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 951–1000 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* |
|---|
| 951 | Andersen Savjetovanje03670481 · Podgorica | <0.1% | 111,500€ | +32.4% | 55,227€ | 49.5% | 1 | 675€ |
| 952 | Arcus-Accounting-Revision-Consulting02854414 · Podgorica | <0.1% | 111,446€ | +5.2% | 4,675€ | 4.2% | 7 | 891€ |
| 953 | Rakusam03193411 · Podgorica | <0.1% | 111,262€ | +29.7% | 726€ | 0.7% | 6 | 605€ |
| 954 | Orpack Packaging03212033 · Tivat | <0.1% | 111,179€ | +2,187.6% | 82,793€ | 74.5% | 1 | 1,597€ |
| 955 | Geo Invest03176843 · Podgorica | <0.1% | 110,973€ | -10.6% | 32,192€ | 29.0% | 2 | 1,483€ |
| 956 | Rollo Master03712435 · Zeta | <0.1% | 110,538€ | +860.4% | 1,669€ | 1.5% | 2 | 375€ |
| 957 | PR Consultancy Hub03586227 · Podgorica | <0.1% | 110,305€ | -15.5% | 13,416€ | 12.2% | 4 | 979€ |
| 958 | Geo - Sistem02626489 · Podgorica | <0.1% | 110,085€ | +16.4% | 20,458€ | 18.6% | 3 | 1,100€ |
| 959 | Numerus02358352 · Bar | <0.1% | 110,050€ | +1.8% | 624€ | 0.6% | 7 | 851€ |
| 960 | SG Company02742250 · Danilovgrad | <0.1% | 110,026€ | +26.5% | 23,380€ | 21.2% | 3 | 725€ |
| 961 | Pozitiviti03315487 · Podgorica | <0.1% | 110,018€ | +22.0% | 39,248€ | 35.7% | 1 | 4,086€ |
| 962 | Meta Digital03415040 · Budva | <0.1% | 110,000€ | +3.8% | 2,755€ | 2.5% | 1 | 7,613€ |
| 963 | Karadag Group03410358 · Budva | <0.1% | 109,862€ | +96.0% | 44,130€ | 40.2% | 6 | 724€ |
| 964 | Atlas Technology Solutions Montenegro03378110 · Podgorica | <0.1% | 109,035€ | +8.5% | 1,418€ | 1.3% | 1 | 8,201€ |
| 965 | Arhi Grad02753901 · Podgorica | <0.1% | 108,666€ | +218.5% | 37,776€ | 34.8% | 2 | 1,121€ |
| 966 | Apex Family Office03417751 · Podgorica | <0.1% | 108,644€ | -69.3% | 59,170€ | 54.5% | 1 | — |
| 967 | Quercus Company02739143 · Podgorica | <0.1% | 108,632€ | -3.8% | 92,447€ | 85.1% | 1 | 928€ |
| 968 | Small Office02725924 · Herceg Novi | <0.1% | 108,469€ | +0.7% | 6,912€ | 6.4% | 9 | 663€ |
| 969 | M Pejović03081206 · Bar | <0.1% | 108,402€ | +34.1% | 7,491€ | 6.9% | 4 | 824€ |
| 970 | Vujadin Komerc02186527 · Herceg Novi | <0.1% | 107,654€ | -64.5% | -56,961€ | -52.9% | 8 | 741€ |
| 971 | Swiss Consulting03588017 · Bijelo Polje | <0.1% | 107,583€ | +12.7% | 39,409€ | 36.6% | 4 | 979€ |
| 972 | Ingerop MN03010899 · Podgorica | <0.1% | 107,347€ | -83.2% | 7,772€ | 7.2% | 4 | 1,366€ |
| 973 | Ines Consulting03620778 · Berane | <0.1% | 107,339€ | +66.6% | 41,685€ | 38.8% | 3 | 1,816€ |
| 974 | 187 Media03464440 · Podgorica | <0.1% | 107,301€ | +28.1% | 2,097€ | 2.0% | 3 | 900€ |
| 975 | Symmetria02698676 · Podgorica | <0.1% | 106,702€ | +246.0% | 19,740€ | 18.5% | 4 | 1,018€ |
| 976 | Vert02379341 · Podgorica | <0.1% | 106,576€ | -13.0% | 4,918€ | 4.6% | 4 | 1,038€ |
| 977 | Mali Kolektiv03242943 · Budva | <0.1% | 106,382€ | +45.7% | 51,751€ | 48.6% | 1 | 1,885€ |
| 978 | S-Konto02639530 · Podgorica | <0.1% | 106,360€ | +15.5% | 3,473€ | 3.3% | 5 | 1,427€ |
| 979 | Mihajlović-Miletić03295524 · Herceg Novi | <0.1% | 106,267€ | +37.1% | 588€ | 0.6% | 5 | 802€ |
| 980 | Energy Vision03490378 · Podgorica | <0.1% | 106,126€ | -7.7% | -42,272€ | -39.8% | 2 | 561€ |
| 981 | Monte Invest02445425 · Podgorica | <0.1% | 106,112€ | -43.9% | -358,912€ | -338.2% | 1 | 516€ |
| 982 | A Team02975033 · Kotor | <0.1% | 105,922€ | +5.9% | 1,061€ | 1.0% | 4 | 1,847€ |
| 983 | Jokić 4V03075354 · Kotor | <0.1% | 105,814€ | +9.6% | -71,455€ | -67.5% | 3 | 4,462€ |
| 984 | For03076008 · Podgorica | <0.1% | 105,676€ | +29.6% | 6,029€ | 5.7% | 1 | 1,017€ |
| 985 | Dracha03440125 · Podgorica | <0.1% | 105,642€ | +52.3% | 5,924€ | 5.6% | 3 | 1,189€ |
| 986 | Tantor03625222 · Podgorica | <0.1% | 105,602€ | +69.2% | 49,126€ | 46.5% | 1 | 1,775€ |
| 987 | No Form Architects03215024 · Podgorica | <0.1% | 105,581€ | +90.4% | 21,848€ | 20.7% | 3 | 1,131€ |
| 988 | Bilans KS02877414 · Herceg Novi | <0.1% | 105,525€ | +31.3% | 11,454€ | 10.9% | 2 | 1,138€ |
| 989 | LD Studio03219844 · Budva | <0.1% | 105,519€ | +16.7% | 4,495€ | 4.3% | 3 | 848€ |
| 990 | Mat - Pro02684225 · Podgorica | <0.1% | 105,315€ | +4.6% | 1,017€ | 1.0% | 2 | 2,602€ |
| 991 | M & S Design02795230 · Podgorica | <0.1% | 104,784€ | -34.7% | 970€ | 0.9% | 3 | 923€ |
| 992 | SM Logistic03243338 · Podgorica | <0.1% | 104,783€ | -12.9% | 11,203€ | 10.7% | 4 | 940€ |
| 993 | Draf03410196 · Podgorica | <0.1% | 104,654€ | -22.4% | -54,410€ | -52.0% | 2 | 2,312€ |
| 994 | Diginow03653013 · Podgorica | <0.1% | 104,034€ | +954.0% | 60,536€ | 58.2% | 1 | 1,573€ |
| 995 | Devite02432102 · Budva | <0.1% | 103,858€ | -1.6% | 29,788€ | 28.7% | 4 | 801€ |
| 996 | Pigmalion03685829 · Podgorica | <0.1% | 103,758€ | +170.9% | -10,316€ | -9.9% | 1 | 7,278€ |
| 997 | Prospect03343766 · Podgorica | <0.1% | 103,675€ | -14.2% | 22,570€ | 21.8% | 1 | 2,913€ |
| 998 | Circle Consulting03711757 · Podgorica | <0.1% | 103,522€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 21,627€ | 20.9% | 1 | 4,322€ |
| 999 | Zoriva03268217 · Podgorica | <0.1% | 103,335€ | +0.8% | -16€ | -0.0% | 2 | 1,569€ |
| 1000 | Glanz03299473 · Podgorica | <0.1% | 103,326€ | +12.2% | 4,484€ | 4.3% | 3 | 1,908€ |