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 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* |
|---|
| 51 | Mivis02828626 · Trade | 0.3% | 1,327,955€ | -8.6% | 18,193€ | 1.4% | 4 | 358€ |
| 52 | Bbi Development03320871 · Construction | 0.3% | 1,286,222€ | +8,012.4% | 889,318€ | 69.1% | 2 | 5,112€ |
| 53 | Trony Network02780089 · Technology | 0.3% | 1,274,022€ | +32.6% | 244,587€ | 19.2% | 12 | 1,419€ |
| 54 | Green Story03412571 · Trade | 0.3% | 1,270,381€ | +34.4% | 136,108€ | 10.7% | 6 | 1,224€ |
| 55 | Nikol Montenegro03115291 · Hospitality | 0.3% | 1,258,782€ | +31.9% | 217,486€ | 17.3% | 18 | 1,545€ |
| 56 | Ice Cool03287262 · Hospitality | 0.3% | 1,254,412€ | +21.1% | 348,838€ | 27.8% | 16 | 2,209€ |
| 57 | Larry & Brother's Company02057760 · Hospitality | 0.2% | 1,219,526€ | +23.6% | 242,174€ | 19.9% | 22 | 1,460€ |
| 58 | La Miniera03335747 · Hospitality | 0.2% | 1,219,279€ | -28.1% | -462,729€ | -38.0% | 27 | 2,002€ |
| 59 | S & i - Lim03127567 · Trade | 0.2% | 1,182,548€ | +89.1% | 44,399€ | 3.8% | 1 | 680€ |
| 60 | Aesculap02432579 · Trade | 0.2% | 1,162,693€ | +2.6% | 94,058€ | 8.1% | 5 | 1,510€ |
| 61 | Đuković02640147 · Transport & logistics | 0.2% | 1,131,768€ | +7.6% | 233,644€ | 20.6% | 38 | 655€ |
| 62 | M.L.S. Company02684713 · Manufacturing | 0.2% | 1,112,226€ | +32.1% | 40,688€ | 3.7% | 15 | 929€ |
| 63 | Kotor Shuttle03669017 · Administrative services | 0.2% | 1,102,781€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 124,634€ | 11.3% | 6 | 1,559€ |
| 64 | Texmontoil02408147 · Transport & logistics | 0.2% | 1,086,708€ | +18.6% | 161,981€ | 14.9% | 16 | 1,011€ |
| 65 | Jakšić03279812 · Hospitality | 0.2% | 1,070,701€ | +5.5% | 133,148€ | 12.4% | 21 | 956€ |
| 66 | Piastra02658542 · Hospitality | 0.2% | 1,062,610€ | +38.0% | 152,662€ | 14.4% | 25 | 603€ |
| 67 | Lingu02463407 · Hospitality | 0.2% | 1,041,894€ | +10.0% | 30,966€ | 3.0% | 22 | 914€ |
| 68 | Banfi02082586 · Hospitality | 0.2% | 1,034,216€ | -8.8% | 56,396€ | 5.5% | 15 | 1,774€ |
| 69 | Hotel Splendido Management Company02834545 · Hospitality | 0.2% | 994,190€ | -9.3% | -95,423€ | -9.6% | 27 | 1,407€ |
| 70 | Little Bay03347630 · Hospitality | 0.2% | 969,554€ | +31.0% | 217,759€ | 22.5% | 3 | 393€ |
| 71 | Autoboka02013045 · Transport & logistics | 0.2% | 967,066€ | +29.5% | 336,081€ | 34.8% | 13 | 1,834€ |
| 72 | BCM Group03167437 · Transport & logistics | 0.2% | 966,415€ | +9.0% | 121,445€ | 12.6% | 19 | 1,280€ |
| 73 | Milunović Co Trade02336456 · Trade | 0.2% | 952,708€ | -1.7% | 40,114€ | 4.2% | 6 | 717€ |
| 74 | Unel02411563 · Trade | 0.2% | 938,394€ | +98.3% | 96,936€ | 10.3% | 8 | 1,376€ |
| 75 | Meat & Wine03119122 · Hospitality | 0.2% | 924,639€ | No filing for 2024. | 228,667€ | 24.7% | 7 | 1,635€ |
| 76 | Wine Bar Cesare03226000 · Hospitality | 0.2% | 924,639€ | -0.4% | 228,667€ | 24.7% | 7 | 1,635€ |
| 77 | Portorico02838290 · Hospitality | 0.2% | 922,476€ | +0.7% | 154,055€ | 16.7% | 17 | 901€ |
| 78 | Mondo Verde02427699 · Agriculture | 0.2% | 920,224€ | -3.0% | 52,217€ | 5.7% | 11 | 1,266€ |
| 79 | Enforma02622157 · Professional services | 0.2% | 919,630€ | +74.9% | 122,648€ | 13.3% | 13 | 1,575€ |
| 80 | Jadran Ekspres02873192 · Transport & logistics | 0.2% | 911,734€ | -15.0% | -51,831€ | -5.7% | 19 | 1,258€ |
| 81 | Old Town Travel03020452 · Transport & logistics | 0.2% | 897,883€ | +10.0% | 8,073€ | 0.9% | 21 | 1,120€ |
| 82 | Đir Taxi02666600 · Transport & logistics | 0.2% | 895,481€ | +5.4% | 26,135€ | 2.9% | 27 | 640€ |
| 83 | Arco & Co02931532 · Hospitality | 0.2% | 893,883€ | -14.1% | 185,410€ | 20.7% | 15 | 1,373€ |
| 84 | Mnađ03328457 · Hospitality | 0.2% | 844,598€ | +0.1% | 27,422€ | 3.2% | 15 | 1,121€ |
| 85 | Vizin Travel02377519 · Administrative services | 0.2% | 842,195€ | +16.8% | 15,629€ | 1.9% | 2 | 1,088€ |
| 86 | Ko-Company03088944 · Hospitality | 0.2% | 836,419€ | +9.4% | 162,045€ | 19.4% | 16 | 836€ |
| 87 | Info Turizm03751538 · Hospitality | 0.2% | 827,424€ | No filing for 2024. | 136,795€ | 16.5% | 5 | 981€ |
| 88 | M&M Group03527743 · Hospitality | 0.2% | 818,236€ | +46.0% | 64,536€ | 7.9% | 17 | 1,420€ |
| 89 | Katarea02405539 · Trade | 0.2% | 817,171€ | +3.2% | 82,529€ | 10.1% | 8 | 874€ |
| 90 | Shuli03184790 · Construction | 0.2% | 791,833€ | +38.1% | 65,656€ | 8.3% | 12 | 830€ |
| 91 | DM Yachting03038076 · Transport & logistics | 0.2% | 782,843€ | +20.9% | 65,815€ | 8.4% | 2 | 3,977€ |
| 92 | Borozan02798085 · Hospitality | 0.2% | 768,895€ | -8.9% | 4,091€ | 0.5% | 19 | 1,196€ |
| 93 | DRM Maritime Services02619458 · Transport & logistics | 0.2% | 759,090€ | +19.9% | 12,700€ | 1.7% | 2 | 1,942€ |
| 94 | Playboy02992540 · Hospitality | 0.2% | 758,781€ | -2.0% | 201,139€ | 26.5% | 9 | 1,340€ |
| 95 | Balkan Deri03158004 · Trade | 0.2% | 751,691€ | -11.6% | 148,104€ | 19.7% | 9 | 1,501€ |
| 96 | Bonazza03740587 · Hospitality | 0.1% | 745,514€ | No filing for 2024. | 221,153€ | 29.7% | 0 | — |
| 97 | MVS Select03225356 · Hospitality | 0.1% | 742,013€ | -5.1% | 32,167€ | 4.3% | 17 | 1,002€ |
| 98 | Siempre03023516 · Hospitality | 0.1% | 739,028€ | +1.7% | 151,854€ | 20.5% | 18 | 1,052€ |
| 99 | Restobar Taraca02815192 · Hospitality | 0.1% | 734,924€ | +2.9% | 51,202€ | 7.0% | 17 | 1,353€ |
| 100 | Zuko Trade03166210 · Trade | 0.1% | 714,360€ | +1.5% | 125,524€ | 17.6% | 8 | 1,474€ |