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 351–400 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* |
|---|
| 351 | Bro INC.03627705 · Hospitality | <0.1% | 128,305€ | +210.2% | 35,253€ | 27.5% | 3 | 702€ |
| 352 | Vip Star Taxi02966883 · Transport & logistics | <0.1% | 127,619€ | -10.6% | -16,505€ | -12.9% | 8 | 675€ |
| 353 | Braća Magud Al i PVC - Grbalj03240312 · Manufacturing | <0.1% | 127,453€ | +31.0% | 23,413€ | 18.4% | 3 | 675€ |
| 354 | Inka02628058 · Trade | <0.1% | 127,122€ | +40.6% | -1,976€ | -1.6% | 3 | 470€ |
| 355 | Lunapp Studio03489523 · Technology | <0.1% | 126,916€ | -43.1% | -23,466€ | -18.5% | 1 | 835€ |
| 356 | Et-M Company03309363 · Construction | <0.1% | 126,482€ | +143.6% | 12,207€ | 9.7% | 3 | 1,377€ |
| 357 | Veb Centar02809419 · Technology | <0.1% | 126,312€ | -8.2% | -3,800€ | -3.0% | 10 | 419€ |
| 358 | Boalsa02949202 · Professional services | <0.1% | 125,442€ | -3.9% | 1,685€ | 1.3% | 6 | 1,283€ |
| 359 | Two Moon03715388 · Manufacturing | <0.1% | 125,285€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 29,442€ | 23.5% | 1 | 6,282€ |
| 360 | Volimtech03331032 · Technology | <0.1% | 124,533€ | +45.4% | 1,916€ | 1.5% | 5 | 730€ |
| 361 | Sinteza Crna Gora02310813 · Trade | <0.1% | 123,967€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 36,600€ | 29.5% | 3 | 897€ |
| 362 | Pictura Gallery03133818 · Trade | <0.1% | 123,901€ | +194.6% | 30,781€ | 24.8% | 1 | 1,857€ |
| 363 | Javna Ustanova Srednja Pomorska Škola - Kotor02387930 · Education | <0.1% | 123,489€ | +9.5% | 57,074€ | 46.2% | 1 | 674€ |
| 364 | DR Branko Ćetković03075273 · Health & social care | <0.1% | 123,175€ | +22.0% | 22,580€ | 18.3% | 2 | 960€ |
| 365 | Star 5 Petrol03266583 · Trade | <0.1% | 121,712€ | +12.4% | 3,324€ | 2.7% | 8 | 890€ |
| 366 | Oskar B&B03633055 · Hospitality | <0.1% | 121,423€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 44,749€ | 36.9% | 3 | — |
| 367 | Todorović Ophtalmology & Aesthetic03678881 · Health & social care | <0.1% | 119,390€ | +317.0% | 40,285€ | 33.7% | 2 | 905€ |
| 368 | Krassula03216004 · Trade | <0.1% | 119,151€ | +9.3% | 4,008€ | 3.4% | 3 | 764€ |
| 369 | Shop Commerce International02054973 · Trade | <0.1% | 118,906€ | +44.1% | -63,114€ | -53.1% | 6 | 870€ |
| 370 | Signal - Commerce MP02983281 · Transport & logistics | <0.1% | 118,028€ | +77.3% | 46,983€ | 39.8% | 1 | 1,876€ |
| 371 | Rome03007090 · Trade | <0.1% | 117,395€ | -20.8% | 3,586€ | 3.1% | 3 | 1,077€ |
| 372 | Team Travel02977753 · Administrative services | <0.1% | 116,380€ | +117.0% | -45€ | -0.0% | 3 | 674€ |
| 373 | Boka Yachting03385906 · Manufacturing | <0.1% | 116,077€ | +6.9% | -8,457€ | -7.3% | 1 | 1,068€ |
| 374 | JM & Co03094740 · Hospitality | <0.1% | 114,775€ | -3.3% | -21,610€ | -18.8% | 6 | 770€ |
| 375 | Organizacija Slijepih za Kotor, Herceg Novi, Budvu i Tivat02020084 · Trade | <0.1% | 114,472€ | -14.7% | -13,846€ | -12.1% | 6 | 1,710€ |
| 376 | Ortho Centar02702444 · Health & social care | <0.1% | 114,429€ | +17.4% | 5,560€ | 4.9% | 5 | 948€ |
| 377 | Montenegro Building Invest02733994 · Construction | <0.1% | 113,646€ | +48,055.1% | -477,025€ | -419.7% | 1 | 2,654€ |
| 378 | Peštan02618273 · Real estate | <0.1% | 113,592€ | -44.4% | 16,049€ | 14.1% | 1 | 741€ |
| 379 | Plus Global03686566 · Education | <0.1% | 113,524€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 62,127€ | 54.7% | 2 | 1,130€ |
| 380 | M&M Jewelry02959291 · Trade | <0.1% | 112,540€ | +12.0% | 27,128€ | 24.1% | 2 | 1,339€ |
| 381 | Šuvački03180948 · Hospitality | <0.1% | 112,513€ | +18.9% | 8,870€ | 7.9% | 2 | 1,494€ |
| 382 | 18 Maj02284685 · Trade | <0.1% | 112,156€ | -15.8% | 2,084€ | 1.9% | 2 | 515€ |
| 383 | Toz03168298 · Trade | <0.1% | 112,028€ | -8.8% | 17,564€ | 15.7% | 3 | 773€ |
| 384 | Vetus Oppidum03141373 · Trade | <0.1% | 111,274€ | +101.7% | 9,958€ | 8.9% | 2 | 424€ |
| 385 | Lana02432935 · Hospitality | <0.1% | 108,818€ | -32.1% | -38,924€ | -35.8% | 7 | 755€ |
| 386 | Inter - Cardio03171612 · Health & social care | <0.1% | 108,155€ | +48.3% | 50,107€ | 46.3% | 3 | 909€ |
| 387 | Jellcona02672006 · Manufacturing | <0.1% | 107,097€ | -7.1% | -51,909€ | -48.5% | 8 | 577€ |
| 388 | Maritime Academy03353931 · Education | <0.1% | 106,461€ | +35.1% | 26,730€ | 25.1% | 2 | 2,861€ |
| 389 | A Team02975033 · Professional services | <0.1% | 105,922€ | +5.9% | 1,061€ | 1.0% | 4 | 1,847€ |
| 390 | Jokić 4V03075354 · Professional services | <0.1% | 105,814€ | +9.6% | -71,455€ | -67.5% | 3 | 4,462€ |
| 391 | Monte-Connect03182169 · Transport & logistics | <0.1% | 105,056€ | +70.2% | 26,880€ | 25.6% | 3 | 944€ |
| 392 | Superba02869276 · Hospitality | <0.1% | 103,697€ | +19,428.6% | 57,251€ | 55.2% | 1 | 1,439€ |
| 393 | Montelara03126439 · Trade | <0.1% | 103,448€ | +3.2% | 15,338€ | 14.8% | 3 | 704€ |
| 394 | Montenegro Tag03535690 · Trade | <0.1% | 103,245€ | +22.8% | 9,520€ | 9.2% | 3 | 777€ |
| 395 | DR. Zobina02691167 · Health & social care | <0.1% | 101,160€ | +33.1% | 14,794€ | 14.6% | 2 | 2,341€ |
| 396 | Sulzer02192306 · Professional services | <0.1% | 100,122€ | -13.1% | 24,047€ | 24.0% | 7 | 394€ |
| 397 | VTV Limo & Van Service03038483 · Transport & logistics | <0.1% | 100,018€ | +2.3% | 18,454€ | 18.5% | 3 | 413€ |
| 398 | Ma and Pe03536483 · Hospitality | <0.1% | 99,900€ | +4.5% | -2,666€ | -2.7% | 2 | 2,115€ |
| 399 | Argo Navis Destinations03423352 · Transport & logistics | <0.1% | 99,753€ | +64.4% | 10,888€ | 10.9% | 2 | 966€ |
| 400 | Buggy Montenegro03643735 · Administrative services | <0.1% | 99,314€ | +256.8% | 17,792€ | 17.9% | 1 | 1,923€ |