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 2151–2200 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* |
|---|
| 2151 | MGT Consulting Montenegro03145590 · Tivat | <0.1% | 26,559€ | +500.7% | 16,147€ | 60.8% | 1 | 712€ |
| 2152 | Impact Investments Group03400239 · Tivat | <0.1% | 26,527€ | +120.5% | -33,804€ | -127.4% | 1 | 2,808€ |
| 2153 | Media-Nea02842777 · Podgorica | <0.1% | 26,488€ | +8.8% | -70,191€ | -265.0% | 1 | — |
| 2154 | Smart Team03016536 · Podgorica | <0.1% | 26,403€ | -36.6% | -21,284€ | -80.6% | 1 | — |
| 2155 | L.E.O. Cat02966247 · Podgorica | <0.1% | 26,395€ | +3.7% | 613€ | 2.3% | 2 | 844€ |
| 2156 | Arcturus03457044 · Budva | <0.1% | 26,394€ | +180.4% | 10,376€ | 39.3% | 1 | 935€ |
| 2157 | A+knjigovodstvo03119963 · Bar | <0.1% | 26,350€ | +14.9% | -1,156€ | -4.4% | 2 | 1,067€ |
| 2158 | Bilion03517403 · Nikšić | <0.1% | 26,333€ | -68.9% | 765€ | 2.9% | 1 | — |
| 2159 | TV Group02993708 · Herceg Novi | <0.1% | 26,324€ | +19.5% | 88€ | 0.3% | 3 | 688€ |
| 2160 | Aigarai03513556 · Herceg Novi | <0.1% | 26,318€ | -19.2% | -3,483€ | -13.2% | 2 | 1,153€ |
| 2161 | Statera A&M Co03247791 · Podgorica | <0.1% | 26,305€ | +142.1% | -6,309€ | -24.0% | 2 | 842€ |
| 2162 | Ib - Systems03103358 · Budva | <0.1% | 26,300€ | +8.6% | 7,948€ | 30.2% | 1 | 1,205€ |
| 2163 | Smartpath Consulting03791017 · Pljevlja | <0.1% | 26,291€ | No filing for 2024. | 8,039€ | 30.6% | 7 | — |
| 2164 | Double Entry03052133 · Kotor | <0.1% | 26,290€ | +10.5% | -1,890€ | -7.2% | 3 | 669€ |
| 2165 | Regulativa02973154 · Podgorica | <0.1% | 26,280€ | +258.3% | 11,679€ | 44.4% | 1 | 980€ |
| 2166 | Monte Prime Consulting03595498 · Budva | <0.1% | 26,259€ | -10.2% | 4,924€ | 18.8% | 1 | 1,077€ |
| 2167 | Agencija Pasiva03583139 · Podgorica | <0.1% | 26,214€ | +6.7% | 4,932€ | 18.8% | 1 | 1,640€ |
| 2168 | Ment03381129 · Budva | <0.1% | 26,171€ | -10.7% | -14,911€ | -57.0% | 1 | 3,355€ |
| 2169 | Cattle Grid Communication03472752 · Herceg Novi | <0.1% | 26,160€ | 0.0% | 507€ | 1.9% | 1 | 1,248€ |
| 2170 | Maison De Creativite03744388 · Cetinje | <0.1% | 26,153€ | No filing for 2024. | 1,140€ | 4.4% | 1 | 1,058€ |
| 2171 | Bokaplan Structure03416160 · Tivat | <0.1% | 26,150€ | +60.4% | 15,738€ | 60.2% | 1 | 339€ |
| 2172 | Ev Consulting03481832 · Budva | <0.1% | 26,142€ | +289.8% | 6,488€ | 24.8% | 2 | 675€ |
| 2173 | Nova Foto Riva03538052 · Tivat | <0.1% | 26,114€ | +9.6% | 682€ | 2.6% | 1 | 843€ |
| 2174 | Studio Punt03506789 · Podgorica | <0.1% | 26,090€ | -11.8% | 914€ | 3.5% | 1 | 790€ |
| 2175 | Divina 503448428 · Podgorica | <0.1% | 26,045€ | +70.8% | 3,286€ | 12.6% | 2 | 671€ |
| 2176 | Animalistica03517063 · Bar | <0.1% | 25,958€ | +16.5% | 9,687€ | 37.3% | 1 | 1,037€ |
| 2177 | Studio Arhitekture02427079 · Podgorica | <0.1% | 25,939€ | +351.1% | 11,264€ | 43.4% | 1 | 1,016€ |
| 2178 | Gama Consulting03298965 · Podgorica | <0.1% | 25,935€ | +37.9% | 1,161€ | 4.5% | 1 | 1,790€ |
| 2179 | Vedran Photography03178030 · Podgorica | <0.1% | 25,905€ | +37.1% | 49€ | 0.2% | 2 | 927€ |
| 2180 | Val 88803529380 · Nikšić | <0.1% | 25,900€ | +31.5% | 1,536€ | 5.9% | 1 | 1,703€ |
| 2181 | Nib-Projekt02801752 · Tivat | <0.1% | 25,881€ | +34.2% | -1,685€ | -6.5% | 2 | 687€ |
| 2182 | Sveti Stefan Consulting02883210 · Budva | <0.1% | 25,816€ | +723.0% | 8,213€ | 31.8% | 2 | 380€ |
| 2183 | Inter Geo Group03190528 · Podgorica | <0.1% | 25,800€ | +44.1% | 3,377€ | 13.1% | 2 | 801€ |
| 2184 | Gray International03176789 · Podgorica | <0.1% | 25,795€ | -83.8% | -33,413€ | -129.5% | 2 | 1,206€ |
| 2185 | Radonji.Ch Arhitekti03741141 · Podgorica | <0.1% | 25,791€ | No filing for 2024. | 6,561€ | 25.4% | 1 | 743€ |
| 2186 | P-Conte02863413 · Bar | <0.1% | 25,770€ | -11.5% | 912€ | 3.5% | 1 | 1,315€ |
| 2187 | Scienziato Consulting Solutions03234843 · Podgorica | <0.1% | 25,759€ | -41.5% | -5,523€ | -21.4% | 1 | 1,677€ |
| 2188 | Content Pro03036375 · Podgorica | <0.1% | 25,702€ | +11.1% | -2,642€ | -10.3% | 2 | 331€ |
| 2189 | Ios03737152 · Podgorica | <0.1% | 25,664€ | No filing for 2024. | 1,178€ | 4.6% | 2 | 636€ |
| 2190 | DR. Khu03573460 · Podgorica | <0.1% | 25,631€ | -10.9% | 12,287€ | 47.9% | 1 | 678€ |
| 2191 | Ameritour Montenegro03512266 · Podgorica | <0.1% | 25,607€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 16,195€ | 63.2% | 1 | 676€ |
| 2192 | Moja Porodica03003477 · Bar | <0.1% | 25,600€ | -5.1% | -318€ | -1.2% | 2 | 756€ |
| 2193 | Abay Consultancy and Training03561194 · Bar | <0.1% | 25,550€ | +257.3% | 8,128€ | 31.8% | 1 | 1,153€ |
| 2194 | Foto Studio Lipa02447428 · Danilovgrad | <0.1% | 25,544€ | +25.8% | -771€ | -3.0% | 2 | 823€ |
| 2195 | Misinez Group03277127 · Herceg Novi | <0.1% | 25,532€ | +18.6% | -99€ | -0.4% | 1 | 339€ |
| 2196 | PS-Consulting03385094 · Bijelo Polje | <0.1% | 25,497€ | +11.9% | 502€ | 2.0% | 3 | 517€ |
| 2197 | Organska Kontrola03509885 · Podgorica | <0.1% | 25,490€ | No filing for 2024. | 5,238€ | 20.5% | 1 | 355€ |
| 2198 | Verde Computer Graphics03472329 · Podgorica | <0.1% | 25,486€ | +0.3% | 4,287€ | 16.8% | 1 | 1,539€ |
| 2199 | Finpro Plus03627381 · Bar | <0.1% | 25,481€ | +128.7% | 4,127€ | 16.2% | 2 | 759€ |
| 2200 | Vik Projekt03584828 · Podgorica | <0.1% | 25,469€ | +137.2% | 8,358€ | 32.8% | 1 | 1,067€ |