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 251–300 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*
0.0% |
| 0€ |
| No filing for 2024. |
| -1,701€ |
| — |
| 1 |
| — |
| 253 | Balkan Travel MK03650430 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,890€ | — | 1 | 670€ |
| 254 | Book A Boat03674576 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,325€ | — | 1 | — |
| 255 | Cultech Solutions03677354 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,871€ | — | 1 | 922€ |
| 256 | DGTL Capital Me03250652 · Herceg Novi | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,355€ | — | 1 | 677€ |
| 257 | Dobri Ljudi03291588 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,123€ | — | 1 | 670€ |
| 258 | Adriafort03714179 · Podgorica | 0.0% | 0€ | No filing for 2024. | 0€ | — | — | — |
| 259 | Aglince03424758 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,108€ | — | 1 | 675€ |
| 260 | Aht Consulting03580903 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -7,833€ | — | 1 | 653€ |
| 261 | Air Data03783359 · Cetinje | 0.0% | 0€ | No filing for 2024. | -3,584€ | — | 2 | — |
| 262 | Akil Consultancy and Technology Solutions03228339 · Budva | 0.0% | 0€ | -100.0% | -9,660€ | — | 1 | 676€ |
| 263 | Alpha Technologies03500098 · Cetinje | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,197€ | — | 1 | 678€ |
| 264 | Artlemon Digital Service03688399 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -10,317€ | — | 1 | 929€ |
| 265 | Ayon Technology03232298 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,196€ | — | 1 | 922€ |
| 266 | Balkan Information Technologies03474704 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,107€ | — | 1 | 675€ |
| 267 | Bay Area Software03548449 · Budva | 0.0% | 0€ | -100.0% | -8,972€ | — | 1 | 677€ |
| 268 | Binbot03372880 · Herceg Novi | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,239€ | — | 1 | 927€ |
| 269 | Boa Corporation03727904 · Podgorica | 0.0% | 0€ | No filing for 2024. | -6,277€ | — | 1 | 523€ |
| 270 | Bosiljak Trade03254461 · Herceg Novi | 0.0% | 0€ | -100.0% | 0€ | — | — | — |
| 271 | Brise Technologies03579760 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -13,728€ | — | 1 | 680€ |
| 272 | Cloud Walker03543170 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,784€ | — | 1 | — |
| 273 | Coopene Company03522253 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,262€ | — | 1 | 675€ |
| 274 | Corvus03205851 · Budva | 0.0% | 0€ | -100.0% | -12,893€ | — | 1 | 922€ |
| 275 | Cyber Solutions03579182 · Podgorica | 0.0% | 0€ | -100.0% | -11,501€ | — | 1 | 925€ |
| 276 | Deniz Consulting03573397 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,875€ | — | 1 | 680€ |
| 277 | Don't Worry Be Happy03516938 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -1,015€ | — | 1 | — |
| 278 | Exler Online03726967 · Podgorica | 0.0% | 0€ | No filing for 2024. | -8,839€ | — | 2 | 304€ |
| 279 | Forta03439992 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,069€ | — | 1 | 670€ |
| 280 | Happy Sparrow03484254 · Budva | 0.0% | 0€ | -100.0% | -12,557€ | — | 1 | 972€ |
| 281 | Itore03568164 · Tivat | 0.0% | 0€ | -100.0% | 0€ | — | — | — |
| 282 | Keeprise Mne03519759 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,122€ | — | 1 | 677€ |
| 283 | Level803028330 · Podgorica | 0.0% | 0€ | -100.0% | -3,454€ | — | 1 | — |
| 284 | Mo:net Systems03594335 · Pljevlja | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 0€ | — | — | — |
| 285 | Nmko03425983 · Herceg Novi | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,701€ | — | 1 | — |
| 286 | Olive Technic03625311 · Budva | 0.0% | 0€ | -100.0% | -9,657€ | — | 3 | — |
| 287 | Oneofakind03242803 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,645€ | — | 1 | 927€ |
| 288 | 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€ |
| 289 | Pure Haven03776212 · Budva | 0.0% | 0€ | No filing for 2024. | -2,713€ | — | 1 | — |
| 290 | Qgears03403262 · Herceg Novi | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -16,459€ | — | 2 | 677€ |
| 291 | Queentesence03533174 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 0€ | — | — | — |
| 292 | Quetechsolutions03479668 · Cetinje | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,113€ | — | 2 | 460€ |
| 293 | Ravaga03242617 · Herceg Novi | 0.0% | 0€ | -100.0% | -11,778€ | — | 1 | 951€ |
| 294 | Remote Dba03442489 · Herceg Novi | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,701€ | — | 1 | — |
| 295 | RNG Soft03451780 · Herceg Novi | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,201€ | — | 1 | 927€ |
| 296 | Rsi Technology03166651 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -14,917€ | — | 1 | 1,075€ |
| 297 | Savali Group03568652 · Tivat | 0.0% | 0€ | -100.0% | 0€ | — | — | — |
| 298 | Serishkot03727432 · Herceg Novi | 0.0% | 0€ | No filing for 2024. | -6,620€ | — | 1 | 552€ |
| 299 | Setup03213412 · Budva | 0.0% | 0€ | -100.0% | -11,252€ | — | 1 | 928€ |
| 300 | Skycore03547256 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 0€ | — | — | — |