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 1251–1300 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* |
|---|
| 1251 | Maybe Games03574563 · Tivat | <0.1% | 1,500€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -16,512€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 1,350€ |
| 1252 | CTS-CG03763501 · Nikšić | <0.1% | 1,500€ | No filing for 2024. | 574€ | 38.3% | 1 | — |
| 1253 | Kemnova03447324 · Budva | <0.1% | 1,500€ | +114.3% | -9,151€ | -610.1% | 1 | 789€ |
| 1254 | Montenesoft03059197 · Podgorica | <0.1% | 1,500€ | +114.3% | -6,240€ | -416.0% | 1 | 600€ |
| 1255 | Serene Nightingale03578755 · Ulcinj | <0.1% | 1,500€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -7,096€ | -473.1% | 1 | 678€ |
| 1256 | One Two Games03523691 · Bar | <0.1% | 1,495€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -6,720€ | -449.5% | 1 | 677€ |
| 1257 | Pros MN03439330 · Cetinje | <0.1% | 1,490€ | -23.6% | -2,216€ | -148.7% | 1 | — |
| 1258 | Single Saga03636593 · Podgorica | <0.1% | 1,487€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,373€ | -563.1% | 1 | 678€ |
| 1259 | Highfive Animation03550362 · Bar | <0.1% | 1,480€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -6,825€ | -461.1% | 1 | 677€ |
| 1260 | Litzor03728277 · Budva | <0.1% | 1,446€ | No filing for 2024. | -9,731€ | -673.0% | 1 | 563€ |
| 1261 | Teocom03357023 · Podgorica | <0.1% | 1,436€ | -93.6% | -12,718€ | -885.7% | 1 | — |
| 1262 | Damri03547108 · Kotor | <0.1% | 1,427€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -6,839€ | -479.3% | 1 | 674€ |
| 1263 | Evabase03441300 · Herceg Novi | <0.1% | 1,400€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -7,754€ | -553.9% | 1 | 677€ |
| 1264 | Inform-Technology03601277 · Budva | <0.1% | 1,400€ | +62.8% | -6,821€ | -487.2% | 1 | 677€ |
| 1265 | Bustus03689913 · Podgorica | <0.1% | 1,380€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -187€ | -13.6% | 1 | — |
| 1266 | Upgrade03516881 · Budva | <0.1% | 1,370€ | -33.3% | -9,977€ | -728.2% | 1 | 922€ |
| 1267 | Koding Robots02823900 · Bar | <0.1% | 1,321€ | +19.8% | -7,088€ | -536.6% | 1 | 678€ |
| 1268 | Opossum03431061 · Herceg Novi | <0.1% | 1,287€ | -32.8% | -8,646€ | -671.8% | 1 | 678€ |
| 1269 | Belavista Art03094138 · Herceg Novi | <0.1% | 1,269€ | -57.2% | -3,451€ | -271.9% | 1 | 338€ |
| 1270 | Realting03417018 · Budva | <0.1% | 1,250€ | -96.0% | -8,442€ | -675.4% | 1 | 676€ |
| 1271 | It Klinika03757749 · Pljevlja | <0.1% | 1,222€ | No filing for 2024. | -3,402€ | -278.4% | 2 | — |
| 1272 | Antares Soft03778126 · Budva | <0.1% | 1,200€ | No filing for 2024. | -2,335€ | -194.6% | 1 | — |
| 1273 | Brainick03472639 · Budva | <0.1% | 1,200€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -7,027€ | -585.6% | 1 | 674€ |
| 1274 | Eaera Montenegro03275426 · Podgorica | <0.1% | 1,200€ | 0.0% | -49,942€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 2 | 656€ |
| 1275 | Satelit Consulting03425436 · Budva | <0.1% | 1,188€ | -49.5% | -1,495€ | -125.8% | 1 | — |
| 1276 | Nirvana Tech03613887 · Podgorica | <0.1% | 1,100€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -15,323€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 2 | 627€ |
| 1277 | Beetsoft Balkan03649628 · Kotor | <0.1% | 1,014€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -10,259€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 923€ |
| 1278 | Neuromomentum03739643 · Bar | <0.1% | 1,000€ | No filing for 2024. | -7,060€ | -706.0% | 1 | 670€ |
| 1279 | Swamp Buds03470008 · Budva | <0.1% | 1,000€ | -95.4% | -12,733€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 1,060€ |
| 1280 | Time Ed03282414 · Podgorica | <0.1% | 1,000€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,691€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 1,013€ |
| 1281 | U-May03534375 · Podgorica | <0.1% | 1,000€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -7,510€ | -751.0% | 1 | 675€ |
| 1282 | Wild River FX03677087 · Kotor | <0.1% | 975€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,411€ | -862.7% | 1 | 670€ |
| 1283 | CMC Agency03375196 · Budva | <0.1% | 960€ | -85.0% | -7,320€ | -762.5% | 1 | 676€ |
| 1284 | Kernel02908638 · Podgorica | <0.1% | 915€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -10,182€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 682€ |
| 1285 | Platinum Listing03200370 · Podgorica | <0.1% | 900€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -3,319€ | -368.8% | 1 | 339€ |
| 1286 | Kulbakov03443221 · Bar | <0.1% | 900€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,290€ | -921.1% | 1 | 678€ |
| 1287 | Najtel02346494 · Podgorica | <0.1% | 891€ | -78.4% | -8,958€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 676€ |
| 1288 | Batel02337355 · Podgorica | <0.1% | 870€ | -84.6% | -8,423€ | -968.2% | 1 | 674€ |
| 1289 | Quark03634892 · Podgorica | <0.1% | 858€ | +22.6% | -532€ | -62.0% | 1 | — |
| 1290 | Konfidi03391493 · Podgorica | <0.1% | 833€ | -57.3% | -2,283€ | -274.1% | 1 | — |
| 1291 | Reazy03671437 · Nikšić | <0.1% | 832€ | -64.4% | -4,350€ | -522.8% | 1 | 394€ |
| 1292 | Tamiki03420124 · Budva | <0.1% | 800€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,113€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 926€ |
| 1293 | Erpis Software03261522 · Budva | <0.1% | 750€ | +642.6% | -11,742€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 928€ |
| 1294 | Velika Data03330249 · Herceg Novi | <0.1% | 747€ | +654.5% | -7,473€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 677€ |
| 1295 | Gitbyte03347443 · Podgorica | <0.1% | 700€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -7,528€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 675€ |
| 1296 | Operteh Company02982188 · Bar | <0.1% | 639€ | -90.8% | -3,456€ | -540.8% | 2 | — |
| 1297 | Psyhelp03367525 · Herceg Novi | <0.1% | 560€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -12,920€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 2 | 541€ |
| 1298 | Computing Technologies03495965 · Kotor | <0.1% | 547€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -10,641€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 926€ |
| 1299 | Elistratovanton03507726 · Kotor | <0.1% | 539€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -10,665€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 926€ |
| 1300 | CBP Solutions03302113 · Cetinje | <0.1% | 500€ | No filing for 2024. | -1,587€ | -317.4% | 1 | — |