Revenue
55.0% of Montenegro's revenue
12,148 companies earned 9.71b€ in 2025, 55.0% of all company revenue in Montenegro. It ranks 1 of 25 municipalities by revenue. Revenue has grown 2.7× since 2015.
55.0% of Montenegro's revenue
67.7 per 1,000 residents · Montenegro 57.3
Largest employer: Idea - CG (2,426)
Total profit: 748.64m€
Average per employee, not per company
Revenue in € million (bars) and filing companies (below), 2015–2025
| Year | Revenue | Companies |
|---|---|---|
| 2015 | 3,587,068,765€ | 5,044 |
| 2016 | 4,096,949,470€ | 5,487 |
| 2017 | 4,709,755,484€ | 6,109 |
| 2018 | 5,118,600,583€ | 6,927 |
| 2019 | 5,323,922,814€ | 7,518 |
| 2020 | 4,709,522,069€ | 8,027 |
| 2021 | 5,608,587,707€ | 8,567 |
| 2022 | 6,799,397,294€ | 9,638 |
| 2023 | 8,203,771,212€ | 11,057 |
| 2024 | 8,801,908,063€ | 11,952 |
| 2025 (Preliminary) | 9,708,565,989€ | 12,148 |
Companies are assigned to the municipality of their current seat for every year
Growth is measured on the same companies, which filed for both years.
Share of municipal revenue
Share in MontenegroRevenue change vs 2024, companies with at least 1m€ that year
Employees and payroll cost per employee per month*
Ranked by total revenue · Showing 51–100 of 850
* 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* |
|---|
| 51 | Codeus03091627 · Technology | <0.1% | 1,090,616€ | +43.0% | 172,632€ | 15.8% | 27 | 2,214€ |
| 52 | Infostream02408074 · Technology | <0.1% | 1,059,758€ | -11.9% | 194,942€ | 18.4% | 20 | 2,092€ |
| 53 | New Page03030881 · Technology | <0.1% | 1,059,715€ | +65.3% | 21,725€ | 2.1% | 7 | 2,519€ |
| 54 | Pos4.Me02955687 · Technology | <0.1% | 1,059,315€ | +21.0% | 59,215€ | 5.6% | 11 | 2,898€ |
| 55 | It Security03390063 · Technology | <0.1% | 1,045,665€ | -15.9% | 76,740€ | 7.3% | 3 | 2,756€ |
| 56 | Capvidia MN03421651 · Technology | <0.1% | 1,020,806€ | +7.0% | 8,509€ | 0.8% | 22 | 3,112€ |
| 57 | G5 Entertainment03421198 · Technology | <0.1% | 1,020,743€ | -70.1% | -210,041€ | -20.6% | 29 | 3,265€ |
| 58 | Telegroup03073203 · Technology | <0.1% | 953,847€ | +103.3% | 23,363€ | 2.4% | 7 | 2,070€ |
| 59 | Me - Net02683687 · Technology | <0.1% | 933,295€ | +0.7% | 646,812€ | 69.3% | 5 | 1,871€ |
| 60 | Ict Integracija03537846 · Technology | <0.1% | 883,696€ | +25.3% | 24,356€ | 2.8% | 3 | 2,863€ |
| 61 | Orion Telekom02768674 · Technology | <0.1% | 862,198€ | +26.3% | -268,043€ | -31.1% | 10 | 1,802€ |
| 62 | Holacode03416879 · Technology | <0.1% | 849,175€ | -23.8% | 1,130€ | 0.1% | 8 | 1,440€ |
| 63 | Coordinated Auction Office In South East Europe02890909 · Technology | <0.1% | 846,375€ | +13.2% | 45,947€ | 5.4% | 8 | 3,883€ |
| 64 | It Soul03028780 · Technology | <0.1% | 819,857€ | -41.2% | 49,135€ | 6.0% | 3 | 1,031€ |
| 65 | B-One03017087 · Technology | <0.1% | 809,065€ | -5.5% | 29,720€ | 3.7% | 19 | 1,996€ |
| 66 | Jox Mne03124398 · Technology | <0.1% | 808,990€ | +22.5% | 169,137€ | 20.9% | 13 | 1,120€ |
| 67 | Boka - Trans02930102 · Technology | <0.1% | 793,662€ | +11.9% | 121,404€ | 15.3% | 26 | 1,339€ |
| 68 | S2B02438925 · Technology | <0.1% | 775,088€ | +17.4% | 214,682€ | 27.7% | 18 | 1,753€ |
| 69 | Nova Aura03420922 · Technology | <0.1% | 757,283€ | +15.5% | 22,611€ | 3.0% | 24 | 1,576€ |
| 70 | Coremediq02206951 · Technology | <0.1% | 735,498€ | +16.0% | 251,305€ | 34.2% | 14 | 1,472€ |
| 71 | Circleblue03333612 · Technology | <0.1% | 734,827€ | -8.9% | 88,356€ | 12.0% | 1 | 771€ |
| 72 | Data Design02801566 · Technology | <0.1% | 702,847€ | -79.8% | 13,883€ | 2.0% | 32 | 1,073€ |
| 73 | GPS Montenegro03108511 · Technology | <0.1% | 688,258€ | +18.0% | 115,428€ | 16.8% | 11 | 1,608€ |
| 74 | BS Telecom Solutions03130827 · Technology | <0.1% | 685,208€ | -40.8% | 248,692€ | 36.3% | 4 | 1,196€ |
| 75 | Bujošević02441411 · Technology | <0.1% | 679,723€ | +38.9% | 268,859€ | 39.6% | 11 | 1,260€ |
| 76 | Kodio03191451 · Technology | <0.1% | 679,234€ | -72.3% | -1,094,652€ | -161.2% | 18 | 3,130€ |
| 77 | Alicorn03122123 · Technology | <0.1% | 644,249€ | +7.5% | 41,157€ | 6.4% | 15 | 2,032€ |
| 78 | Softnex03547671 · Technology | <0.1% | 608,523€ | +27.6% | 133,521€ | 21.9% | 8 | 3,755€ |
| 79 | Primatech02863782 · Technology | <0.1% | 600,635€ | +15.5% | 262,888€ | 43.8% | 6 | 1,216€ |
| 80 | Uhura Solutions03274357 · Technology | <0.1% | 595,912€ | +23.9% | 12,261€ | 2.1% | 10 | 2,125€ |
| 81 | Sitexs It - Solutions02870983 · Technology | <0.1% | 582,681€ | +293.1% | 16,989€ | 2.9% | 1 | 7,296€ |
| 82 | Edu Software Informatics03256642 · Technology | <0.1% | 581,457€ | -16.6% | -47,605€ | -8.2% | 27 | 1,575€ |
| 83 | Digitalden Hub03401251 · Technology | <0.1% | 579,829€ | -8.6% | 48,388€ | 8.3% | 5 | 2,657€ |
| 84 | CDM02882957 · Technology | <0.1% | 558,832€ | -5.5% | 43,024€ | 7.7% | 16 | 1,956€ |
| 85 | Penta Sistemi03385825 · Technology | <0.1% | 552,542€ | +376.6% | 83,105€ | 15.0% | 3 | 1,649€ |
| 86 | Siol02848155 · Technology | <0.1% | 544,448€ | +3.2% | 106,963€ | 19.6% | 1 | 956€ |
| 87 | Mbanq03030695 · Technology | <0.1% | 538,711€ | +37.8% | 20,938€ | 3.9% | 12 | 2,873€ |
| 88 | Montepass02882094 · Technology | <0.1% | 534,563€ | +14.6% | 303,162€ | 56.7% | 6 | 1,110€ |
| 89 | KBV Datacom03005534 · Technology | <0.1% | 522,744€ | +18.0% | 41,829€ | 8.0% | 5 | 1,254€ |
| 90 | Finagate02957418 · Technology | <0.1% | 521,095€ | +47.8% | 6,734€ | 1.3% | 6 | 6,676€ |
| 91 | SKY Express Montenegro03301923 · Technology | <0.1% | 512,187€ | +22.2% | 69,115€ | 13.5% | 2 | 2,035€ |
| 92 | Eurofast Solutions03496007 · Technology | <0.1% | 507,773€ | -28.2% | 22,722€ | 4.5% | 9 | 4,355€ |
| 93 | Plat03653617 · Technology | <0.1% | 493,250€ | +75.4% | 40,292€ | 8.2% | 2 | 1,646€ |
| 94 | M i M Production Montenegro03701280 · Technology | <0.1% | 480,608€ | +1,101.5% | -9,512€ | -2.0% | 9 | 1,622€ |
| 95 | Typeable03422534 · Technology | <0.1% | 473,971€ | -28.0% | 41,945€ | 8.8% | 1 | 927€ |
| 96 | PGS Agency02439565 · Technology | <0.1% | 466,404€ | -5.0% | -35,400€ | -7.6% | 5 | 1,604€ |
| 97 | Companywall03240592 · Technology | <0.1% | 459,098€ | +34.9% | 221,314€ | 48.2% | 1 | 1,797€ |
| 98 | <0.1% | 452,807€ | -23.7% | 0€ | 0.0% | 9 | 2,064€ | |
| 99 | NTS Int02772868 · Technology | <0.1% | 448,891€ | +19.0% | 128,040€ | 28.5% | 3 | 2,243€ |
| 100 | Software Products03433234 · Technology | <0.1% | 447,800€ | +220.3% | 47,526€ | 10.6% | 1 | 678€ |