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 4201–4250 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* |
|---|
| 4201 | Gundogdu Group03710513 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,163€ | — | 1 | 678€ |
| 4202 | Gusev Digital03427951 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,882€ | — | 1 | 677€ |
| 4203 | Gzhelka03396720 · Herceg Novi | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,153€ | — | 1 | 678€ |
| 4204 | Hall Chadwick Balkans03808939 · Podgorica | 0.0% | 0€ | No filing for 2024. | -263€ | — | 0 | — |
| 4205 | Harmony of Life03603865 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,171€ | — | 1 | 677€ |
| 4206 | Haroa03584461 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,143€ | — | 1 | 670€ |
| 4207 | HBM03197158 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,105€ | — | 1 | 924€ |
| 4208 | Hdstudy03679187 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -23,440€ | — | 2 | 928€ |
| 4209 | Hena Architecture & Design03211835 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -3,760€ | — | 1 | 313€ |
| 4210 | Hildita03470458 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,144€ | — | 1 | 916€ |
| 4211 | Home Design Montenegro03803490 · Podgorica | 0.0% | 0€ | No filing for 2024. | -96€ | — | 1 | — |
| 4212 | Horizon Company03228410 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,294€ | — | 1 | 922€ |
| 4213 | Horst Borso03453847 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -17,265€ | — | 2 | 677€ |
| 4214 | Hummer Consulting03200205 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,497€ | — | 1 | 677€ |
| 4215 | HYDR - Agency03347168 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,036€ | — | 1 | — |
| 4216 | HYT Budva Mne03726673 · Budva | 0.0% | 0€ | No filing for 2024. | -6,965€ | — | 1 | 557€ |
| 4217 | Idea Maxima02901269 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,069€ | — | 1 | 339€ |
| 4218 | Ifi Projects03801080 · Berane | 0.0% | 0€ | No filing for 2024. | -1,459€ | — | 0 | — |
| 4219 | Ikideniz03708551 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,785€ | — | 1 | 678€ |
| 4220 | Imaginary Forces03482278 · Cetinje | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,154€ | — | 1 | 675€ |
| 4221 | Imagination03498620 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,909€ | — | 1 | 677€ |
| 4222 | Imaginative03760472 · Budva | 0.0% | 0€ | No filing for 2024. | -6,717€ | — | 1 | 467€ |
| 4223 | Imladris03306313 · Budva | 0.0% | 0€ | -100.0% | -8,215€ | — | 1 | 675€ |
| 4224 | Impart Montenegro03309851 · Tivat | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,176€ | — | 1 | 678€ |
| 4225 | In Geo Com03517152 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,867€ | — | 1 | 927€ |
| 4226 | Inkoplan02087723 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -3,121€ | — | 1 | — |
| 4227 | Inovatec03421368 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -15,519€ | — | 2 | 529€ |
| 4228 | Intermedio03123367 · Herceg Novi | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,062€ | — | 1 | 338€ |
| 4229 | International Consulting Group03584089 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,184€ | — | 1 | 677€ |
| 4230 | International Documenting System03464938 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,228€ | — | 1 | 670€ |
| 4231 | Interpretare03715256 · Herceg Novi | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -452€ | — | 1 | — |
| 4232 | Intersay Consulting03231461 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,116€ | — | 1 | 676€ |
| 4233 | Intomonte03556158 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,570€ | — | 1 | 677€ |
| 4234 | Investment Group Balkan03249107 · Budva | 0.0% | 0€ | -100.0% | -21,938€ | — | 1 | 1,341€ |
| 4235 | Ir & Co International03235173 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -3,760€ | — | 1 | 313€ |
| 4236 | Isamat03717984 · Podgorica | 0.0% | 0€ | No filing for 2024. | -7,970€ | — | 0 | — |
| 4237 | Iterum Group03703355 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,106€ | — | 1 | — |
| 4238 | Jamton03517551 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,165€ | — | 1 | 677€ |
| 4239 | Jan Cicconi03497089 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,036€ | — | 1 | — |
| 4240 | J-Dynamics03805875 · Herceg Novi | 0.0% | 0€ | No filing for 2024. | -677€ | — | 1 | — |
| 4241 | JM Consulting & Design03408825 · Herceg Novi | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,132€ | — | 1 | 675€ |
| 4242 | Job Consulting03591476 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -12,011€ | — | 1 | 1,001€ |
| 4243 | Joffrey's DM03592871 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,215€ | — | 1 | 674€ |
| 4244 | Jupiter Consulting03210588 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -12,474€ | — | 1 | 1,025€ |
| 4245 | Kaliot03227685 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -12,456€ | — | 1 | 916€ |
| 4246 | Kambala03517012 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -12,710€ | — | 1 | 951€ |
| 4247 | Kas Engineering03783537 · Herceg Novi | 0.0% | 0€ | No filing for 2024. | -1,576€ | — | 1 | — |
| 4248 | Kaya Consulting03585395 · Kotor | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,169€ | — | 1 | 678€ |
| 4249 | Keepadriatic03551229 · Herceg Novi | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -10,059€ | — | 1 | 680€ |
| 4250 | Kerem03232280 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,556€ | — | 1 | — |