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 151–200 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* |
|---|
| 151 | Sol La Si03407705 · Construction | <0.1% | 545,575€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 43,182€ | 7.9% | 11 | 1,066€ |
| 152 | Mirišta02979519 · Hospitality | <0.1% | 538,798€ | -10.2% | 147,838€ | 27.4% | 7 | 1,315€ |
| 153 | Gea Invest02684616 · Construction | <0.1% | 537,422€ | +4,530.2% | 245,759€ | 45.7% | 4 | 547€ |
| 154 | Migrans02345501 · Construction | <0.1% | 535,584€ | +12.3% | 3,275€ | 0.6% | 6 | 659€ |
| 155 | Isd02844273 · Hospitality | <0.1% | 530,306€ | +5.9% | -6,642€ | -1.3% | 16 | 575€ |
| 156 | Magna Invest03497852 · Construction | <0.1% | 528,202€ | -12.3% | -7,123€ | -1.3% | 1 | 1,013€ |
| 157 | Čolić - Company02274574 · Construction | <0.1% | 527,533€ | -24.9% | 221,484€ | 42.0% | 5 | 909€ |
| 158 | Extra Plann Božović02312808 · Hospitality | <0.1% | 522,954€ | +19.7% | 4,438€ | 0.8% | 8 | 995€ |
| 159 | Ruler03298248 · Construction | <0.1% | 522,894€ | +105.3% | 40,732€ | 7.8% | 15 | 826€ |
| 160 | Casa03041395 · Hospitality | <0.1% | 519,255€ | +9.7% | 81,731€ | 15.7% | 6 | 1,132€ |
| 161 | Karbomont02622670 · Professional services | <0.1% | 517,136€ | +110.6% | 7,418€ | 1.4% | 5 | 754€ |
| 162 | Real Estate Development03678857 · Real estate | <0.1% | 513,957€ | -36.8% | -2,849,783€ | Margin not shown: the profit cannot be reconciled with revenue and payroll (likely a revaluation or a misread filing). | 1 | — |
| 163 | DSR Consulting03178552 · Professional services | <0.1% | 513,548€ | +104.8% | 168,384€ | 32.8% | 2 | 6,041€ |
| 164 | Novacom03120791 · Professional services | <0.1% | 512,410€ | +52.4% | 20,920€ | 4.1% | 19 | 750€ |
| 165 | Mare Nostrum02231603 · Hospitality | <0.1% | 511,899€ | +2.1% | 93,814€ | 18.3% | 3 | 6,039€ |
| 166 | Be Nice Games03326438 · Technology | <0.1% | 511,245€ | +87.1% | 38,446€ | 7.5% | 3 | 1,088€ |
| 167 | W-Concierge03699579 · Administrative services | <0.1% | 507,850€ | +2,091.8% | 1,082€ | 0.2% | 1 | 468€ |
| 168 | Banjo Trade02786931 · Personal services | <0.1% | 501,837€ | +42.0% | 8,186€ | 1.6% | 3 | 1,537€ |
| 169 | Lobelia02151901 · Hospitality | <0.1% | 499,786€ | +8.4% | 12,944€ | 2.6% | 4 | 4,149€ |
| 170 | Marić Company02354870 · Hospitality | <0.1% | 494,992€ | -6.8% | 40,214€ | 8.1% | 7 | 1,444€ |
| 171 | Lungomare 03103447235 · Trade | <0.1% | 488,924€ | +14.8% | 7,910€ | 1.6% | 7 | 721€ |
| 172 | People's Company02380439 · Hospitality | <0.1% | 488,371€ | -6.9% | 8,041€ | 1.6% | 8 | 479€ |
| 173 | Orlando-M Company03616096 · Trade | <0.1% | 488,242€ | +178.4% | 87,769€ | 18.0% | 3 | 1,009€ |
| 174 | Bemix02829517 · Construction | <0.1% | 482,466€ | -4.6% | 16,805€ | 3.5% | 11 | 1,511€ |
| 175 | Jedinica Damjanović02662841 · Hospitality | <0.1% | 469,313€ | +13.9% | 20,710€ | 4.4% | 8 | 705€ |
| 176 | Očs Kuburić Ii03044980 · Trade | <0.1% | 462,526€ | +17.1% | 41,923€ | 9.1% | 9 | 1,135€ |
| 177 | Novi Bife Beograd03229831 · Hospitality | <0.1% | 462,203€ | -9.0% | -20,970€ | -4.5% | 16 | 690€ |
| 178 | Egeja Novi03595510 · Construction | <0.1% | 461,145€ | +3,050.3% | -29,715€ | -6.4% | 1 | 929€ |
| 179 | Simović-R03478793 · Construction | <0.1% | 458,728€ | +361.9% | 137,894€ | 30.1% | 10 | 1,013€ |
| 180 | Ozon02408872 · Trade | <0.1% | 454,607€ | +25.4% | 44,936€ | 9.9% | 9 | 1,126€ |
| 181 | Gradski Muzej Mirko Komnenović i Galerija Josip Bepo Benković02007797 · Arts & entertainment | <0.1% | 452,601€ | +11.1% | 12,796€ | 2.8% | 24 | 1,286€ |
| 182 | Mivia03173194 · Hospitality | <0.1% | 450,448€ | +11.9% | 27,320€ | 6.1% | 10 | 1,350€ |
| 183 | Kenova Igalo03661296 · Hospitality | <0.1% | 449,372€ | +79.7% | 65,978€ | 14.7% | 11 | 1,257€ |
| 184 | Balsa Group03306500 · Transport & logistics | <0.1% | 444,787€ | -15.2% | -2,786€ | -0.6% | 6 | 4,879€ |
| 185 | Montin03051633 · Hospitality | <0.1% | 443,064€ | +92.2% | 45,793€ | 10.3% | 3 | 2,347€ |
| 186 | Paradise Food03162966 · Manufacturing | <0.1% | 441,037€ | -6.7% | -18,033€ | -4.1% | 39 | 449€ |
| 187 | Adriadome02777649 · Construction | <0.1% | 440,953€ | +3,465.3% | -10,105€ | -2.3% | 1 | 1,316€ |
| 188 | Tezaurus Novi03156699 · Construction | <0.1% | 437,204€ | +5,418.2% | 135,445€ | 31.0% | 2 | 477€ |
| 189 | Aurora DMD03400743 · Hospitality | <0.1% | 433,914€ | +41.0% | 27,495€ | 6.3% | 11 | 1,198€ |
| 190 | Marincolor02347024 · Trade | <0.1% | 433,318€ | +7.9% | 21,312€ | 4.9% | 3 | 1,308€ |
| 191 | Lucky Company Vuković03177653 · Trade | <0.1% | 428,704€ | +8.9% | 18,115€ | 4.2% | 3 | 452€ |
| 192 | Stamena02992876 · Administrative services | <0.1% | 423,467€ | +17.8% | 4,006€ | 0.9% | 7 | 562€ |
| 193 | Trgoflora03423042 · Trade | <0.1% | 423,364€ | +84.9% | 155,116€ | 36.6% | 5 | 1,059€ |
| 194 | Fakultet za Menadžment02741440 · Education | <0.1% | 420,938€ | -2.9% | 19,422€ | 4.6% | 8 | 3,064€ |
| 195 | Adriamar02323036 · Transport & logistics | <0.1% | 417,021€ | +35.7% | 21,216€ | 5.1% | 1 | 525€ |
| 196 | Mira-Jova02457466 · Trade | <0.1% | 416,429€ | -8.3% | 21,936€ | 5.3% | 6 | 760€ |
| 197 | Vipex02190516 · Trade | <0.1% | 411,433€ | -31.5% | -95,106€ | -23.1% | 23 | 936€ |
| 198 | Koves Plus03095690 · Trade | <0.1% | 409,155€ | +14.0% | 10,395€ | 2.5% | 5 | 675€ |
| 199 | Sagitta02406217 · Personal services | <0.1% | 408,749€ | +14.2% | 99,135€ | 24.3% | 3 | 1,208€ |
| 200 | Novi Travel02840251 · Administrative services | <0.1% | 407,144€ | +19.3% | 52,735€ | 13.0% | 4 | 952€ |