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 4751–4800 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* |
|---|
| 4751 | P.E.N.Story MN03528138 · Tivat | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -13,479€ | — | 1 | 929€ |
| 4752 | Pippin03547922 · Kotor | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -6,477€ | — | 1 | 534€ |
| 4753 | Rada Accounting03335186 · Herceg Novi | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -10,216€ | — | 2 | 423€ |
| 4754 | Root Folder03782964 · Herceg Novi | 0.0% | 0€ | No filing for 2024. | -973€ | — | 1 | — |
| 4755 | Seo Fox03422810 · Herceg Novi | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,344€ | — | 1 | 929€ |
| 4756 | Smmart Group03470989 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -17,290€ | — | 1 | 1,350€ |
| 4757 | Velvet Machine03778061 · Herceg Novi | 0.0% | 0€ | No filing for 2024. | -1,288€ | — | 1 | — |
| 4758 | Vera Digital Marketing03416976 · Herceg Novi | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,281€ | — | 1 | 678€ |
| 4759 | Zebra-Consult03397947 · Herceg Novi | 0.0% | 0€ | -100.0% | -9,325€ | — | 1 | 678€ |
| 4760 | Crna Gora Acommercial Investment03259633 · Budva | 0.0% | 0€ | -100.0% | -12,388€ | — | 2 | 511€ |
| 4761 | Proconsult Rev02187680 · Kotor | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,083€ | — | 1 | — |
| 4762 | Consulting & Real Estate Group03366138 · Ulcinj | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -1,024€ | — | 1 | — |
| 4763 | Dsgnez03688135 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -10,464€ | — | 1 | 862€ |
| 4764 | DTP Factory03510034 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,480€ | — | 1 | 678€ |
| 4765 | Duru Agency03718506 · Podgorica | 0.0% | 0€ | No filing for 2024. | -25,153€ | — | 0 | — |
| 4766 | Dvadrickali03635287 · Herceg Novi | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,896€ | — | 1 | 635€ |
| 4767 | DXB Contracting03269817 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,146€ | — | 1 | 677€ |
| 4768 | DXB Investments03208052 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,123€ | — | 1 | 677€ |
| 4769 | Edmontonia03659330 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,836€ | — | 1 | 733€ |
| 4770 | Educatorium Montenegro03216110 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,681€ | — | 1 | — |
| 4771 | Efficientour03579034 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -16,248€ | — | 2 | 677€ |
| 4772 | Ekonomik Staff Leasing02953633 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -54,639€ | — | 2 | 1,649€ |
| 4773 | Elba Engineering03634701 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -69,401€ | — | 3 | 1,928€ |
| 4774 | Eleven Consulting03808661 · Podgorica | 0.0% | 0€ | No filing for 2024. | -462€ | — | 1 | — |
| 4775 | E L i N G02045117 · Bijelo Polje | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -10,364€ | — | 3 | — |
| 4776 | Energy Consulting02819554 · Budva | 0.0% | 0€ | -100.0% | 0€ | — | — | — |
| 4777 | Eng Global03635368 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -10,387€ | — | 1 | 863€ |
| 4778 | Eroglu Turizm Insaat Limited Sirketi03415597 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -13,014€ | — | 1 | 922€ |
| 4779 | Ethenea-Investa03342093 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -12,109€ | — | 1 | 930€ |
| 4780 | Et-Inotec03567966 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,626€ | — | 1 | 680€ |
| 4781 | Evenmore03164721 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,461€ | — | 1 | 678€ |
| 4782 | Evk Montenegro03708888 · Budva | 0.0% | 0€ | No filing for 2024. | -11,059€ | — | 1 | 921€ |
| 4783 | Executive Investments02687003 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,145€ | — | 1 | 677€ |
| 4784 | Eximbit03769607 · Tivat | 0.0% | 0€ | No filing for 2024. | -4,181€ | — | 1 | 344€ |
| 4785 | Expert Hospitality MG02982137 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,284€ | — | 1 | — |
| 4786 | Extra Thyme Limited03319458 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,720€ | — | 1 | 678€ |
| 4787 | Extra Tim03470377 · Podgorica | 0.0% | 0€ | -100.0% | 0€ | — | — | — |
| 4788 | Eymlio Global Advisory03796396 · Tivat | 0.0% | 0€ | No filing for 2024. | -405€ | — | 1 | — |
| 4789 | Fenice Consulting03443698 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,677€ | — | 1 | 712€ |
| 4790 | Fidelity Extra03412776 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -13,836€ | — | 1 | 931€ |
| 4791 | Filltam03219496 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,183€ | — | 1 | 678€ |
| 4792 | Firma-XXX03647056 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,918€ | — | 1 | 368€ |
| 4793 | Five Asset Holdings03782255 · Podgorica | 0.0% | 0€ | No filing for 2024. | -8,025€ | — | 1 | — |
| 4794 | Flag Markets03184269 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,653€ | — | 1 | 678€ |
| 4795 | Focus Montenegro Digital Solutions03428524 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -6,794€ | — | 1 | 563€ |
| 4796 | Fog Company03713172 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -7,121€ | — | 1 | 593€ |
| 4797 | Fortum Nautica Mne03480704 · Kotor | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 0€ | — | — | — |
| 4798 | Foto Alesia03605027 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,405€ | — | 1 | 677€ |
| 4799 | Frolov GM03590933 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,153€ | — | 1 | 676€ |
| 4800 | Urban Design Institute02753855 · Rožaje | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,029€ | — | 1 | — |