Revenue
6.1% of sector revenue
135 companies earned 3.73m€ in 2025, 6.1% of Education sector revenue. Revenue has grown 217.6× since 2015.
6.1% of sector revenue
86 with at most one employee
Largest employer: Adriatic Open (21)
Median company -5.6% · 36% profitable
Average per employee, not per company
Revenue in € million (bars) and filing companies (below), 2015–2025
Employees and payroll cost per employee per month*
Ranked by total revenue · Showing 51–100 of 135
* 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 →
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 | 17,126€ | 5 |
| 2016 | 108,249€ | 7 |
| 2017 | 233,486€ | 8 |
| 2018 | 229,416€ | 9 |
| 2019 | 232,042€ | 16 |
| 2020 | 259,334€ | 24 |
| 2021 | 455,950€ | 33 |
| 2022 | 854,597€ | 64 |
| 2023 | 1,699,968€ | 108 |
| 2024 | 2,880,079€ | 124 |
| 2025 (Preliminary) | 3,726,984€ | 135 |
The number of companies jumped most in 2023: from 64 to 108.
0.4% |
| 16,749€ |
| +149.7% |
| 1,815€ |
| 10.8% |
| 1 |
| 516€ |
| 53 | Viline Pričalice03628256 · Podgorica | 0.4% | 16,560€ | +5.9% | 45€ | 0.3% | 1 | 993€ |
| 54 | Red Panda03590941 · Herceg Novi | 0.4% | 15,874€ | -33.9% | -9,824€ | -61.9% | 2 | 678€ |
| 55 | Schoolgarden03479056 · Bar | 0.4% | 15,117€ | -27.7% | -4,987€ | -33.0% | 1 | 1,605€ |
| 56 | Antra03483380 · Podgorica | 0.4% | 14,850€ | -27.3% | 211€ | 1.4% | 1 | 1,072€ |
| 57 | Lingua Minds03563812 · Budva | 0.4% | 13,889€ | +24.7% | -1,886€ | -13.6% | 1 | 1,194€ |
| 58 | MG Education03742229 · Bar | 0.4% | 13,820€ | No filing for 2024. | 37€ | 0.3% | 2 | 457€ |
| 59 | Eduko Montesori03591921 · Nikšić | 0.4% | 13,570€ | +127.1% | 817€ | 6.0% | 1 | 647€ |
| 60 | Unahart03526194 · Cetinje | 0.3% | 12,845€ | +149.7% | 1,411€ | 11.0% | 1 | 926€ |
| 61 | Photoblag03518949 · Herceg Novi | 0.3% | 12,011€ | +316.3% | 1,732€ | 14.4% | 1 | 680€ |
| 62 | Rezultatum03502295 · Herceg Novi | 0.3% | 11,733€ | +486.7% | -3,699€ | -31.5% | 1 | 1,096€ |
| 63 | Psintegrum03530493 · Podgorica | 0.3% | 11,722€ | -4.3% | -230€ | -2.0% | 1 | 922€ |
| 64 | Exist-Consult03697088 · Herceg Novi | 0.3% | 11,626€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -3,647€ | -31.4% | 1 | 929€ |
| 65 | Forum Mne03159221 · Podgorica | 0.3% | 11,359€ | +209.8% | 0€ | 0.0% | 1 | 938€ |
| 66 | Asocijacija za Konstruktivizam03648389 · Podgorica | 0.3% | 11,280€ | +63.5% | 106€ | 0.9% | 1 | 678€ |
| 67 | Duet International Mind03306615 · Podgorica | 0.3% | 10,260€ | -30.6% | -2,153€ | -21.0% | 1 | 676€ |
| 68 | Tokmakova03459292 · Tivat | 0.3% | 10,260€ | +140.2% | -433€ | -4.2% | 1 | 749€ |
| 69 | Mcounts03504514 · Bar | 0.3% | 10,100€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 183€ | 1.8% | 1 | 678€ |
| 70 | Samima03643093 · Tivat | 0.3% | 9,747€ | +127.2% | -19,628€ | -201.4% | 2 | 625€ |
| 71 | Duna Academy03534278 · Podgorica | 0.3% | 9,672€ | +275.3% | -7,738€ | -80.0% | 2 | 691€ |
| 72 | Theater.Tochka03514200 · Herceg Novi | 0.3% | 9,561€ | -37.8% | -6,944€ | -72.6% | 1 | 622€ |
| 73 | Malac Genijalac03325954 · Podgorica | 0.2% | 9,261€ | -29.1% | -445€ | -4.8% | 2 | — |
| 74 | Cantus03459241 · Bar | 0.2% | 8,650€ | -32.4% | -2,486€ | -28.7% | 1 | 922€ |
| 75 | Malac Genijalac Danilovgrad03696499 · Danilovgrad | 0.2% | 8,021€ | +457.0% | 990€ | 12.3% | 1 | — |
| 76 | Omnimonte03535738 · Budva | 0.2% | 8,000€ | +540.0% | -9,528€ | -119.1% | 2 | 677€ |
| 77 | Eduko Ulqin03688976 · Ulcinj | 0.2% | 7,975€ | +184.8% | -288€ | -3.6% | 1 | 565€ |
| 78 | Daria English03462056 · Podgorica | 0.2% | 7,900€ | +135.8% | -3,430€ | -43.4% | 1 | 930€ |
| 79 | Lisica Baby Club03433536 · Bar | 0.2% | 7,850€ | +647.6% | -438€ | -5.6% | 1 | 686€ |
| 80 | Maršmelou03619362 · Podgorica | 0.2% | 7,740€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -13,532€ | -174.8% | 2 | 802€ |
| 81 | Metodikus03276082 · Nikšić | 0.2% | 6,530€ | +179.1% | 357€ | 5.5% | 1 | 471€ |
| 82 | Salveo Monte03370534 · Budva | 0.2% | 6,477€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -1,848€ | -28.5% | 1 | 674€ |
| 83 | Sunway Monte03370569 · Budva | 0.2% | 6,367€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -1,969€ | -30.9% | 1 | 674€ |
| 84 | Scriptivo03758826 · Podgorica | 0.2% | 6,210€ | No filing for 2024. | -1,751€ | -28.2% | 1 | 597€ |
| 85 | Artlab Studio03747891 · Tivat | 0.2% | 5,730€ | No filing for 2024. | -5,385€ | -94.0% | 1 | 488€ |
| 86 | Potok Zhizni03689301 · Herceg Novi | 0.1% | 5,150€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,235€ | -159.9% | 2 | 450€ |
| 87 | Publishing Project03381439 · Herceg Novi | 0.1% | 5,120€ | +532.1% | -3,557€ | -69.5% | 1 | 680€ |
| 88 | Art Discovery03744019 · Kotor | 0.1% | 4,666€ | No filing for 2024. | -2,758€ | -59.1% | 1 | 577€ |
| 89 | Wolfram Edukacija03780015 · Podgorica | 0.1% | 3,907€ | No filing for 2024. | 445€ | 11.4% | 1 | — |
| 90 | Mentorial03784266 · Podgorica | 0.1% | 3,805€ | No filing for 2024. | 637€ | 16.7% | 1 | — |
| 91 | Litlle School03764516 · Podgorica | <0.1% | 3,427€ | No filing for 2024. | -18,131€ | -529.1% | 3 | — |
| 92 | Monteactiv03546918 · Podgorica | <0.1% | 3,355€ | +459.2% | -6,011€ | -179.2% | 1 | 678€ |
| 93 | Burnout Consult03531619 · Bar | <0.1% | 3,164€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -225€ | -7.1% | 1 | — |
| 94 | Nadina Company03536513 · Bar | <0.1% | 3,020€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,978€ | -297.3% | 1 | 926€ |
| 95 | Smart Kids Centar03758141 · Podgorica | <0.1% | 2,900€ | No filing for 2024. | -2,288€ | -78.9% | 0 | — |
| 96 | CRRR Đurović03689808 · Podgorica | <0.1% | 2,860€ | +450.0% | -6,184€ | -216.2% | 1 | 678€ |
| 97 | Kreativna Radionica Maštoljupci03632822 · Herceg Novi | <0.1% | 2,851€ | -40.3% | -7,893€ | -276.9% | 1 | 692€ |
| 98 | M-Power03381650 · Herceg Novi | <0.1% | 2,510€ | +213.8% | -7,181€ | -286.1% | 1 | 680€ |
| 99 | Joinx Hub03407373 · Podgorica | <0.1% | 2,495€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -23,532€ | -943.2% | 1 | 1,000€ |
| 100 | DV Petrov03448215 · Bar | <0.1% | 2,360€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -5,983€ | -253.5% | 1 | 670€ |