Telecommunications companies in Montenegro ranked by revenue 2019. This 2019 ranking uses public financial statements and the published BizStats.me methodology and eligibility criteria.
Archived list for 2019, on the same criteria as the latest one. Latest list (2025)
Public financial statements processed by BizStats.me.
| # | Company | PIB | Share | |||
|---|---|---|---|---|---|---|
| 12018: rank 1 | Crnogorski Telekom Technology · Podgorica | 02289377Income statement (PDF) | 80,728,418€ | -5.1% | 516 | 24.6% |
| 22018: rank 2 | Mtel Technology · Podgorica | 02655284Income statement (PDF) | 78,727,774€ | +10.8% | 325 | 24.0% |
| 32018: rank 3 | One Crna Gora Technology · Podgorica | 02242974Income statement (PDF) | 54,386,233€ | -8.9% | 205 | 16.6% |
| 42018: rank 4 | Telemach Crna Gora Technology · Podgorica | 02811618Income statement (PDF) | 14,800,022€ | +2.1% | 125 | 4.5% |
| 52018: rank 5 | Ericsson Ab Štokholm Technology · Podgorica | 03014649Income statement (PDF) | 7,771,401€ | -12.5% | 113 | 2.4% |
| 62018: rank 6 | Radio - Difuzni Centar Technology · Podgorica | 02394294Income statement (PDF) | 5,453,576€ | -1.0% | 108 | 1.7% |
| 72018: rank 8 | Wireless Montenegro Technology · Podgorica | 02863812Income statement (PDF) | 3,048,200€ | +66.9% | 16 | 0.9% |
| 82018: rank 9 | Network Communication Technology · Tivat | 02390663Income statement (PDF) | 1,735,481€ | +19.4% | 33 | 0.5% |
| 92018: rank 7 | Bujošević Technology · Podgorica | 02441411Income statement (PDF) | 1,321,569€ | -53.3% | 10 | 0.4% |
| 102018: rank 10 | E - Mon Technology · Podgorica | 02420414Income statement (PDF) | 991,964€ | +1.2% | 6 | 0.3% |
| 112018: rank 15 | Satvision Technology · Podgorica | 03040313Income statement (PDF) | 720,418€ | +71.5% | 8 | 0.2% |
| 122018: rank 14 | Orion Telekom Technology · Podgorica | 02768674Income statement (PDF) | 566,627€ | +17.4% | 16 | 0.2% |
| 132018: rank 21 | Sysdevel Technology · Podgorica | 03058654Income statement (PDF) | 559,500€ | +165.8% | 2 | 0.2% |
| 142018: rank 13 | Siol Technology · Podgorica | 02848155Income statement (PDF) | 482,010€ | -0.7% | 1 | 0.1% |
| 152018: rank 11 | Telegroup Technology · Podgorica | 03073203Income statement (PDF) | 393,574€ | -46.1% | 6 | 0.1% |
| 162018: rank 12 | Sat-Trakt Technology · Podgorica | 02443686Income statement (PDF) | 364,157€ | -28.5% | 12 | 0.1% |
| 172018: rank 18 | Eng Trade Technology · Tuzi | 03057941Income statement (PDF) | 315,749€ | +8.4% | 15 | 0.1% |
| 182018: rank 20 | 3G Proxy Technology · Podgorica | 03132609Income statement (PDF) | 306,642€ | +37.9% | 7 | 0.1% |
| 192018: rank 17 | Ipmont Technology · Podgorica | 02792265Income statement (PDF) | 218,345€ | -30.6% | 1 | 0.1% |
| 202018: rank 19 | Wimax Montenegro Technology · Podgorica | 02749092Income statement (PDF) | 175,612€ | -29.7% | 1 | 0.1% |
| 212018: rank 26 | BT Montenegro Technology · Podgorica | 02662035Income statement (PDF) | 167,201€ | +45.8% | 1 | 0.1% |
| 222018: rank 16 | NK-Projekt Montenegro Technology · Nikšić | 03086950Income statement (PDF) | 152,677€ | -52.1% | 7 | 0.0% |
| 232018: rank 24 | Najtel Technology · Podgorica | 02346494Income statement (PDF) | 151,552€ | +13.3% | 7 | 0.0% |
| 242018: rank 23 | Satellite Broadband Service Network Montenegro Technology · Podgorica | 02771454Income statement (PDF) | 150,632€ | -1.0% | 3 | 0.0% |
| 252018: rank 22 | MDS Network Technology · Tuzi | 03080277Income statement (PDF) | 136,488€ | -14.5% | 3 | 0.0% |
| 262018: rank 28 | Asp Co Technology · Herceg Novi | 02904683Income statement (PDF) | 133,695€ | +34.9% | 4 | 0.0% |
| 272018: rank 27 | Lona Trade Technology · Ulcinj | 02752646Income statement (PDF) | 121,606€ | +9.7% | 1 | 0.0% |
| 282018: rank 31 | Comtel Technology · Podgorica | 02316536Income statement (PDF) | 108,917€ | +40.8% | 2 | 0.0% |
| 292018: rank 41 | Boka - Trans Technology · Podgorica | 02930102Income statement (PDF) | 99,905€ | +486.4% | 1 | 0.0% |
| 302018: rank 25 | Telemon Technology · Podgorica | 02918315Income statement (PDF) | 95,576€ | -27.3% | 1 | 0.0% |
| 312018: rank 32 | Hemera Tech Technology · Podgorica | 02699052Income statement (PDF) | 91,357€ | +33.3% | 4 | 0.0% |
| 322018: rank 34 | Cpa Technology · Podgorica | 02837714Income statement (PDF) | 88,832€ | +45.4% | 1 | 0.0% |
| 332018: rank 39 | M Connect Technology · Podgorica | 03198561Income statement (PDF) | 88,678€ | +235.2% | 2 | 0.0% |
| 342018: rank 29 | Margo MN Nikšić Technology · Nikšić | 03162427Income statement (PDF) | 87,359€ | +0.7% | 1 | 0.0% |
| 352018: rank 33 | GVD Mont Technology · Pljevlja | 02628147Income statement (PDF) | 66,000€ | 0.0% | 1 | 0.0% |
| 36No filing for 2018. | Net BB Technology · Podgorica | 03255263Income statement (PDF) | 50,791€ | No filing for 2018. | 1 | 0.0% |
| 372018: rank 35 | Omega Elektronik Technology · Podgorica | 02640562Income statement (PDF) | 50,476€ | -1.6% | 3 | 0.0% |
| 382018: rank 38 | Soficom Technology · Rožaje | 02779978Income statement (PDF) | 48,015€ | +79.3% | 3 | 0.0% |
| 392018: rank 47 | Tele Go Technology · Podgorica | 03127427Income statement (PDF) | 44,620€ | +340.4% | 1 | 0.0% |
| 402018: rank 45 | Novatech Technology · Podgorica | 03161803Income statement (PDF) | 29,439€ | +146.0% | 1 | 0.0% |
| 412018: rank 37 | In Net Media Technology · Podgorica | 03002420Income statement (PDF) | 29,250€ | 0.0% | 1 | 0.0% |
| 422018: rank 60 | Seci Technology · Podgorica | 02646285Income statement (PDF) | 28,498€ | No meaningful percentage: the 2018 or current value is zero, negative, unknown or unreliable. | 1 | 0.0% |
| 43No filing for 2018. | L-Nets Technology · Podgorica | 03258009Income statement (PDF) | 27,227€ | No filing for 2018. | 2 | 0.0% |
| 442018: rank 44 | Zire Technology · Podgorica | 02366622Income statement (PDF) | 17,079€ | +32.0% | 1 | 0.0% |
| 452018: rank 42 | Batel Technology · Podgorica | 02337355Income statement (PDF) | 16,394€ | +0.8% | 1 | 0.0% |
| 462018: rank 43 | Oden Gaming Network Technology · Podgorica | 02925192Income statement (PDF) | 15,500€ | 0.0% | 1 | 0.0% |
| 472018: rank 40 | Bum Tek Technology · Podgorica | 02421089Income statement (PDF) | 11,965€ | -30.7% | 2 | 0.0% |
| 482018: rank 36 | Mtech Technology · Podgorica | 02990164Income statement (PDF) | 11,171€ | -64.3% | 1 | 0.0% |
| 49No filing for 2018. | Ruskaja Rech Technology · Herceg Novi | 03258505Income statement (PDF) | 10,834€ | No filing for 2018. | 1 | 0.0% |
| 50No filing for 2018. | Orion BV 37 Technology · Podgorica | 03266745Income statement (PDF) | 8,490€ | No filing for 2018. | 1 | 0.0% |
Showing 1–50 · top 50 of 71 companies
This ranking contains 50 records for 2019, ordered by revenue after applying data-quality eligibility rules.
The leading record is CRNOGORSKI TELEKOM A.D. PODGORICA; placement is determined by revenue, never by payment.
The source, coverage, minimum thresholds and ranking rules are documented in the public methodology. Methodology