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 851–900 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* |
|---|
| 851 | Fire Protection Experts03465888 · Budva | <0.1% | 129,830€ | +1,522.9% | 98,479€ | 75.9% | 1 | 1,254€ |
| 852 | Eurorev02462192 · Podgorica | <0.1% | 129,733€ | +1.0% | 21,261€ | 16.4% | 3 | 1,914€ |
| 853 | Gorje02689863 · Tivat | <0.1% | 129,083€ | +17.0% | 14,875€ | 11.5% | 4 | 1,189€ |
| 854 | Ecostar Europe03255166 · Tivat | <0.1% | 128,874€ | +324.4% | 110,065€ | 85.4% | 1 | 677€ |
| 855 | Geonik02703483 · Herceg Novi | <0.1% | 128,567€ | +37.5% | 9,979€ | 7.8% | 5 | 1,450€ |
| 856 | Medicus Vet03305627 · Podgorica | <0.1% | 128,533€ | +3.3% | -3,732€ | -2.9% | 4 | 1,000€ |
| 857 | Connectuj.Me03693341 · Podgorica | <0.1% | 128,473€ | +663.4% | 12,912€ | 10.1% | 2 | 2,247€ |
| 858 | Europrojekt02800594 · Podgorica | <0.1% | 128,177€ | +2.9% | 20,969€ | 16.4% | 5 | 1,118€ |
| 859 | Mirna Robert Epidemiology03264998 · Tivat | <0.1% | 127,433€ | -23.8% | 67,366€ | 52.9% | 2 | 428€ |
| 860 | Report Plus L03056678 · Podgorica | <0.1% | 127,312€ | +18.8% | 7,563€ | 5.9% | 8 | 622€ |
| 861 | Media Star02891093 · Podgorica | <0.1% | 127,300€ | +11.8% | 58,612€ | 46.0% | 1 | 2,333€ |
| 862 | Profit $02925095 · Budva | <0.1% | 126,843€ | +12.7% | 2,122€ | 1.7% | 5 | 1,568€ |
| 863 | Berto Company - Poreski Savjetnici02235579 · Podgorica | <0.1% | 126,655€ | -5.2% | -22,217€ | -17.5% | 4 | 2,683€ |
| 864 | Kodal02110288 · Podgorica | <0.1% | 126,509€ | +15.0% | 7,749€ | 6.1% | 7 | 1,195€ |
| 865 | Artkon03238920 · Tivat | <0.1% | 126,232€ | +71.8% | 23,042€ | 18.3% | 2 | 1,141€ |
| 866 | Geo - Metar02902753 · Podgorica | <0.1% | 125,826€ | -9.9% | 4,680€ | 3.7% | 4 | 922€ |
| 867 | NTG Projekt03759482 · Podgorica | <0.1% | 125,469€ | No filing for 2024. | 19,819€ | 15.8% | 1 | 1,312€ |
| 868 | Boalsa02949202 · Kotor | <0.1% | 125,442€ | -3.9% | 1,685€ | 1.3% | 6 | 1,283€ |
| 869 | Win Project02344947 · Nikšić | <0.1% | 125,393€ | -1.5% | 14,965€ | 11.9% | 3 | 1,861€ |
| 870 | Riznica02924226 · Pljevlja | <0.1% | 125,374€ | +15.1% | 1,711€ | 1.4% | 6 | 1,430€ |
| 871 | Eu Consultancy03003060 · Podgorica | <0.1% | 125,086€ | +54.3% | 2,485€ | 2.0% | 1 | 796€ |
| 872 | Bilans Consulting02708787 · Budva | <0.1% | 125,078€ | +17.6% | 41,764€ | 33.4% | 3 | 1,324€ |
| 873 | The Host03275442 · Tivat | <0.1% | 125,000€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 72,562€ | 58.0% | 1 | 3,203€ |
| 874 | Avm Architects03375161 · Podgorica | <0.1% | 124,887€ | +48.4% | 13,975€ | 11.2% | 4 | 1,479€ |
| 875 | Autorska Agencija Crne Gore02008122 · Herceg Novi | <0.1% | 124,766€ | -1.0% | 689€ | 0.6% | 2 | 5,094€ |
| 876 | DK Project03638081 · Podgorica | <0.1% | 124,751€ | +84.1% | 2,925€ | 2.3% | 2 | 1,208€ |
| 877 | Aspekt Medija02708221 · Podgorica | <0.1% | 124,547€ | -7.0% | 10,142€ | 8.1% | 2 | 2,081€ |
| 878 | Pop Projekt02713110 · Podgorica | <0.1% | 124,470€ | +139.5% | 48,303€ | 38.8% | 2 | 1,062€ |
| 879 | Đukić02154404 · Bar | <0.1% | 124,416€ | +0.8% | 109€ | 0.1% | 8 | 846€ |
| 880 | Dedić02358565 · Podgorica | <0.1% | 123,968€ | -1.9% | -8,746€ | -7.1% | 4 | 1,546€ |
| 881 | Bhe Nautical Nexus03662101 · Tivat | <0.1% | 123,854€ | +299.7% | 62,852€ | 50.7% | 2 | 1,106€ |
| 882 | Cap 9903386589 · Podgorica | <0.1% | 123,685€ | +62.8% | 33,021€ | 26.7% | 1 | 3,684€ |
| 883 | Profi Com02712547 · Nikšić | <0.1% | 123,632€ | +0.8% | 13,818€ | 11.2% | 8 | 673€ |
| 884 | S2plan03311414 · Rožaje | <0.1% | 123,457€ | +135.5% | 9,185€ | 7.4% | 2 | 1,367€ |
| 885 | Creative Montenegro03287955 · Bijelo Polje | <0.1% | 123,338€ | +55.9% | 7,605€ | 6.2% | 3 | 1,077€ |
| 886 | ML Mićković03138062 · Podgorica | <0.1% | 122,978€ | +16.7% | 10,187€ | 8.3% | 2 | 2,282€ |
| 887 | Rad02964635 · Žabljak | <0.1% | 122,893€ | -38.9% | 10,912€ | 8.9% | 2 | 731€ |
| 888 | CMS Reich Rohrwig Hainz02900203 · Podgorica | <0.1% | 122,270€ | +19.7% | -10,486€ | -8.6% | 2 | 2,494€ |
| 889 | Soa J&M03485129 · Podgorica | <0.1% | 122,269€ | +105.5% | 17,379€ | 14.2% | 1 | 7,029€ |
| 890 | Mi Tim03397793 · Budva | <0.1% | 122,090€ | +62.0% | 38,523€ | 31.6% | 4 | 929€ |
| 891 | Meditera03396096 · Podgorica | <0.1% | 122,061€ | +183.0% | 13,579€ | 11.1% | 3 | 1,595€ |
| 892 | K - Inženjering03177572 · Podgorica | <0.1% | 121,928€ | +6.5% | 878€ | 0.7% | 2 | 459€ |
| 893 | Auto Centar-Kalezić02692708 · Danilovgrad | <0.1% | 121,871€ | -24.2% | -4,479€ | -3.7% | 2 | 540€ |
| 894 | Silver Wind03238954 · Podgorica | <0.1% | 121,753€ | +5,301.6% | 105,503€ | 86.7% | 1 | 364€ |
| 895 | VL Inženjering02894483 · Budva | <0.1% | 121,400€ | +8.9% | 49,846€ | 41.1% | 3 | 1,079€ |
| 896 | Arhicon02314452 · Podgorica | <0.1% | 121,306€ | +137.5% | 23,789€ | 19.6% | 3 | 1,374€ |
| 897 | Apex Capital Partners03098095 · Podgorica | <0.1% | 121,285€ | -92.6% | -212,930€ | -175.6% | 4 | 3,129€ |
| 898 | Carestream Financial Services03312160 · Tivat | <0.1% | 121,210€ | -64.4% | -76,455€ | -63.1% | 2 | 3,545€ |
| 899 | Veterinarska Ambulanta DR Saša Drljević03022528 · Kolašin | <0.1% | 121,096€ | -9.9% | 4,839€ | 4.0% | 4 | 921€ |
| 900 | MM - Mont02728516 · Nikšić | <0.1% | 121,022€ | +33.6% | 22,762€ | 18.8% | 4 | 717€ |