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 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* |
|---|
| 201 | Montens02414767 · Trade | <0.1% | 404,375€ | -8.8% | -2,641€ | -0.7% | 1 | 2,582€ |
| 202 | Radulović Company02268868 · Trade | <0.1% | 402,045€ | +27.1% | 66,645€ | 16.6% | 8 | 1,565€ |
| 203 | Cornetto03534758 · Hospitality | <0.1% | 400,156€ | +21.7% | 101,572€ | 25.4% | 11 | 633€ |
| 204 | DM303361594 · Hospitality | <0.1% | 397,792€ | +76.2% | 20,755€ | 5.2% | 16 | 850€ |
| 205 | Petar Boats03256669 · Administrative services | <0.1% | 391,159€ | +24.3% | 10,848€ | 2.8% | 6 | 788€ |
| 206 | Wolfmoon03666590 · Hospitality | <0.1% | 390,431€ | +169.7% | -10,869€ | -2.8% | 8 | 921€ |
| 207 | Agencija za Izgradnju i Razvoj Herceg Novoga02620316 · Professional services | <0.1% | 388,199€ | -6.7% | -9,207€ | -2.4% | 22 | 1,329€ |
| 208 | Sofka 1103331555 · Hospitality | <0.1% | 388,048€ | +15.4% | -1,318€ | -0.3% | 15 | 651€ |
| 209 | Mišeluk03560449 · Hospitality | <0.1% | 387,444€ | +35.7% | 71,942€ | 18.6% | 9 | 931€ |
| 210 | Branko Dex02948745 · Manufacturing | <0.1% | 387,373€ | -24.1% | 112,174€ | 29.0% | 8 | 708€ |
| 211 | Plan D Vision03353648 · Construction | <0.1% | 386,422€ | +303.6% | 231€ | 0.1% | 4 | 671€ |
| 212 | Spectar Commerce - Trend03354865 · Trade | <0.1% | 383,577€ | -62.3% | -29,324€ | -7.6% | 3 | 1,928€ |
| 213 | Forma S03252710 · Trade | <0.1% | 382,883€ | +99.8% | 33,396€ | 8.7% | 4 | 1,097€ |
| 214 | Nofuss03156435 · Technology | <0.1% | 381,781€ | -21.8% | 60,529€ | 15.9% | 2 | 3,519€ |
| 215 | Dalton02234947 · Trade | <0.1% | 380,002€ | -16.3% | 1,536€ | 0.4% | 4 | 917€ |
| 216 | Alus02715317 · Manufacturing | <0.1% | 376,446€ | -7.7% | 1,456€ | 0.4% | 11 | 587€ |
| 217 | Remontni Centar HN03396622 · Real estate | <0.1% | 376,337€ | -8.6% | 175,204€ | 46.6% | 5 | 901€ |
| 218 | Riči02767473 · Hospitality | <0.1% | 375,900€ | +4.3% | -39,701€ | -10.6% | 12 | 998€ |
| 219 | Repforn Lda02830884 · Manufacturing | <0.1% | 375,030€ | +4.3% | 60,337€ | 16.1% | 8 | 1,191€ |
| 220 | Šareni Kiosk02672103 · Trade | <0.1% | 373,690€ | +74.0% | -17,709€ | -4.7% | 5 | 773€ |
| 221 | G.P. Aledra02349361 · Construction | <0.1% | 367,857€ | -13.7% | -26,541€ | -7.2% | 18 | 636€ |
| 222 | Royal Pharm02399059 · Trade | <0.1% | 367,811€ | +0.8% | 1,300€ | 0.4% | 3 | 1,463€ |
| 223 | Sofija-K03048411 · Hospitality | <0.1% | 365,069€ | +22.8% | -287,370€ | -78.7% | 17 | 431€ |
| 224 | Fil Co02917017 · Finance & insurance | <0.1% | 363,616€ | -13.8% | -25,248€ | -6.9% | 6 | 932€ |
| 225 | Animalis Imperium03084655 · Trade | <0.1% | 363,354€ | +54.0% | 41,896€ | 11.5% | 7 | 722€ |
| 226 | Aricom02752549 · Trade | <0.1% | 360,888€ | +82.3% | 27,787€ | 7.7% | 25 | 842€ |
| 227 | Blue Mont03075834 · Manufacturing | <0.1% | 360,085€ | +189.1% | 15,927€ | 4.4% | 15 | 958€ |
| 228 | Žalo02796163 · Hospitality | <0.1% | 360,036€ | +6.5% | 37,165€ | 10.3% | 11 | 913€ |
| 229 | Sim-Radović02339706 · Trade | <0.1% | 357,665€ | +40.3% | 5,417€ | 1.5% | 2 | 775€ |
| 230 | Mne Radex03064417 · Hospitality | <0.1% | 354,045€ | +9.7% | -590€ | -0.2% | 11 | 942€ |
| 231 | Stay Play03306704 · Arts & entertainment | <0.1% | 353,435€ | +64.3% | 45,212€ | 12.8% | 10 | 731€ |
| 232 | Lanmico03121526 · Hospitality | <0.1% | 348,011€ | +4.3% | 40,407€ | 11.6% | 3 | 4,378€ |
| 233 | Astratek03450708 · Professional services | <0.1% | 346,704€ | +49.3% | 279,493€ | 80.6% | 1 | 1,880€ |
| 234 | Marina Zelenika02381958 · Manufacturing | <0.1% | 341,782€ | -34.5% | 19,137€ | 5.6% | 11 | 753€ |
| 235 | Krivokapić Turs02280710 · Transport & logistics | <0.1% | 340,686€ | +1.2% | 69,708€ | 20.5% | 5 | 666€ |
| 236 | V i B02047217 · Hospitality | <0.1% | 338,042€ | +42.0% | 17,555€ | 5.2% | 8 | 951€ |
| 237 | Bulut DM & Co02332035 · Hospitality | <0.1% | 337,813€ | +2.8% | 13,423€ | 4.0% | 9 | 900€ |
| 238 | Kosać02283468 · Trade | <0.1% | 335,087€ | -2.4% | 9,643€ | 2.9% | 3 | 962€ |
| 239 | KMN Servis03145557 · Manufacturing | <0.1% | 333,528€ | +30.9% | 17,042€ | 5.1% | 4 | 1,556€ |
| 240 | Coffee Nova03493261 · Hospitality | <0.1% | 332,110€ | +49.1% | -869€ | -0.3% | 13 | 1,056€ |
| 241 | Danpe Commerce02107155 · Construction | <0.1% | 331,774€ | -45.1% | 3,015€ | 0.9% | 8 | 1,186€ |
| 242 | Perfetto Pak03345084 · Trade | <0.1% | 328,720€ | +4.3% | 22,576€ | 6.9% | 2 | 1,196€ |
| 243 | Nota02071878 · Hospitality | <0.1% | 327,264€ | -5.6% | -22,231€ | -6.8% | 8 | 1,539€ |
| 244 | Progresso02665557 · Hospitality | <0.1% | 326,025€ | +5.6% | -20,955€ | -6.4% | 9 | 769€ |
| 245 | Menjo Goj Goj03234720 · Hospitality | <0.1% | 325,465€ | +20.2% | -15,639€ | -4.8% | 12 | 909€ |
| 246 | Kastel Igalo03402762 · Hospitality | <0.1% | 325,015€ | +8.4% | 25,869€ | 8.0% | 5 | 2,366€ |
| 247 | Javna Ustanova Gradska Biblioteka i Čitaonica Herceg Novi02023113 · Arts & entertainment | <0.1% | 322,412€ | No filing for 2024. | 0€ | 0.0% | 10 | 1,522€ |
| 248 | Termiko02161923 · Trade | <0.1% | 321,969€ | +11.9% | 14,403€ | 4.5% | 3 | 990€ |
| 249 | GP Yachts Adriatic03657175 · Trade | <0.1% | 321,738€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 34,234€ | 10.6% | 1 | 1,015€ |
| 250 | Monument Real Estate03577538 · Construction | <0.1% | 318,188€ | -37.2% | 90,205€ | 28.3% | 1 | 6,690€ |