Revenue
0.2% of Montenegro's revenue
176 companies earned 37.18m€ in 2025, 0.2% of all company revenue in Montenegro. It ranks 18 of 18 sectors by revenue. Revenue has grown 6.1× since 2015.
0.2% of Montenegro's revenue
134 with at most one employee
Largest employer: Institut za Ljekove i Medicinska Sredstva (70)
Total profit: 1.93m€
Average per employee, not per company
Revenue in € million (bars) and filing companies (below), 2015–2025
| Year | Revenue | Companies |
|---|---|---|
| 2015 | 6,059,866€ | 31 |
| 2016 | 6,328,872€ | 33 |
| 2017 | 5,685,953€ | 32 |
| 2018 | 5,593,346€ | 34 |
| 2019 | 6,203,501€ | 36 |
| 2020 | 6,412,956€ | 40 |
| 2021 | 6,784,760€ | 42 |
| 2022 | 9,058,739€ | 48 |
| 2023 | 11,682,479€ | 62 |
| 2024 | 19,320,424€ | 70 |
| 2025 (Preliminary) | 37,183,079€ | 176 |
The number of companies jumped most in 2023: from 48 to 62.
Growth is measured on the same companies, which filed for both years.
Share of the sector's revenue
Revenue change vs 2024, companies with at least 1m€ that year
Employees and payroll cost per employee per month*
Ranked by total revenue · Showing 151–176 of 176
* 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 →
Totals include 2 sole proprietors: natural persons whose statements are shown only in aggregate, never by name. The company count excludes them. How we calculate →
| Employees |
|---|
| Payroll cost/emp./mo* |
|---|
| 151 | Veselo02752921 · Podgorica | <0.1% | 50€ | No filing for 2024. | -2,082€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | — |
| 152 | Nvo Labeati02886138 | <0.1% | 29€ | No filing for 2024. | 0€ | 0.0% | 0 | — |
| 153 | Art&Play Bears03432459 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -21,765€ | — | 2 | 903€ |
| 154 | Joy Land03585140 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,159€ | — | 1 | 677€ |
| 155 | Centar za Privatizaciju i Investicije02310619 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -488€ | — | — | — |
| 156 | Centar za Psihološke Pripreme Sportista02837056 · Podgorica | 0.0% | 0€ | No filing for 2024. | -2€ | — | 0 | — |
| 157 | Cetinje Moj Grad02801396 · Cetinje | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 0€ | — | — | — |
| 158 | Cinemapolis02812533 · Podgorica | 0.0% | 0€ | No filing for 2024. | -14€ | — | 0 | — |
| 159 | Crnogorski Kulturni Centar02654253 · Podgorica | 0.0% | 0€ | No filing for 2024. | -32€ | — | 0 | — |
| 160 | Dar11003745 · Berane | 0.0% | 0€ | No filing for 2024. | -2€ | — | 1 | — |
| 161 | Društvo Pčelara Grbalj03016048 · Kotor | 0.0% | 0€ | No filing for 2024. | 0€ | — | — | — |
| 162 | Eduteka11057551 · Budva | 0.0% | 0€ | No filing for 2024. | -1€ | — | 1 | — |
| 163 | Ekokulmedia11078591 · Herceg Novi | 0.0% | 0€ | No filing for 2024. | 0€ | — | — | — |
| 164 | Ekologija Mora11113877 | 0.0% | 0€ | No filing for 2024. | -1€ | — | 0 | — |
| 165 | Glas Tradicije,dijaloga,tolerancije02418185 · Bijelo Polje | 0.0% | 0€ | No filing for 2024. | -238€ | — | 1 | — |
| 166 | Pec11051391 · Nikšić | 0.0% | 0€ | No filing for 2024. | 0€ | — | — | — |
| 167 | 0.0% | 0€ | No filing for 2024. | 0€ | — | — | — | |
| 168 | Interpretatori Crne Gore - In CG11059406 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 0€ | — | 1 | — |
| 169 | Nevladino Udruženje Munja11036406 | 0.0% | 0€ | -100.0% | -3€ | — | 0 | — |
| 170 | Naše Selo11027059 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 0€ | — | — | — |
| 171 | Art Duga02926695 | 0.0% | 0€ | No filing for 2024. | 0€ | — | — | — |
| 172 | San-CG11050654 | 0.0% | 0€ | No filing for 2024. | 0€ | — | — | — |
| 173 | Sinegrija02981041 · Herceg Novi | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -23€ | — | 0 | — |
| 174 | Zahra Foundation11034225 | 0.0% | 0€ | No filing for 2024. | -52€ | — | — | — |
| 175 | Za Život02715767 · Podgorica | 0.0% | 0€ | -100.0% | 0€ | — | — | — |
| 176 | 0.0% | 0€ | No filing for 2024. | 0€ | — | — | — |