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 151–200 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* |
|---|
| 151 | E.C.S.02390710 · Podgorica | <0.1% | 356,792€ | -10.1% | 9,458€ | 2.7% | 9 | 1,481€ |
| 152 | Arhimed02882922 · Podgorica | <0.1% | 355,916€ | +8.8% | 31,259€ | 8.8% | 21 | 959€ |
| 153 | Net2me03241335 · Podgorica | <0.1% | 355,853€ | -16.8% | 111,086€ | 31.2% | 5 | 2,307€ |
| 154 | Oblak.Me03163822 · Danilovgrad | <0.1% | 342,693€ | +132.7% | 132,037€ | 38.5% | 3 | 3,463€ |
| 155 | Platform03018270 · Nikšić | <0.1% | 340,327€ | +325.6% | 47,050€ | 13.8% | 2 | 3,490€ |
| 156 | Infomont02346982 · Podgorica | <0.1% | 333,283€ | +7.0% | 5,028€ | 1.5% | 15 | 1,338€ |
| 157 | Eclept03723941 · Podgorica | <0.1% | 331,378€ | No filing for 2024. | 117,588€ | 35.5% | 2 | 1,102€ |
| 158 | Digital Gateway03117545 · Budva | <0.1% | 330,417€ | +120.3% | 271,345€ | 82.1% | 1 | 675€ |
| 159 | Auto Deal Consulting03125777 · Bar | <0.1% | 328,048€ | -6.8% | 2,510€ | 0.8% | 25 | 653€ |
| 160 | Portal Press02770237 · Podgorica | <0.1% | 327,544€ | +16.6% | 4,353€ | 1.3% | 11 | 1,875€ |
| 161 | Gamblio03683923 · Podgorica | <0.1% | 324,371€ | +2,948,727.3% | -100,389€ | -30.9% | 9 | 3,146€ |
| 162 | Web Media Group03225879 · Podgorica | <0.1% | 322,924€ | +133.7% | 210€ | 0.1% | 4 | 2,429€ |
| 163 | Native Teams03455483 · Podgorica | <0.1% | 320,900€ | +42.0% | -52,090€ | -16.2% | 17 | 1,759€ |
| 164 | Procontent Mne03542572 · Podgorica | <0.1% | 319,776€ | +174.6% | 7,055€ | 2.2% | 1 | 677€ |
| 165 | Eng Trade03057941 · Tuzi | <0.1% | 316,412€ | +25.0% | 9,257€ | 2.9% | 15 | 1,008€ |
| 166 | CR Services03690296 · Podgorica | <0.1% | 313,469€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 8,121€ | 2.6% | 8 | 2,808€ |
| 167 | Navira It Solutions03090175 · Podgorica | <0.1% | 312,827€ | +30.9% | 24,577€ | 7.9% | 5 | 4,295€ |
| 168 | Rubik03000214 · Nikšić | <0.1% | 309,346€ | -3.7% | 34,218€ | 11.1% | 9 | 971€ |
| 169 | Polynomial03106853 · Budva | <0.1% | 304,182€ | +13.5% | 12,557€ | 4.1% | 22 | 743€ |
| 170 | Invictus Technology Group03330117 · Podgorica | <0.1% | 301,488€ | -41.8% | 64,113€ | 21.3% | 1 | 1,967€ |
| 171 | Anasaea03504409 · Tivat | <0.1% | 299,619€ | -60.5% | 70,730€ | 23.6% | 7 | 2,616€ |
| 172 | MDS Network03080277 · Tuzi | <0.1% | 298,813€ | +183.2% | 123,883€ | 41.5% | 5 | 912€ |
| 173 | Umrli.Me03286550 · Podgorica | <0.1% | 298,130€ | +72.5% | 190,951€ | 64.0% | 4 | 1,296€ |
| 174 | E-Lavirint02706563 · Podgorica | <0.1% | 293,075€ | -23.8% | 6,323€ | 2.2% | 1 | 16,574€ |
| 175 | 3hills03401502 · Podgorica | <0.1% | 291,736€ | +260.5% | 1,299€ | 0.4% | 9 | 2,310€ |
| 176 | Prekoveze03239365 · Podgorica | <0.1% | 290,807€ | +2.3% | 134,560€ | 46.3% | 5 | 1,107€ |
| 177 | Sonets Studio03467899 · Tivat | <0.1% | 290,730€ | -27.6% | -10,596€ | -3.6% | 5 | 2,529€ |
| 178 | Winsoft02246244 · Podgorica | <0.1% | 286,239€ | +5.0% | 18,120€ | 6.3% | 8 | 1,495€ |
| 179 | Hedgesoft03635678 · Rožaje | <0.1% | 280,586€ | +387.6% | 192,792€ | 68.7% | 3 | 2,354€ |
| 180 | MSP Design03496333 · Ulcinj | <0.1% | 279,056€ | +65.5% | 97,225€ | 34.8% | 1 | 14,944€ |
| 181 | Artec 3D Adriatica03413381 · Bar | <0.1% | 277,153€ | -82.2% | 16,635€ | 6.0% | 9 | 1,354€ |
| 182 | Sat-Trakt02443686 · Podgorica | <0.1% | 275,413€ | -19.7% | 23,603€ | 8.6% | 13 | 1,182€ |
| 183 | FSTR03424804 · Podgorica | <0.1% | 262,813€ | -70.3% | -97,864€ | -37.2% | 12 | 1,348€ |
| 184 | Final Find03408124 · Podgorica | <0.1% | 260,000€ | +2,756.5% | 129,130€ | 49.7% | 1 | 943€ |
| 185 | Pietsch Consulting03639142 · Bar | <0.1% | 256,848€ | +235.2% | 208,535€ | 81.2% | 1 | 1,554€ |
| 186 | MM Hub03226433 · Podgorica | <0.1% | 254,232€ | -3.3% | 18,058€ | 7.1% | 3 | 2,199€ |
| 187 | At Solutions03115976 · Podgorica | <0.1% | 250,671€ | +58.6% | 16,131€ | 6.4% | 1 | 2,163€ |
| 188 | Sektor Montenegro03282686 · Podgorica | <0.1% | 250,507€ | +12.3% | 37,384€ | 14.9% | 3 | 2,746€ |
| 189 | Standard Media03140555 · Podgorica | <0.1% | 248,146€ | +17.8% | 46,671€ | 18.8% | 6 | 1,151€ |
| 190 | Taplika03415368 · Herceg Novi | <0.1% | 248,099€ | +3.9% | 64,485€ | 26.0% | 1 | 678€ |
| 191 | Visol03121461 · Podgorica | <0.1% | 247,652€ | +22.0% | 33,930€ | 13.7% | 3 | 1,981€ |
| 192 | Andrex Code03632792 · Nikšić | <0.1% | 244,726€ | +66.0% | 56,022€ | 22.9% | 6 | 2,209€ |
| 193 | Ruskaja Rech03258505 · Herceg Novi | <0.1% | 243,976€ | -19.0% | 74,042€ | 30.3% | 5 | 1,635€ |
| 194 | Smartpos03349403 · Podgorica | <0.1% | 243,361€ | +365.9% | 38,705€ | 15.9% | 1 | 958€ |
| 195 | Info Sistemi02993112 · Podgorica | <0.1% | 242,662€ | -9.4% | 14,456€ | 6.0% | 1 | 6,453€ |
| 196 | Softing02849658 · Nikšić | <0.1% | 239,940€ | +22.3% | 5,436€ | 2.3% | 3 | 2,061€ |
| 197 | Netmont03157601 · Bar | <0.1% | 238,847€ | +37.9% | 15,291€ | 6.4% | 4 | 1,207€ |
| 198 | Citrus Codes03480950 · Podgorica | <0.1% | 235,219€ | -7.7% | -16,387€ | -7.0% | 12 | 1,407€ |
| 199 | Ogimar Mne03077322 · Podgorica | <0.1% | 233,162€ | +32.8% | 96,224€ | 41.3% | 4 | 701€ |
| 200 | Zzi02328097 · Podgorica | <0.1% | 233,085€ | -25.9% | 35,257€ | 15.1% | 4 | 3,256€ |