Revenue
22.2% of sector revenue
1,560 companies earned 167.44m€ in 2025, 22.2% of Professional services sector revenue. Revenue has grown 2.6× since 2015.
22.2% of sector revenue
1,163 with at most one employee
Largest employer: Net Montenegro (605)
Median company 2.9% · 39% profitable
Average per employee, not per company
Revenue in € million (bars) and filing companies (below), 2015–2025
Revenue change vs 2024, companies with at least 1m€ that year
Ranked by total revenue · Showing 301–350 of 1,560
* 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 19 sole proprietors: natural persons whose statements are shown only in aggregate, never by name. The company count excludes them. How we calculate →
The activity title is the code's title in the KD 2010 classification (NACE Rev. 2), which applies to every year shown. The registry now shows titles from the new classification for the same codes, so titles can differ.
| Year | Revenue | Companies |
|---|---|---|
| 2015 | 63,276,208€ | 397 |
| 2016 | 60,046,393€ | 442 |
| 2017 | 59,066,154€ | 576 |
| 2018 | 62,781,930€ | 977 |
| 2019 | 68,290,593€ | 1,150 |
| 2020 | 84,366,878€ | 1,208 |
| 2021 | 115,447,772€ | 1,266 |
| 2022 | 123,432,860€ | 1,377 |
| 2023 | 146,262,189€ | 1,495 |
| 2024 | 170,216,865€ | 1,604 |
| 2025 (Preliminary) | 167,436,111€ | 1,560 |
The number of companies jumped most in 2018: from 576 to 977.
Employees and payroll cost per employee per month*
<0.1% |
| 56,600€ |
| +454.9% |
| 29,806€ |
| 52.7% |
| 1 |
| 707€ |
| 303 | Dacija N102760622 · Podgorica | <0.1% | 56,460€ | -28.5% | 631€ | 1.1% | 1 | 3,858€ |
| 304 | Chila Mon03315827 · Bijelo Polje | <0.1% | 56,347€ | +61.8% | -8,667€ | -15.4% | 5 | 1,080€ |
| 305 | Must03326683 · Budva | <0.1% | 56,264€ | +580.8% | 1,896€ | 3.4% | 1 | 3,890€ |
| 306 | Eliksir Group03633233 · Berane | <0.1% | 56,239€ | +1.1% | -20,284€ | -36.1% | 2 | 3,006€ |
| 307 | Ap Project Core03384870 · Herceg Novi | <0.1% | 55,853€ | +6.3% | 11,209€ | 20.1% | 2 | 1,650€ |
| 308 | Agro Projekat03482502 · Bijelo Polje | <0.1% | 55,546€ | +126.5% | 13,690€ | 24.6% | 2 | 1,693€ |
| 309 | Date03253619 · Podgorica | <0.1% | 55,542€ | -60.8% | 44,663€ | 80.4% | 1 | — |
| 310 | Capital Invest02646811 · Podgorica | <0.1% | 55,460€ | -31.0% | -250,762€ | -452.1% | 6 | 1,329€ |
| 311 | Akova Invest Group03302890 · Bijelo Polje | <0.1% | 55,345€ | -19.3% | 384€ | 0.7% | 3 | 1,511€ |
| 312 | Borcert03090035 · Podgorica | <0.1% | 55,300€ | -25.5% | 1,743€ | 3.2% | 1 | 504€ |
| 313 | Energy Capital03221598 · Podgorica | <0.1% | 55,172€ | -59.9% | 304€ | 0.6% | 1 | 776€ |
| 314 | Success Ratio03762785 · Cetinje | <0.1% | 55,019€ | No filing for 2024. | 4,219€ | 7.7% | 1 | 2,209€ |
| 315 | Leo Estate03438490 · Budva | <0.1% | 54,987€ | -65.4% | 1,829€ | 3.3% | 2 | 402€ |
| 316 | A.E. Halfmoon03168832 · Podgorica | <0.1% | 54,881€ | +51.3% | 14,498€ | 26.4% | 1 | 723€ |
| 317 | Millennial Consulting03181715 · Nikšić | <0.1% | 54,809€ | -21.8% | -1,526€ | -2.8% | 2 | 912€ |
| 318 | Brain Code03461181 · Podgorica | <0.1% | 54,413€ | +48.9% | 8,716€ | 16.0% | 1 | 1,941€ |
| 319 | Golden Lion Services03255000 · Tivat | <0.1% | 54,188€ | +532.0% | 12,186€ | 22.5% | 1 | 1,434€ |
| 320 | Vilcom02953757 · Tivat | <0.1% | 53,422€ | -11.6% | 228€ | 0.4% | 2 | 1,591€ |
| 321 | E&A Consalting Management Solutions03652467 · Bijelo Polje | <0.1% | 53,410€ | -19.9% | 27,034€ | 50.6% | 1 | 2,030€ |
| 322 | Asya's03299414 · Bijelo Polje | <0.1% | 53,304€ | -1.5% | -9,927€ | -18.6% | 4 | 1,144€ |
| 323 | Level Pro03364747 · Bijelo Polje | <0.1% | 52,977€ | -1.5% | 757€ | 1.4% | 4 | 968€ |
| 324 | Emona As02681099 · Podgorica | <0.1% | 52,800€ | -2.0% | 3,621€ | 6.9% | 0 | — |
| 325 | Monte - Bel03361349 · Ulcinj | <0.1% | 52,769€ | +46.6% | 14,772€ | 28.0% | 1 | 705€ |
| 326 | Agencija za Održivi Razvoj Azor Consulting03633098 · Podgorica | <0.1% | 52,650€ | +88.4% | 5,344€ | 10.2% | 2 | 1,130€ |
| 327 | Scotch Whisky Investments Montenegro03667227 · Podgorica | <0.1% | 52,538€ | +61.6% | 12,608€ | 24.0% | 2 | 747€ |
| 328 | Monteops03306941 · Podgorica | <0.1% | 52,165€ | +18.9% | 3,724€ | 7.1% | 3 | 984€ |
| 329 | Ivi Marketing Company03042561 · Podgorica | <0.1% | 51,864€ | +40.3% | 18,048€ | 34.8% | 1 | 2,587€ |
| 330 | Direkta Consulting03619770 · Cetinje | <0.1% | 51,690€ | +136.0% | 20,840€ | 40.3% | 1 | 577€ |
| 331 | The Global Elite03138631 · Podgorica | <0.1% | 50,885€ | -7.0% | -60,835€ | -119.6% | 2 | 704€ |
| 332 | Data Solutions03020215 · Herceg Novi | <0.1% | 50,566€ | +239.3% | 17,082€ | 33.8% | 1 | 1,115€ |
| 333 | Nikway03282481 · Podgorica | <0.1% | 50,206€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 6,596€ | 13.1% | 1 | 2,718€ |
| 334 | Brinis03111423 · Podgorica | <0.1% | 49,935€ | -10.4% | 2,108€ | 4.2% | 1 | 1,424€ |
| 335 | I.M.A.03217329 · Podgorica | <0.1% | 49,924€ | -2.5% | 11,994€ | 24.0% | 1 | 949€ |
| 336 | Bernex03152936 · Bijelo Polje | <0.1% | 49,701€ | +140.1% | 11,752€ | 23.6% | 2 | 1,381€ |
| 337 | Centar za Radno i Poslovno Pravo03295354 · Podgorica | <0.1% | 49,659€ | -10.7% | 1,520€ | 3.1% | 2 | 975€ |
| 338 | Credit Law02783088 · Podgorica | <0.1% | 49,033€ | +4.5% | -942€ | -1.9% | 3 | 646€ |
| 339 | SW Food Consulting03766616 · Budva | <0.1% | 48,930€ | No filing for 2024. | 43,178€ | 88.2% | 1 | — |
| 340 | Financial Hub03725693 · Podgorica | <0.1% | 48,442€ | No filing for 2024. | 13,154€ | 27.2% | 2 | 963€ |
| 341 | Intermediation of Balkan Nations03539725 · Podgorica | <0.1% | 48,409€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 9,747€ | 20.1% | 1 | 563€ |
| 342 | Growthcom Group03354954 · Budva | <0.1% | 48,329€ | +422.1% | 32,373€ | 67.0% | 1 | 1,058€ |
| 343 | Influx03143279 · Podgorica | <0.1% | 48,272€ | +23.7% | 683€ | 1.4% | 2 | 930€ |
| 344 | Noteexpert03627110 · Podgorica | <0.1% | 47,280€ | +179.2% | 454€ | 1.0% | 1 | 928€ |
| 345 | LMR Consulting Partners02875543 · Podgorica | <0.1% | 47,034€ | +42.2% | 29€ | 0.1% | 1 | 1,928€ |
| 346 | X3 Consulting03523233 · Budva | <0.1% | 47,025€ | -70.2% | 14,446€ | 30.7% | 1 | 760€ |
| 347 | European Ipa Investment Strategy Agency03769020 · Podgorica | <0.1% | 46,984€ | No filing for 2024. | 28,225€ | 60.1% | 1 | 386€ |
| 348 | OKI.ME02859378 | <0.1% | 46,712€ | +17.0% | 1,497€ | 3.2% | 1 | 2,033€ |
| 349 | Schwarzberg Services03617246 · Bar | <0.1% | 46,698€ | -2.6% | 27,117€ | 58.1% | 1 | 1,241€ |
| 350 | Parodont02745437 · Nikšić | <0.1% | 46,663€ | +4.8% | 1,178€ | 2.5% | 3 | 760€ |