Revenue
0.7% of Montenegro's revenue
613 companies earned 121.26m€ in 2025, 0.7% of all company revenue in Montenegro. It ranks 15 of 18 sectors by revenue. Revenue has grown 3.2× since 2015.
0.7% of Montenegro's revenue
100 with at most one employee
Largest employer: DR Simo Milošević (501)
Total profit: 13.80m€
Average per employee, not per company
Revenue in € million (bars) and filing companies (below), 2015–2025
| Year | Revenue | Companies |
|---|---|---|
| 2015 | 38,359,098€ | 392 |
| 2016 | 40,934,329€ | 416 |
| 2017 | 45,417,481€ | 440 |
| 2018 | 50,900,288€ | 467 |
| 2019 | 52,506,652€ | 480 |
| 2020 | 53,401,581€ | 513 |
| 2021 | 72,982,203€ | 524 |
| 2022 | 74,034,084€ | 553 |
| 2023 | 83,027,206€ | 577 |
| 2024 | 96,991,796€ | 596 |
| 2025 (Preliminary) | 121,257,602€ | 613 |
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 1–50 of 613
* 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 →
| Employees |
|---|
| Payroll cost/emp./mo* |
|---|
| 1 | DR Simo Milošević02008386 | 16.4% | 19,918,198€ | +78.6% | 6,532,958€ | 32.8% | 501 | 1,028€ |
| 2 | Institut za Javno Zdravlje Crne Gore02015340 · Podgorica | 8.2% | 9,890,512€ | +6.9% | 31,182€ | 0.3% | 254 | 1,754€ |
| 3 | Moj Lab03322246 · Podgorica | 7.2% | 8,688,830€ | +8.0% | 408,360€ | 4.7% | 138 | 2,299€ |
| 4 | Codra02340208 · Podgorica | 5.6% | 6,800,018€ | +11.1% | 568,008€ | 8.4% | 78 | 1,834€ |
| 5 | Poliklinika Milmedika03457036 · Nikšić | 3.0% | 3,593,327€ | +67.5% | 391,084€ | 10.9% | 41 | 4,126€ |
| 6 | Hipokrat03122620 · Podgorica | 1.8% | 2,218,897€ | +5.3% | 179,073€ | 8.1% | 46 | 2,371€ |
| 7 | Ars Medica02148293 · Podgorica | 1.8% | 2,137,355€ | +12.3% | 475,103€ | 22.2% | 56 | 1,147€ |
| 8 | Smart Med 103370054 · Podgorica | 1.6% | 1,934,563€ | +21.5% | 231,857€ | 12.0% | 31 | 2,522€ |
| 9 | A3 Medical Montenegro03540448 · Bar | 1.6% | 1,932,497€ | +23.5% | 218,251€ | 11.3% | 68 | 1,379€ |
| 10 | Milmedika02164230 · Podgorica | 1.5% | 1,821,157€ | +27.6% | 146,556€ | 8.0% | 49 | 1,973€ |
| 11 | Poliklinika Konzilijum03352064 · Podgorica | 1.5% | 1,767,022€ | +29.6% | 155,468€ | 8.8% | 32 | 2,760€ |
| 12 | A3 Medical Hospital03592600 · Bar | 1.3% | 1,618,337€ | +9.2% | 16,327€ | 1.0% | 41 | 2,195€ |
| 13 | DR Zejnilović02873516 · Bar | 1.3% | 1,583,177€ | +18.1% | 79,989€ | 5.1% | 27 | 1,892€ |
| 14 | Milmedika02983613 · Budva | 1.3% | 1,536,718€ | +10.0% | 302,531€ | 19.7% | 33 | 1,786€ |
| 15 | Diagnostica02688492 · Podgorica | 1.3% | 1,528,848€ | +12.1% | 150,270€ | 9.8% | 45 | 1,145€ |
| 16 | In Vitro02373831 · Podgorica | 1.1% | 1,343,805€ | +12.7% | 318,967€ | 23.7% | 19 | 1,168€ |
| 17 | Poliklinika Filipović02422891 · Podgorica | 1.0% | 1,179,932€ | +51.2% | 74,883€ | 6.3% | 30 | 1,545€ |
| 18 | Svjetlost03030709 · Budva | 0.9% | 1,087,119€ | +33.6% | 18,041€ | 1.7% | 5 | 4,509€ |
| 19 | Natal02175061 · Podgorica | 0.9% | 1,056,098€ | +21.2% | 28,986€ | 2.7% | 33 | 1,385€ |
| 20 | Laboratorija Smart Med03466353 · Podgorica | 0.9% | 1,047,167€ | +149.1% | 78,556€ | 7.5% | 17 | 1,991€ |
| 21 | Humana Reprodukcija02931761 · Budva | 0.9% | 1,032,585€ | +2.3% | 149,446€ | 14.5% | 11 | 2,247€ |
| 22 | Novi Standard03651428 · Bar | 0.8% | 990,907€ | +180.9% | 16,418€ | 1.7% | 28 | 1,319€ |
| 23 | Optimal02850222 · Podgorica | 0.8% | 989,814€ | +6.7% | 128,132€ | 12.9% | 14 | 3,019€ |
| 24 | Tesla Medical02998670 · Berane | 0.8% | 972,902€ | +86.1% | 19,646€ | 2.0% | 20 | 2,150€ |
| 25 | Mićunović Medical02434687 · Podgorica | 0.7% | 801,010€ | +36.6% | 123,810€ | 15.5% | 30 | 809€ |
| 26 | Bona Lab - Prima02641003 · Podgorica | 0.6% | 679,642€ | -19.6% | -86,292€ | -12.7% | 24 | 1,091€ |
| 27 | DR Medtim03094545 · Podgorica | 0.5% | 641,639€ | +2.3% | 83,560€ | 13.0% | 19 | 1,220€ |
| 28 | Centar za Plastičnu i Estetsku Hirurgiju Medic A03243737 · Podgorica | 0.5% | 632,166€ | +13.8% | 11,567€ | 1.8% | 9 | 3,040€ |
| 29 | Endorfin03336760 · Podgorica | 0.5% | 623,018€ | +31.9% | 121,012€ | 19.4% | 22 | 1,296€ |
| 30 | Luča Medical03394565 · Podgorica | 0.5% | 611,663€ | +36.3% | 168,560€ | 27.6% | 6 | 4,537€ |
| 31 | Naša Medicina03283275 · Podgorica | 0.5% | 610,380€ | +6.9% | 148,557€ | 24.3% | 19 | 1,328€ |
| 32 | DR Vuksanović02302659 · Bar | 0.5% | 573,804€ | -13.1% | 35,598€ | 6.2% | 14 | 1,405€ |
| 33 | Borović02821818 · Podgorica | 0.4% | 531,215€ | +24.5% | 79,248€ | 14.9% | 18 | 848€ |
| 34 | Spa Medica02727528 · Podgorica | 0.4% | 481,251€ | +0.7% | 64,771€ | 13.5% | 8 | 976€ |
| 35 | Dental Expert03348768 · Tivat | 0.4% | 463,760€ | +192.7% | 111,807€ | 24.1% | 13 | 879€ |
| 36 | LB Medical03491986 · Tivat | 0.4% | 446,961€ | +610.4% | 38,139€ | 8.5% | 9 | 3,052€ |
| 37 | Buntić02425548 · Bar | 0.4% | 435,033€ | +23.4% | 112,110€ | 25.8% | 13 | 788€ |
| 38 | Pat Lab03722538 · Podgorica | 0.3% | 376,242€ | No filing for 2024. | 137,714€ | 36.6% | 0 | — |
| 39 | V Dental Centar02786729 · Budva | 0.3% | 374,794€ | +9.5% | 33,131€ | 8.8% | 8 | 1,381€ |
| 40 | In Vitro Plus02840219 · Podgorica | 0.3% | 367,585€ | +9.9% | 102,735€ | 27.9% | 6 | 1,795€ |
| 41 | Rezidencija Zdravlja - Kerber02879298 · Podgorica | 0.3% | 365,795€ | +17.4% | 63,641€ | 17.4% | 8 | 1,439€ |
| 42 | Asta03553035 · Podgorica | 0.3% | 357,137€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 23,522€ | 6.6% | 3 | 969€ |
| 43 | Stojanović Medical03340333 · Berane | 0.3% | 354,172€ | +8.6% | 58,865€ | 16.6% | 13 | 848€ |
| 44 | Simpladent02943654 · Budva | 0.3% | 353,943€ | +48.7% | 119,963€ | 33.9% | 5 | 1,565€ |
| 45 | Feniks Medika03105482 · Podgorica | 0.3% | 332,544€ | +7.7% | 4,740€ | 1.4% | 12 | 1,383€ |
| 46 | Dental Protection02300761 · Podgorica | 0.3% | 319,266€ | +29.6% | 34,714€ | 10.9% | 12 | 1,061€ |
| 47 | Sirena02902877 · Ulcinj | 0.3% | 311,801€ | +18.1% | 82,696€ | 26.5% | 13 | 1,225€ |
| 48 | Prodent02702517 · Podgorica | 0.2% | 303,099€ | +11.5% | 10,510€ | 3.5% | 7 | 1,915€ |
| 49 | V Dental Centar02742837 · Podgorica | 0.2% | 297,838€ | +34.6% | -12,762€ | -4.3% | 10 | 597€ |
| 50 | M Dental Zečević03007219 · Budva | 0.2% | 294,727€ | +18.1% | 53,501€ | 18.2% | 9 | 1,069€ |