Revenue
7.1% of sector revenue
347 companies earned 45.56m€ in 2025, 7.1% of Technology sector revenue. Revenue has grown 6.1× since 2015.
7.1% of sector revenue
242 with at most one employee
Largest employer: First Line Software (106)
Median company 2.1% · 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
Ranked by total revenue · Showing 51–100 of 347
* 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 7 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 | 7,488,938€ | 46 |
| 2016 | 9,353,799€ | 55 |
| 2017 | 10,985,329€ | 66 |
| 2018 | 13,209,796€ | 106 |
| 2019 | 13,368,264€ | 126 |
| 2020 | 13,832,761€ | 143 |
| 2021 | 15,185,053€ | 183 |
| 2022 | 28,793,217€ | 281 |
| 2023 | 38,205,276€ | 336 |
| 2024 | 48,206,856€ | 334 |
| 2025 (Preliminary) | 45,561,048€ | 347 |
The number of companies jumped most in 2022: from 183 to 281.
Employees and payroll cost per employee per month*
0.3% |
| 155,056€ |
| -26.9% |
| 49,366€ |
| 31.8% |
| 4 |
| 1,194€ |
| 53 | Digitalden11073158 · Podgorica | 0.3% | 149,445€ | +8.2% | 0€ | 0.0% | 0 | — |
| 54 | Stedeus Consulting03507840 · Berane | 0.3% | 137,563€ | +26.4% | -26,016€ | -18.9% | 5 | 2,681€ |
| 55 | Search Tag03573486 · Danilovgrad | 0.3% | 137,385€ | +2,732.7% | 581€ | 0.4% | 1 | 381€ |
| 56 | Slap It03411893 · Podgorica | 0.3% | 134,014€ | +33.1% | 62,663€ | 46.8% | 4 | 693€ |
| 57 | Globalit03417492 · Podgorica | 0.3% | 133,251€ | -25.6% | -4,292€ | -3.2% | 1 | 678€ |
| 58 | Jadrobeat03594645 · Tivat | 0.3% | 132,151€ | +48.7% | 52€ | 0.0% | 1 | 2,463€ |
| 59 | Sapiens Solutions02961911 · Nikšić | 0.3% | 130,780€ | -2.1% | 33,959€ | 26.0% | 2 | 1,577€ |
| 60 | Tosolution03633977 · Podgorica | 0.3% | 129,448€ | +12.6% | 4,013€ | 3.1% | 2 | 4,918€ |
| 61 | Veb Centar02809419 · Kotor | 0.3% | 126,312€ | -8.2% | -3,800€ | -3.0% | 10 | 419€ |
| 62 | Volimtech03331032 · Kotor | 0.3% | 124,533€ | +45.4% | 1,916€ | 1.5% | 5 | 730€ |
| 63 | Le Karasique03436403 · Herceg Novi | 0.3% | 121,376€ | -23.7% | -25,904€ | -21.3% | 1 | 678€ |
| 64 | MDM Production03437949 · Podgorica | 0.2% | 108,500€ | +8.6% | 45,135€ | 41.6% | 1 | 2,537€ |
| 65 | Logit03428028 · Podgorica | 0.2% | 106,800€ | +9.4% | 8,101€ | 7.6% | 2 | 3,443€ |
| 66 | Cloud Montenegro02866455 · Herceg Novi | 0.2% | 103,774€ | +19.3% | 1,528€ | 1.5% | 6 | 1,164€ |
| 67 | Tussilago03373142 · Berane | 0.2% | 103,710€ | -14.3% | 5,401€ | 5.2% | 4 | 891€ |
| 68 | Lux Trading Firm03411630 · Tivat | 0.2% | 100,248€ | -50.3% | 9,307€ | 9.3% | 2 | 588€ |
| 69 | Hand Made Media03212785 · Tivat | 0.2% | 93,306€ | -40.1% | 25,567€ | 27.4% | 1 | 1,524€ |
| 70 | Tech Assist03602133 · Berane | 0.2% | 90,390€ | +5.6% | 36,395€ | 40.3% | 1 | 1,995€ |
| 71 | Digitiize03375919 · Bar | 0.2% | 86,343€ | -17.7% | 5,062€ | 5.9% | 1 | 1,767€ |
| 72 | Global Way Montenegro03392899 · Podgorica | 0.2% | 86,275€ | -95.7% | 58,037€ | 67.3% | 1 | 629€ |
| 73 | Krkotic-Consulting03582108 · Podgorica | 0.2% | 80,659€ | +31.0% | 34,363€ | 42.6% | 1 | 3,285€ |
| 74 | Protok Solutions03574016 · Podgorica | 0.2% | 79,797€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 76,231€ | 95.5% | 1 | — |
| 75 | Baikal M Company03414752 · Budva | 0.2% | 79,694€ | +0.6% | 34,665€ | 43.5% | 1 | 2,562€ |
| 76 | Space-HM03418421 · Budva | 0.2% | 77,100€ | +30.9% | 15,556€ | 20.2% | 1 | 4,795€ |
| 77 | Black Mountain Labs03206181 · Podgorica | 0.2% | 76,640€ | -0.3% | 1,021€ | 1.3% | 2 | 2,767€ |
| 78 | Irasel03531961 · Ulcinj | 0.2% | 75,615€ | -20.2% | 9,604€ | 12.7% | 2 | 2,384€ |
| 79 | The Badger Mne03402045 · Podgorica | 0.2% | 74,337€ | +3,196.5% | -32,692€ | -44.0% | 2 | 1,736€ |
| 80 | Techorio03548830 · Podgorica | 0.2% | 74,135€ | +33.9% | 4,642€ | 6.3% | 2 | 1,710€ |
| 81 | Krasnij03375471 · Budva | 0.2% | 72,134€ | +60.6% | 2,819€ | 3.9% | 4 | 1,182€ |
| 82 | Space Software03305058 · Podgorica | 0.2% | 70,000€ | -41.7% | -5,432€ | -7.8% | 7 | 676€ |
| 83 | Adlogic03346358 · Podgorica | 0.2% | 69,772€ | +21.2% | 97€ | 0.1% | 3 | 1,357€ |
| 84 | Skizza03579859 · Podgorica | 0.1% | 68,305€ | -9.7% | 35,105€ | 51.4% | 1 | 2,013€ |
| 85 | PG. Daho03488896 · Podgorica | 0.1% | 68,203€ | +11.0% | 24,581€ | 36.0% | 2 | 1,088€ |
| 86 | V2 Bit Montenegro03222535 · Nikšić | 0.1% | 63,333€ | -17.6% | 80€ | 0.1% | 4 | 631€ |
| 87 | Solutions4you03105261 · Budva | 0.1% | 63,163€ | +26.0% | 988€ | 1.6% | 2 | 660€ |
| 88 | Cyberrity03403629 · Podgorica | 0.1% | 61,705€ | +32.4% | 17,242€ | 27.9% | 1 | 2,679€ |
| 89 | Pisa Bits03547825 · Podgorica | 0.1% | 60,330€ | +22.5% | 30,936€ | 51.3% | 1 | 1,138€ |
| 90 | Mitrotech03622266 · Nikšić | 0.1% | 59,563€ | +69.7% | 2,656€ | 4.5% | 1 | 2,199€ |
| 91 | Beas Yazilim Cozumleri03598730 · Podgorica | 0.1% | 58,113€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 23,167€ | 39.9% | 1 | 678€ |
| 92 | Digitala03282023 · Podgorica | 0.1% | 57,870€ | -38.2% | -1,348€ | -2.3% | 1 | 3,815€ |
| 93 | Codomain03224546 · Bar | 0.1% | 57,765€ | -34.5% | 20,976€ | 36.3% | 1 | 620€ |
| 94 | Infinity Soft03352480 · Bijelo Polje | 0.1% | 56,650€ | +6.9% | 2,298€ | 4.1% | 2 | 1,994€ |
| 95 | LP Consulting03348245 · Danilovgrad | 0.1% | 55,582€ | +86.5% | 14,603€ | 26.3% | 1 | 922€ |
| 96 | Owl Tech03603024 · Berane | 0.1% | 53,668€ | +7.3% | 7,875€ | 14.7% | 2 | 1,219€ |
| 97 | Simartech03455963 · Podgorica | 0.1% | 52,273€ | -1.2% | 4,582€ | 8.8% | 2 | 1,521€ |
| 98 | Edutus Crna Gora03310035 · Podgorica | 0.1% | 48,605€ | -29.4% | -15,280€ | -31.4% | 1 | 1,196€ |
| 99 | Meta SC03453391 · Tivat | 0.1% | 47,474€ | -60.1% | 5,102€ | 10.7% | 2 | 699€ |
| 100 | Gremo Soft03373223 · Berane | 0.1% | 47,142€ | -22.8% | 22,513€ | 47.8% | 1 | — |