Revenue
1.3% of sector revenue
53 companies earned 9.97m€ in 2025, 1.3% of Professional services sector revenue. Revenue has grown 4.5× since 2015.
1.3% of sector revenue
26 with at most one employee
Largest employer: Alkaloid (13)
Median company 2.7% · 43% 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 1–50 of 53
* 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 1 sole proprietor: 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 | 2,233,330€ | 23 |
| 2016 | 3,269,547€ | 25 |
| 2017 | 4,103,637€ | 25 |
| 2018 | 4,916,236€ | 28 |
| 2019 | 5,535,240€ | 34 |
| 2020 | 5,007,360€ | 33 |
| 2021 | 5,351,763€ | 36 |
| 2022 | 6,654,589€ | 44 |
| 2023 | 8,127,063€ | 54 |
| 2024 | 9,289,132€ | 50 |
| 2025 (Preliminary) | 9,972,769€ | 53 |
9.9% |
| 985,323€ |
| -11.4% |
| 50,768€ |
| 5.2% |
| 8 |
| 5,844€ |
| 3 | Novo Nordisk Pharma Operations A/S, Danska - Predstavništvo Crna Gora, Podgorica02872129 · Podgorica | 9.4% | 932,752€ | +52.0% | 36,073€ | 3.9% | 5 | 7,569€ |
| 4 | Alkaloid02738287 · Podgorica | 9.3% | 925,422€ | -1.5% | 14,291€ | 1.5% | 13 | 2,267€ |
| 5 | Ipsos02439832 · Podgorica | 7.9% | 787,358€ | -4.4% | 25,488€ | 3.2% | 5 | 1,489€ |
| 6 | GLK Pharma03253082 · Podgorica | 6.9% | 687,622€ | +10.8% | 33,737€ | 4.9% | 5 | 3,897€ |
| 7 | Krka D.D. Novo Mesto03102068 · Podgorica | 5.7% | 571,636€ | -5.4% | 17,099€ | 3.0% | 8 | 2,191€ |
| 8 | Defacto Consultancy02748916 · Podgorica | 4.6% | 454,619€ | +30.7% | 85,453€ | 18.8% | 4 | 6,556€ |
| 9 | Vemax011 Pharma03287637 · Budva | 4.3% | 432,151€ | +28.4% | 0€ | 0.0% | 4 | 6,389€ |
| 10 | Super Kartica03093972 · Podgorica | 4.2% | 414,756€ | -27.3% | 26,137€ | 6.3% | 5 | 1,191€ |
| 11 | Inmed03024202 · Podgorica | 3.7% | 371,843€ | +28.1% | 46,262€ | 12.4% | 5 | 2,565€ |
| 12 | Bosnalijek D.D. Predstavništvo Crna Gora02410460 · Podgorica | 3.1% | 309,200€ | +20.0% | 0€ | 0.0% | 4 | 3,542€ |
| 13 | Linea Media02851903 · Podgorica | 2.7% | 268,546€ | -6.5% | 7,563€ | 2.8% | 4 | 1,776€ |
| 14 | Goodwill Pharma02908212 · Podgorica | 2.4% | 235,650€ | +30.0% | -10,271€ | -4.4% | 2 | 7,131€ |
| 15 | Max Medica03266788 · Podgorica | 2.2% | 218,379€ | -3.1% | 5,914€ | 2.7% | 2 | 4,501€ |
| 16 | Inovex Team03629333 · Podgorica | 1.4% | 143,591€ | +55.1% | 89,440€ | 62.3% | 1 | 2,213€ |
| 17 | Draf03410196 · Podgorica | 1.0% | 104,654€ | -22.4% | -54,410€ | -52.0% | 2 | 2,312€ |
| 18 | Zoriva03268217 · Podgorica | 1.0% | 103,335€ | +0.8% | -16€ | -0.0% | 2 | 1,569€ |
| 19 | Spektrum Analitika03766942 · Podgorica | 1.0% | 102,289€ | No filing for 2024. | 8,649€ | 8.5% | 1 | 5,953€ |
| 20 | Stars Up03183246 · Podgorica | 0.9% | 87,265€ | -8.0% | 1,466€ | 1.7% | 1 | 5,184€ |
| 21 | Rauche Medical03530108 · Podgorica | 0.7% | 71,590€ | +262.5% | -17,681€ | -24.7% | 2 | 3,063€ |
| 22 | Interstand03053997 · Podgorica | 0.6% | 61,491€ | -8.9% | 15,997€ | 26.0% | 1 | 338€ |
| 23 | Clinres Farmacija02953536 · Podgorica | 0.6% | 55,452€ | +69.4% | 0€ | 0.0% | 1 | 2,043€ |
| 24 | Aluks Company03671836 · Podgorica | 0.5% | 53,078€ | +117.7% | 2,706€ | 5.1% | 1 | 1,630€ |
| 25 | Megatrend Co02225182 · Podgorica | 0.5% | 46,031€ | +71.0% | 25,295€ | 55.0% | 1 | 1,358€ |
| 26 | D&D Insights03166406 · Podgorica | 0.5% | 44,940€ | -68.4% | -14,089€ | -31.4% | 1 | 760€ |
| 27 | Pharmosis03270050 · Podgorica | 0.4% | 36,000€ | +40.4% | -42€ | -0.1% | 1 | 2,943€ |
| 28 | Cipsir03217566 · Bar | 0.3% | 26,868€ | -53.4% | -10,750€ | -40.0% | 2 | 929€ |
| 29 | Ev Consulting03481832 · Budva | 0.3% | 26,142€ | +289.8% | 6,488€ | 24.8% | 2 | 675€ |
| 30 | Morris-M03331105 · Podgorica | 0.3% | 24,957€ | -19.8% | 2,390€ | 9.6% | 2 | 907€ |
| 31 | Agencija Vox Populi03465462 · Podgorica | 0.2% | 20,706€ | -39.5% | 180€ | 0.9% | 2 | 783€ |
| 32 | RND Pharm Intel03521141 · Bar | 0.2% | 19,486€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 9,433€ | 48.4% | 1 | 670€ |
| 33 | Pacific Invest03366251 · Budva | 0.2% | 18,840€ | -26.4% | 1,288€ | 6.8% | 1 | 699€ |
| 34 | Bellemond Invest03618722 · Podgorica | 0.1% | 10,000€ | +150.0% | -1,322€ | -13.2% | 1 | 925€ |
| 35 | Redberries Solutions03455106 · Budva | <0.1% | 8,822€ | -62.5% | -2,265€ | -25.7% | 1 | 677€ |
| 36 | Blyne Data Technologies03590585 · Tivat | <0.1% | 5,600€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -21,343€ | -381.1% | 2 | 800€ |
| 37 | NB Mind03786331 · Podgorica | <0.1% | 4,799€ | No filing for 2024. | -1,902€ | -39.6% | 1 | 379€ |
| 38 | Aj Connect03793842 · Podgorica | <0.1% | 4,391€ | No filing for 2024. | 849€ | 19.3% | 0 | — |
| 39 | Cedem Puls02715848 · Podgorica | <0.1% | 230€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -6,371€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | — |
| 40 | 7 Revenue Solutions03718450 · Herceg Novi | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -10,882€ | — | 1 | 907€ |
| 41 | Adoc02625482 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -241,480€ | — | 5 | 2,799€ |
| 42 | Device Technology03289443 · Podgorica | 0.0% | 0€ | -100.0% | -2,035€ | — | 1 | — |
| 43 | Advanced Markets Research03648206 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,302€ | — | 1 | 675€ |
| 44 | Benefico03528898 · Herceg Novi | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,034€ | — | 1 | — |
| 45 | Dajmond In03114813 · Podgorica | 0.0% | 0€ | -100.0% | -6,866€ | — | 1 | 479€ |
| 46 | Leads Arena03551881 · Kotor | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,197€ | — | 1 | 674€ |
| 47 | Mala Kruna03546683 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,198€ | — | 1 | 675€ |
| 48 | Merck02806126 · Podgorica | 0.0% | 0€ | -100.0% | -320,318€ | — | 2 | 6,223€ |
| 49 | Monte Data Expert03521893 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,149€ | — | 1 | 678€ |
| 50 | MV Research03477100 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,366€ | — | 1 | 676€ |