Revenue
1.9% of sector revenue
168 companies earned 8.56m€ in 2025, 1.9% of Arts & entertainment sector revenue. Revenue has grown 3.5× since 2015.
1.9% of sector revenue
130 with at most one employee
Largest employer: Lazy Mountain Media (9)
Median company 2.3% · 45% profitable
Average per employee, not per company
Revenue in € million (bars) and filing companies (below), 2015–2025
Employees and payroll cost per employee per month*
Ranked by total revenue · Showing 1–50 of 168
* 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 →
The activity title is the code's title in the KD 2010 classification (NACE Rev. 2), which applies to every year shown. The registry now shows titles from the new classification for the same codes, so titles can differ.
| Year | Revenue | Companies |
|---|---|---|
| 2015 | 2,438,386€ | 42 |
| 2016 | 2,756,527€ | 48 |
| 2017 | 2,258,844€ | 58 |
| 2018 | 2,853,802€ | 73 |
| 2019 | 3,648,949€ | 80 |
| 2020 | 3,654,751€ | 89 |
| 2021 | 3,483,913€ | 98 |
| 2022 | 5,083,292€ | 130 |
| 2023 | 6,664,839€ | 148 |
| 2024 | 7,090,882€ | 165 |
| 2025 (Preliminary) | 8,558,699€ | 168 |
The number of companies jumped most in 2022: from 98 to 130.
4.7% |
| 403,895€ |
| +7.0% |
| 42,102€ |
| 10.4% |
| 6 |
| 3,694€ |
| 3 | Lazy Mountain Media03210987 · Podgorica | 4.4% | 376,689€ | +75.8% | 51,894€ | 13.8% | 9 | 2,327€ |
| 4 | Live Production03024032 · Podgorica | 4.4% | 374,266€ | -8.3% | 35,636€ | 9.5% | 1 | 12,154€ |
| 5 | Crossmedia Agency02830248 · Podgorica | 4.1% | 353,587€ | +14.5% | 30,763€ | 8.7% | 3 | 1,937€ |
| 6 | MM Leisure Investments03534294 · Podgorica | 3.7% | 315,000€ | +503.8% | -159,073€ | -50.5% | 7 | 1,079€ |
| 7 | Media Solution03028054 · Podgorica | 3.4% | 293,318€ | -1.4% | 1,988€ | 0.7% | 4 | 2,280€ |
| 8 | Protos Film03387747 · Podgorica | 3.4% | 287,271€ | +215.6% | 3,765€ | 1.3% | 1 | 11,297€ |
| 9 | Fourth Wall Production03430472 · Podgorica | 2.9% | 247,706€ | +54.2% | 28,201€ | 11.4% | 1 | 11,474€ |
| 10 | Blackmountain Filmproduction and Marketing03390209 · Bar | 2.7% | 230,026€ | -14.2% | 8,763€ | 3.8% | 2 | 1,066€ |
| 11 | Code Blue Production03012522 · Podgorica | 2.6% | 222,639€ | +1,452.4% | 0€ | 0.0% | 1 | 11,023€ |
| 12 | Giggling Goat Production03290352 · Podgorica | 2.3% | 194,843€ | +201.1% | 4,422€ | 2.3% | 1 | 11,362€ |
| 13 | Al Awwal02432056 · Tuzi | 2.3% | 192,844€ | +19.3% | 15,864€ | 8.2% | 4 | 641€ |
| 14 | Atomic02933047 · Podgorica | 2.2% | 190,948€ | -12.9% | 20,763€ | 10.9% | 4 | 1,966€ |
| 15 | Easy Production03410226 · Podgorica | 1.9% | 160,208€ | +11.3% | 17,319€ | 10.8% | 1 | 4,662€ |
| 16 | LH Marketing03550273 · Budva | 1.7% | 141,952€ | +204.1% | 19,010€ | 13.4% | 1 | 1,984€ |
| 17 | Cezam Production03153100 · Podgorica | 1.6% | 136,877€ | +109.2% | 11,437€ | 8.4% | 1 | 7,569€ |
| 18 | Lexa-Miri Media03620751 · Podgorica | 1.4% | 119,381€ | +146.1% | 2,015€ | 1.7% | 2 | 3,970€ |
| 19 | Videa Production03196119 · Podgorica | 1.2% | 105,046€ | -15.3% | 11,687€ | 11.1% | 2 | 1,438€ |
| 20 | Fabrika Ideja Multimedija03288200 · Podgorica | 1.2% | 100,086€ | +4.3% | 1,915€ | 1.9% | 1 | 6,649€ |
| 21 | Medialab03253589 · Budva | 1.1% | 97,593€ | +66.2% | 26,184€ | 26.8% | 3 | 966€ |
| 22 | Meander Film03075575 · Nikšić | 1.1% | 97,488€ | -7.0% | 661€ | 0.7% | 1 | 544€ |
| 23 | Philemon03343456 · Cetinje | 1.1% | 94,847€ | -9.1% | 43,953€ | 46.3% | 3 | 986€ |
| 24 | Red Production02438780 · Kotor | 1.1% | 93,920€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -98,942€ | -105.3% | 1 | 943€ |
| 25 | Reklame Svijet02185563 · Herceg Novi | 1.0% | 88,522€ | -26.8% | -39,207€ | -44.3% | 3 | 483€ |
| 26 | Vissoco Studio03561941 · Podgorica | 1.0% | 87,009€ | +127.8% | 2,095€ | 2.4% | 1 | 2,949€ |
| 27 | Mediaforce03449416 · Podgorica | 0.9% | 80,900€ | +464.0% | 9,101€ | 11.2% | 1 | 5,234€ |
| 28 | Aba Film03161820 · Podgorica | 0.9% | 78,585€ | +13.6% | 9,044€ | 11.5% | 2 | 856€ |
| 29 | Politbiro03411931 · Podgorica | 0.9% | 75,566€ | +32.5% | 7,848€ | 10.4% | 2 | 1,294€ |
| 30 | A Production03119688 · Podgorica | 0.9% | 73,334€ | -10.3% | 3,908€ | 5.3% | 1 | 1,857€ |
| 31 | Dok Produkcija03275540 · Podgorica | 0.9% | 73,279€ | +68.3% | 2,025€ | 2.8% | 2 | 1,567€ |
| 32 | Artikulacija Film02396734 · Podgorica | 0.8% | 72,561€ | -73.5% | 9,382€ | 12.9% | 1 | 2,164€ |
| 33 | Far Produkcija02863626 · Podgorica | 0.8% | 72,182€ | +165.3% | 26,293€ | 36.4% | 1 | 2,638€ |
| 34 | Taurus Production03028291 · Podgorica | 0.8% | 69,088€ | +212.1% | 3,440€ | 5.0% | 1 | 4,076€ |
| 35 | Bane Films03685896 · Podgorica | 0.8% | 67,703€ | +589.4% | 3,821€ | 5.6% | 1 | 1,961€ |
| 36 | Rapid PG03494667 · Podgorica | 0.8% | 65,909€ | +354.0% | 4,286€ | 6.5% | 1 | 637€ |
| 37 | Mimesis03118533 · Podgorica | 0.8% | 65,885€ | +145.3% | 645€ | 1.0% | 1 | 3,654€ |
| 38 | Job Solutions & Media03638260 · Podgorica | 0.7% | 63,555€ | +954.7% | 17,808€ | 28.0% | 1 | 1,531€ |
| 39 | Kino03184480 · Podgorica | 0.7% | 58,599€ | +72.8% | 7,326€ | 12.5% | 1 | 2,258€ |
| 40 | Montenegro Extreme Production03466850 · Podgorica | 0.6% | 53,510€ | +44.4% | 4,138€ | 7.7% | 1 | 1,908€ |
| 41 | Makina03320880 · Cetinje | 0.6% | 53,132€ | +12.4% | -2,946€ | -5.5% | 2 | 1,989€ |
| 42 | Ardor Films03086658 · Podgorica | 0.6% | 51,840€ | +25.2% | -12,007€ | -23.2% | 1 | 636€ |
| 43 | Creativehub03634604 · Podgorica | 0.6% | 51,151€ | +704.3% | 1,813€ | 3.5% | 2 | 1,971€ |
| 44 | Bitter Frames Production03084086 · Podgorica | 0.6% | 48,780€ | -25.0% | 10,326€ | 21.2% | 1 | — |
| 45 | Galileo Production02811073 · Podgorica | 0.6% | 48,721€ | -69.2% | 16,133€ | 33.1% | 2 | 716€ |
| 46 | Art Container03330818 · Podgorica | 0.6% | 47,740€ | +175.8% | 2,613€ | 5.5% | 1 | — |
| 47 | Markus Media03166414 · Podgorica | 0.6% | 47,106€ | +3.8% | 4,882€ | 10.4% | 0 | — |
| 48 | Studio 503621839 · Podgorica | 0.5% | 44,886€ | +154.1% | 4,230€ | 9.4% | 1 | 2,499€ |
| 49 | CG News03344967 · Podgorica | 0.5% | 44,582€ | -5.1% | -1,753€ | -3.9% | 2 | 1,772€ |
| 50 | Pro Logic03027554 · Podgorica | 0.4% | 37,505€ | +38.9% | 4,690€ | 12.5% | 1 | 342€ |