Revenue
27.36m€21.4× since 2015
4.3% of sector revenue
83,883€
160 companies earned 27.36m€ in 2025, 4.3% of Technology sector revenue. Revenue has grown 21.4× since 2015.
4.3% of sector revenue
122 with at most one employee
Largest employer: Tungsten Montenegro (117)
Median company -3.8% · 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 51–100 of 160
* 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 →
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 | 1,280,883€ | 15 |
| 2016 | 1,345,183€ | 20 |
| 2017 | 1,511,353€ | 44 |
| 2018 | 1,458,078€ | 46 |
| 2019 | 1,531,151€ | 20 |
| 2020 | 1,728,455€ | 26 |
| 2021 | 3,300,262€ | 33 |
| 2022 | 10,548,379€ | 122 |
| 2023 | 25,602,012€ | 142 |
| 2024 | 43,009,492€ | 157 |
| 2025 (Preliminary) | 27,364,566€ | 160 |
The number of companies jumped most in 2022: from 33 to 122.
<0.1% |
| 17,000€ |
| 0.0% |
| 5,682€ |
| 33.4% |
| 1 |
| 678€ |
| 53 | Sabado03612341 · Podgorica | <0.1% | 16,400€ | +526.0% | -767€ | -4.7% | 1 | 1,111€ |
| 54 | Jacksenn Design03636321 · Bar | <0.1% | 15,210€ | +62.1% | 105€ | 0.7% | 1 | 677€ |
| 55 | Korovyc Games03544702 · Herceg Novi | <0.1% | 14,700€ | -38.6% | -2,626€ | -17.9% | 2 | 680€ |
| 56 | Bumble Box03416518 · Bar | <0.1% | 14,000€ | +245.7% | -528€ | -3.8% | 1 | 1,068€ |
| 57 | Pynkodev03714748 · Budva | <0.1% | 13,930€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -174€ | -1.2% | 1 | 1,011€ |
| 58 | Sonic It Development03442136 · Budva | <0.1% | 13,210€ | +496.7% | 5,007€ | 37.9% | 1 | 675€ |
| 59 | Tokta03480895 · Bar | <0.1% | 13,200€ | +29.4% | -1,567€ | -11.9% | 2 | 615€ |
| 60 | CNR Hotel Online03583287 · Kotor | <0.1% | 12,794€ | +103.1% | 4,402€ | 34.4% | 1 | 678€ |
| 61 | Rossen Design03692400 · Kotor | <0.1% | 12,704€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 2,202€ | 17.3% | 1 | 675€ |
| 62 | Ab Media Solutions03552497 · Kotor | <0.1% | 11,021€ | +10.8% | -1,590€ | -14.4% | 1 | 931€ |
| 63 | Swsovitella03520960 · Bar | <0.1% | 11,000€ | +133.5% | -1,256€ | -11.4% | 1 | 943€ |
| 64 | The Butterfly03463966 · Podgorica | <0.1% | 10,556€ | -65.3% | 256€ | 2.4% | 1 | 677€ |
| 65 | Blue It03155161 · Bar | <0.1% | 10,427€ | -44.4% | -9,528€ | -91.4% | 1 | 1,116€ |
| 66 | Full Rack-Mne03530469 · Budva | <0.1% | 9,306€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -191€ | -2.1% | 1 | 678€ |
| 67 | Beetlesoft It03520722 · Budva | <0.1% | 8,148€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,236€ | -52.0% | 1 | 926€ |
| 68 | Digital Systems03457192 · Budva | <0.1% | 8,045€ | +846.5% | -4,211€ | -52.3% | 1 | 926€ |
| 69 | Synthesis of Intelligent Systems03433412 · Budva | <0.1% | 7,000€ | -94.4% | -9,750€ | -139.3% | 1 | 810€ |
| 70 | Min03419878 · Budva | <0.1% | 6,755€ | +335.8% | -2,577€ | -38.1% | 1 | 677€ |
| 71 | Harmony Systems03710793 · Budva | <0.1% | 6,514€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -3,122€ | -47.9% | 1 | 678€ |
| 72 | Lubas03504646 · Podgorica | <0.1% | 6,490€ | +827.1% | -2,959€ | -45.6% | 1 | 678€ |
| 73 | Ystel03430995 · Tivat | <0.1% | 6,425€ | -59.7% | -5,519€ | -85.9% | 1 | 696€ |
| 74 | JBX Games03416909 · Budva | <0.1% | 5,726€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -19,398€ | -338.8% | 1 | 678€ |
| 75 | Alpha Capital03434249 · Tivat | <0.1% | 5,600€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,405€ | -167.9% | 1 | 926€ |
| 76 | Firenet03216055 · Bar | <0.1% | 5,500€ | -21.7% | -627€ | -11.4% | 1 | 434€ |
| 77 | Astro Woman03451208 · Kotor | <0.1% | 3,900€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,348€ | -214.1% | 1 | 925€ |
| 78 | Enovogradnja CG03346749 · Budva | <0.1% | 3,780€ | -86.6% | -10,511€ | -278.1% | 1 | 947€ |
| 79 | Mindsrocket03038840 · Kotor | <0.1% | 3,746€ | -89.0% | -20,008€ | -534.1% | 2 | 677€ |
| 80 | Tolasti03543757 · Budva | <0.1% | 3,300€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,312€ | -251.9% | 1 | 922€ |
| 81 | Westnogap03435792 · Budva | <0.1% | 3,160€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -10,990€ | -347.8% | 1 | 926€ |
| 82 | Nolimit - Services03458989 · Bar | <0.1% | 3,067€ | -96.8% | -8,305€ | -270.8% | 1 | 822€ |
| 83 | Uranum03760570 · Bar | <0.1% | 3,000€ | No filing for 2024. | -144€ | -4.8% | 1 | — |
| 84 | HR Technologies03349721 · Podgorica | <0.1% | 2,850€ | +12.4% | 659€ | 23.1% | 1 | — |
| 85 | Ktitorovs03504751 · Herceg Novi | <0.1% | 2,563€ | +199.8% | -6,941€ | -270.8% | 1 | 677€ |
| 86 | Qaguru03681084 · Budva | <0.1% | 2,420€ | +120.2% | -9,252€ | -382.3% | 2 | 423€ |
| 87 | Atelje A2203516717 · Cetinje | <0.1% | 2,354€ | -42.1% | -6,934€ | -294.6% | 1 | 442€ |
| 88 | Lgdesign03665607 · Budva | <0.1% | 2,340€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -1,628€ | -69.6% | 1 | — |
| 89 | 3of503538613 · Podgorica | <0.1% | 1,985€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -6,610€ | -333.0% | 1 | 678€ |
| 90 | Fiveset03523365 · Budva | <0.1% | 1,900€ | +533.3% | -10,532€ | -554.3% | 1 | 928€ |
| 91 | FGHT SW03441741 · Budva | <0.1% | 1,680€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -7,212€ | -429.3% | 1 | 677€ |
| 92 | Shkatulka-Nev03713318 · Herceg Novi | <0.1% | 1,552€ | No filing for 2024. | -5,713€ | -368.1% | 1 | 487€ |
| 93 | Kemnova03447324 · Budva | <0.1% | 1,500€ | +114.3% | -9,151€ | -610.1% | 1 | 789€ |
| 94 | Brainick03472639 · Budva | <0.1% | 1,200€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -7,027€ | -585.6% | 1 | 674€ |
| 95 | Beetsoft Balkan03649628 · Kotor | <0.1% | 1,014€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -10,259€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 923€ |
| 96 | Neuromomentum03739643 · Bar | <0.1% | 1,000€ | No filing for 2024. | -7,060€ | -706.0% | 1 | 670€ |
| 97 | Tamiki03420124 · Budva | <0.1% | 800€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,113€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 926€ |
| 98 | Montenegro TV Media03179630 · Podgorica | <0.1% | 464€ | -94.6% | -9,071€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 677€ |
| 99 | Stellar-Soft03732215 · Bar | <0.1% | 396€ | No filing for 2024. | -6,335€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 504€ |
| 100 | Gallery of Business03483991 · Herceg Novi | <0.1% | 300€ | -65.2% | -10,944€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 677€ |