Revenue
27.36m€21.4× since 2015
4.3% of sector revenue
83,883€
160 companies earned 27.36m€ in 2025, 4.3% of Technology sector revenue. Revenue has grown 21.4× since 2015.
4.3% of sector revenue
122 with at most one employee
Largest employer: Tungsten Montenegro (117)
Median company -3.8% · 31% 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
Employees and payroll cost per employee per month*
Ranked by total revenue · Showing 101–150 of 160
* 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 →
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 | 1,280,883€ | 15 |
| 2016 | 1,345,183€ | 20 |
| 2017 | 1,511,353€ | 44 |
| 2018 | 1,458,078€ | 46 |
| 2019 | 1,531,151€ | 20 |
| 2020 | 1,728,455€ | 26 |
| 2021 | 3,300,262€ | 33 |
| 2022 | 10,548,379€ | 122 |
| 2023 | 25,602,012€ | 142 |
| 2024 | 43,009,492€ | 157 |
| 2025 (Preliminary) | 27,364,566€ | 160 |
The number of companies jumped most in 2022: from 33 to 122.
<0.1% |
| 200€ |
| No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. |
| -11,900€ |
| Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. |
| 1 |
| 926€ |
| 103 | Goldenrock Montenegro03719669 · Budva | <0.1% | 180€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -6,789€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 0 | — |
| 104 | Sigma Internet Services and Consultancy03453758 · Podgorica | <0.1% | 148€ | -99.9% | -12,068€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 674€ |
| 105 | Wideluxccode03490556 · Budva | <0.1% | 95€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,140€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 677€ |
| 106 | Dico03541312 · Ulcinj | <0.1% | 1€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -15,688€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 742€ |
| 107 | Abn Markets PTY03378896 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 0€ | — | — | — |
| 108 | Bearer Capital03761037 · Tivat | 0.0% | 0€ | No filing for 2024. | -1,534€ | — | 1 | — |
| 109 | Beyond92503709345 · Tivat | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,845€ | — | 1 | 636€ |
| 110 | Data Hive03799832 · Podgorica | 0.0% | 0€ | No filing for 2024. | -313€ | — | 0 | — |
| 111 | 3D-Logicus03476251 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,176€ | — | 1 | 677€ |
| 112 | Aardvark Consulting03521621 · Cetinje | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -3,046€ | — | 2 | — |
| 113 | Adf Company03428362 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,491€ | — | 1 | 677€ |
| 114 | Agilegene03452905 · Budva | 0.0% | 0€ | -100.0% | 0€ | — | — | — |
| 115 | Arcane Cube Entertainment03548295 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,535€ | — | 1 | 677€ |
| 116 | Blitz Art03446638 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,774€ | — | 1 | 677€ |
| 117 | Customer Success Montenegro03460304 | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -1,016€ | — | 1 | — |
| 118 | Data Technologies03564045 · Tivat | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -23,143€ | — | 2 | 805€ |
| 119 | Dream Team Monte03467368 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,059€ | — | 1 | 678€ |
| 120 | Edu Plus03158144 · Podgorica | 0.0% | 0€ | -100.0% | -3,704€ | — | 1 | 307€ |
| 121 | Ep Soft03421392 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,178€ | — | 1 | 677€ |
| 122 | Filippov Softdev03464148 · Budva | 0.0% | 0€ | -100.0% | -14,373€ | — | 1 | 765€ |
| 123 | Freya For You03765547 · Budva | 0.0% | 0€ | No filing for 2024. | -4,106€ | — | 0 | — |
| 124 | Irn Tech03690245 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,139€ | — | 1 | 678€ |
| 125 | Itech Solutions03322190 · Podgorica | 0.0% | 0€ | -100.0% | -8,139€ | — | 1 | 678€ |
| 126 | Kodokot03446743 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,216€ | — | 1 | 677€ |
| 127 | L.R.International Marketing03519597 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,139€ | — | 1 | 678€ |
| 128 | Meronpai03490726 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,175€ | — | 1 | 677€ |
| 129 | Meta Simulations03455866 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,139€ | — | 1 | 675€ |
| 130 | Montesolutions03090671 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,013€ | — | 1 | — |
| 131 | Music Network03426122 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,913€ | — | 1 | 984€ |
| 132 | Nagorny It03486630 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,042€ | — | 1 | 677€ |
| 133 | Nip03444724 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,125€ | — | 1 | — |
| 134 | NSC Monte03447626 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,960€ | — | 1 | 677€ |
| 135 | Numeriq03808599 · Bijelo Polje | 0.0% | 0€ | No filing for 2024. | -76€ | — | 1 | — |
| 136 | PPL03605868 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -18,531€ | — | 1 | 528€ |
| 137 | Python Plus03445810 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,096€ | — | 1 | 677€ |
| 138 | Randymedia03443043 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,945€ | — | 1 | 677€ |
| 139 | Spring MY Art03444767 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,044€ | — | 1 | 677€ |
| 140 | Ultimate Software03473643 · Tivat | 0.0% | 0€ | -100.0% | 0€ | — | — | — |
| 141 | Utap Consulting03492354 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,624€ | — | 1 | 677€ |
| 142 | Verstaapen Studio03494942 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,993€ | — | 1 | 926€ |
| 143 | Volee Technologies Ou03513572 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,036€ | — | 1 | — |
| 144 | With It Partnership03490955 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,159€ | — | 1 | 678€ |
| 145 | Yakimant Limited03434389 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,893€ | — | 1 | 677€ |
| 146 | Lille Corp03775330 · Herceg Novi | 0.0% | 0€ | No filing for 2024. | -2,210€ | — | 1 | — |
| 147 | Purple Gora03318486 · Budva | 0.0% | 0€ | -100.0% | -8,123€ | — | 1 | 677€ |
| 148 | Thrill Me03753646 · Herceg Novi | 0.0% | 0€ | No filing for 2024. | -9,511€ | — | 2 | 396€ |
| 149 | 1912 Monte03484467 · Herceg Novi | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,226€ | — | 1 | 678€ |
| 150 | Freefess Software03478114 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -15,091€ | — | 1 | 1,161€ |