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 201–250 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* |
|---|
| 201 | Sat Agency03272516 · Podgorica | <0.1% | 27,308€ | +70.7% | 13,851€ | 50.7% | 1 | 927€ |
| 202 | Malac Genijalac-Sveznalac03669858 · Pljevlja | <0.1% | 27,000€ | +198.3% | -245€ | -0.9% | 4 | 508€ |
| 203 | Kosmopolit Škola03532925 · Podgorica | <0.1% | 26,788€ | +91.8% | 3,402€ | 12.7% | 1 | 1,502€ |
| 204 | Mali Genije03321991 · Budva | <0.1% | 26,368€ | -13.1% | 409€ | 1.6% | 3 | 666€ |
| 205 | Start Smart03457508 · Pljevlja | <0.1% | 26,323€ | +308.8% | -587€ | -2.2% | 3 | 496€ |
| 206 | Malik-Agency For Intellectual Services03282996 · Podgorica | <0.1% | 25,856€ | -13.7% | 5,220€ | 20.2% | 1 | 1,275€ |
| 207 | Bilinguist Language School03649881 · Podgorica | <0.1% | 25,760€ | +253.2% | -27,852€ | -108.1% | 2 | 782€ |
| 208 | 2M Development03431550 · Podgorica | <0.1% | 25,270€ | +2.9% | 6,296€ | 24.9% | 1 | 589€ |
| 209 | VVV Vision03666247 · Cetinje | <0.1% | 24,975€ | +93.3% | -3,055€ | -12.2% | 3 | 487€ |
| 210 | Umjetnički Centar03465705 · Nikšić | <0.1% | 24,615€ | +26.3% | 5,813€ | 23.6% | 1 | 585€ |
| 211 | M&S Comerc03230821 · Rožaje | <0.1% | 24,498€ | +122.2% | -21,083€ | -86.1% | 2 | 1,507€ |
| 212 | Duga Ii02194511 · Rožaje | <0.1% | 23,950€ | +2.4% | -2,574€ | -10.7% | 2 | 675€ |
| 213 | Cognitus03337120 · Podgorica | <0.1% | 23,718€ | +274.5% | 8,198€ | 34.6% | 1 | 1,152€ |
| 214 | Sveznalica03151883 · Podgorica | <0.1% | 23,628€ | +37.6% | -3,929€ | -16.6% | 2 | 936€ |
| 215 | Lider02932741 · Zeta | <0.1% | 23,026€ | +47.9% | 3,657€ | 15.9% | 2 | 629€ |
| 216 | Backstage02935384 · Podgorica | <0.1% | 22,859€ | +30.6% | 3,054€ | 13.4% | 1 | 782€ |
| 217 | Centar za Jezik i Prevodilaštvo - Institut za Strane Jezike Podgorica03260356 · Podgorica | <0.1% | 22,725€ | -25.1% | -4,241€ | -18.7% | 1 | 1,844€ |
| 218 | Mala Bajka02938570 · Bar | <0.1% | 22,560€ | -4.3% | -3,387€ | -15.0% | 3 | 572€ |
| 219 | Abs02930854 · Plav | <0.1% | 21,448€ | +37.3% | -862€ | -4.0% | 3 | 515€ |
| 220 | Savremeni Razvojni Centar03742253 · Podgorica | <0.1% | 21,250€ | No filing for 2024. | 398€ | 1.9% | 2 | 778€ |
| 221 | College of Montenegro03439747 · Bar | <0.1% | 20,592€ | -29.2% | 1,686€ | 8.2% | 2 | 515€ |
| 222 | NK-Tech-202303598861 · Nikšić | <0.1% | 20,491€ | +17.4% | 6,041€ | 29.5% | 1 | 834€ |
| 223 | Centar za Edukacije BY Anja Cosmetics03408078 · Podgorica | <0.1% | 20,376€ | +1,166.4% | 1,319€ | 6.5% | 1 | 1,563€ |
| 224 | Žižart03611647 · Podgorica | <0.1% | 20,251€ | +129.7% | 1,927€ | 9.5% | 1 | 1,305€ |
| 225 | Fakultet za Državne i Evropske Studije - Podgorica02433346 · Podgorica | <0.1% | 20,090€ | -65.7% | -23,581€ | -117.4% | 1 | 2,956€ |
| 226 | Korak po Korak03541363 · Podgorica | <0.1% | 19,697€ | +30.3% | -3,029€ | -15.4% | 1 | 1,380€ |
| 227 | Springs Eye03276325 · Budva | <0.1% | 19,694€ | -35.8% | -10,129€ | -51.4% | 1 | 1,599€ |
| 228 | Boravko PG03450775 · Podgorica | <0.1% | 19,525€ | +2.0% | 108€ | 0.6% | 1 | 483€ |
| 229 | Mmpinfo03530132 · Bar | <0.1% | 19,176€ | -15.5% | 2,571€ | 13.4% | 1 | 1,184€ |
| 230 | Fokus Centar03661326 · Bar | <0.1% | 19,163€ | +109.9% | 2,991€ | 15.6% | 2 | — |
| 231 | Incifrix03424693 · Tivat | <0.1% | 18,747€ | +19.2% | -1,749€ | -9.3% | 1 | 678€ |
| 232 | Lucky Corner03334040 · Budva | <0.1% | 18,740€ | +80.3% | 532€ | 2.8% | 1 | 983€ |
| 233 | Peremena Robots03525350 · Budva | <0.1% | 18,683€ | +46.2% | 1,654€ | 8.9% | 1 | 930€ |
| 234 | Bora Sailing03518744 · Herceg Novi | <0.1% | 18,529€ | +1,269.5% | -7,350€ | -39.7% | 2 | 678€ |
| 235 | Strugar & Albijanić03044963 · Podgorica | <0.1% | 18,500€ | -45.4% | -5,331€ | -28.8% | 1 | 1,531€ |
| 236 | S&K Beauty03453006 · Podgorica | <0.1% | 18,497€ | +30.5% | 801€ | 4.3% | 1 | 828€ |
| 237 | Gradijent03625052 · Podgorica | <0.1% | 18,360€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,826€ | -15.4% | 2 | 802€ |
| 238 | Montessori Busy Bees03618579 · Podgorica | <0.1% | 18,085€ | +127.8% | 8,198€ | 45.3% | 1 | 749€ |
| 239 | Organizator Obrazovanja Odraslih Racc Educo03112519 · Bar | <0.1% | 17,868€ | +5.7% | 467€ | 2.6% | 2 | 419€ |
| 240 | Eduko Partner03593517 · Kotor | <0.1% | 17,810€ | +38.8% | 511€ | 2.9% | 1 | 339€ |
| 241 | English Club03659828 · Bar | <0.1% | 17,397€ | +89.5% | 2,427€ | 14.0% | 1 | 925€ |
| 242 | Eduko K&A03634841 · Bar | <0.1% | 16,749€ | +149.7% | 1,815€ | 10.8% | 1 | 516€ |
| 243 | London Bridge02741504 · Nikšić | <0.1% | 16,598€ | -60.5% | -2,197€ | -13.2% | 1 | 897€ |
| 244 | Viline Pričalice03628256 · Podgorica | <0.1% | 16,560€ | +5.9% | 45€ | 0.3% | 1 | 993€ |
| 245 | S&M Auto03371131 · Kolašin | <0.1% | 16,410€ | -5.1% | -1,417€ | -8.6% | 3 | 360€ |
| 246 | Fleš02315823 · Tivat | <0.1% | 16,361€ | -54.3% | -12,511€ | -76.5% | 3 | 477€ |
| 247 | Durmitor02863855 · Bijelo Polje | <0.1% | 16,137€ | -5.7% | -7,651€ | -47.4% | 3 | 633€ |
| 248 | Njegoš02004895 · Cetinje | <0.1% | 16,122€ | -27.4% | -330€ | -2.0% | 1 | 302€ |
| 249 | Kefalogiko03287165 · Bar | <0.1% | 15,975€ | +52.0% | 792€ | 5.0% | 1 | 344€ |
| 250 | Red Panda03590941 · Herceg Novi | <0.1% | 15,874€ | -33.9% | -9,824€ | -61.9% | 2 | 678€ |