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 2801–2850 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* |
|---|
| 2801 | Fortemne03528383 · Herceg Novi | <0.1% | 12,150€ | +50.0% | 203€ | 1.7% | 1 | 927€ |
| 2802 | Inova Consulting Agency - Ica03147967 · Danilovgrad | <0.1% | 12,143€ | +116.8% | -359€ | -3.0% | 1 | 920€ |
| 2803 | Inorama03037991 · Bar | <0.1% | 12,131€ | +46.7% | -552€ | -4.6% | 1 | 677€ |
| 2804 | Studio Prizma02635488 · Herceg Novi | <0.1% | 12,131€ | +3.8% | 816€ | 6.7% | 1 | 857€ |
| 2805 | Heat and Cold03497135 · Herceg Novi | <0.1% | 12,108€ | +285.6% | -9,015€ | -74.5% | 3 | 503€ |
| 2806 | Psihološki Centar Moj Prostor03534782 · Podgorica | <0.1% | 12,095€ | +26.9% | -208€ | -1.7% | 1 | 929€ |
| 2807 | Frei LLC03198367 · Budva | <0.1% | 12,064€ | -34.3% | -178€ | -1.5% | 1 | 921€ |
| 2808 | Helena&Ms03617149 · Budva | <0.1% | 12,055€ | +17.9% | 89€ | 0.7% | 1 | 905€ |
| 2809 | Kompadoss02457997 · Herceg Novi | <0.1% | 12,046€ | -1.9% | 2,353€ | 19.5% | 2 | — |
| 2810 | Mediamind03366227 · Ulcinj | <0.1% | 12,016€ | -61.6% | -102,347€ | -851.8% | 5 | 1,675€ |
| 2811 | Vertex Mne03477061 · Herceg Novi | <0.1% | 12,009€ | +257.4% | 3,647€ | 30.4% | 1 | 678€ |
| 2812 | Projektni Biro Domus02754789 · Kotor | <0.1% | 12,005€ | -17.5% | -2,826€ | -23.5% | 1 | 1,097€ |
| 2813 | Mntngro03592839 · Podgorica | <0.1% | 12,001€ | +49.2% | -35,321€ | -294.3% | 1 | 3,330€ |
| 2814 | Centar za Savjetovanje u Komunikacijama - Krug03337278 · Podgorica | <0.1% | 12,000€ | +140.0% | 9,025€ | 75.2% | 1 | — |
| 2815 | Piart&Co03635040 · Budva | <0.1% | 12,000€ | +20.0% | 190€ | 1.6% | 1 | 926€ |
| 2816 | Crtane03570142 · Herceg Novi | <0.1% | 12,000€ | +825.9% | 97€ | 0.8% | 1 | 922€ |
| 2817 | Monte & Sunrise03605663 · Herceg Novi | <0.1% | 12,000€ | +55.9% | 73€ | 0.6% | 1 | 922€ |
| 2818 | Zav5303689328 · Tivat | <0.1% | 12,000€ | +281.0% | -15€ | -0.1% | 1 | 922€ |
| 2819 | Dekoracije BP03734137 · Bijelo Polje | <0.1% | 11,999€ | No filing for 2024. | 171€ | 1.4% | 1 | 579€ |
| 2820 | D&M Konsalting03548856 · Podgorica | <0.1% | 11,997€ | -40.8% | -4,651€ | -38.8% | 1 | 1,310€ |
| 2821 | Vapor VDD03665399 · Nikšić | <0.1% | 11,988€ | -3.2% | -16,634€ | -138.8% | 1 | 1,502€ |
| 2822 | Geopremjer A&V02696231 · Kotor | <0.1% | 11,960€ | +11.3% | -2,129€ | -17.8% | 1 | 678€ |
| 2823 | Računovodstveni Biro Aktiva Plus02842831 · Podgorica | <0.1% | 11,960€ | +95.4% | 2,245€ | 18.8% | 1 | 411€ |
| 2824 | Creactive03297535 · Podgorica | <0.1% | 11,932€ | +8.0% | 712€ | 6.0% | 1 | 594€ |
| 2825 | MVP02908972 · Podgorica | <0.1% | 11,921€ | -27.8% | 5,321€ | 44.6% | 1 | — |
| 2826 | Smart Link02292815 · Budva | <0.1% | 11,919€ | +12.3% | 56€ | 0.5% | 1 | 675€ |
| 2827 | Heart03321835 · Tivat | <0.1% | 11,900€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 2,258€ | 19.0% | 1 | 675€ |
| 2828 | Montelingvo03486613 · Bar | <0.1% | 11,895€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 978€ | 8.2% | 1 | 783€ |
| 2829 | Tax Conto03721833 · Bar | <0.1% | 11,870€ | No filing for 2024. | 2,338€ | 19.7% | 1 | 536€ |
| 2830 | Abakus Cetinje03244008 · Cetinje | <0.1% | 11,848€ | +53.7% | 854€ | 7.2% | 1 | 731€ |
| 2831 | Juma Finances03654648 · Budva | <0.1% | 11,800€ | +237.1% | -613€ | -5.2% | 1 | 926€ |
| 2832 | Laniter03250733 · Podgorica | <0.1% | 11,788€ | -32.2% | -2,537€ | -21.5% | 1 | 677€ |
| 2833 | Kokoro03262286 · Nikšić | <0.1% | 11,783€ | +56.7% | 149€ | 1.3% | 1 | 675€ |
| 2834 | Premium Yacht Insurance03120724 · Bar | <0.1% | 11,781€ | -64.7% | -4,671€ | -39.6% | 1 | 607€ |
| 2835 | Blondiett Couture03544753 · Podgorica | <0.1% | 11,769€ | +76.9% | 202€ | 1.7% | 1 | 339€ |
| 2836 | Muc Company03417786 · Budva | <0.1% | 11,750€ | +57.8% | 997€ | 8.5% | 1 | 678€ |
| 2837 | Vebooks02889994 · Nikšić | <0.1% | 11,742€ | -1.2% | 986€ | 8.4% | 2 | 384€ |
| 2838 | Leo Consultancy03511391 · Podgorica | <0.1% | 11,730€ | +32.9% | -4,906€ | -41.8% | 1 | 677€ |
| 2839 | Too Much03761061 · Podgorica | <0.1% | 11,730€ | No filing for 2024. | 884€ | 7.5% | 1 | 562€ |
| 2840 | V&M&A03189619 · Rožaje | <0.1% | 11,720€ | +92.4% | 1,931€ | 16.5% | 2 | — |
| 2841 | Kreacija03244938 · Podgorica | <0.1% | 11,700€ | +33.0% | 1,721€ | 14.7% | 1 | 553€ |
| 2842 | Sammeli03604527 · Rožaje | <0.1% | 11,700€ | -37.1% | -2,839€ | -24.3% | 1 | 1,204€ |
| 2843 | One World03753409 · Podgorica | <0.1% | 11,699€ | No filing for 2024. | -1,690€ | -14.4% | 2 | 501€ |
| 2844 | Geo-Monte03503143 · Podgorica | <0.1% | 11,692€ | +2.3% | 4,310€ | 36.9% | 1 | — |
| 2845 | Bureau Montenegro03280624 · Bar | <0.1% | 11,650€ | -26.0% | -8,355€ | -71.7% | 1 | 940€ |
| 2846 | Daa Boško03163881 · Danilovgrad | <0.1% | 11,650€ | -7.3% | 4,550€ | 39.1% | 1 | 338€ |
| 2847 | Malina Beauty03391507 · Tivat | <0.1% | 11,583€ | +87.4% | -11,050€ | -95.4% | 1 | 737€ |
| 2848 | Com - Mi & La02454289 · Nikšić | <0.1% | 11,580€ | +19.4% | 1,134€ | 9.8% | 1 | 336€ |
| 2849 | Level 1103683320 · Tivat | <0.1% | 11,570€ | +1,552.9% | 2,415€ | 20.9% | 1 | 675€ |
| 2850 | Mirotić Media03334783 · Podgorica | <0.1% | 11,562€ | +21.5% | 1,307€ | 11.3% | 1 | 616€ |