Revenue
3.6% of Montenegro's revenue
1,939 companies earned 641.26m€ in 2025, 3.6% of all company revenue in Montenegro. It ranks 8 of 18 sectors by revenue. Revenue has grown 2.2× since 2015.
3.6% of Montenegro's revenue
1,369 with at most one employee
Largest employer: Mtel (559)
Total profit: 121.61m€
Average per employee, not per company
Revenue in € million (bars) and filing companies (below), 2015–2025
| Year | Revenue | Companies |
|---|---|---|
| 2015 | 291,103,596€ | 327 |
| 2016 | 294,357,002€ | 366 |
| 2017 | 318,377,841€ | 427 |
| 2018 | 330,327,585€ | 510 |
| 2019 | 327,716,410€ | 570 |
| 2020 | 317,986,899€ | 678 |
| 2021 | 344,010,078€ | 886 |
| 2022 | 461,575,305€ | 1,491 |
| 2023 | 543,598,360€ | 1,789 |
| 2024 | 573,609,156€ | 1,893 |
| 2025 (Preliminary) | 641,264,304€ | 1,939 |
The number of companies jumped most in 2022: from 886 to 1,491.
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 651–700 of 1,939
* 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 39 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* |
|---|
| 651 | Heilar03384110 · Budva | <0.1% | 30,339€ | -6.7% | -1,835€ | -6.0% | 1 | 2,395€ |
| 652 | Programsio03423034 · Tivat | <0.1% | 30,301€ | -45.1% | 4,427€ | 14.6% | 1 | 1,861€ |
| 653 | Kolodinski03424634 · Bar | <0.1% | 30,161€ | -7.9% | 31€ | 0.1% | 1 | 2,162€ |
| 654 | Summit Tech03307450 · Podgorica | <0.1% | 30,060€ | +399.3% | 17,048€ | 56.7% | 1 | 678€ |
| 655 | Ism International03604209 · Bar | <0.1% | 30,043€ | +111.8% | 8,223€ | 27.4% | 1 | 675€ |
| 656 | Code02746786 · Bar | <0.1% | 30,022€ | +8.3% | -5,011€ | -16.7% | 1 | 393€ |
| 657 | Web Point03408787 · Podgorica | <0.1% | 30,019€ | +89.7% | 3,001€ | 10.0% | 1 | 1,483€ |
| 658 | Cloudstride03565467 · Podgorica | <0.1% | 29,996€ | +1,674.9% | -6,963€ | -23.2% | 2 | 943€ |
| 659 | Konfucije03453723 · Tivat | <0.1% | 29,900€ | +1.4% | 5,996€ | 20.1% | 1 | 1,260€ |
| 660 | Zire02366622 · Podgorica | <0.1% | 29,615€ | +12.5% | 10,434€ | 35.2% | 1 | 337€ |
| 661 | TS Design03048110 · Kotor | <0.1% | 29,607€ | +1.0% | 667€ | 2.3% | 1 | 1,173€ |
| 662 | Studio Zeidler03674991 · Nikšić | <0.1% | 29,402€ | +59.2% | -5,620€ | -19.1% | 1 | 2,609€ |
| 663 | Profitable Online Solutions03610438 · Podgorica | <0.1% | 29,380€ | +180.7% | 13,249€ | 45.1% | 1 | 950€ |
| 664 | Kapaev&K03452018 · Herceg Novi | <0.1% | 29,325€ | -13.8% | 8,697€ | 29.7% | 1 | 1,486€ |
| 665 | Dimilan03359646 · Bar | <0.1% | 29,300€ | +597.6% | 3,512€ | 12.0% | 1 | 2,011€ |
| 666 | Quietly03217728 · Podgorica | <0.1% | 29,287€ | +16.5% | -28,445€ | -97.1% | 2 | 484€ |
| 667 | Mak Sistem02944537 · Podgorica | <0.1% | 29,245€ | +3.7% | 1,067€ | 3.6% | 2 | 841€ |
| 668 | Direktoroff03376338 · Herceg Novi | <0.1% | 29,200€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 17,859€ | 61.2% | 2 | 338€ |
| 669 | CCS Solutions03205843 · Budva | <0.1% | 29,192€ | -26.2% | 13,917€ | 47.7% | 1 | 922€ |
| 670 | Dea Tech03632202 · Nikšić | <0.1% | 29,159€ | -9.9% | 6,279€ | 21.5% | 1 | 1,760€ |
| 671 | Solvit03483452 · Bar | <0.1% | 29,098€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 4,866€ | 16.7% | 1 | 929€ |
| 672 | Ict-Solution4me03334414 · Podgorica | <0.1% | 28,995€ | -25.6% | 966€ | 3.3% | 1 | — |
| 673 | Advertico03500241 · Budva | <0.1% | 28,924€ | -59.0% | -22,968€ | -79.4% | 5 | 815€ |
| 674 | Soft Web03435920 · Budva | <0.1% | 28,864€ | +92.4% | 4,629€ | 16.0% | 1 | 675€ |
| 675 | Mylog Pro03447758 · Tivat | <0.1% | 28,805€ | +962.9% | 7,651€ | 26.6% | 1 | 1,657€ |
| 676 | Tabutask03496317 · Ulcinj | <0.1% | 28,800€ | 0.0% | 6,217€ | 21.6% | 1 | 1,269€ |
| 677 | Comtel02316536 · Podgorica | <0.1% | 28,776€ | -24.8% | -12,399€ | -43.1% | 3 | 500€ |
| 678 | NB Studio03434524 · Tivat | <0.1% | 28,690€ | -27.5% | -16€ | -0.1% | 1 | 2,088€ |
| 679 | Alfa Ideas02889692 · Podgorica | <0.1% | 28,664€ | +113.9% | 5,172€ | 18.0% | 1 | 418€ |
| 680 | Connect Mne03257681 · Berane | <0.1% | 28,646€ | -33.6% | 179€ | 0.6% | 1 | 2,024€ |
| 681 | Radius Tech03697169 · Pljevlja | <0.1% | 28,500€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 1,011€ | 3.5% | 2 | 909€ |
| 682 | Xpert International Support Services03386422 · Bar | <0.1% | 28,500€ | 0.0% | 6,803€ | 23.9% | 1 | 950€ |
| 683 | Montenegro Systems03456951 · Budva | <0.1% | 28,435€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 17,813€ | 62.6% | 1 | 803€ |
| 684 | Atma Bar03362612 · Bar | <0.1% | 28,401€ | -5.0% | -6,552€ | -23.1% | 1 | 991€ |
| 685 | Kletsko Family03417956 · Budva | <0.1% | 28,400€ | +1,320.0% | 11,451€ | 40.3% | 1 | 716€ |
| 686 | Map Computers02684772 · Bar | <0.1% | 28,213€ | +6.3% | -7,463€ | -26.5% | 1 | 1,544€ |
| 687 | Devocode03520773 · Podgorica | <0.1% | 28,133€ | -30.0% | -465€ | -1.7% | 1 | 2,011€ |
| 688 | BBL Connections03346579 · Podgorica | <0.1% | 28,091€ | -6.2% | -3,217€ | -11.5% | 1 | 1,708€ |
| 689 | Novatech03161803 · Podgorica | <0.1% | 27,713€ | -46.5% | -8,885€ | -32.1% | 3 | 662€ |
| 690 | Gaming Centar03255689 · Herceg Novi | <0.1% | 27,679€ | +13.2% | -613€ | -2.2% | 2 | 704€ |
| 691 | Iss Intelligent Software Service03444350 · Herceg Novi | <0.1% | 27,664€ | -61.9% | -11,514€ | -41.6% | 2 | 1,219€ |
| 692 | Proseosite03261395 · Budva | <0.1% | 27,568€ | +52.6% | -2,156€ | -7.8% | 3 | 759€ |
| 693 | Siam03755347 · Podgorica | <0.1% | 27,524€ | No filing for 2024. | 314€ | 1.1% | 1 | 2,119€ |
| 694 | Mgta Internacional03736202 · Bijelo Polje | <0.1% | 27,500€ | No filing for 2024. | 2,137€ | 7.8% | 2 | 985€ |
| 695 | Digitella03337081 · Bar | <0.1% | 27,496€ | +36.7% | -728€ | -2.6% | 2 | 1,113€ |
| 696 | Management and It Security03247694 · Podgorica | <0.1% | 27,430€ | +231.5% | 16,133€ | 58.8% | 1 | 680€ |
| 697 | Polaca03633802 · Podgorica | <0.1% | 27,400€ | +9.6% | -1,818€ | -6.6% | 1 | 2,381€ |
| 698 | JT Consulting03342425 · Berane | <0.1% | 27,362€ | -12.1% | -121€ | -0.4% | 2 | 1,058€ |
| 699 | Daša02945657 · Podgorica | <0.1% | 27,283€ | -20.0% | 1,394€ | 5.1% | 1 | 1,624€ |
| 700 | Trust Soft03653382 · Podgorica | <0.1% | 27,206€ | +214.2% | 4,356€ | 16.0% | 1 | 1,646€ |