Revenue
4.1% of Montenegro's revenue
2,026 companies earned 720.39m€ in 2025, 4.1% of all company revenue in Montenegro. It ranks 5 of 25 municipalities by revenue. Revenue has grown 5.0× since 2015.
4.1% of Montenegro's revenue
124.0 per 1,000 residents · Montenegro 57.3
Largest employer: Adriatic Marinas (212)
Total profit: 28.96m€
Average per employee, not per company
Revenue in € million (bars) and filing companies (below), 2015–2025
| Year | Revenue | Companies |
|---|---|---|
| 2015 | 145,047,133€ | 701 |
| 2016 | 168,406,690€ | 724 |
| 2017 | 250,809,774€ | 814 |
| 2018 | 280,589,378€ | 995 |
| 2019 | 304,622,138€ | 1,113 |
| 2020 | 218,589,049€ | 1,230 |
| 2021 | 314,586,548€ | 1,346 |
| 2022 | 378,418,158€ | 1,640 |
| 2023 | 480,364,113€ | 1,861 |
| 2024 | 608,235,726€ | 1,966 |
| 2025 (Preliminary) | 720,385,269€ | 2,026 |
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 300
* 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 | JRC Montenegro03430910 · Real estate | <0.1% | 6,890€ | -69.7% | -22,101€ | -320.8% | 1 | 926€ |
| 152 | Mray-Clavis03305660 · Real estate | <0.1% | 6,800€ | -48.2% | -22,758€ | -334.7% | 2 | 422€ |
| 153 | Ostava03736229 · Real estate | <0.1% | 6,402€ | No filing for 2024. | -28,166€ | -440.0% | 1 | 1,770€ |
| 154 | P2P03499448 · Real estate | <0.1% | 6,225€ | -11.1% | -4,908€ | -78.8% | 2 | 460€ |
| 155 | Prolab03289842 · Real estate | <0.1% | 6,198€ | -17.9% | -28,530€ | -460.3% | 1 | 678€ |
| 156 | S&D Group03371280 · Real estate | <0.1% | 5,683€ | -52.0% | -52,956€ | -931.8% | 1 | 678€ |
| 157 | Elite Organik03270017 · Real estate | <0.1% | 4,778€ | -19.2% | -9,661€ | -202.2% | 1 | 678€ |
| 158 | GG03437531 · Real estate | <0.1% | 4,773€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -23,378€ | -489.8% | 1 | 929€ |
| 159 | Kaminsky03439429 · Real estate | <0.1% | 4,685€ | +204.8% | -21,951€ | -468.5% | 3 | 678€ |
| 160 | Brimstone03269167 · Real estate | <0.1% | 4,507€ | +12.0% | -5,769€ | -128.0% | 1 | 677€ |
| 161 | Kas - Tim03501361 · Real estate | <0.1% | 4,300€ | -36.0% | -3,943€ | -91.7% | 1 | 677€ |
| 162 | Arkevita03427188 · Real estate | <0.1% | 4,080€ | -52.5% | -11,143€ | -273.1% | 1 | 869€ |
| 163 | TBV Holdings03488527 · Real estate | <0.1% | 4,035€ | -49.0% | -253,999€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 679€ |
| 164 | NNC Proinvest03473333 · Real estate | <0.1% | 3,626€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -1,064€ | -29.3% | 1 | — |
| 165 | Commercial & General03242153 · Real estate | <0.1% | 3,296€ | -30.8% | -32,690€ | -991.8% | 1 | 678€ |
| 166 | Ferel03243311 · Real estate | <0.1% | 3,248€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -13,797€ | -424.8% | 1 | 929€ |
| 167 | Da Silva Lining03283291 · Real estate | <0.1% | 3,031€ | -93.3% | -54,124€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 679€ |
| 168 | Seaside Living03731057 · Real estate | <0.1% | 2,906€ | No filing for 2024. | 156€ | 5.4% | 1 | — |
| 169 | Rin Adriatic02712466 · Real estate | <0.1% | 2,500€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,166€ | -366.6% | 1 | 670€ |
| 170 | Amay Trade03262111 · Real estate | <0.1% | 2,479€ | +50.2% | -32,198€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 678€ |
| 171 | VMF Build02932768 · Real estate | <0.1% | 2,394€ | -87.3% | -38,304€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 929€ |
| 172 | Edelweiss Properties03276716 · Real estate | <0.1% | 2,200€ | -8.3% | -30,781€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 353€ |
| 173 | Sirmium At Sea03374408 · Real estate | <0.1% | 2,000€ | -70.2% | -60,598€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 2 | 735€ |
| 174 | Master Finance03063089 · Real estate | <0.1% | 1,895€ | -99.2% | -37,586€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 2 | 463€ |
| 175 | MGT Property Management03244687 · Real estate | <0.1% | 1,774€ | +77.4% | -2,094€ | -118.0% | 1 | 310€ |
| 176 | Home Management Montenegro03785157 · Real estate | <0.1% | 1,761€ | No filing for 2024. | 239€ | 13.6% | 1 | — |
| 177 | Emir Montenegro03188027 · Real estate | <0.1% | 1,653€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -10,792€ | -652.9% | 1 | 820€ |
| 178 | Beduk03173712 · Real estate | <0.1% | 1,600€ | -76.8% | -22,574€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 927€ |
| 179 | Crna Gora Endeavours03278620 · Real estate | <0.1% | 1,086€ | -95.5% | -61,477€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 2,718€ |
| 180 | Common Sense Company03489060 · Real estate | <0.1% | 1,050€ | +35.1% | -27,539€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 2 | 424€ |
| 181 | Kokosiki Tim03484645 · Real estate | <0.1% | 935€ | -35.1% | -7,225€ | -772.7% | 1 | 680€ |
| 182 | VMT Invest03439895 · Real estate | <0.1% | 900€ | -78.6% | -3,789€ | -421.0% | 1 | — |
| 183 | MS Real Estate03618030 · Real estate | <0.1% | 851€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -7,286€ | -856.2% | 1 | 676€ |
| 184 | Moa CG03543072 · Real estate | <0.1% | 705€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -6,108€ | -866.4% | 0 | — |
| 185 | Efes 2203458407 · Real estate | <0.1% | 603€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -16,911€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 509€ |
| 186 | 9113 LB03465381 · Real estate | <0.1% | 506€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -16,985€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 926€ |
| 187 | Orange Plus03606040 · Real estate | <0.1% | 420€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -10,753€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 926€ |
| 188 | Out of the Box02946661 · Real estate | <0.1% | 300€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,300€ | -766.7% | 1 | — |
| 189 | Eff Property03374840 · Real estate | <0.1% | 120€ | -99.8% | -315,166€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 678€ |
| 190 | Virgin Planet03012484 · Real estate | <0.1% | 100€ | -58.8% | -104,818€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 926€ |
| 191 | Promet Montenegro02893975 · Real estate | <0.1% | 40€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -82,664€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 678€ |
| 192 | Navi Real Estate03447936 · Real estate | <0.1% | 32€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -7,628€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 339€ |
| 193 | Vrgroup03533115 · Real estate | <0.1% | 29€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -12,368€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 926€ |
| 194 | Meltem03384691 · Real estate | <0.1% | 10€ | -97.7% | -15,382€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 509€ |
| 195 | K3B Real Property Operations03598691 · Real estate | <0.1% | 2€ | 0.0% | -30,799€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 674€ |
| 196 | Abc Investment03444252 · Real estate | 0.0% | 0€ | -100.0% | -17,151€ | — | 1 | 680€ |
| 197 | Acasa03600530 · Real estate | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,035€ | — | 1 | — |
| 198 | Adriale 20503106969 · Real estate | 0.0% | 0€ | -100.0% | -117,114€ | — | 1 | 678€ |
| 199 | Af03160211 · Real estate | 0.0% | 0€ | -100.0% | -25,271€ | — | 1 | 678€ |
| 200 | Agt Real Estate03152219 · Real estate | 0.0% | 0€ | -100.0% | -13,626€ | — | 1 | 929€ |