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 2601–2650 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* |
|---|
| 2601 | Psygent03442012 · Budva | <0.1% | 15,601€ | +578.3% | 5,094€ | 32.7% | 1 | 678€ |
| 2602 | HD Architects03256707 · Plav | <0.1% | 15,601€ | -1.3% | 93€ | 0.6% | 2 | 535€ |
| 2603 | Accounting Agency Five03214613 · Kolašin | <0.1% | 15,600€ | -7.5% | -27€ | -0.2% | 3 | 366€ |
| 2604 | Institut za Tehnička Istraživanja02835860 · Podgorica | <0.1% | 15,589€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -13,862€ | -88.9% | 1 | 1,988€ |
| 2605 | Beyond Design03461726 · Ulcinj | <0.1% | 15,567€ | -45.1% | -4,260€ | -27.4% | 1 | 917€ |
| 2606 | Kuron03523705 · Podgorica | <0.1% | 15,567€ | -16.6% | 5,195€ | 33.4% | 1 | 678€ |
| 2607 | Besa Consulting03352170 · Tuzi | <0.1% | 15,550€ | +37.5% | 6,981€ | 44.9% | 1 | — |
| 2608 | Knowmad03386937 · Herceg Novi | <0.1% | 15,519€ | -24.4% | 262€ | 1.7% | 1 | 807€ |
| 2609 | In Arh03691462 · Podgorica | <0.1% | 15,515€ | +292.8% | 39€ | 0.3% | 1 | 1,148€ |
| 2610 | Kimm-Tim02890194 · Nikšić | <0.1% | 15,470€ | -28.3% | -4,095€ | -26.5% | 2 | 703€ |
| 2611 | Reniar Consult03614158 · Bar | <0.1% | 15,450€ | +14.7% | 3,365€ | 21.8% | 1 | 677€ |
| 2612 | M Factor03191419 · Podgorica | <0.1% | 15,427€ | +2,054.6% | -3,408€ | -22.1% | 1 | 1,266€ |
| 2613 | Li Production03445216 · Herceg Novi | <0.1% | 15,414€ | +87.3% | 5,233€ | 33.9% | 1 | 677€ |
| 2614 | BP Office DKV03652386 · Podgorica | <0.1% | 15,400€ | +755.6% | 5,477€ | 35.6% | 1 | 678€ |
| 2615 | Talas Bihora03091511 · Podgorica | <0.1% | 15,363€ | +17.3% | 1,138€ | 7.4% | 2 | — |
| 2616 | Ksenia Psychology03416097 · Budva | <0.1% | 15,355€ | +36.9% | 1,318€ | 8.6% | 1 | 922€ |
| 2617 | Over the Hills03558690 · Kolašin | <0.1% | 15,287€ | -19.3% | -3,979€ | -26.0% | 2 | 689€ |
| 2618 | Veltejn03232239 · Podgorica | <0.1% | 15,280€ | +58.8% | 4,813€ | 31.5% | 1 | 675€ |
| 2619 | Angelylmz03615219 · Podgorica | <0.1% | 15,257€ | +15,628.9% | -8,687€ | -56.9% | 3 | 442€ |
| 2620 | Plan B Mne03444708 · Bar | <0.1% | 15,250€ | -31.0% | -19,589€ | -128.5% | 4 | 692€ |
| 2621 | Solon Legal Consulting03671089 · Podgorica | <0.1% | 15,212€ | +261.2% | 2,153€ | 14.2% | 1 | 927€ |
| 2622 | Lorasi03748766 · Podgorica | <0.1% | 15,200€ | No filing for 2024. | 329€ | 2.2% | 0 | — |
| 2623 | Birum Dizajn Studio03636216 · Budva | <0.1% | 15,199€ | +56.3% | -2,930€ | -19.3% | 1 | 706€ |
| 2624 | Nova Plato03503038 · Podgorica | <0.1% | 15,196€ | +146.8% | 5,350€ | 35.2% | 1 | 678€ |
| 2625 | Montenegro Management Team03745325 · Herceg Novi | <0.1% | 15,195€ | No filing for 2024. | 3,404€ | 22.4% | 2 | 433€ |
| 2626 | Impala Esence03222349 · Bar | <0.1% | 15,165€ | +56.8% | 1,449€ | 9.6% | 1 | 681€ |
| 2627 | Pulti Studio02421330 · Ulcinj | <0.1% | 15,130€ | +291.2% | -8,569€ | -56.6% | 2 | 768€ |
| 2628 | Plan Che03417590 · Bar | <0.1% | 15,129€ | +1.0% | 395€ | 2.6% | 1 | 678€ |
| 2629 | Item03596435 · Budva | <0.1% | 15,088€ | +40.6% | 2,025€ | 13.4% | 2 | 399€ |
| 2630 | The Jam03682862 · Rožaje | <0.1% | 15,085€ | +1,785.6% | 499€ | 3.3% | 1 | 1,200€ |
| 2631 | Silat International03706192 · Berane | <0.1% | 15,074€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,604€ | -30.5% | 1 | 1,582€ |
| 2632 | Webheggen03432475 · Bar | <0.1% | 15,010€ | +2.5% | -2,441€ | -16.3% | 1 | 1,227€ |
| 2633 | Paradox Media03757129 · Tivat | <0.1% | 15,000€ | No filing for 2024. | 8,904€ | 59.4% | 1 | 386€ |
| 2634 | Prizma Group Distribution & Consulting03221024 · Budva | <0.1% | 15,000€ | -49.1% | -7,276€ | -48.5% | 1 | 1,664€ |
| 2635 | Demiral Insight03627829 · Kotor | <0.1% | 15,000€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 4,998€ | 33.3% | 1 | 688€ |
| 2636 | Melicx Consultancy03607135 · Budva | <0.1% | 15,000€ | +50.0% | 2,563€ | 17.1% | 1 | 926€ |
| 2637 | MM-Geo03275124 · Podgorica | <0.1% | 15,000€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -1,369€ | -9.1% | 1 | 926€ |
| 2638 | Decor Cana03598802 · Bijelo Polje | <0.1% | 14,990€ | +103.5% | 1,405€ | 9.4% | 1 | 850€ |
| 2639 | Ib Interbilanz Mne03510549 · Podgorica | <0.1% | 14,964€ | +107.8% | -14,591€ | -97.5% | 1 | 1,208€ |
| 2640 | Pay Mne03385639 · Podgorica | <0.1% | 14,948€ | +41.7% | -36,791€ | -246.1% | 10 | 401€ |
| 2641 | SVS 2303420914 · Budva | <0.1% | 14,904€ | +142.3% | -4,048€ | -27.2% | 1 | 1,443€ |
| 2642 | Europajob03520811 · Budva | <0.1% | 14,900€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -578€ | -3.9% | 1 | — |
| 2643 | Jedan + Jedan03487245 · Herceg Novi | <0.1% | 14,895€ | +451.7% | -7,992€ | -53.7% | 3 | 536€ |
| 2644 | Iva Iva03481743 · Podgorica | <0.1% | 14,738€ | +1.2% | -4,947€ | -33.6% | 2 | 677€ |
| 2645 | Madonna Bella03415139 · Kotor | <0.1% | 14,711€ | -4.4% | -2,100€ | -14.3% | 2 | 453€ |
| 2646 | Adamanter Real Estate03348032 · Podgorica | <0.1% | 14,700€ | -63.9% | -24,167€ | -164.4% | 2 | 1,423€ |
| 2647 | Kota99303663612 · Zeta | <0.1% | 14,694€ | +181.4% | -946€ | -6.4% | 1 | 938€ |
| 2648 | Tin-Arh03767884 · Rožaje | <0.1% | 14,692€ | No filing for 2024. | 190€ | 1.3% | 0 | — |
| 2649 | Onetwo03320421 · Bar | <0.1% | 14,688€ | -26.3% | -5,085€ | -34.6% | 1 | 338€ |
| 2650 | Nikonto 6703629007 · Kotor | <0.1% | 14,666€ | +16.8% | 2,009€ | 13.7% | 1 | 916€ |