 652 | Proaktiv03648605 · Trade | <0.1% | 81,020€ | +177.6% | 8,590€ | 10.6% | 2 | 1,375€ |
| 653 | MCF Mne03094111 · Arts & entertainment | <0.1% | 80,740€ | +34.4% | 7,558€ | 9.4% | 1 | 675€ |
| 654 | Digital Media Solutions03426971 · Administrative services | <0.1% | 80,643€ | -33.3% | 10,740€ | 13.3% | 1 | 2,017€ |
| 655 | Vodoinstalater Stanić03068439 · Trade | <0.1% | 80,432€ | +15.9% | 4,114€ | 5.1% | 2 | — |
| 656 | Weddings&Events BY Andreja Vuković03593673 · Administrative services | <0.1% | 80,364€ | +133.3% | 383€ | 0.5% | 2 | 799€ |
| 657 | H2o Unical Lalajoni03772578 · Construction | <0.1% | 78,877€ | No filing for 2024. | -7,235€ | -9.2% | 2 | — |
| 658 | Aromax Montenegro03069940 · Trade | <0.1% | 78,770€ | +618.4% | 62,882€ | 79.8% | 1 | — |
| 659 | Slika Mne03372863 · Professional services | <0.1% | 78,289€ | -16.4% | 200€ | 0.3% | 3 | 1,904€ |
| 660 | Ožegović Family03354695 · Hospitality | <0.1% | 77,995€ | -39.1% | -1,427€ | -1.8% | 5 | 674€ |
| 661 | Polino Sport02857057 · Arts & entertainment | <0.1% | 77,874€ | -24.6% | -28,703€ | -36.9% | 7 | 435€ |
| 662 | Novi Trans Šoškić02280051 · Transport & logistics | <0.1% | 77,696€ | -46.8% | -32,735€ | -42.1% | 1 | 1,396€ |
| 663 | Poki 2703486206 · Hospitality | <0.1% | 77,602€ | +13.6% | -7,872€ | -10.1% | 2 | 670€ |
| 664 | Mićo Gradnja03245357 · Construction | <0.1% | 76,923€ | +23.2% | -14,206€ | -18.5% | 3 | 502€ |
| 665 | GPS Navimport02104512 · Transport & logistics | <0.1% | 76,898€ | -78.4% | -125,387€ | -163.1% | 3 | 526€ |
| 666 | Limov-Radović02786222 · Trade | <0.1% | 76,842€ | -51.3% | 18,758€ | 24.4% | 4 | 658€ |
| 667 | Serenity Tech03374416 · Technology | <0.1% | 76,771€ | +20.8% | 51,308€ | 66.8% | 1 | 675€ |
| 668 | K.A. Branka02863278 · Professional services | <0.1% | 76,680€ | +19.1% | 506€ | 0.7% | 4 | 1,138€ |
| 669 | Premium Food Consulting 6503437809 · Trade | <0.1% | 75,671€ | +57.3% | 17,709€ | 23.4% | 1 | 4,553€ |
| 670 | Vamos HN03056180 · Trade | <0.1% | 75,457€ | -2.8% | 628€ | 0.8% | 2 | 677€ |
| 671 | Limbra02440008 · Manufacturing | <0.1% | 75,247€ | +25.2% | 12,416€ | 16.5% | 2 | 670€ |
| 672 | Šušić02859785 · Health & social care | <0.1% | 75,200€ | +10.4% | 2,794€ | 3.7% | 5 | 701€ |
| 673 | Boka Engineering Group03547442 · Professional services | <0.1% | 75,062€ | -29.2% | -3,817€ | -5.1% | 2 | 801€ |
| 674 | Axioma 803458695 · Professional services | <0.1% | 74,472€ | +49.6% | 5,995€ | 8.1% | 1 | 1,195€ |
| 675 | GT 203385051 · Construction | <0.1% | 74,435€ | -95.9% | -16,224€ | -21.8% | 2 | 373€ |
| 676 | Elips02050790 · Construction | <0.1% | 74,305€ | -20.2% | -22,310€ | -30.0% | 3 | 1,001€ |
| 677 | Alfa Sound02833115 · Trade | <0.1% | 74,236€ | +3.1% | 6,374€ | 8.6% | 3 | 796€ |
| 678 | Glotec02716259 · Trade | <0.1% | 74,178€ | +18.0% | -34,915€ | -47.1% | 5 | 813€ |
| 679 | Montemar03217337 · Hospitality | <0.1% | 74,104€ | +249.1% | -11,530€ | -15.6% | 2 | — |
| 680 | V.U.M Yacht Services03714896 · Manufacturing | <0.1% | 73,784€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 3,573€ | 4.8% | 1 | 1,081€ |
| 681 | Ratatui03438252 · Hospitality | <0.1% | 73,719€ | +54.8% | -14,245€ | -19.3% | 3 | 615€ |
| 682 | Ascension03560287 · Hospitality | <0.1% | 73,704€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 35,563€ | 48.3% | 2 | 711€ |
| 683 | Adam & Eva03647609 · Hospitality | <0.1% | 73,467€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -45,944€ | -62.5% | 5 | 596€ |
| 684 | Yu-Gigo02353946 · Trade | <0.1% | 73,444€ | +19.7% | -10,619€ | -14.5% | 2 | 733€ |
| 685 | Tabernakl02865483 · Arts & entertainment | <0.1% | 73,240€ | -2.1% | 10,583€ | 14.4% | 1 | 969€ |
| 686 | D202448661 · Trade | <0.1% | 73,150€ | +136.7% | 22,443€ | 30.7% | 2 | 654€ |
| 687 | Auto Kuća Đurović03274934 · Trade | <0.1% | 73,044€ | +51.6% | 1,369€ | 1.9% | 1 | 675€ |
| 688 | Rsa03072266 · Professional services | <0.1% | 72,649€ | +210.2% | 207€ | 0.3% | 4 | 999€ |
| 689 | Lux - Brand Company03646530 · Trade | <0.1% | 72,552€ | +7,820.5% | 6,292€ | 8.7% | 3 | 978€ |
| 690 | Baker King03668827 · Manufacturing | <0.1% | 72,505€ | +18.8% | -9,738€ | -13.4% | 6 | 493€ |
| 691 | Malo Selo03204235 · Hospitality | <0.1% | 72,016€ | -32.8% | -34,826€ | -48.4% | 3 | 967€ |
| 692 | Hnew Oklahome03495353 · Professional services | <0.1% | 71,332€ | -55.4% | 1,814€ | 2.5% | 2 | 1,654€ |
| 693 | Lazarev Kuk-Miajlović02050382 · Personal services | <0.1% | 71,327€ | -1.8% | -5,278€ | -7.4% | 4 | 694€ |
| 694 | Fordewind Nik03577384 · Hospitality | <0.1% | 70,854€ | +971.6% | 14,456€ | 20.4% | 2 | 616€ |
| 695 | Seraphilus Marine Montenegro03041522 · Trade | <0.1% | 70,631€ | +208.5% | -4,779€ | -6.8% | 2 | 677€ |
| 696 | Status-VNP03266389 · Administrative services | <0.1% | 70,534€ | -50.7% | -31,123€ | -44.1% | 4 | 883€ |
| 697 | Portidjena Vista03643999 · Hospitality | <0.1% | 70,507€ | +65.2% | 6,621€ | 9.4% | 3 | 501€ |
| 698 | Pretorian03396959 · Hospitality | <0.1% | 70,069€ | -4.3% | 895€ | 1.3% | 5 | 412€ |
| 699 | Vukotić02263360 · Health & social care | <0.1% | 69,368€ | +38.2% | -2,906€ | -4.2% | 6 | 822€ |
| 700 | Biro za Urbanizam i Projektovanje Herceg Novi02617412 · Professional services | <0.1% | 69,098€ | -30.2% | -15,280€ | -22.1% | 2 | 2,422€ |