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 1201–1250 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* |
|---|
| 1201 | Turmonte03387542 · Real estate | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,201€ | — | 1 | 929€ |
| 1202 | Uliks 199403125297 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,517€ | — | 1 | — |
| 1203 | United Balkan Group02998971 · Real estate | 0.0% | 0€ | -100.0% | -13,072€ | — | 2 | 509€ |
| 1204 | Urban Jungle03535258 · Professional services | 0.0% | 0€ | -100.0% | -8,165€ | — | 1 | 675€ |
| 1205 | Vda Gradnja03799735 · Construction | 0.0% | 0€ | No filing for 2024. | -816€ | — | 1 | — |
| 1206 | Velazquez Azurite Holdings02868172 · Agriculture | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -3,906€ | — | 1 | — |
| 1207 | Vesko Trade02718847 · Transport & logistics | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -3,050€ | — | 1 | — |
| 1208 | Vetlekar03328732 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,508€ | — | 1 | 924€ |
| 1209 | Vikal03792315 · Agriculture | 0.0% | 0€ | No filing for 2024. | -1,607€ | — | 1 | — |
| 1210 | Villa Petra Stoliv03492940 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,607€ | — | 1 | — |
| 1211 | Viva La Vida03325253 · Professional services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,192€ | — | 1 | 678€ |
| 1212 | Winner Wave Labone03641627 · Transport & logistics | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -5,057€ | — | 1 | 342€ |
| 1213 | World Game02887479 · Arts & entertainment | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -16,282€ | — | 2 | 678€ |
| 1214 | Yener & Yusuf03164543 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,570€ | — | 1 | 678€ |
| 1215 | Ysillo Mne03760545 · Trade | 0.0% | 0€ | No filing for 2024. | -4,737€ | — | 1 | 395€ |
| 1216 | Yukkistey03489167 · Personal services | 0.0% | 0€ | -100.0% | -9,254€ | — | 1 | 675€ |
| 1217 | VRL Constuction03795004 · Construction | 0.0% | 0€ | No filing for 2024. | -1,317€ | — | 2 | — |
| 1218 | Unique Projects02773228 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -16,371€ | — | 1 | 1,350€ |
| 1219 | Gradnja Invest02652358 · Professional services | 0.0% | 0€ | -100.0% | -13,528€ | — | 1 | 675€ |
| 1220 | Trinita02686899 · Real estate | 0.0% | 0€ | -100.0% | -11,427€ | — | 1 | 412€ |
| 1221 | Durmitor Resorts02652196 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -28,226€ | — | 2 | 1,174€ |
| 1222 | Euro Gulf Estates02643367 · Real estate | 0.0% | 0€ | -100.0% | -468,880€ | — | 1 | 678€ |
| 1223 | ND Bonaca03178307 · Hospitality | 0.0% | 0€ | -100.0% | -23,083€ | — | 2 | 612€ |
| 1224 | Solemar03018873 · Hospitality | 0.0% | 0€ | -100.0% | -49,484€ | — | 1 | 1,320€ |
| 1225 | Pelister02416328 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -26,991€ | — | 1 | 678€ |
| 1226 | Vorfaj S03000176 · Manufacturing | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,122€ | — | 1 | 675€ |
| 1227 | Bastion Development02668572 · Construction | 0.0% | 0€ | -100.0% | -10,909€ | — | 1 | 677€ |
| 1228 | Cattv02444160 · Technology | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,070€ | — | 1 | 337€ |
| 1229 | House of White03096475 · Administrative services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -1€ | — | 1 | — |
| 1230 | Freedom - Trade03045692 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,135€ | — | 1 | — |
| 1231 | Basilico Apartments03736539 · Hospitality | 0.0% | 0€ | No filing for 2024. | -6,875€ | — | 1 | 573€ |
| 1232 | Mindware03459802 · Administrative services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -15,693€ | — | 1 | 929€ |
| 1233 | Tramonto Cafe03704491 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -19,093€ | — | 2 | 791€ |
| 1234 | Baba Yaga03510468 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,139€ | — | 1 | 678€ |
| 1235 | Zdravković03241700 · Construction | 0.0% | 0€ | -100.0% | -4,943€ | — | 1 | 338€ |
| 1236 | Zenith Mne03760405 · Trade | 0.0% | 0€ | No filing for 2024. | -21,533€ | — | 1 | — |
| 1237 | Zomima02108364 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -640€ | — | 1 | — |
| 1238 | Zvipp03086283 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,943€ | — | 1 | 338€ |
| 1239 | Vujović Garden03176444 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,458€ | — | 1 | — |
| 1240 | Alfa Development02903652 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -10,932€ | — | 1 | 911€ |
| 1241 | Boka Security02405130 · Administrative services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,303€ | — | 1 | 678€ |
| 1242 | Danali02749572 · Real estate | 0.0% | 0€ | -100.0% | -52,624€ | — | 1 | 677€ |
| 1243 | Dolcezza03437230 · Hospitality | 0.0% | 0€ | -100.0% | 0€ | — | — | — |
| 1244 | Farman Sapori Kotor02325578 · Trade | 0.0% | 0€ | -100.0% | -4,103€ | — | 1 | 338€ |
| 1245 | Ferrosteel02748860 · Manufacturing | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -10,310€ | — | 1 | 675€ |
| 1246 | Fortis Investment Group03644634 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -20,480€ | — | 1 | 704€ |
| 1247 | Kotor Invest02695758 · Professional services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -28,437€ | — | 3 | — |
| 1248 | Kotor Resorts02652188 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,974€ | — | 1 | 748€ |
| 1249 | Ličanka03001695 · Trade | 0.0% | 0€ | -100.0% | 0€ | — | — | — |
| 1250 | Luur Group03126943 · Construction | 0.0% | 0€ | -100.0% | -22,607€ | — | 2 | 638€ |