Revenue
1.1% of sector revenue
328 companies earned 8.48m€ in 2025, 1.1% of Professional services sector revenue. Revenue has grown 8.5× since 2015.
1.1% of sector revenue
260 with at most one employee
Largest employer: Vivajo Montenegro (14)
Median company -5.7% · 31% 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 328
* 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 12 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 | 1,002,181€ | 23 |
| 2016 | 1,016,316€ | 35 |
| 2017 | 942,593€ | 41 |
| 2018 | 1,117,069€ | 54 |
| 2019 | 1,396,804€ | 67 |
| 2020 | 1,400,450€ | 85 |
| 2021 | 1,622,632€ | 104 |
| 2022 | 3,118,835€ | 213 |
| 2023 | 7,522,722€ | 295 |
| 2024 | 7,605,392€ | 321 |
| 2025 (Preliminary) | 8,475,917€ | 328 |
The number of companies jumped most in 2022: from 104 to 213.
5.3% |
| 448,724€ |
| +251.6% |
| 68,861€ |
| 15.3% |
| 1 |
| 1,391€ |
| 3 | Astratek03450708 · Herceg Novi | 4.1% | 346,704€ | +49.3% | 279,493€ | 80.6% | 1 | 1,880€ |
| 4 | Adriatic Dogadjanja03557545 · Kotor | 3.6% | 308,612€ | +319.1% | 75,441€ | 24.4% | 2 | 2,280€ |
| 5 | Infinity Marketing03271382 · Podgorica | 3.1% | 266,626€ | +76.9% | 2,888€ | 1.1% | 4 | 2,027€ |
| 6 | Kafer03128431 · Podgorica | 2.9% | 246,342€ | +52.5% | 115€ | 0.0% | 2 | 1,175€ |
| 7 | MGT Architects & Design03112284 · Tivat | 2.7% | 231,930€ | -16.8% | 11,800€ | 5.1% | 2 | 1,238€ |
| 8 | Fine Art Studio03147703 · Podgorica | 2.5% | 211,562€ | +13.3% | 104,356€ | 49.3% | 3 | 2,279€ |
| 9 | FD Loft03197182 · Podgorica | 2.5% | 210,742€ | +48.5% | 52,974€ | 25.1% | 4 | 1,239€ |
| 10 | Vivajo Montenegro03494454 · Podgorica | 2.0% | 173,603€ | +7.9% | 11,134€ | 6.4% | 14 | 812€ |
| 11 | Riangle03371328 · Tuzi | 1.8% | 152,820€ | +763.0% | 11,601€ | 7.6% | 2 | 844€ |
| 12 | DP International03410960 · Tivat | 1.4% | 117,600€ | 0.0% | 91,929€ | 78.2% | 1 | 678€ |
| 13 | Snap03479927 · Žabljak | 1.3% | 113,116€ | +67.2% | 3,098€ | 2.7% | 1 | 831€ |
| 14 | Dracha03440125 · Podgorica | 1.2% | 105,642€ | +52.3% | 5,924€ | 5.6% | 3 | 1,189€ |
| 15 | Intro Design Studio03035638 · Danilovgrad | 1.1% | 94,733€ | +16.5% | 1,308€ | 1.4% | 3 | 1,238€ |
| 16 | Pillbie03481859 · Podgorica | 1.0% | 86,437€ | +136.5% | 34,712€ | 40.2% | 1 | 1,348€ |
| 17 | Creative Bee - Brend & Identity Studio03042782 · Nikšić | 1.0% | 85,211€ | +11.2% | 9,337€ | 11.0% | 2 | 2,066€ |
| 18 | Slika Mne03372863 · Herceg Novi | 0.9% | 78,289€ | -16.4% | 200€ | 0.3% | 3 | 1,904€ |
| 19 | Peter Jamieson Design03392139 · Berane | 0.9% | 75,197€ | +6.7% | 10,662€ | 14.2% | 1 | 1,278€ |
| 20 | Qqriq03215008 · Podgorica | 0.9% | 75,085€ | +68.6% | -18,236€ | -24.3% | 3 | 1,393€ |
| 21 | Bad Brain03113990 · Nikšić | 0.8% | 71,639€ | +3.1% | 4,386€ | 6.1% | 3 | 1,021€ |
| 22 | Hnew Oklahome03495353 · Herceg Novi | 0.8% | 71,332€ | -55.4% | 1,814€ | 2.5% | 2 | 1,654€ |
| 23 | Lala Dizajn03631508 · Podgorica | 0.8% | 67,971€ | +185.8% | 9,945€ | 14.6% | 2 | 1,323€ |
| 24 | App Rockers03529304 · Podgorica | 0.8% | 67,420€ | -7.5% | 3,252€ | 4.8% | 2 | 2,473€ |
| 25 | Vatra Studio03725685 · Herceg Novi | 0.8% | 67,029€ | No filing for 2024. | 33,789€ | 50.4% | 2 | 835€ |
| 26 | Numen03657949 · Podgorica | 0.8% | 66,893€ | +466.2% | 11,317€ | 16.9% | 1 | 634€ |
| 27 | Mahna Mahna02950456 · Podgorica | 0.8% | 65,189€ | -34.1% | -10,360€ | -15.9% | 2 | 1,282€ |
| 28 | Che Design03424570 · Budva | 0.8% | 64,355€ | -5.1% | -13,085€ | -20.3% | 5 | 505€ |
| 29 | Vlasil03488535 · Budva | 0.7% | 60,199€ | +32.2% | 35,012€ | 58.2% | 1 | 1,834€ |
| 30 | Materiko03632849 · Podgorica | 0.7% | 58,523€ | +28.7% | 17,494€ | 29.9% | 2 | 729€ |
| 31 | Morf Living03382087 · Bar | 0.7% | 57,881€ | +95.7% | -9,707€ | -16.8% | 3 | 671€ |
| 32 | Bella Casa03108449 · Podgorica | 0.7% | 57,256€ | +171.6% | 673€ | 1.2% | 2 | 802€ |
| 33 | Lagom03480321 · Tivat | 0.7% | 56,589€ | +154.5% | 1,020€ | 1.8% | 1 | 769€ |
| 34 | Artbuk03240231 · Podgorica | 0.7% | 55,577€ | +425.6% | 945€ | 1.7% | 1 | 4,048€ |
| 35 | ZV Design02056305 · Podgorica | 0.6% | 53,401€ | -87.3% | -70,363€ | -131.8% | 2 | 659€ |
| 36 | Milimetar03311988 · Podgorica | 0.6% | 53,145€ | +47.6% | 6,907€ | 13.0% | 1 | — |
| 37 | Smaps03247503 | 0.6% | 52,574€ | +151.9% | 8,823€ | 16.8% | 1 | 901€ |
| 38 | Tulpan03523799 · Budva | 0.6% | 52,524€ | +501.9% | 13,998€ | 26.7% | 3 | 573€ |
| 39 | Bsmart Studio03186555 · Bijelo Polje | 0.6% | 50,536€ | +48.2% | 6,192€ | 12.3% | 1 | 1,126€ |
| 40 | Moj Stil03327477 · Danilovgrad | 0.6% | 48,294€ | +4,729.4% | 3,466€ | 7.2% | 5 | 710€ |
| 41 | Harmon Visual Solutions03340589 · Tivat | 0.5% | 43,012€ | -1.7% | 6,486€ | 15.1% | 1 | 1,493€ |
| 42 | Ribizla03132447 · Podgorica | 0.5% | 42,799€ | +28.5% | 7,090€ | 16.6% | 1 | 1,187€ |
| 43 | Jadran Digital03304493 · Budva | 0.5% | 40,583€ | +21.4% | 9,340€ | 23.0% | 1 | 2,267€ |
| 44 | Montenegro Connections02958961 · Tivat | 0.5% | 40,503€ | +6.7% | 13,200€ | 32.6% | 1 | 1,249€ |
| 45 | Društvo03386341 · Podgorica | 0.5% | 39,767€ | +281.3% | 402€ | 1.0% | 1 | 2,290€ |
| 46 | Asmin Design03477002 · Budva | 0.5% | 38,674€ | +38.7% | 9,506€ | 24.6% | 1 | 1,304€ |
| 47 | Karmann03372995 · Podgorica | 0.5% | 38,636€ | -9.2% | -3,899€ | -10.1% | 2 | 452€ |
| 48 | Gardenhill Montenegro03445585 · Budva | 0.4% | 37,360€ | -38.8% | -3,291€ | -8.8% | 2 | 1,614€ |
| 49 | Kod Studio03147185 · Budva | 0.4% | 34,585€ | +385.1% | -33,070€ | -95.6% | 3 | 849€ |
| 50 | Creative Lab Studio Design03085953 · Budva | 0.4% | 34,337€ | -18.6% | 2,629€ | 7.7% | 2 | 1,015€ |