Revenue
1.0% of sector revenue
22 companies earned 4.81m€ in 2025, 1.0% of Arts & entertainment sector revenue. Revenue has grown 2.2× since 2015.
1.0% of sector revenue
4 with at most one employee
Largest employer: Javni Radio Difuzni Servis Radio Televizija Herceg Novi (43)
Median company 4.5% · 73% profitable
Average per employee, not per company
Revenue in € million (bars) and filing companies (below), 2015–2025
Employees and payroll cost per employee per month*
Ranked by total revenue · Showing 1–22 of 22
* 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 | 2,152,698€ | 18 |
| 2016 | 2,409,532€ | 20 |
| 2017 | 2,558,420€ | 20 |
| 2018 | 2,953,636€ | 22 |
| 2019 | 3,048,997€ | 22 |
| 2020 | 3,104,868€ | 22 |
| 2021 | 3,215,744€ | 21 |
| 2022 | 3,753,872€ | 23 |
| 2023 | 3,568,244€ | 21 |
| 2024 | 4,075,926€ | 21 |
| 2025 (Preliminary) | 4,807,779€ | 22 |
12.8% |
| 615,673€ |
| +24.1% |
| -47,932€ |
| -7.8% |
| 22 |
| 1,238€ |
| 3 | Radio Bar02002523 · Bar | 9.1% | 435,676€ | +5.0% | 18,151€ | 4.2% | 22 | 1,380€ |
| 4 | Oki Air Broadcasting03078752 · Podgorica | 7.4% | 356,699€ | +16.5% | 21,265€ | 6.0% | 7 | 2,060€ |
| 5 | Radio - Kotor02042789 · Kotor | 6.5% | 314,747€ | +27.3% | 38,735€ | 12.3% | 13 | 1,544€ |
| 6 | Radio Tivat02368811 · Tivat | 6.4% | 307,751€ | +14.2% | 5,412€ | 1.8% | 17 | 1,114€ |
| 7 | Media International Corporation02421682 · Podgorica | 6.1% | 291,218€ | +3.8% | 81,319€ | 27.9% | 10 | 953€ |
| 8 | Radio Bijelo Polje02014602 · Bijelo Polje | 5.4% | 260,911€ | +25.1% | 7,961€ | 3.1% | 12 | 1,280€ |
| 9 | Neboelectronic02051095 · Podgorica | 4.6% | 222,880€ | +1.7% | -17,794€ | -8.0% | 5 | 992€ |
| 10 | Radio Televizija Ulcinj02899965 · Ulcinj | 4.0% | 194,000€ | -6.5% | 52,619€ | 27.1% | 8 | 1,266€ |
| 11 | M.D. Company02338629 · Podgorica | 3.5% | 169,927€ | -4.4% | 9,097€ | 5.4% | 2 | 3,506€ |
| 12 | Lokalni Javni Emiter Radio Andrijevica02410028 · Andrijevica | 3.0% | 145,211€ | No filing for 2024. | 128€ | 0.1% | 15 | 705€ |
| 13 | Lokalni Javni Emiter Radio Danilovgrad02289512 · Danilovgrad | 2.6% | 123,309€ | +14.3% | 1,643€ | 1.3% | 8 | 812€ |
| 14 | MY Name03076440 · Podgorica | 2.4% | 114,049€ | +18.8% | 15,162€ | 13.3% | 6 | 661€ |
| 15 | Tdi Radio02893401 · Podgorica | 2.2% | 104,970€ | +34.3% | -12,092€ | -11.5% | 4 | 744€ |
| 16 | Hit FM02976030 · Podgorica | 2.0% | 94,645€ | +24.5% | 20,567€ | 21.7% | 4 | 960€ |
| 17 | Homer02852616 · Podgorica | 1.2% | 57,652€ | +25.2% | 0€ | 0.0% | 2 | 1,882€ |
| 18 | Radio Zeta02360969 · Podgorica | 0.8% | 38,572€ | -21.1% | 2,906€ | 7.5% | 3 | 821€ |
| 19 | Gresa Trade02353644 · Ulcinj | 0.7% | 33,304€ | +40.1% | 1,136€ | 3.4% | 1 | 1,984€ |
| 20 | Jupok02075806 · Rožaje | 0.4% | 19,272€ | -2.5% | 915€ | 4.7% | 1 | 779€ |
| 21 | Neuromont03454533 · Herceg Novi | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -3,305€ | — | 1 | — |
| 22 | Šrauba02704650 · Herceg Novi | 0.0% | 0€ | -100.0% | -6,932€ | — | 1 | — |