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 501–550 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* |
|---|
| 501 | Ćupić02976803 · Podgorica | <0.1% | 254,476€ | -82.8% | 71,410€ | 28.1% | 3 | 1,807€ |
| 502 | Monteorganica02436949 · Podgorica | <0.1% | 254,199€ | +79.2% | 89,699€ | 35.3% | 7 | 1,437€ |
| 503 | Alcazar Energy Montenegro03634302 · Podgorica | <0.1% | 252,881€ | +129.4% | -19,185€ | -7.6% | 3 | 462€ |
| 504 | LTC Consulting03348075 · Kotor | <0.1% | 252,708€ | -30.8% | 8,366€ | 3.3% | 6 | 2,984€ |
| 505 | Dominanta02917807 · Budva | <0.1% | 252,416€ | -23.0% | 92,125€ | 36.5% | 8 | 1,058€ |
| 506 | Divna Design03379655 · Podgorica | <0.1% | 252,180€ | +93.6% | 221€ | 0.1% | 2 | 1,701€ |
| 507 | Agencija Maraš02420490 · Podgorica | <0.1% | 252,126€ | +11.5% | 124,189€ | 49.3% | 3 | 1,131€ |
| 508 | Omega Team03244440 · Herceg Novi | <0.1% | 251,562€ | -41.7% | 76,632€ | 30.5% | 1 | 4,367€ |
| 509 | NCG Inžinjering03068811 · Podgorica | <0.1% | 250,921€ | +3.2% | 13,977€ | 5.6% | 5 | 3,048€ |
| 510 | Podgorica Superme Company03151476 · Podgorica | <0.1% | 250,429€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 171,712€ | 68.6% | 1 | — |
| 511 | Transport Mojkovac02939495 · Mojkovac | <0.1% | 250,250€ | +37.9% | 257€ | 0.1% | 2 | 645€ |
| 512 | Biro 8100003302261 · Podgorica | <0.1% | 249,526€ | +188.5% | 59,390€ | 23.8% | 4 | 2,335€ |
| 513 | Construction Star03571360 · Budva | <0.1% | 249,526€ | +8.1% | 91,079€ | 36.5% | 1 | 678€ |
| 514 | Auto-Moto Danilovgrad02709597 · Danilovgrad | <0.1% | 248,740€ | -37.5% | -44,551€ | -17.9% | 1 | 4,841€ |
| 515 | Studio Lasso02815338 · Podgorica | <0.1% | 248,359€ | +83.9% | 2,803€ | 1.1% | 4 | 2,759€ |
| 516 | Optitask Technologies03397378 · Podgorica | <0.1% | 248,000€ | +45.5% | 18,657€ | 7.5% | 20 | 684€ |
| 517 | Tehno-Control02371499 · Podgorica | <0.1% | 247,908€ | +3.1% | 34,089€ | 13.8% | 5 | 2,862€ |
| 518 | Gratis-Company02421950 · Podgorica | <0.1% | 247,794€ | -0.9% | 52,909€ | 21.4% | 3 | 1,515€ |
| 519 | Hotelijer03157385 · Budva | <0.1% | 246,673€ | +3.6% | 22,027€ | 8.9% | 4 | 2,202€ |
| 520 | Kafer03128431 · Podgorica | <0.1% | 246,342€ | +52.5% | 115€ | 0.0% | 2 | 1,175€ |
| 521 | Katanja02740559 · Podgorica | <0.1% | 245,864€ | -13.6% | 22,469€ | 9.1% | 9 | 1,423€ |
| 522 | Sokla03243559 · Podgorica | <0.1% | 245,302€ | +47.9% | 187€ | 0.1% | 2 | 4,936€ |
| 523 | Hipering03243214 · Podgorica | <0.1% | 244,103€ | +680.4% | 18,604€ | 7.6% | 1 | 2,532€ |
| 524 | Geotehnika02632659 · Bijelo Polje | <0.1% | 242,425€ | +22.8% | 43,480€ | 17.9% | 10 | 991€ |
| 525 | Jelen02103125 · Danilovgrad | <0.1% | 241,954€ | +13.9% | 1,450€ | 0.6% | 3 | 776€ |
| 526 | Finedart03038068 · Podgorica | <0.1% | 241,318€ | +43.1% | 7,599€ | 3.1% | 9 | 605€ |
| 527 | Smart Engineering03263410 · Ulcinj | <0.1% | 241,001€ | +13.2% | 11,411€ | 4.7% | 3 | 1,185€ |
| 528 | Paradox Hospitality03253350 · Kotor | <0.1% | 240,244€ | +2.1% | 47,536€ | 19.8% | 1 | 2,266€ |
| 529 | Građevinski Institut Montenegro03225593 · Podgorica | <0.1% | 240,050€ | +26.8% | 51,247€ | 21.3% | 7 | 1,427€ |
| 530 | Kompas02359456 · Podgorica | <0.1% | 239,482€ | -39.9% | 13,614€ | 5.7% | 10 | 875€ |
| 531 | Lxxvi03215962 · Podgorica | <0.1% | 237,394€ | +77.6% | 127,648€ | 53.8% | 3 | 1,269€ |
| 532 | Adriatic Accounting03277712 · Budva | <0.1% | 237,392€ | +139.9% | 81,879€ | 34.5% | 6 | 1,230€ |
| 533 | Basketing02237326 · Bar | <0.1% | 236,947€ | +13.4% | 18,692€ | 7.9% | 6 | 1,136€ |
| 534 | Ko-De Company02311399 · Podgorica | <0.1% | 236,808€ | +9.0% | 13,589€ | 5.7% | 9 | 1,383€ |
| 535 | Finance Group02450518 · Ulcinj | <0.1% | 236,073€ | +10.9% | 77,093€ | 32.7% | 5 | 1,011€ |
| 536 | Blue Coach02737680 · Podgorica | <0.1% | 236,047€ | -10.2% | -74,375€ | -31.5% | 4 | 1,899€ |
| 537 | Kvaka02870142 · Podgorica | <0.1% | 235,946€ | +40.1% | 3,961€ | 1.7% | 10 | 1,348€ |
| 538 | Product36003120252 · Podgorica | <0.1% | 235,776€ | +42.8% | 84,946€ | 36.0% | 2 | 3,048€ |
| 539 | Kalos Ambijent02653869 · Budva | <0.1% | 235,680€ | -40.5% | 24,505€ | 10.4% | 3 | 932€ |
| 540 | Goodwill Pharma02908212 · Podgorica | <0.1% | 235,650€ | +30.0% | -10,271€ | -4.4% | 2 | 7,131€ |
| 541 | Anaterm03044939 · Podgorica | <0.1% | 235,130€ | +4.9% | 6,788€ | 2.9% | 5 | 700€ |
| 542 | Grandov02338424 · Bijelo Polje | <0.1% | 234,296€ | +14.8% | 8,337€ | 3.6% | 9 | 873€ |
| 543 | Šćekić & Partners03096467 · Podgorica | <0.1% | 233,822€ | +55.9% | 35,350€ | 15.1% | 10 | 919€ |
| 544 | MGT Architects & Design03112284 · Tivat | <0.1% | 231,930€ | -16.8% | 11,800€ | 5.1% | 2 | 1,238€ |
| 545 | WRC Consulting Mne02835223 · Herceg Novi | <0.1% | 231,271€ | +28.1% | 36,147€ | 15.6% | 11 | 1,231€ |
| 546 | Atlas Work and Travel03281019 · Podgorica | <0.1% | 228,873€ | -33.9% | 16,197€ | 7.1% | 1 | — |
| 547 | Origin Construction03284123 · Podgorica | <0.1% | 228,574€ | +41.6% | 8,808€ | 3.9% | 3 | 2,488€ |
| 548 | Prima Vet02227886 · Danilovgrad | <0.1% | 228,235€ | +7.1% | 27,494€ | 12.0% | 5 | 1,366€ |
| 549 | Urbanizam i Projektovanje02002779 · Bar | <0.1% | 228,015€ | +80.3% | -71,740€ | -31.5% | 8 | 661€ |
| 550 | Montenegro Advertising and Production Agency02321360 · Podgorica | <0.1% | 227,580€ | +214.8% | -22,086€ | -9.7% | 1 | 16,099€ |