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 4301–4350 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* |
|---|
| 4301 | Maxima Group03135071 · Herceg Novi | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -15,402€ | — | 1 | 677€ |
| 4302 | Maxim Plus03739112 · Podgorica | 0.0% | 0€ | No filing for 2024. | -6,855€ | — | 1 | 499€ |
| 4303 | Maxiosoftware03441806 · Tivat | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,515€ | — | 1 | 615€ |
| 4304 | M Consulting Group03495639 · Herceg Novi | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,701€ | — | 1 | — |
| 4305 | MDRD Investment03223124 · Podgorica | 0.0% | 0€ | -100.0% | -5,681€ | — | 1 | 338€ |
| 4306 | Mdspeech03558339 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,936€ | — | 1 | 926€ |
| 4307 | Mediadio03686787 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,143€ | — | 1 | 670€ |
| 4308 | Medpharma Ventures03601498 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,122€ | — | 1 | 677€ |
| 4309 | Melcey03723879 · Budva | 0.0% | 0€ | No filing for 2024. | -6,808€ | — | 1 | 561€ |
| 4310 | Memo Communication03226182 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -12,580€ | — | 1 | 924€ |
| 4311 | Menderes Consulting03250911 · Budva | 0.0% | 0€ | -100.0% | -24,213€ | — | 1 | 845€ |
| 4312 | Mesan Construction & Construction Materials03211754 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,020€ | — | 1 | 335€ |
| 4313 | Meteon Consulting03759059 · Podgorica | 0.0% | 0€ | No filing for 2024. | -1,256€ | — | 1 | — |
| 4314 | Mgac Montenegro03461238 · Podgorica | 0.0% | 0€ | -100.0% | -58,065€ | — | 1 | — |
| 4315 | Miko Komerc03759466 · Berane | 0.0% | 0€ | No filing for 2024. | -1,277€ | — | 1 | — |
| 4316 | Mimoza Company03372766 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,298€ | — | 1 | 675€ |
| 4317 | Minić Kompany03114287 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,320€ | — | 1 | 777€ |
| 4318 | Mintads03571335 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 0€ | — | — | — |
| 4319 | Miox02944847 · Kotor | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -112,555€ | — | 2 | 715€ |
| 4320 | Mirora03794598 · Podgorica | 0.0% | 0€ | No filing for 2024. | -1,260€ | — | 1 | — |
| 4321 | Mkaeil Trading Company03762866 · Podgorica | 0.0% | 0€ | No filing for 2024. | 0€ | — | — | — |
| 4322 | MKV03782395 · Mojkovac | 0.0% | 0€ | No filing for 2024. | -7,020€ | — | 2 | — |
| 4323 | MM Consulting03300145 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -3,066€ | — | 1 | — |
| 4324 | MMG Group 703763552 · Budva | 0.0% | 0€ | No filing for 2024. | -3,084€ | — | 0 | — |
| 4325 | MMN Company03720977 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -29,717€ | — | 1 | — |
| 4326 | MNC Consulting03220486 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 0€ | — | — | — |
| 4327 | Mne Foundry Automation03644910 · Herceg Novi | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,210€ | — | 1 | 927€ |
| 4328 | Mobiland Studio03676498 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,827€ | — | 1 | 670€ |
| 4329 | Mobil - Invest02763389 · Bijelo Polje | 0.0% | 0€ | -100.0% | 0€ | — | — | — |
| 4330 | Mobix Digital03553574 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,238€ | — | 1 | 926€ |
| 4331 | Moma Design03110788 · Tivat | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -3,166€ | — | — | — |
| 4332 | Monarch Enterprises LLC03166546 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,255€ | — | 1 | 676€ |
| 4333 | Moninvest02297582 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,110€ | — | 1 | 340€ |
| 4334 | Monolit Invest03160904 · Budva | 0.0% | 0€ | -100.0% | -15,088€ | — | 1 | 430€ |
| 4335 | Monte Dei Consultancy03701557 · Kotor | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,324€ | — | 1 | 679€ |
| 4336 | Montelaw Group03622622 · Bar | 0.0% | 0€ | -100.0% | 0€ | — | — | — |
| 4337 | Montenegro Campus03566587 · Podgorica | 0.0% | 0€ | -100.0% | -9,026€ | — | 1 | 678€ |
| 4338 | Montenegro Capital Investments02977168 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 0€ | — | — | — |
| 4339 | Montenegro Connection Group03808041 · Podgorica | 0.0% | 0€ | No filing for 2024. | -339€ | — | 1 | — |
| 4340 | Montenegro Eu Project Consulting03320073 · Podgorica | 0.0% | 0€ | -100.0% | -2,469€ | — | 1 | — |
| 4341 | Montera Trading03294170 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,036€ | — | 1 | — |
| 4342 | Montestarr03738736 · Budva | 0.0% | 0€ | No filing for 2024. | -13,944€ | — | 3 | 387€ |
| 4343 | Monte Studio03686485 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -7,029€ | — | 1 | 586€ |
| 4344 | Monte Vir03111164 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,692€ | — | 1 | — |
| 4345 | Montrenew Solution03745511 · Podgorica | 0.0% | 0€ | No filing for 2024. | -5,478€ | — | 1 | 457€ |
| 4346 | Mood Tourism & Organisation03761096 · Podgorica | 0.0% | 0€ | No filing for 2024. | -16,884€ | — | 4 | 343€ |
| 4347 | Moon Social Media03602915 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,448€ | — | 1 | 371€ |
| 4348 | Moontalk03804518 · Tivat | 0.0% | 0€ | No filing for 2024. | -801€ | — | 1 | — |
| 4349 | Morski Konjic Dev03531155 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,983€ | — | 1 | 677€ |
| 4350 | Motiva03545687 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,036€ | — | 1 | — |