Revenue
2.6% of Montenegro's revenue
1,100 companies earned 458.85m€ in 2025, 2.6% of all company revenue in Montenegro. It ranks 9 of 18 sectors by revenue. Revenue has grown 2.8× since 2015.
2.6% of Montenegro's revenue
698 with at most one employee
Largest employer: JP RT Crne Gore - Podgorica (743)
Total profit: 55.95m€
Average per employee, not per company
Revenue in € million (bars) and filing companies (below), 2015–2025
| Year | Revenue | Companies |
|---|---|---|
| 2015 | 161,664,788€ | 355 |
| 2016 | 187,411,974€ | 387 |
| 2017 | 156,909,552€ | 420 |
| 2018 | 201,110,217€ | 483 |
| 2019 | 213,739,435€ | 524 |
| 2020 | 189,430,367€ | 576 |
| 2021 | 264,330,805€ | 619 |
| 2022 | 304,663,433€ | 784 |
| 2023 | 358,532,955€ | 935 |
| 2024 | 418,593,407€ | 1,021 |
| 2025 (Preliminary) | 458,854,259€ | 1,100 |
The number of companies jumped most in 2022: from 619 to 784.
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 451–500 of 1,100
* 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 17 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* |
|---|
| 451 | Tennis Experience03287700 · Budva | <0.1% | 19,921€ | -38.8% | 8,793€ | 44.1% | 2 | 423€ |
| 452 | Oz Inovativna Produkcija03696464 · Podgorica | <0.1% | 19,800€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 1,350€ | 6.8% | 1 | 1,422€ |
| 453 | Passepartout Montenegro03525244 · Herceg Novi | <0.1% | 19,750€ | -14.1% | 17€ | 0.1% | 1 | 454€ |
| 454 | Rezz02735555 · Podgorica | <0.1% | 19,708€ | -49.7% | 5,977€ | 30.3% | 1 | 339€ |
| 455 | Coach Stef03396266 · Bijelo Polje | <0.1% | 19,541€ | -31.4% | -17,505€ | -89.6% | 1 | 1,635€ |
| 456 | Synergy Games03138178 · Bar | <0.1% | 19,413€ | +72.8% | -6,087€ | -31.4% | 1 | 685€ |
| 457 | Divan Dom03691454 · Podgorica | <0.1% | 19,359€ | +930.8% | 4,933€ | 25.5% | 1 | — |
| 458 | Laboratorija Zabave03566129 · Bar | <0.1% | 19,313€ | +14.1% | -426€ | -2.2% | 1 | 678€ |
| 459 | Idm Music Mne03401375 · Podgorica | <0.1% | 19,280€ | +372.5% | 1,340€ | 7.0% | 1 | 1,356€ |
| 460 | Jupok02075806 · Rožaje | <0.1% | 19,272€ | -2.5% | 915€ | 4.7% | 1 | 779€ |
| 461 | Box Media03624641 · Podgorica | <0.1% | 19,118€ | +22.7% | 855€ | 4.5% | 1 | 560€ |
| 462 | Fešta03516130 · Podgorica | <0.1% | 19,077€ | -90.4% | 3,255€ | 17.1% | 2 | — |
| 463 | Action Mama03388255 · Podgorica | <0.1% | 19,019€ | +44.8% | -726€ | -3.8% | 1 | 929€ |
| 464 | Olive Padel Court03622185 · Budva | <0.1% | 19,019€ | +37.3% | -13,344€ | -70.2% | 4 | 440€ |
| 465 | Yastrebdecor03754405 · Bar | <0.1% | 18,939€ | No filing for 2024. | 2,792€ | 14.7% | 1 | 447€ |
| 466 | Dječija Zona03485447 · Podgorica | <0.1% | 18,932€ | -38.1% | -15,083€ | -79.7% | 3 | 534€ |
| 467 | Liza K. Ballet School03621898 · Budva | <0.1% | 18,854€ | +669.6% | 204€ | 1.1% | 1 | 1,467€ |
| 468 | Pedagoškinja03677133 · Bar | <0.1% | 18,612€ | +3,359.5% | -5,042€ | -27.1% | 1 | 1,483€ |
| 469 | Tačka Production03763889 · Podgorica | <0.1% | 18,576€ | No filing for 2024. | 172€ | 0.9% | 1 | 1,364€ |
| 470 | Kids Corner03648770 · Kotor | <0.1% | 18,570€ | +13.0% | -66€ | -0.4% | 2 | 599€ |
| 471 | Adriatic Western02867168 · Herceg Novi | <0.1% | 18,533€ | -64.1% | -8,753€ | -47.2% | 2 | 714€ |
| 472 | Kani Services03579352 · Tuzi | <0.1% | 18,496€ | -25.1% | -1,984€ | -10.7% | 1 | 1,613€ |
| 473 | Maxteo Company03601781 · Podgorica | <0.1% | 18,439€ | No filing for 2024. | -15,476€ | -83.9% | 1 | 2,654€ |
| 474 | MLD Editions Mne03479706 · Podgorica | <0.1% | 18,439€ | -76.5% | -5,943€ | -32.2% | 2 | 929€ |
| 475 | Sport Events03803589 · Podgorica | <0.1% | 18,360€ | No filing for 2024. | 16,531€ | 90.0% | 1 | — |
| 476 | Pumplab03523292 · Herceg Novi | <0.1% | 17,931€ | +91.1% | 5,735€ | 32.0% | 1 | 677€ |
| 477 | Impuls LTD03793052 · Podgorica | <0.1% | 17,900€ | No filing for 2024. | -5,628€ | -31.4% | 7 | — |
| 478 | Vitruvije03147037 · Budva | <0.1% | 17,809€ | -11.2% | -5,390€ | -30.3% | 1 | 828€ |
| 479 | Ada Mne03571718 · Podgorica | <0.1% | 17,750€ | +787.5% | 6,496€ | 36.6% | 1 | 853€ |
| 480 | Blackberry Plasticine03547353 · Herceg Novi | <0.1% | 17,730€ | -13.0% | 371€ | 2.1% | 2 | 680€ |
| 481 | Perfect Move03609901 · Budva | <0.1% | 17,546€ | +294.8% | -18,354€ | -104.6% | 2 | 478€ |
| 482 | King Sport03491277 · Bijelo Polje | <0.1% | 17,341€ | +43.1% | 4,341€ | 25.0% | 2 | — |
| 483 | In the na Stan03281558 · Podgorica | <0.1% | 17,326€ | -49.0% | -6,391€ | -36.9% | 2 | 566€ |
| 484 | S.C.F.03520978 · Bar | <0.1% | 17,270€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 101€ | 0.6% | 1 | 961€ |
| 485 | Golden Ball03181987 · Podgorica | <0.1% | 17,207€ | -19.1% | 1,629€ | 9.5% | 2 | 565€ |
| 486 | Probox03271447 · Podgorica | <0.1% | 17,059€ | +138.1% | 2,878€ | 16.9% | 1 | 573€ |
| 487 | FS&CTC03461734 · Podgorica | <0.1% | 17,045€ | -52.9% | -287€ | -1.7% | 1 | — |
| 488 | Sport&Adventure K403330974 · Tivat | <0.1% | 16,815€ | -40.2% | 4,203€ | 25.0% | 1 | 675€ |
| 489 | Podgorica02294109 · Podgorica | <0.1% | 16,751€ | +18.0% | 615€ | 3.7% | 1 | 1,211€ |
| 490 | Obrazovni Centar Smart03696421 · Tivat | <0.1% | 16,504€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -5,805€ | -35.2% | 1 | 1,321€ |
| 491 | Mindfulfit03377768 · Bar | <0.1% | 16,490€ | +63.5% | 100€ | 0.6% | 1 | 1,239€ |
| 492 | Baywork Group03724786 · Podgorica | <0.1% | 16,269€ | No filing for 2024. | -25,362€ | -155.9% | 1 | 1,557€ |
| 493 | Dipafons03639436 · Podgorica | <0.1% | 16,250€ | +92.2% | -1,807€ | -11.1% | 1 | 1,297€ |
| 494 | Euterpa03751023 · Berane | <0.1% | 16,237€ | No filing for 2024. | 1,542€ | 9.5% | 1 | 1,209€ |
| 495 | Rollup03494136 · Podgorica | <0.1% | 16,143€ | +201.5% | 1,744€ | 10.8% | 2 | 564€ |
| 496 | Port of Petrovac03126285 · Budva | <0.1% | 16,123€ | +77.8% | -14,030€ | -87.0% | 3 | 815€ |
| 497 | Play GYM03008398 · Bijelo Polje | <0.1% | 16,090€ | +19.4% | 177€ | 1.1% | 3 | 363€ |
| 498 | MNK Company03750876 · Podgorica | <0.1% | 15,830€ | No filing for 2024. | 731€ | 4.6% | 1 | 731€ |
| 499 | Hesoyam03669688 · Nikšić | <0.1% | 15,681€ | +231.5% | 4,474€ | 28.5% | 1 | 337€ |
| 500 | Benefit Health02763958 · Podgorica | <0.1% | 15,610€ | +14.0% | 2,139€ | 13.7% | 1 | 925€ |