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 51–100 of 119
* 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* |
|---|
| 51 | CF - Lucrum02917866 · Construction | <0.1% | 24,430€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 11,329€ | 46.4% | 1 | — |
| 52 | Fima Estate03484726 · Construction | <0.1% | 23,180€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -10,205€ | -44.0% | 4 | 469€ |
| 53 | Crido02952998 · Construction | <0.1% | 21,675€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -73,246€ | -337.9% | 1 | 734€ |
| 54 | A & M Color03038475 · Construction | <0.1% | 19,813€ | +4.0% | -642€ | -3.2% | 2 | 626€ |
| 55 | Formica Rufa03352030 · Construction | <0.1% | 17,399€ | +569.2% | -12,012€ | -69.0% | 2 | 783€ |
| 56 | SP- Ing02699320 · Construction | <0.1% | 14,850€ | +33.2% | 1,197€ | 8.1% | 1 | 448€ |
| 57 | Hill Spas Budva02826143 · Construction | <0.1% | 14,000€ | +183.1% | 4,054€ | 29.0% | 1 | — |
| 58 | Shelby03515117 · Construction | <0.1% | 12,937€ | +24.5% | 329€ | 2.5% | 1 | 740€ |
| 59 | Swiss Solar Balkans03642941 · Construction | <0.1% | 11,717€ | -27.6% | -15,641€ | -133.5% | 2 | 494€ |
| 60 | Sunny Palace03304345 · Construction | <0.1% | 11,501€ | -28.1% | 1,415€ | 12.3% | 1 | 407€ |
| 61 | Joborah02683733 · Construction | <0.1% | 10,419€ | +26.1% | -80,160€ | -769.4% | 1 | 338€ |
| 62 | MD Team03055132 · Construction | <0.1% | 9,810€ | -85.7% | -5,556€ | -56.6% | 2 | 622€ |
| 63 | Don Construction Group03768864 · Construction | <0.1% | 9,430€ | No filing for 2024. | -9,053€ | -96.0% | 4 | — |
| 64 | Ecosmart Invest03246957 · Construction | <0.1% | 9,342€ | -97.1% | -271,714€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 3 | 384€ |
| 65 | Renova Adriatic03459616 · Construction | <0.1% | 8,923€ | +127.0% | -6,928€ | -77.6% | 1 | 675€ |
| 66 | Adriatic Wellness Arhitects03704874 · Construction | <0.1% | 8,500€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,071€ | -24.4% | 1 | 802€ |
| 67 | Lake Properties02637693 · Construction | <0.1% | 7,934€ | 0.0% | -32,424€ | -408.7% | 1 | — |
| 68 | Princ & Co02628449 · Construction | <0.1% | 5,462€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9€ | -0.2% | 1 | — |
| 69 | Oleandr03775852 · Construction | <0.1% | 4,680€ | No filing for 2024. | 571€ | 12.2% | 1 | 308€ |
| 70 | Mediteran Construction03778614 · Construction | <0.1% | 4,400€ | No filing for 2024. | -2,173€ | -49.4% | 1 | 530€ |
| 71 | Dil - Tim03278689 · Construction | <0.1% | 4,140€ | +14.6% | -9€ | -0.2% | 1 | 337€ |
| 72 | Srdoč03242609 · Construction | <0.1% | 3,826€ | +347.0% | -4,614€ | -120.6% | 1 | 678€ |
| 73 | Bright Investments02840413 · Construction | <0.1% | 3,620€ | -85.1% | -7,197€ | -198.8% | 1 | 689€ |
| 74 | Dimonte Solution03246299 · Construction | <0.1% | 3,540€ | -72.9% | -6,858€ | -193.7% | 1 | 675€ |
| 75 | Zonda Company03566790 · Construction | <0.1% | 3,350€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -5,315€ | -158.7% | 1 | 676€ |
| 76 | Sila Gradnja03787613 · Construction | <0.1% | 1,630€ | No filing for 2024. | -2,976€ | -182.6% | 1 | — |
| 77 | Vali Krasniqi Group03770257 · Construction | <0.1% | 1,400€ | No filing for 2024. | -3,879€ | -277.1% | 1 | 437€ |
| 78 | Sun Sea Developments02624800 · Construction | <0.1% | 749€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -60,652€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 508€ |
| 79 | Nermax03758745 · Construction | <0.1% | 400€ | No filing for 2024. | -4,684€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 423€ |
| 80 | Anđelić Group Construction03786196 · Construction | <0.1% | 3€ | No filing for 2024. | -105,866€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 0 | — |
| 81 | Dobrota Residence03563499 · Construction | <0.1% | 1€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -51,282€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 509€ |
| 82 | Unedo03654770 · Construction | <0.1% | 1€ | 0.0% | -15,551€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 338€ |
| 83 | Agios Cop03542645 · Construction | 0.0% | 0€ | -100.0% | -15,513€ | — | 1 | 678€ |
| 84 | Djordanika03805964 · Construction | 0.0% | 0€ | No filing for 2024. | -340€ | — | 1 | — |
| 85 | Abm Smart Systems03609880 · Construction | 0.0% | 0€ | -100.0% | 0€ | — | — | — |
| 86 | Anchorman Holdings Inc (montenegro)02891891 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -51,289€ | — | 1 | 415€ |
| 87 | Cattaro Invest03627527 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -48,820€ | — | 1 | 338€ |
| 88 | Dalamit02762501 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -51,233€ | — | 1 | 1,292€ |
| 89 | E&A Global Investments, Land Development and Constructions03195805 · Construction | 0.0% | 0€ | -100.0% | -9,704€ | — | 1 | 678€ |
| 90 | Ease&Trust03516539 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -10,358€ | — | 1 | 341€ |
| 91 | Energocontractor03803546 · Construction | 0.0% | 0€ | No filing for 2024. | -846€ | — | 1 | — |
| 92 | Galaxy Europe03284166 · Construction | 0.0% | 0€ | -100.0% | -120,731€ | — | 1 | 1,638€ |
| 93 | G Force03474941 · Construction | 0.0% | 0€ | -100.0% | 0€ | — | — | — |
| 94 | Hill Side03774503 · Construction | 0.0% | 0€ | No filing for 2024. | -1,884€ | — | 1 | — |
| 95 | Iceh02891310 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -10,607€ | — | 1 | — |
| 96 | Lan Invest03490521 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -10,765€ | — | 1 | 675€ |
| 97 | Mehraz03528766 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -17,343€ | — | 1 | 929€ |
| 98 | Montenegro Golf Course02873001 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -13,828€ | — | 1 | 857€ |
| 99 | Mountain Estate03620794 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,099€ | — | 1 | 675€ |
| 100 | Pastorala03275434 · Construction | 0.0% | 0€ | -100.0% | -3,833€ | — | 1 | 313€ |