IT companies in Montenegro ranked by average monthly payroll cost per employee 2024. This 2024 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 2024, on the same criteria as the latest one. Latest list (2025)
Public financial statements processed by BizStats.me.
| # | Company | PIB | ||||
|---|---|---|---|---|---|---|
| 12023: rank 2 | Linux Development Technology · Budva | 03421252Income statement (PDF) | 7,216€ | +3.8% | 2,006,400€ | 23 |
| 2Not in the top 200 in 2023. | Anasaea Technology · Tivat | 03504409Income statement (PDF) | 5,635€ | +27.4% | 758,825€ | 10 |
| 32023: rank 4 | Belka Games Me Technology · Budva | 03418545Income statement (PDF) | 5,153€ | -9.7% | 3,241,472€ | 46 |
| 42023: rank 14 | HTL Devco Technology · Podgorica | 03421180Income statement (PDF) | 4,313€ | +28.7% | 1,459,749€ | 25 |
| 52023: rank 12 | Playrix Montenegro Technology · Podgorica | 03489159Income statement (PDF) | 4,224€ | +21.5% | 4,933,497€ | 83 |
| 62023: rank 11 | Epam Systems Montenegro Technology · Podgorica | 03381447Income statement (PDF) | 3,886€ | +9.8% | 14,787,221€ | 268 |
| 72023: rank 7 | Ooblee Technology · Podgorica | 03216446Income statement (PDF) | 3,814€ | -7.8% | 418,662€ | 11 |
| 82023: rank 10 | G5 Entertainment Technology · Podgorica | 03421198Income statement (PDF) | 3,758€ | +5.4% | 3,414,205€ | 69 |
| 92023: rank 9 | Axians - Crna Gora Technology · Podgorica | 02358514Income statement (PDF) | 3,712€ | +4.1% | 1,799,985€ | 14 |
| 102023: rank 8 | Tungsten Montenegro Technology · Podgorica | 03428184Income statement (PDF) | 3,677€ | +1.2% | 6,496,647€ | 120 |
| 112023: rank 16 | Datum Solutions Technology · Podgorica | 03073572Income statement (PDF) | 3,534€ | +7.7% | 1,368,904€ | 26 |
| 122023: rank 17 | Capvidia MN Technology · Podgorica | 03421651Income statement (PDF) | 3,127€ | -4.5% | 953,660€ | 22 |
| 132023: rank 25 | Kodio Technology · Podgorica | 03191451Income statement (PDF) | 3,031€ | +28.1% | 2,451,655€ | 31 |
| 142023: rank 24 | Polako Development Technology · Podgorica | 03493881Income statement (PDF) | 3,022€ | +24.4% | 1,730,772€ | 18 |
| 152023: rank 13 | Mankrik Technology · Budva | 03454517Income statement (PDF) | 3,014€ | -10.2% | 1,583,760€ | 28 |
| 162023: rank 5 | FSTR Technology · Podgorica | 03424804Income statement (PDF) | 2,910€ | -46.9% | 886,171€ | 18 |
| 172023: rank 19 | Infinum Montenegro Technology · Podgorica | 03360962Income statement (PDF) | 2,894€ | -3.9% | 967,903€ | 19 |
| 182023: rank 37 | Uhura Solutions Technology · Podgorica | 03274357Income statement (PDF) | 2,870€ | +73.2% | 480,773€ | 10 |
| 192023: rank 22 | Solvership Technology · Podgorica | 02713098Income statement (PDF) | 2,792€ | +12.9% | 1,999,539€ | 32 |
| 202023: rank 27 | Pos4.Me Technology · Podgorica | 02955687Income statement (PDF) | 2,643€ | +22.0% | 875,726€ | 10 |
| 212023: rank 28 | Synergysuite Technology · Podgorica | 03131343Income statement (PDF) | 2,616€ | +20.9% | 1,750,667€ | 48 |
| 222023: rank 23 | Mbanq Technology · Podgorica | 03030695Income statement (PDF) | 2,610€ | +5.8% | 391,064€ | 11 |
| 232023: rank 26 | BGS Consulting Technology · Podgorica | 03110222Income statement (PDF) | 2,561€ | +9.4% | 2,724,945€ | 45 |
| 24Not in the top 200 in 2023. | Tehnovi Technology · Herceg Novi | 03338720Income statement (PDF) | 2,336€ | -9.1% | 391,793€ | 10 |
| 25No filing for 2023. | Čikom Technology · Podgorica | 02177579Income statement (PDF) | 2,291€ | No filing for 2023. | 10,119,931€ | 69 |
| 262023: rank 3 | Arctic 7 Technology · Podgorica | 03442586Income statement (PDF) | 2,245€ | -63.6% | 428,716€ | 15 |
| 272023: rank 29 | Vega Delivery Center Montenegro Technology · Podgorica | 03374700Income statement (PDF) | 2,203€ | +4.7% | 1,930,426€ | 48 |
| 282023: rank 15 | Health Samurai Montenegro Technology · Budva | 03418472Income statement (PDF) | 2,200€ | -33.2% | 47,621€ | 15 |
| 292023: rank 35 | CDM Technology · Podgorica | 02882957Income statement (PDF) | 2,182€ | +17.3% | 591,293€ | 13 |
| 302023: rank 31 | International Bridge Technology · Podgorica | 03037258Income statement (PDF) | 1,996€ | -1.7% | 1,665,846€ | 60 |
| 312023: rank 34 | Bild Studio Technology · Podgorica | 02783061Income statement (PDF) | 1,984€ | +3.9% | 1,068,171€ | 32 |
| 322023: rank 39 | Infostream Technology · Podgorica | 02408074Income statement (PDF) | 1,975€ | +24.4% | 1,203,083€ | 19 |
| 332023: rank 54 | Amplitudo Technology · Podgorica | 02907259Income statement (PDF) | 1,902€ | +46.5% | 2,133,091€ | 71 |
| 342023: rank 43 | VG Efiskal Technology · Bar | 02631911Income statement (PDF) | 1,882€ | +24.9% | 1,393,870€ | 17 |
| 352023: rank 32 | Coremediq Technology · Podgorica | 02206951Income statement (PDF) | 1,841€ | -7.1% | 633,871€ | 22 |
| 362023: rank 49 | Ninamedia Kliping Technology · Podgorica | 03257061Income statement (PDF) | 1,820€ | +30.5% | 382,332€ | 12 |
| 372023: rank 45 | Increment Tech Technology · Nikšić | 03224066Income statement (PDF) | 1,793€ | +22.0% | 318,126€ | 10 |
| 382023: rank 51 | Bixbit Technology · Bijelo Polje | 03209296Income statement (PDF) | 1,747€ | +28.2% | 307,971€ | 11 |
| 392023: rank 40 | Logate Technology · Podgorica | 02632284Income statement (PDF) | 1,737€ | +10.4% | 3,002,045€ | 65 |
| 402023: rank 63 | Sweetsoft Technology · Herceg Novi | 03007979Income statement (PDF) | 1,713€ | +48.7% | 805,179€ | 10 |
| 412023: rank 33 | Digital Control Technology · Podgorica | 03084434Income statement (PDF) | 1,710€ | -11.5% | 402,172€ | 14 |
| 422023: rank 48 | E.C.S. Technology · Podgorica | 02390710Income statement (PDF) | 1,690€ | +17.8% | 396,742€ | 10 |
| 432023: rank 47 | S2B Technology · Podgorica | 02438925Income statement (PDF) | 1,683€ | +15.4% | 660,249€ | 16 |
| 442023: rank 50 | Portal Press Technology · Podgorica | 02770237Income statement (PDF) | 1,644€ | +18.4% | 280,933€ | 11 |
| 452023: rank 53 | B-One Technology · Podgorica | 03017087Income statement (PDF) | 1,639€ | +24.1% | 856,056€ | 23 |
| 462023: rank 36 | Codeus Technology · Podgorica | 03091627Income statement (PDF) | 1,624€ | -7.1% | 762,684€ | 23 |
| 472023: rank 20 | Nova Aura Technology · Podgorica | 03420922Income statement (PDF) | 1,622€ | -37.7% | 655,755€ | 25 |
| 482023: rank 52 | Alicorn Technology · Podgorica | 03122123Income statement (PDF) | 1,621€ | +21.0% | 599,574€ | 16 |
| 492023: rank 38 | Datalab.Mn Technology · Podgorica | 02679744Income statement (PDF) | 1,539€ | -5.6% | 1,753,136€ | 21 |
| 502023: rank 58 | Galleon Technology · Podgorica | 02780798Income statement (PDF) | 1,530€ | +27.8% | 3,590,000€ | 177 |
Showing 1–50 · top 50 of 88 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 2024, ordered by average monthly payroll cost per employee after applying data-quality eligibility rules.
The leading record is D.O.O. "LINUX DEVELOPMENT" BUDVA; 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