Revenue
22.2% of sector revenue
1,560 companies earned 167.44m€ in 2025, 22.2% of Professional services sector revenue. Revenue has grown 2.6× since 2015.
22.2% of sector revenue
1,163 with at most one employee
Largest employer: Net Montenegro (605)
Median company 2.9% · 39% 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
Ranked by total revenue · Showing 1–50 of 1,560
* 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 19 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 | 63,276,208€ | 397 |
| 2016 | 60,046,393€ | 442 |
| 2017 | 59,066,154€ | 576 |
| 2018 | 62,781,930€ | 977 |
| 2019 | 68,290,593€ | 1,150 |
| 2020 | 84,366,878€ | 1,208 |
| 2021 | 115,447,772€ | 1,266 |
| 2022 | 123,432,860€ | 1,377 |
| 2023 | 146,262,189€ | 1,495 |
| 2024 | 170,216,865€ | 1,604 |
| 2025 (Preliminary) | 167,436,111€ | 1,560 |
The number of companies jumped most in 2018: from 576 to 977.
Employees and payroll cost per employee per month*
5.5% |
| 9,201,960€ |
| -8.5% |
| 1,775,063€ |
| 19.3% |
| 180 |
| 1,228€ |
| 3 | Redcat02735296 · Podgorica | 2.7% | 4,444,950€ | -5.0% | -63,029€ | -1.4% | 184 | 1,543€ |
| 4 | Genmont03368459 · Tivat | 2.2% | 3,705,549€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 3,389,001€ | 91.5% | 1 | 563€ |
| 5 | Saniteko Group02280817 · Podgorica | 2.0% | 3,280,060€ | +27.9% | 80,444€ | 2.5% | 21 | 1,128€ |
| 6 | Balance Ak03368955 · Tivat | 1.8% | 3,074,277€ | +1,168,826.6% | 2,908,552€ | 94.6% | 1 | 563€ |
| 7 | Nex-Gen Construction03622053 · Podgorica | 1.8% | 2,992,525€ | +1,056.3% | 2,327,585€ | 77.8% | 3 | 3,851€ |
| 8 | Holdco East03189414 · Podgorica | 1.7% | 2,904,614€ | -63.1% | -319,921€ | -11.0% | 1 | 929€ |
| 9 | Bencom02199653 · Herceg Novi | 1.6% | 2,744,860€ | +18.7% | 401,007€ | 14.6% | 56 | 2,477€ |
| 10 | Grafički Dizajn Solucije03115356 · Podgorica | 1.4% | 2,399,022€ | -21.4% | 68,746€ | 2.9% | 2 | 1,142€ |
| 11 | Merit Montenegro03075958 · Podgorica | 1.3% | 2,121,313€ | -83.1% | -422,019€ | -19.9% | 1 | 2,734€ |
| 12 | Adria Management Services02883252 · Podgorica | 1.1% | 1,880,129€ | +57.0% | 17,018€ | 0.9% | 2 | 6,737€ |
| 13 | CSP02876752 · Podgorica | 1.1% | 1,870,930€ | +24.3% | 199,285€ | 10.7% | 67 | 1,644€ |
| 14 | The Headhunter Montenegro02967880 · Podgorica | 1.1% | 1,856,383€ | +28.4% | -130,812€ | -7.0% | 24 | 4,938€ |
| 15 | Skorohod03427943 · Bar | 1.0% | 1,755,462€ | +1,115.8% | 4,200€ | 0.2% | 1 | 677€ |
| 16 | Tehnopolis03009645 · Nikšić | 1.0% | 1,738,157€ | +38.9% | 465,299€ | 26.8% | 29 | 1,676€ |
| 17 | Centar za Građansko Obrazovanje02358832 · Podgorica | 1.0% | 1,696,331€ | +35.4% | 0€ | 0.0% | 20 | 2,330€ |
| 18 | Iberostar Montenegro03181472 · Herceg Novi | 1.0% | 1,688,269€ | -1.8% | 404,653€ | 24.0% | 5 | 3,489€ |
| 19 | MLC International Mne02957833 · Herceg Novi | 0.8% | 1,396,501€ | -31.8% | -352,377€ | -25.2% | 5 | 2,185€ |
| 20 | Moncore03301192 · Podgorica | 0.8% | 1,355,316€ | -5.9% | 77,306€ | 5.7% | 21 | 2,302€ |
| 21 | BD Corporate Services03515435 · Podgorica | 0.8% | 1,350,267€ | +114.5% | 481,516€ | 35.7% | 7 | 6,652€ |
| 22 | As Energy03528219 · Podgorica | 0.7% | 1,178,787€ | +88.2% | 10,997€ | 0.9% | 2 | 2,627€ |
| 23 | Dornier Suntrace03790649 · Podgorica | 0.7% | 1,137,335€ | No filing for 2024. | 350,706€ | 30.8% | 0 | — |
| 24 | DCM03118983 · Herceg Novi | 0.7% | 1,135,446€ | +118.9% | 77,389€ | 6.8% | 57 | 570€ |
| 25 | Woodline Monte03637000 · Cetinje | 0.7% | 1,134,592€ | -52.0% | 291€ | 0.0% | 1 | 759€ |
| 26 | Dga Group Trading03424065 · Podgorica | 0.7% | 1,130,375€ | -49.7% | 28,164€ | 2.5% | 1 | 678€ |
| 27 | Level 5 Sports03102343 · Podgorica | 0.7% | 1,090,403€ | +316.9% | 30,037€ | 2.8% | 1 | 1,288€ |
| 28 | E 3 Consulting02735814 · Podgorica | 0.6% | 1,044,340€ | +4.4% | 224,693€ | 21.5% | 11 | 3,115€ |
| 29 | Adriatic Bay Corporation03181642 · Tivat | 0.6% | 1,015,307€ | -8.4% | 200,044€ | 19.7% | 16 | 979€ |
| 30 | HR Partners02928728 · Podgorica | 0.6% | 1,002,045€ | -6.0% | 160,877€ | 16.1% | 15 | 2,904€ |
| 31 | Krugger03479099 · Podgorica | 0.6% | 987,144€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 844,487€ | 85.5% | 1 | 668€ |
| 32 | Moritz Eis02914247 · Tivat | 0.6% | 938,322€ | -4.1% | 136,897€ | 14.6% | 8 | 1,845€ |
| 33 | Pera Consultancy03255280 · Podgorica | 0.5% | 851,858€ | +1,203.4% | 665,418€ | 78.1% | 1 | 926€ |
| 34 | Philip Morris Montenegro02656647 · Podgorica | 0.5% | 805,722€ | +25.2% | 26,985€ | 3.3% | 4 | 4,345€ |
| 35 | Mikozi Trade & Consultancy03204286 · Podgorica | 0.5% | 796,235€ | +59.4% | 598,936€ | 75.2% | 1 | 5,364€ |
| 36 | KGC03143309 · Tivat | 0.5% | 779,465€ | +54.0% | 295,434€ | 37.9% | 9 | 2,795€ |
| 37 | Art Port03273636 · Bar | 0.4% | 752,844€ | +119,209.7% | 643,524€ | 85.5% | 1 | 922€ |
| 38 | Montenegro Snowball03405842 · Podgorica | 0.4% | 728,533€ | +157.6% | 612,328€ | 84.0% | 1 | — |
| 39 | Henley & Partners Montenegro03225941 · Podgorica | 0.4% | 682,345€ | -79.0% | -275,295€ | -40.3% | 6 | 6,381€ |
| 40 | Naša Firma02687844 · Budva | 0.4% | 681,452€ | -3.8% | 194,335€ | 28.5% | 18 | 1,226€ |
| 41 | Atlantix Group02923815 · Nikšić | 0.4% | 669,518€ | +59.5% | 10,847€ | 1.6% | 7 | 723€ |
| 42 | Fortvny03144003 · Podgorica | 0.4% | 668,233€ | -29.2% | 434,912€ | 65.1% | 1 | 7,057€ |
| 43 | MK Nova Invest03752801 · Podgorica | 0.4% | 667,940€ | No filing for 2024. | 95,529€ | 14.3% | 1 | — |
| 44 | GB Fashion & Co02990504 · Podgorica | 0.4% | 659,178€ | +14.0% | 157,186€ | 23.8% | 2 | 3,722€ |
| 45 | Road - Rail Company02719932 · Podgorica | 0.4% | 656,800€ | +17.1% | 146,114€ | 22.2% | 6 | 2,018€ |
| 46 | European Outsourcing Agency03064107 · Herceg Novi | 0.4% | 623,259€ | +32.4% | 113,963€ | 18.3% | 6 | 1,730€ |
| 47 | Ayder Overseas Investment & Advisory Cooperation03378802 · Podgorica | 0.4% | 622,393€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 3,070€ | 0.5% | 1 | 1,605€ |
| 48 | Karanović02638401 · Podgorica | 0.4% | 601,126€ | +10.9% | -5,117€ | -0.9% | 5 | 1,146€ |
| 49 | Ceed Consulting02291266 · Podgorica | 0.3% | 577,789€ | +382.3% | 350,283€ | 60.6% | 1 | 2,684€ |
| 50 | Prime Sport Consulting03632504 · Berane | 0.3% | 571,499€ | +185.7% | 51,172€ | 9.0% | 1 | 678€ |