Revenue
2.8% of sector revenue
31 companies earned 12.76m€ in 2025, 2.8% of Arts & entertainment sector revenue. Revenue has grown 1.7× since 2015.
2.8% of sector revenue
19 with at most one employee
Largest employer: Nova Knjiga (75)
Median company 6.3% · 45% 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 1–31 of 31
* 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 | 7,629,519€ | 18 |
| 2016 | 8,851,892€ | 20 |
| 2017 | 8,253,717€ | 22 |
| 2018 | 9,435,432€ | 19 |
| 2019 | 9,311,891€ | 23 |
| 2020 | 7,856,488€ | 24 |
| 2021 | 8,573,059€ | 22 |
| 2022 | 10,100,802€ | 26 |
| 2023 | 13,029,591€ | 30 |
| 2024 | 14,082,408€ | 29 |
| 2025 (Preliminary) | 12,759,691€ | 31 |
35.0% |
| 4,460,394€ |
| +11.3% |
| 562,050€ |
| 12.6% |
| 75 |
| 994€ |
| 3 | Pinta02867362 · Podgorica | 6.8% | 867,810€ | -6.5% | 100,222€ | 11.5% | 17 | 986€ |
| 4 | Brca02926253 · Podgorica | 6.7% | 852,808€ | -13.0% | 4,465€ | 0.5% | 8 | 1,955€ |
| 5 | Obodsko Slovo02078244 · Podgorica | 5.0% | 633,778€ | +1.3% | 81,996€ | 12.9% | 12 | 1,092€ |
| 6 | Cid02201933 · Podgorica | 0.7% | 89,692€ | -13.1% | 1,057€ | 1.2% | 1 | 5,135€ |
| 7 | Pegaz02297213 · Bijelo Polje | 0.6% | 80,172€ | -8.1% | 6,411€ | 8.0% | 2 | 443€ |
| 8 | Kovtunov Books03651665 · Budva | 0.6% | 75,306€ | +201.0% | 48,241€ | 64.1% | 1 | 1,575€ |
| 9 | Tabernakl02865483 · Herceg Novi | 0.6% | 73,240€ | -2.1% | 10,583€ | 14.4% | 1 | 969€ |
| 10 | Ouroboros03239276 · Podgorica | 0.2% | 25,972€ | -5.4% | 396€ | 1.5% | 2 | 872€ |
| 11 | Zaharije Orfelin03468992 · Tivat | 0.2% | 23,675€ | -1.4% | 1,482€ | 6.3% | 1 | 929€ |
| 12 | Probox03271447 · Podgorica | 0.1% | 17,059€ | +138.1% | 2,878€ | 16.9% | 1 | 573€ |
| 13 | Abeceda02794357 · Budva | 0.1% | 14,550€ | -6.5% | -11,204€ | -77.0% | 1 | 924€ |
| 14 | Kreativna Radionica Košnica02897229 · Podgorica | 0.1% | 13,928€ | -56.9% | -13,170€ | -94.6% | 2 | 929€ |
| 15 | Moja Knjiga03083870 · Nikšić | <0.1% | 11,261€ | -55.7% | -16,808€ | -149.3% | 1 | 1,710€ |
| 16 | Akademska Knjiga03659283 · Podgorica | <0.1% | 11,083€ | +484.5% | 2,314€ | 20.9% | 1 | 515€ |
| 17 | Zlatna Gora Izdavaštvo / Zlatna Gora Publishing03276066 · Nikšić | <0.1% | 8,951€ | +104.8% | 2,840€ | 31.7% | 1 | 448€ |
| 18 | Balalajka03466698 · Herceg Novi | <0.1% | 8,480€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -280€ | -3.3% | 1 | 680€ |
| 19 | PP-Print03125840 · Bijelo Polje | <0.1% | 7,042€ | +220.8% | -1,306€ | -18.5% | 1 | 678€ |
| 20 | Unireks Grupa MB03519651 · Podgorica | <0.1% | 5,442€ | +472.8% | 729€ | 13.4% | 1 | — |
| 21 | Dijalogos MZK03163547 · Bijelo Polje | <0.1% | 50€ | -98.7% | -5,687€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | — |
| 22 | Cyber Princess03757005 · Podgorica | 0.0% | 0€ | No filing for 2024. | -1,262€ | — | 1 | — |
| 23 | Nikishin & K03609596 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,164€ | — | 1 | 675€ |
| 24 | Rusty Net03501388 · Cetinje | 0.0% | 0€ | -100.0% | 0€ | — | — | — |
| 25 | Eurabia Qafila Company03415449 · Rožaje | 0.0% | 0€ | -100.0% | 0€ | — | — | — |
| 26 | Obod02004682 · Cetinje | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -1,000€ | — | 1 | — |
| 27 | Unireks02047519 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -1,688€ | — | 1 | — |
| 28 | Montenegro Sunrise02944430 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 0€ | — | — | — |
| 29 | TRYST Publications03722198 · Tivat | 0.0% | 0€ | No filing for 2024. | -7,077€ | — | 1 | 590€ |
| 30 | Unified Dynamic Systems03515702 · Tivat | 0.0% | 0€ | -100.0% | 0€ | — | — | — |
| 31 | Winggiver03726681 · Bar | 0.0% | 0€ | No filing for 2024. | -9,642€ | — | 1 | 774€ |