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 251–300 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* |
|---|
| 251 | Schoolgarden03479056 · Bar | <0.1% | 15,117€ | -27.7% | -4,987€ | -33.0% | 1 | 1,605€ |
| 252 | Antra03483380 · Podgorica | <0.1% | 14,850€ | -27.3% | 211€ | 1.4% | 1 | 1,072€ |
| 253 | Bus02861500 · Bijelo Polje | <0.1% | 14,819€ | -4.1% | -1,343€ | -9.1% | 1 | 1,336€ |
| 254 | La Scala03404200 · Podgorica | <0.1% | 14,670€ | +11.3% | 1,110€ | 7.6% | 1 | 325€ |
| 255 | Alterra03018946 · Budva | <0.1% | 14,475€ | +362.9% | -978€ | -6.8% | 1 | 832€ |
| 256 | Šarm Academy03174883 · Podgorica | <0.1% | 14,399€ | +62.4% | 66€ | 0.5% | 1 | 431€ |
| 257 | <0.1% | 14,280€ | -47.1% | -6,572€ | -46.0% | 1 | 1,083€ | |
| 258 | Lingua Minds03563812 · Budva | <0.1% | 13,889€ | +24.7% | -1,886€ | -13.6% | 1 | 1,194€ |
| 259 | MG Education03742229 · Bar | <0.1% | 13,820€ | No filing for 2024. | 37€ | 0.3% | 2 | 457€ |
| 260 | Eduko Montesori03591921 · Nikšić | <0.1% | 13,570€ | +127.1% | 817€ | 6.0% | 1 | 647€ |
| 261 | Edukativni Centar Dvorište03673049 · Podgorica | <0.1% | 13,480€ | +620.9% | -2,497€ | -18.5% | 1 | 774€ |
| 262 | Humboltovo Društvo za Unapređenje Crnogorsko - Njemačke Kulturne Saradnje02906899 · Podgorica | <0.1% | 13,447€ | -22.4% | 0€ | 0.0% | 0 | — |
| 263 | Unahart03526194 · Cetinje | <0.1% | 12,845€ | +149.7% | 1,411€ | 11.0% | 1 | 926€ |
| 264 | Librum02914263 · Nikšić | <0.1% | 12,798€ | +26.5% | 72€ | 0.6% | 1 | 927€ |
| 265 | Stojan Cerović02047063 · Nikšić | <0.1% | 12,705€ | +11.6% | 10,083€ | 79.4% | 0 | — |
| 266 | Cov03681513 · Podgorica | <0.1% | 12,637€ | +66.0% | -1,065€ | -8.4% | 1 | 1,089€ |
| 267 | MY New Way03397238 · Bar | <0.1% | 12,550€ | +12.1% | -25€ | -0.2% | 1 | 926€ |
| 268 | Brainglish03573869 · Bar | <0.1% | 12,258€ | +215.6% | -511€ | -4.2% | 1 | 915€ |
| 269 | Photokids03487865 · Herceg Novi | <0.1% | 12,180€ | +61.1% | 1,106€ | 9.1% | 1 | 790€ |
| 270 | Photoblag03518949 · Herceg Novi | <0.1% | 12,011€ | +316.3% | 1,732€ | 14.4% | 1 | 680€ |
| 271 | Rezultatum03502295 · Herceg Novi | <0.1% | 11,733€ | +486.7% | -3,699€ | -31.5% | 1 | 1,096€ |
| 272 | Psintegrum03530493 · Podgorica | <0.1% | 11,722€ | -4.3% | -230€ | -2.0% | 1 | 922€ |
| 273 | Exist-Consult03697088 · Herceg Novi | <0.1% | 11,626€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -3,647€ | -31.4% | 1 | 929€ |
| 274 | Forum Mne03159221 · Podgorica | <0.1% | 11,359€ | +209.8% | 0€ | 0.0% | 1 | 938€ |
| 275 | Forum Mladi i Neformalna Edukacija03324389 · Podgorica | <0.1% | 11,359€ | +209.0% | 0€ | 0.0% | 1 | 938€ |
| 276 | Asocijacija za Konstruktivizam03648389 · Podgorica | <0.1% | 11,280€ | +63.5% | 106€ | 0.9% | 1 | 678€ |
| 277 | Mileva Lajović -Lalatović02001942 · Nikšić | <0.1% | 11,280€ | -29.8% | 6,675€ | 59.2% | 110 | — |
| 278 | Predicate03476413 · Bar | <0.1% | 11,200€ | +63.5% | 151€ | 1.3% | 1 | 916€ |
| 279 | Olga Golović02001969 · Nikšić | <0.1% | 10,674€ | +7.1% | 2,757€ | 25.8% | 0 | — |
| 280 | Shiloh Ministries02930439 · Bar | <0.1% | 10,555€ | -3.1% | -210€ | -2.0% | 1 | — |
| 281 | Nota-Academia03625834 · Podgorica | <0.1% | 10,430€ | +82.3% | 652€ | 6.3% | 1 | 678€ |
| 282 | Duet International Mind03306615 · Podgorica | <0.1% | 10,260€ | -30.6% | -2,153€ | -21.0% | 1 | 676€ |
| 283 | Tokmakova03459292 · Tivat | <0.1% | 10,260€ | +140.2% | -433€ | -4.2% | 1 | 749€ |
| 284 | Mcounts03504514 · Bar | <0.1% | 10,100€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 183€ | 1.8% | 1 | 678€ |
| 285 | Braća Labudović02002205 · Nikšić | <0.1% | 9,816€ | +12.9% | 3,699€ | 37.7% | 0 | — |
| 286 | Samima03643093 · Tivat | <0.1% | 9,747€ | +127.2% | -19,628€ | -201.4% | 2 | 625€ |
| 287 | Luka Simonović02001977 · Nikšić | <0.1% | 9,733€ | +10.5% | 3,361€ | 34.5% | 0 | — |
| 288 | Duna Academy03534278 · Podgorica | <0.1% | 9,672€ | +275.3% | -7,738€ | -80.0% | 2 | 691€ |
| 289 | Theater.Tochka03514200 · Herceg Novi | <0.1% | 9,561€ | -37.8% | -6,944€ | -72.6% | 1 | 622€ |
| 290 | Ski Škola Bjelasica03291456 · Kolašin | <0.1% | 9,388€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -7,448€ | -79.3% | 2 | 395€ |
| 291 | Ilija Kišić02008033 · Herceg Novi | <0.1% | 9,367€ | -54.2% | 8,013€ | 85.5% | 49 | — |
| 292 | Malac Genijalac03325954 · Podgorica | <0.1% | 9,261€ | -29.1% | -445€ | -4.8% | 2 | — |
| 293 | Akademija Market03483355 · Bar | <0.1% | 9,200€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 270€ | 2.9% | 1 | 677€ |
| 294 | Dob Wellness Institute03464814 · Bar | <0.1% | 8,808€ | +35.7% | -1,406€ | -16.0% | 1 | 675€ |
| 295 | Cantus03459241 · Bar | <0.1% | 8,650€ | -32.4% | -2,486€ | -28.7% | 1 | 922€ |
| 296 | Accolate03478513 · Bar | <0.1% | 8,250€ | +14.0% | 148€ | 1.8% | 1 | 670€ |
| 297 | Centar za Obrazovanje i Trening Budućnost03594475 · Podgorica | <0.1% | 8,200€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 4,269€ | 52.1% | 1 | — |
| 298 | Malac Genijalac Danilovgrad03696499 · Danilovgrad | <0.1% | 8,021€ | +457.0% | 990€ | 12.3% | 1 | — |
| 299 | Omnimonte03535738 · Budva | <0.1% | 8,000€ | +540.0% | -9,528€ | -119.1% | 2 | 677€ |
| 300 | Eduko Ulqin03688976 · Ulcinj | <0.1% | 7,975€ | +184.8% | -288€ | -3.6% | 1 | 565€ |