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 151–200 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* |
|---|
| 151 | Design Beauty03294781 · Professional services | <0.1% | 448,724€ | +251.6% | 68,861€ | 15.3% | 1 | 1,391€ |
| 152 | MMSS803691799 · Trade | <0.1% | 444,766€ | +75,669.3% | 150,372€ | 33.8% | 6 | 889€ |
| 153 | Fortezza02780747 · Trade | <0.1% | 443,703€ | +9.9% | 105,241€ | 23.7% | 9 | 767€ |
| 154 | Lusso Montenegro02876400 · Trade | <0.1% | 442,577€ | +73.6% | -47,363€ | -10.7% | 3 | 1,133€ |
| 155 | Trašte02376539 · Construction | <0.1% | 437,563€ | +48.6% | 83,255€ | 19.0% | 6 | 739€ |
| 156 | Kotor Open Tour02878623 · Administrative services | <0.1% | 431,773€ | +41.7% | 8,687€ | 2.0% | 8 | 1,299€ |
| 157 | 3007 Travel Solutions03646092 · Administrative services | <0.1% | 429,705€ | +373.5% | -382,133€ | -88.9% | 2 | 1,060€ |
| 158 | Miro&Sons02464861 · Administrative services | <0.1% | 429,520€ | +7.4% | 8,589€ | 2.0% | 10 | 1,903€ |
| 159 | Pima02050242 · Trade | <0.1% | 427,312€ | -27.5% | 10,428€ | 2.4% | 1 | 2,267€ |
| 160 | Dream Yacht Montenegro03351068 · Administrative services | <0.1% | 421,074€ | -22.9% | 8,355€ | 2.0% | 4 | 1,598€ |
| 161 | Vic Fil02223783 · Trade | <0.1% | 418,278€ | -17.3% | 20,934€ | 5.0% | 15 | 941€ |
| 162 | Ombra03504662 · Hospitality | <0.1% | 415,977€ | +10.2% | -2,693€ | -0.6% | 10 | 1,055€ |
| 163 | MNVD02995409 · Hospitality | <0.1% | 409,323€ | -4.1% | 9,022€ | 2.2% | 11 | 1,037€ |
| 164 | Avantiro02987422 · Hospitality | <0.1% | 406,996€ | -1.0% | 20,982€ | 5.2% | 14 | 878€ |
| 165 | Autoremont - Lmi02641615 · Professional services | <0.1% | 406,421€ | +9.1% | 79,600€ | 19.6% | 12 | 1,137€ |
| 166 | Asisa Montenegro03327990 · Construction | <0.1% | 406,334€ | +1,145.1% | -52,017€ | -12.8% | 1 | 2,008€ |
| 167 | SK Land-Invest03240347 · Manufacturing | <0.1% | 390,984€ | +53.7% | -42,316€ | -10.8% | 2 | 762€ |
| 168 | Mass-Light03717160 · Trade | <0.1% | 386,286€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 36,171€ | 9.4% | 4 | 1,181€ |
| 169 | Popeye02700719 · Transport & logistics | <0.1% | 382,986€ | -3.3% | 844€ | 0.2% | 5 | 892€ |
| 170 | Franović02194767 · Construction | <0.1% | 381,607€ | +156.3% | 5,247€ | 1.4% | 11 | 731€ |
| 171 | Kolpa Zeta02381869 · Trade | <0.1% | 381,327€ | -5.4% | 13,370€ | 3.5% | 2 | 1,503€ |
| 172 | Boka Gardens03090337 · Hospitality | <0.1% | 378,395€ | -7.5% | 48,879€ | 12.9% | 2 | 8,091€ |
| 173 | Yachtproservice Mne03241297 · Manufacturing | <0.1% | 365,576€ | -2.7% | 53,896€ | 14.7% | 5 | 614€ |
| 174 | Kotorski Sladoled03294471 · Manufacturing | <0.1% | 364,360€ | -14.7% | 2,654€ | 0.7% | 9 | 937€ |
| 175 | Silk and Silky03363295 · Trade | <0.1% | 364,312€ | +15.1% | 115,243€ | 31.6% | 3 | 1,490€ |
| 176 | Trpeza Club02986302 · Hospitality | <0.1% | 362,698€ | +36.0% | 107,502€ | 29.6% | 6 | 821€ |
| 177 | Third Element03407977 · Hospitality | <0.1% | 359,694€ | -16.0% | 91,112€ | 25.3% | 9 | 990€ |
| 178 | Touring02348705 · Transport & logistics | <0.1% | 358,308€ | +6.3% | -10,503€ | -2.9% | 7 | 806€ |
| 179 | Kotor Nest03145301 · Real estate | <0.1% | 356,686€ | +10.1% | 42,583€ | 11.9% | 5 | 1,696€ |
| 180 | Pržun03115232 · Hospitality | <0.1% | 356,669€ | -3.7% | 38,944€ | 10.9% | 6 | 703€ |
| 181 | Innovasense03276490 · Hospitality | <0.1% | 356,520€ | +15.5% | 86,384€ | 24.2% | 4 | 894€ |
| 182 | Kridzoni Company03668266 · Hospitality | <0.1% | 351,209€ | +71.2% | 101,480€ | 28.9% | 4 | 1,661€ |
| 183 | Petrol Servis02761696 · Trade | <0.1% | 350,927€ | +3.6% | 6,592€ | 1.9% | 7 | 922€ |
| 184 | Čokolatino02806819 · Hospitality | <0.1% | 350,601€ | -22.1% | 10,713€ | 3.1% | 11 | 930€ |
| 185 | Ekomont Invest03064450 · Real estate | <0.1% | 347,204€ | +169.5% | -20,266€ | -5.8% | 2 | 584€ |
| 186 | Nin02383870 · Hospitality | <0.1% | 346,261€ | +8.2% | -45,939€ | -13.3% | 10 | 1,639€ |
| 187 | Šotobraco03643204 · Trade | <0.1% | 336,010€ | +66.1% | 19,523€ | 5.8% | 4 | 1,193€ |
| 188 | Optiplaza03133133 · Trade | <0.1% | 334,653€ | -1.0% | 37,603€ | 11.2% | 5 | 987€ |
| 189 | No 6503538303 · Hospitality | <0.1% | 333,263€ | +6.4% | 80,469€ | 24.1% | 6 | 854€ |
| 190 | Mera03122409 · Trade | <0.1% | 330,634€ | -2.5% | 44,788€ | 13.5% | 8 | 1,345€ |
| 191 | RCV Milenković03324761 · Trade | <0.1% | 330,379€ | +24.7% | 40,526€ | 12.3% | 2 | 1,857€ |
| 192 | Donković02325209 · Trade | <0.1% | 330,000€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 174,482€ | 52.9% | 2 | 675€ |
| 193 | Vojas International03559513 · Arts & entertainment | <0.1% | 329,848€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -213,532€ | -64.7% | 9 | 2,270€ |
| 194 | Mminstitut03009670 · Professional services | <0.1% | 327,474€ | +19.3% | 91,710€ | 28.0% | 6 | 2,047€ |
| 195 | Tutin Co03271595 · Hospitality | <0.1% | 326,246€ | +24.8% | -58,974€ | -18.1% | 10 | 859€ |
| 196 | Zazen Health03262715 · Arts & entertainment | <0.1% | 325,563€ | +102.4% | 134,134€ | 41.2% | 13 | 913€ |
| 197 | Cattaro Home03435261 · Trade | <0.1% | 324,036€ | -12.0% | -149,384€ | -46.1% | 2 | 953€ |
| 198 | Il Lupo03122913 · Hospitality | <0.1% | 323,130€ | -11.1% | 19,674€ | 6.1% | 7 | 1,158€ |
| 199 | Monteroyal & Co03284352 · Trade | <0.1% | 321,468€ | -17.8% | 92,324€ | 28.7% | 3 | 3,288€ |
| 200 | Lauera03159353 · Hospitality | <0.1% | 317,271€ | -13.7% | -128,173€ | -40.4% | 8 | 1,288€ |