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 51–100 of 347
* 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* |
|---|
| 51 | Mne Radex03064417 · Hospitality | <0.1% | 354,045€ | +9.7% | -590€ | -0.2% | 11 | 942€ |
| 52 | Lanmico03121526 · Hospitality | <0.1% | 348,011€ | +4.3% | 40,407€ | 11.6% | 3 | 4,378€ |
| 53 | V i B02047217 · Hospitality | <0.1% | 338,042€ | +42.0% | 17,555€ | 5.2% | 8 | 951€ |
| 54 | Bulut DM & Co02332035 · Hospitality | <0.1% | 337,813€ | +2.8% | 13,423€ | 4.0% | 9 | 900€ |
| 55 | Coffee Nova03493261 · Hospitality | <0.1% | 332,110€ | +49.1% | -869€ | -0.3% | 13 | 1,056€ |
| 56 | Nota02071878 · Hospitality | <0.1% | 327,264€ | -5.6% | -22,231€ | -6.8% | 8 | 1,539€ |
| 57 | Progresso02665557 · Hospitality | <0.1% | 326,025€ | +5.6% | -20,955€ | -6.4% | 9 | 769€ |
| 58 | Menjo Goj Goj03234720 · Hospitality | <0.1% | 325,465€ | +20.2% | -15,639€ | -4.8% | 12 | 909€ |
| 59 | Kastel Igalo03402762 · Hospitality | <0.1% | 325,015€ | +8.4% | 25,869€ | 8.0% | 5 | 2,366€ |
| 60 | Bubiša03361055 · Hospitality | <0.1% | 296,313€ | -8.4% | -26,099€ | -8.8% | 16 | 466€ |
| 61 | AN&CO Company03305309 · Hospitality | <0.1% | 293,061€ | +117.4% | 14,921€ | 5.1% | 2 | 740€ |
| 62 | Sweet BO&MI03259072 · Hospitality | <0.1% | 290,076€ | +11.7% | 3,699€ | 1.3% | 10 | 735€ |
| 63 | Bellezza Resort03406121 · Hospitality | <0.1% | 286,927€ | +0.2% | 21,843€ | 7.6% | 8 | 559€ |
| 64 | Admiral02075440 · Hospitality | <0.1% | 279,531€ | +5.1% | 2,153€ | 0.8% | 12 | 914€ |
| 65 | Mondo Ivović02768399 · Hospitality | <0.1% | 277,940€ | -0.5% | 25,953€ | 9.3% | 3 | 1,619€ |
| 66 | Porto Adriatic03039480 · Hospitality | <0.1% | 258,228€ | +9.8% | 7,759€ | 3.0% | 5 | 1,073€ |
| 67 | Mezzaluna02427389 · Hospitality | <0.1% | 255,408€ | -11.8% | 6,482€ | 2.5% | 3 | 2,128€ |
| 68 | Monteram03475344 · Hospitality | <0.1% | 255,063€ | +28.1% | 7,805€ | 3.1% | 8 | 855€ |
| 69 | Saturnus02301814 · Hospitality | <0.1% | 253,866€ | -12.0% | -29,445€ | -11.6% | 11 | 618€ |
| 70 | Krsto02413329 · Hospitality | <0.1% | 253,770€ | +17.5% | 11,090€ | 4.4% | 7 | 979€ |
| 71 | Anderba B&V02732297 · Hospitality | <0.1% | 252,731€ | +22.3% | 27,359€ | 10.8% | 5 | 1,121€ |
| 72 | Vrgola03187756 · Hospitality | <0.1% | 250,645€ | +37.4% | -7,187€ | -2.9% | 10 | 1,198€ |
| 73 | M 2203488888 · Hospitality | <0.1% | 248,260€ | +9.0% | 681€ | 0.3% | 10 | 897€ |
| 74 | Nikoss Perišić02698803 · Hospitality | <0.1% | 247,817€ | +13.0% | 34,883€ | 14.1% | 5 | 822€ |
| 75 | Pic-Nic02920620 · Hospitality | <0.1% | 241,891€ | -3.8% | -15,223€ | -6.3% | 15 | 683€ |
| 76 | Stamina03001482 · Hospitality | <0.1% | 238,256€ | -1.6% | 7,985€ | 3.4% | 3 | 1,364€ |
| 77 | Matijašević Copas02316196 · Hospitality | <0.1% | 237,138€ | -10.0% | 14,167€ | 6.0% | 8 | 828€ |
| 78 | Turist Nova02777401 · Hospitality | <0.1% | 235,983€ | -2.8% | 7,089€ | 3.0% | 5 | 1,577€ |
| 79 | Bird MK02879905 · Hospitality | <0.1% | 235,391€ | +30.6% | 18,232€ | 7.7% | 2 | 2,755€ |
| 80 | MN Kymo03409368 · Hospitality | <0.1% | 230,560€ | +49.1% | 28,286€ | 12.3% | 5 | 842€ |
| 81 | B 1002948753 · Hospitality | <0.1% | 230,413€ | +5.5% | 43,399€ | 18.8% | 4 | 1,622€ |
| 82 | Dabižinović02249006 · Hospitality | <0.1% | 229,709€ | -6.0% | 4,280€ | 1.9% | 8 | 1,000€ |
| 83 | Boka Bay Properties02420341 · Hospitality | <0.1% | 228,490€ | +55.8% | 41,105€ | 18.0% | 6 | 704€ |
| 84 | Boccalupo03435571 · Hospitality | <0.1% | 228,449€ | +21.5% | 34,604€ | 15.1% | 9 | 597€ |
| 85 | Koneva02995158 · Hospitality | <0.1% | 223,211€ | +7.4% | 982€ | 0.4% | 5 | 1,179€ |
| 86 | Gušti03224678 · Hospitality | <0.1% | 222,363€ | -25.9% | 6,861€ | 3.1% | 10 | 822€ |
| 87 | S-Vuksanovići02078686 · Hospitality | <0.1% | 221,790€ | -1.4% | 15,574€ | 7.0% | 3 | 724€ |
| 88 | Luma02398559 · Hospitality | <0.1% | 218,359€ | +36.1% | 19,957€ | 9.1% | 6 | 1,005€ |
| 89 | VMBM03022749 · Hospitality | <0.1% | 217,495€ | -1.3% | -29,798€ | -13.7% | 5 | 1,103€ |
| 90 | Nemix Company03438180 · Hospitality | <0.1% | 212,892€ | -15.3% | 22,298€ | 10.5% | 7 | 691€ |
| 91 | Boklip03307212 · Hospitality | <0.1% | 212,594€ | +8.6% | 19,153€ | 9.0% | 9 | 682€ |
| 92 | V M V03092682 · Hospitality | <0.1% | 211,113€ | +55.0% | 10,315€ | 4.9% | 3 | 1,416€ |
| 93 | Leut02212951 · Hospitality | <0.1% | 210,803€ | +47.7% | 71,835€ | 34.1% | 4 | 721€ |
| 94 | Amaro02443236 · Hospitality | <0.1% | 210,233€ | -2.0% | 37,161€ | 17.7% | 7 | 718€ |
| 95 | Vanja BLT03419819 · Hospitality | <0.1% | 203,108€ | -11.1% | -11,514€ | -5.7% | 6 | 757€ |
| 96 | Joy HN03650871 · Hospitality | <0.1% | 202,787€ | +207.7% | 61,046€ | 30.1% | 4 | 572€ |
| 97 | Bellavista Company03193489 · Hospitality | <0.1% | 201,796€ | +2,851.1% | 4,220€ | 2.1% | 11 | 545€ |
| 98 | Apetit 2203417891 · Hospitality | <0.1% | 200,975€ | +32.4% | -809€ | -0.4% | 6 | 934€ |
| 99 | M-Salatić02133326 · Hospitality | <0.1% | 196,259€ | -16.7% | 1,846€ | 0.9% | 9 | 643€ |
| 100 | Nevenmont02447177 · Hospitality | <0.1% | 190,616€ | +11.5% | 860€ | 0.5% | 4 | 635€ |