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 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* |
|---|
| 201 | 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€ |
| 202 | Radio - Kotor02042789 · Arts & entertainment | <0.1% | 314,747€ | +27.3% | 38,735€ | 12.3% | 13 | 1,544€ |
| 203 | Profesional Medic03345319 · Trade | <0.1% | 313,645€ | +42.7% | 24,814€ | 7.9% | 5 | 706€ |
| 204 | Lješevići03011607 · Hospitality | <0.1% | 310,401€ | +56.2% | 49,663€ | 16.0% | 3 | 1,011€ |
| 205 | Blue Laguna02812100 · Manufacturing | <0.1% | 309,278€ | -34.8% | -52,557€ | -17.0% | 9 | 1,202€ |
| 206 | Montenegro Luxury Hotels and Resorts03307166 · Hospitality | <0.1% | 308,930€ | +984.4% | 127,847€ | 41.4% | 10 | — |
| 207 | Adriatic Dogadjanja03557545 · Professional services | <0.1% | 308,612€ | +319.1% | 75,441€ | 24.4% | 2 | 2,280€ |
| 208 | Montenegro Shorex02964210 · Administrative services | <0.1% | 308,074€ | +2.1% | 31,969€ | 10.4% | 8 | 1,265€ |
| 209 | Kodva03524027 · Hospitality | <0.1% | 305,042€ | +2,072.5% | 40,224€ | 13.2% | 3 | 819€ |
| 210 | Pama Montenegro03750078 · Hospitality | <0.1% | 302,402€ | No filing for 2024. | 39,976€ | 13.2% | 4 | 833€ |
| 211 | Elink Group02418495 · Manufacturing | <0.1% | 299,220€ | +6.3% | 13,665€ | 4.6% | 12 | 596€ |
| 212 | Poolsolutions03163318 · Construction | <0.1% | 298,539€ | -28.4% | 19,763€ | 6.6% | 5 | 565€ |
| 213 | One Rug03539601 · Trade | <0.1% | 296,719€ | +5.5% | 35,395€ | 11.9% | 4 | 750€ |
| 214 | Mon Bistro Cafeterie03365611 · Hospitality | <0.1% | 294,568€ | +22.7% | 18,814€ | 6.4% | 9 | 1,044€ |
| 215 | Stirodom02649900 · Manufacturing | <0.1% | 291,412€ | -3.5% | 5,147€ | 1.8% | 4 | 902€ |
| 216 | Deki Trade02213184 · Trade | <0.1% | 291,334€ | +89.0% | 39,398€ | 13.5% | 5 | 651€ |
| 217 | La Dolce Vita Hospitality Group03527778 · Hospitality | <0.1% | 289,588€ | -3.6% | 42,615€ | 14.7% | 6 | 980€ |
| 218 | SB Castellum03360628 · Administrative services | <0.1% | 285,317€ | +50.9% | -238€ | -0.1% | 5 | 1,046€ |
| 219 | Kotor Arh03078019 · Professional services | <0.1% | 284,338€ | +284.0% | 2,191€ | 0.8% | 4 | 1,215€ |
| 220 | Elektro-Čučković02698650 · Construction | <0.1% | 283,952€ | +13.1% | 23,632€ | 8.3% | 4 | 1,503€ |
| 221 | All-Ing02753294 · Professional services | <0.1% | 280,361€ | +36.4% | 14,005€ | 5.0% | 15 | 848€ |
| 222 | 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€ |
| 223 | 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€ |
| 224 | Anamont02645602 · Hospitality | <0.1% | 275,751€ | -22.8% | 9,027€ | 3.3% | 6 | 1,434€ |
| 225 | Max & Alex02907062 · Hospitality | <0.1% | 274,444€ | -21.6% | -7,044€ | -2.6% | 7 | 1,702€ |
| 226 | Del Sol03358445 · Hospitality | <0.1% | 274,103€ | +44.6% | 42,777€ | 15.6% | 3 | 2,129€ |
| 227 | Leman Sea Properties03111407 · Real estate | <0.1% | 270,872€ | +1.5% | 70,818€ | 26.1% | 2 | 885€ |
| 228 | Pronto A.A.A.03743349 · Hospitality | <0.1% | 269,253€ | No filing for 2024. | 11,871€ | 4.4% | 10 | 457€ |
| 229 | Marin Med Montenegro03043452 · Administrative services | <0.1% | 267,875€ | -61.7% | -121,111€ | -45.2% | 5 | 1,900€ |
| 230 | Proročić03312356 · Agriculture | <0.1% | 266,570€ | +32,172.4% | 72,420€ | 27.2% | 1 | 5,450€ |
| 231 | BX Energy Systems03645886 · Trade | <0.1% | 266,509€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 9,185€ | 3.4% | 1 | 675€ |
| 232 | Usluga Plus03418111 · Hospitality | <0.1% | 262,322€ | -38.3% | -99,100€ | -37.8% | 1 | 1,321€ |
| 233 | Nikolić 4S02304724 · Professional services | <0.1% | 258,716€ | +8.7% | 73,913€ | 28.6% | 10 | 1,118€ |
| 234 | Kotor Vip Boat03333400 · Transport & logistics | <0.1% | 257,809€ | +19.6% | 3,490€ | 1.4% | 7 | 689€ |
| 235 | Bokakomerc02269104 · Trade | <0.1% | 257,340€ | +60.5% | 83,864€ | 32.6% | 5 | 1,394€ |
| 236 | Inprus-Mont02685361 · Professional services | <0.1% | 256,594€ | +219.9% | 1,764€ | 0.7% | 1 | 2,230€ |
| 237 | Resursni Centar za Sluh i Govor DR. Peruta Ivanović02019132 · Education | <0.1% | 256,115€ | +27.2% | 140,607€ | 54.9% | 25 | — |
| 238 | LTC Consulting03348075 · Professional services | <0.1% | 252,708€ | -30.8% | 8,366€ | 3.3% | 6 | 2,984€ |
| 239 | Sarah & Co02901366 · Trade | <0.1% | 251,998€ | +8.9% | 21,080€ | 8.4% | 3 | 610€ |
| 240 | Dobrota Company Mne03538265 · Hospitality | <0.1% | 248,848€ | +15.3% | 6,681€ | 2.7% | 7 | 612€ |
| 241 | M.B. Batrićević02401568 · Trade | <0.1% | 248,078€ | -12.5% | -47,560€ | -19.2% | 7 | 717€ |
| 242 | Bigova Bay02462893 · Real estate | <0.1% | 246,207€ | -44.9% | -321,806€ | -130.7% | 1 | 5,542€ |
| 243 | Pekara Kruna Lux03635929 · Manufacturing | <0.1% | 245,467€ | +194.5% | 2,765€ | 1.1% | 6 | 765€ |
| 244 | Nasdve03118398 · Hospitality | <0.1% | 244,181€ | -33.8% | -130,226€ | -53.3% | 5 | 1,527€ |
| 245 | Storm2703027597 · Trade | <0.1% | 243,109€ | +9.9% | 33,718€ | 13.9% | 2 | 1,070€ |
| 246 | Antika & Guest House03632571 · Hospitality | <0.1% | 240,964€ | +10.8% | 12,145€ | 5.0% | 6 | 1,173€ |
| 247 | Paradox Hospitality03253350 · Professional services | <0.1% | 240,244€ | +2.1% | 47,536€ | 19.8% | 1 | 2,266€ |
| 248 | Aura Silver03201660 · Trade | <0.1% | 239,565€ | +34.4% | 11,753€ | 4.9% | 5 | 849€ |
| 249 | Mint and Rose02672723 · Construction | <0.1% | 239,407€ | +30.2% | 65,047€ | 27.2% | 3 | 583€ |
| 250 | Sole Casa & Co03059235 · Trade | <0.1% | 234,421€ | -25.8% | 32,586€ | 13.9% | 6 | 987€ |