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 901–950 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* |
|---|
| 901 | Lindaerofit03805140 · Tuzi | 0.0% | 0€ | No filing for 2024. | -742€ | — | 1 | — |
| 902 | Lipro03528740 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,146€ | — | 1 | 675€ |
| 903 | Luč 2103696367 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,913€ | — | 1 | — |
| 904 | Lunaframe Arts03748464 · Herceg Novi | 0.0% | 0€ | No filing for 2024. | -5,178€ | — | 1 | 432€ |
| 905 | Lyutserna03570665 · Herceg Novi | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,036€ | — | 1 | — |
| 906 | M1 Montenegro Company03426467 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,985€ | — | 1 | 677€ |
| 907 | Madona Montenegro02847221 · Kotor | 0.0% | 0€ | -100.0% | -2,073€ | — | 1 | — |
| 908 | Mag Media03656110 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,668€ | — | 1 | 926€ |
| 909 | Majak.Me03786706 · Bar | 0.0% | 0€ | No filing for 2024. | -2,277€ | — | 0 | — |
| 910 | Majestic Events03755576 · Podgorica | 0.0% | 0€ | No filing for 2024. | -7,433€ | — | 1 | 619€ |
| 911 | Mali Grad03798593 · Podgorica | 0.0% | 0€ | No filing for 2024. | -1,349€ | — | 1 | — |
| 912 | Maž - MM02633116 · Berane | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -16,202€ | — | 2 | 675€ |
| 913 | Melanfam03642429 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -1€ | — | 1 | — |
| 914 | ML Production03519899 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,149€ | — | 1 | 675€ |
| 915 | Mnejoker Gaming03761088 · Podgorica | 0.0% | 0€ | No filing for 2024. | -13,049€ | — | 1 | — |
| 916 | Mobil Viar03261743 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,336€ | — | 1 | — |
| 917 | Modern Stage03713873 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,150€ | — | 1 | 678€ |
| 918 | Monte Art & Design03215334 · Kotor | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,763€ | — | 1 | 675€ |
| 919 | Montequest03053571 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,187€ | — | 1 | 676€ |
| 920 | Montestudio 2403473473 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,144€ | — | 1 | 916€ |
| 921 | Muza & Family03323706 · Herceg Novi | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,771€ | — | 1 | 677€ |
| 922 | Nadoworks03513696 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -12,270€ | — | 1 | 928€ |
| 923 | Narrative Wizards03482685 · Herceg Novi | 0.0% | 0€ | -100.0% | -8,101€ | — | 1 | 675€ |
| 924 | Natal Persona03538761 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,974€ | — | 1 | 916€ |
| 925 | Nikishin & K03609596 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,164€ | — | 1 | 675€ |
| 926 | Nomad Film03540995 · Herceg Novi | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -19,787€ | — | 2 | 820€ |
| 927 | Ok&School03527336 · Podgorica | 0.0% | 0€ | -100.0% | -5,327€ | — | 1 | 439€ |
| 928 | Olsanski03522113 · Cetinje | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,203€ | — | 1 | 677€ |
| 929 | Outside the Window03509460 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,510€ | — | 1 | 916€ |
| 930 | Oxyrise03759415 · Podgorica | 0.0% | 0€ | No filing for 2024. | -1,229€ | — | 1 | — |
| 931 | Padel GG03807657 · Podgorica | 0.0% | 0€ | No filing for 2024. | -105€ | — | 1 | — |
| 932 | Power GYM03019497 · Bijelo Polje | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,101€ | — | 1 | 675€ |
| 933 | Power Up03801047 · Nikšić | 0.0% | 0€ | No filing for 2024. | -2,289€ | — | 1 | — |
| 934 | Pro Mobile Media03524078 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,036€ | — | 1 | — |
| 935 | Propianolab03430677 · Tivat | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,776€ | — | 1 | 678€ |
| 936 | Raissia Montenegro03285880 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -16,303€ | — | 1 | 1,354€ |
| 937 | Reload Mne03356370 · Ulcinj | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,760€ | — | 1 | 678€ |
| 938 | Rezidencija Sekulić03276112 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,265€ | — | 1 | — |
| 939 | RHYTHM1703782476 · Bar | 0.0% | 0€ | No filing for 2024. | -4,126€ | — | 0 | — |
| 940 | Ritsi Oa03378829 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,176€ | — | 1 | 678€ |
| 941 | RM-Trust&Co03515788 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -16,445€ | — | 2 | 684€ |
| 942 | Rockstock Productions03191141 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,035€ | — | 1 | — |
| 943 | Roshula Films03444406 · Podgorica | 0.0% | 0€ | -100.0% | -2,355€ | — | 0 | — |
| 944 | Royal Penguin Skating03643948 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,698€ | — | 1 | 924€ |
| 945 | Rukola03791793 · Herceg Novi | 0.0% | 0€ | No filing for 2024. | -675€ | — | 1 | — |
| 946 | Rusty Net03501388 · Cetinje | 0.0% | 0€ | -100.0% | 0€ | — | — | — |
| 947 | Saba Rhythmic03395081 · Tivat | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,391€ | — | 1 | 674€ |
| 948 | Safeline03678385 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -15,407€ | — | 1 | 609€ |
| 949 | Saturn Six03548015 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,087€ | — | 1 | 924€ |
| 950 | Saturnus Codex02799430 · Herceg Novi | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,035€ | — | 1 | — |