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 201–250 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* |
|---|
| 201 | Arhiv03223272 · Podgorica | <0.1% | 114,392€ | -36.9% | -20,364€ | -17.8% | 8 | 946€ |
| 202 | Sportski Centar Žabljak03151450 · Žabljak | <0.1% | 114,204€ | -0.7% | -19,219€ | -16.8% | 6 | 1,302€ |
| 203 | Sun&Love03255590 · Podgorica | <0.1% | 114,170€ | +160.5% | 16,902€ | 14.8% | 1 | 1,241€ |
| 204 | MY Name03076440 · Podgorica | <0.1% | 114,049€ | +18.8% | 15,162€ | 13.3% | 6 | 661€ |
| 205 | Urban Kids03419177 · Podgorica | <0.1% | 108,607€ | +142.1% | 2,719€ | 2.5% | 3 | 1,636€ |
| 206 | Most Adventures03068137 · Pljevlja | <0.1% | 107,969€ | +355.8% | 48,244€ | 44.7% | 3 | 897€ |
| 207 | Monitor02373190 · Podgorica | <0.1% | 106,326€ | +28.1% | 7,919€ | 7.4% | 3 | 2,487€ |
| 208 | A Media Invest03346285 · Podgorica | <0.1% | 106,000€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 99,058€ | 93.5% | 1 | 448€ |
| 209 | Videa Production03196119 · Podgorica | <0.1% | 105,046€ | -15.3% | 11,687€ | 11.1% | 2 | 1,438€ |
| 210 | Tdi Radio02893401 · Podgorica | <0.1% | 104,970€ | +34.3% | -12,092€ | -11.5% | 4 | 744€ |
| 211 | Bedem Fortress03273997 · Nikšić | <0.1% | 104,635€ | +90.0% | 4,829€ | 4.6% | 1 | 3,428€ |
| 212 | S-Mediji02881519 · Podgorica | <0.1% | 104,177€ | +80.0% | 13,783€ | 13.2% | 5 | 1,175€ |
| 213 | LB Golf Operations03749509 · Tivat | <0.1% | 103,659€ | No filing for 2024. | -10,426€ | -10.1% | 4 | 722€ |
| 214 | Hrvatska Krovna Zajednica - Dux Croatorum02649926 · Tivat | <0.1% | 103,288€ | +27.7% | 0€ | 0.0% | 3 | 1,661€ |
| 215 | Nuova Fenice03472949 · Podgorica | <0.1% | 100,289€ | +111.0% | -14,900€ | -14.9% | 1 | 820€ |
| 216 | Fabrika Ideja Multimedija03288200 · Podgorica | <0.1% | 100,086€ | +4.3% | 1,915€ | 1.9% | 1 | 6,649€ |
| 217 | L&B Company03504590 · Podgorica | <0.1% | 99,455€ | +56.7% | 7,204€ | 7.2% | 6 | 849€ |
| 218 | Mixsa02937778 · Podgorica | <0.1% | 98,772€ | +20.0% | 15,974€ | 16.2% | 2 | 1,052€ |
| 219 | Medialab03253589 · Budva | <0.1% | 97,593€ | +66.2% | 26,184€ | 26.8% | 3 | 966€ |
| 220 | Meander Film03075575 · Nikšić | <0.1% | 97,488€ | -7.0% | 661€ | 0.7% | 1 | 544€ |
| 221 | Monte Lord03373703 · Podgorica | <0.1% | 96,802€ | +41.5% | 7,644€ | 7.9% | 4 | 981€ |
| 222 | Cataleya Spa03196739 · Budva | <0.1% | 95,736€ | +15.7% | -8,944€ | -9.3% | 5 | 673€ |
| 223 | Olymp & Kolos03403467 · Budva | <0.1% | 95,207€ | +24.5% | 5,513€ | 5.8% | 2 | 874€ |
| 224 | Računovođa02714167 · Podgorica | <0.1% | 95,033€ | -25.2% | 339€ | 0.4% | 2 | 1,955€ |
| 225 | Philemon03343456 · Cetinje | <0.1% | 94,847€ | -9.1% | 43,953€ | 46.3% | 3 | 986€ |
| 226 | Gold Winner03389600 · Nikšić | <0.1% | 94,653€ | +4.8% | 534€ | 0.6% | 5 | 501€ |
| 227 | Hit FM02976030 · Podgorica | <0.1% | 94,645€ | +24.5% | 20,567€ | 21.7% | 4 | 960€ |
| 228 | Red Production02438780 · Kotor | <0.1% | 93,920€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -98,942€ | -105.3% | 1 | 943€ |
| 229 | Print Media02746549 · Podgorica | <0.1% | 92,449€ | +17.6% | 29,562€ | 32.0% | 2 | 985€ |
| 230 | Sokomont02646447 · Budva | <0.1% | 90,878€ | +18.6% | 15,078€ | 16.6% | 2 | 1,019€ |
| 231 | Red Rock02938219 · Žabljak | <0.1% | 90,678€ | -23.1% | -10,265€ | -11.3% | 1 | 786€ |
| 232 | Fest Team03699650 · Podgorica | <0.1% | 90,063€ | +1,371.1% | -9,147€ | -10.2% | 2 | 1,051€ |
| 233 | Cid02201933 · Podgorica | <0.1% | 89,692€ | -13.1% | 1,057€ | 1.2% | 1 | 5,135€ |
| 234 | Reklame Svijet02185563 · Herceg Novi | <0.1% | 88,522€ | -26.8% | -39,207€ | -44.3% | 3 | 483€ |
| 235 | Gajo Gorostas03681599 · Nikšić | <0.1% | 87,762€ | +612.0% | -10,447€ | -11.9% | 6 | 664€ |
| 236 | Go Kart03287084 · Herceg Novi | <0.1% | 87,363€ | +27.7% | 6,277€ | 7.2% | 2 | 1,120€ |
| 237 | Vissoco Studio03561941 · Podgorica | <0.1% | 87,009€ | +127.8% | 2,095€ | 2.4% | 1 | 2,949€ |
| 238 | Puzzle02719355 · Podgorica | <0.1% | 85,003€ | -8.2% | 170€ | 0.2% | 3 | 1,144€ |
| 239 | Kids Group03618048 · Tivat | <0.1% | 83,619€ | +22.0% | 2,057€ | 2.5% | 5 | 777€ |
| 240 | Roots Revival03452395 · Herceg Novi | <0.1% | 81,252€ | +76.8% | 10,080€ | 12.4% | 2 | 1,404€ |
| 241 | Mediaforce03449416 · Podgorica | <0.1% | 80,900€ | +464.0% | 9,101€ | 11.2% | 1 | 5,234€ |
| 242 | MCF Mne03094111 · Herceg Novi | <0.1% | 80,740€ | +34.4% | 7,558€ | 9.4% | 1 | 675€ |
| 243 | Pegaz02297213 · Bijelo Polje | <0.1% | 80,172€ | -8.1% | 6,411€ | 8.0% | 2 | 443€ |
| 244 | No Limits Outdoor03119955 · Podgorica | <0.1% | 79,736€ | +155.0% | 26,511€ | 33.2% | 1 | 978€ |
| 245 | Aba Film03161820 · Podgorica | <0.1% | 78,585€ | +13.6% | 9,044€ | 11.5% | 2 | 856€ |
| 246 | Polino Sport02857057 · Herceg Novi | <0.1% | 77,874€ | -24.6% | -28,703€ | -36.9% | 7 | 435€ |
| 247 | Politbiro03411931 · Podgorica | <0.1% | 75,566€ | +32.5% | 7,848€ | 10.4% | 2 | 1,294€ |
| 248 | Kovtunov Books03651665 · Budva | <0.1% | 75,306€ | +201.0% | 48,241€ | 64.1% | 1 | 1,575€ |
| 249 | Jet Ski Montenegro03309916 · Podgorica | <0.1% | 74,967€ | +62.1% | -7,009€ | -9.3% | 3 | 452€ |
| 250 | Zara Igraonica03632121 · Podgorica | <0.1% | 74,593€ | +55.0% | -12,006€ | -16.1% | 5 | 782€ |