Revenue
4.3% of Montenegro's revenue
5,140 companies earned 754.04m€ in 2025, 4.3% of all company revenue in Montenegro. It ranks 7 of 18 sectors by revenue. Revenue has grown 2.9× since 2015.
4.3% of Montenegro's revenue
3,148 with at most one employee
Largest employer: Net Montenegro (605)
Total profit: 73.05m€
Average per employee, not per company
Revenue in € million (bars) and filing companies (below), 2015–2025
| Year | Revenue | Companies |
|---|---|---|
| 2015 | 260,465,104€ | 1,693 |
| 2016 | 282,295,144€ | 1,857 |
| 2017 | 297,746,589€ | 2,096 |
| 2018 | 355,444,030€ | 2,719 |
| 2019 | 389,657,902€ | 3,076 |
| 2020 | 379,713,011€ | 3,280 |
| 2021 | 460,416,960€ | 3,544 |
| 2022 | 481,963,069€ | 4,157 |
| 2023 | 573,319,896€ | 4,742 |
| 2024 | 663,861,015€ | 5,063 |
| 2025 (Preliminary) | 754,035,790€ | 5,140 |
The number of companies jumped most in 2018: from 2,096 to 2,719.
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 451–500 of 5,140
* 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 383 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* |
|---|
| 451 | Rogošić Company02305399 · Podgorica | <0.1% | 286,314€ | +31.8% | 40,631€ | 14.2% | 6 | 1,604€ |
| 452 | Velmi-Yuvel02062291 · Bijelo Polje | <0.1% | 286,066€ | +39.4% | 15,567€ | 5.4% | 5 | 779€ |
| 453 | Epic Event03746909 · Budva | <0.1% | 285,159€ | No filing for 2024. | 29,884€ | 10.5% | 1 | 1,827€ |
| 454 | Interactive Group03112446 · Rožaje | <0.1% | 284,896€ | +623.6% | 13,523€ | 4.7% | 4 | 914€ |
| 455 | Profit App International03263304 · Podgorica | <0.1% | 284,809€ | +3,542.5% | 4,813€ | 1.7% | 8 | 1,604€ |
| 456 | Kotor Arh03078019 · Kotor | <0.1% | 284,338€ | +284.0% | 2,191€ | 0.8% | 4 | 1,215€ |
| 457 | Savić02363160 · Pljevlja | <0.1% | 284,179€ | -26.2% | 27,770€ | 9.8% | 14 | 693€ |
| 458 | Smart Studio03299481 · Podgorica | <0.1% | 283,156€ | +11.0% | 76,206€ | 26.9% | 4 | 1,281€ |
| 459 | Arhiforma03284158 · Podgorica | <0.1% | 282,289€ | +8.5% | 97,836€ | 34.7% | 2 | 1,054€ |
| 460 | Netcom02353725 · Podgorica | <0.1% | 280,883€ | +2.4% | 45,154€ | 16.1% | 4 | 979€ |
| 461 | All-Ing02753294 · Kotor | <0.1% | 280,361€ | +36.4% | 14,005€ | 5.0% | 15 | 848€ |
| 462 | Agencija Šćekić02271001 · Podgorica | <0.1% | 279,451€ | +24.0% | 44,457€ | 15.9% | 11 | 1,189€ |
| 463 | DB Inženjering03431401 · Podgorica | <0.1% | 278,400€ | +159.2% | 20,434€ | 7.3% | 3 | 2,870€ |
| 464 | Rma Inženjering03197174 · Nikšić | <0.1% | 278,294€ | +81.6% | 131,335€ | 47.2% | 5 | 1,182€ |
| 465 | Refleksing02416301 · Podgorica | <0.1% | 276,586€ | +40.7% | 58,120€ | 21.0% | 3 | 2,712€ |
| 466 | Aycon Hotel Group03575594 · Budva | <0.1% | 276,279€ | +88.8% | 154,496€ | 55.9% | 1 | 3,016€ |
| 467 | Building Biro02694115 · Bijelo Polje | <0.1% | 275,879€ | -21.1% | 16,988€ | 6.2% | 2 | 2,063€ |
| 468 | Hex02868407 · Podgorica | <0.1% | 275,668€ | -61.4% | -23,697€ | -8.6% | 8 | 892€ |
| 469 | Iee Consult S.E03335224 · Podgorica | <0.1% | 275,130€ | +287.1% | 10,461€ | 3.8% | 2 | 2,803€ |
| 470 | 5B - Bogetić02307375 · Podgorica | <0.1% | 273,301€ | +19.9% | 27,653€ | 10.1% | 10 | 1,531€ |
| 471 | CSS - Comprehensive Structural Solutions03202402 · Tivat | <0.1% | 272,946€ | +102.6% | 60,974€ | 22.3% | 3 | 2,496€ |
| 472 | Druga Tehnička Kancelarija PCN03689042 · Budva | <0.1% | 272,897€ | +1,719.3% | 100,516€ | 36.8% | 2 | 2,390€ |
| 473 | Golden Project03153835 · Podgorica | <0.1% | 272,236€ | +66.3% | 58,594€ | 21.5% | 4 | 1,114€ |
| 474 | Amd Knežević02659115 · Podgorica | <0.1% | 272,141€ | +72.6% | 106,686€ | 39.2% | 5 | 1,079€ |
| 475 | Bi Communication03170233 · Podgorica | <0.1% | 271,408€ | +6.9% | 70,771€ | 26.1% | 3 | 1,966€ |
| 476 | Taurus Trading Export Import LLC03182355 · Podgorica | <0.1% | 271,298€ | -25.4% | -1,432€ | -0.5% | 1 | 947€ |
| 477 | Hidroproject02778327 · Podgorica | <0.1% | 269,795€ | +82.1% | 22,159€ | 8.2% | 1 | 2,014€ |
| 478 | Linea Media02851903 · Podgorica | <0.1% | 268,546€ | -6.5% | 7,563€ | 2.8% | 4 | 1,776€ |
| 479 | Vetprom Com03050025 · Rožaje | <0.1% | 268,480€ | -8.0% | 21,745€ | 8.1% | 3 | 906€ |
| 480 | Oubaitori Recruitment Consulting03573770 · Podgorica | <0.1% | 267,770€ | +1,758.0% | 2,282€ | 0.9% | 1 | 7,821€ |
| 481 | Infinity Marketing03271382 · Podgorica | <0.1% | 266,626€ | +76.9% | 2,888€ | 1.1% | 4 | 2,027€ |
| 482 | Magitech03567702 · Herceg Novi | <0.1% | 265,504€ | -9.6% | 192,725€ | 72.6% | 1 | 1,928€ |
| 483 | A Linija03561984 · Podgorica | <0.1% | 265,168€ | +45.3% | 45,367€ | 17.1% | 2 | 1,181€ |
| 484 | JT203020185 · Podgorica | <0.1% | 264,951€ | +765.8% | 27,772€ | 10.5% | 1 | 4,595€ |
| 485 | Interbioscreen03171850 · Bar | <0.1% | 264,869€ | -21.8% | 2,429€ | 0.9% | 2 | 954€ |
| 486 | Kalezić Co02389983 · Danilovgrad | <0.1% | 264,577€ | -2.7% | 92,038€ | 34.8% | 2 | 1,068€ |
| 487 | Cleargreen03577627 · Podgorica | <0.1% | 264,210€ | +90.6% | 8,995€ | 3.4% | 4 | 3,831€ |
| 488 | TDM Advisory03660435 · Tivat | <0.1% | 263,481€ | +42.6% | 169,377€ | 64.3% | 1 | 1,724€ |
| 489 | Empa Consulting and Tourism03625397 · Podgorica | <0.1% | 263,223€ | +34.8% | 118,275€ | 44.9% | 1 | 1,094€ |
| 490 | Veterinarska Ambulanta Bijelo Polje02413922 · Bijelo Polje | <0.1% | 262,693€ | +13.3% | 15,537€ | 5.9% | 14 | 826€ |
| 491 | Geo Max Group02730979 · Podgorica | <0.1% | 260,787€ | +28.6% | 25,845€ | 9.9% | 6 | 1,546€ |
| 492 | Naiva03204529 · Tivat | <0.1% | 260,740€ | +22.9% | 42,176€ | 16.2% | 4 | 1,057€ |
| 493 | Nikmar02434849 · Tivat | <0.1% | 260,719€ | +1,353.3% | -34,547€ | -13.3% | 6 | 866€ |
| 494 | Nikolić 4S02304724 · Kotor | <0.1% | 258,716€ | +8.7% | 73,913€ | 28.6% | 10 | 1,118€ |
| 495 | Petošević02672685 · Podgorica | <0.1% | 257,614€ | -8.4% | 20,750€ | 8.1% | 3 | 4,851€ |
| 496 | Communication Studio Cassiopeia03322548 · Podgorica | <0.1% | 257,045€ | +64.2% | 759€ | 0.3% | 3 | 2,099€ |
| 497 | Inprus-Mont02685361 · Kotor | <0.1% | 256,594€ | +219.9% | 1,764€ | 0.7% | 1 | 2,230€ |
| 498 | Veterinarska Ambulanta Popović02889862 · Bar | <0.1% | 254,986€ | -1.4% | 18,241€ | 7.2% | 8 | 1,018€ |
| 499 | Oditor02142066 · Herceg Novi | <0.1% | 254,676€ | -1.7% | 10,847€ | 4.3% | 6 | 794€ |
| 500 | Infradevelopment02715228 · Podgorica | <0.1% | 254,660€ | +121.6% | 1,749€ | 0.7% | 3 | 5,081€ |