Revenue
384.28m€59.7× since 2015
90.3% of sector revenue
92,019€
19 companies earned 384.28m€ in 2025, 90.3% of Finance & insurance sector revenue. Revenue has grown 59.7× since 2015.
90.3% of sector revenue
0 with at most one employee
Largest employer: Razvojna Banka Crne Gore (98)
Median company 22.7% · 84% profitable
Average per employee, not per company
Revenue in € million (bars) and filing companies (below), 2015–2025
Revenue change vs 2024, companies with at least 1m€ that year
Employees and payroll cost per employee per month*
Ranked by total revenue · Showing 1–19 of 19
* 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 | 6,435,555€ | 5 |
| 2016 | 7,172,462€ | 4 |
| 2017 | 7,688,037€ | 5 |
| 2018 | 9,496,351€ | 5 |
| 2019 | 11,429,481€ | 7 |
| 2020 | 184,859,535€ | 19 |
| 2021 | 224,087,086€ | 18 |
| 2022 | 255,843,390€ | 18 |
| 2023 | 343,609,744€ | 19 |
| 2024 | 394,289,625€ | 19 |
| 2025 (Preliminary) | 384,284,490€ | 19 |
The number of companies jumped most in 2020: from 7 to 19.
14.5% |
| 55,682,000€ |
| -0.7% |
| 26,267,000€ |
| 47.2% |
| — |
| — |
| 3 | Hipotekarna Banka02085020 | 13.1% | 50,230,000€ | +3.8% | 20,831,000€ | 41.5% | — | — |
| 4 | Erste Bank02351242 · Podgorica | 11.4% | 43,654,000€ | +5.8% | 18,552,000€ | 42.5% | — | — |
| 5 | Lovćen Banka02829541 | 4.9% | 18,785,000€ | +9.6% | 5,302,000€ | 28.2% | — | — |
| 6 | Prva Banka CG02096099 | 4.8% | 18,592,000€ | +4.1% | 7,832,000€ | 42.1% | — | — |
| 7 | Zapad Banka03032531 · Podgorica | 4.5% | 17,275,000€ | +7.1% | 4,678,000€ | 27.1% | — | — |
| 8 | Addiko Bank02454190 | 4.0% | 15,547,000€ | +3.6% | 3,212,000€ | 20.7% | — | — |
| 9 | Adriatic Bank03087158 · Podgorica | 4.0% | 15,373,000€ | -56.0% | 268,000€ | 1.7% | — | — |
| 10 | Razvojna Banka Crne Gore02217937 · Podgorica | 3.6% | 13,847,490€ | +4.9% | 7,443,668€ | 53.8% | 98 | 2,929€ |
| 11 | Universal Capital Bank02684462 · Podgorica | 3.4% | 12,897,000€ | -9.6% | 5,169,000€ | 40.1% | — | — |
| 12 | Ziraat Bank Montenegro03048136 | 1.1% | 4,149,000€ | -10.8% | 187,000€ | 4.5% | — | — |
| 13 | Business Integration and Business Intelligence02626616 · Podgorica | 0.4% | 1,392,851€ | +14.8% | 25,834€ | 1.9% | 26 | 1,637€ |
| 14 | Montenegro Transfers03019721 · Podgorica | 0.3% | 1,084,278€ | -1.4% | 246,496€ | 22.7% | 6 | 2,558€ |
| 15 | Capital Transfer Mne03035174 · Podgorica | <0.1% | 362,679€ | -0.7% | 46,700€ | 12.9% | 4 | 1,422€ |
| 16 | Alta Pay Group03286207 · Podgorica | <0.1% | 331,421€ | +415.8% | -209,364€ | -63.2% | 8 | 1,830€ |
| 17 | Money Transfers03165736 · Budva | <0.1% | 317,049€ | +4.6% | 5,114€ | 1.6% | 3 | 2,085€ |
| 18 | Payspot Me03527611 · Podgorica | <0.1% | 206,741€ | +872.0% | -281,000€ | -135.9% | 9 | 2,019€ |
| 19 | Moneta Mne03291693 · Podgorica | <0.1% | 106,981€ | -13.7% | -17,628€ | -16.5% | 3 | 1,604€ |