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 1551–1600 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* |
|---|
| 1551 | It Company02946670 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,156€ | — | 2 | 339€ |
| 1552 | Itech Solutions03322190 · Podgorica | 0.0% | 0€ | -100.0% | -8,139€ | — | 1 | 678€ |
| 1553 | Itore03568164 · Tivat | 0.0% | 0€ | -100.0% | 0€ | — | — | — |
| 1554 | Itspectre03445488 · Herceg Novi | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,164€ | — | 1 | 677€ |
| 1555 | It Workshop03711803 · Budva | 0.0% | 0€ | No filing for 2024. | -9,156€ | — | 1 | 671€ |
| 1556 | Ivanov Consulting03698599 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -12,220€ | — | 1 | 927€ |
| 1557 | Jade Reminiscent03512584 · Podgorica | 0.0% | 0€ | -100.0% | -8,202€ | — | 1 | 677€ |
| 1558 | Jogol03543285 · Kotor | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,174€ | — | 1 | 677€ |
| 1559 | Jugotron03377016 · Budva | 0.0% | 0€ | -100.0% | -8,195€ | — | 1 | 670€ |
| 1560 | Jureth Soft03531139 · Budva | 0.0% | 0€ | -100.0% | -9,529€ | — | 1 | 675€ |
| 1561 | Just 1103293378 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -3,902€ | — | 1 | — |
| 1562 | Kaiftech03703410 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -12,383€ | — | 1 | 928€ |
| 1563 | Kaleido Montenegro03419754 · Herceg Novi | 0.0% | 0€ | -100.0% | 0€ | — | — | — |
| 1564 | KDK Investment & Consultancy03692566 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,180€ | — | 1 | 675€ |
| 1565 | Keeprise Mne03519759 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,122€ | — | 1 | 677€ |
| 1566 | Kodokot03446743 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,216€ | — | 1 | 677€ |
| 1567 | Kopatych03420779 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,036€ | — | 1 | — |
| 1568 | Kovtag03622126 · Ulcinj | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,109€ | — | 1 | 339€ |
| 1569 | Kravchuk03418383 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,314€ | — | 1 | 926€ |
| 1570 | Kristel03786480 · Podgorica | 0.0% | 0€ | No filing for 2024. | -2,236€ | — | 1 | — |
| 1571 | Kulikova Design03422500 · Herceg Novi | 0.0% | 0€ | -100.0% | -8,715€ | — | 1 | 677€ |
| 1572 | Layout Shift03734803 · Herceg Novi | 0.0% | 0€ | No filing for 2024. | -7,000€ | — | 1 | 583€ |
| 1573 | Level803028330 · Podgorica | 0.0% | 0€ | -100.0% | -3,454€ | — | 1 | — |
| 1574 | LO&BO Company03055396 · Tivat | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,406€ | — | 1 | 675€ |
| 1575 | L.R.International Marketing03519597 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,139€ | — | 1 | 678€ |
| 1576 | Luxtiv03318354 · Budva | 0.0% | 0€ | -100.0% | -5,688€ | — | 2 | — |
| 1577 | M2 Soft03513777 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,133€ | — | 1 | 678€ |
| 1578 | Maclaud03486320 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,205€ | — | 1 | 675€ |
| 1579 | Ma Development Design03430090 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,074€ | — | 1 | — |
| 1580 | Mafin Star03540014 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,249€ | — | 1 | 670€ |
| 1581 | Malakhovma03499537 · Kotor | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,225€ | — | 1 | 674€ |
| 1582 | Maltas03425274 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,199€ | — | 1 | 675€ |
| 1583 | Marbelys Group03646041 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,693€ | — | 1 | 724€ |
| 1584 | Matilda&Partners03762939 · Budva | 0.0% | 0€ | No filing for 2024. | -3,908€ | — | 1 | — |
| 1585 | Matrica36903799085 · Cetinje | 0.0% | 0€ | No filing for 2024. | -8,101€ | — | 0 | — |
| 1586 | Merget Limited Sirketi03705315 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,067€ | — | 1 | 922€ |
| 1587 | Meronpai03490726 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,175€ | — | 1 | 677€ |
| 1588 | Meta Simulations03455866 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,139€ | — | 1 | 675€ |
| 1589 | Metlan03651207 · Tivat | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,830€ | — | 1 | 800€ |
| 1590 | Metrix03576221 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,202€ | — | 1 | — |
| 1591 | Metropol Trading03153584 · Podgorica | 0.0% | 0€ | -100.0% | -14,153€ | — | 2 | 567€ |
| 1592 | Millita03417824 · Herceg Novi | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,158€ | — | 1 | 677€ |
| 1593 | Mirno Mesto03525163 · Bar | 0.0% | 0€ | -100.0% | -3,401€ | — | 1 | — |
| 1594 | Mobirun03405036 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 0€ | — | — | — |
| 1595 | Monetalis03748693 · Podgorica | 0.0% | 0€ | No filing for 2024. | -2,962€ | — | 1 | — |
| 1596 | Mo:net Systems03594335 · Pljevlja | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 0€ | — | — | — |
| 1597 | Montesolutions03090671 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,013€ | — | 1 | — |
| 1598 | Moonclick03447421 · Herceg Novi | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,152€ | — | 1 | 677€ |
| 1599 | M.U.G.I 9803771393 · Podgorica | 0.0% | 0€ | No filing for 2024. | -3,717€ | — | 1 | 310€ |
| 1600 | Music Network03426122 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,913€ | — | 1 | 984€ |