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 3801–3850 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* |
|---|
| 3801 | Qatquo03626962 · Tivat | <0.1% | 5€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -3,593€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | — |
| 3802 | Whitewater Developments Montenegro02451646 · Kolašin | <0.1% | 4€ | 0.0% | -57,372€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 3,970€ |
| 3803 | Centralna Putna Laboratorija03068307 · Podgorica | <0.1% | 2€ | -33.3% | -4,371€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | — |
| 3804 | Iron Consulting02775581 · Podgorica | <0.1% | 2€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,992€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | — |
| 3805 | Falcon Construction Tourism LTD03155889 · Podgorica | <0.1% | 2€ | -100.0% | -103,884€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 924€ |
| 3806 | Montep03102572 · Podgorica | <0.1% | 2€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -13,482€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 929€ |
| 3807 | Accord02457229 · Budva | <0.1% | 1€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -17,535€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 922€ |
| 3808 | Altus M03518582 · Nikšić | <0.1% | 1€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,866€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | — |
| 3809 | Aušra02640163 · Herceg Novi | <0.1% | 1€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -21,182€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 2 | 509€ |
| 3810 | Blue Ocean Investments02440504 · Herceg Novi | <0.1% | 1€ | 0.0% | -12,298€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 924€ |
| 3811 | Bumerang Denetim03278212 · Budva | <0.1% | 1€ | -98.9% | -8,336€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 675€ |
| 3812 | M.E Multi Expert03312801 · Bijelo Polje | <0.1% | 1€ | -100.0% | 0€ | 0.0% | 5 | — |
| 3813 | Primera Group03302130 · Bijelo Polje | <0.1% | 1€ | 0.0% | 0€ | 0.0% | 1 | — |
| 3814 | Reflection03728234 · Tivat | <0.1% | 1€ | No filing for 2024. | -7,508€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 0 | — |
| 3815 | Stage 10203477991 · Bar | <0.1% | 1€ | -99.9% | -7,224€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 568€ |
| 3816 | FTVJ03375668 · Herceg Novi | <0.1% | 1€ | -100.0% | -9,256€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 678€ |
| 3817 | Fi End Marketing03712800 · Podgorica | <0.1% | 1€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -14,857€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 850€ |
| 3818 | Labex Analytics03754979 · Podgorica | <0.1% | 1€ | No filing for 2024. | -299€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | — |
| 3819 | LB Design Studio03219003 · Tivat | <0.1% | 1€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -78,971€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 2 | 3,275€ |
| 3820 | Opticunion02689499 · Bijelo Polje | <0.1% | 1€ | 0.0% | 0€ | 0.0% | 1 | — |
| 3821 | Poliservizi - S. R. L03140288 · Podgorica | <0.1% | 1€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -1,352€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 0 | — |
| 3822 | Prolex-A03467341 · Budva | <0.1% | 1€ | -100.0% | -8,840€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 675€ |
| 3823 | Stroyfinans SF02759373 · Bar | <0.1% | 1€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -32,370€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 926€ |
| 3824 | Un Autre Monde03646122 · Podgorica | <0.1% | 1€ | -100.0% | -15,373€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 338€ |
| 3825 | 3motionmemories03429636 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,311€ | — | 1 | 678€ |
| 3826 | 7 Revenue Solutions03718450 · Herceg Novi | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -10,882€ | — | 1 | 907€ |
| 3827 | A 14 V Software03443337 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -20,727€ | — | 2 | 800€ |
| 3828 | A3 Print03207919 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,123€ | — | 1 | 677€ |
| 3829 | Ab Consulting03282783 · Herceg Novi | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,952€ | — | 1 | 927€ |
| 3830 | Absolute World Montenegro03755525 · Budva | 0.0% | 0€ | No filing for 2024. | -14,056€ | — | 2 | 579€ |
| 3831 | A.C.R.E.S. Invest03564703 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -3,746€ | — | 1 | — |
| 3832 | A+crowd03113680 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -3,737€ | — | 1 | — |
| 3833 | Actuaria03218970 · Podgorica | 0.0% | 0€ | -100.0% | -1,591€ | — | 1 | — |
| 3834 | Adamne Co03794938 · Podgorica | 0.0% | 0€ | No filing for 2024. | -81€ | — | 0 | — |
| 3835 | A-Design03336425 · Tivat | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -901€ | — | 1 | — |
| 3836 | Adm Global Consultancy03681530 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,073€ | — | 1 | 675€ |
| 3837 | Adoc02625482 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -241,480€ | — | 5 | 2,799€ |
| 3838 | Adriatic Allure03756823 · Bar | 0.0% | 0€ | No filing for 2024. | -5,128€ | — | 1 | 353€ |
| 3839 | Adt Company03485153 · Tivat | 0.0% | 0€ | -100.0% | -10,954€ | — | 1 | 678€ |
| 3840 | Aekbro03669289 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -12,037€ | — | 1 | 928€ |
| 3841 | Aenzer03484289 · Podgorica | 0.0% | 0€ | No filing for 2024. | -2,220€ | — | 0 | — |
| 3842 | Dream Invest03437957 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -19,193€ | — | 1 | — |
| 3843 | Ag-Uns Arhitektonsko-Građevinski Institut03641023 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -18,901€ | — | 1 | 929€ |
| 3844 | Radnik-Komerc02291762 · Bijelo Polje | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -1,588€ | — | 1 | — |
| 3845 | Akresia03667626 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -13,482€ | — | 1 | 1,033€ |
| 3846 | Akryazhev03482863 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -12,591€ | — | 1 | 926€ |
| 3847 | Akuo Energy Med03073696 · Nikšić | 0.0% | 0€ | -100.0% | -115,888€ | — | 3 | 2,435€ |
| 3848 | Alkrem Process Engineering03580130 · Tivat | 0.0% | 0€ | -100.0% | -11,150€ | — | 1 | 680€ |
| 3849 | All Stars Management03348148 · Cetinje | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,061€ | — | 1 | 338€ |
| 3850 | Alpango Group03596818 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -111€ | — | 1 | — |