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 2201–2250 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* |
|---|
| 2201 | Finbook02627604 · Podgorica | <0.1% | 25,440€ | -64.7% | -1,208€ | -4.7% | 1 | 1,153€ |
| 2202 | Artemis Creative03419762 · Herceg Novi | <0.1% | 25,422€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 3,691€ | 14.5% | 2 | 679€ |
| 2203 | A.S.L.A.03223639 · Podgorica | <0.1% | 25,374€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 16,663€ | 65.7% | 0 | — |
| 2204 | Smart Lex03671445 · Ulcinj | <0.1% | 25,360€ | +166.5% | -7,691€ | -30.3% | 2 | 984€ |
| 2205 | Studio O202985080 · Podgorica | <0.1% | 25,335€ | -1.1% | 840€ | 3.3% | 1 | 1,154€ |
| 2206 | Pro Finance Consulting03258637 · Podgorica | <0.1% | 25,320€ | +5.5% | 13,696€ | 54.1% | 1 | 678€ |
| 2207 | Kaul03381188 · Budva | <0.1% | 25,314€ | +22.1% | 373€ | 1.5% | 1 | 678€ |
| 2208 | Ethereal03694496 · Podgorica | <0.1% | 25,300€ | +311.4% | 3,173€ | 12.5% | 1 | 916€ |
| 2209 | MN Consulting03300595 · Bijelo Polje | <0.1% | 25,255€ | -21.7% | 8,092€ | 32.0% | 1 | 767€ |
| 2210 | 3D Rada Art03333655 · Nikšić | <0.1% | 25,198€ | -15.8% | -250€ | -1.0% | 2 | 963€ |
| 2211 | Old Fireman03470768 · Podgorica | <0.1% | 25,194€ | +210.0% | -11,765€ | -46.7% | 1 | 1,124€ |
| 2212 | SB Consulting03678075 · Podgorica | <0.1% | 25,132€ | +566.6% | 420€ | 1.7% | 1 | 1,883€ |
| 2213 | Ecletti03745414 · Cetinje | <0.1% | 25,100€ | No filing for 2024. | 9,074€ | 36.2% | 1 | — |
| 2214 | Saobraćajni Institut03293416 · Budva | <0.1% | 25,060€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,929€ | -11.7% | 1 | 742€ |
| 2215 | PHL Iga-Lab03526232 · Bar | <0.1% | 25,043€ | +19.4% | 8,336€ | 33.3% | 2 | 619€ |
| 2216 | Geosense03730646 · Podgorica | <0.1% | 25,020€ | No filing for 2024. | 5,018€ | 20.1% | 2 | 776€ |
| 2217 | Brera Company03688836 · Podgorica | <0.1% | 25,000€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 9,740€ | 39.0% | 1 | 929€ |
| 2218 | Profitex03658104 · Podgorica | <0.1% | 24,979€ | +60.1% | -1,524€ | -6.1% | 1 | 940€ |
| 2219 | Morris-M03331105 · Podgorica | <0.1% | 24,957€ | -19.8% | 2,390€ | 9.6% | 2 | 907€ |
| 2220 | Studio Apus03450511 · Plav | <0.1% | 24,893€ | -8.3% | 837€ | 3.4% | 1 | 675€ |
| 2221 | Angelo Consulting & Services03166368 · Tivat | <0.1% | 24,867€ | +30.5% | 1,596€ | 6.4% | 1 | 1,034€ |
| 2222 | Studio Elementum03548945 · Podgorica | <0.1% | 24,787€ | +326.0% | 1,731€ | 7.0% | 2 | 716€ |
| 2223 | Ing Promicom02873826 · Bar | <0.1% | 24,785€ | -30.9% | 2,023€ | 8.2% | 2 | 650€ |
| 2224 | Accounting Plus03719545 · Tuzi | <0.1% | 24,777€ | +569.6% | 2,957€ | 11.9% | 1 | 1,149€ |
| 2225 | Vanadis03375285 · Tivat | <0.1% | 24,746€ | +69.6% | 3,645€ | 14.7% | 2 | 842€ |
| 2226 | Marint03479757 · Podgorica | <0.1% | 24,720€ | +27.7% | 11,388€ | 46.1% | 1 | — |
| 2227 | Bada03293645 · Budva | <0.1% | 24,680€ | +54.3% | -3,958€ | -16.0% | 1 | 1,628€ |
| 2228 | Bookkeeping Agency03551733 · Podgorica | <0.1% | 24,680€ | -7.9% | -941€ | -3.8% | 2 | 977€ |
| 2229 | Pro Fotto Studio02969866 · Podgorica | <0.1% | 24,675€ | +13.2% | 1,163€ | 4.7% | 2 | 678€ |
| 2230 | BB - Ing02726912 · Budva | <0.1% | 24,655€ | -31.9% | -3,971€ | -16.1% | 1 | 2,159€ |
| 2231 | Mod Company03439151 · Podgorica | <0.1% | 24,622€ | +82.0% | 801€ | 3.3% | 1 | 1,865€ |
| 2232 | Gowedding Montenegro03385485 · Budva | <0.1% | 24,546€ | -45.5% | -18,671€ | -76.1% | 2 | 1,006€ |
| 2233 | Biro02355167 · Herceg Novi | <0.1% | 24,520€ | +36.3% | 1,449€ | 5.9% | 3 | 624€ |
| 2234 | Summica03217795 · Budva | <0.1% | 24,500€ | +390.0% | 14,359€ | 58.6% | 1 | 677€ |
| 2235 | Finance Bureau03394239 · Ulcinj | <0.1% | 24,483€ | +47.9% | 5,057€ | 20.7% | 1 | 1,383€ |
| 2236 | Arhing02217945 · Herceg Novi | <0.1% | 24,441€ | +22.2% | 3,274€ | 13.4% | 3 | 459€ |
| 2237 | Sobo Services03281973 · Tivat | <0.1% | 24,430€ | +1,133.8% | -1,323€ | -5.4% | 2 | 926€ |
| 2238 | Arhitektonski Studio Atrium02391775 · Podgorica | <0.1% | 24,339€ | -34.6% | -8,817€ | -36.2% | 2 | 822€ |
| 2239 | Maxx Group03587827 · Pljevlja | <0.1% | 24,280€ | +180.5% | 15,102€ | 62.2% | 1 | 316€ |
| 2240 | Kota02406659 · Bar | <0.1% | 24,277€ | +11.4% | 4,257€ | 17.5% | 2 | 812€ |
| 2241 | Liv Project03498549 · Podgorica | <0.1% | 24,209€ | -33.6% | 6,532€ | 27.0% | 1 | 971€ |
| 2242 | Novomonte02779749 · Podgorica | <0.1% | 24,195€ | -15.5% | 1,955€ | 8.1% | 1 | 1,241€ |
| 2243 | Solo Ui Ux03477142 · Tivat | <0.1% | 24,189€ | -12.7% | -1,675€ | -6.9% | 1 | 1,189€ |
| 2244 | LU&KA Design03763439 · Podgorica | <0.1% | 24,169€ | No filing for 2024. | 14,285€ | 59.1% | 2 | 311€ |
| 2245 | Qqriq Consulting03787222 · Podgorica | <0.1% | 24,148€ | No filing for 2024. | 2,238€ | 9.3% | 3 | 445€ |
| 2246 | Investment&Consulting02398656 · Podgorica | <0.1% | 24,132€ | -15.2% | 11,538€ | 47.8% | 1 | 611€ |
| 2247 | Tehnoship02216868 · Tivat | <0.1% | 24,126€ | +26.6% | 7,459€ | 30.9% | 2 | 675€ |
| 2248 | Adriadome Servis03087751 · Herceg Novi | <0.1% | 24,100€ | -4.7% | 2,582€ | 10.7% | 1 | 929€ |
| 2249 | Rednpunk03531465 · Budva | <0.1% | 24,094€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 14,446€ | 60.0% | 1 | 724€ |
| 2250 | Zlatav03058450 · Budva | <0.1% | 24,090€ | +4.3% | 10,321€ | 42.8% | 1 | 926€ |