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 222
* 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 | Džo03066304 · Hospitality | 0.1% | 514,690€ | +18.2% | 32,670€ | 6.3% | 9 | 1,143€ |
| 52 | Grota02454262 · Hospitality | 0.1% | 505,906€ | +14.1% | 55,030€ | 10.9% | 8 | 2,229€ |
| 53 | Balloon02356597 · Hospitality | 0.1% | 497,957€ | +76.4% | 138,216€ | 27.8% | 8 | 1,151€ |
| 54 | Virtus Mne03092097 · Hospitality | <0.1% | 479,000€ | -8.1% | 169,271€ | 35.3% | 5 | 474€ |
| 55 | Braća Radanović02090031 · Hospitality | <0.1% | 470,357€ | +2.2% | 112,344€ | 23.9% | 12 | 1,004€ |
| 56 | Tartufo03531309 · Hospitality | <0.1% | 468,698€ | +47.3% | 90,515€ | 19.3% | 4 | 711€ |
| 57 | Abrum Company03412601 · Hospitality | <0.1% | 468,065€ | +4.2% | 94,235€ | 20.1% | 11 | 1,228€ |
| 58 | Ombra03504662 · Hospitality | <0.1% | 415,977€ | +10.2% | -2,693€ | -0.6% | 10 | 1,055€ |
| 59 | MNVD02995409 · Hospitality | <0.1% | 409,323€ | -4.1% | 9,022€ | 2.2% | 11 | 1,037€ |
| 60 | Avantiro02987422 · Hospitality | <0.1% | 406,996€ | -1.0% | 20,982€ | 5.2% | 14 | 878€ |
| 61 | Boka Gardens03090337 · Hospitality | <0.1% | 378,395€ | -7.5% | 48,879€ | 12.9% | 2 | 8,091€ |
| 62 | Trpeza Club02986302 · Hospitality | <0.1% | 362,698€ | +36.0% | 107,502€ | 29.6% | 6 | 821€ |
| 63 | Third Element03407977 · Hospitality | <0.1% | 359,694€ | -16.0% | 91,112€ | 25.3% | 9 | 990€ |
| 64 | Pržun03115232 · Hospitality | <0.1% | 356,669€ | -3.7% | 38,944€ | 10.9% | 6 | 703€ |
| 65 | Innovasense03276490 · Hospitality | <0.1% | 356,520€ | +15.5% | 86,384€ | 24.2% | 4 | 894€ |
| 66 | Kridzoni Company03668266 · Hospitality | <0.1% | 351,209€ | +71.2% | 101,480€ | 28.9% | 4 | 1,661€ |
| 67 | Čokolatino02806819 · Hospitality | <0.1% | 350,601€ | -22.1% | 10,713€ | 3.1% | 11 | 930€ |
| 68 | Nin02383870 · Hospitality | <0.1% | 346,261€ | +8.2% | -45,939€ | -13.3% | 10 | 1,639€ |
| 69 | No 6503538303 · Hospitality | <0.1% | 333,263€ | +6.4% | 80,469€ | 24.1% | 6 | 854€ |
| 70 | Tutin Co03271595 · Hospitality | <0.1% | 326,246€ | +24.8% | -58,974€ | -18.1% | 10 | 859€ |
| 71 | Il Lupo03122913 · Hospitality | <0.1% | 323,130€ | -11.1% | 19,674€ | 6.1% | 7 | 1,158€ |
| 72 | Lauera03159353 · Hospitality | <0.1% | 317,271€ | -13.7% | -128,173€ | -40.4% | 8 | 1,288€ |
| 73 | Miličica-Milica Mica03711943 · Hospitality | <0.1% | 316,193€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 8,028€ | 2.5% | 6 | 513€ |
| 74 | Lješevići03011607 · Hospitality | <0.1% | 310,401€ | +56.2% | 49,663€ | 16.0% | 3 | 1,011€ |
| 75 | Montenegro Luxury Hotels and Resorts03307166 · Hospitality | <0.1% | 308,930€ | +984.4% | 127,847€ | 41.4% | 10 | — |
| 76 | Kodva03524027 · Hospitality | <0.1% | 305,042€ | +2,072.5% | 40,224€ | 13.2% | 3 | 819€ |
| 77 | Pama Montenegro03750078 · Hospitality | <0.1% | 302,402€ | No filing for 2024. | 39,976€ | 13.2% | 4 | 833€ |
| 78 | Mon Bistro Cafeterie03365611 · Hospitality | <0.1% | 294,568€ | +22.7% | 18,814€ | 6.4% | 9 | 1,044€ |
| 79 | La Dolce Vita Hospitality Group03527778 · Hospitality | <0.1% | 289,588€ | -3.6% | 42,615€ | 14.7% | 6 | 980€ |
| 80 | Qwerty Investment02819023 · Hospitality | <0.1% | 277,474€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -118,989€ | -42.9% | 4 | 654€ |
| 81 | Eho03720365 · Hospitality | <0.1% | 276,111€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -99,064€ | -35.9% | 9 | 1,429€ |
| 82 | Anamont02645602 · Hospitality | <0.1% | 275,751€ | -22.8% | 9,027€ | 3.3% | 6 | 1,434€ |
| 83 | Max & Alex02907062 · Hospitality | <0.1% | 274,444€ | -21.6% | -7,044€ | -2.6% | 7 | 1,702€ |
| 84 | Del Sol03358445 · Hospitality | <0.1% | 274,103€ | +44.6% | 42,777€ | 15.6% | 3 | 2,129€ |
| 85 | Pronto A.A.A.03743349 · Hospitality | <0.1% | 269,253€ | No filing for 2024. | 11,871€ | 4.4% | 10 | 457€ |
| 86 | Usluga Plus03418111 · Hospitality | <0.1% | 262,322€ | -38.3% | -99,100€ | -37.8% | 1 | 1,321€ |
| 87 | Dobrota Company Mne03538265 · Hospitality | <0.1% | 248,848€ | +15.3% | 6,681€ | 2.7% | 7 | 612€ |
| 88 | Nasdve03118398 · Hospitality | <0.1% | 244,181€ | -33.8% | -130,226€ | -53.3% | 5 | 1,527€ |
| 89 | Antika & Guest House03632571 · Hospitality | <0.1% | 240,964€ | +10.8% | 12,145€ | 5.0% | 6 | 1,173€ |
| 90 | Vukas Tourism03650600 · Hospitality | <0.1% | 225,453€ | +35.0% | 112,203€ | 49.8% | 2 | 734€ |
| 91 | Deamat03219364 · Hospitality | <0.1% | 219,486€ | +45.9% | -2,431€ | -1.1% | 4 | 982€ |
| 92 | Eds02866846 · Hospitality | <0.1% | 219,151€ | -3.9% | 8,473€ | 3.9% | 5 | 892€ |
| 93 | Boka Porta02924340 · Hospitality | <0.1% | 211,929€ | +6.5% | -80,859€ | -38.2% | 3 | 772€ |
| 94 | Ko - Caffe03066355 · Hospitality | <0.1% | 207,794€ | +73.0% | 55,120€ | 26.5% | 4 | 715€ |
| 95 | Tianis03107531 · Hospitality | <0.1% | 200,804€ | +54.2% | -5,064€ | -2.5% | 4 | 1,459€ |
| 96 | Marvel Tourism03589293 · Hospitality | <0.1% | 198,213€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -24,558€ | -12.4% | 6 | 535€ |
| 97 | Initium Company03413071 · Hospitality | <0.1% | 194,340€ | +27.9% | 6,996€ | 3.6% | 5 | 1,049€ |
| 98 | Persons Co03353796 · Hospitality | <0.1% | 187,256€ | +14.8% | 23,266€ | 12.4% | 6 | 1,148€ |
| 99 | Ponta Risan03187209 · Hospitality | <0.1% | 183,758€ | +19.7% | 30,672€ | 16.7% | 4 | 1,010€ |
| 100 | Pupa03125033 · Hospitality | <0.1% | 182,451€ | +6.8% | 8,432€ | 4.6% | 3 | 1,051€ |