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 3051–3100 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* |
|---|
| 3051 | Archi Studio02357402 · Ulcinj | <0.1% | 8,770€ | -5.4% | -15,964€ | -182.0% | 4 | 461€ |
| 3052 | Capital Investors03264378 · Podgorica | <0.1% | 8,750€ | -38.8% | -2,836€ | -32.4% | 1 | — |
| 3053 | Freedom Investment Group03261077 · Bijelo Polje | <0.1% | 8,750€ | -95.5% | -7,226€ | -82.6% | 1 | 1,192€ |
| 3054 | Engrap03782832 · Zeta | <0.1% | 8,737€ | No filing for 2024. | 1,957€ | 22.4% | 1 | 333€ |
| 3055 | MDM Company02661128 · Bar | <0.1% | 8,724€ | -5.9% | 346€ | 4.0% | 1 | — |
| 3056 | Issa Architecture03403149 · Budva | <0.1% | 8,714€ | -11.0% | -4,338€ | -49.8% | 1 | 925€ |
| 3057 | Tada Business Group03235327 · Herceg Novi | <0.1% | 8,707€ | -7.7% | -10,971€ | -126.0% | 2 | 659€ |
| 3058 | Artirinka03697207 · Budva | <0.1% | 8,702€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -237€ | -2.7% | 1 | 678€ |
| 3059 | Lanmi Marketing03742237 · Podgorica | <0.1% | 8,700€ | No filing for 2024. | 845€ | 9.7% | 1 | 521€ |
| 3060 | Boka Lifestyle03754545 · Herceg Novi | <0.1% | 8,700€ | No filing for 2024. | 15€ | 0.2% | 2 | 331€ |
| 3061 | Joy Mne Group03579735 · Podgorica | <0.1% | 8,700€ | +71.8% | -58€ | -0.7% | 1 | 378€ |
| 3062 | Zvicer Ces03181111 · Nikšić | <0.1% | 8,699€ | -50.6% | -8,946€ | -102.8% | 1 | 677€ |
| 3063 | Dobra Djela03574679 · Podgorica | <0.1% | 8,691€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -1,631€ | -18.8% | 1 | 677€ |
| 3064 | Viaarchitecture03285944 · Podgorica | <0.1% | 8,650€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 2,301€ | 26.6% | 1 | — |
| 3065 | Rhads Co03439844 · Bijelo Polje | <0.1% | 8,635€ | +641.2% | -532€ | -6.2% | 1 | 675€ |
| 3066 | Fin - Per02885115 · Kotor | <0.1% | 8,620€ | -0.9% | -4,324€ | -50.2% | 1 | — |
| 3067 | Apss Institut02981556 · Podgorica | <0.1% | 8,601€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,764€ | -55.4% | 0 | — |
| 3068 | Diva - Design03534251 · Budva | <0.1% | 8,600€ | +364.9% | -660€ | -7.7% | 1 | 675€ |
| 3069 | Istominka03571815 · Cetinje | <0.1% | 8,600€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 142€ | 1.7% | 1 | 678€ |
| 3070 | Yektaplan03616738 · Podgorica | <0.1% | 8,574€ | +125.6% | -5,412€ | -63.1% | 1 | 929€ |
| 3071 | Montkam Service03457699 · Budva | <0.1% | 8,550€ | -6.7% | -531€ | -6.2% | 1 | 733€ |
| 3072 | DMV Profitline Accounting & Consulting03336468 · Podgorica | <0.1% | 8,540€ | -1.5% | 1,681€ | 19.7% | 1 | 677€ |
| 3073 | Nature's Whisper03296300 · Budva | <0.1% | 8,520€ | +15.1% | 82€ | 1.0% | 1 | 696€ |
| 3074 | Ecolabel Crna Gora02872021 · Bar | <0.1% | 8,492€ | -70.6% | -4,192€ | -49.4% | 1 | 735€ |
| 3075 | Premium Accounting03581004 · Podgorica | <0.1% | 8,450€ | -22.1% | 1,021€ | 12.1% | 1 | 524€ |
| 3076 | V&T Bilans03078043 · Budva | <0.1% | 8,446€ | +5.0% | 2,158€ | 25.6% | 1 | 354€ |
| 3077 | Nazare Wave Media03613976 · Podgorica | <0.1% | 8,423€ | +44.0% | -4,360€ | -51.8% | 1 | 927€ |
| 3078 | Arrakis03674983 · Budva | <0.1% | 8,400€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -3,074€ | -36.6% | 1 | 851€ |
| 3079 | Crnogorsko Udruženje za Medicinsku Informatiku - Mami11075495 · Podgorica | <0.1% | 8,395€ | +1,120.2% | 0€ | 0.0% | 0 | — |
| 3080 | Marktmonte03541878 · Bar | <0.1% | 8,380€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -16€ | -0.2% | 1 | 675€ |
| 3081 | Freeze Art03401952 · Budva | <0.1% | 8,368€ | -2.0% | 20€ | 0.2% | 1 | 677€ |
| 3082 | Finbalance03803309 · Berane | <0.1% | 8,336€ | No filing for 2024. | 7,414€ | 88.9% | 0 | — |
| 3083 | Timolea.Lab03661458 · Podgorica | <0.1% | 8,325€ | +1,565.0% | -4,422€ | -53.1% | 1 | 929€ |
| 3084 | Key Solutions Consulting03706389 · Herceg Novi | <0.1% | 8,300€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 24€ | 0.3% | 1 | 542€ |
| 3085 | U Povjerenju03289079 · Podgorica | <0.1% | 8,300€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -288€ | -3.5% | 1 | 702€ |
| 3086 | Promo - Montenegro02690365 · Bar | <0.1% | 8,295€ | -23.3% | -1,637€ | -19.7% | 1 | 677€ |
| 3087 | Balkan Fairytale03285910 · Tivat | <0.1% | 8,270€ | +32.7% | -92€ | -1.1% | 1 | 675€ |
| 3088 | Sante Di Giuseppe Engineering03279774 · Podgorica | <0.1% | 8,264€ | +9.9% | -3,063€ | -37.1% | 1 | 929€ |
| 3089 | Izgarević02396386 · Danilovgrad | <0.1% | 8,254€ | -29.4% | 157€ | 1.9% | 1 | 444€ |
| 3090 | Debit Claim02934442 · Podgorica | <0.1% | 8,250€ | +5.4% | 226€ | 2.7% | 1 | — |
| 3091 | Account Consulting03219810 · Podgorica | <0.1% | 8,243€ | +252.3% | 2,821€ | 34.2% | 1 | 383€ |
| 3092 | La-RT Studio03735311 · Podgorica | <0.1% | 8,223€ | No filing for 2024. | 184€ | 2.2% | 1 | 578€ |
| 3093 | Nvo Zetski Forum11091237 | <0.1% | 8,217€ | -26.4% | 576€ | 7.0% | 0 | — |
| 3094 | 365 Consult03751368 · Danilovgrad | <0.1% | 8,213€ | No filing for 2024. | 2,509€ | 30.5% | 1 | 432€ |
| 3095 | Motion BY Visible03346196 · Budva | <0.1% | 8,200€ | -76.2% | -11,069€ | -135.0% | 1 | 903€ |
| 3096 | Platform Design03585271 · Budva | <0.1% | 8,200€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -5,586€ | -68.1% | 1 | 928€ |
| 3097 | Astromag Consulting02398249 · Podgorica | <0.1% | 8,175€ | +13.5% | -19€ | -0.2% | 1 | 679€ |
| 3098 | Rasterhouse Studio03794601 · Nikšić | <0.1% | 8,155€ | No filing for 2024. | 4,009€ | 49.2% | 1 | — |
| 3099 | Triple A Consulting03586367 · Kotor | <0.1% | 8,145€ | -53.8% | -4,786€ | -58.8% | 2 | 424€ |
| 3100 | Madya03586928 · Podgorica | <0.1% | 8,000€ | -1.1% | -4,542€ | -56.8% | 1 | 680€ |