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 551–600 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* |
|---|
| 551 | International World03464598 · Podgorica | <0.1% | 227,516€ | +15.1% | 6,316€ | 2.8% | 1 | 2,643€ |
| 552 | Manbiva03038254 · Tivat | <0.1% | 227,477€ | +20.3% | 25,469€ | 11.2% | 3 | 1,062€ |
| 553 | Geoprojekt Perišić02678870 · Podgorica | <0.1% | 227,347€ | -14.0% | 11,350€ | 5.0% | 8 | 1,212€ |
| 554 | Nicenace03169057 · Tivat | <0.1% | 225,705€ | -41.6% | 20,622€ | 9.1% | 1 | 930€ |
| 555 | Konto's Consulting02787172 · Podgorica | <0.1% | 225,559€ | +15.3% | 47,432€ | 21.0% | 6 | 1,668€ |
| 556 | Advokatsko Ortačko Društvo Iustitia ADV. Vladan S. Bojić i Drugi Podgorica02317028 · Podgorica | <0.1% | 225,427€ | -8.2% | 46,757€ | 20.7% | 6 | 1,354€ |
| 557 | C.G. Control02377667 · Bar | <0.1% | 224,609€ | -17.1% | 17,608€ | 7.8% | 12 | 911€ |
| 558 | Akting02965089 · Podgorica | <0.1% | 224,380€ | -19.6% | 1,728€ | 0.8% | 2 | 1,868€ |
| 559 | Center For Finance03373274 · Podgorica | <0.1% | 223,654€ | +28.1% | 19,641€ | 8.8% | 7 | 1,471€ |
| 560 | Jikon02327147 · Budva | <0.1% | 223,643€ | +2.1% | 28,835€ | 12.9% | 11 | 1,267€ |
| 561 | Dio Stranog Društvo Građevinski Institut Makedonija02802520 · Podgorica | <0.1% | 221,718€ | +142.1% | 5,499€ | 2.5% | 1 | 673€ |
| 562 | Medix02280175 · Podgorica | <0.1% | 221,347€ | +88.0% | 61,088€ | 27.6% | 6 | 955€ |
| 563 | Institut Savremenih Tehnologija Crne Gore02889854 · Podgorica | <0.1% | 221,016€ | +187.1% | 8,553€ | 3.9% | 3 | 4,913€ |
| 564 | Argelis03330257 · Podgorica | <0.1% | 220,860€ | +0.2% | 46,663€ | 21.1% | 2 | 1,708€ |
| 565 | Joksino Co03649113 · Podgorica | <0.1% | 220,499€ | +292.1% | 96,369€ | 43.7% | 1 | 677€ |
| 566 | S Projekt02889617 · Herceg Novi | <0.1% | 220,177€ | +28.1% | 60,104€ | 27.3% | 1 | 1,866€ |
| 567 | Astra02173328 · Podgorica | <0.1% | 219,890€ | +15.4% | 44€ | 0.0% | 6 | 2,167€ |
| 568 | Centar za Ispitivanje Hrane Lab03189821 · Podgorica | <0.1% | 219,667€ | +15.7% | 24,788€ | 11.3% | 6 | 1,465€ |
| 569 | Montegrind03464407 · Podgorica | <0.1% | 219,600€ | -8.1% | -3,341€ | -1.5% | 6 | 2,965€ |
| 570 | Max Medica03266788 · Podgorica | <0.1% | 218,379€ | -3.1% | 5,914€ | 2.7% | 2 | 4,501€ |
| 571 | Lot Inženjering03324486 · Podgorica | <0.1% | 217,766€ | +98.2% | 59,463€ | 27.3% | 4 | 1,785€ |
| 572 | B&K Audit and Consultancy03174638 · Budva | <0.1% | 217,423€ | -15.0% | 201,991€ | 92.9% | 1 | 1,106€ |
| 573 | Studio 4B02889641 · Podgorica | <0.1% | 217,326€ | -2.9% | 4,035€ | 1.9% | 9 | 946€ |
| 574 | Agencija za Planiranje Ulcinj02875292 · Ulcinj | <0.1% | 217,142€ | +10.9% | 51,406€ | 23.7% | 9 | 1,405€ |
| 575 | Tpa Audit Tax & Accounting03226514 · Podgorica | <0.1% | 216,864€ | -12.2% | 36,799€ | 17.0% | 5 | 2,553€ |
| 576 | Hidro-Leks03714217 · Podgorica | <0.1% | 216,585€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 66,316€ | 30.6% | 2 | 3,546€ |
| 577 | Mig02359502 · Podgorica | <0.1% | 216,345€ | +3.0% | 97,068€ | 44.9% | 2 | 2,748€ |
| 578 | Simm Inženjering02464586 · Podgorica | <0.1% | 216,202€ | +26.4% | 4,136€ | 1.9% | 5 | 1,146€ |
| 579 | Final Boss03670554 · Bar | <0.1% | 215,708€ | +39.3% | 195,577€ | 90.7% | 1 | 929€ |
| 580 | Una Safety and Service02869292 · Tivat | <0.1% | 215,695€ | -12.1% | 54,546€ | 25.3% | 3 | 1,357€ |
| 581 | Andu Architects03177599 · Podgorica | <0.1% | 215,494€ | -7.7% | 7,502€ | 3.5% | 5 | 1,315€ |
| 582 | Gondor02626870 · Podgorica | <0.1% | 215,461€ | +8.2% | 31,325€ | 14.5% | 5 | 912€ |
| 583 | Duo Accounting03352781 · Podgorica | <0.1% | 214,591€ | +32.4% | 1,843€ | 0.9% | 5 | 1,279€ |
| 584 | Inginspekt02424070 · Podgorica | <0.1% | 214,263€ | -2.1% | 52,013€ | 24.3% | 9 | 1,059€ |
| 585 | L&G Design02446766 · Ulcinj | <0.1% | 214,203€ | -0.2% | 12,368€ | 5.8% | 3 | 907€ |
| 586 | Geozenit03118207 · Podgorica | <0.1% | 213,564€ | +40.2% | 60,406€ | 28.3% | 3 | 2,728€ |
| 587 | Geoerc02782880 · Herceg Novi | <0.1% | 213,562€ | -3.7% | 7,064€ | 3.3% | 4 | 1,692€ |
| 588 | Raing02970759 · Podgorica | <0.1% | 213,489€ | +110.9% | 47,920€ | 22.4% | 3 | 2,275€ |
| 589 | PG Projecting02830965 · Podgorica | <0.1% | 213,034€ | +9.2% | 11,426€ | 5.4% | 7 | 2,337€ |
| 590 | Ekvidistanca02851199 · Bar | <0.1% | 212,662€ | +24.4% | 24,875€ | 11.7% | 5 | 1,737€ |
| 591 | Workforce03348881 · Podgorica | <0.1% | 212,163€ | +67.6% | 9,715€ | 4.6% | 11 | 1,369€ |
| 592 | Adria Vet03407551 · Tivat | <0.1% | 211,809€ | +27.0% | 12,427€ | 5.9% | 3 | 1,423€ |
| 593 | Fine Art Studio03147703 · Podgorica | <0.1% | 211,562€ | +13.3% | 104,356€ | 49.3% | 3 | 2,279€ |
| 594 | Honeycombs Consulting03351092 · Tivat | <0.1% | 211,553€ | -30.1% | 97,391€ | 46.0% | 1 | 1,405€ |
| 595 | Hydrogis System02764962 · Podgorica | <0.1% | 211,145€ | -30.7% | 7,905€ | 3.7% | 5 | 1,635€ |
| 596 | Izbor Consalting03117456 · Bar | <0.1% | 210,803€ | -17.1% | -55,858€ | -26.5% | 5 | 761€ |
| 597 | Bulajić S03535797 · Tivat | <0.1% | 210,787€ | +17.5% | 13,195€ | 6.3% | 13 | 1,129€ |
| 598 | FD Loft03197182 · Podgorica | <0.1% | 210,742€ | +48.5% | 52,974€ | 25.1% | 4 | 1,239€ |
| 599 | Img Montenegro03128580 · Podgorica | <0.1% | 210,222€ | +1,168.2% | -2,643€ | -1.3% | 2 | 1,460€ |
| 600 | Verum Consulting03244423 · Budva | <0.1% | 210,191€ | -2.7% | 4,656€ | 2.2% | 8 | 1,439€ |