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 1651–1700 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* |
|---|
| 1651 | Nabal03421783 · Podgorica | <0.1% | 43,729€ | +9.1% | 1,042€ | 2.4% | 1 | 3,033€ |
| 1652 | Foto Polić02656485 · Herceg Novi | <0.1% | 43,724€ | +33.5% | -2,584€ | -5.9% | 3 | 844€ |
| 1653 | Demetra Mne03538346 · Budva | <0.1% | 43,688€ | +74.1% | 6,023€ | 13.8% | 2 | 710€ |
| 1654 | Invest - Consulting02916398 · Herceg Novi | <0.1% | 43,614€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 8,977€ | 20.6% | 1 | 2,598€ |
| 1655 | Finance GS03239594 · Bar | <0.1% | 43,461€ | +27.4% | 9,665€ | 22.2% | 3 | 564€ |
| 1656 | Montaža Folija03717038 · Podgorica | <0.1% | 43,331€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 1,478€ | 3.4% | 1 | 1,121€ |
| 1657 | Marniković02876850 · Ulcinj | <0.1% | 43,272€ | +4.8% | 3,514€ | 8.1% | 3 | 683€ |
| 1658 | Epikura03497925 · Tivat | <0.1% | 43,227€ | +333.4% | 17,069€ | 39.5% | 1 | 926€ |
| 1659 | G Solutions Group03708225 · Budva | <0.1% | 43,187€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 16,554€ | 38.3% | 2 | 765€ |
| 1660 | Advert & Son03539946 · Nikšić | <0.1% | 43,183€ | -4.0% | 5,277€ | 12.2% | 1 | 1,944€ |
| 1661 | Geoart02990687 · Podgorica | <0.1% | 43,169€ | -45.5% | 1,328€ | 3.1% | 1 | 2,288€ |
| 1662 | Accounting Pro03007731 · Bar | <0.1% | 43,139€ | +6.0% | 1,150€ | 2.7% | 3 | 989€ |
| 1663 | Prava Priča02955512 · Podgorica | <0.1% | 43,135€ | +125.0% | 2,320€ | 5.4% | 2 | 1,224€ |
| 1664 | Profit Up03217353 · Podgorica | <0.1% | 43,134€ | +65.2% | 11,292€ | 26.2% | 1 | 1,857€ |
| 1665 | Špica International03011747 · Podgorica | <0.1% | 43,120€ | +28.3% | 1,255€ | 2.9% | 1 | 2,615€ |
| 1666 | Data River03558142 · Tivat | <0.1% | 43,110€ | -24.9% | -9,164€ | -21.3% | 2 | 1,397€ |
| 1667 | Proconsa03357686 · Budva | <0.1% | 43,039€ | +835.6% | 902€ | 2.1% | 3 | 634€ |
| 1668 | Harmon Visual Solutions03340589 · Tivat | <0.1% | 43,012€ | -1.7% | 6,486€ | 15.1% | 1 | 1,493€ |
| 1669 | Lady Gin Prof03668495 · Bar | <0.1% | 43,010€ | -3.1% | 8,757€ | 20.4% | 1 | 2,584€ |
| 1670 | RTB Office02454734 · Herceg Novi | <0.1% | 42,995€ | +15.1% | 1,413€ | 3.3% | 2 | 960€ |
| 1671 | Legal Point03641937 · Podgorica | <0.1% | 42,940€ | +461.3% | 8,479€ | 19.7% | 1 | — |
| 1672 | Ribizla03132447 · Podgorica | <0.1% | 42,799€ | +28.5% | 7,090€ | 16.6% | 1 | 1,187€ |
| 1673 | S&S Accounting03157300 · Podgorica | <0.1% | 42,797€ | -1.1% | 3,636€ | 8.5% | 2 | 897€ |
| 1674 | Heliodur02280027 · Podgorica | <0.1% | 42,700€ | -9.7% | 1,144€ | 2.7% | 2 | 473€ |
| 1675 | SNS Drašković03217256 · Podgorica | <0.1% | 42,699€ | +15.3% | 133€ | 0.3% | 2 | 726€ |
| 1676 | DS Ing03673642 · Podgorica | <0.1% | 42,607€ | +575.1% | 1,794€ | 4.2% | 1 | 2,604€ |
| 1677 | Standard Accounting03336042 · Podgorica | <0.1% | 42,593€ | +51.4% | 1,456€ | 3.4% | 1 | 2,475€ |
| 1678 | WBS Investments02809141 · Podgorica | <0.1% | 42,470€ | +55.4% | 3,822€ | 9.0% | 1 | 2,985€ |
| 1679 | Zona M02625601 · Podgorica | <0.1% | 42,466€ | -2.9% | 349€ | 0.8% | 2 | 1,096€ |
| 1680 | Info Intel02299178 · Podgorica | <0.1% | 42,380€ | +8.6% | -23€ | -0.1% | 3 | 924€ |
| 1681 | Aqualink03702189 · Rožaje | <0.1% | 42,307€ | +613.3% | 10,110€ | 23.9% | 3 | 889€ |
| 1682 | Weise Stadt Investments03268381 · Kotor | <0.1% | 42,235€ | -2.2% | -1,680€ | -4.0% | 1 | 1,712€ |
| 1683 | DJM Finance03758044 · Podgorica | <0.1% | 42,146€ | No filing for 2024. | 16,566€ | 39.3% | 1 | 1,205€ |
| 1684 | Profit Consulting03098281 · Bijelo Polje | <0.1% | 42,080€ | +43.4% | 2,056€ | 4.9% | 3 | 965€ |
| 1685 | B Solutions03420680 · Tivat | <0.1% | 42,077€ | +15.9% | 9,038€ | 21.5% | 2 | 1,144€ |
| 1686 | Klima Montenegro03285413 · Herceg Novi | <0.1% | 42,039€ | -18.7% | 11,485€ | 27.3% | 1 | — |
| 1687 | Abakus Plus03100570 · Budva | <0.1% | 41,935€ | +9.6% | 1,185€ | 2.8% | 3 | 801€ |
| 1688 | Medart Investment03329941 · Tivat | <0.1% | 41,925€ | -42.4% | 1,664€ | 4.0% | 1 | 929€ |
| 1689 | Numer Saj03234215 · Podgorica | <0.1% | 41,895€ | +57.0% | 2,356€ | 5.6% | 4 | 626€ |
| 1690 | Savoja02808897 · Podgorica | <0.1% | 41,848€ | +43.5% | 13,927€ | 33.3% | 1 | 1,572€ |
| 1691 | Namienso03697983 · Rožaje | <0.1% | 41,778€ | +608.1% | 7,767€ | 18.6% | 2 | 1,299€ |
| 1692 | Fisso Group03300854 · Podgorica | <0.1% | 41,558€ | -31.3% | 252€ | 0.6% | 1 | — |
| 1693 | Geo-Tim02739518 · Podgorica | <0.1% | 41,529€ | +0.1% | 10,005€ | 24.1% | 2 | 819€ |
| 1694 | Module Agency03489051 · Tivat | <0.1% | 41,418€ | -15.0% | 11,913€ | 28.8% | 1 | 1,446€ |
| 1695 | Komodiko03217485 · Podgorica | <0.1% | 41,326€ | -23.1% | 6,036€ | 14.6% | 2 | 709€ |
| 1696 | Reinvent Communications03619214 · Podgorica | <0.1% | 41,247€ | +234.3% | 13,084€ | 31.7% | 1 | 675€ |
| 1697 | Arhimetrija02824400 · Bar | <0.1% | 41,233€ | -51.5% | -8,001€ | -19.4% | 3 | 886€ |
| 1698 | Loyal Inc02917327 · Podgorica | <0.1% | 41,228€ | -0.7% | 1,658€ | 4.0% | 2 | 1,064€ |
| 1699 | Ivangrad Studio03320227 · Berane | <0.1% | 41,153€ | +20.8% | 1,569€ | 3.8% | 1 | 3,084€ |
| 1700 | Fidelity Consulting02822199 · Podgorica | <0.1% | 41,135€ | +168.4% | 3,486€ | 8.5% | 1 | 925€ |