Revenue
22.9% of sector revenue
28 companies earned 14.01m€ in 2025, 22.9% of Education sector revenue. Revenue has grown 1.7× since 2015.
22.9% of sector revenue
3 with at most one employee
Largest employer: Mediteran (78)
Median company 4.6% · 64% 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
Employees and payroll cost per employee per month*
Ranked by total revenue · Showing 1–28 of 28
* 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 | 8,205,704€ | 23 |
| 2016 | 9,725,988€ | 25 |
| 2017 | 9,653,387€ | 26 |
| 2018 | 9,699,074€ | 27 |
| 2019 | 9,732,499€ | 27 |
| 2020 | 9,091,920€ | 29 |
| 2021 | 10,724,355€ | 29 |
| 2022 | 11,712,495€ | 29 |
| 2023 | 13,079,907€ | 28 |
| 2024 | 13,356,614€ | 28 |
| 2025 (Preliminary) | 14,005,983€ | 28 |
9.7% |
| 1,352,048€ |
| -4.0% |
| 7,409€ |
| 0.5% |
| 25 |
| 2,824€ |
| 3 | Fakultet za Poslovni Menadžment02425769 · Bar | 8.8% | 1,232,616€ | +3.9% | 217,321€ | 17.6% | 11 | 3,105€ |
| 4 | Fakultet za Pomorstvo i Turizam Bar02864096 · Bar | 7.1% | 998,942€ | +2.0% | 80,066€ | 8.0% | 12 | 3,779€ |
| 5 | Fakultet za Međunarodnu Ekonomiju, Finansije i Biznis Podgorica02652382 · Podgorica | 6.3% | 889,007€ | +4.9% | 113,420€ | 12.8% | 10 | 2,674€ |
| 6 | Fakultet Primijenjene Nauke03077276 · Podgorica | 5.8% | 818,517€ | +4.2% | 58,121€ | 7.1% | 13 | 2,789€ |
| 7 | Fakultet za Poslovnu Ekonomiju i Pravo02742969 · Bar | 5.2% | 730,498€ | -3.6% | 190,894€ | 26.1% | 13 | 2,610€ |
| 8 | Fakultet Pravnih Nauka Podgorica02651882 · Podgorica | 4.9% | 688,528€ | +7.6% | -14,262€ | -2.1% | 14 | 1,695€ |
| 9 | Fakultet za Informacione Sisteme i Tehnologije Podgorica02717450 · Podgorica | 4.8% | 665,292€ | +17.0% | 20,797€ | 3.1% | 8 | 2,826€ |
| 10 | Fakultet za Kulturu i Turizam02981777 · Podgorica | 4.0% | 556,036€ | -7.0% | 26,554€ | 4.8% | 9 | 2,196€ |
| 11 | Fakultet Humanističke Studije Podgorica02692112 · Podgorica | 4.0% | 553,923€ | +12.1% | 4,599€ | 0.8% | 11 | 1,876€ |
| 12 | Fakultet za Mediteranske Poslovne Studije, Tivat02742128 · Tivat | 3.8% | 537,707€ | +15.7% | 44,511€ | 8.3% | 11 | 2,785€ |
| 13 | Fakultet za Dizajn i Multimediju Podgorica02924323 · Podgorica | 3.7% | 512,929€ | +14.7% | 31,251€ | 6.1% | 13 | 1,946€ |
| 14 | Politehnika02815958 · Podgorica | 3.3% | 459,320€ | +11.9% | 65,715€ | 14.3% | 7 | 2,322€ |
| 15 | Fakultet za Menadžment02741440 · Herceg Novi | 3.0% | 420,938€ | -2.9% | 19,422€ | 4.6% | 8 | 3,064€ |
| 16 | 2.5% | 345,295€ | +14.8% | 52,417€ | 15.2% | 6 | 2,704€ |
| 17 | Fakultet Slobodnih Umjetnosti i Nauka Budva03502244 · Budva | 2.2% | 309,872€ | +160.1% | 25,586€ | 8.3% | 9 | 1,041€ |
| 18 | 2.0% | 280,195€ | +3.3% | -90,520€ | -32.3% | 14 | 1,841€ |
| 19 | Filološki Fakultet Podgorica03077292 · Podgorica | 1.7% | 234,479€ | +18.7% | -735€ | -0.3% | 6 | 1,689€ |
| 20 | Fakultet za Biznis i Turizam Budva02744295 · Budva | 1.6% | 219,282€ | +4.7% | 3,328€ | 1.5% | 8 | 1,460€ |
| 21 | Visoka Medicinska Škola Iceps03375790 · Kotor | 1.0% | 143,479€ | +218.8% | 10,569€ | 7.4% | 4 | 1,736€ |
| 22 | Fakultet za Sportski Menadžment Podgorica02913453 · Podgorica | 1.0% | 139,286€ | +10.5% | -6,060€ | -4.4% | 5 | 1,830€ |
| 23 | Fakultet Umjetnosti02746620 · Podgorica | 0.8% | 109,906€ | +15.7% | -7,140€ | -6.5% | 5 | 1,848€ |
| 24 | 0.8% | 105,305€ | -16.1% | 25,490€ | 24.2% | 4 | 1,311€ |
| 25 | Univerzitet Adriatik03104257 · Bar | 0.2% | 32,000€ | +32.2% | 0€ | 0.0% | 2 | 869€ |
| 26 | Fakultet za Državne i Evropske Studije - Podgorica02433346 · Podgorica | 0.1% | 20,090€ | -65.7% | -23,581€ | -117.4% | 1 | 2,956€ |
| 27 | <0.1% | 720€ | -82.2% | -15,662€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 725€ |
| 28 | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -1€ | — | 1 | — |