Revenue
2.8% of Montenegro's revenue
1,334 companies earned 497.14m€ in 2025, 2.8% of all company revenue in Montenegro. It ranks 7 of 25 municipalities by revenue. Revenue has grown 2.1× since 2015.
2.8% of Montenegro's revenue
58.6 per 1,000 residents · Montenegro 57.3
Largest employer: Komunalno Kotor (236)
Total profit: -954,774€
Average per employee, not per company
Revenue in € million (bars) and filing companies (below), 2015–2025
| Year | Revenue | Companies |
|---|---|---|
| 2015 | 232,852,069€ | 609 |
| 2016 | 219,147,711€ | 643 |
| 2017 | 258,482,783€ | 711 |
| 2018 | 274,583,486€ | 794 |
| 2019 | 294,885,706€ | 839 |
| 2020 | 205,213,933€ | 884 |
| 2021 | 236,054,897€ | 939 |
| 2022 | 334,126,990€ | 1,053 |
| 2023 | 388,335,032€ | 1,175 |
| 2024 | 449,543,273€ | 1,257 |
| 2025 (Preliminary) | 497,137,467€ | 1,334 |
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 501–550 of 1,334
* 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* |
|---|
| 501 | Vita Feminae02716631 · Health & social care | <0.1% | 55,327€ | -2.5% | 7,993€ | 14.4% | 2 | 955€ |
| 502 | Unibrand Montenegro02867184 · Professional services | <0.1% | 55,309€ | -3.1% | 13,334€ | 24.1% | 1 | 677€ |
| 503 | Nikaljević03001628 · Manufacturing | <0.1% | 55,296€ | -2.1% | 9,355€ | 16.9% | 2 | 523€ |
| 504 | Agencija za Knjigovodstvo Alea02922355 · Professional services | <0.1% | 54,993€ | -22.0% | -7,185€ | -13.1% | 4 | 962€ |
| 505 | Our03459462 · Personal services | <0.1% | 54,892€ | +96.1% | 5,292€ | 9.6% | 3 | 872€ |
| 506 | Termomont Mne03030164 · Construction | <0.1% | 54,846€ | -59.7% | 1,327€ | 2.4% | 2 | 678€ |
| 507 | Design & Co03145824 · Construction | <0.1% | 54,806€ | -91.3% | -190,444€ | -347.5% | 3 | 1,609€ |
| 508 | Mi - Rai House02741687 · Trade | <0.1% | 54,225€ | -0.8% | -2,409€ | -4.4% | 1 | 1,434€ |
| 509 | Milinbest03188043 · Hospitality | <0.1% | 54,038€ | +0.1% | 700€ | 1.3% | 2 | 728€ |
| 510 | Unicorn World03716635 · Arts & entertainment | <0.1% | 53,825€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,357€ | -4.4% | 1 | 3,228€ |
| 511 | Lux Keramika03390543 · Construction | <0.1% | 53,784€ | No filing for 2024. | 10,815€ | 20.1% | 0 | — |
| 512 | Kotor Bay Tours DMC03304256 · Transport & logistics | <0.1% | 53,615€ | +1.1% | -8,123€ | -15.2% | 3 | 907€ |
| 513 | Boka - Nova Group03428320 · Trade | <0.1% | 53,485€ | +17.9% | 9,065€ | 16.9% | 3 | 551€ |
| 514 | Balkan Forms03700330 · Trade | <0.1% | 53,480€ | +5,347,900.0% | -1,014€ | -1.9% | 1 | 682€ |
| 515 | M.G.I.02424991 · Administrative services | <0.1% | 53,066€ | +12.5% | -727€ | -1.4% | 2 | 846€ |
| 516 | Sunčana Planina02442795 · Real estate | <0.1% | 51,957€ | -0.6% | 0€ | 0.0% | 2 | 375€ |
| 517 | Antilope Investments03623491 · Professional services | <0.1% | 51,606€ | +8.7% | -4,489€ | -8.7% | 1 | 929€ |
| 518 | Žad Company03463567 · Trade | <0.1% | 51,464€ | +84.1% | -2,651€ | -5.2% | 4 | 528€ |
| 519 | Izviđački Centar Stoliv02994062 · Hospitality | <0.1% | 51,000€ | +4.1% | 910€ | 1.8% | 1 | 474€ |
| 520 | Dare To Dream03314375 · Transport & logistics | <0.1% | 50,958€ | +5.5% | -26,628€ | -52.3% | 6 | 625€ |
| 521 | Zlatara Glasnović02907160 · Manufacturing | <0.1% | 50,801€ | -6.6% | 22,517€ | 44.3% | 2 | 338€ |
| 522 | Pavi L&M03228401 · Trade | <0.1% | 50,766€ | -74.1% | -8,207€ | -16.2% | 5 | 640€ |
| 523 | Bombarda 92903412326 · Manufacturing | <0.1% | 50,404€ | +401.1% | 3,903€ | 7.7% | 1 | — |
| 524 | Reichel02459779 · Health & social care | <0.1% | 50,275€ | +11.7% | -2,059€ | -4.1% | 4 | 860€ |
| 525 | DDK03011887 · Trade | <0.1% | 50,206€ | +31.3% | 2,882€ | 5.7% | 3 | 646€ |
| 526 | Boka - Med03115313 · Health & social care | <0.1% | 50,014€ | +7.0% | -4,751€ | -9.5% | 4 | 702€ |
| 527 | Finovatex03740749 · Technology | <0.1% | 50,000€ | No filing for 2024. | 2,057€ | 4.1% | 1 | 577€ |
| 528 | JHĆ Incorporated Company03617645 · Administrative services | <0.1% | 49,596€ | -5.1% | -566,047€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 2 | 2,141€ |
| 529 | Boston02647648 · Administrative services | <0.1% | 49,445€ | +25.2% | 3,878€ | 7.8% | 3 | 626€ |
| 530 | NPN Invest Group03314243 · Construction | <0.1% | 49,058€ | +32.2% | 2,213€ | 4.5% | 2 | — |
| 531 | Alpcon03729532 · Professional services | <0.1% | 48,580€ | No filing for 2024. | 18,779€ | 38.7% | 0 | — |
| 532 | KSC03114406 · Construction | <0.1% | 48,333€ | -68.7% | -14,358€ | -29.7% | 6 | 473€ |
| 533 | Sagoma03725154 · Construction | <0.1% | 48,133€ | No filing for 2024. | 22,238€ | 46.2% | 2 | — |
| 534 | Sanmar03308146 · Professional services | <0.1% | 48,035€ | +64.7% | 12,567€ | 26.2% | 3 | 752€ |
| 535 | Lovanja02384205 · Energy, water & waste | <0.1% | 48,000€ | -2.2% | -9,528€ | -19.9% | 2 | 1,981€ |
| 536 | Yugo Montenegro03488624 · Administrative services | <0.1% | 47,993€ | +37.6% | 1,213€ | 2.5% | 2 | 675€ |
| 537 | Crystal White03631532 · Personal services | <0.1% | 47,767€ | +97.4% | 257€ | 0.5% | 2 | 566€ |
| 538 | Zastava03395766 · Real estate | <0.1% | 47,540€ | +43,514.7% | 34,099€ | 71.7% | 1 | 740€ |
| 539 | Blue-Mat-Mont02894785 · Real estate | <0.1% | 47,502€ | +83.9% | -4,914€ | -10.3% | 1 | 1,013€ |
| 540 | Risan Belavista02681854 · Hospitality | <0.1% | 47,270€ | -4.0% | -31,160€ | -65.9% | 2 | 680€ |
| 541 | Inter - Profit03215938 · Professional services | <0.1% | 47,245€ | +3.4% | 6,674€ | 14.1% | 3 | 556€ |
| 542 | Zo & Ma Elektro03111199 · Construction | <0.1% | 47,163€ | -18.6% | -14,076€ | -29.8% | 1 | 340€ |
| 543 | Oasis02708744 · Administrative services | <0.1% | 47,113€ | +13.3% | -9,529€ | -20.2% | 3 | 450€ |
| 544 | Platinum Rent A Car02641534 · Transport & logistics | <0.1% | 47,028€ | +376.9% | 5,342€ | 11.4% | 2 | 518€ |
| 545 | Happy Fazon03113060 · Trade | <0.1% | 46,783€ | +21.4% | 13,146€ | 28.1% | 3 | 508€ |
| 546 | Donski02439115 · Professional services | <0.1% | 46,780€ | +2.0% | 2,652€ | 5.7% | 2 | 1,372€ |
| 547 | Top Guard03013162 · Administrative services | <0.1% | 46,734€ | +69.7% | -3,567€ | -7.6% | 4 | 842€ |
| 548 | Zoran03240657 · Transport & logistics | <0.1% | 46,153€ | -40.9% | -19,038€ | -41.2% | 1 | 677€ |
| 549 | Zeko Trans03490947 · Transport & logistics | <0.1% | 46,147€ | +40.4% | 3,266€ | 7.1% | 1 | 678€ |
| 550 | Reževići02628040 · Real estate | <0.1% | 45,996€ | +48.5% | -103,488€ | -225.0% | 1 | — |