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 601–650 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* |
|---|
| 601 | E.I.C.Investment02441578 · Podgorica | <0.1% | 8,037€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 5,330€ | 66.3% | 1 | — |
| 602 | Kinoproekt Legal03513335 · Budva | <0.1% | 8,010€ | +901.2% | -4,195€ | -52.4% | 1 | 916€ |
| 603 | Fearless Podgorica03759849 · Podgorica | <0.1% | 8,000€ | No filing for 2024. | 83€ | 1.0% | 0 | — |
| 604 | Budućnost 9702259265 · Podgorica | <0.1% | 7,963€ | -13.3% | -328€ | -4.1% | 0 | — |
| 605 | Panthera Production03766543 · Podgorica | <0.1% | 7,911€ | No filing for 2024. | -2,077€ | -26.3% | 2 | 392€ |
| 606 | No 7702855356 · Kotor | <0.1% | 7,789€ | +71.5% | -4,181€ | -53.7% | 1 | 594€ |
| 607 | Rad02073137 · Podgorica | <0.1% | 7,755€ | +50.1% | 111€ | 1.4% | 0 | — |
| 608 | Buksha03445895 · Herceg Novi | <0.1% | 7,735€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -495€ | -6.4% | 1 | 675€ |
| 609 | Paravan02959305 · Podgorica | <0.1% | 7,650€ | +4.4% | 47€ | 0.6% | 1 | 619€ |
| 610 | Sidestore Group03590364 · Podgorica | <0.1% | 7,630€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -13,650€ | -178.9% | 2 | 847€ |
| 611 | Tandara Studio03786005 · Podgorica | <0.1% | 7,550€ | No filing for 2024. | 1,385€ | 18.3% | 1 | 485€ |
| 612 | Mr.Ippon03695069 · Nikšić | <0.1% | 7,490€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 1,231€ | 16.4% | 1 | — |
| 613 | Lingualino03684997 · Podgorica | <0.1% | 7,470€ | +310.9% | -3,596€ | -48.1% | 1 | 754€ |
| 614 | 3angles03502180 · Bar | <0.1% | 7,454€ | -80.6% | -9,735€ | -130.6% | 1 | 1,278€ |
| 615 | Tavifa03647293 · Bar | <0.1% | 7,445€ | +1,968.1% | -8,288€ | -111.3% | 1 | 1,130€ |
| 616 | Dječja Igraonica Mona03520226 · Podgorica | <0.1% | 7,422€ | -47.9% | -19,815€ | -267.0% | 1 | 424€ |
| 617 | Doclea Film03424472 · Podgorica | <0.1% | 7,309€ | -91.1% | 0€ | 0.0% | 1 | 435€ |
| 618 | Damax03035409 · Podgorica | <0.1% | 7,218€ | -45.4% | -5,835€ | -80.8% | 1 | 674€ |
| 619 | Fun Concept03285898 · Budva | <0.1% | 7,200€ | -2.1% | -18,495€ | -256.9% | 1 | 927€ |
| 620 | Art-Kovači03380564 · Bar | <0.1% | 7,178€ | -81.5% | -13,193€ | -183.8% | 2 | 656€ |
| 621 | Avoca03485218 · Herceg Novi | <0.1% | 7,140€ | +224.5% | -6,002€ | -84.1% | 1 | 931€ |
| 622 | PP-Print03125840 · Bijelo Polje | <0.1% | 7,042€ | +220.8% | -1,306€ | -18.5% | 1 | 678€ |
| 623 | Most Kulture11015506 · Podgorica | <0.1% | 7,009€ | +26,857.7% | 0€ | 0.0% | 0 | — |
| 624 | Drevnomondo03627098 · Herceg Novi | <0.1% | 6,894€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -1,338€ | -19.4% | 2 | 323€ |
| 625 | Kreativni Kutak Kids Club Ams03777596 · Tivat | <0.1% | 6,780€ | No filing for 2024. | -2,007€ | -29.6% | 1 | 415€ |
| 626 | Papa Party03657850 · Herceg Novi | <0.1% | 6,691€ | +92.8% | -1,515€ | -22.6% | 1 | 678€ |
| 627 | Full Frame03633683 · Podgorica | <0.1% | 6,690€ | -72.1% | 659€ | 9.9% | 1 | 375€ |
| 628 | Newton & Dandy03516679 · Podgorica | <0.1% | 6,660€ | -12.8% | -2,565€ | -38.5% | 1 | 743€ |
| 629 | Frolik Studio03186610 · Kotor | <0.1% | 6,650€ | +10.8% | -1,520€ | -22.9% | 1 | 678€ |
| 630 | Antena M Broadcasting03691098 · Podgorica | <0.1% | 6,500€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -73,338€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 2 | 995€ |
| 631 | Pilates Room03786021 · Nikšić | <0.1% | 6,430€ | No filing for 2024. | 1,535€ | 23.9% | 1 | — |
| 632 | Magična Radionica03671640 · Budva | <0.1% | 6,419€ | -13.3% | -3,325€ | -51.8% | 1 | 509€ |
| 633 | Kalijana &CO03766691 · Podgorica | <0.1% | 6,361€ | No filing for 2024. | 710€ | 11.2% | 1 | 366€ |
| 634 | Pressing03117502 · Nikšić | <0.1% | 6,254€ | +89.4% | -10,713€ | -171.3% | 2 | 394€ |
| 635 | Muzički Studio Gaga03674878 · Bar | <0.1% | 6,109€ | -15.7% | -5,418€ | -88.7% | 1 | 677€ |
| 636 | Go2fly03754502 · Tuzi | <0.1% | 6,103€ | No filing for 2024. | 2,582€ | 42.3% | 1 | — |
| 637 | Nachalo03460096 · Bar | <0.1% | 6,070€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,065€ | -34.0% | 1 | 670€ |
| 638 | Two Bros03749568 · Podgorica | <0.1% | 6,047€ | No filing for 2024. | -6,682€ | -110.5% | 1 | — |
| 639 | Grem Records03482871 · Budva | <0.1% | 6,010€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -3,066€ | -51.0% | 1 | 677€ |
| 640 | Am-Systems03520404 · Budva | <0.1% | 6,000€ | +47.1% | -6,379€ | -106.3% | 1 | 925€ |
| 641 | Ksports03133150 · Ulcinj | <0.1% | 5,930€ | +158.6% | 646€ | 10.9% | 1 | — |
| 642 | Oddinary Stories03412628 · Herceg Novi | <0.1% | 5,865€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -5,874€ | -100.2% | 1 | 931€ |
| 643 | Zenrog03784622 · Bar | <0.1% | 5,776€ | No filing for 2024. | 1,578€ | 27.3% | 1 | 332€ |
| 644 | Luviloop Montenegro03589838 · Bar | <0.1% | 5,762€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -3,716€ | -64.5% | 1 | 677€ |
| 645 | Good Game03653021 · Tuzi | <0.1% | 5,656€ | +44.8% | -386€ | -6.8% | 2 | — |
| 646 | Artworks03653587 · Podgorica | <0.1% | 5,640€ | +221.4% | 2,005€ | 35.5% | 1 | — |
| 647 | Neo Publicum03694135 · Podgorica | <0.1% | 5,630€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 1,137€ | 20.2% | 1 | — |
| 648 | Super Play03741591 · Zeta | <0.1% | 5,555€ | No filing for 2024. | -1,276€ | -23.0% | 0 | — |
| 649 | Bor Media03372812 · Tuzi | <0.1% | 5,500€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -3,444€ | -62.6% | 1 | 677€ |
| 650 | Davideo.Pro03704963 · Podgorica | <0.1% | 5,471€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -10,424€ | -190.5% | 2 | 564€ |