Revenue
4.18m€4.0× since 2015
0.9% of sector revenue
| # | Company | Revenue share | Revenue | Revenue change2024→2025 | Profit | Margin | Employees | Payroll cost/emp./mo* |
|---|---|---|---|---|---|---|---|---|
| 1 | KC Kulturni Centar02002892 · Bar | 56.2% | 2,346,362€ | -1.4% | 44,009€ | 1.9% | 73 | 1,415€ |
| 2 |
34 companies earned 4.18m€ in 2025, 0.9% of Arts & entertainment sector revenue. Revenue has grown 4.0× since 2015.
0.9% of sector revenue
26 with at most one employee
Largest employer: Kulturni Centar (73)
Median company 1.9% · 44% profitable
Average per employee, not per company
Revenue in € million (bars) and filing companies (below), 2015–2025
Employees and payroll cost per employee per month*
Ranked by total revenue · Showing 1–34 of 34
* 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 →
The activity title is the code's title in the KD 2010 classification (NACE Rev. 2), which applies to every year shown. The registry now shows titles from the new classification for the same codes, so titles can differ.
| Year | Revenue | Companies |
|---|---|---|
| 2015 | 1,031,730€ | 5 |
| 2016 | 1,257,407€ | 6 |
| 2017 | 1,589,362€ | 7 |
| 2018 | 1,824,312€ | 12 |
| 2019 | 1,825,344€ | 13 |
| 2020 | 1,640,303€ | 12 |
| 2021 | 3,122,963€ | 13 |
| 2022 | 2,856,934€ | 20 |
| 2023 | 3,925,781€ | 29 |
| 2024 | 4,835,931€ | 27 |
| 2025 (Preliminary) | 4,175,031€ | 34 |
8.9% |
| 372,961€ |
| -78.7% |
| 7,078€ |
| 1.9% |
| 1 |
| 9,964€ |
| 3 | SK Events03723976 · Podgorica | 7.6% | 319,059€ | No filing for 2024. | 15,743€ | 4.9% | 1 | 1,931€ |
| 4 | Lake Fest03035441 · Nikšić | 7.3% | 304,617€ | +2.1% | 20,536€ | 6.7% | 1 | 16,972€ |
| 5 | Centar za Kulturu02012464 · Žabljak | 6.1% | 254,567€ | +71.5% | 73,012€ | 28.7% | 9 | 951€ |
| 6 | Kotorart Festival03193659 · Kotor | 3.3% | 136,454€ | +24.0% | -17,497€ | -12.8% | 1 | 6,209€ |
| 7 | Montenegro Music Production03388557 · Podgorica | 1.7% | 69,947€ | +50.4% | -2,799€ | -4.0% | 1 | 4,634€ |
| 8 | Albin Productions03260305 · Podgorica | 1.7% | 69,142€ | +1,157.1% | 27,593€ | 39.9% | 1 | 1,911€ |
| 9 | Operosa Productions03611388 · Podgorica | 1.2% | 52,002€ | +123.2% | 8,109€ | 15.6% | 1 | 2,569€ |
| 10 | Musica Classica03508811 · Bijelo Polje | 1.1% | 45,769€ | +123.9% | -4,963€ | -10.8% | 2 | 497€ |
| 11 | Bina Art03728200 · Podgorica | 0.7% | 30,539€ | No filing for 2024. | -477€ | -1.6% | 1 | 2,386€ |
| 12 | Armando-Montenegro03548953 · Budva | 0.6% | 23,870€ | +225.2% | 8,730€ | 36.6% | 1 | 926€ |
| 13 | 25 Kadr03429865 · Herceg Novi | 0.5% | 22,600€ | +131.4% | 4,323€ | 19.1% | 2 | 438€ |
| 14 | Choose03292975 · Herceg Novi | 0.5% | 22,192€ | +25.3% | 4,932€ | 22.2% | 1 | 471€ |
| 15 | Liza K. Ballet School03621898 · Budva | 0.5% | 18,854€ | +669.6% | 204€ | 1.1% | 1 | 1,467€ |
| 16 | Euterpa03751023 · Berane | 0.4% | 16,237€ | No filing for 2024. | 1,542€ | 9.5% | 1 | 1,209€ |
| 17 | Mirakul03724409 · Podgorica | 0.4% | 15,250€ | No filing for 2024. | 4,860€ | 31.9% | 1 | 822€ |
| 18 | Bert Rogers Music03311171 · Herceg Novi | 0.3% | 12,590€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 3,384€ | 26.9% | 1 | 680€ |
| 19 | Stari Krečari03743373 · Herceg Novi | 0.3% | 11,700€ | No filing for 2024. | -3,963€ | -33.9% | 1 | 552€ |
| 20 | Greenwavearts03278239 · Herceg Novi | 0.2% | 9,815€ | +35.2% | 1,049€ | 10.7% | 1 | 680€ |
| 21 | Nachalo03460096 · Bar | 0.1% | 6,070€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,065€ | -34.0% | 1 | 670€ |
| 22 | Grem Records03482871 · Budva | 0.1% | 6,010€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -3,066€ | -51.0% | 1 | 677€ |
| 23 | Visola03407594 · Tivat | <0.1% | 3,200€ | +8.5% | -1,840€ | -57.5% | 1 | 356€ |
| 24 | Founder03687058 · Podgorica | <0.1% | 2,940€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -13,130€ | -446.6% | 3 | 414€ |
| 25 | Bogart Produkcija03615685 · Podgorica | <0.1% | 1,960€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,224€ | -113.5% | 1 | — |
| 26 | Heliantus03725413 · Budva | <0.1% | 200€ | No filing for 2024. | -7,731€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 553€ |
| 27 | Bassmann03480615 · Herceg Novi | <0.1% | 124€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -5,365€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 340€ |
| 28 | Circus Callisto03667529 | 0.0% | 0€ | -100.0% | -8,045€ | — | 1 | 670€ |
| 29 | Ksiday03527883 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -12,815€ | — | 1 | 916€ |
| 30 | Lipro03528740 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,146€ | — | 1 | 675€ |
| 31 | RM-Trust&Co03515788 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -16,445€ | — | 2 | 684€ |
| 32 | Angem03410536 · Herceg Novi | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,163€ | — | 1 | 677€ |
| 33 | Motherland03342204 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 0€ | — | — | — |
| 34 | Pozorištance Škatula02392771 · Herceg Novi | 0.0% | 0€ | No filing for 2024. | 0€ | — | — | — |