Telecommunications companies in Montenegro ranked by revenue 2025. This 2025 ranking uses public financial statements and the published BizStats.me methodology and eligibility criteria.
Public financial statements processed by BizStats.me.
| # | Company | PIB | Share | |||
|---|---|---|---|---|---|---|
| 12024: rank 1 | Mtel Technology · Podgorica | 02655284Income statement (PDF) | 183,440,058€ | +76.8% | 559 | 28.7% |
| 22024: rank 2 | Crnogorski Telekom Technology · Podgorica | 02289377Income statement (PDF) | 94,305,603€ | +2.9% | 465 | 14.7% |
| 32024: rank 3 | One Crna Gora Technology · Podgorica | 02242974Income statement (PDF) | 69,727,237€ | +2.7% | 384 | 10.9% |
| 42024: rank 4 | Telemach Crna Gora Technology · Podgorica | 02811618Income statement (PDF) | 16,022,459€ | +2.5% | 131 | 2.5% |
| 52024: rank 5 | Ericsson Ab Štokholm Technology · Podgorica | 03014649Income statement (PDF) | 8,653,212€ | +0.6% | 122 | 1.4% |
| 62024: rank 6 | Radio - Difuzni Centar Technology · Podgorica | 02394294Income statement (PDF) | 5,851,746€ | +2.4% | 107 | 0.9% |
| 72024: rank 7 | Wireless Montenegro Technology · Podgorica | 02863812Income statement (PDF) | 2,710,237€ | -11.1% | 19 | 0.4% |
| 82024: rank 8 | SKY Towers Infrastructure Technology · Podgorica | 03554775Income statement (PDF) | 2,668,162€ | +11.9% | 3 | 0.4% |
| 92024: rank 9 | Network Communication Technology · Tivat | 02390663Income statement (PDF) | 2,424,333€ | +46.1% | 30 | 0.4% |
| 102024: rank 10 | E - Mon Technology · Podgorica | 02420414Income statement (PDF) | 1,480,868€ | -4.6% | 6 | 0.2% |
| 112024: rank 11 | Satvision Technology · Podgorica | 03040313Income statement (PDF) | 1,468,364€ | +29.0% | 21 | 0.2% |
| 122024: rank 16 | Telegroup Technology · Podgorica | 03073203Income statement (PDF) | 953,847€ | +103.3% | 7 | 0.1% |
| 132024: rank 13 | Orion Telekom Technology · Podgorica | 02768674Income statement (PDF) | 862,198€ | +26.3% | 10 | 0.1% |
| 142024: rank 12 | Boka - Trans Technology · Podgorica | 02930102Income statement (PDF) | 793,662€ | +11.9% | 26 | 0.1% |
| 152024: rank 15 | Bujošević Technology · Podgorica | 02441411Income statement (PDF) | 679,723€ | +38.9% | 11 | 0.1% |
| 162024: rank 14 | Siol Technology · Podgorica | 02848155Income statement (PDF) | 544,448€ | +3.2% | 1 | 0.1% |
| 172024: rank 46 | M i M Production Montenegro Technology · Podgorica | 03701280Income statement (PDF) | 480,608€ | +1,101.5% | 9 | 0.1% |
| 182024: rank 19 | L-Nets Technology · Podgorica | 03258009Income statement (PDF) | 361,747€ | +22.6% | 5 | 0.1% |
| 192024: rank 20 | Eng Trade Technology · Tuzi | 03057941Income statement (PDF) | 316,412€ | +25.0% | 15 | 0.0% |
| 202024: rank 31 | MDS Network Technology · Tuzi | 03080277Income statement (PDF) | 298,813€ | +183.2% | 5 | 0.0% |
| 212024: rank 17 | Sat-Trakt Technology · Podgorica | 02443686Income statement (PDF) | 275,413€ | -19.7% | 13 | 0.0% |
| 222024: rank 18 | Ruskaja Rech Technology · Herceg Novi | 03258505Income statement (PDF) | 243,976€ | -19.0% | 5 | 0.0% |
| 232024: rank 23 | Netmont Technology · Bar | 03157601Income statement (PDF) | 238,847€ | +37.9% | 4 | 0.0% |
| 242024: rank 22 | 3G Proxy Technology · Podgorica | 03132609Income statement (PDF) | 214,876€ | -7.1% | 1 | 0.0% |
| 252024: rank 21 | Cpa Technology · Podgorica | 02837714Income statement (PDF) | 208,082€ | -13.0% | 2 | 0.0% |
| 262024: rank 58 | JR Technology · Podgorica | 03705935Income statement (PDF) | 179,058€ | +1,169.2% | 4 | 0.0% |
| 272024: rank 30 | Hemera Tech Technology · Podgorica | 02699052Income statement (PDF) | 144,030€ | +31.8% | 2 | 0.0% |
| 282024: rank 25 | Asp Co Technology · Herceg Novi | 02904683Income statement (PDF) | 143,944€ | -11.3% | 3 | 0.0% |
| 292024: rank 37 | Dial Mne Technology · Podgorica | 03281876Income statement (PDF) | 140,042€ | +118.2% | 1 | 0.0% |
| 30No filing for 2024. | Bubamaraonline Technology · Herceg Novi | 03745449Income statement (PDF) | 138,911€ | No filing for 2024. | 3 | 0.0% |
| 312024: rank 26 | Lona Trade Technology · Ulcinj | 02752646Income statement (PDF) | 138,857€ | +7.7% | 3 | 0.0% |
| 322024: rank 38 | Tele Go Technology · Podgorica | 03127427Income statement (PDF) | 103,450€ | +97.6% | 1 | 0.0% |
| 332024: rank 60 | BCL Holding Ag Technology · Herceg Novi | 03640949Income statement (PDF) | 102,553€ | +1,165.8% | 0 | 0.0% |
| 342024: rank 33 | Digital Brain Technology · Danilovgrad | 03315061Income statement (PDF) | 101,766€ | +5.7% | 4 | 0.0% |
| 352024: rank 36 | Fiber Engineering Technology · Podgorica | 03434362Income statement (PDF) | 97,510€ | +27.8% | 5 | 0.0% |
| 362024: rank 35 | Monte International Telecom Technology · Podgorica | 03482332Income statement (PDF) | 96,000€ | +12.9% | 7 | 0.0% |
| 372024: rank 29 | Logosky Technology · Herceg Novi | 03437779Income statement (PDF) | 93,039€ | -20.9% | 3 | 0.0% |
| 382024: rank 28 | Ipmont Technology · Podgorica | 02792265Income statement (PDF) | 91,540€ | -23.7% | 2 | 0.0% |
| 392024: rank 34 | GVD Mont Technology · Pljevlja | 02628147Income statement (PDF) | 90,000€ | 0.0% | 2 | 0.0% |
| 402024: rank 24 | Sysdevel Technology · Podgorica | 03058654Income statement (PDF) | 84,270€ | -51.0% | 1 | 0.0% |
| 412024: rank 32 | Rech Kabinet Technology · Herceg Novi | 03415031Income statement (PDF) | 81,734€ | -17.7% | 2 | 0.0% |
| 42No filing for 2024. | New Towers Technology · Podgorica | 03737039Income statement (PDF) | 68,620€ | No filing for 2024. | 1 | 0.0% |
| 432024: rank 55 | Omega Elektronik Technology · Podgorica | 02640562Income statement (PDF) | 57,617€ | +199.9% | 2 | 0.0% |
| 442024: rank 45 | Montel Company Montenegro Technology · Bar | 03314316Income statement (PDF) | 51,854€ | +25.5% | 2 | 0.0% |
| 452024: rank 40 | Cogent Communications Montenegro Technology · Podgorica | 02958082Income statement (PDF) | 49,920€ | 0.0% | 1 | 0.0% |
| 462024: rank 44 | FM Electronic Technology · Ulcinj | 02734770Income statement (PDF) | 46,936€ | +11.1% | 2 | 0.0% |
| 472024: rank 41 | Wimax Montenegro Technology · Podgorica | 02749092Income statement (PDF) | 40,678€ | -15.6% | 1 | 0.0% |
| 482024: rank 49 | Satellite Broadband Service Network Montenegro Technology · Podgorica | 02771454Income statement (PDF) | 37,056€ | +1.5% | 2 | 0.0% |
| 492024: rank 52 | Zire Technology · Podgorica | 02366622Income statement (PDF) | 29,615€ | +12.5% | 1 | 0.0% |
| 502024: rank 47 | Comtel Technology · Podgorica | 02316536Income statement (PDF) | 28,776€ | -24.8% | 3 | 0.0% |
Showing 1–50 · top 50 of 82 companies
This ranking contains 50 records for 2025, ordered by revenue after applying data-quality eligibility rules.
The leading record is DRUŠTVO ZA TELEKOMUNIKACIJE "MTEL" D.O.O. PODGORICA; placement is determined by revenue, never by payment.
The source, coverage, minimum thresholds and ranking rules are documented in the public methodology. Methodology