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 201–250 of 270
* 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* |
|---|
| 201 | Pearl White03751805 · Trade | <0.1% | 1,996€ | No filing for 2024. | -14,820€ | -742.5% | 0 | — |
| 202 | Adriatic Queen03361314 · Trade | <0.1% | 1,911€ | -7.9% | -4,667€ | -244.2% | 2 | — |
| 203 | End03746933 · Trade | <0.1% | 1,701€ | No filing for 2024. | -13,162€ | -773.8% | 2 | 571€ |
| 204 | Ayduu03622878 · Trade | <0.1% | 1,539€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -10,221€ | -664.1% | 1 | 680€ |
| 205 | Verde Elegante03710815 · Trade | <0.1% | 1,347€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -10,973€ | -814.6% | 1 | 466€ |
| 206 | Green Montenegro03546209 · Trade | <0.1% | 1,264€ | -76.5% | -3,667€ | -290.1% | 1 | — |
| 207 | Kotorske Mačke11075223 · Trade | <0.1% | 1,218€ | -74.4% | 1,187€ | 97.5% | 0 | — |
| 208 | Kalita03251462 · Trade | <0.1% | 1,105€ | -45.0% | -7,106€ | -643.1% | 1 | 681€ |
| 209 | Guckiran03598713 · Trade | <0.1% | 419€ | -93.6% | -13,511€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 707€ |
| 210 | Rich Children02654989 · Trade | <0.1% | 380€ | -86.6% | -9,174€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 676€ |
| 211 | Karaman02348632 · Trade | <0.1% | 89€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -875€ | -983.1% | 1 | — |
| 212 | Acruvium03169669 · Trade | 0.0% | 0€ | -100.0% | -4,172€ | — | 1 | 343€ |
| 213 | Bay02980193 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,048€ | — | 1 | — |
| 214 | Arwen Mne03713806 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,118€ | — | 1 | 927€ |
| 215 | Arya Mne03773469 · Trade | 0.0% | 0€ | No filing for 2024. | -3,759€ | — | 1 | 313€ |
| 216 | B & E03731375 · Trade | 0.0% | 0€ | No filing for 2024. | -13,529€ | — | 1 | 593€ |
| 217 | Big Sea Company03629414 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,141€ | — | 1 | 678€ |
| 218 | Cattaro Adventure03122743 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -23,345€ | — | 3 | 641€ |
| 219 | Cattaro Petrol03533328 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,069€ | — | 1 | 338€ |
| 220 | Cicero Mne03773434 · Trade | 0.0% | 0€ | No filing for 2024. | -9,174€ | — | 1 | 765€ |
| 221 | DR Art03180247 · Trade | 0.0% | 0€ | -100.0% | 0€ | — | — | — |
| 222 | Efficio Technology03719383 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,190€ | — | 1 | 683€ |
| 223 | Fabrika MVMB03521516 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,986€ | — | 1 | — |
| 224 | Fugi-Art Mne03760456 · Trade | 0.0% | 0€ | No filing for 2024. | -4,675€ | — | 1 | 390€ |
| 225 | Hwa Kiang Trading03697134 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,086€ | — | 1 | 675€ |
| 226 | Ikisa Company03624056 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 0€ | — | — | — |
| 227 | Kotor A&A02910446 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,313€ | — | 1 | 678€ |
| 228 | Kotoranin03509770 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,211€ | — | 1 | 675€ |
| 229 | Magud Metal03008878 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,051€ | — | 1 | 338€ |
| 230 | Mge Company03713989 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,118€ | — | 1 | 927€ |
| 231 | Mida Mi Mne03609464 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,770€ | — | 1 | 678€ |
| 232 | Mordeniz Mne03692221 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,439€ | — | 1 | 678€ |
| 233 | Nidi03110087 · Trade | 0.0% | 0€ | -100.0% | 0€ | — | — | — |
| 234 | Niksen-Trade-Čavor02228912 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -5,695€ | — | 1 | 339€ |
| 235 | OG&UG03770443 · Trade | 0.0% | 0€ | No filing for 2024. | -1,218€ | — | 1 | — |
| 236 | Parlevu03554384 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,202€ | — | 1 | 674€ |
| 237 | Port Adriatic03371387 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,179€ | — | 1 | 677€ |
| 238 | Ruska Garaža03306046 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,062€ | — | 1 | 338€ |
| 239 | Sea Pack03405281 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -5,507€ | — | 1 | 327€ |
| 240 | Toyka Trading03403475 · Trade | 0.0% | 0€ | -100.0% | -19,754€ | — | 2 | 622€ |
| 241 | Uliks 199403125297 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,517€ | — | 1 | — |
| 242 | Vetlekar03328732 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,508€ | — | 1 | 924€ |
| 243 | Yener & Yusuf03164543 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,570€ | — | 1 | 678€ |
| 244 | Ysillo Mne03760545 · Trade | 0.0% | 0€ | No filing for 2024. | -4,737€ | — | 1 | 395€ |
| 245 | 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€ |
| 246 | Freedom - Trade03045692 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,135€ | — | 1 | — |
| 247 | Zenith Mne03760405 · Trade | 0.0% | 0€ | No filing for 2024. | -21,533€ | — | 1 | — |
| 248 | Zomima02108364 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -640€ | — | 1 | — |
| 249 | Vujović Garden03176444 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,458€ | — | 1 | — |
| 250 | Farman Sapori Kotor02325578 · Trade | 0.0% | 0€ | -100.0% | -4,103€ | — | 1 | 338€ |