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 1701–1750 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* |
|---|
| 1701 | Finexcellence03370097 · Podgorica | <0.1% | 41,068€ | +41.2% | -438€ | -1.1% | 2 | 1,377€ |
| 1702 | Geomare Survey03399656 · Podgorica | <0.1% | 40,900€ | +19.6% | 3,343€ | 8.2% | 1 | 2,495€ |
| 1703 | Holmija Fin03170225 · Podgorica | <0.1% | 40,818€ | -22.9% | 450€ | 1.1% | 2 | — |
| 1704 | Kalkulacija03333736 · Nikšić | <0.1% | 40,750€ | +21.5% | 2,932€ | 7.2% | 3 | 933€ |
| 1705 | G Advisory03491226 · Nikšić | <0.1% | 40,743€ | +64.6% | 4,106€ | 10.1% | 4 | 702€ |
| 1706 | R & o Gradnja02905302 · Podgorica | <0.1% | 40,729€ | -10.4% | -8,982€ | -22.1% | 3 | 823€ |
| 1707 | Rossen Consulting03354776 · Kotor | <0.1% | 40,701€ | -11.8% | 4,448€ | 10.9% | 1 | 814€ |
| 1708 | Evolve03645169 · Podgorica | <0.1% | 40,661€ | +191.4% | 1,148€ | 2.8% | 1 | 1,528€ |
| 1709 | Imagemedia02944669 · Podgorica | <0.1% | 40,597€ | +18.8% | 18€ | 0.0% | 1 | 693€ |
| 1710 | Jadran Digital03304493 · Budva | <0.1% | 40,583€ | +21.4% | 9,340€ | 23.0% | 1 | 2,267€ |
| 1711 | Green Book03345467 · Podgorica | <0.1% | 40,571€ | +58.1% | 5,199€ | 12.8% | 2 | 1,191€ |
| 1712 | Montenegro Connections02958961 · Tivat | <0.1% | 40,503€ | +6.7% | 13,200€ | 32.6% | 1 | 1,249€ |
| 1713 | Omorika Montenegro03066452 · Herceg Novi | <0.1% | 40,479€ | -51.6% | -744,819€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 3 | 857€ |
| 1714 | Geomet02865076 · Kotor | <0.1% | 40,439€ | +23.8% | -2,064€ | -5.1% | 2 | 929€ |
| 1715 | Auditor02463814 · Podgorica | <0.1% | 40,375€ | -0.4% | -4,703€ | -11.6% | 2 | 1,238€ |
| 1716 | Antalya02309378 · Ulcinj | <0.1% | 40,287€ | +18.0% | 1,062€ | 2.6% | 2 | 435€ |
| 1717 | J&T03604039 · Podgorica | <0.1% | 40,270€ | +152.3% | 5,666€ | 14.1% | 1 | 2,258€ |
| 1718 | Dahlem Montenegro02764326 · Kotor | <0.1% | 40,185€ | +50.6% | 9,090€ | 22.6% | 2 | 1,034€ |
| 1719 | MZ Expres03121755 · Danilovgrad | <0.1% | 40,151€ | +4.0% | 4,205€ | 10.5% | 4 | 706€ |
| 1720 | Lco&Farm03741338 · Zeta | <0.1% | 40,124€ | No filing for 2024. | 3,093€ | 7.7% | 1 | — |
| 1721 | Ha - Be02697602 · Ulcinj | <0.1% | 40,118€ | +5.0% | 5,839€ | 14.6% | 4 | 640€ |
| 1722 | Baroom Baroom02625610 · Podgorica | <0.1% | 40,074€ | +31.4% | -14,232€ | -35.5% | 1 | 1,963€ |
| 1723 | B&P Pro-Ing03067491 · Podgorica | <0.1% | 40,047€ | +5.3% | 1,086€ | 2.7% | 2 | 1,025€ |
| 1724 | Pharmidium03720900 · Podgorica | <0.1% | 40,030€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 20,566€ | 51.4% | 1 | 1,319€ |
| 1725 | Legato Consultancy03459934 · Podgorica | <0.1% | 40,000€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 26,024€ | 65.1% | 1 | 990€ |
| 1726 | Si-Office03676382 · Podgorica | <0.1% | 39,994€ | +170.4% | 77€ | 0.2% | 1 | 1,519€ |
| 1727 | Fidus Advisory Agency03521842 · Podgorica | <0.1% | 39,990€ | +12.8% | 7,285€ | 18.2% | 1 | 1,334€ |
| 1728 | Az Accounting Solutions03226824 · Tivat | <0.1% | 39,983€ | -33.6% | -1,086€ | -2.7% | 4 | 567€ |
| 1729 | Arhient02455641 · Podgorica | <0.1% | 39,928€ | +20.9% | 2,003€ | 5.0% | 2 | 1,025€ |
| 1730 | Atea02223325 · Podgorica | <0.1% | 39,920€ | +0.8% | 900€ | 2.3% | 3 | 746€ |
| 1731 | Envisia03743730 · Podgorica | <0.1% | 39,917€ | No filing for 2024. | 12,837€ | 32.2% | 2 | 929€ |
| 1732 | Quart Agency03481808 · Podgorica | <0.1% | 39,896€ | +56.5% | 8,142€ | 20.4% | 1 | 1,184€ |
| 1733 | Cash BS03213960 · Kotor | <0.1% | 39,894€ | +33.2% | -1,206€ | -3.0% | 4 | 770€ |
| 1734 | Centar za Arhitekturu i Konzervaciju03641031 · Podgorica | <0.1% | 39,853€ | +962.7% | 270€ | 0.7% | 1 | 887€ |
| 1735 | Naučni Institut Panarchy 11 - Research For Resilience03309207 · Podgorica | <0.1% | 39,835€ | -21.4% | -8,897€ | -22.3% | 4 | 984€ |
| 1736 | Dream Oasis03393747 · Bar | <0.1% | 39,823€ | +152.6% | 23,164€ | 58.2% | 1 | 677€ |
| 1737 | YTR Global03534022 · Budva | <0.1% | 39,804€ | +1,890.2% | 5,036€ | 12.7% | 4 | 710€ |
| 1738 | Ansa Kont02953943 · Podgorica | <0.1% | 39,798€ | +17.3% | 1,382€ | 3.5% | 2 | 679€ |
| 1739 | S&B Legal Consulting02849747 · Podgorica | <0.1% | 39,793€ | +9.7% | 1,596€ | 4.0% | 1 | 719€ |
| 1740 | Društvo03386341 · Podgorica | <0.1% | 39,767€ | +281.3% | 402€ | 1.0% | 1 | 2,290€ |
| 1741 | Heimdall03397785 · Tivat | <0.1% | 39,704€ | -4.2% | 9,819€ | 24.7% | 1 | 1,331€ |
| 1742 | Louis Berger03635546 · Podgorica | <0.1% | 39,703€ | +3,970,200.0% | 10,072€ | 25.4% | 2 | 562€ |
| 1743 | Lucha Creative03547370 · Nikšić | <0.1% | 39,655€ | -6.7% | 6,984€ | 17.6% | 1 | 1,915€ |
| 1744 | Spot Servis03446310 · Bar | <0.1% | 39,612€ | +63.3% | -14,512€ | -36.6% | 1 | 1,992€ |
| 1745 | Hospitality Partner02952955 · Podgorica | <0.1% | 39,486€ | +33.8% | 761€ | 1.9% | 3 | 620€ |
| 1746 | Betax02933632 · Budva | <0.1% | 39,265€ | +4.4% | 1,589€ | 4.0% | 2 | 1,228€ |
| 1747 | Ufa Media02819074 · Podgorica | <0.1% | 39,236€ | +69.5% | 2,208€ | 5.6% | 2 | 1,154€ |
| 1748 | Biznis Centar - Poslovni Inkubator Nikšić11033075 · Nikšić | <0.1% | 39,098€ | -26.0% | 0€ | 0.0% | 2 | 1,197€ |
| 1749 | Durmitor Health03537706 · Žabljak | <0.1% | 39,000€ | -61.2% | 60€ | 0.2% | 1 | 1,872€ |
| 1750 | New Age Management03663566 · Kotor | <0.1% | 39,000€ | No filing for 2024. | 5,871€ | 15.1% | 0 | — |