Revenue
0.3% of Montenegro's revenue
471 companies earned 61.13m€ in 2025, 0.3% of all company revenue in Montenegro. It ranks 16 of 18 sectors by revenue. Revenue has grown 3.5× since 2015.
0.3% of Montenegro's revenue
234 with at most one employee
Largest employer: Sergije Stanić (203)
Total profit: 1.48m€
Average per employee, not per company
Revenue in € million (bars) and filing companies (below), 2015–2025
| Year | Revenue | Companies |
|---|---|---|
| 2015 | 17,418,893€ | 147 |
| 2016 | 20,877,059€ | 156 |
| 2017 | 22,034,473€ | 168 |
| 2018 | 22,574,319€ | 189 |
| 2019 | 24,420,913€ | 226 |
| 2020 | 23,849,408€ | 244 |
| 2021 | 28,985,166€ | 274 |
| 2022 | 36,727,504€ | 342 |
| 2023 | 46,866,170€ | 402 |
| 2024 | 54,456,998€ | 440 |
| 2025 (Preliminary) | 61,129,031€ | 471 |
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 351–400 of 471
* 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 3 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* |
|---|
| 351 | Art of Living Montenegro03173836 · Tivat | <0.1% | 2,810€ | +5.6% | -1,308€ | -46.5% | 1 | — |
| 352 | Centar za Profesionalni Razvoj03621430 · Bijelo Polje | <0.1% | 2,700€ | No filing for 2024. | 0€ | 0.0% | 1 | — |
| 353 | M-Power03381650 · Herceg Novi | <0.1% | 2,510€ | +213.8% | -7,181€ | -286.1% | 1 | 680€ |
| 354 | Joinx Hub03407373 · Podgorica | <0.1% | 2,495€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -23,532€ | -943.2% | 1 | 1,000€ |
| 355 | DV Petrov03448215 · Bar | <0.1% | 2,360€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -5,983€ | -253.5% | 1 | 670€ |
| 356 | Centar za Praktičnu Edukaciju03092330 · Podgorica | <0.1% | 2,330€ | +33.1% | 208€ | 8.9% | 1 | — |
| 357 | Kekec02002680 · Bar | <0.1% | 2,176€ | No filing for 2024. | 1,980€ | 91.0% | 1 | — |
| 358 | Neuroignite03688577 · Podgorica | <0.1% | 2,041€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -219€ | -10.7% | 1 | — |
| 359 | Akademija za Estetiku i Kozmetologiju Sara03603881 · Podgorica | <0.1% | 2,000€ | -41.2% | -6,426€ | -321.3% | 1 | 681€ |
| 360 | BF Global Partners03733599 · Podgorica | <0.1% | 1,925€ | No filing for 2024. | -5,912€ | -307.1% | 1 | 482€ |
| 361 | Pandemos Education03696359 · Podgorica | <0.1% | 1,874€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -6,745€ | -359.9% | 1 | 678€ |
| 362 | Yugatov Project03529550 · Bar | <0.1% | 1,864€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -7,027€ | -377.0% | 2 | 339€ |
| 363 | Skif Adventure03702278 · Herceg Novi | <0.1% | 1,850€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -6,300€ | -340.5% | 1 | 675€ |
| 364 | Akademija za Biznis Edukaciju03739953 · Podgorica | <0.1% | 1,800€ | No filing for 2024. | -752€ | -41.8% | 1 | — |
| 365 | Psycholog _ Mironovskaya03446344 · Podgorica | <0.1% | 1,776€ | -36.2% | -14,480€ | -815.3% | 2 | 576€ |
| 366 | Mental Core Coaching03764729 · Podgorica | <0.1% | 1,547€ | No filing for 2024. | -7,262€ | -469.4% | 2 | 331€ |
| 367 | Educo03788059 · Berane | <0.1% | 1,530€ | No filing for 2024. | 203€ | 13.3% | 1 | — |
| 368 | Mali Umovi03789691 · Herceg Novi | <0.1% | 1,500€ | No filing for 2024. | 15€ | 1.0% | 1 | — |
| 369 | Midday World03577228 · Budva | <0.1% | 1,425€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,278€ | -580.9% | 1 | 674€ |
| 370 | Fit For Life03640051 · Herceg Novi | <0.1% | 1,360€ | +353.3% | -7,455€ | -548.2% | 1 | 678€ |
| 371 | Smart Kids03069982 · Podgorica | <0.1% | 1,200€ | -75.3% | -13,413€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 1,012€ |
| 372 | Lustre Agency03741745 · Podgorica | <0.1% | 1,200€ | No filing for 2024. | -4,179€ | -348.3% | 1 | 403€ |
| 373 | Svetlov03598721 · Bar | <0.1% | 1,148€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -7,272€ | -633.4% | 1 | 670€ |
| 374 | Find Your Voice03535347 · Budva | <0.1% | 1,100€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -10,949€ | -995.4% | 1 | 926€ |
| 375 | Boravko PG S&M03788890 · Podgorica | <0.1% | 1,040€ | No filing for 2024. | -555€ | -53.4% | 1 | — |
| 376 | Eternal Witness03518477 · Podgorica | <0.1% | 1,002€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,326€ | -830.9% | 1 | 677€ |
| 377 | Tara Yoga03759512 · Herceg Novi | <0.1% | 950€ | No filing for 2024. | 16€ | 1.7% | 2 | — |
| 378 | Denis Studio Art03508471 · Podgorica | <0.1% | 881€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -7,283€ | -826.7% | 1 | 678€ |
| 379 | Alfa Ton Lekić02868547 · Podgorica | <0.1% | 800€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -12,717€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 789€ |
| 380 | Red Panda Monte03506533 · Herceg Novi | <0.1% | 771€ | -79.4% | -3,679€ | -477.2% | 1 | 339€ |
| 381 | Giberts03672336 | <0.1% | 730€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,948€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 678€ |
| 382 | <0.1% | 720€ | -82.2% | -15,662€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 725€ | |
| 383 | Nvo Arhitektice11098576 | <0.1% | 480€ | +300.0% | -170€ | -35.4% | 1 | — |
| 384 | Azimut 36003364321 · Herceg Novi | <0.1% | 470€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -10,902€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 927€ |
| 385 | Sadaltager03534430 · Herceg Novi | <0.1% | 400€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,018€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 678€ |
| 386 | Andreev's Art School03585018 · Budva | <0.1% | 320€ | -89.1% | -11,816€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 926€ |
| 387 | Onogošt School03128687 · Nikšić | <0.1% | 300€ | -84.4% | -12,124€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 1,027€ |
| 388 | School He-Al Yoga03429547 · Bar | <0.1% | 300€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -7,889€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 677€ |
| 389 | Metaphor Centar03791408 · Podgorica | <0.1% | 270€ | No filing for 2024. | -5,528€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 483€ |
| 390 | Milk Mama03679829 · Podgorica | <0.1% | 100€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,201€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 679€ |
| 391 | Ogr Diving&Hseq Services03428869 · Bar | <0.1% | 75€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,685€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 675€ |
| 392 | Teritorija02723158 · Bar | <0.1% | 3€ | +200.0% | -10,080€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 677€ |
| 393 | A34 Education Services03670066 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -7,712€ | — | 1 | 538€ |
| 394 | Actionpact LTD03709604 · Bar | 0.0% | 0€ | No filing for 2024. | -3,990€ | — | 0 | — |
| 395 | Arcadia Mne03416712 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,105€ | — | 1 | 670€ |
| 396 | Abs02676761 · Bijelo Polje | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 0€ | — | — | — |
| 397 | Stara Varoš02192519 · Mojkovac | 0.0% | 0€ | -100.0% | 0€ | — | — | — |
| 398 | Avanos Education & Tourism03776239 · Tivat | 0.0% | 0€ | No filing for 2024. | -18,530€ | — | 1 | — |
| 399 | Balans Centar03780023 · Bar | 0.0% | 0€ | No filing for 2024. | -2,941€ | — | 1 | — |
| 400 | Baron Consulting Inc03639827 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -10,622€ | — | 1 | 787€ |