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 1551–1600 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* |
|---|
| 1551 | Koperatiff Advertising Agency03330214 · Podgorica | <0.1% | 49,690€ | +167.2% | 27,274€ | 54.9% | 1 | 1,597€ |
| 1552 | Centar za Radno i Poslovno Pravo03295354 · Podgorica | <0.1% | 49,659€ | -10.7% | 1,520€ | 3.1% | 2 | 975€ |
| 1553 | Frau03345181 · Podgorica | <0.1% | 49,607€ | +32.4% | 3,470€ | 7.0% | 1 | 940€ |
| 1554 | Kontra Agencija03749436 · Tivat | <0.1% | 49,463€ | No filing for 2024. | 14,176€ | 28.7% | 1 | 759€ |
| 1555 | Monolit Projekt03009521 · Budva | <0.1% | 49,183€ | -44.3% | -12,116€ | -24.6% | 6 | 776€ |
| 1556 | Credit Law02783088 · Podgorica | <0.1% | 49,033€ | +4.5% | -942€ | -1.9% | 3 | 646€ |
| 1557 | Kancelarija Popović02103818 · Podgorica | <0.1% | 48,941€ | +2.3% | 3,049€ | 6.2% | 1 | 2,279€ |
| 1558 | SW Food Consulting03766616 · Budva | <0.1% | 48,930€ | No filing for 2024. | 43,178€ | 88.2% | 1 | — |
| 1559 | Liri & Loni02352818 · Ulcinj | <0.1% | 48,803€ | +59.1% | 11,004€ | 22.5% | 3 | 713€ |
| 1560 | Ingenius03336956 · Podgorica | <0.1% | 48,716€ | +81.2% | 1,913€ | 3.9% | 2 | 1,411€ |
| 1561 | Bimis02722623 · Podgorica | <0.1% | 48,680€ | +24.8% | 3,385€ | 7.0% | 4 | 809€ |
| 1562 | Mam-Zaštita na Radu03299945 · Podgorica | <0.1% | 48,677€ | +62.3% | 13,953€ | 28.7% | 3 | 385€ |
| 1563 | Ambijent MV03180832 · Budva | <0.1% | 48,659€ | +120.5% | 3,379€ | 6.9% | 1 | 2,021€ |
| 1564 | MY Finance03355004 · Podgorica | <0.1% | 48,646€ | +51.3% | 6,523€ | 13.4% | 2 | 1,117€ |
| 1565 | Alpcon03729532 · Kotor | <0.1% | 48,580€ | No filing for 2024. | 18,779€ | 38.7% | 0 | — |
| 1566 | Financial Hub03725693 · Podgorica | <0.1% | 48,442€ | No filing for 2024. | 13,154€ | 27.2% | 2 | 963€ |
| 1567 | Ar-En Group03604772 · Ulcinj | <0.1% | 48,418€ | +221.5% | -6,673€ | -13.8% | 2 | 678€ |
| 1568 | Intermediation of Balkan Nations03539725 · Podgorica | <0.1% | 48,409€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 9,747€ | 20.1% | 1 | 563€ |
| 1569 | Growthcom Group03354954 · Budva | <0.1% | 48,329€ | +422.1% | 32,373€ | 67.0% | 1 | 1,058€ |
| 1570 | Good Job03242064 · Podgorica | <0.1% | 48,321€ | +26.0% | 8,129€ | 16.8% | 2 | 701€ |
| 1571 | Smart Build03299490 · Budva | <0.1% | 48,311€ | -19.6% | 12,367€ | 25.6% | 2 | 831€ |
| 1572 | Moj Stil03327477 · Danilovgrad | <0.1% | 48,294€ | +4,729.4% | 3,466€ | 7.2% | 5 | 710€ |
| 1573 | Influx03143279 · Podgorica | <0.1% | 48,272€ | +23.7% | 683€ | 1.4% | 2 | 930€ |
| 1574 | Sfai Montenegro03153428 · Podgorica | <0.1% | 48,232€ | -18.7% | -900€ | -1.9% | 2 | 786€ |
| 1575 | Geo-Lux03604497 · Berane | <0.1% | 48,219€ | +77.4% | 7,792€ | 16.2% | 4 | 588€ |
| 1576 | Procommerce Partners03421422 · Budva | <0.1% | 48,200€ | +24.8% | -2,106€ | -4.4% | 2 | 677€ |
| 1577 | Eko-Centar02720434 · Nikšić | <0.1% | 48,142€ | +16.9% | 7,455€ | 15.5% | 1 | 1,636€ |
| 1578 | Sanmar03308146 · Kotor | <0.1% | 48,035€ | +64.7% | 12,567€ | 26.2% | 3 | 752€ |
| 1579 | I.Arhitekt03467309 · Podgorica | <0.1% | 48,026€ | +124.4% | 3,112€ | 6.5% | 1 | 2,947€ |
| 1580 | Agencija za Geodetsko-Katastarske Poslove Progres MV02317575 · Berane | <0.1% | 47,970€ | +27.0% | 3,137€ | 6.5% | 3 | 803€ |
| 1581 | Per Tehno02868199 · Tivat | <0.1% | 47,897€ | +56.5% | 7,655€ | 16.0% | 1 | 927€ |
| 1582 | Mat Konstruktor03171353 · Podgorica | <0.1% | 47,640€ | +306.2% | 30,320€ | 63.6% | 1 | 922€ |
| 1583 | Aqua Bim03378098 · Podgorica | <0.1% | 47,430€ | +55.4% | 10,887€ | 23.0% | 1 | 1,738€ |
| 1584 | Smart Account03130525 · Tuzi | <0.1% | 47,408€ | +532.1% | -15,570€ | -32.8% | 1 | 1,368€ |
| 1585 | Piyo&Co02197294 · Herceg Novi | <0.1% | 47,337€ | +27.2% | 2,128€ | 4.5% | 4 | 663€ |
| 1586 | Proclient03405966 · Podgorica | <0.1% | 47,322€ | +47.3% | 13,442€ | 28.4% | 1 | 1,961€ |
| 1587 | Noteexpert03627110 · Podgorica | <0.1% | 47,280€ | +179.2% | 454€ | 1.0% | 1 | 928€ |
| 1588 | Inter - Profit03215938 · Kotor | <0.1% | 47,245€ | +3.4% | 6,674€ | 14.1% | 3 | 556€ |
| 1589 | Arc Digitals03642305 · Budva | <0.1% | 47,106€ | +726.4% | 10,066€ | 21.4% | 3 | 613€ |
| 1590 | Hestija - H03007138 · Nikšić | <0.1% | 47,038€ | +6.0% | 1,353€ | 2.9% | 5 | 643€ |
| 1591 | LMR Consulting Partners02875543 · Podgorica | <0.1% | 47,034€ | +42.2% | 29€ | 0.1% | 1 | 1,928€ |
| 1592 | Amv Provita02732564 · Danilovgrad | <0.1% | 47,025€ | -8.3% | 157€ | 0.3% | 1 | 985€ |
| 1593 | X3 Consulting03523233 · Budva | <0.1% | 47,025€ | -70.2% | 14,446€ | 30.7% | 1 | 760€ |
| 1594 | European Ipa Investment Strategy Agency03769020 · Podgorica | <0.1% | 46,984€ | No filing for 2024. | 28,225€ | 60.1% | 1 | 386€ |
| 1595 | One Lux03125467 · Ulcinj | <0.1% | 46,855€ | +4.7% | -1,708€ | -3.6% | 1 | 2,342€ |
| 1596 | Kaba-Inženjering02269392 · Podgorica | <0.1% | 46,832€ | +8.2% | 4,655€ | 9.9% | 2 | 1,146€ |
| 1597 | E.Nour Architecture03590852 · Rožaje | <0.1% | 46,817€ | +3.0% | 20,374€ | 43.5% | 1 | 925€ |
| 1598 | Donski02439115 · Kotor | <0.1% | 46,780€ | +2.0% | 2,652€ | 5.7% | 2 | 1,372€ |
| 1599 | OKI.ME02859378 | <0.1% | 46,712€ | +17.0% | 1,497€ | 3.2% | 1 | 2,033€ |
| 1600 | Schwarzberg Services03617246 · Bar | <0.1% | 46,698€ | -2.6% | 27,117€ | 58.1% | 1 | 1,241€ |