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 1801–1850 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* |
|---|
| 1801 | Gara Digital03682994 · Podgorica | 0.0% | 0€ | No filing for 2024. | -22,593€ | — | 0 | — |
| 1802 | Gelebte Wunder03681220 · Bar | 0.0% | 0€ | No filing for 2024. | -2,033€ | — | 1 | — |
| 1803 | Genetrix03400131 · Podgorica | 0.0% | 0€ | -100.0% | -1,345€ | — | 1 | — |
| 1804 | Gezici03621928 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,121€ | — | 1 | 675€ |
| 1805 | GKP Investments03317498 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -3,661€ | — | 1 | 338€ |
| 1806 | Golden Link03637867 · Cetinje | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,520€ | — | 1 | 959€ |
| 1807 | Goldy's Crew03797953 · Budva | 0.0% | 0€ | No filing for 2024. | -617€ | — | 0 | — |
| 1808 | Gorasoft03634850 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,068€ | — | 1 | — |
| 1809 | GPS Tracking03755304 · Podgorica | 0.0% | 0€ | No filing for 2024. | -1,488€ | — | 1 | — |
| 1810 | Grazzals Mont03591417 · Podgorica | 0.0% | 0€ | -100.0% | 0€ | — | — | — |
| 1811 | Grot 2503655750 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -10,266€ | — | 2 | 428€ |
| 1812 | Gyrosmani03514056 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,187€ | — | 1 | 675€ |
| 1813 | Hubbar03793087 · Bar | 0.0% | 0€ | No filing for 2024. | -324€ | — | 1 | — |
| 1814 | Hypocode03330605 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,654€ | — | 1 | 802€ |
| 1815 | Ideapp03527239 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,980€ | — | 1 | 934€ |
| 1816 | Idoneus03490017 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -5,483€ | — | 1 | 452€ |
| 1817 | Imadakara03511839 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,657€ | — | 1 | 800€ |
| 1818 | Inam Tech03731596 · Budva | 0.0% | 0€ | No filing for 2024. | -1€ | — | 0 | — |
| 1819 | Info Space Montenegro03755215 · Podgorica | 0.0% | 0€ | No filing for 2024. | -3,967€ | — | 1 | 327€ |
| 1820 | Innozone03462196 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,179€ | — | 1 | 676€ |
| 1821 | Inova Tech Mne03808572 · Podgorica | 0.0% | 0€ | No filing for 2024. | -48€ | — | 0 | — |
| 1822 | Iron-Heart Tech03647307 · Podgorica | 0.0% | 0€ | -100.0% | -12,208€ | — | 1 | 927€ |
| 1823 | Jenkeri03685608 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -5,867€ | — | 0 | — |
| 1824 | Kartalbey Kinay1703345122 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,636€ | — | 1 | 676€ |
| 1825 | Kda Tech03539504 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -19,283€ | — | 1 | 1,604€ |
| 1826 | Khwarizmiat Solutions Limited03572986 · Tivat | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -42,049€ | — | 1 | 2,995€ |
| 1827 | Kilicaslan Information Technology03721418 · Podgorica | 0.0% | 0€ | No filing for 2024. | -8,347€ | — | 1 | 692€ |
| 1828 | Kolosek03367029 · Budva | 0.0% | 0€ | -100.0% | -5,601€ | — | 1 | 339€ |
| 1829 | Korak po Korak03542181 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,467€ | — | 1 | 678€ |
| 1830 | Koreloop Consulting03785726 · Podgorica | 0.0% | 0€ | No filing for 2024. | -2,682€ | — | 0 | — |
| 1831 | Kostikvo Company03774805 · Budva | 0.0% | 0€ | No filing for 2024. | -1,112€ | — | 1 | — |
| 1832 | Kreditni Biro Crne Gore02773716 · Nikšić | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,070€ | — | 1 | 339€ |
| 1833 | Kuznetsov VS03433960 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,182€ | — | 1 | 678€ |
| 1834 | Label Process Machinery and Software Systems03615626 · Podgorica | 0.0% | 0€ | -100.0% | -7,834€ | — | 1 | 558€ |
| 1835 | Labittrade03427447 · Tivat | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,519€ | — | 1 | 675€ |
| 1836 | Lambda03809471 · Podgorica | 0.0% | 0€ | No filing for 2024. | -46€ | — | 0 | — |
| 1837 | Lepisov Branding03016242 · Herceg Novi | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,738€ | — | 1 | — |
| 1838 | Liber Group03670325 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,614€ | — | 1 | 678€ |
| 1839 | L-Tech03756335 · Budva | 0.0% | 0€ | No filing for 2024. | -5,784€ | — | 1 | 481€ |
| 1840 | Lurra Nova03478297 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,270€ | — | 1 | 678€ |
| 1841 | Lynnwood Information Technologies03490335 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -12,526€ | — | 1 | 928€ |
| 1842 | Maison De Montmorency03618668 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,279€ | — | 1 | 931€ |
| 1843 | Mamaritam03797805 · Berane | 0.0% | 0€ | No filing for 2024. | -720€ | — | 1 | — |
| 1844 | Mapid Me03384292 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -10,131€ | — | 1 | 678€ |
| 1845 | Maramond03378462 · Budva | 0.0% | 0€ | -100.0% | 0€ | — | — | — |
| 1846 | Maskon03404048 · Podgorica | 0.0% | 0€ | -100.0% | -5,674€ | — | 1 | 452€ |
| 1847 | Maxima&Mn03418758 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -17,775€ | — | 1 | 1,260€ |
| 1848 | MB Solutions03294960 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -12,108€ | — | 1 | 929€ |
| 1849 | MC Development&Consulting03656314 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -15,333€ | — | 2 | 635€ |
| 1850 | Medavec03703657 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,319€ | — | 1 | 922€ |