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 3751–3800 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* |
|---|
| 3751 | Eradura03251837 · Podgorica | <0.1% | 365€ | -91.2% | -2,337€ | -640.3% | 0 | — |
| 3752 | Building Smart Technologies Montenegro02820803 · Herceg Novi | <0.1% | 350€ | -99.3% | -10,934€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 677€ |
| 3753 | Nacobarko03447499 · Budva | <0.1% | 350€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -10,303€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 677€ |
| 3754 | New Accounting03781925 · Podgorica | <0.1% | 330€ | No filing for 2024. | -470€ | -142.4% | 1 | — |
| 3755 | Cyor03310477 · Tivat | <0.1% | 328€ | -97.9% | -2,928€ | -892.7% | 1 | — |
| 3756 | Sustain03571785 · Podgorica | <0.1% | 304€ | +520.4% | -8,713€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 670€ |
| 3757 | Oui Consulting03755045 · Podgorica | <0.1% | 301€ | No filing for 2024. | -1,832€ | -608.6% | 1 | — |
| 3758 | Great Montenegro03202283 · Budva | <0.1% | 300€ | -89.4% | -8,821€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 676€ |
| 3759 | Gulhan Group Mne03614565 · Podgorica | <0.1% | 300€ | -50.0% | -19,616€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 3 | 553€ |
| 3760 | Translators.Io03420175 · Podgorica | <0.1% | 298€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,807€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 675€ |
| 3761 | DQ-One03615154 · Bar | <0.1% | 280€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,216€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 677€ |
| 3762 | Human Light03194825 · Kotor | <0.1% | 274€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -15,424€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 670€ |
| 3763 | Ksenija-Interior Design03508633 · Podgorica | <0.1% | 271€ | -93.7% | -23,948€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 2 | 929€ |
| 3764 | Emg Consult02965445 · Budva | <0.1% | 243€ | -97.2% | -12,476€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 916€ |
| 3765 | Cedem Puls02715848 · Podgorica | <0.1% | 230€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -6,371€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | — |
| 3766 | Revantage X03781224 · Podgorica | <0.1% | 219€ | No filing for 2024. | -5,839€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | — |
| 3767 | Marixperience03373134 · Budva | <0.1% | 200€ | -98.3% | -2,071€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | — |
| 3768 | Some Soul03439828 · Bijelo Polje | <0.1% | 200€ | +25.0% | -11,908€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 924€ |
| 3769 | Eliss Bravo LTD03452689 · Bar | <0.1% | 200€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,144€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 940€ |
| 3770 | Good Location Properties02706644 · Budva | <0.1% | 200€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -10,988€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 929€ |
| 3771 | Inter Alia03260607 | <0.1% | 200€ | -89.8% | -4,702€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 397€ |
| 3772 | Lux Photo & Video02622840 · Pljevlja | <0.1% | 200€ | +198.5% | 190€ | 95.0% | 0 | — |
| 3773 | Petrotech Group03492460 · Budva | <0.1% | 190€ | -96.0% | -4,753€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 321€ |
| 3774 | Prematics03701034 · Podgorica | <0.1% | 166€ | +1,560.0% | -19,741€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 697€ |
| 3775 | Iwim03507122 · Herceg Novi | <0.1% | 165€ | -31.3% | -8,715€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 675€ |
| 3776 | Ruzgar Gulu03670716 · Podgorica | <0.1% | 160€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -10,119€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 857€ |
| 3777 | Real Application03641163 · Bar | <0.1% | 159€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,461€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 677€ |
| 3778 | Zuzu Company03713393 · Podgorica | <0.1% | 150€ | No filing for 2024. | -5,837€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 528€ |
| 3779 | Green Gvozd03075257 · Podgorica | <0.1% | 149€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -43,405€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 1,263€ |
| 3780 | Videsign03329852 · Budva | <0.1% | 145€ | +72.6% | -9,466€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 675€ |
| 3781 | Alfa Holding Group LTD03333558 · Herceg Novi | <0.1% | 120€ | -99.4% | -6,030€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 358€ |
| 3782 | Expo Invest02741954 · Budva | <0.1% | 110€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -57,138€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | — |
| 3783 | Meriton.Me03130533 · Tivat | <0.1% | 103€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -3,973€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | — |
| 3784 | Identity Marketing & Design03173275 · Budva | <0.1% | 93€ | -65.7% | -3,977€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 338€ |
| 3785 | Winners Group Mne03620514 · Podgorica | <0.1% | 73€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,005€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | — |
| 3786 | Neca-Iva02892189 · Nikšić | <0.1% | 70€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -248€ | -354.3% | 1 | — |
| 3787 | Montenegro’s Profesional Services Network03509605 · Podgorica | <0.1% | 50€ | -96.7% | -7,456€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 678€ |
| 3788 | Daisy Consulting03131947 · Podgorica | <0.1% | 41€ | -99.9% | -17,610€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 674€ |
| 3789 | Intelligent Voice Execution03426858 · Herceg Novi | <0.1% | 41€ | -56.4% | -16,951€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 716€ |
| 3790 | Zenina Design03543811 · Podgorica | <0.1% | 40€ | -98.9% | -7,441€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 678€ |
| 3791 | Adriatik-Project02674556 · Herceg Novi | <0.1% | 40€ | -99.3% | -6,341€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 339€ |
| 3792 | Global Script Solution03596044 · Budva | <0.1% | 27€ | -98.3% | -9,246€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 680€ |
| 3793 | Siemens Energy Austria GMBH, Beč03337162 · Podgorica | <0.1% | 20€ | -47.4% | -27,355€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 0 | — |
| 3794 | New Horizon Montenegro03687325 · Podgorica | <0.1% | 19€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -71,961€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 5 | 841€ |
| 3795 | Vavilon02454815 · Budva | <0.1% | 15€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -10,411€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 677€ |
| 3796 | Longevity Biotech Systems03562859 · Tivat | <0.1% | 15€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -10,995€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 678€ |
| 3797 | Monte Vila02417626 · Podgorica | <0.1% | 14€ | +40.0% | -23,067€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 922€ |
| 3798 | Expeditio Architects02769921 · Kotor | <0.1% | 12€ | -89.8% | -7,230€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 2 | — |
| 3799 | Pharma Engineering03180085 · Podgorica | <0.1% | 7€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -20,980€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 442€ |
| 3800 | Kamushki03742270 · Budva | <0.1% | 7€ | No filing for 2024. | -9,245€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 648€ |