Revenue
3.5% of sector revenue
229 companies earned 22.76m€ in 2025, 3.5% of Technology sector revenue.
3.5% of sector revenue
168 with at most one employee
Largest employer: Astrasoft (85)
Median company 0.7% · 33% 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 229
* 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 3 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 | 19,676,782€ | 61 |
| 2016 | 12,167,536€ | 59 |
| 2017 | 18,725,889€ | 62 |
| 2018 | 19,563,659€ | 76 |
| 2019 | 13,248,276€ | 81 |
| 2020 | 18,081,657€ | 104 |
| 2021 | 25,136,440€ | 141 |
| 2022 | 62,765,817€ | 203 |
| 2023 | 40,698,304€ | 226 |
| 2024 | 25,987,966€ | 244 |
| 2025 (Preliminary) | 22,761,179€ | 229 |
The number of companies jumped most in 2022: from 141 to 203.
Employees and payroll cost per employee per month*
8.4% |
| 1,910,877€ |
| +9.2% |
| 17,241€ |
| 0.9% |
| 48 |
| 2,878€ |
| 3 | VG Efiskal02631911 · Bar | 6.7% | 1,535,335€ | +10.1% | 190,182€ | 12.4% | 20 | 1,868€ |
| 4 | Astrasoft03339645 · Podgorica | 6.4% | 1,449,997€ | -4.4% | 134,004€ | 9.2% | 85 | 738€ |
| 5 | SMP Montenegro02902010 · Podgorica | 6.3% | 1,425,752€ | +5.4% | -11,460€ | -0.8% | 1 | 1,197€ |
| 6 | MB Com02948346 · Podgorica | 5.6% | 1,270,533€ | +27.0% | 16,101€ | 1.3% | 4 | 1,106€ |
| 7 | Msrc.Mne03585034 · Herceg Novi | 4.7% | 1,073,306€ | +13.4% | 744,506€ | 69.4% | 5 | 2,905€ |
| 8 | Visual Technologies03426459 · Budva | 3.1% | 708,707€ | -39.1% | 37,657€ | 5.3% | 34 | 941€ |
| 9 | Data Design02801566 · Podgorica | 3.1% | 702,847€ | -79.8% | 13,883€ | 2.0% | 32 | 1,073€ |
| 10 | Kodio03191451 · Podgorica | 3.0% | 679,234€ | -72.3% | -1,094,652€ | -161.2% | 18 | 3,130€ |
| 11 | Tehnovi03338720 · Herceg Novi | 2.5% | 566,584€ | +44.6% | 20,668€ | 3.6% | 15 | 1,930€ |
| 12 | Mbanq03030695 · Podgorica | 2.4% | 538,711€ | +37.8% | 20,938€ | 3.9% | 12 | 2,873€ |
| 13 | Montepass02882094 · Podgorica | 2.3% | 534,563€ | +14.6% | 303,162€ | 56.7% | 6 | 1,110€ |
| 14 | KBV Datacom03005534 · Podgorica | 2.3% | 522,744€ | +18.0% | 41,829€ | 8.0% | 5 | 1,254€ |
| 15 | Nofuss03156435 · Herceg Novi | 1.7% | 381,781€ | -21.8% | 60,529€ | 15.9% | 2 | 3,519€ |
| 16 | It Services02876469 · Podgorica | 1.6% | 357,967€ | +4.4% | 14,009€ | 3.9% | 1 | 704€ |
| 17 | Prekoveze03239365 · Podgorica | 1.3% | 290,807€ | +2.3% | 134,560€ | 46.3% | 5 | 1,107€ |
| 18 | Montepro.Me03291987 · Bar | 1.0% | 232,153€ | +117.6% | 341€ | 0.1% | 17 | 692€ |
| 19 | Mils Computers02344181 · Nikšić | 0.9% | 204,353€ | -4.1% | 962€ | 0.5% | 2 | 3,409€ |
| 20 | Rikon - Mne02857294 · Podgorica | 0.8% | 191,387€ | +4.6% | 959€ | 0.5% | 5 | 846€ |
| 21 | Devcommit03307590 · Bijelo Polje | 0.8% | 173,016€ | -5.3% | -18,397€ | -10.6% | 3 | 2,277€ |
| 22 | Kolpak03215946 · Bar | 0.6% | 140,770€ | +222.4% | 51,740€ | 36.8% | 1 | 910€ |
| 23 | Tau Systems03074480 · Podgorica | 0.6% | 140,679€ | +11.0% | 5,637€ | 4.0% | 1 | 1,536€ |
| 24 | D3 It03353869 · Bar | 0.6% | 125,715€ | +37.3% | 3,100€ | 2.5% | 2 | 1,969€ |
| 25 | Digitalvalues03441652 · Ulcinj | 0.5% | 122,814€ | -8.6% | 8,898€ | 7.2% | 2 | 3,121€ |
| 26 | Elmon02650983 · Podgorica | 0.5% | 121,998€ | +10.9% | 8,654€ | 7.1% | 3 | 829€ |
| 27 | It Works02945444 · Nikšić | 0.5% | 117,926€ | +54.2% | 28,929€ | 24.5% | 2 | 2,166€ |
| 28 | Point Solutions03652742 · Tivat | 0.5% | 117,626€ | +157.6% | 33,312€ | 28.3% | 2 | 789€ |
| 29 | Quantox Technology03373398 · Podgorica | 0.5% | 115,500€ | -60.7% | 9,419€ | 8.2% | 2 | 3,970€ |
| 30 | Simplify03536246 · Podgorica | 0.5% | 106,659€ | +135.6% | 12,006€ | 11.3% | 1 | 1,294€ |
| 31 | DB Sat03102327 · Podgorica | 0.4% | 101,631€ | -23.9% | 769€ | 0.8% | 7 | 580€ |
| 32 | Foreach Group03281787 · Nikšić | 0.4% | 100,801€ | -7.3% | 696€ | 0.7% | 1 | 7,064€ |
| 33 | KV Sistem02846829 · Podgorica | 0.4% | 89,451€ | +5.3% | -5,174€ | -5.8% | 2 | 1,471€ |
| 34 | Alfa Inženjering02893240 · Berane | 0.4% | 88,597€ | +24.6% | 13,014€ | 14.7% | 1 | 704€ |
| 35 | Enfidal03377954 · Podgorica | 0.4% | 83,796€ | -1.4% | 13,258€ | 15.8% | 2 | 983€ |
| 36 | Advisory It03392082 · Budva | 0.3% | 78,000€ | -3.5% | 8,663€ | 11.1% | 5 | 1,098€ |
| 37 | Source Systems03684849 · Pljevlja | 0.3% | 77,323€ | +427.7% | 646€ | 0.8% | 2 | 2,068€ |
| 38 | Grandi Limited03367037 · Budva | 0.3% | 76,482€ | +2.5% | -1,526€ | -2.0% | 6 | 890€ |
| 39 | New Wind02894211 · Budva | 0.3% | 75,716€ | -20.9% | -699€ | -0.9% | 1 | 926€ |
| 40 | Eam Consulting03436624 · Budva | 0.3% | 63,178€ | +251.5% | 41,837€ | 66.2% | 1 | 1,006€ |
| 41 | Confirm02176742 · Tivat | 0.3% | 59,565€ | +30.8% | 422€ | 0.7% | 3 | 1,065€ |
| 42 | Fina03220940 · Podgorica | 0.2% | 56,000€ | +27.0% | 1,005€ | 1.8% | 1 | 4,567€ |
| 43 | Fast Property Management Information Systems03222551 · Ulcinj | 0.2% | 49,747€ | +9.0% | 22,557€ | 45.3% | 1 | 706€ |
| 44 | Atoll United Group03388905 · Budva | 0.2% | 45,000€ | +43.8% | -39,355€ | -87.5% | 1 | 1,091€ |
| 45 | Fix It03346625 · Herceg Novi | 0.2% | 40,843€ | +550.0% | 21,066€ | 51.6% | 1 | 1,033€ |
| 46 | Tsunami Tunes03431720 · Budva | 0.2% | 40,000€ | +103.6% | 11,071€ | 27.7% | 1 | 2,224€ |
| 47 | Digitech Marketing03772900 · Budva | 0.2% | 39,090€ | No filing for 2024. | 4,907€ | 12.6% | 7 | 392€ |
| 48 | Angry Graphics Animation Studio03359093 · Herceg Novi | 0.2% | 38,781€ | -1.8% | -2,097€ | -5.4% | 1 | 2,837€ |
| 49 | Treugolnik03313832 · Budva | 0.2% | 36,438€ | -58.2% | 12,892€ | 35.4% | 1 | 1,148€ |
| 50 | Guestool03167844 · Kolašin | 0.2% | 35,001€ | +51.5% | 7,368€ | 21.1% | 2 | 436€ |