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 1801–1850 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* |
|---|
| 1801 | Schule03066339 · Podgorica | <0.1% | 36,331€ | -51.0% | -28,762€ | -79.2% | 0 | — |
| 1802 | Urban Studio02676591 · Podgorica | <0.1% | 36,322€ | +26.7% | 346€ | 1.0% | 2 | 1,064€ |
| 1803 | Razvojni Centar Integra03369056 · Podgorica | <0.1% | 36,310€ | +126.4% | 3,761€ | 10.4% | 2 | 1,059€ |
| 1804 | Antida02991381 · Herceg Novi | <0.1% | 36,281€ | -5.7% | -1,187€ | -3.3% | 2 | 1,289€ |
| 1805 | Poseidon Adria Health Innovations03258840 · Tivat | <0.1% | 36,177€ | -29.1% | 4,289€ | 11.9% | 1 | 2,121€ |
| 1806 | Tekon-Tehnokonsalting03637140 · Herceg Novi | <0.1% | 36,175€ | -87.6% | 4,996€ | 13.8% | 1 | 678€ |
| 1807 | MTT Company03281540 · Bijelo Polje | <0.1% | 36,151€ | +32.8% | 4,449€ | 12.3% | 1 | 2,620€ |
| 1808 | Binis Montenegro Ing03597709 · Tivat | <0.1% | 36,072€ | +711.5% | 1,429€ | 4.0% | 4 | 659€ |
| 1809 | Haldun Analytics03555810 · Podgorica | <0.1% | 36,048€ | +52.1% | 5,292€ | 14.7% | 1 | 1,854€ |
| 1810 | Monteuro03158772 · Budva | <0.1% | 36,001€ | +5.9% | 10,964€ | 30.5% | 2 | 926€ |
| 1811 | Monte Tech03666018 · Podgorica | <0.1% | 36,000€ | +125.0% | 218€ | 0.6% | 1 | 2,760€ |
| 1812 | Pharmosis03270050 · Podgorica | <0.1% | 36,000€ | +40.4% | -42€ | -0.1% | 1 | 2,943€ |
| 1813 | Narh Studio03694038 · Podgorica | <0.1% | 35,916€ | +726.8% | 3,441€ | 9.6% | 2 | 1,117€ |
| 1814 | Montenegro Business Advisory02647168 · Podgorica | <0.1% | 35,883€ | -55.8% | -30,711€ | -85.6% | 2 | 533€ |
| 1815 | Iri03642852 · Pljevlja | <0.1% | 35,793€ | +79.7% | 454€ | 1.3% | 1 | 1,426€ |
| 1816 | Tim Consulting Company03116522 · Podgorica | <0.1% | 35,743€ | +42.4% | 14,896€ | 41.7% | 1 | 577€ |
| 1817 | Midis Inženjering03337057 · Nikšić | <0.1% | 35,740€ | -4.3% | 10,493€ | 29.4% | 1 | 1,038€ |
| 1818 | Republika02964732 · Podgorica | <0.1% | 35,550€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 27,449€ | 77.2% | 1 | 675€ |
| 1819 | Klijent03100880 · Podgorica | <0.1% | 35,537€ | +21.8% | 1,684€ | 4.7% | 1 | 1,308€ |
| 1820 | Radulović Finance03508323 · Podgorica | <0.1% | 35,458€ | +48.8% | 6,529€ | 18.4% | 2 | 825€ |
| 1821 | Taurus Finance03562204 · Podgorica | <0.1% | 35,450€ | +7.8% | 2,783€ | 7.9% | 2 | 1,081€ |
| 1822 | Monte Quality Consulting03483916 · Tivat | <0.1% | 35,401€ | +13.5% | 9,591€ | 27.1% | 2 | 804€ |
| 1823 | Honeycomb03500632 · Podgorica | <0.1% | 35,304€ | -7.6% | 3,419€ | 9.7% | 1 | 2,194€ |
| 1824 | H&H Holding Company03751171 · Berane | <0.1% | 35,276€ | No filing for 2024. | 11,068€ | 31.4% | 2 | 473€ |
| 1825 | Leposavić & Bosović03347419 · Bar | <0.1% | 35,250€ | -73.5% | 3,921€ | 11.1% | 1 | 1,170€ |
| 1826 | Em Office03591077 · Rožaje | <0.1% | 35,189€ | +6.1% | 5,090€ | 14.5% | 3 | 814€ |
| 1827 | Yanastra03418189 · Nikšić | <0.1% | 35,160€ | -30.8% | -3,273€ | -9.3% | 1 | 1,712€ |
| 1828 | Accounting & Consultancy Global Services03045943 · Podgorica | <0.1% | 35,132€ | -2.0% | 4,125€ | 11.7% | 1 | 1,199€ |
| 1829 | Empire Focus 199803487130 · Tivat | <0.1% | 35,035€ | +102.3% | -653€ | -1.9% | 1 | 790€ |
| 1830 | Rayol03342581 · Podgorica | <0.1% | 35,000€ | -22.2% | -54,717€ | -156.3% | 15 | 489€ |
| 1831 | Stellina03654044 · Budva | <0.1% | 35,000€ | +75.3% | 47€ | 0.1% | 1 | 2,348€ |
| 1832 | Utiber MN03697223 · Podgorica | <0.1% | 35,000€ | +900.0% | 1,407€ | 4.0% | 3 | 773€ |
| 1833 | Eco Impact03606864 · Nikšić | <0.1% | 35,000€ | -58.1% | -14,140€ | -40.4% | 1 | 677€ |
| 1834 | Neo Potez03734218 · Tivat | <0.1% | 35,000€ | No filing for 2024. | 20,387€ | 58.2% | 1 | 758€ |
| 1835 | Penkhas03569934 · Podgorica | <0.1% | 35,000€ | +45.8% | 14,737€ | 42.1% | 2 | 558€ |
| 1836 | In-Conto02652234 · Tivat | <0.1% | 34,966€ | +16.3% | 7,014€ | 20.1% | 2 | 617€ |
| 1837 | Intermarkt Mne03626750 · Cetinje | <0.1% | 34,917€ | +218.8% | -4,174€ | -12.0% | 2 | 686€ |
| 1838 | Kokos Team03552152 · Podgorica | <0.1% | 34,839€ | -6.4% | 1,121€ | 3.2% | 1 | 576€ |
| 1839 | BMB Audit03701727 · Podgorica | <0.1% | 34,800€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 3,789€ | 10.9% | 0 | — |
| 1840 | Savanna03632962 · Podgorica | <0.1% | 34,777€ | +115.6% | 52€ | 0.1% | 1 | 1,224€ |
| 1841 | Green Hills 2103390489 · Ulcinj | <0.1% | 34,683€ | +40.9% | 9,743€ | 28.1% | 2 | 777€ |
| 1842 | A & C Company02363038 · Herceg Novi | <0.1% | 34,650€ | +139.1% | 182€ | 0.5% | 2 | 487€ |
| 1843 | Mark 16-1503323676 · Bar | <0.1% | 34,601€ | +148.4% | 12,645€ | 36.5% | 1 | 677€ |
| 1844 | Kod Studio03147185 · Budva | <0.1% | 34,585€ | +385.1% | -33,070€ | -95.6% | 3 | 849€ |
| 1845 | Ita02464934 · Podgorica | <0.1% | 34,525€ | +8.7% | 8,514€ | 24.7% | 2 | 371€ |
| 1846 | Eurobill03333116 · Bijelo Polje | <0.1% | 34,508€ | +19.7% | 5,102€ | 14.8% | 2 | 945€ |
| 1847 | Šofranac02301695 · Podgorica | <0.1% | 34,500€ | +39.5% | 10,203€ | 29.6% | 1 | 1,145€ |
| 1848 | Draft02239752 · Cetinje | <0.1% | 34,473€ | -1.9% | 11,373€ | 33.0% | 2 | 340€ |
| 1849 | Altus-Inženjering02256665 · Budva | <0.1% | 34,450€ | -38.9% | -17,714€ | -51.4% | 3 | 795€ |
| 1850 | Olvi Mne03520030 · Budva | <0.1% | 34,427€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 10,120€ | 29.4% | 3 | 675€ |