Revenue
0.3% of Montenegro's revenue
471 companies earned 61.13m€ in 2025, 0.3% of all company revenue in Montenegro. It ranks 16 of 18 sectors by revenue. Revenue has grown 3.5× since 2015.
0.3% of Montenegro's revenue
234 with at most one employee
Largest employer: Sergije Stanić (203)
Total profit: 1.48m€
Average per employee, not per company
Revenue in € million (bars) and filing companies (below), 2015–2025
| Year | Revenue | Companies |
|---|---|---|
| 2015 | 17,418,893€ | 147 |
| 2016 | 20,877,059€ | 156 |
| 2017 | 22,034,473€ | 168 |
| 2018 | 22,574,319€ | 189 |
| 2019 | 24,420,913€ | 226 |
| 2020 | 23,849,408€ | 244 |
| 2021 | 28,985,166€ | 274 |
| 2022 | 36,727,504€ | 342 |
| 2023 | 46,866,170€ | 402 |
| 2024 | 54,456,998€ | 440 |
| 2025 (Preliminary) | 61,129,031€ | 471 |
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 151–200 of 471
* 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 3 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* |
|---|
| 151 | Auto Škola Expert03727530 · Podgorica | <0.1% | 45,626€ | No filing for 2024. | 1,040€ | 2.3% | 5 | 472€ |
| 152 | Lavuk03614174 · Podgorica | <0.1% | 43,625€ | +130.9% | 2,535€ | 5.8% | 2 | 810€ |
| 153 | Dabetić02968053 · Berane | <0.1% | 43,027€ | +3.1% | 994€ | 2.3% | 2 | 1,484€ |
| 154 | Domaz02902087 · Nikšić | <0.1% | 42,917€ | -14.5% | 1,267€ | 3.0% | 6 | 395€ |
| 155 | Mitrović03120155 · Berane | <0.1% | 42,485€ | -2.6% | -3,088€ | -7.3% | 3 | 626€ |
| 156 | Gazela02168065 · Cetinje | <0.1% | 42,317€ | +99.2% | -607€ | -1.4% | 3 | 710€ |
| 157 | Teoestetika03609006 · Budva | <0.1% | 41,175€ | +4,848.9% | 3,548€ | 8.6% | 2 | 1,276€ |
| 158 | Autostart M03656870 · Budva | <0.1% | 40,560€ | +693.0% | 12,709€ | 31.3% | 2 | — |
| 159 | Clio02284103 · Bar | <0.1% | 40,310€ | +53.2% | 7,927€ | 19.7% | 1 | 1,607€ |
| 160 | Centar za Strane Jezike English Journal03612953 · Podgorica | <0.1% | 39,895€ | +86.8% | 1,394€ | 3.5% | 3 | 1,007€ |
| 161 | Hands4minds03468208 · Podgorica | <0.1% | 39,066€ | +44.9% | 1,199€ | 3.1% | 2 | 868€ |
| 162 | Zarubica Company02365936 · Nikšić | <0.1% | 38,679€ | -67.9% | 7,745€ | 20.0% | 2 | 657€ |
| 163 | Studio Linea Language Centre03471977 · Bar | <0.1% | 37,860€ | +21.7% | -3,067€ | -8.1% | 3 | 840€ |
| 164 | Reli02454297 · Plav | <0.1% | 37,404€ | +37.3% | 1,469€ | 3.9% | 3 | 792€ |
| 165 | Javna Ustanova Gimnazija - Kotor02387948 · Kotor | <0.1% | 37,175€ | +3.1% | 32,636€ | 87.8% | 0 | — |
| 166 | Laguna02345439 · Podgorica | <0.1% | 36,965€ | +49.3% | 10,345€ | 28.0% | 1 | 678€ |
| 167 | Orange Art03429326 · Tivat | <0.1% | 36,677€ | +13.9% | 790€ | 2.2% | 2 | 830€ |
| 168 | Otarija03176835 · Mojkovac | <0.1% | 36,147€ | -24.3% | -7,594€ | -21.0% | 2 | 1,568€ |
| 169 | Zebra02131862 · Bijelo Polje | <0.1% | 36,137€ | +1.8% | 1,561€ | 4.3% | 4 | 425€ |
| 170 | Ponte Linguistico03519856 · Bar | <0.1% | 36,086€ | +28.3% | -1,726€ | -4.8% | 3 | 908€ |
| 171 | Školica03277216 · Podgorica | <0.1% | 36,015€ | +54.1% | 5,187€ | 14.4% | 3 | 568€ |
| 172 | Educo MG03322742 · Podgorica | <0.1% | 35,614€ | +5.2% | 135€ | 0.4% | 3 | 623€ |
| 173 | P.R.A. Poslovna Škola za Public Relations02353423 · Herceg Novi | <0.1% | 35,450€ | -68.1% | 2,562€ | 7.2% | 1 | 2,447€ |
| 174 | Start03022013 · Podgorica | <0.1% | 35,025€ | -4.7% | 1,789€ | 5.1% | 1 | 1,403€ |
| 175 | Obrazovni Centar Speak and Spell03681246 · Nikšić | <0.1% | 34,952€ | +222.4% | 771€ | 2.2% | 4 | 671€ |
| 176 | Bridge Learning Centre03199983 · Bar | <0.1% | 34,635€ | +26.4% | 3,373€ | 9.7% | 1 | 1,748€ |
| 177 | Vector Mne03559521 · Herceg Novi | <0.1% | 34,521€ | +410.7% | -29,803€ | -86.3% | 6 | 764€ |
| 178 | Mil School03668380 · Podgorica | <0.1% | 34,219€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -28,455€ | -83.2% | 3 | 731€ |
| 179 | Topolino DS03597563 · Podgorica | <0.1% | 33,603€ | +59.8% | 5,035€ | 15.0% | 2 | 521€ |
| 180 | Univerzitet Adriatik03104257 · Bar | <0.1% | 32,000€ | +32.2% | 0€ | 0.0% | 2 | 869€ |
| 181 | Gas02134012 · Bijelo Polje | <0.1% | 31,986€ | +13.4% | -5,064€ | -15.8% | 3 | 432€ |
| 182 | Inara03562484 · Rožaje | <0.1% | 31,839€ | +52.8% | 6,715€ | 21.1% | 3 | 658€ |
| 183 | Eduko Crna Gora03577678 · Podgorica | <0.1% | 31,680€ | +61.1% | 1,678€ | 5.3% | 1 | 2,400€ |
| 184 | Speak and Spell03336450 · Nikšić | <0.1% | 31,456€ | +5.0% | 376€ | 1.2% | 4 | 576€ |
| 185 | Feleć03223647 · Rožaje | <0.1% | 30,928€ | +67.0% | -7,618€ | -24.6% | 2 | 988€ |
| 186 | Bux Start03345823 · Bijelo Polje | <0.1% | 30,737€ | -4.2% | -9,890€ | -32.2% | 2 | 1,347€ |
| 187 | Crnogorski Edukativni Centar03236366 · Podgorica | <0.1% | 30,227€ | -38.3% | 667€ | 2.2% | 2 | 825€ |
| 188 | Organizator Obrazovanja Odraslih - Zoran03722040 · Podgorica | <0.1% | 29,850€ | No filing for 2024. | 3,288€ | 11.0% | 1 | 1,300€ |
| 189 | Auto Škola D&S03656390 · Budva | <0.1% | 29,702€ | +133.7% | -633€ | -2.1% | 2 | 802€ |
| 190 | Dječiji Svijet Produženi Boravak03646238 · Podgorica | <0.1% | 29,615€ | +141.6% | -15,480€ | -52.3% | 7 | — |
| 191 | Pekani03538141 · Podgorica | <0.1% | 29,529€ | +7.8% | -546€ | -1.8% | 2 | 817€ |
| 192 | Humboldt Gesellschaft02973260 · Podgorica | <0.1% | 29,479€ | -37.1% | -2,948€ | -10.0% | 1 | 1,166€ |
| 193 | Small Steps03571513 · Podgorica | <0.1% | 29,315€ | -0.9% | -3,418€ | -11.7% | 1 | 869€ |
| 194 | Asset-Academy03410544 · Herceg Novi | <0.1% | 28,918€ | +34.0% | 3,292€ | 11.4% | 1 | 868€ |
| 195 | Centar za Obrazovanje i Odgoj Don Bosko02655446 · Podgorica | <0.1% | 28,150€ | +34.4% | 1,546€ | 5.5% | 2 | 1,016€ |
| 196 | Advanced03384713 · Podgorica | <0.1% | 27,957€ | +16.1% | 349€ | 1.2% | 2 | 1,089€ |
| 197 | Lucky Driver02967995 · Nikšić | <0.1% | 27,889€ | -36.6% | -20,761€ | -74.4% | 5 | 540€ |
| 198 | Organizator Obrazovanja Odraslih Edukativni Centar MMK03447073 · Bar | <0.1% | 27,829€ | +29.4% | 12,719€ | 45.7% | 1 | 1,150€ |
| 199 | Signal02034085 · Podgorica | <0.1% | 27,701€ | +0.0% | 5,386€ | 19.4% | 1 | 920€ |
| 200 | Sinapsa03174298 · Podgorica | <0.1% | 27,592€ | -19.5% | 2,552€ | 9.2% | 2 | 522€ |