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 201–250 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* |
|---|
| 201 | Đurović S.S.S.03231739 · Hospitality | <0.1% | 45,900€ | +24.9% | 637€ | 1.4% | 3 | 528€ |
| 202 | Musić Co02276895 · Hospitality | <0.1% | 45,172€ | +13.4% | 253€ | 0.6% | 3 | 678€ |
| 203 | Mandić Ipon 103342140 · Hospitality | <0.1% | 42,768€ | +2,976.8% | 1,734€ | 4.1% | 2 | 375€ |
| 204 | Mandić Ipon02272784 · Hospitality | <0.1% | 42,768€ | -6.1% | 1,734€ | 4.1% | 2 | 375€ |
| 205 | Club Di03014207 · Hospitality | <0.1% | 41,841€ | +42.4% | 8,742€ | 20.9% | 2 | 675€ |
| 206 | Barikton02113660 · Hospitality | <0.1% | 41,425€ | +26.8% | -1,416€ | -3.4% | 2 | 675€ |
| 207 | Pejović Company02157179 · Hospitality | <0.1% | 40,589€ | +28.0% | -14,492€ | -35.7% | 3 | 628€ |
| 208 | Marina HN03467732 · Hospitality | <0.1% | 39,568€ | +0.7% | -5,889€ | -14.9% | 3 | 634€ |
| 209 | Komol Komerc-Lekić02385953 · Hospitality | <0.1% | 36,987€ | -19.6% | -20,456€ | -55.3% | 3 | 669€ |
| 210 | Solletico Ink03776751 · Hospitality | <0.1% | 35,593€ | No filing for 2024. | 1,811€ | 5.1% | 1 | — |
| 211 | Mali Dalas03106829 · Hospitality | <0.1% | 35,410€ | +14.7% | -17,401€ | -49.1% | 2 | 848€ |
| 212 | Casa Hotels Management03692230 · Hospitality | <0.1% | 35,357€ | -41.1% | 13,069€ | 37.0% | 2 | 549€ |
| 213 | El Barco03745503 · Hospitality | <0.1% | 33,792€ | No filing for 2024. | -20,541€ | -60.8% | 2 | 673€ |
| 214 | L'adovina03255905 · Hospitality | <0.1% | 33,605€ | +6.9% | 100€ | 0.3% | 1 | 747€ |
| 215 | Resh03281086 · Hospitality | <0.1% | 33,253€ | -30.6% | -5,433€ | -16.3% | 2 | 614€ |
| 216 | Pop02717174 · Hospitality | <0.1% | 32,660€ | -10.9% | -14,914€ | -45.7% | 2 | 561€ |
| 217 | Šćepi Invest03773299 · Hospitality | <0.1% | 30,144€ | No filing for 2024. | 4,779€ | 15.9% | 2 | — |
| 218 | Morena Beach03768473 · Hospitality | <0.1% | 29,242€ | No filing for 2024. | 335€ | 1.1% | 2 | 694€ |
| 219 | MR Bin03421759 · Hospitality | <0.1% | 28,720€ | -11.0% | -26,231€ | -91.3% | 2 | 411€ |
| 220 | Lolita Company03521575 · Hospitality | <0.1% | 28,623€ | -33.5% | -34,136€ | -119.3% | 4 | 498€ |
| 221 | Optymal Choice03514820 · Hospitality | <0.1% | 28,540€ | +190.2% | 15,807€ | 55.4% | 1 | 864€ |
| 222 | Tramonto03125688 · Hospitality | <0.1% | 28,298€ | +31.0% | 305€ | 1.1% | 2 | 531€ |
| 223 | Ukropina03684016 · Hospitality | <0.1% | 27,282€ | +67.2% | -9,253€ | -33.9% | 2 | 734€ |
| 224 | Deretić & Co03075524 · Hospitality | <0.1% | 27,144€ | -21.6% | 871€ | 3.2% | 3 | 542€ |
| 225 | Polux02309912 · Hospitality | <0.1% | 26,879€ | +42.0% | -4,796€ | -17.8% | 2 | 831€ |
| 226 | Subić Family03046010 · Hospitality | <0.1% | 26,587€ | -45.9% | 2,331€ | 8.8% | 2 | 397€ |
| 227 | Rakonjac Company03405338 · Hospitality | <0.1% | 25,802€ | -7.1% | -6,077€ | -23.6% | 3 | 500€ |
| 228 | 4 Palme03440117 · Hospitality | <0.1% | 25,180€ | -61.2% | -14,802€ | -58.8% | 1 | 633€ |
| 229 | Lider Vukadinović02724626 · Hospitality | <0.1% | 25,002€ | +22.0% | 6,272€ | 25.1% | 3 | — |
| 230 | Karudiann03781470 · Hospitality | <0.1% | 23,602€ | No filing for 2024. | -4,464€ | -18.9% | 4 | — |
| 231 | Dragon02439085 · Hospitality | <0.1% | 23,400€ | +23.6% | 3,633€ | 15.5% | 2 | 416€ |
| 232 | Herc - Ognjište02352036 · Hospitality | <0.1% | 23,211€ | +39.1% | -2,699€ | -11.6% | 2 | 575€ |
| 233 | Tomanović Family Trade02405547 · Hospitality | <0.1% | 23,168€ | +2.3% | -19,486€ | -84.1% | 2 | 1,102€ |
| 234 | Lakićević-Trade02107937 · Hospitality | <0.1% | 22,783€ | +38.0% | 2,804€ | 12.3% | 2 | 438€ |
| 235 | Boni Company03192598 · Hospitality | <0.1% | 21,086€ | -22.4% | -10,105€ | -47.9% | 2 | 653€ |
| 236 | Đovana Company03755088 · Hospitality | <0.1% | 19,717€ | No filing for 2024. | 341€ | 1.7% | 1 | 344€ |
| 237 | Biene Maja03736318 · Hospitality | <0.1% | 19,096€ | No filing for 2024. | -8,846€ | -46.3% | 1 | 548€ |
| 238 | T-Caffe Bar & Restaurants03090060 · Hospitality | <0.1% | 19,002€ | -23.8% | -25,645€ | -135.0% | 3 | 665€ |
| 239 | Ais03425703 · Hospitality | <0.1% | 17,705€ | +30.8% | 222€ | 1.3% | 1 | 874€ |
| 240 | Orange Properties03368793 · Hospitality | <0.1% | 17,000€ | -14.3% | 1,522€ | 9.0% | 1 | 675€ |
| 241 | Fairy Tail03233626 · Hospitality | <0.1% | 16,453€ | +301.3% | -7,961€ | -48.4% | 2 | 537€ |
| 242 | Quality Fine03345106 · Hospitality | <0.1% | 14,645€ | +29.6% | 1,287€ | 8.8% | 1 | — |
| 243 | Dal02776600 · Hospitality | <0.1% | 14,613€ | -60.3% | -13,891€ | -95.1% | 3 | 537€ |
| 244 | Wiener03300994 · Hospitality | <0.1% | 14,594€ | +30.5% | -8,942€ | -61.3% | 1 | 919€ |
| 245 | Sinealva02267217 · Hospitality | <0.1% | 14,427€ | +3.8% | -8,625€ | -59.8% | 2 | 429€ |
| 246 | Skipper Bay03634345 · Hospitality | <0.1% | 13,586€ | +341.1% | 723€ | 5.3% | 1 | 708€ |
| 247 | Konoba Kod Tunje03605159 · Hospitality | <0.1% | 12,742€ | +153.9% | -2,246€ | -17.6% | 1 | 998€ |
| 248 | Flatberry03498468 · Hospitality | <0.1% | 12,738€ | +78.9% | 856€ | 6.7% | 1 | 929€ |
| 249 | Vukovići03654460 · Hospitality | <0.1% | 12,507€ | +123.8% | -12,054€ | -96.4% | 2 | 579€ |
| 250 | Time Out Company03642372 · Hospitality | <0.1% | 12,298€ | -42.9% | -21,709€ | -176.5% | 2 | — |