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 1–50 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.
24.7% |
| 6,760,599€ |
| +4.1% |
| 394,225€ |
| 5.8% |
| 117 |
| 3,870€ |
| 3 | Euronet Services03314766 · Podgorica | 6.7% | 1,842,420€ | +12.5% | -275,979€ | -15.0% | 2 | 2,826€ |
| 4 | Mankrik03454517 · Budva | 5.0% | 1,381,904€ | -12.7% | 301,073€ | 21.8% | 16 | 3,908€ |
| 5 | Coordinated Auction Office In South East Europe02890909 · Podgorica | 3.1% | 846,375€ | +13.2% | 45,947€ | 5.4% | 8 | 3,883€ |
| 6 | Companywall03240592 · Podgorica | 1.7% | 459,098€ | +34.9% | 221,314€ | 48.2% | 1 | 1,797€ |
| 7 | Auto Deal Consulting03125777 · Bar | 1.2% | 328,048€ | -6.8% | 2,510€ | 0.8% | 25 | 653€ |
| 8 | CR Services03690296 · Podgorica | 1.1% | 313,469€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 8,121€ | 2.6% | 8 | 2,808€ |
| 9 | Pietsch Consulting03639142 · Bar | 0.9% | 256,848€ | +235.2% | 208,535€ | 81.2% | 1 | 1,554€ |
| 10 | Smartpos03349403 · Podgorica | 0.9% | 243,361€ | +365.9% | 38,705€ | 15.9% | 1 | 958€ |
| 11 | Quick Football Data Montenegro03357996 · Podgorica | 0.7% | 184,829€ | +115.8% | 24,479€ | 13.2% | 8 | 1,450€ |
| 12 | Kraft-Soft03432246 · Budva | 0.7% | 182,011€ | -46.1% | 48,703€ | 26.8% | 1 | 4,005€ |
| 13 | Checkrewards03515613 · Podgorica | 0.6% | 164,267€ | +205,233.8% | 140,215€ | 85.4% | 1 | 1,206€ |
| 14 | Recrewty03505162 · Podgorica | 0.5% | 139,457€ | +80.1% | 1,717€ | 1.2% | 4 | 1,930€ |
| 15 | Doumo Development03433552 · Budva | 0.4% | 115,063€ | +17.5% | 37,535€ | 32.6% | 4 | 1,285€ |
| 16 | Radnik Group03531317 · Podgorica | 0.4% | 113,395€ | +80.2% | 32,078€ | 28.3% | 3 | 874€ |
| 17 | Capra Soft03475689 · Bar | 0.4% | 108,916€ | +0.4% | 82,452€ | 75.7% | 1 | 1,338€ |
| 18 | 369 Processing03329925 · Podgorica | 0.4% | 107,288€ | -6.7% | 76,746€ | 71.5% | 1 | 452€ |
| 19 | Elevate House03691918 · Podgorica | 0.3% | 83,500€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 38,432€ | 46.0% | 7 | 505€ |
| 20 | Sentiment Scope03711994 · Podgorica | 0.3% | 75,832€ | +18,858.0% | 26,982€ | 35.6% | 3 | 1,190€ |
| 21 | Digitalni Računovođa03392619 · Podgorica | 0.3% | 73,570€ | +13.3% | 3,845€ | 5.2% | 3 | 1,536€ |
| 22 | It Smart03037240 · Tivat | 0.3% | 72,814€ | -8.7% | 4,277€ | 5.9% | 1 | 1,086€ |
| 23 | Seo Dream Team Europe03605426 · Podgorica | 0.3% | 72,683€ | +53.5% | 39,788€ | 54.7% | 4 | 685€ |
| 24 | Torggler Software03708128 · Bar | 0.3% | 68,779€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 50,787€ | 73.8% | 1 | 677€ |
| 25 | 7januar02255294 · Mojkovac | 0.2% | 67,618€ | -41.8% | -2,564€ | -3.8% | 3 | 676€ |
| 26 | Digital Lab03284042 · Budva | 0.2% | 63,118€ | -5.1% | -3,850€ | -6.1% | 2 | 1,066€ |
| 27 | Integ Solutions03446450 · Bar | 0.2% | 54,582€ | -48.8% | 14,281€ | 26.2% | 1 | 926€ |
| 28 | Deutsche Telekom Cloud Services03123707 · Podgorica | 0.2% | 54,525€ | -82.0% | -207,700€ | -380.9% | 1 | — |
| 29 | Rook Solutions03500829 · Budva | 0.2% | 53,350€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 35,718€ | 67.0% | 1 | 928€ |
| 30 | Finovatex03740749 · Kotor | 0.2% | 50,000€ | No filing for 2024. | 2,057€ | 4.1% | 1 | 577€ |
| 31 | Tech Management International03428885 · Bar | 0.2% | 46,328€ | +25.0% | 11,542€ | 24.9% | 1 | 2,590€ |
| 32 | App Com03647943 · Podgorica | 0.2% | 46,130€ | +59.1% | 3,737€ | 8.1% | 2 | 1,487€ |
| 33 | Microsoft Montenegro02654555 · Podgorica | 0.2% | 45,263€ | -2.3% | 8,284€ | 18.3% | 1 | 2,717€ |
| 34 | Patec Group03576442 · Budva | 0.2% | 45,256€ | +91.6% | 17,085€ | 37.8% | 1 | 852€ |
| 35 | Dev Connect Uk03736806 · Podgorica | 0.2% | 45,000€ | No filing for 2024. | 5,337€ | 11.9% | 0 | — |
| 36 | Netplanet Mne03644863 · Podgorica | 0.2% | 41,951€ | +71.8% | 3,816€ | 9.1% | 2 | 680€ |
| 37 | Funtomatique03416178 · Budva | 0.1% | 38,801€ | +18.8% | 9,482€ | 24.4% | 2 | 829€ |
| 38 | Shapirov03465837 · Budva | 0.1% | 34,600€ | +21.4% | 2,214€ | 6.4% | 1 | 2,572€ |
| 39 | Bemam03706249 · Podgorica | 0.1% | 33,923€ | No filing for 2024. | -5,637€ | -16.6% | 0 | — |
| 40 | Bura Cloud Montenegro03395723 · Podgorica | 0.1% | 31,332€ | +24.2% | 710€ | 2.3% | 2 | 784€ |
| 41 | Iss Intelligent Software Service03444350 · Herceg Novi | 0.1% | 27,664€ | -61.9% | -11,514€ | -41.6% | 2 | 1,219€ |
| 42 | Prčanjska Strana03455262 · Kotor | <0.1% | 27,000€ | +435.7% | 12,938€ | 47.9% | 1 | 982€ |
| 43 | Delvy03458440 · Budva | <0.1% | 26,000€ | +33.3% | 3,984€ | 15.3% | 2 | 863€ |
| 44 | Aragorn03333841 · Nikšić | <0.1% | 24,491€ | -35.9% | 136€ | 0.6% | 3 | 555€ |
| 45 | Monte United Design03707725 · Herceg Novi | <0.1% | 23,573€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 13,342€ | 56.6% | 1 | 675€ |
| 46 | Very Nice03421554 · Herceg Novi | <0.1% | 20,800€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 11,479€ | 55.2% | 1 | 675€ |
| 47 | Morus03475662 · Bar | <0.1% | 20,721€ | +63.6% | 8,592€ | 41.5% | 1 | 922€ |
| 48 | It Olives03658805 · Budva | <0.1% | 19,750€ | +299.8% | -3,996€ | -20.2% | 2 | 928€ |
| 49 | Aicapital LTD03534421 · Budva | <0.1% | 18,704€ | -37.0% | -6,785€ | -36.3% | 1 | 451€ |
| 50 | Finsight Ai03781348 · Zeta | <0.1% | 18,669€ | No filing for 2024. | 0€ | 0.0% | 1 | 1,512€ |