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 2351–2400 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* |
|---|
| 2351 | Peritus03784592 · Tivat | <0.1% | 21,711€ | No filing for 2024. | 13,745€ | 63.3% | 1 | 395€ |
| 2352 | Geopremjer02627787 · Podgorica | <0.1% | 21,673€ | -83.3% | -20,104€ | -92.8% | 3 | 754€ |
| 2353 | Biro Vukčević02441942 · Podgorica | <0.1% | 21,638€ | -49.9% | 11,694€ | 54.0% | 1 | 677€ |
| 2354 | Schlajfna03379094 · Tuzi | <0.1% | 21,582€ | +16.6% | 340€ | 1.6% | 2 | 380€ |
| 2355 | Minuta Consulting03157075 · Nikšić | <0.1% | 21,540€ | +2.0% | 3,142€ | 14.6% | 1 | 1,210€ |
| 2356 | Bitermo MNG02632489 · Podgorica | <0.1% | 21,483€ | +49.6% | 1,755€ | 8.2% | 1 | 927€ |
| 2357 | Werk Group03487393 · Herceg Novi | <0.1% | 21,425€ | -19.3% | -2,084€ | -9.7% | 2 | 927€ |
| 2358 | Profit Plus03283097 · Podgorica | <0.1% | 21,419€ | +20.2% | -5,547€ | -25.9% | 1 | 1,230€ |
| 2359 | Finesa02373530 · Nikšić | <0.1% | 21,410€ | -16.6% | 1,080€ | 5.0% | 2 | 694€ |
| 2360 | Bo Solutions03614646 · Podgorica | <0.1% | 21,407€ | +37.3% | 3,945€ | 18.4% | 1 | 1,350€ |
| 2361 | Mi02621517 · Podgorica | <0.1% | 21,406€ | -34.5% | 437€ | 2.0% | 2 | 646€ |
| 2362 | Vorteks Co03360059 · Podgorica | <0.1% | 21,357€ | +11.4% | -44€ | -0.2% | 2 | 341€ |
| 2363 | Bozkan03738540 · Kotor | <0.1% | 21,334€ | No filing for 2024. | -817€ | -3.8% | 2 | 595€ |
| 2364 | Amtrade Engineering03289478 · Budva | <0.1% | 21,322€ | -71.2% | -2,093€ | -9.8% | 2 | 711€ |
| 2365 | Tfa Consultant03306780 · Tivat | <0.1% | 21,300€ | -48.7% | 1,892€ | 8.9% | 1 | 852€ |
| 2366 | Ilić Design03332616 · Podgorica | <0.1% | 21,230€ | +16.8% | 637€ | 3.0% | 1 | 1,507€ |
| 2367 | G-Expertinvesting Montenegro02820609 · Podgorica | <0.1% | 21,227€ | -34.7% | -1,105€ | -5.2% | 1 | 450€ |
| 2368 | Modulor03407659 · Kotor | <0.1% | 21,215€ | -39.8% | -8,567€ | -40.4% | 2 | 1,016€ |
| 2369 | Pmo Solutions03611531 · Bar | <0.1% | 21,210€ | -39.1% | -1,890€ | -8.9% | 1 | 1,253€ |
| 2370 | Leo Trade & Consultancy03182304 · Podgorica | <0.1% | 21,190€ | +56.3% | -17,142€ | -80.9% | 1 | 1,006€ |
| 2371 | Garforth LLC03773663 · Bar | <0.1% | 21,159€ | No filing for 2024. | 13,295€ | 62.8% | 1 | 563€ |
| 2372 | Monte Marinas02988160 · Podgorica | <0.1% | 21,158€ | +42.2% | -3,750€ | -17.7% | 1 | 1,556€ |
| 2373 | Wast03165396 · Nikšić | <0.1% | 21,154€ | -8.3% | 7,883€ | 37.3% | 1 | 455€ |
| 2374 | Hannafk03192997 · Tivat | <0.1% | 21,130€ | +136.1% | -2,167€ | -10.3% | 1 | 1,294€ |
| 2375 | Bim Tech03619184 · Budva | <0.1% | 21,092€ | +121.3% | 2,043€ | 9.7% | 1 | 925€ |
| 2376 | VM 220403633195 · Podgorica | <0.1% | 20,972€ | -29.2% | 0€ | 0.0% | 1 | 865€ |
| 2377 | Špajz Studio03663914 · Podgorica | <0.1% | 20,949€ | +152.5% | 755€ | 3.6% | 1 | 1,618€ |
| 2378 | Freedom Group03571254 · Budva | <0.1% | 20,941€ | +76.1% | 5,667€ | 27.1% | 2 | 568€ |
| 2379 | Business Booster03684733 · Podgorica | <0.1% | 20,920€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -1,912€ | -9.1% | 1 | 1,190€ |
| 2380 | Harmony Group03466299 · Podgorica | <0.1% | 20,910€ | +211.0% | 1,789€ | 8.6% | 1 | 1,065€ |
| 2381 | Artlog Creative03727211 · Podgorica | <0.1% | 20,900€ | No filing for 2024. | 703€ | 3.4% | 1 | 1,643€ |
| 2382 | Innob03779076 · Nikšić | <0.1% | 20,885€ | No filing for 2024. | 1,353€ | 6.5% | 2 | 742€ |
| 2383 | Green Book A&C03746518 · Podgorica | <0.1% | 20,845€ | No filing for 2024. | 4,117€ | 19.8% | 2 | 541€ |
| 2384 | Strelka03330354 · Bar | <0.1% | 20,820€ | +71.7% | 5,132€ | 24.6% | 1 | 1,082€ |
| 2385 | Maries Little Party03624455 · Nikšić | <0.1% | 20,817€ | +291.7% | 106€ | 0.5% | 2 | 664€ |
| 2386 | Ab Cad03076156 · Podgorica | <0.1% | 20,800€ | +12.2% | 1,152€ | 5.5% | 1 | 816€ |
| 2387 | Doming03153436 · Podgorica | <0.1% | 20,788€ | +31.6% | 2,061€ | 9.9% | 1 | 1,068€ |
| 2388 | F.L.A.T. Consulting02772361 · Podgorica | <0.1% | 20,760€ | +16.5% | 573€ | 2.8% | 1 | 1,453€ |
| 2389 | Anami02453339 · Budva | <0.1% | 20,723€ | -0.6% | 1,523€ | 7.3% | 2 | 501€ |
| 2390 | Tedal Inženjering03758320 · Podgorica | <0.1% | 20,722€ | No filing for 2024. | -290€ | -1.4% | 0 | — |
| 2391 | Agencija Vox Populi03465462 · Podgorica | <0.1% | 20,706€ | -39.5% | 180€ | 0.9% | 2 | 783€ |
| 2392 | Mr.Gavran03737276 · Podgorica | <0.1% | 20,678€ | No filing for 2024. | 2,257€ | 10.9% | 1 | 1,428€ |
| 2393 | R&R Jovićević02308401 · Podgorica | <0.1% | 20,670€ | +29.1% | 3,982€ | 19.3% | 1 | 1,020€ |
| 2394 | Net Account03601897 · Podgorica | <0.1% | 20,590€ | +77.8% | 1,211€ | 5.9% | 1 | 1,051€ |
| 2395 | Si - Finans02828219 · Podgorica | <0.1% | 20,515€ | -3.9% | 0€ | 0.0% | 2 | 833€ |
| 2396 | Lifestyle Agency03118843 · Podgorica | <0.1% | 20,471€ | -12.2% | -6,825€ | -33.3% | 2 | 575€ |
| 2397 | Ege Sonik03263819 · Budva | <0.1% | 20,450€ | +198.5% | 10,282€ | 50.3% | 1 | 675€ |
| 2398 | KK Pharma Leader03675785 · Budva | <0.1% | 20,439€ | +146.3% | 6,009€ | 29.4% | 1 | 916€ |
| 2399 | Core Consulting03187381 · Podgorica | <0.1% | 20,420€ | +1.8% | -9,739€ | -47.7% | 1 | 2,068€ |
| 2400 | Oracle S&N03512436 · Podgorica | <0.1% | 20,368€ | -22.8% | -41€ | -0.2% | 1 | 1,696€ |