Revenue
16.2% of sector revenue
285 companies earned 74.27m€ in 2025, 16.2% of Arts & entertainment sector revenue. Revenue has grown 4.3× since 2015.
16.2% of sector revenue
188 with at most one employee
Largest employer: Adriatic Marinas (212)
Not shown: one company carries more than half of the profit or loss
Average per employee, not per company
Revenue in € million (bars) and filing companies (below), 2015–2025
Revenue change vs 2024, companies with at least 1m€ that year
Employees and payroll cost per employee per month*
Ranked by total revenue · Showing 51–100 of 285
* 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 →
Not shown: one company carries more than half of the profit or loss. The aggregate margin is not shown when fewer than 5 companies have one, or when one company carries more than half of the summed profit and loss; use the median margin and the profitable share instead. Profits that cannot be reconciled with revenue and payroll are left out.
Totals include 8 sole proprietors: natural persons whose statements are shown only in aggregate, never by name. The company count excludes them. How we calculate →
The activity title is the code's title in the KD 2010 classification (NACE Rev. 2), which applies to every year shown. The registry now shows titles from the new classification for the same codes, so titles can differ.
| Year | Revenue | Companies |
|---|---|---|
| 2015 | 17,256,310€ | 56 |
| 2016 | 24,925,907€ | 72 |
| 2017 | 35,541,015€ | 74 |
| 2018 | 35,270,280€ | 85 |
| 2019 | 38,299,890€ | 102 |
| 2020 | 27,781,476€ | 120 |
| 2021 | 41,682,873€ | 129 |
| 2022 | 47,553,230€ | 179 |
| 2023 | 46,364,973€ | 236 |
| 2024 | 56,335,841€ | 263 |
| 2025 (Preliminary) | 74,266,569€ | 285 |
The number of companies jumped most in 2023: from 179 to 236.
<0.1% |
| 41,575€ |
| No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. |
| -1,061€ |
| -2.6% |
| 3 |
| 846€ |
| 53 | Rafting-Bato Mne03198723 · Plužine | <0.1% | 40,182€ | +14.9% | 3,948€ | 9.8% | 1 | 1,697€ |
| 54 | Rafting Montenegro02781026 · Plužine | <0.1% | 39,142€ | -0.5% | 242€ | 0.6% | 1 | 680€ |
| 55 | SGG Gvozdenović03674479 · Bar | <0.1% | 37,980€ | +83.5% | -23,425€ | -61.7% | 4 | 607€ |
| 56 | Theta03271544 · Berane | <0.1% | 37,435€ | +62.4% | -6,548€ | -17.5% | 4 | 678€ |
| 57 | Bibiland03614212 · Podgorica | <0.1% | 37,049€ | +290.3% | -5,642€ | -15.2% | 2 | 988€ |
| 58 | Predator Game03427552 · Budva | <0.1% | 36,910€ | -26.4% | -13,406€ | -36.3% | 2 | 876€ |
| 59 | Mravac03617190 · Podgorica | <0.1% | 36,138€ | +311.1% | -5,981€ | -16.6% | 1 | 2,178€ |
| 60 | Pesago02248727 · Tivat | <0.1% | 34,207€ | +173.8% | 7,523€ | 22.0% | 2 | 675€ |
| 61 | Montaste03356256 · Bar | <0.1% | 33,027€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 1,771€ | 5.4% | 1 | 929€ |
| 62 | Elit Fit03319571 · Podgorica | <0.1% | 33,013€ | +75.0% | -1,181€ | -3.6% | 3 | 784€ |
| 63 | Jimart Design03703339 · Budva | <0.1% | 32,610€ | No filing for 2024. | -37,878€ | -116.2% | 0 | — |
| 64 | Game Point03496791 · Podgorica | <0.1% | 31,688€ | -15.3% | -21,608€ | -68.2% | 3 | 409€ |
| 65 | Moj Imaginarijum03619443 · Podgorica | <0.1% | 31,013€ | +76.2% | 6,966€ | 22.5% | 1 | 1,239€ |
| 66 | Naša Stvar03381978 · Danilovgrad | <0.1% | 29,882€ | +14.2% | 2,308€ | 7.7% | 2 | 507€ |
| 67 | Meridian Management03557529 · Budva | <0.1% | 29,302€ | +63.2% | -27,487€ | -93.8% | 6 | 631€ |
| 68 | L'alfabeto03610071 · Bar | <0.1% | 29,193€ | +55.0% | 2,141€ | 7.3% | 4 | — |
| 69 | Kreativni Centar Tic-Tac03213242 · Podgorica | <0.1% | 29,097€ | +0.6% | 1,527€ | 5.2% | 1 | 922€ |
| 70 | Family Club Caramel03464431 · Bar | <0.1% | 28,572€ | +8.1% | -5,619€ | -19.7% | 2 | 1,381€ |
| 71 | Starlight Group03496198 · Bar | <0.1% | 28,500€ | +16.9% | -5,553€ | -19.5% | 3 | 761€ |
| 72 | Vodič Kroz Pravilan Razvoj03606481 · Podgorica | <0.1% | 28,101€ | +54.0% | -11€ | -0.0% | 2 | 1,158€ |
| 73 | Asian Wife03536734 · Tivat | <0.1% | 28,071€ | +78.8% | 7,898€ | 28.1% | 2 | 675€ |
| 74 | SKY Sport03321746 · Podgorica | <0.1% | 28,036€ | +34.3% | -315€ | -1.1% | 1 | 932€ |
| 75 | Ingeniousity03519473 · Budva | <0.1% | 27,753€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 15,801€ | 56.9% | 1 | 870€ |
| 76 | Dječije Carstvo03380181 · Podgorica | <0.1% | 27,020€ | +5.8% | 1,123€ | 4.2% | 1 | 1,158€ |
| 77 | Vilado03531104 · Podgorica | <0.1% | 24,943€ | +355.7% | -32,051€ | -128.5% | 5 | 350€ |
| 78 | Učitelj Miki03525015 · Podgorica | <0.1% | 24,280€ | +27.7% | 210€ | 0.9% | 1 | 1,476€ |
| 79 | Prima Trade Montenegro03646106 · Rožaje | <0.1% | 24,229€ | +61.4% | -17,131€ | -70.7% | 2 | 489€ |
| 80 | Im-Tabak03382656 · Bar | <0.1% | 24,200€ | +303.3% | 11,860€ | 49.0% | 1 | 502€ |
| 81 | Lushticakids03174875 · Tivat | <0.1% | 23,888€ | +751.9% | -22,937€ | -96.0% | 1 | 920€ |
| 82 | Čelik Com NK03732789 · Nikšić | <0.1% | 23,670€ | No filing for 2024. | 0€ | 0.0% | 1 | 1,896€ |
| 83 | Kailash03437124 · Bar | <0.1% | 23,303€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 3,303€ | 14.2% | 2 | 757€ |
| 84 | Ikostromkin03516709 · Budva | <0.1% | 23,033€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 14,136€ | 61.4% | 1 | 670€ |
| 85 | Growing Stars03686957 · Podgorica | <0.1% | 22,628€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 3,035€ | 13.4% | 0 | — |
| 86 | Itiaki03035522 · Herceg Novi | <0.1% | 22,077€ | -8.9% | 964€ | 4.4% | 2 | 623€ |
| 87 | Basketball Camp Montenegro02925664 · Herceg Novi | <0.1% | 21,856€ | +173.1% | 5,515€ | 25.2% | 1 | 800€ |
| 88 | The Hand03278590 · Budva | <0.1% | 21,824€ | -14.9% | -3,156€ | -14.5% | 3 | 670€ |
| 89 | Rol Company03606473 · Kotor | <0.1% | 21,525€ | -7.5% | 933€ | 4.3% | 1 | 770€ |
| 90 | Dukley Marina02349523 · Budva | <0.1% | 20,963€ | -98.3% | -13,874€ | -66.2% | 1 | 1,052€ |
| 91 | Grad Fantazije03133761 · Bar | <0.1% | 20,520€ | +30.3% | -343€ | -1.7% | 3 | 370€ |
| 92 | VR Innovations03257657 | <0.1% | 20,424€ | +440.6% | -6,921€ | -33.9% | 2 | 323€ |
| 93 | Regina Monte03404501 · Bar | <0.1% | 20,390€ | +431.0% | -2,172€ | -10.7% | 2 | 708€ |
| 94 | Allegro - Montenegro 77703527301 · Podgorica | <0.1% | 20,048€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -6,138€ | -30.6% | 1 | 1,909€ |
| 95 | Ronilački Centar Marina02715619 · Herceg Novi | <0.1% | 19,980€ | +47.9% | 1,690€ | 8.5% | 2 | 622€ |
| 96 | Laboratorija Zabave03566129 · Bar | <0.1% | 19,313€ | +14.1% | -426€ | -2.2% | 1 | 678€ |
| 97 | Fešta03516130 · Podgorica | <0.1% | 19,077€ | -90.4% | 3,255€ | 17.1% | 2 | — |
| 98 | Action Mama03388255 · Podgorica | <0.1% | 19,019€ | +44.8% | -726€ | -3.8% | 1 | 929€ |
| 99 | Yastrebdecor03754405 · Bar | <0.1% | 18,939€ | No filing for 2024. | 2,792€ | 14.7% | 1 | 447€ |
| 100 | Dječija Zona03485447 · Podgorica | <0.1% | 18,932€ | -38.1% | -15,083€ | -79.7% | 3 | 534€ |