Telecommunications companies in Montenegro ranked by revenue 2021. This 2021 ranking uses public financial statements and the published BizStats.me methodology and eligibility criteria.
Archived list for 2021, on the same criteria as the latest one. Latest list (2025)
Public financial statements processed by BizStats.me.
| # | Company | PIB | Share | |||
|---|---|---|---|---|---|---|
| 12020: rank 1 | Mtel Technology · Podgorica | 02655284Income statement (PDF) | 78,936,251€ | +5.2% | 434 | 23.0% |
| 22020: rank 2 | Crnogorski Telekom Technology · Podgorica | 02289377Income statement (PDF) | 76,107,915€ | +2.4% | 495 | 22.1% |
| 32020: rank 3 | One Crna Gora Technology · Podgorica | 02242974Income statement (PDF) | 52,803,793€ | +15.4% | 321 | 15.4% |
| 42020: rank 4 | Telemach Crna Gora Technology · Podgorica | 02811618Income statement (PDF) | 13,745,349€ | -1.2% | 130 | 4.0% |
| 52020: rank 5 | Ericsson Ab Štokholm Technology · Podgorica | 03014649Income statement (PDF) | 7,309,374€ | -9.5% | 93 | 2.1% |
| 62020: rank 6 | Radio - Difuzni Centar Technology · Podgorica | 02394294Income statement (PDF) | 5,461,674€ | -2.0% | 105 | 1.6% |
| 72020: rank 7 | Wireless Montenegro Technology · Podgorica | 02863812Income statement (PDF) | 2,451,771€ | -0.2% | 18 | 0.7% |
| 82020: rank 8 | Network Communication Technology · Tivat | 02390663Income statement (PDF) | 1,416,328€ | -39.8% | 30 | 0.4% |
| 92020: rank 10 | E - Mon Technology · Podgorica | 02420414Income statement (PDF) | 878,640€ | -13.3% | 6 | 0.3% |
| 102020: rank 11 | Satvision Technology · Podgorica | 03040313Income statement (PDF) | 858,763€ | +10.4% | 19 | 0.2% |
| 112020: rank 12 | Orion Telekom Technology · Podgorica | 02768674Income statement (PDF) | 541,110€ | -11.7% | 11 | 0.2% |
| 122020: rank 13 | Siol Technology · Podgorica | 02848155Income statement (PDF) | 511,597€ | +1.2% | 1 | 0.1% |
| 132020: rank 14 | Sat-Trakt Technology · Podgorica | 02443686Income statement (PDF) | 414,169€ | -6.9% | 12 | 0.1% |
| 142020: rank 9 | Bujošević Technology · Podgorica | 02441411Income statement (PDF) | 392,593€ | -72.2% | 7 | 0.1% |
| 152020: rank 17 | Sysdevel Technology · Podgorica | 03058654Income statement (PDF) | 336,950€ | +26.4% | 2 | 0.1% |
| 162020: rank 20 | Boka - Trans Technology · Podgorica | 02930102Income statement (PDF) | 302,909€ | +87.8% | 6 | 0.1% |
| 172020: rank 16 | Telegroup Technology · Podgorica | 03073203Income statement (PDF) | 296,026€ | +1.3% | 9 | 0.1% |
| 182020: rank 19 | 3G Proxy Technology · Podgorica | 03132609Income statement (PDF) | 290,071€ | +28.3% | 3 | 0.1% |
| 192020: rank 24 | Cpa Technology · Podgorica | 02837714Income statement (PDF) | 281,954€ | +132.5% | 2 | 0.1% |
| 202020: rank 18 | Ipmont Technology · Podgorica | 02792265Income statement (PDF) | 225,106€ | -0.7% | 1 | 0.1% |
| 212020: rank 28 | Najtel Technology · Podgorica | 02346494Income statement (PDF) | 185,952€ | +105.0% | 6 | 0.1% |
| 222020: rank 15 | Eng Trade Technology · Tuzi | 03057941Income statement (PDF) | 183,707€ | -54.6% | 14 | 0.1% |
| 232020: rank 22 | Asp Co Technology · Herceg Novi | 02904683Income statement (PDF) | 153,878€ | +22.1% | 4 | 0.0% |
| 242020: rank 45 | Simes Net Technology · Podgorica | 03264289Income statement (PDF) | 131,939€ | +746.0% | 1 | 0.0% |
| 252020: rank 32 | Hemera Tech Technology · Podgorica | 02699052Income statement (PDF) | 104,969€ | +59.8% | 2 | 0.0% |
| 262020: rank 21 | Satellite Broadband Service Network Montenegro Technology · Podgorica | 02771454Income statement (PDF) | 85,657€ | -44.5% | 1 | 0.0% |
| 272020: rank 43 | Digital Brain Technology · Danilovgrad | 03315061Income statement (PDF) | 80,675€ | +233.7% | 1 | 0.0% |
| 282020: rank 30 | Lona Trade Technology · Ulcinj | 02752646Income statement (PDF) | 80,474€ | +1.8% | 2 | 0.0% |
| 292020: rank 27 | MDS Network Technology · Tuzi | 03080277Income statement (PDF) | 75,760€ | -20.5% | 2 | 0.0% |
| 302020: rank 33 | NK-Projekt Montenegro Technology · Nikšić | 03086950Income statement (PDF) | 75,551€ | +41.7% | 3 | 0.0% |
| 312020: rank 25 | L-Nets Technology · Podgorica | 03258009Income statement (PDF) | 74,114€ | -31.1% | 3 | 0.0% |
| 322020: rank 35 | Tele Go Technology · Podgorica | 03127427Income statement (PDF) | 70,048€ | +50.6% | 0 | 0.0% |
| 332020: rank 38 | Netmont Technology · Bar | 03157601Income statement (PDF) | 66,734€ | +74.7% | 3 | 0.0% |
| 342020: rank 29 | Comtel Technology · Podgorica | 02316536Income statement (PDF) | 66,683€ | -23.8% | 3 | 0.0% |
| 352020: rank 23 | BT Montenegro Technology · Podgorica | 02662035Income statement (PDF) | 65,213€ | -47.6% | 1 | 0.0% |
| 362020: rank 56 | Net BB Technology · Podgorica | 03255263Income statement (PDF) | 62,380€ | +6,466.3% | 1 | 0.0% |
| 372020: rank 31 | GVD Mont Technology · Pljevlja | 02628147Income statement (PDF) | 62,172€ | -6.1% | 2 | 0.0% |
| 382020: rank 36 | Ruskaja Rech Technology · Herceg Novi | 03258505Income statement (PDF) | 59,531€ | +29.0% | 3 | 0.0% |
| 392020: rank 26 | Wimax Montenegro Technology · Podgorica | 02749092Income statement (PDF) | 58,166€ | -45.7% | 1 | 0.0% |
| 402020: rank 40 | Omega Elektronik Technology · Podgorica | 02640562Income statement (PDF) | 48,521€ | +32.1% | 1 | 0.0% |
| 412020: rank 50 | Ittara Solutions Technology · Podgorica | 03326616Income statement (PDF) | 39,642€ | +414.3% | 1 | 0.0% |
| 422020: rank 64 | Montel Company Montenegro Technology · Bar | 03314316Income statement (PDF) | 39,298€ | No meaningful percentage: the 2020 or current value is zero, negative, unknown or unreliable. | 4 | 0.0% |
| 432020: rank 37 | Soficom Technology · Rožaje | 02779978Income statement (PDF) | 34,089€ | -16.6% | 2 | 0.0% |
| 442020: rank 39 | Novatech Technology · Podgorica | 03161803Income statement (PDF) | 33,935€ | -11.1% | 3 | 0.0% |
| 452020: rank 58 | Cogent Communications Montenegro Technology · Podgorica | 02958082Income statement (PDF) | 29,120€ | No meaningful percentage: the 2020 or current value is zero, negative, unknown or unreliable. | 1 | 0.0% |
| 462020: rank 42 | Connect Mne Technology · Berane | 03257681Income statement (PDF) | 25,749€ | -12.7% | 1 | 0.0% |
| 472020: rank 52 | Dial Mne Technology · Podgorica | 03281876Income statement (PDF) | 24,903€ | +324.5% | 1 | 0.0% |
| 482020: rank 41 | M Connect Technology · Podgorica | 03198561Income statement (PDF) | 23,926€ | -21.7% | 2 | 0.0% |
| 492020: rank 73 | Oden Gaming Network Technology · Podgorica | 02925192Income statement (PDF) | 21,510€ | No meaningful percentage: the 2020 or current value is zero, negative, unknown or unreliable. | 1 | 0.0% |
| 502020: rank 55 | FM Electronic Technology · Ulcinj | 02734770Income statement (PDF) | 17,843€ | +1,535.5% | 1 | 0.0% |
Showing 1–50 · top 50 of 72 companies
This ranking contains 50 records for 2021, 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