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 101–150 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* |
|---|
| 101 | Kapri02453380 · Hospitality | <0.1% | 189,491€ | -18.6% | 32,592€ | 17.2% | 5 | 683€ |
| 102 | Šaraba02108011 · Hospitality | <0.1% | 183,877€ | -1.5% | 3,014€ | 1.6% | 8 | 1,019€ |
| 103 | Vidikovac Njivice03347745 · Hospitality | <0.1% | 179,344€ | -28.7% | 2,431€ | 1.4% | 6 | 536€ |
| 104 | Kairos Company03022056 · Hospitality | <0.1% | 173,419€ | -0.2% | 1,745€ | 1.0% | 7 | 620€ |
| 105 | Matra i Goda03169618 · Hospitality | <0.1% | 171,682€ | -2.6% | 8,200€ | 4.8% | 11 | 587€ |
| 106 | MJ Kodeks03729214 · Hospitality | <0.1% | 170,677€ | No filing for 2024. | 507€ | 0.3% | 12 | 517€ |
| 107 | Porto Bijela03125548 · Hospitality | <0.1% | 169,683€ | -0.5% | -11,687€ | -6.9% | 7 | 555€ |
| 108 | Happy - Food03182959 · Hospitality | <0.1% | 169,596€ | -7.3% | 3,168€ | 1.9% | 5 | 1,068€ |
| 109 | Mustur02127598 · Hospitality | <0.1% | 167,385€ | +9.6% | 14,229€ | 8.5% | 4 | 1,048€ |
| 110 | Novi Biss03355772 · Hospitality | <0.1% | 165,148€ | +29.6% | -1,004€ | -0.6% | 5 | 483€ |
| 111 | Alg-0103432408 · Hospitality | <0.1% | 164,615€ | +357.9% | 14,242€ | 8.7% | 1 | 4,810€ |
| 112 | Mi Kasa02728907 · Hospitality | <0.1% | 164,369€ | +15.7% | 13,291€ | 8.1% | 3 | 857€ |
| 113 | Mandrapa Company03304817 · Hospitality | <0.1% | 164,110€ | -41.9% | -106,698€ | -65.0% | 9 | 610€ |
| 114 | And Lustica03142507 · Hospitality | <0.1% | 162,913€ | -7.6% | 5,617€ | 3.4% | 3 | 1,759€ |
| 115 | Bristol02102498 · Hospitality | <0.1% | 161,547€ | +10.4% | 33,472€ | 20.7% | 6 | 589€ |
| 116 | Xanadu Club03231208 · Hospitality | <0.1% | 159,211€ | +31.6% | -86,013€ | -54.0% | 3 | 675€ |
| 117 | L&L Mne03404676 · Hospitality | <0.1% | 155,835€ | -53.5% | -105,888€ | -67.9% | 2 | 2,046€ |
| 118 | Bull Black02348721 · Hospitality | <0.1% | 153,537€ | +9.8% | 15,197€ | 9.9% | 8 | 701€ |
| 119 | Zicer03197298 · Hospitality | <0.1% | 150,282€ | +28.4% | -16,929€ | -11.3% | 4 | 749€ |
| 120 | Tag Company03609537 · Hospitality | <0.1% | 141,232€ | +21.8% | 19,663€ | 13.9% | 5 | 1,051€ |
| 121 | MB - Lux02928507 · Hospitality | <0.1% | 139,769€ | +22.9% | -7,352€ | -5.3% | 7 | 585€ |
| 122 | Forteca202503735834 · Hospitality | <0.1% | 138,815€ | No filing for 2024. | -946€ | -0.7% | 5 | 1,054€ |
| 123 | Moja Konoba03517365 · Hospitality | <0.1% | 137,846€ | -14.4% | -25,134€ | -18.2% | 3 | 1,032€ |
| 124 | Peran02250462 · Hospitality | <0.1% | 137,768€ | +7.1% | -13,244€ | -9.6% | 6 | 1,077€ |
| 125 | Btwsutorina03639835 · Hospitality | <0.1% | 137,689€ | +495.7% | 4,225€ | 3.1% | 1 | 4,252€ |
| 126 | Biserna Plaža02352150 · Hospitality | <0.1% | 135,258€ | +28.2% | -5,677€ | -4.2% | 6 | 689€ |
| 127 | Vukodo03368211 · Hospitality | <0.1% | 134,983€ | -45.1% | -43,720€ | -32.4% | 3 | 1,750€ |
| 128 | J.L.K.V.03436756 · Hospitality | <0.1% | 133,052€ | +60.4% | 13,863€ | 10.4% | 2 | 1,461€ |
| 129 | M.Vidaković Co03120112 · Hospitality | <0.1% | 132,797€ | +3.9% | 18,079€ | 13.6% | 4 | 839€ |
| 130 | Republic03116450 · Hospitality | <0.1% | 132,152€ | -2.8% | 10,114€ | 7.7% | 3 | 811€ |
| 131 | Marinero Komerc02270951 · Hospitality | <0.1% | 131,050€ | +23.1% | 5,162€ | 3.9% | 3 | 1,064€ |
| 132 | Porto Podi03017249 · Hospitality | <0.1% | 130,868€ | +14.4% | 3,692€ | 2.8% | 5 | 484€ |
| 133 | Boka Di Mare03102033 · Hospitality | <0.1% | 130,520€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 18,361€ | 14.1% | 4 | 781€ |
| 134 | Dupan03246035 · Hospitality | <0.1% | 124,745€ | +74.6% | 14,263€ | 11.4% | 1 | 310€ |
| 135 | Taraca03246159 · Hospitality | <0.1% | 124,442€ | +19.1% | -15,141€ | -12.2% | 3 | 682€ |
| 136 | Medojević02264048 · Hospitality | <0.1% | 123,879€ | -0.7% | 12,048€ | 9.7% | 3 | 1,116€ |
| 137 | Marbor02993724 · Hospitality | <0.1% | 123,140€ | -8.0% | 19,046€ | 15.5% | 3 | 930€ |
| 138 | LTD03036197 · Hospitality | <0.1% | 121,696€ | -13.3% | -44,663€ | -36.7% | 9 | 853€ |
| 139 | Novi Lav03030415 · Hospitality | <0.1% | 115,302€ | +12.5% | 17,943€ | 15.6% | 3 | 957€ |
| 140 | Familija Company03113248 · Hospitality | <0.1% | 114,483€ | -6.0% | -281€ | -0.2% | 4 | 660€ |
| 141 | Rina Solutions03651142 · Hospitality | <0.1% | 113,365€ | +20.4% | -1,297€ | -1.1% | 5 | 666€ |
| 142 | Veprino03196232 · Hospitality | <0.1% | 112,459€ | +15.8% | 13,077€ | 11.6% | 3 | 616€ |
| 143 | Vojvodić Co03037436 · Hospitality | <0.1% | 108,255€ | +40.5% | 37,459€ | 34.6% | 2 | 659€ |
| 144 | Fjaka03524159 · Hospitality | <0.1% | 101,480€ | -15.5% | -13,870€ | -13.7% | 3 | 978€ |
| 145 | MSD Sistem03367240 · Hospitality | <0.1% | 101,347€ | +3.7% | 15,467€ | 15.3% | 3 | 802€ |
| 146 | Ellena Group02292408 · Hospitality | <0.1% | 100,406€ | -13.3% | 3,377€ | 3.4% | 3 | 669€ |
| 147 | Boka BB03747727 · Hospitality | <0.1% | 99,901€ | No filing for 2024. | 2,431€ | 2.4% | 3 | 539€ |
| 148 | La Vie Company03566854 · Hospitality | <0.1% | 99,144€ | +24.1% | 10,442€ | 10.5% | 3 | 1,230€ |
| 149 | Kairos Mne02679400 · Hospitality | <0.1% | 97,248€ | -8.7% | -34,578€ | -35.6% | 5 | 772€ |
| 150 | Ameno03257177 · Hospitality | <0.1% | 97,236€ | +10.1% | 6,615€ | 6.8% | 2 | 779€ |