IT companies in Montenegro ranked by average monthly payroll cost per employee 2023. This 2023 ranking uses public financial statements and the published BizStats.me methodology and eligibility criteria. Only companies with at least 10 employees are ranked.
Archived list for 2023, on the same criteria as the latest one. Latest list (2025)
Public financial statements processed by BizStats.me.
| # | Company | PIB | ||||
|---|---|---|---|---|---|---|
| 1Not in the top 200 in 2022. | Eurofast Solutions Technology · Podgorica | 03496007Income statement (PDF) | 9,384€ | +2,463.9% | 1,202,052€ | 10 |
| 22022: rank 1 | Linux Development Technology · Budva | 03421252Income statement (PDF) | 6,955€ | +26.9% | 3,002,400€ | 35 |
| 32022: rank 2 | Arctic 7 Technology · Podgorica | 03442586Income statement (PDF) | 6,173€ | +42.8% | 2,482,265€ | 30 |
| 42022: rank 12 | Belka Games Me Technology · Budva | 03418545Income statement (PDF) | 5,707€ | +112.2% | 4,739,224€ | 60 |
| 5Not in the top 200 in 2022. | FSTR Technology · Podgorica | 03424804Income statement (PDF) | 5,484€ | +20.3% | 2,721,796€ | 16 |
| 62022: rank 5 | Artec 3D Adriatica Technology · Bar | 03413381Income statement (PDF) | 4,595€ | +35.7% | 5,294,941€ | 84 |
| 72022: rank 3 | Ooblee Technology · Podgorica | 03216446Income statement (PDF) | 4,136€ | +3.1% | 1,817,690€ | 18 |
| 82022: rank 11 | Tungsten Montenegro Technology · Podgorica | 03428184Income statement (PDF) | 3,634€ | +34.2% | 6,225,382€ | 117 |
| 92022: rank 13 | Axians - Crna Gora Technology · Podgorica | 02358514Income statement (PDF) | 3,567€ | +34.4% | 2,050,113€ | 14 |
| 102022: rank 9 | G5 Entertainment Technology · Podgorica | 03421198Income statement (PDF) | 3,567€ | +29.8% | 3,977,687€ | 80 |
| 112022: rank 4 | Epam Systems Montenegro Technology · Podgorica | 03381447Income statement (PDF) | 3,539€ | +1.5% | 17,800,804€ | 352 |
| 12Not in the top 200 in 2022. | Playrix Montenegro Technology · Podgorica | 03489159Income statement (PDF) | 3,477€ | No meaningful percentage: the 2022 or current value is zero, negative, unknown or unreliable. | 4,631,400€ | 90 |
| 132022: rank 72 | Mankrik Technology · Budva | 03454517Income statement (PDF) | 3,356€ | +571.2% | 3,169,050€ | 28 |
| 142022: rank 17 | HTL Devco Technology · Podgorica | 03421180Income statement (PDF) | 3,350€ | +81.0% | 1,682,007€ | 34 |
| 15Not in the top 200 in 2022. | Health Samurai Montenegro Technology · Budva | 03418472Income statement (PDF) | 3,292€ | +26.9% | 1,681,888€ | 21 |
| 162022: rank 6 | Datum Solutions Technology · Podgorica | 03073572Income statement (PDF) | 3,280€ | +3.2% | 1,293,162€ | 27 |
| 17Not in the top 200 in 2022. | Capvidia MN Technology · Podgorica | 03421651Income statement (PDF) | 3,275€ | +23.1% | 961,185€ | 19 |
| 182022: rank 7 | Quantox Technology Technology · Podgorica | 03373398Income statement (PDF) | 3,258€ | +9.8% | 467,174€ | 11 |
| 192022: rank 8 | Infinum Montenegro Technology · Podgorica | 03360962Income statement (PDF) | 3,010€ | +3.6% | 1,009,443€ | 18 |
| 20Not in the top 200 in 2022. | Nova Aura Technology · Podgorica | 03420922Income statement (PDF) | 2,603€ | -21.6% | 515,815€ | 18 |
| 212022: rank 14 | Finagate Technology · Podgorica | 02957418Income statement (PDF) | 2,566€ | -1.2% | 327,169€ | 10 |
| 222022: rank 15 | Solvership Technology · Podgorica | 02713098Income statement (PDF) | 2,473€ | +18.7% | 1,620,938€ | 32 |
| 23Not in the top 200 in 2022. | Mbanq Technology · Podgorica | 03030695Income statement (PDF) | 2,467€ | -12.5% | 410,040€ | 11 |
| 24Not in the top 200 in 2022. | Polako Development Technology · Podgorica | 03493881Income statement (PDF) | 2,430€ | No meaningful percentage: the 2022 or current value is zero, negative, unknown or unreliable. | 569,078€ | 11 |
| 252022: rank 10 | Kodio Technology · Podgorica | 03191451Income statement (PDF) | 2,366€ | -13.6% | 8,654,927€ | 29 |
| 262022: rank 16 | BGS Consulting Technology · Podgorica | 03110222Income statement (PDF) | 2,340€ | +23.9% | 1,864,646€ | 35 |
| 27Not in the top 200 in 2022. | Pos4.Me Technology · Podgorica | 02955687Income statement (PDF) | 2,166€ | -2.4% | 715,215€ | 10 |
| 282022: rank 20 | Synergysuite Technology · Podgorica | 03131343Income statement (PDF) | 2,163€ | +23.9% | 1,600,000€ | 51 |
| 292022: rank 22 | Vega Delivery Center Montenegro Technology · Podgorica | 03374700Income statement (PDF) | 2,104€ | +25.8% | 1,537,781€ | 35 |
| 302022: rank 41 | Net2me Technology · Podgorica | 03241335Income statement (PDF) | 2,063€ | +87.4% | 510,777€ | 10 |
| 312022: rank 24 | International Bridge Technology · Podgorica | 03037258Income statement (PDF) | 2,031€ | +35.9% | 1,348,731€ | 49 |
| 322022: rank 18 | Coremediq Technology · Podgorica | 02206951Income statement (PDF) | 1,981€ | +11.4% | 673,149€ | 21 |
| 332022: rank 27 | Digital Control Technology · Podgorica | 03084434Income statement (PDF) | 1,932€ | +41.7% | 308,557€ | 10 |
| 342022: rank 21 | Bild Studio Technology · Podgorica | 02783061Income statement (PDF) | 1,909€ | +11.4% | 1,660,250€ | 58 |
| 352022: rank 19 | CDM Technology · Podgorica | 02882957Income statement (PDF) | 1,860€ | +5.7% | 469,325€ | 13 |
| 362022: rank 26 | Codeus Technology · Podgorica | 03091627Income statement (PDF) | 1,749€ | +26.7% | 945,201€ | 24 |
| 372022: rank 31 | Uhura Solutions Technology · Podgorica | 03274357Income statement (PDF) | 1,657€ | +25.6% | 585,730€ | 20 |
| 382022: rank 30 | Datalab.Mn Technology · Podgorica | 02679744Income statement (PDF) | 1,631€ | +23.7% | 1,498,539€ | 16 |
| 392022: rank 29 | Infostream Technology · Podgorica | 02408074Income statement (PDF) | 1,588€ | +19.8% | 1,186,842€ | 20 |
| 402022: rank 25 | Logate Technology · Podgorica | 02632284Income statement (PDF) | 1,574€ | +10.1% | 2,747,602€ | 59 |
| 41Not in the top 200 in 2022. | BD Software Technology · Budva | 03417140Income statement (PDF) | 1,554€ | +311.1% | 763,575€ | 26 |
| 422022: rank 50 | Codepixel Technology · Podgorica | 03200116Income statement (PDF) | 1,514€ | +50.8% | 391,618€ | 14 |
| 432022: rank 40 | VG Efiskal Technology · Bar | 02631911Income statement (PDF) | 1,507€ | +35.3% | 1,272,989€ | 17 |
| 442022: rank 35 | Customertimes Montenegro Technology · Podgorica | 03413616Income statement (PDF) | 1,506€ | +21.2% | 3,025,000€ | 143 |
| 452022: rank 32 | Increment Tech Technology · Nikšić | 03224066Income statement (PDF) | 1,470€ | +12.6% | 263,302€ | 12 |
| 462022: rank 28 | Data Design Technology · Podgorica | 02801566Income statement (PDF) | 1,462€ | +8.3% | 11,599,535€ | 28 |
| 472022: rank 36 | S2B Technology · Podgorica | 02438925Income statement (PDF) | 1,458€ | +24.1% | 544,374€ | 14 |
| 482022: rank 34 | E.C.S. Technology · Podgorica | 02390710Income statement (PDF) | 1,435€ | +11.8% | 497,785€ | 12 |
| 492022: rank 53 | Ninamedia Kliping Technology · Podgorica | 03257061Income statement (PDF) | 1,395€ | +49.7% | 276,235€ | 11 |
| 502022: rank 43 | Portal Press Technology · Podgorica | 02770237Income statement (PDF) | 1,389€ | +28.5% | 244,265€ | 11 |
Showing 1–50 · top 50 of 94 companies
* 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 →
This ranking contains 50 records for 2023, ordered by average monthly payroll cost per employee after applying data-quality eligibility rules.
The leading record is "EUROFAST SOLUTIONS" D.O.O. BEOGRAD - DIO STRANOG DRUŠTVA PODGORICA; placement is determined by average monthly payroll cost per employee, never by payment.
The source, coverage, minimum thresholds and ranking rules are documented in the public methodology. Methodology