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 3201–3250 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* |
|---|
| 3201 | Leonrod Adria03360806 · Tivat | <0.1% | 6,292€ | -81.7% | -8,427€ | -133.9% | 1 | 929€ |
| 3202 | Sina Holistic Synergy03743764 · Bar | <0.1% | 6,290€ | No filing for 2024. | 1,460€ | 23.2% | 1 | 373€ |
| 3203 | Edz Design03581098 · Podgorica | <0.1% | 6,250€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -24,108€ | -385.7% | 3 | 842€ |
| 3204 | Adriatic Alliance Group02849917 · Budva | <0.1% | 6,220€ | +117.5% | -3,509€ | -56.4% | 1 | 670€ |
| 3205 | Sova Solutions03779289 · Nikšić | <0.1% | 6,200€ | No filing for 2024. | 197€ | 3.2% | 1 | 447€ |
| 3206 | Service Mix03509761 · Budva | <0.1% | 6,200€ | +24.0% | -3,172€ | -51.2% | 1 | 677€ |
| 3207 | <0.1% | 6,168€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -7,612€ | -123.4% | 1 | 577€ | |
| 3208 | Archiera03584500 · Bijelo Polje | <0.1% | 6,155€ | -41.6% | -2,075€ | -33.7% | 1 | 675€ |
| 3209 | Inter Finance03061779 · Podgorica | <0.1% | 6,150€ | -35.6% | -15,230€ | -247.6% | 2 | 743€ |
| 3210 | Documentors03689123 · Tivat | <0.1% | 6,132€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,257€ | -151.0% | 2 | 490€ |
| 3211 | Studentski Biznis Centar02898527 · Podgorica | <0.1% | 6,115€ | -87.9% | 0€ | 0.0% | 1 | — |
| 3212 | Garaža02963388 · Podgorica | <0.1% | 6,027€ | +19.8% | -15,376€ | -255.1% | 2 | 757€ |
| 3213 | Nstlaw02941708 · Podgorica | <0.1% | 6,005€ | +50.1% | -5,907€ | -98.4% | 1 | 958€ |
| 3214 | Agencija za Projektovanje i Planiranje Prostora03799433 · Kolašin | <0.1% | 6,000€ | No filing for 2024. | 1,359€ | 22.7% | 1 | — |
| 3215 | Nova Gradnja02854503 · Budva | <0.1% | 6,000€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -35,394€ | -589.9% | 5 | 540€ |
| 3216 | Vuković Company03247139 · Kolašin | <0.1% | 6,000€ | -11.8% | 239€ | 4.0% | 1 | 425€ |
| 3217 | Focus Marketing03576256 · Bar | <0.1% | 6,000€ | -6.1% | -2,940€ | -49.0% | 1 | 678€ |
| 3218 | Solumon03793893 · Podgorica | <0.1% | 6,000€ | No filing for 2024. | 2,953€ | 49.2% | 1 | — |
| 3219 | Ingreso Agency03418006 · Podgorica | <0.1% | 5,990€ | -15.6% | 84€ | 1.4% | 1 | 465€ |
| 3220 | R-Photo03483649 · Herceg Novi | <0.1% | 5,990€ | +1,098.0% | -3,196€ | -53.4% | 1 | 677€ |
| 3221 | Urban Architects03339998 · Ulcinj | <0.1% | 5,988€ | +20.7% | -7,463€ | -124.6% | 1 | 926€ |
| 3222 | Sirius Bar03376214 · Bar | <0.1% | 5,980€ | +79.3% | -2,805€ | -46.9% | 1 | 678€ |
| 3223 | Karatay03219135 · Budva | <0.1% | 5,963€ | +300.5% | -3,874€ | -65.0% | 1 | 677€ |
| 3224 | Računovotkinja03796353 · Podgorica | <0.1% | 5,921€ | No filing for 2024. | 1,182€ | 20.0% | 1 | 354€ |
| 3225 | Nivelis03783138 · Podgorica | <0.1% | 5,915€ | No filing for 2024. | -1,984€ | -33.5% | 1 | 408€ |
| 3226 | 2da Studio03462617 · Herceg Novi | <0.1% | 5,910€ | +167.4% | -3,014€ | -51.0% | 1 | 680€ |
| 3227 | Finansije M03070093 · Podgorica | <0.1% | 5,900€ | +302.7% | -5,840€ | -99.0% | 1 | 929€ |
| 3228 | Institut Iipp02753677 · Budva | <0.1% | 5,865€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 3,506€ | 59.8% | 1 | — |
| 3229 | Fan-Inžinjering03261697 · Podgorica | <0.1% | 5,850€ | +80.0% | -2,728€ | -46.6% | 1 | 681€ |
| 3230 | Versa03335143 · Tivat | <0.1% | 5,830€ | +1.9% | 779€ | 13.4% | 1 | 339€ |
| 3231 | Omro03422836 · Podgorica | <0.1% | 5,830€ | -42.0% | 0€ | 0.0% | 1 | — |
| 3232 | Btwgen Energy Solutions03375200 · Podgorica | <0.1% | 5,827€ | -96.8% | -29,089€ | -499.2% | 2 | 1,154€ |
| 3233 | Montenegro Constructive Consulting03719588 · Podgorica | <0.1% | 5,808€ | No filing for 2024. | -6,330€ | -109.0% | 1 | 717€ |
| 3234 | Bulatovic & Associates03498638 · Podgorica | <0.1% | 5,800€ | -48.8% | -1,612€ | -27.8% | 1 | 343€ |
| 3235 | Geom - Me03544214 · Budva | <0.1% | 5,800€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,170€ | -192.6% | 2 | 677€ |
| 3236 | VY Consalting03357589 · Ulcinj | <0.1% | 5,702€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -6,390€ | -112.1% | 2 | 493€ |
| 3237 | Fourdes03682528 · Budva | <0.1% | 5,700€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -6,936€ | -121.7% | 1 | 928€ |
| 3238 | Global Maksmont02849895 · Herceg Novi | <0.1% | 5,700€ | -1.7% | 1,349€ | 23.7% | 1 | 339€ |
| 3239 | Mitake Dojo03365867 · Herceg Novi | <0.1% | 5,675€ | +29.9% | -6,825€ | -120.3% | 1 | 680€ |
| 3240 | MB Balans03246876 · Rožaje | <0.1% | 5,650€ | +65.2% | 54€ | 1.0% | 1 | 450€ |
| 3241 | Blyne Data Technologies03590585 · Tivat | <0.1% | 5,600€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -21,343€ | -381.1% | 2 | 800€ |
| 3242 | Time Group Global03305244 · Ulcinj | <0.1% | 5,592€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -3,037€ | -54.3% | 1 | 675€ |
| 3243 | Alfina03627853 · Podgorica | <0.1% | 5,590€ | +35.7% | 1,612€ | 28.8% | 0 | — |
| 3244 | Asenvirocon03354946 · Podgorica | <0.1% | 5,565€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -15,632€ | -280.9% | 1 | 719€ |
| 3245 | Kristal Acc03323846 · Bar | <0.1% | 5,552€ | -26.4% | -6,096€ | -109.8% | 1 | 452€ |
| 3246 | Bonanca03343758 · Šavnik | <0.1% | 5,530€ | +421.2% | 2,449€ | 44.3% | 1 | — |
| 3247 | Natural Soft03193942 · Budva | <0.1% | 5,530€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 5,415€ | 97.9% | 1 | — |
| 3248 | House of Law and Business03701450 · Podgorica | <0.1% | 5,495€ | +999.0% | -6,669€ | -121.4% | 1 | 844€ |
| 3249 | Moebius and Tos03586138 · Budva | <0.1% | 5,440€ | +178.8% | -3,763€ | -69.2% | 1 | 678€ |
| 3250 | Mozz03462234 · Bar | <0.1% | 5,427€ | +37.8% | -2,942€ | -54.2% | 1 | 530€ |