Revenue
1.5% of sector revenue
88 companies earned 114.02m€ in 2025, 1.5% of Trade sector revenue. Revenue has grown 2.5× since 2015.
1.5% of sector revenue
44 with at most one employee
Largest employer: Coreit (38)
Median company 4.3% · 56% 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 88
* 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 | 45,659,575€ | 44 |
| 2016 | 49,155,102€ | 49 |
| 2017 | 57,869,919€ | 53 |
| 2018 | 60,348,010€ | 57 |
| 2019 | 61,488,349€ | 59 |
| 2020 | 60,913,451€ | 64 |
| 2021 | 69,314,101€ | 62 |
| 2022 | 91,966,620€ | 79 |
| 2023 | 102,280,031€ | 91 |
| 2024 | 119,996,419€ | 92 |
| 2025 (Preliminary) | 114,016,326€ | 88 |
The number of companies jumped most in 2022: from 62 to 79.
Employees and payroll cost per employee per month*
16.7% |
| 19,006,331€ |
| -30.9% |
| 1,402,917€ |
| 7.4% |
| 33 |
| 1,780€ |
| 3 | Ewe Montenegro03059812 · Podgorica | 10.8% | 12,284,404€ | +9.7% | 589,030€ | 4.8% | 16 | 1,821€ |
| 4 | Coreit02775018 · Podgorica | 6.5% | 7,368,417€ | +3.5% | 1,903,126€ | 25.8% | 38 | 1,597€ |
| 5 | Also Montenegro02412691 · Podgorica | 6.2% | 7,057,187€ | +11.3% | 130,104€ | 1.8% | 13 | 2,694€ |
| 6 | Integra02341972 · Podgorica | 4.2% | 4,733,996€ | +117.1% | 1,023,243€ | 21.6% | 6 | 1,031€ |
| 7 | Mainframe03126277 · Podgorica | 4.0% | 4,557,439€ | -11.5% | 105,963€ | 2.3% | 16 | 1,502€ |
| 8 | Saga CG02657597 · Podgorica | 3.0% | 3,446,741€ | -18.8% | 130,100€ | 3.8% | 10 | 3,442€ |
| 9 | Tesla Smart Systems International03221008 · Bar | 2.2% | 2,474,889€ | +65.4% | 267,249€ | 10.8% | 35 | 862€ |
| 10 | Interactive03315878 · Podgorica | 2.0% | 2,258,466€ | -4.8% | 101,869€ | 4.5% | 10 | 2,812€ |
| 11 | Digit Montenegro02247488 · Podgorica | 1.8% | 2,041,407€ | +3.9% | 3,137€ | 0.2% | 11 | 1,772€ |
| 12 | Indsoftware Informacione Tehnologije03099474 · Podgorica | 1.5% | 1,766,888€ | -48.8% | -472€ | -0.0% | 1 | — |
| 13 | D Photo Trade02389231 · Tivat | 1.2% | 1,411,922€ | +24.7% | 42,748€ | 3.0% | 10 | 1,574€ |
| 14 | Apex Tech03734242 · Podgorica | 1.2% | 1,368,328€ | No filing for 2024. | 1,119€ | 0.1% | 1 | 339€ |
| 15 | Assaia Development03414329 · Podgorica | 1.0% | 1,120,961€ | -42.1% | -54,665€ | -4.9% | 37 | 2,422€ |
| 16 | Abacus Computing02414821 · Nikšić | 1.0% | 1,099,105€ | +33.2% | 110,291€ | 10.0% | 7 | 3,061€ |
| 17 | El-Fon02336693 · Nikšić | 0.9% | 1,010,629€ | +17.9% | 50,375€ | 5.0% | 6 | 921€ |
| 18 | Kvisko02369818 · Podgorica | 0.8% | 892,233€ | +5.1% | 6,450€ | 0.7% | 10 | 1,262€ |
| 19 | Smart-Consulting02793733 · Podgorica | 0.6% | 726,296€ | +35.5% | 29,730€ | 4.1% | 3 | 2,420€ |
| 20 | Fin - Ing02751194 · Podgorica | 0.5% | 562,166€ | -13.6% | 2,493€ | 0.4% | 13 | 1,051€ |
| 21 | Inovatic02727129 · Nikšić | 0.5% | 543,286€ | +36.1% | 194,125€ | 35.7% | 3 | 604€ |
| 22 | Ict03276864 · Podgorica | 0.5% | 527,660€ | +64.2% | 142,407€ | 27.0% | 3 | 1,948€ |
| 23 | Montex - Elektronika02127997 · Podgorica | 0.4% | 507,007€ | -32.2% | 27,063€ | 5.3% | 10 | 969€ |
| 24 | Tena02095882 · Podgorica | 0.4% | 427,337€ | -11.3% | 10,790€ | 2.5% | 9 | 701€ |
| 25 | Biromont02249286 · Podgorica | 0.4% | 409,332€ | +24.8% | 38,966€ | 9.5% | 7 | 923€ |
| 26 | Hard Net02295113 · Nikšić | 0.3% | 372,152€ | +6.5% | 734€ | 0.2% | 8 | 907€ |
| 27 | Next It03127184 · Podgorica | 0.3% | 309,024€ | +19.3% | 4,330€ | 1.4% | 4 | 2,016€ |
| 28 | Migro03287319 · Podgorica | 0.3% | 291,886€ | +32.3% | 13,359€ | 4.6% | 2 | 2,400€ |
| 29 | It Market03127028 · Podgorica | 0.2% | 274,349€ | +1.3% | 5,733€ | 2.1% | 1 | 1,007€ |
| 30 | New Ages03656101 · Podgorica | 0.2% | 257,797€ | +49.4% | 82,687€ | 32.1% | 1 | 10,048€ |
| 31 | ALL.COM02875730 · Podgorica | 0.2% | 211,123€ | +21.2% | 45,537€ | 21.6% | 3 | 1,408€ |
| 32 | Digitalco03040178 · Bijelo Polje | 0.2% | 206,652€ | +6.3% | 2,112€ | 1.0% | 1 | 675€ |
| 33 | Alien Tech03275477 · Podgorica | 0.2% | 200,009€ | -11.7% | 13,421€ | 6.7% | 1 | 15,075€ |
| 34 | Xenon Forte - Montenegro02810972 · Podgorica | 0.2% | 196,855€ | -1.7% | 8,994€ | 4.6% | 2 | 1,799€ |
| 35 | No Shut03182126 · Podgorica | 0.2% | 191,796€ | +7.2% | 71,044€ | 37.0% | 1 | 1,427€ |
| 36 | Mobsmile03170187 · Podgorica | 0.2% | 185,817€ | +399.8% | 23,830€ | 12.8% | 1 | 926€ |
| 37 | Office Box03050599 · Podgorica | 0.1% | 159,940€ | +2.5% | 23,215€ | 14.5% | 2 | 866€ |
| 38 | Personal Computer Service02288818 · Podgorica | 0.1% | 132,437€ | -14.0% | 13,596€ | 10.3% | 2 | 870€ |
| 39 | Mint Solutions Montenegro03306178 · Podgorica | 0.1% | 123,870€ | +275.1% | 86,936€ | 70.2% | 1 | 1,538€ |
| 40 | Esmart Group03196208 · Podgorica | 0.1% | 116,090€ | +2.5% | -5,275€ | -4.5% | 1 | 903€ |
| 41 | CTRL-S03141390 · Podgorica | <0.1% | 103,516€ | +3.1% | 898€ | 0.9% | 1 | 1,257€ |
| 42 | Effort02282445 · Podgorica | <0.1% | 99,979€ | +273.1% | 7,291€ | 7.3% | 1 | 1,329€ |
| 43 | Its Information Tehnology Service02749386 · Podgorica | <0.1% | 99,487€ | +40.5% | 20,194€ | 20.3% | 4 | 705€ |
| 44 | Info - S03017044 · Podgorica | <0.1% | 96,348€ | -48.6% | -452€ | -0.5% | 1 | 1,074€ |
| 45 | Tehnohub03724964 · Podgorica | <0.1% | 82,083€ | No filing for 2024. | 10,858€ | 13.2% | 1 | 321€ |
| 46 | Data Centar03007260 · Berane | <0.1% | 79,643€ | -17.9% | -10,253€ | -12.9% | 2 | 942€ |
| 47 | M - Trace02922282 · Podgorica | <0.1% | 77,277€ | +27.2% | 11,472€ | 14.8% | 3 | 929€ |
| 48 | Emea02720019 · Podgorica | <0.1% | 69,164€ | -68.8% | 4,921€ | 7.1% | 2 | 817€ |
| 49 | Graf Print03089096 · Bijelo Polje | <0.1% | 67,397€ | +6.7% | 8,704€ | 12.9% | 1 | 1,965€ |
| 50 | Itcryo03482359 · Podgorica | <0.1% | 51,000€ | -74.5% | 19,916€ | 39.1% | 1 | 1,466€ |