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 2951–3000 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* |
|---|
| 2951 | <0.1% | 9,993€ | -30.0% | -3,458€ | -34.6% | 2 | 337€ | |
| 2952 | Interior Design03672395 · Cetinje | <0.1% | 9,972€ | +454.9% | 115€ | 1.2% | 1 | 757€ |
| 2953 | Innovative Management03477908 · Podgorica | <0.1% | 9,965€ | -59.2% | -1,205€ | -12.1% | 1 | 927€ |
| 2954 | Moroshka Production03621090 · Podgorica | <0.1% | 9,960€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,113€ | -91.5% | 2 | 754€ |
| 2955 | Flexva03611477 · Herceg Novi | <0.1% | 9,900€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 46€ | 0.5% | 1 | 680€ |
| 2956 | The One Kotor03411443 · Kotor | <0.1% | 9,900€ | -51.7% | -7,269€ | -73.4% | 1 | 495€ |
| 2957 | Art Foto02445085 · Ulcinj | <0.1% | 9,897€ | -20.2% | -22,642€ | -228.8% | 3 | 678€ |
| 2958 | Map-Inženjering03028283 · Mojkovac | <0.1% | 9,885€ | -11.6% | -9,810€ | -99.2% | 1 | 929€ |
| 2959 | The View Villas02750376 · Podgorica | <0.1% | 9,872€ | +266.7% | -155,171€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 3,462€ |
| 2960 | E-Bilansi03332462 · Bar | <0.1% | 9,822€ | +46.2% | -668€ | -6.8% | 1 | 506€ |
| 2961 | Geodron03389588 · Budva | <0.1% | 9,800€ | +4,849.5% | -175€ | -1.8% | 1 | 515€ |
| 2962 | Obe-Online Business English03558223 · Podgorica | <0.1% | 9,783€ | +35.7% | 541€ | 5.5% | 1 | 722€ |
| 2963 | Akva Inženjering02748665 · Tivat | <0.1% | 9,773€ | +428.3% | -359€ | -3.7% | 2 | 399€ |
| 2964 | Bučan02746247 · Rožaje | <0.1% | 9,755€ | +102.2% | -3,925€ | -40.2% | 1 | 1,140€ |
| 2965 | Isotech03489442 · Budva | <0.1% | 9,754€ | +32.0% | 588€ | 6.0% | 1 | 677€ |
| 2966 | <0.1% | 9,726€ | -15.4% | 0€ | 0.0% | 0 | — | |
| 2967 | Intergrafic03515036 · Bar | <0.1% | 9,700€ | +13.5% | 274€ | 2.8% | 1 | 678€ |
| 2968 | Safety Plan03661059 · Podgorica | <0.1% | 9,700€ | +273.1% | 2,888€ | 29.8% | 1 | 415€ |
| 2969 | Lucid Production03668924 · Podgorica | <0.1% | 9,685€ | +204.6% | 227€ | 2.3% | 1 | 622€ |
| 2970 | Art03 Studio03511146 · Podgorica | <0.1% | 9,668€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -21,652€ | -224.0% | 1 | 2,574€ |
| 2971 | Quince - Engineering03468429 · Podgorica | <0.1% | 9,661€ | -77.7% | -1,874€ | -19.4% | 1 | 533€ |
| 2972 | Monteint03405346 · Podgorica | <0.1% | 9,660€ | +52.5% | -1,733€ | -17.9% | 1 | 927€ |
| 2973 | Arhidesign02915855 · Rožaje | <0.1% | 9,650€ | -51.7% | -564€ | -5.8% | 1 | 675€ |
| 2974 | Senvenli Company03617092 · Budva | <0.1% | 9,632€ | +10.1% | 560€ | 5.8% | 1 | 678€ |
| 2975 | Lueck03650693 · Ulcinj | <0.1% | 9,627€ | -31.0% | -3,779€ | -39.3% | 1 | 932€ |
| 2976 | A2a Montenegro02771675 · Podgorica | <0.1% | 9,600€ | +9.4% | -29,868€ | -311.1% | 1 | 929€ |
| 2977 | Digital Colors Studio03492745 · Bar | <0.1% | 9,600€ | +8.5% | -40€ | -0.4% | 1 | 678€ |
| 2978 | Obrt-Communications & Consulting03703266 · Podgorica | <0.1% | 9,600€ | +209.7% | 442€ | 4.6% | 1 | 633€ |
| 2979 | Studio Tachka.03777758 · Petnjica | <0.1% | 9,600€ | No filing for 2024. | 1,562€ | 16.3% | 1 | 603€ |
| 2980 | BT Energy03530060 · Tivat | <0.1% | 9,580€ | -27.4% | -1,554€ | -16.2% | 1 | 922€ |
| 2981 | Suma Co03376311 · Bar | <0.1% | 9,579€ | -47.7% | -14,144€ | -147.7% | 3 | 517€ |
| 2982 | Regina Properties03456692 · Podgorica | <0.1% | 9,567€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 1,876€ | 19.6% | 1 | 640€ |
| 2983 | Fotolenz03286886 · Herceg Novi | <0.1% | 9,540€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 295€ | 3.1% | 1 | 678€ |
| 2984 | Wishnova Consulting03425860 · Budva | <0.1% | 9,520€ | +1,260.0% | -2,748€ | -28.9% | 1 | 991€ |
| 2985 | Field Trust03231666 · Podgorica | <0.1% | 9,511€ | -60.7% | 655€ | 6.9% | 2 | — |
| 2986 | Altindustry03367096 · Herceg Novi | <0.1% | 9,500€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -3,699€ | -38.9% | 1 | 677€ |
| 2987 | Sergs.Net03421716 · Budva | <0.1% | 9,500€ | -25.8% | -3,504€ | -36.9% | 1 | 904€ |
| 2988 | Pro-Data Solutions03764699 · Nikšić | <0.1% | 9,500€ | No filing for 2024. | 4,001€ | 42.1% | 1 | — |
| 2989 | Heimstech Engineering & Consulting03382486 · Budva | <0.1% | 9,500€ | +111.1% | 470€ | 4.9% | 1 | 675€ |
| 2990 | A3studio03547523 · Bar | <0.1% | 9,490€ | +332.3% | 1,168€ | 12.3% | 1 | 678€ |
| 2991 | Grearan03499146 · Herceg Novi | <0.1% | 9,480€ | +1,216.7% | -2,407€ | -25.4% | 1 | 931€ |
| 2992 | Clevers Studio03573389 · Herceg Novi | <0.1% | 9,410€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -6,434€ | -68.4% | 1 | 929€ |
| 2993 | Advokatsko Ortačko Društvo Anđelić - Dragović Podgorica03038769 · Podgorica | <0.1% | 9,405€ | -88.2% | -25,812€ | -274.4% | 3 | 915€ |
| 2994 | World Interconsult03459152 · Podgorica | <0.1% | 9,403€ | -85.1% | -1,432€ | -15.2% | 1 | 338€ |
| 2995 | Toković02114585 · Bijelo Polje | <0.1% | 9,382€ | +30.3% | -676€ | -7.2% | 1 | 676€ |
| 2996 | Assol03378632 · Bar | <0.1% | 9,375€ | +9.6% | 559€ | 6.0% | 1 | 674€ |
| 2997 | Media Factory03336077 · Danilovgrad | <0.1% | 9,375€ | -68.2% | -5,124€ | -54.7% | 2 | — |
| 2998 | As Reklame03767841 · Podgorica | <0.1% | 9,346€ | No filing for 2024. | 867€ | 9.3% | 1 | — |
| 2999 | Az Consulting02949245 · Tivat | <0.1% | 9,330€ | +107.7% | -4,642€ | -49.8% | 1 | 349€ |
| 3000 | Tulip Mne03499367 · Podgorica | <0.1% | 9,315€ | +154.0% | 1,000€ | 10.7% | 1 | 565€ |