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 3101–3150 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* |
|---|
| 3101 | Axum02139324 · Tivat | <0.1% | 8,000€ | -91.0% | -17,972€ | -224.7% | 3 | 620€ |
| 3102 | Notkina03525708 · Bar | <0.1% | 8,000€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -156€ | -2.0% | 1 | 670€ |
| 3103 | Lexica03346641 · Podgorica | <0.1% | 7,988€ | -6.3% | 1,198€ | 15.0% | 1 | 372€ |
| 3104 | Stanislav Montenegro03493857 · Podgorica | <0.1% | 7,974€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -10,458€ | -131.2% | 2 | 677€ |
| 3105 | Visionly03308162 · Podgorica | <0.1% | 7,970€ | +5.3% | 213€ | 2.7% | 1 | 608€ |
| 3106 | Energovik03520650 · Bar | <0.1% | 7,925€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -643€ | -8.1% | 1 | 670€ |
| 3107 | Nozomi03659054 · Podgorica | <0.1% | 7,900€ | +3,753.7% | -4,569€ | -57.8% | 1 | 927€ |
| 3108 | Zdrava Karijera03741133 · Tivat | <0.1% | 7,900€ | No filing for 2024. | -680€ | -8.6% | 0 | — |
| 3109 | Dobby and Co03544311 · Budva | <0.1% | 7,844€ | -81.5% | -6,431€ | -82.0% | 1 | 939€ |
| 3110 | Amve03487610 · Herceg Novi | <0.1% | 7,840€ | +115.4% | -8,721€ | -111.2% | 1 | 927€ |
| 3111 | Ledelight03486842 · Kotor | <0.1% | 7,840€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -3,438€ | -43.9% | 1 | 821€ |
| 3112 | Polako Studio03740285 · Ulcinj | <0.1% | 7,796€ | No filing for 2024. | -58€ | -0.7% | 1 | 601€ |
| 3113 | Sla Seo Digital03423646 · Podgorica | <0.1% | 7,764€ | -23.8% | -2,388€ | -30.8% | 1 | 734€ |
| 3114 | Crna Gora Media03018016 · Budva | <0.1% | 7,763€ | -22.0% | 2,929€ | 37.7% | 1 | 339€ |
| 3115 | Montestandardi03080994 · Podgorica | <0.1% | 7,734€ | -44.2% | -31,571€ | -408.2% | 3 | 1,023€ |
| 3116 | PM Advising & Consulting Services03550133 · Kotor | <0.1% | 7,726€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -277€ | -3.6% | 1 | 515€ |
| 3117 | Gi Group02877694 · Podgorica | <0.1% | 7,688€ | -84.3% | -22,170€ | -288.4% | 1 | 1,091€ |
| 3118 | Biom Club03418324 · Bar | <0.1% | 7,670€ | +123.0% | -2,368€ | -30.9% | 1 | 678€ |
| 3119 | Geostar02759268 · Podgorica | <0.1% | 7,661€ | -92.0% | -44,276€ | -577.9% | 2 | 833€ |
| 3120 | A.C.T. Consulting03377083 · Podgorica | <0.1% | 7,660€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,677€ | -34.9% | 0 | — |
| 3121 | J&A Consulting03265447 · Podgorica | <0.1% | 7,655€ | +561.1% | -1,699€ | -22.2% | 1 | 675€ |
| 3122 | Red Veil Studios03414116 · Budva | <0.1% | 7,553€ | -92.1% | -39,224€ | -519.3% | 1 | 702€ |
| 3123 | Bab Ok03343502 · Bar | <0.1% | 7,550€ | +21.8% | -1,179€ | -15.6% | 1 | 677€ |
| 3124 | Verbs-Verbi.Com03445518 · Herceg Novi | <0.1% | 7,548€ | +647.3% | -1,782€ | -23.6% | 1 | 677€ |
| 3125 | Pereap03429237 · Herceg Novi | <0.1% | 7,520€ | +394.7% | -1,393€ | -18.5% | 1 | 680€ |
| 3126 | Solnce V Serdce03558398 · Budva | <0.1% | 7,510€ | +44.7% | -1,383€ | -18.4% | 1 | 678€ |
| 3127 | Bushido Group03508170 · Budva | <0.1% | 7,500€ | -16.7% | 1,304€ | 17.4% | 1 | 463€ |
| 3128 | Barh Studio03785998 · Bar | <0.1% | 7,500€ | No filing for 2024. | 601€ | 8.0% | 2 | — |
| 3129 | Willner03686655 · Ulcinj | <0.1% | 7,500€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -3,282€ | -43.8% | 1 | 651€ |
| 3130 | Kontoline02815583 · Podgorica | <0.1% | 7,415€ | -13.8% | -11,074€ | -149.3% | 1 | 432€ |
| 3131 | Alfa V02698315 · Kolašin | <0.1% | 7,410€ | -16.0% | -895€ | -12.1% | 1 | 354€ |
| 3132 | Mark Projects03211240 · Podgorica | <0.1% | 7,407€ | +11.2% | 1,093€ | 14.8% | 1 | 338€ |
| 3133 | Mont-Kodex02622009 · Bijelo Polje | <0.1% | 7,396€ | +31.6% | -2,426€ | -32.8% | 1 | 345€ |
| 3134 | LN Index03209385 · Bijelo Polje | <0.1% | 7,390€ | -6.7% | 2,092€ | 28.3% | 1 | 352€ |
| 3135 | Merc Construction03515869 · Podgorica | <0.1% | 7,389€ | +23.2% | -3,325€ | -45.0% | 1 | 792€ |
| 3136 | Optima Consulting03635341 · Danilovgrad | <0.1% | 7,376€ | +79.8% | 961€ | 13.0% | 1 | 406€ |
| 3137 | More Mne03415872 · Herceg Novi | <0.1% | 7,371€ | -33.5% | -7,756€ | -105.2% | 1 | 677€ |
| 3138 | Marinesco03317161 · Herceg Novi | <0.1% | 7,350€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,003€ | -27.3% | 1 | 675€ |
| 3139 | M&C International03176827 · Tivat | <0.1% | 7,306€ | +88.9% | -19,039€ | -260.6% | 1 | 1,599€ |
| 3140 | Regnum Capital03310612 · Podgorica | <0.1% | 7,220€ | +69.0% | 49€ | 0.7% | 1 | 593€ |
| 3141 | Shatush03382559 · Tivat | <0.1% | 7,214€ | -38.9% | -5,676€ | -78.7% | 1 | 926€ |
| 3142 | Darvin Finance03307255 · Podgorica | <0.1% | 7,200€ | -24.4% | -5,799€ | -80.5% | 1 | 693€ |
| 3143 | Stasie03369838 · Bar | <0.1% | 7,200€ | 0.0% | -1,585€ | -22.0% | 1 | 678€ |
| 3144 | Virvero03594807 · Bar | <0.1% | 7,200€ | -34.5% | -6,171€ | -85.7% | 1 | 924€ |
| 3145 | Lotus Consulting LTD03168689 · Budva | <0.1% | 7,191€ | -61.5% | -10,764€ | -149.7% | 1 | 734€ |
| 3146 | Myplan03447669 · Bar | <0.1% | 7,170€ | +586.1% | -4,779€ | -66.7% | 1 | 926€ |
| 3147 | Das Consulting03141187 · Tivat | <0.1% | 7,165€ | -47.8% | 4,603€ | 64.2% | 1 | — |
| 3148 | MG+ Design03720756 · Tivat | <0.1% | 7,120€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -5,512€ | -77.4% | 1 | 923€ |
| 3149 | Digivision LTD03291057 · Herceg Novi | <0.1% | 7,100€ | -5.6% | -326€ | -4.6% | 1 | — |
| 3150 | Taxel03636143 · Tivat | <0.1% | 7,096€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -7,463€ | -105.2% | 2 | 556€ |