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 51–71 of 71
* 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 | Gudco02292203 · Manufacturing | <0.1% | 11,657€ | -75.2% | -33,348€ | -286.1% | 2 | 328€ |
| 52 | Mićić Paint03308227 · Manufacturing | <0.1% | 9,339€ | -73.1% | -16,957€ | -181.6% | 2 | 529€ |
| 53 | Quick Ice03640884 · Manufacturing | <0.1% | 7,927€ | +8,611.0% | -22,723€ | -286.7% | 1 | — |
| 54 | Stanlio & Olio03748561 · Manufacturing | <0.1% | 7,926€ | No filing for 2024. | -1,961€ | -24.7% | 1 | — |
| 55 | Giljača Company03303098 · Manufacturing | <0.1% | 6,631€ | -16.4% | 1,666€ | 25.1% | 1 | 338€ |
| 56 | Atelier Morlandi03415821 · Manufacturing | <0.1% | 5,784€ | -53.0% | -5,398€ | -93.3% | 1 | 677€ |
| 57 | Adriatic Creatives03528880 · Manufacturing | <0.1% | 5,540€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -14,361€ | -259.2% | 1 | 1,434€ |
| 58 | Aluexpert03744370 · Manufacturing | <0.1% | 5,179€ | No filing for 2024. | -2,267€ | -43.8% | 1 | 525€ |
| 59 | Fantasia Group03548481 · Manufacturing | <0.1% | 4,804€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -14,465€ | -301.1% | 2 | 677€ |
| 60 | Navora03765083 · Manufacturing | <0.1% | 3,425€ | No filing for 2024. | -1,325€ | -38.7% | 1 | 373€ |
| 61 | Total Mont03146804 · Manufacturing | <0.1% | 161€ | -94.3% | -31,262€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 675€ |
| 62 | Katin Domik03437299 · Manufacturing | 0.0% | 0€ | -100.0% | 0€ | — | — | — |
| 63 | E&M03792366 · Manufacturing | 0.0% | 0€ | No filing for 2024. | -2,025€ | — | 1 | — |
| 64 | Euro Beton CG03154360 · Manufacturing | 0.0% | 0€ | -100.0% | -28,729€ | — | 1 | 337€ |
| 65 | Mechanic02972557 · Manufacturing | 0.0% | 0€ | -100.0% | -23,100€ | — | 3 | 424€ |
| 66 | Sugar Family03361586 · Manufacturing | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,035€ | — | 0 | — |
| 67 | Vorfaj S03000176 · Manufacturing | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,122€ | — | 1 | 675€ |
| 68 | Ferrosteel02748860 · Manufacturing | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -10,310€ | — | 1 | 675€ |
| 69 | Old Bridge02844494 · Manufacturing | 0.0% | 0€ | -100.0% | -2,607€ | — | 1 | — |
| 70 | Rad Plus02950278 · Manufacturing | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -6,093€ | — | 1 | 508€ |
| 71 | Žu-Žu03107612 · Manufacturing | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,031€ | — | 1 | — |