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 801–850 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* |
|---|
| 801 | Discover Podgorica03786099 · Podgorica | <0.1% | 70€ | No filing for 2024. | -2,982€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 0 | — |
| 802 | Dijalogos MZK03163547 · Bijelo Polje | <0.1% | 50€ | -98.7% | -5,687€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | — |
| 803 | Roxy03695506 · Podgorica | <0.1% | 25€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -13,539€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 667€ |
| 804 | Perspectiva Montenegro03561844 · Podgorica | <0.1% | 1€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -19,942€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 2 | 760€ |
| 805 | Strong Ton02745429 · Bijelo Polje | <0.1% | 1€ | 0.0% | 0€ | 0.0% | 1 | — |
| 806 | Multimat02397706 · Podgorica | <0.1% | 1€ | -99.9% | -61,799€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 2 | 364€ |
| 807 | Mosaic of Health -203757633 · Kotor | <0.1% | 1€ | No filing for 2024. | -21,300€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 312€ |
| 808 | NTG Plus03605680 · Bar | <0.1% | 1€ | No filing for 2024. | -1€ | -100.0% | 1 | — |
| 809 | Open Box Studio03102424 · Podgorica | <0.1% | 1€ | 0.0% | 0€ | 0.0% | 1 | — |
| 810 | 9lives03749851 · Tivat | 0.0% | 0€ | No filing for 2024. | -5,777€ | — | 1 | 481€ |
| 811 | A1 Football03378063 · Podgorica | 0.0% | 0€ | -100.0% | -7,559€ | — | 1 | — |
| 812 | Aleph03729133 · Podgorica | 0.0% | 0€ | No filing for 2024. | -13,438€ | — | 2 | 526€ |
| 813 | A&N Eagle03752488 · Budva | 0.0% | 0€ | No filing for 2024. | -8,534€ | — | 0 | — |
| 814 | Antgames03768422 · Budva | 0.0% | 0€ | No filing for 2024. | -18,766€ | — | 1 | 1,556€ |
| 815 | Arb International02348560 · Ulcinj | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -7,762€ | — | 1 | 646€ |
| 816 | Arcadian03125769 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,033€ | — | 1 | — |
| 817 | Aromali03530329 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,059€ | — | 1 | 687€ |
| 818 | Arteria03747301 · Budva | 0.0% | 0€ | No filing for 2024. | -4,279€ | — | 1 | 357€ |
| 819 | Art Studio 36003792994 · Podgorica | 0.0% | 0€ | No filing for 2024. | -660€ | — | 1 | — |
| 820 | Asena FLY03741753 · Podgorica | 0.0% | 0€ | No filing for 2024. | -8,425€ | — | 1 | 559€ |
| 821 | Bambi 202303609715 · Pljevlja | 0.0% | 0€ | -100.0% | -980€ | — | 1 | — |
| 822 | Beba Club03237915 · Bar | 0.0% | 0€ | -100.0% | -8,164€ | — | 1 | 677€ |
| 823 | Belavista Film03678270 · Herceg Novi | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -3,029€ | — | 1 | — |
| 824 | Bordo Art03554236 · Tivat | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -10,165€ | — | 1 | 678€ |
| 825 | Budva-Film Production03365794 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,027€ | — | 1 | — |
| 826 | Burak International03270866 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -13,146€ | — | 1 | 928€ |
| 827 | Bydeesign03616142 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -17,850€ | — | 1 | 1,357€ |
| 828 | Chobox03624137 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,150€ | — | 1 | 926€ |
| 829 | Circus Callisto03667529 | 0.0% | 0€ | -100.0% | -8,045€ | — | 1 | 670€ |
| 830 | Crazy Boom03584097 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -16,245€ | — | 1 | 1,350€ |
| 831 | Cyber Princess03757005 · Podgorica | 0.0% | 0€ | No filing for 2024. | -1,262€ | — | 1 | — |
| 832 | Danart03725472 · Budva | 0.0% | 0€ | No filing for 2024. | -11,650€ | — | 1 | 871€ |
| 833 | Dancefile.Eu03556204 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,238€ | — | 1 | 678€ |
| 834 | Dee Films Media03655873 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,215€ | — | 1 | 680€ |
| 835 | Doku-Monte03496228 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,192€ | — | 1 | 922€ |
| 836 | Active Kids03545113 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,128€ | — | 1 | 922€ |
| 837 | Adria Advertising03619630 · Podgorica | 0.0% | 0€ | -100.0% | -1,401€ | — | 1 | — |
| 838 | Adriatic Land Recreation Center03607895 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,123€ | — | 1 | 677€ |
| 839 | Agon03201201 · Kotor | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,070€ | — | 1 | 339€ |
| 840 | Aj Aj Aj Films03668541 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 0€ | — | — | — |
| 841 | Alter Mex03499715 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,714€ | — | 1 | — |
| 842 | Ang Crna Gora03169103 · Podgorica | 0.0% | 0€ | -100.0% | -2,035€ | — | 1 | — |
| 843 | A Plus Media Group02296721 · Podgorica | 0.0% | 0€ | -100.0% | 0€ | — | — | — |
| 844 | Apreda03697932 · Tivat | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -10,774€ | — | 1 | 898€ |
| 845 | Aquasport Montenegro03184218 · Ulcinj | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,689€ | — | 1 | 321€ |
| 846 | Artekrafts03744914 · Podgorica | 0.0% | 0€ | No filing for 2024. | -1,549€ | — | 1 | — |
| 847 | Artico03794644 · Podgorica | 0.0% | 0€ | No filing for 2024. | -445€ | — | 1 | — |
| 848 | Art Production Group03726339 · Budva | 0.0% | 0€ | No filing for 2024. | -7,138€ | — | 1 | 557€ |
| 849 | Aspera Tourism and Sports03546837 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,100€ | — | 1 | 675€ |
| 850 | Attraction Montenegro03803210 · Podgorica | 0.0% | 0€ | No filing for 2024. | -1,336€ | — | 1 | — |