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 1601–1650 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* |
|---|
| 1601 | Mušketov It03790860 · Herceg Novi | 0.0% | 0€ | No filing for 2024. | -1,089€ | — | 1 | — |
| 1602 | MY Ai03598918 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -12,646€ | — | 1 | 927€ |
| 1603 | Nadježda Service Plus03489825 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,254€ | — | 1 | 932€ |
| 1604 | Nagorny It03486630 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,042€ | — | 1 | 677€ |
| 1605 | Neurobox03465276 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,123€ | — | 1 | 674€ |
| 1606 | Neurocode Systems03788709 · Herceg Novi | 0.0% | 0€ | No filing for 2024. | -22€ | — | 1 | — |
| 1607 | Next Web Systems03716767 · Budva | 0.0% | 0€ | No filing for 2024. | -8,496€ | — | 1 | 634€ |
| 1608 | Nexum03542661 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -6,813€ | — | 1 | 564€ |
| 1609 | NG Code03381064 · Pljevlja | 0.0% | 0€ | -100.0% | -8,608€ | — | 1 | 558€ |
| 1610 | Ngtech03236960 · Bijelo Polje | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,440€ | — | 1 | 931€ |
| 1611 | NIK&CO03440583 · Herceg Novi | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,894€ | — | 1 | 677€ |
| 1612 | Nip03444724 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,125€ | — | 1 | — |
| 1613 | Nmko03425983 · Herceg Novi | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,701€ | — | 1 | — |
| 1614 | Noctua Dev03778169 · Budva | 0.0% | 0€ | No filing for 2024. | -2,949€ | — | 0 | — |
| 1615 | Nodtech03467660 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,982€ | — | 1 | 677€ |
| 1616 | North West03641236 · Podgorica | 0.0% | 0€ | No filing for 2024. | -5,765€ | — | 0 | — |
| 1617 | NP Solutions03457206 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,067€ | — | 1 | — |
| 1618 | NSC Monte03447626 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,960€ | — | 1 | 677€ |
| 1619 | Numeriq03808599 · Bijelo Polje | 0.0% | 0€ | No filing for 2024. | -76€ | — | 1 | — |
| 1620 | Olive Technic03625311 · Budva | 0.0% | 0€ | -100.0% | -9,657€ | — | 3 | — |
| 1621 | Oneofakind03242803 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,645€ | — | 1 | 927€ |
| 1622 | One Stop Technologies03757048 · Podgorica | 0.0% | 0€ | No filing for 2024. | -5,117€ | — | 1 | 426€ |
| 1623 | Online Service03420795 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,200€ | — | 1 | 675€ |
| 1624 | Opexo03728889 · Herceg Novi | 0.0% | 0€ | No filing for 2024. | -7,487€ | — | 1 | 624€ |
| 1625 | Optimum Plus02731975 · Berane | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -1€ | — | 1 | — |
| 1626 | Outerheaven03458806 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,789€ | — | 1 | 677€ |
| 1627 | Paloma Services03447430 · Herceg Novi | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,017€ | — | 1 | 677€ |
| 1628 | Parla Group03561011 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,139€ | — | 1 | 675€ |
| 1629 | Pelot03664988 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,162€ | — | 1 | 675€ |
| 1630 | Pika Group03690377 · Tivat | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -26,634€ | — | 1 | 2,112€ |
| 1631 | Pinokio HQ03794245 · Podgorica | 0.0% | 0€ | No filing for 2024. | -4,973€ | — | 2 | — |
| 1632 | Pozitronika Servis03535401 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,259€ | — | 1 | 675€ |
| 1633 | PPL03605868 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -18,531€ | — | 1 | 528€ |
| 1634 | Prosto Team03302750 · Budva | 0.0% | 0€ | -100.0% | -8,283€ | — | 1 | 677€ |
| 1635 | PSYZH03345378 · Herceg Novi | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,160€ | — | 1 | 677€ |
| 1636 | P.T.K. Company03389774 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -3,311€ | — | 1 | — |
| 1637 | Pure Haven03776212 · Budva | 0.0% | 0€ | No filing for 2024. | -2,713€ | — | 1 | — |
| 1638 | Python Plus03445810 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,096€ | — | 1 | 677€ |
| 1639 | Qart Labs03804739 | 0.0% | 0€ | No filing for 2024. | -62€ | — | 1 | — |
| 1640 | Qbettinhos03462331 · Herceg Novi | 0.0% | 0€ | -100.0% | -8,272€ | — | 1 | 675€ |
| 1641 | Qgears03403262 · Herceg Novi | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -16,459€ | — | 2 | 677€ |
| 1642 | Qobira03747565 · Podgorica | 0.0% | 0€ | No filing for 2024. | -5,455€ | — | 1 | 401€ |
| 1643 | Queentesence03533174 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 0€ | — | — | — |
| 1644 | Quetechsolutions03479668 · Cetinje | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,113€ | — | 2 | 460€ |
| 1645 | Raen03577635 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,100€ | — | 1 | 675€ |
| 1646 | Randymedia03443043 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,945€ | — | 1 | 677€ |
| 1647 | Ravaga03242617 · Herceg Novi | 0.0% | 0€ | -100.0% | -11,778€ | — | 1 | 951€ |
| 1648 | RDKC Montenegro03426882 · Herceg Novi | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,277€ | — | 1 | 678€ |
| 1649 | Redfield Technologies03799158 · Podgorica | 0.0% | 0€ | No filing for 2024. | -615€ | — | 1 | — |
| 1650 | Redmatter LLC03342271 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,036€ | — | 1 | — |