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 601–650 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* |
|---|
| 601 | Terranova Capital03270475 · Professional services | <0.1% | 34,396€ | +8.8% | 14,281€ | 41.5% | 1 | 1,416€ |
| 602 | Zanzibar Adriatic03580059 · Hospitality | <0.1% | 34,165€ | -32.2% | -64,951€ | -190.1% | 3 | 580€ |
| 603 | Atelje Starih Zanata03150836 · Manufacturing | <0.1% | 33,857€ | +23.9% | -335€ | -1.0% | 3 | 538€ |
| 604 | Ice Group Megan02277182 · Trade | <0.1% | 33,523€ | -76.0% | -85,759€ | -255.8% | 1 | 622€ |
| 605 | Evolution Pro02745151 · Trade | <0.1% | 33,453€ | -60.9% | 2,797€ | 8.4% | 1 | 677€ |
| 606 | Boka Seafood03137007 · Agriculture | <0.1% | 33,164€ | -1.6% | 1,301€ | 3.9% | 1 | 929€ |
| 607 | Boka Spring03091252 · Trade | <0.1% | 33,164€ | No filing for 2024. | 1,301€ | 3.9% | 1 | 929€ |
| 608 | Andmar Logistics03754499 · Transport & logistics | <0.1% | 32,939€ | No filing for 2024. | 10,191€ | 30.9% | 2 | 450€ |
| 609 | Irta02146665 · Manufacturing | <0.1% | 32,589€ | +4.2% | 914€ | 2.8% | 1 | 1,280€ |
| 610 | Big Mistake Company03652076 · Transport & logistics | <0.1% | 32,207€ | +93.1% | 1,759€ | 5.5% | 1 | 1,179€ |
| 611 | Pescatore03080846 · Agriculture | <0.1% | 31,726€ | +38.3% | -7,999€ | -25.2% | 2 | 478€ |
| 612 | Batuta Commerce03423808 · Trade | <0.1% | 31,561€ | -38.5% | -6,925€ | -21.9% | 2 | 520€ |
| 613 | Avangardia02623552 · Trade | <0.1% | 31,435€ | +26.1% | -13,159€ | -41.9% | 3 | 735€ |
| 614 | Yu-Gastro03138836 · Hospitality | <0.1% | 30,461€ | -11.8% | -1,138€ | -3.7% | 1 | 799€ |
| 615 | Gospa Škrpjela02242010 · Arts & entertainment | <0.1% | 30,282€ | +25.4% | 1,611€ | 5.3% | 2 | 797€ |
| 616 | Atelje Babić03609553 · Personal services | <0.1% | 29,973€ | +8.6% | 971€ | 3.2% | 3 | 480€ |
| 617 | Kopro Mne03650090 · Transport & logistics | <0.1% | 29,846€ | +1,220.6% | 3,686€ | 12.4% | 1 | 1,286€ |
| 618 | Rosa Style03175812 · Trade | <0.1% | 29,804€ | -23.9% | -6,734€ | -22.6% | 3 | 619€ |
| 619 | TS Design03048110 · Technology | <0.1% | 29,607€ | +1.0% | 667€ | 2.3% | 1 | 1,173€ |
| 620 | Horizon Capital03586863 · Professional services | <0.1% | 29,606€ | +85.3% | -811€ | -2.7% | 2 | 1,006€ |
| 621 | Rolden02415364 · Administrative services | <0.1% | 29,565€ | -66.2% | 1,274€ | 4.3% | 1 | 675€ |
| 622 | Travelzoo03084388 · Administrative services | <0.1% | 29,535€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,318€ | -7.8% | 2 | 643€ |
| 623 | Feral Apartmani03618056 · Administrative services | <0.1% | 29,390€ | +2.7% | 2,673€ | 9.1% | 1 | 846€ |
| 624 | Fashion Beach02994003 · Real estate | <0.1% | 29,374€ | +72.1% | -2,594€ | -8.8% | 2 | 506€ |
| 625 | Stilstone02436833 · Manufacturing | <0.1% | 29,315€ | +65.7% | -7,801€ | -26.6% | 3 | 649€ |
| 626 | Clover03233189 · Trade | <0.1% | 29,281€ | +14.1% | 605€ | 2.1% | 2 | 671€ |
| 627 | DR Cvijović02835070 · Health & social care | <0.1% | 29,190€ | +6.0% | 1,842€ | 6.3% | 2 | 799€ |
| 628 | Gabela03533794 · Hospitality | <0.1% | 28,951€ | -42.5% | -10,315€ | -35.6% | 2 | 687€ |
| 629 | Alcontis03559815 · Professional services | <0.1% | 28,919€ | +26.4% | 5,713€ | 19.8% | 1 | 1,431€ |
| 630 | Radonjić International Company03737586 · Real estate | <0.1% | 28,888€ | No filing for 2024. | 1,860€ | 6.4% | 0 | — |
| 631 | SKY & Sand Speed Boat03757196 · Transport & logistics | <0.1% | 28,787€ | No filing for 2024. | 3,254€ | 11.3% | 1 | — |
| 632 | Femo03083306 · Construction | <0.1% | 28,742€ | +58.9% | -19,642€ | -68.3% | 2 | 338€ |
| 633 | Monte Mast02874300 · Administrative services | <0.1% | 28,464€ | -28.7% | 6,320€ | 22.2% | 2 | 525€ |
| 634 | Black Magic03042901 · Trade | <0.1% | 28,422€ | +24.3% | 1,104€ | 3.9% | 1 | 715€ |
| 635 | Lava02672251 · Manufacturing | <0.1% | 28,366€ | -28.2% | -16,730€ | -59.0% | 3 | 677€ |
| 636 | Bellissima02966450 · Personal services | <0.1% | 28,208€ | +17.9% | -969€ | -3.4% | 2 | 676€ |
| 637 | Veritas Advisory Group03637247 · Professional services | <0.1% | 28,159€ | +36.5% | 1,429€ | 5.1% | 3 | 589€ |
| 638 | Wibb Company02333376 · Professional services | <0.1% | 28,041€ | -10.6% | 6,096€ | 21.7% | 1 | 1,417€ |
| 639 | Lady D Flowers03633209 · Trade | <0.1% | 28,026€ | +12.2% | -25,851€ | -92.2% | 2 | 689€ |
| 640 | Srce02660946 · Health & social care | <0.1% | 27,631€ | +6.3% | 29€ | 0.1% | 2 | 804€ |
| 641 | Premium Tim03573443 · Manufacturing | <0.1% | 27,478€ | +107.6% | 4,336€ | 15.8% | 1 | 1,258€ |
| 642 | Conquest03493245 · Transport & logistics | <0.1% | 27,287€ | -6.8% | -3,544€ | -13.0% | 1 | 678€ |
| 643 | Zirex - Revizor02786303 · Professional services | <0.1% | 27,203€ | -11.1% | -6,285€ | -23.1% | 2 | 670€ |
| 644 | Mariva Montenegro03030156 · Agriculture | <0.1% | 27,196€ | +96.0% | 5,908€ | 21.7% | 2 | 310€ |
| 645 | Boom02920964 · Trade | <0.1% | 27,039€ | +3.7% | -14,182€ | -52.5% | 3 | 760€ |
| 646 | Prčanjska Strana03455262 · Technology | <0.1% | 27,000€ | +435.7% | 12,938€ | 47.9% | 1 | 982€ |
| 647 | Mustrica03643638 · Trade | <0.1% | 26,905€ | -29.4% | -16,807€ | -62.5% | 3 | 538€ |
| 648 | Piramida Plus02776367 · Trade | <0.1% | 26,865€ | +21.0% | -5,190€ | -19.3% | 2 | 607€ |
| 649 | Sterno03416364 · Professional services | <0.1% | 26,820€ | +25.2% | 1,052€ | 3.9% | 2 | 962€ |
| 650 | Kiana03487628 · Hospitality | <0.1% | 26,706€ | +20.2% | 2,383€ | 8.9% | 2 | 675€ |