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 1451–1500 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* |
|---|
| 1451 | Blitz Art03446638 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,774€ | — | 1 | 677€ |
| 1452 | Boa Corporation03727904 · Podgorica | 0.0% | 0€ | No filing for 2024. | -6,277€ | — | 1 | 523€ |
| 1453 | Bono Computer03203115 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,117€ | — | 1 | 676€ |
| 1454 | Borges03440079 · Herceg Novi | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,729€ | — | 1 | — |
| 1455 | Bosaro03557740 · Herceg Novi | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -12,269€ | — | 1 | 1,019€ |
| 1456 | Bosiljak Trade03254461 · Herceg Novi | 0.0% | 0€ | -100.0% | 0€ | — | — | — |
| 1457 | Breshinas03468941 · Bar | 0.0% | 0€ | -100.0% | -8,137€ | — | 1 | 677€ |
| 1458 | Brise Technologies03579760 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -13,728€ | — | 1 | 680€ |
| 1459 | Bucketora03701859 · Podgorica | 0.0% | 0€ | -100.0% | 0€ | — | — | — |
| 1460 | Bural Group03668169 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,808€ | — | 1 | 670€ |
| 1461 | Cav 22 It03515877 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,966€ | — | 1 | 926€ |
| 1462 | Citadel Project03806057 · Podgorica | 0.0% | 0€ | No filing for 2024. | -734€ | — | 1 | — |
| 1463 | Cloud Walker03543170 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,784€ | — | 1 | — |
| 1464 | Coopene Company03522253 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,262€ | — | 1 | 675€ |
| 1465 | Cortexlab03592707 · Podgorica | 0.0% | 0€ | -100.0% | -10,001€ | — | 1 | 819€ |
| 1466 | Corvus03205851 · Budva | 0.0% | 0€ | -100.0% | -12,893€ | — | 1 | 922€ |
| 1467 | C Pulse03683885 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,883€ | — | 1 | — |
| 1468 | Creactivity03514013 · Kotor | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -1,526€ | — | 1 | — |
| 1469 | Crewport03751872 · Plužine | 0.0% | 0€ | No filing for 2024. | -1,595€ | — | 1 | — |
| 1470 | Cuculus Fuga03502414 · Tivat | 0.0% | 0€ | -100.0% | -12,682€ | — | 1 | 926€ |
| 1471 | Customer Success Montenegro03460304 | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -1,016€ | — | 1 | — |
| 1472 | Cyberpug Development03705692 · Tivat | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,179€ | — | 1 | 927€ |
| 1473 | Cyber Solutions03579182 · Podgorica | 0.0% | 0€ | -100.0% | -11,501€ | — | 1 | 925€ |
| 1474 | Darklake Digital Solutions03555348 · Podgorica | 0.0% | 0€ | -100.0% | 0€ | — | — | — |
| 1475 | Darlingtonium03438171 · Herceg Novi | 0.0% | 0€ | -100.0% | -10,207€ | — | 1 | 677€ |
| 1476 | Datadata03803902 · Herceg Novi | 0.0% | 0€ | No filing for 2024. | -383€ | — | 1 | — |
| 1477 | Data Mne Technologies03800270 · Budva | 0.0% | 0€ | No filing for 2024. | -678€ | — | 1 | — |
| 1478 | Datasphere03615324 · Herceg Novi | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,771€ | — | 2 | 402€ |
| 1479 | Data Technologies03564045 · Tivat | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -23,143€ | — | 2 | 805€ |
| 1480 | D&D Connect Group03525066 · Podgorica | 0.0% | 0€ | -100.0% | 0€ | — | — | — |
| 1481 | DDD Baas03800806 · Podgorica | 0.0% | 0€ | No filing for 2024. | -1,125€ | — | 1 | — |
| 1482 | Deepers Media03623998 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -246€ | — | 1 | — |
| 1483 | Deniz Consulting03573397 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,875€ | — | 1 | 680€ |
| 1484 | Denmont02620286 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,283€ | — | 1 | — |
| 1485 | Dep03466272 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -26,917€ | — | 3 | 746€ |
| 1486 | Dia Soft03710823 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -7,029€ | — | 1 | 586€ |
| 1487 | Diger7403781097 · Budva | 0.0% | 0€ | No filing for 2024. | -3,644€ | — | 1 | — |
| 1488 | Digigrow03471594 · Podgorica | 0.0% | 0€ | -100.0% | -21,715€ | — | 2 | 856€ |
| 1489 | Digital Assistant03076547 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,169€ | — | 1 | 670€ |
| 1490 | Digital Vision03768937 · Budva | 0.0% | 0€ | No filing for 2024. | -4,934€ | — | 1 | 374€ |
| 1491 | Diond MN03446042 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,080€ | — | 1 | — |
| 1492 | Disa Design03635961 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,129€ | — | 1 | 927€ |
| 1493 | Dogs of Code03430685 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,123€ | — | 1 | 677€ |
| 1494 | Don't Worry Be Happy03516938 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -1,015€ | — | 1 | — |
| 1495 | Dream Team Monte03467368 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,059€ | — | 1 | 678€ |
| 1496 | Edu Plus03158144 · Podgorica | 0.0% | 0€ | -100.0% | -3,704€ | — | 1 | 307€ |
| 1497 | Effrafax Solutions03509826 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,347€ | — | 1 | 676€ |
| 1498 | Elite Qa03486435 · Tivat | 0.0% | 0€ | -100.0% | -24,296€ | — | 2 | 944€ |
| 1499 | Ep Soft03421392 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,178€ | — | 1 | 677€ |
| 1500 | Erste Maxim Technology03583856 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -18,005€ | — | 2 | 746€ |