Revenue
7.1% of sector revenue
347 companies earned 45.56m€ in 2025, 7.1% of Technology sector revenue. Revenue has grown 6.1× since 2015.
7.1% of sector revenue
242 with at most one employee
Largest employer: First Line Software (106)
Median company 2.1% · 43% profitable
Average per employee, not per company
Revenue in € million (bars) and filing companies (below), 2015–2025
Revenue change vs 2024, companies with at least 1m€ that year
Ranked by total revenue · Showing 201–250 of 347
* 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 7 sole proprietors: natural persons whose statements are shown only in aggregate, never by name. The company count excludes them. How we calculate →
The activity title is the code's title in the KD 2010 classification (NACE Rev. 2), which applies to every year shown. The registry now shows titles from the new classification for the same codes, so titles can differ.
| Year | Revenue | Companies |
|---|---|---|
| 2015 | 7,488,938€ | 46 |
| 2016 | 9,353,799€ | 55 |
| 2017 | 10,985,329€ | 66 |
| 2018 | 13,209,796€ | 106 |
| 2019 | 13,368,264€ | 126 |
| 2020 | 13,832,761€ | 143 |
| 2021 | 15,185,053€ | 183 |
| 2022 | 28,793,217€ | 281 |
| 2023 | 38,205,276€ | 336 |
| 2024 | 48,206,856€ | 334 |
| 2025 (Preliminary) | 45,561,048€ | 347 |
The number of companies jumped most in 2022: from 183 to 281.
Employees and payroll cost per employee per month*
<0.1% |
| 6,805€ |
| No filing for 2024. |
| -3,739€ |
| -54.9% |
| 1 |
| 597€ |
| 203 | Lemon Mne03732819 · Budva | <0.1% | 6,693€ | No filing for 2024. | 0€ | 0.0% | 1 | 499€ |
| 204 | Verdig Ic03684890 · Nikšić | <0.1% | 6,600€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 3,493€ | 52.9% | 1 | — |
| 205 | Umbrella - Hive - It03526801 · Budva | <0.1% | 6,300€ | -78.4% | -28,471€ | -451.9% | 2 | 803€ |
| 206 | Easy Virtual Sistem03504883 · Budva | <0.1% | 5,800€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,377€ | -161.7% | 2 | 599€ |
| 207 | Away.Online03481735 · Podgorica | <0.1% | 5,400€ | -14.5% | 1,706€ | 31.6% | 1 | — |
| 208 | Sancto Structure03436560 · Podgorica | <0.1% | 5,000€ | -23.0% | -7,590€ | -151.8% | 1 | 927€ |
| 209 | Mont Macs03439194 · Tivat | <0.1% | 4,980€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -5,166€ | -103.7% | 1 | 678€ |
| 210 | Nar05203522601 · Bar | <0.1% | 4,845€ | +61.5% | -8,824€ | -182.1% | 1 | 1,131€ |
| 211 | SKY Man03413403 · Herceg Novi | <0.1% | 4,741€ | +5,349.4% | -4,759€ | -100.4% | 1 | 677€ |
| 212 | Nla Consulting03536297 · Budva | <0.1% | 4,235€ | +323.5% | -8,045€ | -190.0% | 1 | 916€ |
| 213 | Nova Sidera03065278 · Bar | <0.1% | 4,000€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -135€ | -3.4% | 1 | 338€ |
| 214 | Softmaximite Services03446778 · Herceg Novi | <0.1% | 3,689€ | +886.4% | -4,570€ | -123.9% | 1 | 678€ |
| 215 | Montepodaci03806502 · Podgorica | <0.1% | 3,500€ | No filing for 2024. | 122€ | 3.5% | 1 | — |
| 216 | Sale4me03428621 · Podgorica | <0.1% | 3,438€ | -89.3% | -590€ | -17.2% | 1 | — |
| 217 | Stovbur It03743748 · Herceg Novi | <0.1% | 3,364€ | No filing for 2024. | -2,110€ | -62.7% | 1 | 441€ |
| 218 | Analitika Pro03710289 · Herceg Novi | <0.1% | 3,200€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -1,024€ | -32.0% | 1 | — |
| 219 | Luniverse03444635 · Podgorica | <0.1% | 3,175€ | -98.3% | 1,090€ | 34.3% | 1 | — |
| 220 | Tyche Partners03730972 · Podgorica | <0.1% | 2,800€ | No filing for 2024. | -4,361€ | -155.8% | 1 | 489€ |
| 221 | Drozdov Studio03504603 · Podgorica | <0.1% | 2,675€ | -34.2% | -6,284€ | -234.9% | 1 | 675€ |
| 222 | Reef Technology and Consulting03184773 · Budva | <0.1% | 2,630€ | -68.1% | -7,671€ | -291.7% | 1 | 675€ |
| 223 | Codafinity03480844 · Budva | <0.1% | 2,500€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -6,796€ | -271.8% | 1 | 670€ |
| 224 | Acs02192373 · Podgorica | <0.1% | 2,400€ | -69.5% | -5,197€ | -216.5% | 1 | 452€ |
| 225 | Raven House03410706 · Budva | <0.1% | 2,400€ | -15.8% | -6,891€ | -287.1% | 1 | 677€ |
| 226 | Gurev & Co03439291 · Budva | <0.1% | 2,110€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -6,123€ | -290.2% | 1 | 675€ |
| 227 | Koshkin03003353 · Bar | <0.1% | 1,600€ | -55.8% | -6,598€ | -412.4% | 1 | 678€ |
| 228 | Adriatic Soft03382028 · Podgorica | <0.1% | 1,500€ | +809.1% | -8,462€ | -564.1% | 1 | 875€ |
| 229 | Athomia03728056 · Podgorica | <0.1% | 1,500€ | No filing for 2024. | -4,786€ | -319.1% | 1 | 522€ |
| 230 | CTS-CG03763501 · Nikšić | <0.1% | 1,500€ | No filing for 2024. | 574€ | 38.3% | 1 | — |
| 231 | Montenesoft03059197 · Podgorica | <0.1% | 1,500€ | +114.3% | -6,240€ | -416.0% | 1 | 600€ |
| 232 | Serene Nightingale03578755 · Ulcinj | <0.1% | 1,500€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -7,096€ | -473.1% | 1 | 678€ |
| 233 | Teocom03357023 · Podgorica | <0.1% | 1,436€ | -93.6% | -12,718€ | -885.7% | 1 | — |
| 234 | Inform-Technology03601277 · Budva | <0.1% | 1,400€ | +62.8% | -6,821€ | -487.2% | 1 | 677€ |
| 235 | Satelit Consulting03425436 · Budva | <0.1% | 1,188€ | -49.5% | -1,495€ | -125.8% | 1 | — |
| 236 | Nirvana Tech03613887 · Podgorica | <0.1% | 1,100€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -15,323€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 2 | 627€ |
| 237 | Swamp Buds03470008 · Budva | <0.1% | 1,000€ | -95.4% | -12,733€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 1,060€ |
| 238 | Platinum Listing03200370 · Podgorica | <0.1% | 900€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -3,319€ | -368.8% | 1 | 339€ |
| 239 | Quark03634892 · Podgorica | <0.1% | 858€ | +22.6% | -532€ | -62.0% | 1 | — |
| 240 | Operteh Company02982188 · Bar | <0.1% | 639€ | -90.8% | -3,456€ | -540.8% | 2 | — |
| 241 | Computing Technologies03495965 · Kotor | <0.1% | 547€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -10,641€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 926€ |
| 242 | CBP Solutions03302113 · Cetinje | <0.1% | 500€ | No filing for 2024. | -1,587€ | -317.4% | 1 | — |
| 243 | Winslow & Lanier Global Partners03686221 · Podgorica | <0.1% | 500€ | +9.9% | -3€ | -0.6% | 1 | — |
| 244 | Prime THRYM Studio03704980 · Podgorica | <0.1% | 250€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -10,986€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 922€ |
| 245 | Erp Business Solutions03221334 · Podgorica | <0.1% | 55€ | -100.0% | -16,936€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 956€ |
| 246 | Faberlic-Action03374823 · Herceg Novi | <0.1% | 46€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,263€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 678€ |
| 247 | Zuzalu03553566 · Tivat | <0.1% | 34€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -10,140€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 2 | 424€ |
| 248 | Liberal Communication03137082 · Podgorica | <0.1% | 9€ | +800.0% | -6,738€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 373€ |
| 249 | Techcrowd03624617 · Bar | <0.1% | 1€ | 0.0% | -1€ | -100.0% | 1 | — |
| 250 | A-Com It Mne03760537 · Podgorica | 0.0% | 0€ | No filing for 2024. | -7,354€ | — | 1 | 545€ |