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 701–750 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* |
|---|
| 701 | Infotrust03763358 · Danilovgrad | <0.1% | 27,119€ | No filing for 2024. | 8,585€ | 31.7% | 1 | 1,074€ |
| 702 | Crew-Pages03341283 · Tivat | <0.1% | 27,102€ | +160.8% | 1,253€ | 4.6% | 1 | 803€ |
| 703 | Kodkom03277798 · Podgorica | <0.1% | 27,021€ | -62.9% | 10,086€ | 37.3% | 1 | 576€ |
| 704 | Chasing Summer03436659 · Podgorica | <0.1% | 27,000€ | -54.8% | -59€ | -0.2% | 2 | 680€ |
| 705 | Prčanjska Strana03455262 · Kotor | <0.1% | 27,000€ | +435.7% | 12,938€ | 47.9% | 1 | 982€ |
| 706 | Dsa Expert03430596 · Budva | <0.1% | 26,962€ | +390.9% | 2,962€ | 11.0% | 1 | 926€ |
| 707 | Wtme03413578 · Budva | <0.1% | 26,704€ | +39.2% | 1,869€ | 7.0% | 2 | 686€ |
| 708 | Rula02682052 · Bar | <0.1% | 26,700€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 18,067€ | 67.7% | 1 | 678€ |
| 709 | Nova Zvezda03399036 · Herceg Novi | <0.1% | 26,595€ | +5.5% | 1,979€ | 7.4% | 1 | 1,186€ |
| 710 | Nomad House03510450 · Podgorica | <0.1% | 26,580€ | +1,401.7% | 16,758€ | 63.0% | 1 | 678€ |
| 711 | Sigmanet03459047 · Herceg Novi | <0.1% | 26,507€ | +9.8% | 11,189€ | 42.2% | 1 | 927€ |
| 712 | Bambara Tech03500012 · Podgorica | <0.1% | 26,430€ | +81.3% | -5,353€ | -20.3% | 2 | 933€ |
| 713 | Delvy03458440 · Budva | <0.1% | 26,000€ | +33.3% | 3,984€ | 15.3% | 2 | 863€ |
| 714 | Finch Fam Tech03476006 · Bar | <0.1% | 26,000€ | +136.4% | 4,698€ | 18.1% | 1 | 926€ |
| 715 | Pafera Technologies03597059 · Podgorica | <0.1% | 25,918€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 3,388€ | 13.1% | 1 | 1,063€ |
| 716 | Adria Technology Solutions03626024 · Herceg Novi | <0.1% | 25,917€ | -12.7% | 5,085€ | 19.6% | 1 | 1,033€ |
| 717 | Prava Tema03450597 · Bar | <0.1% | 25,853€ | +193.5% | 7,430€ | 28.7% | 1 | 937€ |
| 718 | Pure Solutions03390705 · Herceg Novi | <0.1% | 25,850€ | -21.7% | 1,290€ | 5.0% | 2 | 929€ |
| 719 | Smart Bit03699684 · Podgorica | <0.1% | 25,830€ | No filing for 2024. | 20,293€ | 78.6% | 1 | 461€ |
| 720 | Vip Digital03322025 · Podgorica | <0.1% | 25,556€ | +18.1% | 216€ | 0.8% | 1 | 1,530€ |
| 721 | Share Montenegro03277631 · Bar | <0.1% | 25,550€ | +23.4% | 2,894€ | 11.3% | 1 | 1,554€ |
| 722 | Katr - Adriatic03273300 · Kotor | <0.1% | 25,541€ | -24.1% | 6,794€ | 26.6% | 1 | 731€ |
| 723 | Sindikat Digital03608247 · Podgorica | <0.1% | 25,041€ | +314.6% | 5,343€ | 21.3% | 1 | 1,332€ |
| 724 | K Mobile Solutions03717232 · Budva | <0.1% | 25,030€ | No filing for 2024. | 7,235€ | 28.9% | 1 | 846€ |
| 725 | Iti Me03426602 · Herceg Novi | <0.1% | 25,007€ | -48.7% | -6,877€ | -27.5% | 1 | 2,315€ |
| 726 | Pinecode03578917 · Podgorica | <0.1% | 24,998€ | -60.8% | -6,152€ | -24.6% | 1 | 940€ |
| 727 | Damad03604683 · Rožaje | <0.1% | 24,986€ | +1.5% | -20,719€ | -82.9% | 2 | 1,902€ |
| 728 | Alvutech03783154 · Podgorica | <0.1% | 24,788€ | No filing for 2024. | 11,585€ | 46.7% | 0 | — |
| 729 | We Contact03437558 · Bar | <0.1% | 24,707€ | +33.6% | -1,139€ | -4.6% | 1 | 1,996€ |
| 730 | Korund03017079 · Budva | <0.1% | 24,640€ | +13.3% | 915€ | 3.7% | 1 | 1,934€ |
| 731 | Trading Buddy03652220 · Tivat | <0.1% | 24,593€ | +278.4% | -4,880€ | -19.8% | 1 | 1,428€ |
| 732 | Aragorn03333841 · Nikšić | <0.1% | 24,491€ | -35.9% | 136€ | 0.6% | 3 | 555€ |
| 733 | Itsystem02946688 · Bar | <0.1% | 24,310€ | -14.0% | 9,770€ | 40.2% | 1 | 314€ |
| 734 | Leto Beskonechno03374505 · Herceg Novi | <0.1% | 24,300€ | +58.8% | -1,567€ | -6.4% | 3 | 679€ |
| 735 | Brusnika Monte03439933 · Herceg Novi | <0.1% | 24,100€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -1,449€ | -6.0% | 1 | 2,028€ |
| 736 | Ant Monte03612511 · Podgorica | <0.1% | 24,000€ | +300.0% | 3,306€ | 13.8% | 2 | 746€ |
| 737 | Neting03395740 · Nikšić | <0.1% | 23,976€ | +30.8% | 1,621€ | 6.8% | 1 | 907€ |
| 738 | Aspirano03109569 · Podgorica | <0.1% | 23,882€ | +65.3% | -15,279€ | -64.0% | 2 | 869€ |
| 739 | Alloy Software03435318 · Herceg Novi | <0.1% | 23,744€ | +8.5% | 1,947€ | 8.2% | 1 | 1,417€ |
| 740 | Imonte Group03371271 · Kolašin | <0.1% | 23,628€ | -10.5% | -6,026€ | -25.5% | 3 | 757€ |
| 741 | Codelab03284514 · Podgorica | <0.1% | 23,580€ | -71.5% | -23,379€ | -99.1% | 3 | 997€ |
| 742 | Monte United Design03707725 · Herceg Novi | <0.1% | 23,573€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 13,342€ | 56.6% | 1 | 675€ |
| 743 | GLS03394603 · Tivat | <0.1% | 23,245€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 843€ | 3.6% | 1 | 2,074€ |
| 744 | Prioritet Technology03510743 · Podgorica | <0.1% | 22,974€ | +39.3% | 4,345€ | 18.9% | 1 | 1,500€ |
| 745 | Barkraft03362159 · Podgorica | <0.1% | 22,816€ | +715.7% | 10,744€ | 47.1% | 1 | 791€ |
| 746 | Hub 4 Data03759822 · Nikšić | <0.1% | 22,711€ | No filing for 2024. | 80€ | 0.4% | 0 | — |
| 747 | Studio Fler03474526 · Podgorica | <0.1% | 22,645€ | +76.2% | 302€ | 1.3% | 2 | 629€ |
| 748 | Ugosti.Me03748553 · Bar | <0.1% | 22,544€ | No filing for 2024. | 92€ | 0.4% | 1 | 325€ |
| 749 | Abakusweb03302652 · Podgorica | <0.1% | 22,504€ | -28.8% | 78€ | 0.3% | 1 | 1,017€ |
| 750 | Logopedmeta03547949 · Herceg Novi | <0.1% | 22,400€ | -51.6% | 5,696€ | 25.4% | 1 | 990€ |