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 3601–3650 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* |
|---|
| 3601 | Sau02756790 · Budva | <0.1% | 1,650€ | -87.5% | -2,158€ | -130.8% | 1 | — |
| 3602 | Lone Wolf Worx03452735 · Herceg Novi | <0.1% | 1,646€ | -75.8% | -8,609€ | -523.0% | 0 | — |
| 3603 | Parabola Konsalting03261662 · Podgorica | <0.1% | 1,625€ | -95.5% | -30,519€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 1,659€ |
| 3604 | Radoje Jovanović Atelje02777665 · Podgorica | <0.1% | 1,620€ | -63.1% | -3,992€ | -246.4% | 1 | 340€ |
| 3605 | Geovertex03786722 · Podgorica | <0.1% | 1,600€ | No filing for 2024. | -1,950€ | -121.9% | 1 | — |
| 3606 | Agencija Profit03234142 · Podgorica | <0.1% | 1,600€ | -40.3% | -3,284€ | -205.3% | 1 | 346€ |
| 3607 | Creatica03541746 · Podgorica | <0.1% | 1,585€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -7,732€ | -487.8% | 1 | 677€ |
| 3608 | Edeljvejs03462943 · Bar | <0.1% | 1,530€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -10,684€ | -698.3% | 1 | 929€ |
| 3609 | Levox Trading03358330 · Herceg Novi | <0.1% | 1,514€ | -79.2% | 215€ | 14.2% | 1 | — |
| 3610 | Archdesign Studio03374491 · Bar | <0.1% | 1,500€ | -92.7% | -18,599€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 2 | 717€ |
| 3611 | Avukat03734463 · Podgorica | <0.1% | 1,500€ | No filing for 2024. | -8,697€ | -579.8% | 1 | 712€ |
| 3612 | Ar Equity Investments03685462 · Herceg Novi | <0.1% | 1,500€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -1,898€ | -126.5% | 1 | — |
| 3613 | Ib & Partners03729273 · Podgorica | <0.1% | 1,500€ | No filing for 2024. | -1,524€ | -101.6% | 1 | — |
| 3614 | Pragmax Consulting03753379 · Podgorica | <0.1% | 1,500€ | No filing for 2024. | -571€ | -38.1% | 0 | — |
| 3615 | Montebase03184404 · Bar | <0.1% | 1,500€ | -77.5% | -22,559€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 1,186€ |
| 3616 | I&B Home03623246 · Herceg Novi | <0.1% | 1,500€ | -81.4% | -4,480€ | -298.7% | 1 | 337€ |
| 3617 | Kahira03565009 · Mojkovac | <0.1% | 1,492€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,951€ | -197.8% | 1 | — |
| 3618 | Energit03781968 | <0.1% | 1,450€ | No filing for 2024. | 386€ | 26.6% | 0 | — |
| 3619 | Jovus03757919 · Podgorica | <0.1% | 1,420€ | No filing for 2024. | -3,645€ | -256.7% | 1 | 421€ |
| 3620 | Darkwood Company02976021 · Podgorica | <0.1% | 1,419€ | -29.3% | -5,328€ | -375.5% | 1 | 410€ |
| 3621 | Agencija za Računovodstvo Panteon Gold03389693 · Kolašin | <0.1% | 1,400€ | -44.5% | -9,581€ | -684.4% | 1 | 779€ |
| 3622 | Danijar03373347 · Herceg Novi | <0.1% | 1,400€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -7,078€ | -505.6% | 1 | 675€ |
| 3623 | Geo Solution03792005 · Podgorica | <0.1% | 1,400€ | No filing for 2024. | -3,341€ | -238.6% | 0 | — |
| 3624 | Fokus Digital03118495 · Kotor | <0.1% | 1,400€ | -58.3% | -3,179€ | -227.1% | 1 | — |
| 3625 | MBG Consulting03336085 · Podgorica | <0.1% | 1,400€ | +16.7% | -850€ | -60.7% | 1 | — |
| 3626 | Bogić03495574 · Podgorica | <0.1% | 1,391€ | -91.8% | -1,441€ | -103.6% | 1 | — |
| 3627 | Anee Group03101037 · Budva | <0.1% | 1,384€ | -92.3% | -37,737€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 323€ |
| 3628 | Fina Ideja03703070 · Herceg Novi | <0.1% | 1,375€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -6,863€ | -499.1% | 1 | 678€ |
| 3629 | Id Design03565939 · Kotor | <0.1% | 1,351€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,807€ | -725.9% | 1 | 927€ |
| 3630 | Emergar03659232 · Podgorica | <0.1% | 1,350€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,127€ | -602.0% | 1 | 678€ |
| 3631 | Udaća02626896 · Podgorica | <0.1% | 1,350€ | +125.0% | -10,057€ | -745.0% | 1 | 675€ |
| 3632 | A-Međaš03236293 · Bar | <0.1% | 1,340€ | -54.1% | -10,522€ | -785.2% | 2 | 446€ |
| 3633 | Big Balkan Consulting03589374 · Rožaje | <0.1% | 1,320€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -3,988€ | -302.1% | 1 | 345€ |
| 3634 | Art & Jen 3D03437442 · Bar | <0.1% | 1,320€ | -79.5% | -8,493€ | -643.4% | 1 | 809€ |
| 3635 | Rasvet02955750 · Kotor | <0.1% | 1,310€ | -86.0% | -800€ | -61.1% | 1 | — |
| 3636 | Virtu Consulting03218562 · Budva | <0.1% | 1,310€ | -86.3% | -10,402€ | -794.0% | 1 | 928€ |
| 3637 | Policom03444864 · Budva | <0.1% | 1,305€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,651€ | -662.9% | 1 | 674€ |
| 3638 | A1 Project03419614 · Bar | <0.1% | 1,300€ | +126.1% | -4,198€ | -322.9% | 1 | — |
| 3639 | Kratos LS Group03746844 · Podgorica | <0.1% | 1,300€ | No filing for 2024. | -8,646€ | -665.1% | 0 | — |
| 3640 | Momentum Consulting03688267 · Nikšić | <0.1% | 1,300€ | -56.7% | -7,488€ | -576.0% | 1 | 677€ |
| 3641 | Infinity Projects03780937 · Budva | <0.1% | 1,300€ | No filing for 2024. | 341€ | 26.2% | 1 | — |
| 3642 | Amon Financial & Business Consulting03118835 · Budva | <0.1% | 1,295€ | -75.8% | -4,762€ | -367.7% | 1 | 400€ |
| 3643 | Anl Kapital03768562 · Nikšić | <0.1% | 1,270€ | No filing for 2024. | -5,611€ | -441.8% | 1 | 484€ |
| 3644 | Udruženje Samohranih Majki Kotor02398761 · Kotor | <0.1% | 1,259€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 859€ | 68.2% | 0 | — |
| 3645 | Bil DP Company02464594 · Cetinje | <0.1% | 1,255€ | +16.2% | 37€ | 2.9% | 1 | — |
| 3646 | Katarina's Kadar03718476 · Herceg Novi | <0.1% | 1,250€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -5,047€ | -403.8% | 1 | 339€ |
| 3647 | Butler Montenegro02982668 · Bar | <0.1% | 1,250€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -7,122€ | -569.8% | 1 | 683€ |
| 3648 | Oecfuture03602176 · Bar | <0.1% | 1,240€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -7,215€ | -581.9% | 1 | 677€ |
| 3649 | Eh Group03787583 · Rožaje | <0.1% | 1,235€ | No filing for 2024. | -794€ | -64.3% | 1 | — |
| 3650 | KG Creative03714616 · Podgorica | <0.1% | 1,230€ | No filing for 2024. | -5,883€ | -478.3% | 1 | 593€ |