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 1101–1150 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* |
|---|
| 1101 | Plima Design03303268 · Tivat | <0.1% | 89,099€ | +3.4% | 1,423€ | 1.6% | 2 | 1,085€ |
| 1102 | Modesty MK02939363 · Podgorica | <0.1% | 89,024€ | +31.0% | 893€ | 1.0% | 1 | 2,756€ |
| 1103 | Jugoinspekt Podgorica02026716 · Bar | <0.1% | 89,004€ | +19.4% | 10,601€ | 11.9% | 6 | 875€ |
| 1104 | Did Konsalting02741725 · Budva | <0.1% | 88,868€ | +25.8% | 27,880€ | 31.4% | 2 | 1,613€ |
| 1105 | Vektoron03348024 · Podgorica | <0.1% | 88,726€ | -1.8% | -11,193€ | -12.6% | 2 | 695€ |
| 1106 | HRP International03238091 · Podgorica | <0.1% | 88,710€ | -50.5% | 27,880€ | 31.4% | 1 | 416€ |
| 1107 | Alpha Consulting03417573 · Podgorica | <0.1% | 88,594€ | +19.1% | 13,248€ | 15.0% | 1 | 1,271€ |
| 1108 | RD 29. Oktobar02817209 · Kotor | <0.1% | 88,430€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 41,762€ | 47.2% | 2 | 733€ |
| 1109 | Pro-Tok Inženjering03750531 · Danilovgrad | <0.1% | 88,307€ | No filing for 2024. | 40,660€ | 46.0% | 2 | 1,808€ |
| 1110 | Medison Pharma Montenegro03341062 · Podgorica | <0.1% | 87,812€ | -19.2% | 550€ | 0.6% | 1 | 4,986€ |
| 1111 | Karmus Nba03396053 · Herceg Novi | <0.1% | 87,741€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 17,947€ | 20.5% | 1 | 4,263€ |
| 1112 | Geo Pro03595471 · Podgorica | <0.1% | 87,624€ | +81.5% | 28,073€ | 32.0% | 1 | 2,894€ |
| 1113 | Mihailović Consulting03636356 · Bar | <0.1% | 87,616€ | +44.9% | 42,723€ | 48.8% | 1 | 947€ |
| 1114 | Ac Momom02892448 · Podgorica | <0.1% | 87,552€ | +19.1% | 1,580€ | 1.8% | 3 | 912€ |
| 1115 | Accounting & Consulting Solutions03298299 · Podgorica | <0.1% | 87,331€ | +30.2% | 6,264€ | 7.2% | 4 | 1,427€ |
| 1116 | V&B Studio Design02983222 · Ulcinj | <0.1% | 87,314€ | +73.7% | 8,704€ | 10.0% | 4 | 1,054€ |
| 1117 | Ružičić, Vulanović03408027 · Nikšić | <0.1% | 87,292€ | +0.3% | 5,787€ | 6.6% | 3 | 1,419€ |
| 1118 | Stars Up03183246 · Podgorica | <0.1% | 87,265€ | -8.0% | 1,466€ | 1.7% | 1 | 5,184€ |
| 1119 | RV & Av02760045 · Budva | <0.1% | 87,240€ | -9.9% | 10,987€ | 12.6% | 1 | 2,145€ |
| 1120 | Smart Finance03336298 · Ulcinj | <0.1% | 87,209€ | +10.4% | 7,988€ | 9.2% | 7 | 723€ |
| 1121 | Fachwelt Verlag03365522 · Ulcinj | <0.1% | 87,194€ | -39.6% | 10,284€ | 11.8% | 1 | 1,811€ |
| 1122 | Studio Piksel03167623 · Podgorica | <0.1% | 87,041€ | -4.7% | -13,116€ | -15.1% | 2 | 1,934€ |
| 1123 | Kosmopolit S03244253 · Bijelo Polje | <0.1% | 87,028€ | +62.9% | -14,116€ | -16.2% | 8 | 948€ |
| 1124 | Upbeat Hub03226565 · Podgorica | <0.1% | 86,655€ | -4.7% | 3,976€ | 4.6% | 3 | 979€ |
| 1125 | Faing02156300 · Podgorica | <0.1% | 86,558€ | -4.3% | -7,151€ | -8.3% | 3 | 836€ |
| 1126 | Pillbie03481859 · Podgorica | <0.1% | 86,437€ | +136.5% | 34,712€ | 40.2% | 1 | 1,348€ |
| 1127 | Bring03707911 · Danilovgrad | <0.1% | 86,306€ | +2,354.0% | 44,189€ | 51.2% | 2 | 1,053€ |
| 1128 | Pavonik Energy03172945 · Bar | <0.1% | 86,278€ | +20.8% | 40,491€ | 46.9% | 1 | 1,748€ |
| 1129 | M&M.KOM03110885 · Herceg Novi | <0.1% | 86,080€ | -5.9% | 9,673€ | 11.2% | 2 | 2,265€ |
| 1130 | D&S Accounting03162826 · Herceg Novi | <0.1% | 85,792€ | +62.2% | 7,560€ | 8.8% | 1 | 2,432€ |
| 1131 | Ag Finance02907208 · Ulcinj | <0.1% | 85,658€ | +1.3% | 23,691€ | 27.7% | 2 | 1,289€ |
| 1132 | Montebilans03226204 · Podgorica | <0.1% | 85,253€ | +244.8% | 5,482€ | 6.4% | 1 | 339€ |
| 1133 | Creative Bee - Brend & Identity Studio03042782 · Nikšić | <0.1% | 85,211€ | +11.2% | 9,337€ | 11.0% | 2 | 2,066€ |
| 1134 | Boka Business Services03205398 · Kotor | <0.1% | 85,157€ | +55.2% | 905€ | 1.1% | 4 | 1,250€ |
| 1135 | CDC Project03120503 · Podgorica | <0.1% | 85,100€ | +116.6% | 27,911€ | 32.8% | 3 | 943€ |
| 1136 | Maven Vision03733840 · Podgorica | <0.1% | 84,561€ | No filing for 2024. | 1,588€ | 1.9% | 2 | 1,697€ |
| 1137 | Ortačko Advokatsko Društvo PLK Advokati-Prelević, Lučić03344851 · Podgorica | <0.1% | 84,533€ | -62.6% | 9,129€ | 10.8% | 4 | 1,112€ |
| 1138 | Max Consulting & Accounting03632628 · Podgorica | <0.1% | 84,167€ | +85.8% | 3,199€ | 3.8% | 3 | 1,770€ |
| 1139 | Bilans Agencija02880822 · Pljevlja | <0.1% | 84,156€ | +19.0% | 4,908€ | 5.8% | 7 | 807€ |
| 1140 | Media Intelligence02852446 · Podgorica | <0.1% | 84,120€ | 0.0% | -6,300€ | -7.5% | 1 | 4,258€ |
| 1141 | MP Trokut03072282 · Tivat | <0.1% | 84,000€ | +52.9% | 28,229€ | 33.6% | 1 | 3,534€ |
| 1142 | Aeffe03108295 · Podgorica | <0.1% | 83,904€ | -12.0% | 11,211€ | 13.4% | 1 | 795€ |
| 1143 | I&S Invest03469484 · Bijelo Polje | <0.1% | 83,900€ | +9.3% | 2,817€ | 3.4% | 5 | 1,264€ |
| 1144 | City Led03172252 · Herceg Novi | <0.1% | 83,882€ | +111.8% | 1,456€ | 1.7% | 2 | 528€ |
| 1145 | Smart Accounting03350100 · Nikšić | <0.1% | 83,841€ | +23.9% | 6,590€ | 7.9% | 5 | 1,087€ |
| 1146 | Monte Job02963434 · Budva | <0.1% | 83,650€ | +33.3% | 5,026€ | 6.0% | 3 | 1,394€ |
| 1147 | JPS Invest03234444 · Tivat | <0.1% | 83,585€ | +14.6% | 28,863€ | 34.5% | 1 | 1,132€ |
| 1148 | Contractual Claiming03473759 · Podgorica | <0.1% | 83,563€ | -30.7% | -4,265€ | -5.1% | 2 | 1,421€ |
| 1149 | Concept Studio03291430 · Podgorica | <0.1% | 83,262€ | -35.3% | 14,912€ | 17.9% | 1 | 2,766€ |
| 1150 | Violet Investment03580806 · Podgorica | <0.1% | 83,171€ | +170.8% | -48,193€ | -57.9% | 4 | 952€ |