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 3501–3550 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* |
|---|
| 3501 | Psihologija.Me03741311 · Podgorica | <0.1% | 2,625€ | No filing for 2024. | 30€ | 1.1% | 0 | — |
| 3502 | Easylearn03516113 · Podgorica | <0.1% | 2,620€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -6,433€ | -245.5% | 1 | 675€ |
| 3503 | Gilmanov Group03322807 · Bar | <0.1% | 2,607€ | -85.8% | -8,706€ | -333.9% | 2 | — |
| 3504 | Terra Incognita03302920 · Podgorica | <0.1% | 2,600€ | -73.1% | -5,784€ | -222.5% | 1 | 678€ |
| 3505 | Center Port03277275 · Bar | <0.1% | 2,597€ | -11.3% | -66,164€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 922€ |
| 3506 | Vsem Target03726789 · Budva | <0.1% | 2,550€ | No filing for 2024. | -4,640€ | -182.0% | 1 | 555€ |
| 3507 | Hemplicity03050343 · Tivat | <0.1% | 2,535€ | -90.0% | -36,034€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 2 | 610€ |
| 3508 | Aria Communication and Consulting03803023 · Podgorica | <0.1% | 2,534€ | No filing for 2024. | 214€ | 8.4% | 1 | — |
| 3509 | Dereli Engineering & Consultants03182100 · Budva | <0.1% | 2,500€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -10,057€ | -402.3% | 1 | 928€ |
| 3510 | Geometar-9903182061 · Mojkovac | <0.1% | 2,500€ | -28.0% | -6,706€ | -268.2% | 1 | 690€ |
| 3511 | Nova Voda02442833 · Bar | <0.1% | 2,500€ | -74.2% | -4,460€ | -178.4% | 2 | — |
| 3512 | Salvage03687945 · Cetinje | <0.1% | 2,500€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -118€ | -4.7% | 1 | — |
| 3513 | Deal Mne03429750 · Podgorica | <0.1% | 2,479€ | -72.6% | -46€ | -1.9% | 1 | — |
| 3514 | L'arh03805212 · Podgorica | <0.1% | 2,479€ | No filing for 2024. | 1,266€ | 51.1% | 1 | — |
| 3515 | Solvio03645118 · Podgorica | <0.1% | 2,479€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -732€ | -29.5% | 1 | — |
| 3516 | V.Vito02882370 · Podgorica | <0.1% | 2,468€ | 0.0% | -147€ | -6.0% | 1 | — |
| 3517 | Rolianskii03436551 · Budva | <0.1% | 2,466€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -5,734€ | -232.5% | 1 | 675€ |
| 3518 | Raido03729192 · Herceg Novi | <0.1% | 2,440€ | No filing for 2024. | -7,019€ | -287.7% | 1 | 742€ |
| 3519 | Barkodesign03598306 · Budva | <0.1% | 2,400€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,826€ | -367.8% | 1 | 927€ |
| 3520 | Eterna Financial and Tax Advisors03406172 · Podgorica | <0.1% | 2,400€ | -52.9% | 84€ | 3.5% | 1 | — |
| 3521 | Gareev03431525 · Herceg Novi | <0.1% | 2,400€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -5,698€ | -237.4% | 1 | 675€ |
| 3522 | Mirna Luka BB03234088 · Budva | <0.1% | 2,400€ | -36.5% | -8,385€ | -349.4% | 1 | 669€ |
| 3523 | MR Sports Managment03605388 · Podgorica | <0.1% | 2,400€ | -76.5% | -6,197€ | -258.2% | 1 | 578€ |
| 3524 | Vmway03379540 · Herceg Novi | <0.1% | 2,400€ | +140.0% | -6,452€ | -268.8% | 1 | 680€ |
| 3525 | Mr.Sacan03748316 · Podgorica | <0.1% | 2,400€ | No filing for 2024. | -5,297€ | -220.7% | 1 | 391€ |
| 3526 | Yust Europa03683818 · Podgorica | <0.1% | 2,400€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,332€ | -97.2% | 1 | — |
| 3527 | Finco Me03616266 · Podgorica | <0.1% | 2,393€ | +9.1% | -5,987€ | -250.2% | 1 | 677€ |
| 3528 | Proart03385655 · Bijelo Polje | <0.1% | 2,380€ | -92.0% | -18,616€ | -782.2% | 2 | 452€ |
| 3529 | Crnogorski Institut za Razvoj Poslovnih Sistema03130240 · Podgorica | <0.1% | 2,370€ | +48.1% | -407€ | -17.2% | 1 | — |
| 3530 | Montenegro Soho Properties03576523 · Podgorica | <0.1% | 2,367€ | +192.6% | -3,021€ | -127.6% | 1 | 312€ |
| 3531 | Bilans M02965852 · Bar | <0.1% | 2,360€ | -41.6% | -59€ | -2.5% | 1 | — |
| 3532 | Maxvolob03491455 · Budva | <0.1% | 2,360€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -10,372€ | -439.5% | 1 | 926€ |
| 3533 | Hedgehog Games03440435 · Bijelo Polje | <0.1% | 2,358€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,651€ | -409.3% | 1 | 925€ |
| 3534 | Alterico03268420 · Podgorica | <0.1% | 2,350€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 319€ | 13.6% | 1 | — |
| 3535 | Tara Managament03061299 · Budva | <0.1% | 2,340€ | -38.7% | -6,130€ | -262.0% | 1 | 677€ |
| 3536 | De’arian03188132 · Tivat | <0.1% | 2,314€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -12,534€ | -541.7% | 1 | 922€ |
| 3537 | Umami Taste03625281 · Kotor | <0.1% | 2,310€ | -77.9% | -8,246€ | -357.0% | 1 | 785€ |
| 3538 | Innovation Logistics03450929 · Kotor | <0.1% | 2,300€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -6,784€ | -295.0% | 1 | 677€ |
| 3539 | Medical Systems03395707 · Podgorica | <0.1% | 2,276€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 239€ | 10.5% | 1 | — |
| 3540 | NM Champions02445166 · Podgorica | <0.1% | 2,273€ | -1.1% | -276€ | -12.1% | 1 | — |
| 3541 | Engsoft Engineering03012620 · Podgorica | <0.1% | 2,260€ | -76.0% | -1,704€ | -75.4% | 1 | — |
| 3542 | Brokoli Company03748596 · Budva | <0.1% | 2,250€ | No filing for 2024. | -3,592€ | -159.6% | 1 | 477€ |
| 3543 | Shankara03501701 · Cetinje | <0.1% | 2,235€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -5,980€ | -267.6% | 1 | 675€ |
| 3544 | Csas Expert Projekt03503429 · Budva | <0.1% | 2,214€ | +289.1% | -10,555€ | -476.7% | 1 | 927€ |
| 3545 | Majuly03432971 · Budva | <0.1% | 2,210€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -6,506€ | -294.4% | 1 | 677€ |
| 3546 | Cat Land03293815 · Herceg Novi | <0.1% | 2,200€ | +900.0% | -6,579€ | -299.0% | 1 | 680€ |
| 3547 | MB Malinchiki03519767 · Budva | <0.1% | 2,158€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -6,045€ | -280.1% | 1 | 674€ |
| 3548 | Outpost03124215 · Herceg Novi | <0.1% | 2,145€ | -86.6% | -11,576€ | -539.7% | 1 | 929€ |
| 3549 | Anzo03794369 · Berane | <0.1% | 2,106€ | No filing for 2024. | -3,449€ | -163.8% | 2 | — |
| 3550 | Catalyst Business Solutions & Consulting03558061 · Budva | <0.1% | 2,100€ | -62.6% | -4,533€ | -215.9% | 1 | 361€ |