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 2051–2100 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* |
|---|
| 2051 | Montino02769425 · Podgorica | <0.1% | 29,040€ | -22.6% | 224€ | 0.8% | 2 | 734€ |
| 2052 | Geo-Milimetar03224465 · Podgorica | <0.1% | 29,038€ | +36.5% | 517€ | 1.8% | 2 | 550€ |
| 2053 | Licentia03475441 · Podgorica | <0.1% | 29,000€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 15,508€ | 53.5% | 1 | 968€ |
| 2054 | Zarez International03496864 · Herceg Novi | <0.1% | 28,970€ | +21.7% | 1,936€ | 6.7% | 3 | 742€ |
| 2055 | E&E Consulting03339866 · Bijelo Polje | <0.1% | 28,960€ | +82.9% | 24,382€ | 84.2% | 1 | — |
| 2056 | Alcontis03559815 · Kotor | <0.1% | 28,919€ | +26.4% | 5,713€ | 19.8% | 1 | 1,431€ |
| 2057 | SV Pro03625567 · Podgorica | <0.1% | 28,900€ | -1.9% | 5,095€ | 17.6% | 1 | 1,007€ |
| 2058 | Ekonom Centar02934086 · Podgorica | <0.1% | 28,890€ | +22.5% | 249€ | 0.9% | 2 | 1,085€ |
| 2059 | Adriatic Photo Studio03256081 · Budva | <0.1% | 28,849€ | -0.6% | -185€ | -0.6% | 2 | 640€ |
| 2060 | New Stepp 197103169235 | <0.1% | 28,820€ | +9.2% | 859€ | 3.0% | 1 | 1,009€ |
| 2061 | Antonio03102912 · Tivat | <0.1% | 28,802€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -510€ | -1.8% | 2 | 1,066€ |
| 2062 | Ekonomski Institut i Rekreacija03582191 · Nikšić | <0.1% | 28,755€ | -2.9% | 334€ | 1.2% | 2 | 1,063€ |
| 2063 | Markitektura03603008 · Tuzi | <0.1% | 28,750€ | +626.0% | 16,167€ | 56.2% | 1 | 928€ |
| 2064 | Protecsys03413357 · Ulcinj | <0.1% | 28,717€ | +1.0% | -1,562€ | -5.4% | 2 | 423€ |
| 2065 | Statir Kompani03126331 · Podgorica | <0.1% | 28,690€ | +6.6% | -2,367€ | -8.3% | 2 | 1,042€ |
| 2066 | Audit Com02641755 · Tivat | <0.1% | 28,680€ | +40.2% | 1,800€ | 6.3% | 1 | 1,419€ |
| 2067 | Trigonometar03758176 · Pljevlja | <0.1% | 28,670€ | No filing for 2024. | 7,145€ | 24.9% | 1 | 1,387€ |
| 2068 | Boravak.Me03422950 · Bar | <0.1% | 28,655€ | +11.4% | -3,339€ | -11.7% | 1 | 1,919€ |
| 2069 | Dencon03121984 · Podgorica | <0.1% | 28,624€ | +130.7% | 7,086€ | 24.8% | 2 | 808€ |
| 2070 | An-Nur Agencija za Računovodstvo03389278 · Rožaje | <0.1% | 28,586€ | +2.1% | -18,747€ | -65.6% | 4 | 969€ |
| 2071 | Namazu Consulting03727998 · Podgorica | <0.1% | 28,550€ | No filing for 2024. | 5,120€ | 17.9% | 1 | 1,413€ |
| 2072 | Drakulović03224953 · Podgorica | <0.1% | 28,516€ | +10.5% | -391€ | -1.4% | 2 | 962€ |
| 2073 | Studio D.I.A.03618927 · Podgorica | <0.1% | 28,492€ | +64.2% | 1,533€ | 5.4% | 1 | 1,131€ |
| 2074 | Preming03347982 · Podgorica | <0.1% | 28,486€ | +36.2% | -2,660€ | -9.3% | 1 | 2,212€ |
| 2075 | Archi503323994 · Bar | <0.1% | 28,450€ | +65.9% | 1,432€ | 5.0% | 2 | 976€ |
| 2076 | MG Studio03581578 · Cetinje | <0.1% | 28,400€ | -18.2% | 982€ | 3.5% | 1 | 861€ |
| 2077 | Experts Duosm03345149 · Budva | <0.1% | 28,383€ | +24.8% | 1,055€ | 3.7% | 2 | 952€ |
| 2078 | M Consulting and Accounting03065138 · Podgorica | <0.1% | 28,370€ | -3.9% | 7,335€ | 25.9% | 2 | 710€ |
| 2079 | Bilans Pro02879611 · Bar | <0.1% | 28,350€ | +5.7% | 1,471€ | 5.2% | 2 | 575€ |
| 2080 | Šofranac, Drobnjak i Živković03217655 · Podgorica | <0.1% | 28,335€ | +124.9% | -9,454€ | -33.4% | 3 | 957€ |
| 2081 | Magna02710153 · Podgorica | <0.1% | 28,328€ | +216.5% | 12,578€ | 44.4% | 1 | 1,147€ |
| 2082 | Pro ZNR03681050 · Podgorica | <0.1% | 28,319€ | +6,193.1% | 1,723€ | 6.1% | 1 | 1,231€ |
| 2083 | Monte Plan Group03456218 · Ulcinj | <0.1% | 28,285€ | +121.1% | 2,982€ | 10.5% | 1 | 929€ |
| 2084 | CTRL Team03248330 · Podgorica | <0.1% | 28,222€ | +157.0% | 2,214€ | 7.8% | 1 | 1,968€ |
| 2085 | Registrator03342719 · Podgorica | <0.1% | 28,201€ | +35.6% | 2,471€ | 8.8% | 1 | 1,725€ |
| 2086 | I and M Photography03143627 · Budva | <0.1% | 28,200€ | -3.1% | -390€ | -1.4% | 1 | 928€ |
| 2087 | Ak Consulting03706915 · Danilovgrad | <0.1% | 28,197€ | +754.2% | 206€ | 0.7% | 2 | 1,015€ |
| 2088 | Praktikum02415461 · Bar | <0.1% | 28,185€ | +2.5% | 403€ | 1.4% | 2 | 957€ |
| 2089 | Veritas Advisory Group03637247 · Kotor | <0.1% | 28,159€ | +36.5% | 1,429€ | 5.1% | 3 | 589€ |
| 2090 | Monte Foil03593894 · Tivat | <0.1% | 28,143€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -10,442€ | -37.1% | 2 | 464€ |
| 2091 | Wibb Company02333376 · Kotor | <0.1% | 28,041€ | -10.6% | 6,096€ | 21.7% | 1 | 1,417€ |
| 2092 | Insta Montenegro03185982 · Podgorica | <0.1% | 28,020€ | +253.7% | 8,262€ | 29.5% | 1 | 643€ |
| 2093 | As-Solutions03267636 · Podgorica | <0.1% | 28,000€ | +188.7% | 9,597€ | 34.3% | 1 | 1,431€ |
| 2094 | Omni Consulting03475395 · Bar | <0.1% | 28,000€ | -57.3% | 14,622€ | 52.2% | 1 | 677€ |
| 2095 | Spa & Wellness Consulting Montenegro03339483 · Budva | <0.1% | 27,995€ | -19.9% | -642€ | -2.3% | 1 | 1,273€ |
| 2096 | MB Gold Consulting03602788 · Podgorica | <0.1% | 27,955€ | +87.0% | 1,021€ | 3.7% | 1 | 1,146€ |
| 2097 | Berest and Associates03276651 · Podgorica | <0.1% | 27,949€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 15,351€ | 54.9% | 1 | 998€ |
| 2098 | Mayor03337073 · Bijelo Polje | <0.1% | 27,919€ | -19.8% | 43€ | 0.2% | 1 | 2,208€ |
| 2099 | Alisa Design03695077 · Podgorica | <0.1% | 27,895€ | +500.7% | 721€ | 2.6% | 1 | 1,486€ |
| 2100 | Economic Services03239713 · Podgorica | <0.1% | 27,859€ | +57.6% | 771€ | 2.8% | 2 | 1,116€ |