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 1351–1400 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* |
|---|
| 1351 | A-Com It Mne03760537 · Podgorica | 0.0% | 0€ | No filing for 2024. | -7,354€ | — | 1 | 545€ |
| 1352 | Adrix03773345 · Podgorica | 0.0% | 0€ | No filing for 2024. | -2,937€ | — | 1 | — |
| 1353 | Aitechnologies03406113 · Budva | 0.0% | 0€ | -100.0% | -12,100€ | — | 1 | 916€ |
| 1354 | Akvola Bean03529568 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,307€ | — | 1 | 677€ |
| 1355 | Alex Development03713563 | 0.0% | 0€ | No filing for 2024. | -2,746€ | — | 1 | — |
| 1356 | Alga Mne03450066 · Tivat | 0.0% | 0€ | -100.0% | 0€ | — | — | — |
| 1357 | Algorithm Me03508803 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,123€ | — | 1 | 677€ |
| 1358 | Allright03505847 · Budva | 0.0% | 0€ | -100.0% | -8,191€ | — | 1 | 678€ |
| 1359 | Alpha Systems03417522 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -13,018€ | — | 1 | 916€ |
| 1360 | Alsmi03688283 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,320€ | — | 1 | 676€ |
| 1361 | Amalgamait03433927 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,263€ | — | 1 | 678€ |
| 1362 | Apex Solutions03790118 · Podgorica | 0.0% | 0€ | No filing for 2024. | -1,701€ | — | 1 | — |
| 1363 | Apotekamo Ab03502376 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -1,741€ | — | 1 | — |
| 1364 | Aquila Solutions03482294 · Budva | 0.0% | 0€ | -100.0% | -7,534€ | — | 1 | 619€ |
| 1365 | Art Tech Monte03658783 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,127€ | — | 1 | 677€ |
| 1366 | Aworld Software Co03774317 · Podgorica | 0.0% | 0€ | No filing for 2024. | -5,399€ | — | 1 | 468€ |
| 1367 | Balkan Travel MK03650430 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,890€ | — | 1 | 670€ |
| 1368 | Barleysoft LTD03775909 · Podgorica | 0.0% | 0€ | No filing for 2024. | -2,299€ | — | 1 | — |
| 1369 | Bassilichi Cee02976544 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -10,358€ | — | 1 | 688€ |
| 1370 | Bearer Capital03761037 · Tivat | 0.0% | 0€ | No filing for 2024. | -1,534€ | — | 1 | — |
| 1371 | Beatitudinem Company03264041 · Herceg Novi | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,035€ | — | 1 | — |
| 1372 | Berkdem03710092 · Budva | 0.0% | 0€ | No filing for 2024. | -6,712€ | — | 1 | 557€ |
| 1373 | Beyond92503709345 · Tivat | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,845€ | — | 1 | 636€ |
| 1374 | Biznisoft Montenegro03652645 · Bar | 0.0% | 0€ | -100.0% | -1,321€ | — | 1 | — |
| 1375 | Black White Technology, Consultancy and Deffence Industry03400255 · Podgorica | 0.0% | 0€ | No filing for 2024. | -11,139€ | — | 2 | 461€ |
| 1376 | BMR Information Technologies03452573 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -15,469€ | — | 1 | 675€ |
| 1377 | Book A Boat03674576 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,325€ | — | 1 | — |
| 1378 | Booker Group Mne03759431 · Podgorica | 0.0% | 0€ | No filing for 2024. | -3,655€ | — | 1 | — |
| 1379 | Brighton Beach03394808 · Herceg Novi | 0.0% | 0€ | -100.0% | -13,931€ | — | 1 | 1,128€ |
| 1380 | Brodosli03474461 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,191€ | — | 1 | 678€ |
| 1381 | BT Montenegro02662035 · Podgorica | 0.0% | 0€ | -100.0% | 0€ | — | — | — |
| 1382 | Budget It03065375 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,047€ | — | 1 | 671€ |
| 1383 | Cataclysm Capital03688968 | 0.0% | 0€ | -100.0% | 0€ | — | — | — |
| 1384 | CC-C Sofrtver03571530 · Cetinje | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -7,996€ | — | 1 | 663€ |
| 1385 | Ceps Teknoloji03606210 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,364€ | — | 1 | 675€ |
| 1386 | Ciles03582639 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,691€ | — | 1 | 678€ |
| 1387 | Cloudria03420736 · Bar | 0.0% | 0€ | -100.0% | 0€ | — | — | — |
| 1388 | Codeforges03037584 · Bar | 0.0% | 0€ | -100.0% | 0€ | — | — | — |
| 1389 | Code Plus03544729 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,208€ | — | 1 | 678€ |
| 1390 | Collibrix03571114 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,183€ | — | 1 | 678€ |
| 1391 | Coolibah Tree Developments03722414 · Tivat | 0.0% | 0€ | No filing for 2024. | -1,996€ | — | 0 | — |
| 1392 | Crab Labaratory03513599 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,211€ | — | 1 | 926€ |
| 1393 | Creative Brains03384837 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,168€ | — | 1 | 678€ |
| 1394 | Crystal Castles03513530 · Tivat | 0.0% | 0€ | -100.0% | -10,261€ | — | 2 | 424€ |
| 1395 | CSC Consultants Pte03734676 · Tivat | 0.0% | 0€ | No filing for 2024. | -14,093€ | — | 3 | 391€ |
| 1396 | Cultech Solutions03677354 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,871€ | — | 1 | 922€ |
| 1397 | Cyber Cat03651657 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,381€ | — | 1 | 675€ |
| 1398 | Cyberfort03692337 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,159€ | — | 1 | — |
| 1399 | D&A Codecraft03479854 · Tivat | 0.0% | 0€ | -100.0% | -14,392€ | — | 1 | 930€ |
| 1400 | Daily Trade Consulting03236455 · Herceg Novi | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,089€ | — | 1 | — |