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 1051–1100 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* |
|---|
| 1051 | Liskdev03042189 · Bar | <0.1% | 7,894€ | -4.0% | -1,855€ | -23.5% | 1 | 678€ |
| 1052 | Simes Net03264289 · Podgorica | <0.1% | 7,827€ | +78.2% | -7,835€ | -100.1% | 1 | 395€ |
| 1053 | Gudsoft03423018 · Herceg Novi | <0.1% | 7,825€ | -8.6% | -2,509€ | -32.1% | 1 | 675€ |
| 1054 | Ebar Software03358798 · Herceg Novi | <0.1% | 7,777€ | +65.8% | 4,177€ | 53.7% | 1 | — |
| 1055 | Exsol03411494 · Herceg Novi | <0.1% | 7,754€ | +485.2% | -2,267€ | -29.2% | 1 | 677€ |
| 1056 | Ittara Solutions03326616 · Podgorica | <0.1% | 7,750€ | +27.7% | -1,585€ | -20.5% | 1 | 677€ |
| 1057 | Sa Zone Dev03650243 · Budva | <0.1% | 7,730€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -1,698€ | -22.0% | 1 | 678€ |
| 1058 | Stridepeak03536491 · Podgorica | <0.1% | 7,700€ | +126.5% | 2,958€ | 38.4% | 1 | — |
| 1059 | Cosmix Media and Production Services03530264 · Podgorica | <0.1% | 7,645€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,837€ | -37.1% | 1 | 675€ |
| 1060 | Exit Consulting03723453 · Podgorica | <0.1% | 7,630€ | No filing for 2024. | 25€ | 0.3% | 1 | 490€ |
| 1061 | LJS Services03419231 · Budva | <0.1% | 7,600€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -19,071€ | -250.9% | 1 | 1,586€ |
| 1062 | People First03455165 · Herceg Novi | <0.1% | 7,435€ | -44.7% | -763€ | -10.3% | 1 | 675€ |
| 1063 | Net-Defense03401090 · Podgorica | <0.1% | 7,417€ | -41.5% | -6,447€ | -86.9% | 1 | 622€ |
| 1064 | See It Montenegro03794733 · Podgorica | <0.1% | 7,300€ | No filing for 2024. | 629€ | 8.6% | 1 | 549€ |
| 1065 | Qa Services03425363 · Budva | <0.1% | 7,250€ | +52.6% | -1,091€ | -15.0% | 1 | 677€ |
| 1066 | Makondo02772299 · Tivat | <0.1% | 7,240€ | -46.7% | -18,066€ | -249.5% | 2 | 740€ |
| 1067 | Najnovije03546799 · Berane | <0.1% | 7,200€ | +1.4% | -371€ | -5.2% | 1 | 504€ |
| 1068 | Poslovni Sistemi03349691 · Podgorica | <0.1% | 7,120€ | +136.5% | 1,003€ | 14.1% | 1 | 377€ |
| 1069 | Goplant.Me03401715 · Podgorica | <0.1% | 7,063€ | +103.3% | 543€ | 7.7% | 2 | — |
| 1070 | Bytenet03734978 · Podgorica | <0.1% | 7,063€ | No filing for 2024. | 2,963€ | 42.0% | 1 | — |
| 1071 | Institute For Innovative Informatics03456544 · Podgorica | <0.1% | 7,062€ | -7.7% | -2,235€ | -31.6% | 1 | 379€ |
| 1072 | 4 Id Solutions03415384 · Budva | <0.1% | 7,000€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,225€ | -31.8% | 1 | 677€ |
| 1073 | Blue Papaya03734323 · Podgorica | <0.1% | 7,000€ | No filing for 2024. | 2,753€ | 39.3% | 1 | 320€ |
| 1074 | Synthesis of Intelligent Systems03433412 · Budva | <0.1% | 7,000€ | -94.4% | -9,750€ | -139.3% | 1 | 810€ |
| 1075 | Senatus03767426 · Bijelo Polje | <0.1% | 7,000€ | No filing for 2024. | -441€ | -6.3% | 1 | 581€ |
| 1076 | Ge Megatech03468356 · Budva | <0.1% | 6,983€ | -57.7% | -5,036€ | -72.1% | 1 | 928€ |
| 1077 | Zarion Tech03805824 · Podgorica | <0.1% | 6,978€ | No filing for 2024. | 4,179€ | 59.9% | 0 | — |
| 1078 | Smart Solutions03107400 · Tivat | <0.1% | 6,920€ | +87.0% | -2,538€ | -36.7% | 1 | 675€ |
| 1079 | Da Software and Solutions LTD03701921 · Podgorica | <0.1% | 6,805€ | No filing for 2024. | -3,739€ | -54.9% | 1 | 597€ |
| 1080 | Kira Romashkina03254275 · Herceg Novi | <0.1% | 6,790€ | +105.8% | -10,433€ | -153.7% | 2 | 677€ |
| 1081 | Min03419878 · Budva | <0.1% | 6,755€ | +335.8% | -2,577€ | -38.1% | 1 | 677€ |
| 1082 | Lemon Mne03732819 · Budva | <0.1% | 6,693€ | No filing for 2024. | 0€ | 0.0% | 1 | 499€ |
| 1083 | Foxyway03506886 · Budva | <0.1% | 6,650€ | +15.6% | -6,681€ | -100.5% | 2 | 546€ |
| 1084 | Batuich Design Studio03716805 · Budva | <0.1% | 6,640€ | No filing for 2024. | -2,180€ | -32.8% | 1 | 634€ |
| 1085 | Lucky Lambda03490742 · Podgorica | <0.1% | 6,618€ | +16,445.0% | -3,445€ | -52.1% | 1 | 679€ |
| 1086 | Verdig Ic03684890 · Nikšić | <0.1% | 6,600€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 3,493€ | 52.9% | 1 | — |
| 1087 | Eloray03594203 · Bar | <0.1% | 6,580€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -6,485€ | -98.6% | 2 | 544€ |
| 1088 | Brick BY Brick Studio03632644 · Bar | <0.1% | 6,525€ | +366.1% | -1,688€ | -25.9% | 1 | 675€ |
| 1089 | Harmony Systems03710793 · Budva | <0.1% | 6,514€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -3,122€ | -47.9% | 1 | 678€ |
| 1090 | Panama DC03772713 · Bar | <0.1% | 6,500€ | No filing for 2024. | 179€ | 2.8% | 2 | — |
| 1091 | Lubas03504646 · Podgorica | <0.1% | 6,490€ | +827.1% | -2,959€ | -45.6% | 1 | 678€ |
| 1092 | Ystel03430995 · Tivat | <0.1% | 6,425€ | -59.7% | -5,519€ | -85.9% | 1 | 696€ |
| 1093 | K&Mriya03426165 · Herceg Novi | <0.1% | 6,400€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,908€ | -45.4% | 1 | 678€ |
| 1094 | Intrepid03646807 · Budva | <0.1% | 6,300€ | -77.1% | 1,359€ | 21.6% | 1 | 339€ |
| 1095 | Umbrella - Hive - It03526801 · Budva | <0.1% | 6,300€ | -78.4% | -28,471€ | -451.9% | 2 | 803€ |
| 1096 | Game Death03528707 · Podgorica | <0.1% | 6,146€ | -19.1% | -9,549€ | -155.4% | 2 | — |
| 1097 | Orangecat03500039 · Budva | <0.1% | 6,086€ | +565.1% | -3,590€ | -59.0% | 1 | 675€ |
| 1098 | Riv Case03551849 · Bar | <0.1% | 6,061€ | -74.7% | -6,136€ | -101.2% | 1 | 895€ |
| 1099 | Orion BV 3703266745 · Podgorica | <0.1% | 6,045€ | -77.2% | -1,185€ | -19.6% | 1 | 597€ |
| 1100 | DCNGZ03231607 · Budva | <0.1% | 6,000€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -7,233€ | -120.6% | 1 | 928€ |