Revenue
35.0% of sector revenue
147 companies earned 42.48m€ in 2025, 35.0% of Health & social care sector revenue. Revenue has grown 9.2× since 2015.
35.0% of sector revenue
13 with at most one employee
Largest employer: Moj Lab (138)
Median company 3.4% · 72% profitable
Average per employee, not per company
Revenue in € million (bars) and filing companies (below), 2015–2025
Revenue change vs 2024, companies with at least 1m€ that year
Ranked by total revenue · Showing 1–50 of 147
* 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 | 4,627,263€ | 87 |
| 2016 | 5,556,913€ | 98 |
| 2017 | 7,090,580€ | 108 |
| 2018 | 9,252,590€ | 115 |
| 2019 | 10,690,423€ | 119 |
| 2020 | 12,233,177€ | 128 |
| 2021 | 24,347,275€ | 129 |
| 2022 | 23,750,025€ | 133 |
| 2023 | 28,990,781€ | 137 |
| 2024 | 35,770,639€ | 142 |
| 2025 (Preliminary) | 42,480,397€ | 147 |
Employees and payroll cost per employee per month*
8.5% |
| 3,593,327€ |
| +67.5% |
| 391,084€ |
| 10.9% |
| 41 |
| 4,126€ |
| 3 | Hipokrat03122620 · Podgorica | 5.2% | 2,218,897€ | +5.3% | 179,073€ | 8.1% | 46 | 2,371€ |
| 4 | Smart Med 103370054 · Podgorica | 4.6% | 1,934,563€ | +21.5% | 231,857€ | 12.0% | 31 | 2,522€ |
| 5 | A3 Medical Montenegro03540448 · Bar | 4.5% | 1,932,497€ | +23.5% | 218,251€ | 11.3% | 68 | 1,379€ |
| 6 | Milmedika02164230 · Podgorica | 4.3% | 1,821,157€ | +27.6% | 146,556€ | 8.0% | 49 | 1,973€ |
| 7 | Milmedika02983613 · Budva | 3.6% | 1,536,718€ | +10.0% | 302,531€ | 19.7% | 33 | 1,786€ |
| 8 | Diagnostica02688492 · Podgorica | 3.6% | 1,528,848€ | +12.1% | 150,270€ | 9.8% | 45 | 1,145€ |
| 9 | Poliklinika Filipović02422891 · Podgorica | 2.8% | 1,179,932€ | +51.2% | 74,883€ | 6.3% | 30 | 1,545€ |
| 10 | Natal02175061 · Podgorica | 2.5% | 1,056,098€ | +21.2% | 28,986€ | 2.7% | 33 | 1,385€ |
| 11 | Humana Reprodukcija02931761 · Budva | 2.4% | 1,032,585€ | +2.3% | 149,446€ | 14.5% | 11 | 2,247€ |
| 12 | Novi Standard03651428 · Bar | 2.3% | 990,907€ | +180.9% | 16,418€ | 1.7% | 28 | 1,319€ |
| 13 | Bona Lab - Prima02641003 · Podgorica | 1.6% | 679,642€ | -19.6% | -86,292€ | -12.7% | 24 | 1,091€ |
| 14 | Centar za Plastičnu i Estetsku Hirurgiju Medic A03243737 · Podgorica | 1.5% | 632,166€ | +13.8% | 11,567€ | 1.8% | 9 | 3,040€ |
| 15 | Luča Medical03394565 · Podgorica | 1.4% | 611,663€ | +36.3% | 168,560€ | 27.6% | 6 | 4,537€ |
| 16 | Naša Medicina03283275 · Podgorica | 1.4% | 610,380€ | +6.9% | 148,557€ | 24.3% | 19 | 1,328€ |
| 17 | Borović02821818 · Podgorica | 1.3% | 531,215€ | +24.5% | 79,248€ | 14.9% | 18 | 848€ |
| 18 | Spa Medica02727528 · Podgorica | 1.1% | 481,251€ | +0.7% | 64,771€ | 13.5% | 8 | 976€ |
| 19 | Pat Lab03722538 · Podgorica | 0.9% | 376,242€ | No filing for 2024. | 137,714€ | 36.6% | 0 | — |
| 20 | Rezidencija Zdravlja - Kerber02879298 · Podgorica | 0.9% | 365,795€ | +17.4% | 63,641€ | 17.4% | 8 | 1,439€ |
| 21 | Stojanović Medical03340333 · Berane | 0.8% | 354,172€ | +8.6% | 58,865€ | 16.6% | 13 | 848€ |
| 22 | Feniks Medika03105482 · Podgorica | 0.8% | 332,544€ | +7.7% | 4,740€ | 1.4% | 12 | 1,383€ |
| 23 | Normedica02990946 · Herceg Novi | 0.7% | 293,470€ | +11.3% | 6,105€ | 2.1% | 9 | 1,806€ |
| 24 | Kardio Lab02970384 · Podgorica | 0.7% | 293,256€ | +31.9% | 66,786€ | 22.8% | 11 | 1,017€ |
| 25 | Da Vinci Med03331075 · Podgorica | 0.7% | 281,978€ | +52.5% | 40,409€ | 14.3% | 8 | 915€ |
| 26 | Mansa Medica02217384 · Tivat | 0.6% | 274,853€ | -0.7% | 12,084€ | 4.4% | 11 | 1,068€ |
| 27 | DR Jovović02265354 · Podgorica | 0.6% | 261,419€ | +8.0% | 78,792€ | 30.1% | 11 | 920€ |
| 28 | Ordinacija Bralić02915910 · Rožaje | 0.5% | 228,202€ | +6.1% | 38,584€ | 16.9% | 15 | 936€ |
| 29 | Nikčević02422549 · Nikšić | 0.5% | 228,197€ | +21.8% | 20,522€ | 9.0% | 16 | 766€ |
| 30 | Oftalens DR Koturović02437708 · Podgorica | 0.5% | 215,515€ | +73.4% | 110,001€ | 51.0% | 2 | 1,117€ |
| 31 | Primus Medical02892405 · Podgorica | 0.5% | 213,440€ | -1.9% | 578€ | 0.3% | 5 | 1,507€ |
| 32 | Doktorica Mica02395134 · Podgorica | 0.5% | 202,478€ | +13.8% | 36,372€ | 18.0% | 5 | 1,820€ |
| 33 | Moj Doktor03173364 · Nikšić | 0.5% | 197,820€ | +15.6% | 11,657€ | 5.9% | 5 | 2,048€ |
| 34 | Vaše Zdravlje03337731 · Podgorica | 0.5% | 195,122€ | -8.3% | 19,648€ | 10.1% | 8 | 1,340€ |
| 35 | Bona Mente03085872 · Podgorica | 0.5% | 194,745€ | -4.4% | 13,706€ | 7.0% | 9 | 1,109€ |
| 36 | Nova Medicina Rada03089932 · Podgorica | 0.5% | 194,414€ | +14.2% | 21,141€ | 10.9% | 7 | 1,652€ |
| 37 | Nova Medic03320278 · Podgorica | 0.4% | 186,430€ | +23.8% | 1,259€ | 0.7% | 10 | 997€ |
| 38 | Sine Morbo02194309 · Podgorica | 0.4% | 183,008€ | +9.5% | 5,208€ | 2.8% | 11 | 956€ |
| 39 | Balans02871025 · Nikšić | 0.4% | 182,148€ | +13.4% | 88€ | 0.0% | 7 | 1,534€ |
| 40 | Medicus Plus02987759 · Podgorica | 0.4% | 176,398€ | +25.7% | 41,895€ | 23.8% | 5 | 1,686€ |
| 41 | Medical Centar Budva02954249 · Budva | 0.4% | 165,762€ | +5.5% | 6,614€ | 4.0% | 14 | 639€ |
| 42 | Aba Medica02726602 · Ulcinj | 0.4% | 164,594€ | -6.4% | -9,842€ | -6.0% | 6 | 1,177€ |
| 43 | DR Masoničić02847035 · Bar | 0.4% | 161,437€ | +7.5% | 137€ | 0.1% | 8 | 1,299€ |
| 44 | DR Prlja Medical02316307 · Podgorica | 0.4% | 158,939€ | -3.6% | 47,412€ | 29.8% | 6 | 959€ |
| 45 | Novi Cenex Medical03092704 · Podgorica | 0.4% | 150,670€ | +13.0% | -86,748€ | -57.6% | 11 | 890€ |
| 46 | Cardio Medic02777398 · Herceg Novi | 0.3% | 143,496€ | +10.8% | 3,902€ | 2.7% | 6 | 1,084€ |
| 47 | Biomedica02374919 · Bijelo Polje | 0.3% | 140,419€ | +16.4% | 5,794€ | 4.1% | 6 | 1,172€ |
| 48 | Bono Medica03591107 · Budva | 0.3% | 139,516€ | +171.8% | 16,379€ | 11.7% | 6 | 1,026€ |
| 49 | K- Med03459314 · Bar | 0.3% | 133,452€ | -24.7% | -7,871€ | -5.9% | 11 | 733€ |
| 50 | DR Nenezić03068978 · Podgorica | 0.3% | 130,483€ | +24.6% | 17,583€ | 13.5% | 5 | 919€ |