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 551–600 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* |
|---|
| 551 | Tide and Wave03540758 · Transport & logistics | <0.1% | 45,861€ | -3.6% | 12,459€ | 27.2% | 1 | 1,370€ |
| 552 | Grafo Print03091716 · Manufacturing | <0.1% | 45,324€ | -7.2% | 1,918€ | 4.2% | 1 | 1,085€ |
| 553 | Beauty Salon Žana03413608 · Personal services | <0.1% | 45,182€ | +19.8% | -4,678€ | -10.4% | 5 | 628€ |
| 554 | Proper Construction03302954 · Construction | <0.1% | 45,015€ | -26.8% | 892€ | 2.0% | 2 | 508€ |
| 555 | Montenegro Genesis03401766 · Real estate | <0.1% | 45,009€ | +92.4% | 3,556€ | 7.9% | 3 | 662€ |
| 556 | Giftko03734625 · Manufacturing | <0.1% | 44,980€ | No filing for 2024. | -2,032€ | -4.5% | 2 | 896€ |
| 557 | Pure Water03324940 · Real estate | <0.1% | 44,700€ | -26.9% | 242€ | 0.5% | 1 | 880€ |
| 558 | E Project02684306 · Professional services | <0.1% | 44,672€ | -5.5% | 12,104€ | 27.1% | 2 | 703€ |
| 559 | Up Living03359026 · Trade | <0.1% | 44,469€ | -62.9% | -10,625€ | -23.9% | 1 | 693€ |
| 560 | Derya03515079 · Trade | <0.1% | 44,357€ | +42.1% | 3,562€ | 8.0% | 3 | 457€ |
| 561 | Vučetić Co02809508 · Construction | <0.1% | 44,082€ | +14.6% | -10,159€ | -23.0% | 2 | 844€ |
| 562 | Sunny Boka Bay03550290 · Transport & logistics | <0.1% | 43,589€ | +0.3% | -328€ | -0.8% | 3 | 409€ |
| 563 | BDK Figura03473236 · Trade | <0.1% | 42,883€ | +3.1% | -18,258€ | -42.6% | 4 | 625€ |
| 564 | Uniart03651835 · Manufacturing | <0.1% | 42,845€ | +33.2% | 1,927€ | 4.5% | 2 | 831€ |
| 565 | Amfora Risan03049922 · Administrative services | <0.1% | 42,669€ | +1.5% | -7,460€ | -17.5% | 1 | 678€ |
| 566 | Monte Pashmina03409066 · Trade | <0.1% | 42,293€ | -4.1% | 9,544€ | 22.6% | 1 | 1,198€ |
| 567 | Weise Stadt Investments03268381 · Professional services | <0.1% | 42,235€ | -2.2% | -1,680€ | -4.0% | 1 | 1,712€ |
| 568 | A Property Montenegro03528294 · Real estate | <0.1% | 41,707€ | +530.8% | 16,236€ | 38.9% | 1 | 1,265€ |
| 569 | HLG02416891 · Administrative services | <0.1% | 41,563€ | +95.0% | -170,673€ | -410.6% | 5 | 556€ |
| 570 | Elektro Plus02780437 · Hospitality | <0.1% | 41,326€ | -32.6% | -5,146€ | -12.5% | 4 | 579€ |
| 571 | Aquaphor Mne03208435 · Trade | <0.1% | 41,263€ | +21.5% | -3,636€ | -8.8% | 3 | 484€ |
| 572 | Rossen Consulting03354776 · Professional services | <0.1% | 40,701€ | -11.8% | 4,448€ | 10.9% | 1 | 814€ |
| 573 | Vučetić02885620 · Health & social care | <0.1% | 40,689€ | +9.8% | 230€ | 0.6% | 3 | 845€ |
| 574 | Geomet02865076 · Professional services | <0.1% | 40,439€ | +23.8% | -2,064€ | -5.1% | 2 | 929€ |
| 575 | Brilliant Wrap03654117 · Administrative services | <0.1% | 40,339€ | +83.4% | -27,957€ | -69.3% | 2 | 1,068€ |
| 576 | Dahlem Montenegro02764326 · Professional services | <0.1% | 40,185€ | +50.6% | 9,090€ | 22.6% | 2 | 1,034€ |
| 577 | Cash BS03213960 · Professional services | <0.1% | 39,894€ | +33.2% | -1,206€ | -3.0% | 4 | 770€ |
| 578 | Ćupić03011984 · Construction | <0.1% | 39,751€ | -22.4% | -31,542€ | -79.3% | 3 | 913€ |
| 579 | Dena02622734 · Trade | <0.1% | 39,585€ | +23.5% | 1,122€ | 2.8% | 2 | 854€ |
| 580 | Braća Koković03663973 · Hospitality | <0.1% | 39,518€ | +8.0% | -6,881€ | -17.4% | 2 | 927€ |
| 581 | Fidami Medica02946483 · Health & social care | <0.1% | 39,075€ | +48.8% | -4,326€ | -11.1% | 1 | 1,198€ |
| 582 | New Age Management03663566 · Professional services | <0.1% | 39,000€ | No filing for 2024. | 5,871€ | 15.1% | 0 | — |
| 583 | Fit Studio Marić03357511 · Arts & entertainment | <0.1% | 38,872€ | -42.9% | -42,320€ | -108.9% | 3 | 1,210€ |
| 584 | Prima Medica02465639 · Health & social care | <0.1% | 38,417€ | -55.4% | -2,038€ | -5.3% | 2 | 975€ |
| 585 | Bil303545008 · Administrative services | <0.1% | 38,313€ | +27.7% | -10,004€ | -26.1% | 1 | 678€ |
| 586 | Udruženje za Sport i Rekreaciju Invalida02018942 · Hospitality | <0.1% | 38,049€ | +84.1% | 3,141€ | 8.3% | 2 | 355€ |
| 587 | Bulb02971364 · Administrative services | <0.1% | 37,364€ | -49.0% | 475€ | 1.3% | 2 | 491€ |
| 588 | MY Office Montenegro03644596 · Administrative services | <0.1% | 37,347€ | +1.0% | 793€ | 2.1% | 1 | 1,750€ |
| 589 | Javna Ustanova Gimnazija - Kotor02387948 · Education | <0.1% | 37,175€ | +3.1% | 32,636€ | 87.8% | 0 | — |
| 590 | Galata Concept03512363 · Trade | <0.1% | 37,086€ | +333.0% | -1,194€ | -3.2% | 2 | 670€ |
| 591 | Suncokret02918358 · Trade | <0.1% | 36,765€ | -30.2% | -25,842€ | -70.3% | 3 | 806€ |
| 592 | Dom-Monte02671433 · Construction | <0.1% | 36,509€ | +30.7% | 5,385€ | 14.7% | 1 | 1,415€ |
| 593 | Entex Still03037959 · Personal services | <0.1% | 36,451€ | +12.3% | 11,531€ | 31.6% | 1 | — |
| 594 | Tim Sat03038955 · Personal services | <0.1% | 35,908€ | -10.8% | 8,449€ | 23.5% | 1 | 2,049€ |
| 595 | Kotor02021706 · Public & nonprofit | <0.1% | 35,859€ | +28.6% | 8,193€ | 22.8% | 2 | 780€ |
| 596 | Žukić02756315 · Construction | <0.1% | 35,687€ | +31.3% | -4,992€ | -14.0% | 2 | 694€ |
| 597 | Svarog Welding03750680 · Manufacturing | <0.1% | 35,334€ | No filing for 2024. | -5,561€ | -15.7% | 4 | 408€ |
| 598 | Bon Senjo03637174 · Hospitality | <0.1% | 35,149€ | -41.4% | -26,625€ | -75.7% | 4 | 447€ |
| 599 | Posejdon Art Gallery03683664 · Trade | <0.1% | 35,096€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 3,209€ | 9.1% | 2 | 677€ |
| 600 | Ice Cream Lab03305970 · Manufacturing | <0.1% | 34,677€ | -22.2% | 1,578€ | 4.6% | 2 | 1,015€ |