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 101–150 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* |
|---|
| 101 | Penta Sistemi03385825 · Podgorica | <0.1% | 552,542€ | +376.6% | 83,105€ | 15.0% | 3 | 1,649€ |
| 102 | Siol02848155 · Podgorica | <0.1% | 544,448€ | +3.2% | 106,963€ | 19.6% | 1 | 956€ |
| 103 | RB Lab03542777 · Budva | <0.1% | 540,984€ | +247.0% | 62,455€ | 11.5% | 1 | 1,963€ |
| 104 | Family and Friends03605647 · Danilovgrad | <0.1% | 540,000€ | +25.0% | 447,254€ | 82.8% | 4 | 947€ |
| 105 | Mbanq03030695 · Podgorica | <0.1% | 538,711€ | +37.8% | 20,938€ | 3.9% | 12 | 2,873€ |
| 106 | Wiregate03425029 · Bar | <0.1% | 536,528€ | +51.3% | 20,403€ | 3.8% | 3 | 976€ |
| 107 | Montepass02882094 · Podgorica | <0.1% | 534,563€ | +14.6% | 303,162€ | 56.7% | 6 | 1,110€ |
| 108 | KBV Datacom03005534 · Podgorica | <0.1% | 522,744€ | +18.0% | 41,829€ | 8.0% | 5 | 1,254€ |
| 109 | Finagate02957418 · Podgorica | <0.1% | 521,095€ | +47.8% | 6,734€ | 1.3% | 6 | 6,676€ |
| 110 | SKY Express Montenegro03301923 · Podgorica | <0.1% | 512,187€ | +22.2% | 69,115€ | 13.5% | 2 | 2,035€ |
| 111 | Be Nice Games03326438 · Herceg Novi | <0.1% | 511,245€ | +87.1% | 38,446€ | 7.5% | 3 | 1,088€ |
| 112 | Eurofast Solutions03496007 · Podgorica | <0.1% | 507,773€ | -28.2% | 22,722€ | 4.5% | 9 | 4,355€ |
| 113 | Plat03653617 · Podgorica | <0.1% | 493,250€ | +75.4% | 40,292€ | 8.2% | 2 | 1,646€ |
| 114 | M i M Production Montenegro03701280 · Podgorica | <0.1% | 480,608€ | +1,101.5% | -9,512€ | -2.0% | 9 | 1,622€ |
| 115 | Typeable03422534 · Podgorica | <0.1% | 473,971€ | -28.0% | 41,945€ | 8.8% | 1 | 927€ |
| 116 | PGS Agency02439565 · Podgorica | <0.1% | 466,404€ | -5.0% | -35,400€ | -7.6% | 5 | 1,604€ |
| 117 | Companywall03240592 · Podgorica | <0.1% | 459,098€ | +34.9% | 221,314€ | 48.2% | 1 | 1,797€ |
| 118 | <0.1% | 452,807€ | -23.7% | 0€ | 0.0% | 9 | 2,064€ | |
| 119 | Swooky03318737 · Tivat | <0.1% | 452,122€ | -43.3% | 326,967€ | 72.3% | 1 | 767€ |
| 120 | NTS Int02772868 · Podgorica | <0.1% | 448,891€ | +19.0% | 128,040€ | 28.5% | 3 | 2,243€ |
| 121 | Creative Tech03681491 · Budva | <0.1% | 448,865€ | +454.2% | 87,541€ | 19.5% | 32 | 738€ |
| 122 | Software Products03433234 · Podgorica | <0.1% | 447,800€ | +220.3% | 47,526€ | 10.6% | 1 | 678€ |
| 123 | Strategist03235629 · Podgorica | <0.1% | 442,757€ | +171.3% | 88,018€ | 19.9% | 3 | 3,473€ |
| 124 | Adnet703043789 · Budva | <0.1% | 441,586€ | -27.8% | -27,669€ | -6.3% | 3 | 692€ |
| 125 | Smart Tech02299798 · Podgorica | <0.1% | 436,133€ | +8.7% | 152,739€ | 35.0% | 10 | 1,746€ |
| 126 | Fuelme Security03516431 · Berane | <0.1% | 434,163€ | +16.9% | 3,682€ | 0.8% | 9 | 3,746€ |
| 127 | MT Computers03425487 · Podgorica | <0.1% | 427,952€ | +24.7% | 31,217€ | 7.3% | 3 | 1,995€ |
| 128 | Pravni Ekspert02982889 · Podgorica | <0.1% | 424,617€ | +17.3% | 25,093€ | 5.9% | 14 | 1,869€ |
| 129 | Digital Control03084434 · Podgorica | <0.1% | 420,863€ | +4.6% | 5,990€ | 1.4% | 13 | 1,829€ |
| 130 | Bixbit03209296 · Bijelo Polje | <0.1% | 417,309€ | +35.5% | 26,375€ | 6.3% | 15 | 1,625€ |
| 131 | Mig CG03362787 · Berane | <0.1% | 412,750€ | -25.1% | -8,131€ | -2.0% | 33 | 813€ |
| 132 | Sourseo03641619 · Žabljak | <0.1% | 409,544€ | +125.4% | 223,146€ | 54.5% | 2 | 778€ |
| 133 | Prime Zone03104478 · Podgorica | <0.1% | 404,113€ | +41.1% | 3,759€ | 0.9% | 5 | 1,971€ |
| 134 | Tekport03373207 · Podgorica | <0.1% | 401,512€ | +56.8% | 23,575€ | 5.9% | 2 | 871€ |
| 135 | Liraland03242927 · Podgorica | <0.1% | 398,625€ | -30.2% | 69,883€ | 17.5% | 1 | 2,265€ |
| 136 | Five Sigma03532313 · Tivat | <0.1% | 396,528€ | -24.6% | 10,876€ | 2.7% | 1 | 927€ |
| 137 | Web Studio Ads03380670 · Podgorica | <0.1% | 395,465€ | +2.6% | 191,788€ | 48.5% | 2 | 997€ |
| 138 | Ollie Tech03554759 · Podgorica | <0.1% | 393,816€ | +9.0% | 70,195€ | 17.8% | 5 | 3,471€ |
| 139 | Increment Tech03224066 · Nikšić | <0.1% | 391,648€ | +23.1% | 47,336€ | 12.1% | 12 | 2,180€ |
| 140 | Teamwork03292894 · Nikšić | <0.1% | 391,368€ | +67.7% | 25,685€ | 6.6% | 3 | 866€ |
| 141 | Trid Tech03380661 · Podgorica | <0.1% | 386,763€ | +19.4% | 7,720€ | 2.0% | 5 | 1,924€ |
| 142 | Epsilon02077060 · Podgorica | <0.1% | 386,185€ | +4.9% | 261,790€ | 67.8% | 2 | 1,930€ |
| 143 | Nofuss03156435 · Herceg Novi | <0.1% | 381,781€ | -21.8% | 60,529€ | 15.9% | 2 | 3,519€ |
| 144 | Simple MM03274233 · Bijelo Polje | <0.1% | 373,312€ | -63.8% | -117,990€ | -31.6% | 8 | 1,784€ |
| 145 | Ninamedia Kliping03257061 · Podgorica | <0.1% | 367,514€ | -3.9% | 14,877€ | 4.0% | 14 | 1,424€ |
| 146 | Positive Solutions LTD03612520 · Budva | <0.1% | 363,080€ | +13.5% | -33,530€ | -9.2% | 35 | 815€ |
| 147 | L-Nets03258009 · Podgorica | <0.1% | 361,747€ | +22.6% | -31,000€ | -8.6% | 5 | 3,210€ |
| 148 | Codepixel03200116 · Podgorica | <0.1% | 358,940€ | -16.8% | -21,392€ | -6.0% | 15 | 1,561€ |
| 149 | Silver Consult03445461 · Podgorica | <0.1% | 358,916€ | +4,423.8% | 5,242€ | 1.5% | 1 | 1,249€ |
| 150 | It Services02876469 · Podgorica | <0.1% | 357,967€ | +4.4% | 14,009€ | 3.9% | 1 | 704€ |