Revenue
4.3% of Montenegro's revenue
5,140 companies earned 754.04m€ in 2025, 4.3% of all company revenue in Montenegro. It ranks 7 of 18 sectors by revenue. Revenue has grown 2.9× since 2015.
4.3% of Montenegro's revenue
3,148 with at most one employee
Largest employer: Net Montenegro (605)
Total profit: 73.05m€
Average per employee, not per company
Revenue in € million (bars) and filing companies (below), 2015–2025
| Year | Revenue | Companies |
|---|---|---|
| 2015 | 260,465,104€ | 1,693 |
| 2016 | 282,295,144€ | 1,857 |
| 2017 | 297,746,589€ | 2,096 |
| 2018 | 355,444,030€ | 2,719 |
| 2019 | 389,657,902€ | 3,076 |
| 2020 | 379,713,011€ | 3,280 |
| 2021 | 460,416,960€ | 3,544 |
| 2022 | 481,963,069€ | 4,157 |
| 2023 | 573,319,896€ | 4,742 |
| 2024 | 663,861,015€ | 5,063 |
| 2025 (Preliminary) | 754,035,790€ | 5,140 |
The number of companies jumped most in 2018: from 2,096 to 2,719.
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 101–150 of 5,140
* 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 383 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* |
|---|
| 101 | Creative Group Aquarius02960966 · Podgorica | 0.2% | 1,208,291€ | +9.8% | 137,155€ | 11.4% | 5 | 1,971€ |
| 102 | Anni Engineering03068293 · Podgorica | 0.2% | 1,206,993€ | -43.9% | 119,260€ | 9.9% | 32 | 915€ |
| 103 | Byteminds Montenegro03434915 · Budva | 0.2% | 1,203,330€ | +7.0% | 11,267€ | 0.9% | 6 | 4,047€ |
| 104 | Urbi.Pro03059847 · Podgorica | 0.2% | 1,203,118€ | +16.5% | 242,689€ | 20.2% | 15 | 1,555€ |
| 105 | Auto Protect03344495 · Podgorica | 0.2% | 1,201,260€ | +38.4% | 40,874€ | 3.4% | 5 | 1,029€ |
| 106 | Ekonomik Accountants02468522 · Podgorica | 0.2% | 1,192,296€ | -9.5% | 500,045€ | 41.9% | 18 | 1,630€ |
| 107 | Wagen02178648 · Bijelo Polje | 0.2% | 1,192,108€ | -12.7% | 17,305€ | 1.5% | 19 | 796€ |
| 108 | Denikoo02067528 · Podgorica | 0.2% | 1,190,422€ | +67.5% | 123,196€ | 10.3% | 15 | 1,157€ |
| 109 | CDS Project02625652 · Podgorica | 0.2% | 1,183,515€ | +442.5% | 24,237€ | 2.0% | 4 | 4,484€ |
| 110 | As Energy03528219 · Podgorica | 0.2% | 1,178,787€ | +88.2% | 10,997€ | 0.9% | 2 | 2,627€ |
| 111 | Greener03361004 · Podgorica | 0.2% | 1,176,378€ | +90.5% | 205,371€ | 17.5% | 4 | 2,974€ |
| 112 | Fidas02881713 · Podgorica | 0.2% | 1,173,980€ | +4.8% | 73,146€ | 6.2% | 5 | 3,011€ |
| 113 | Grawe Auto Centar02759411 · Podgorica | 0.2% | 1,137,393€ | +23.3% | -46,578€ | -4.1% | 62 | 1,078€ |
| 114 | Dornier Suntrace03790649 · Podgorica | 0.2% | 1,137,335€ | No filing for 2024. | 350,706€ | 30.8% | 0 | — |
| 115 | DCM03118983 · Herceg Novi | 0.2% | 1,135,446€ | +118.9% | 77,389€ | 6.8% | 57 | 570€ |
| 116 | Woodline Monte03637000 · Cetinje | 0.2% | 1,134,592€ | -52.0% | 291€ | 0.0% | 1 | 759€ |
| 117 | Enproing03261344 · Podgorica | 0.2% | 1,132,453€ | +67.9% | 183,719€ | 16.2% | 10 | 2,347€ |
| 118 | Sava Car02806380 · Podgorica | 0.1% | 1,130,878€ | +11.7% | 114,835€ | 10.2% | 42 | 1,240€ |
| 119 | Dga Group Trading03424065 · Podgorica | 0.1% | 1,130,375€ | -49.7% | 28,164€ | 2.5% | 1 | 678€ |
| 120 | Dik02161591 · Rožaje | 0.1% | 1,120,371€ | -1.9% | -50,508€ | -4.5% | 11 | 1,044€ |
| 121 | Coning02053314 · Herceg Novi | 0.1% | 1,113,656€ | -5.2% | 14,188€ | 1.3% | 20 | 1,163€ |
| 122 | Level 5 Sports03102343 · Podgorica | 0.1% | 1,090,403€ | +316.9% | 30,037€ | 2.8% | 1 | 1,288€ |
| 123 | Crta03304272 · Podgorica | 0.1% | 1,081,186€ | +241.0% | 485,219€ | 44.9% | 8 | 1,076€ |
| 124 | Mix Markt Mne03482022 · Budva | 0.1% | 1,075,294€ | +53.2% | -3,036€ | -0.3% | 5 | 2,691€ |
| 125 | Optimusproject02686805 · Bijelo Polje | 0.1% | 1,071,810€ | +118.9% | 191,442€ | 17.9% | 10 | 998€ |
| 126 | Businessart02401908 · Podgorica | 0.1% | 1,070,232€ | +36.2% | 22,178€ | 2.1% | 11 | 3,897€ |
| 127 | Intecon03180107 · Podgorica | 0.1% | 1,062,741€ | +75.6% | 88,915€ | 8.4% | 9 | 1,727€ |
| 128 | Mediteran Reklame02380463 · Budva | 0.1% | 1,061,269€ | +7.0% | 35,767€ | 3.4% | 48 | 1,347€ |
| 129 | Pink Media M03214389 · Podgorica | 0.1% | 1,053,941€ | -7.2% | -104,726€ | -9.9% | 6 | 3,048€ |
| 130 | MMK Control02418541 · Bar | 0.1% | 1,051,289€ | +25.7% | 405,792€ | 38.6% | 10 | 1,884€ |
| 131 | MSC - CG02635003 · Bar | 0.1% | 1,048,782€ | -24.1% | -107,625€ | -10.3% | 2 | 3,627€ |
| 132 | E 3 Consulting02735814 · Podgorica | 0.1% | 1,044,340€ | +4.4% | 224,693€ | 21.5% | 11 | 3,115€ |
| 133 | Via Project02646269 · Podgorica | 0.1% | 1,039,936€ | +270.6% | 46,920€ | 4.5% | 3 | 5,739€ |
| 134 | Alatel02218925 · Podgorica | 0.1% | 1,038,559€ | +87.1% | 145,606€ | 14.0% | 10 | 1,194€ |
| 135 | Rakunat03145280 · Nikšić | 0.1% | 1,037,454€ | +137.2% | 104,840€ | 10.1% | 5 | 2,161€ |
| 136 | Atc Top Plus02772701 · Podgorica | 0.1% | 1,034,710€ | +12.6% | 74,978€ | 7.2% | 33 | 1,709€ |
| 137 | Archifocus03098664 · Nikšić | 0.1% | 1,028,820€ | +51.3% | 32,440€ | 3.2% | 5 | 1,308€ |
| 138 | Adriatic Bay Corporation03181642 · Tivat | 0.1% | 1,015,307€ | -8.4% | 200,044€ | 19.7% | 16 | 979€ |
| 139 | Elektro Inženjering02664747 · Bar | 0.1% | 1,010,680€ | -5.6% | 64,799€ | 6.4% | 9 | 961€ |
| 140 | Institut za Razvoj i Istraživanja u Oblasti Zaštite na Radu-Podgorica02333643 · Podgorica | 0.1% | 1,005,702€ | +7.7% | 49,551€ | 4.9% | 21 | 3,004€ |
| 141 | HR Partners02928728 · Podgorica | 0.1% | 1,002,045€ | -6.0% | 160,877€ | 16.1% | 15 | 2,904€ |
| 142 | Unija Etl Accounting03028305 · Podgorica | 0.1% | 997,205€ | +5.5% | 151,903€ | 15.2% | 30 | 1,539€ |
| 143 | Krugger03479099 · Podgorica | 0.1% | 987,144€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 844,487€ | 85.5% | 1 | 668€ |
| 144 | Amicus Pharma03017613 · Podgorica | 0.1% | 985,323€ | -11.4% | 50,768€ | 5.2% | 8 | 5,844€ |
| 145 | Arhitektonski Studio Aim02864223 · Podgorica | 0.1% | 978,163€ | +173.7% | 83,552€ | 8.5% | 9 | 1,008€ |
| 146 | Vip Trade02779650 · Bijelo Polje | 0.1% | 957,017€ | +574.5% | 55,602€ | 5.8% | 8 | 726€ |
| 147 | Sigurnost02187345 · Podgorica | 0.1% | 952,448€ | +11.6% | 99,505€ | 10.4% | 26 | 1,584€ |
| 148 | Seven Architecture&Construction03193012 · Tivat | 0.1% | 946,174€ | -58.1% | 70,911€ | 7.5% | 6 | 1,269€ |
| 149 | Art & Craft02419238 · Budva | 0.1% | 943,194€ | +82.9% | 58,378€ | 6.2% | 9 | 1,642€ |
| 150 | Moritz Eis02914247 · Tivat | 0.1% | 938,322€ | -4.1% | 136,897€ | 14.6% | 8 | 1,845€ |