Telecommunications companies in Montenegro ranked by revenue 2023. This 2023 ranking uses public financial statements and the published BizStats.me methodology and eligibility criteria.
Archived list for 2023, on the same criteria as the latest one. Latest list (2025)
Public financial statements processed by BizStats.me.
| # | Company | PIB | Share | |||
|---|---|---|---|---|---|---|
| 12022: rank 1 | Mtel Technology · Podgorica | 02655284Income statement (PDF) | 111,503,228€ | +36.6% | 487 | 20.5% |
| 22022: rank 2 | Crnogorski Telekom Technology · Podgorica | 02289377Income statement (PDF) | 84,587,949€ | +6.0% | 470 | 15.6% |
| 32022: rank 3 | One Crna Gora Technology · Podgorica | 02242974Income statement (PDF) | 63,261,027€ | +12.9% | 364 | 11.7% |
| 42022: rank 4 | Telemach Crna Gora Technology · Podgorica | 02811618Income statement (PDF) | 14,528,538€ | +2.8% | 138 | 2.7% |
| 52022: rank 5 | Ericsson Ab Štokholm Technology · Podgorica | 03014649Income statement (PDF) | 8,076,272€ | +1.2% | 117 | 1.5% |
| 62022: rank 6 | Radio - Difuzni Centar Technology · Podgorica | 02394294Income statement (PDF) | 5,913,917€ | +12.0% | 105 | 1.1% |
| 72022: rank 7 | Wireless Montenegro Technology · Podgorica | 02863812Income statement (PDF) | 2,594,829€ | -48.1% | 26 | 0.5% |
| 82022: rank 8 | Network Communication Technology · Tivat | 02390663Income statement (PDF) | 1,702,546€ | -16.0% | 30 | 0.3% |
| 92022: rank 10 | E - Mon Technology · Podgorica | 02420414Income statement (PDF) | 1,093,286€ | +20.1% | 6 | 0.2% |
| 102022: rank 15 | Cpa Technology · Podgorica | 02837714Income statement (PDF) | 1,072,108€ | +192.4% | 2 | 0.2% |
| 112022: rank 9 | Satvision Technology · Podgorica | 03040313Income statement (PDF) | 995,512€ | -9.0% | 21 | 0.2% |
| 122022: rank 11 | Bujošević Technology · Podgorica | 02441411Income statement (PDF) | 921,828€ | +15.1% | 7 | 0.2% |
| 132022: rank 12 | Orion Telekom Technology · Podgorica | 02768674Income statement (PDF) | 646,174€ | +9.9% | 11 | 0.1% |
| 142022: rank 13 | Siol Technology · Podgorica | 02848155Income statement (PDF) | 542,969€ | +3.7% | 1 | 0.1% |
| 152022: rank 16 | Boka - Trans Technology · Podgorica | 02930102Income statement (PDF) | 542,103€ | +64.5% | 19 | 0.1% |
| 162022: rank 25 | Telegroup Technology · Podgorica | 03073203Income statement (PDF) | 429,963€ | +144.9% | 7 | 0.1% |
| 172022: rank 19 | Sat-Trakt Technology · Podgorica | 02443686Income statement (PDF) | 330,068€ | +36.2% | 9 | 0.1% |
| 182022: rank 14 | Sysdevel Technology · Podgorica | 03058654Income statement (PDF) | 292,870€ | -26.2% | 2 | 0.1% |
| 192022: rank 18 | Eng Trade Technology · Tuzi | 03057941Income statement (PDF) | 284,039€ | +8.8% | 16 | 0.1% |
| 202022: rank 17 | 3G Proxy Technology · Podgorica | 03132609Income statement (PDF) | 267,356€ | -7.3% | 4 | 0.0% |
| 212022: rank 23 | Ruskaja Rech Technology · Herceg Novi | 03258505Income statement (PDF) | 233,996€ | +25.6% | 5 | 0.0% |
| 222022: rank 21 | Asp Co Technology · Herceg Novi | 02904683Income statement (PDF) | 211,919€ | +11.5% | 3 | 0.0% |
| 232022: rank 28 | L-Nets Technology · Podgorica | 03258009Income statement (PDF) | 203,168€ | +86.1% | 3 | 0.0% |
| 24No filing for 2022. | SKY Towers Infrastructure Technology · Podgorica | 03554775Income statement (PDF) | 190,690€ | No filing for 2022. | 1 | 0.0% |
| 252022: rank 49 | Monte International Telecom Technology · Podgorica | 03482332Income statement (PDF) | 165,000€ | +448.2% | 8 | 0.0% |
| 262022: rank 24 | Ipmont Technology · Podgorica | 02792265Income statement (PDF) | 139,792€ | -25.0% | 2 | 0.0% |
| 272022: rank 30 | Netmont Technology · Bar | 03157601Income statement (PDF) | 132,489€ | +39.7% | 3 | 0.0% |
| 282022: rank 26 | Najtel Technology · Podgorica | 02346494Income statement (PDF) | 119,444€ | -1.3% | 2 | 0.0% |
| 292022: rank 22 | Simes Net Technology · Podgorica | 03264289Income statement (PDF) | 112,545€ | -40.2% | 1 | 0.0% |
| 302022: rank 27 | Lona Trade Technology · Ulcinj | 02752646Income statement (PDF) | 105,961€ | -3.5% | 3 | 0.0% |
| 312022: rank 31 | Hemera Tech Technology · Podgorica | 02699052Income statement (PDF) | 97,855€ | +3.5% | 2 | 0.0% |
| 322022: rank 34 | GVD Mont Technology · Pljevlja | 02628147Income statement (PDF) | 86,631€ | +33.5% | 2 | 0.0% |
| 332022: rank 44 | Rech Kabinet Technology · Herceg Novi | 03415031Income statement (PDF) | 85,351€ | +99.4% | 2 | 0.0% |
| 342022: rank 33 | MDS Network Technology · Tuzi | 03080277Income statement (PDF) | 79,183€ | +13.3% | 3 | 0.0% |
| 352022: rank 40 | Comtel Technology · Podgorica | 02316536Income statement (PDF) | 75,314€ | +62.0% | 3 | 0.0% |
| 362022: rank 32 | Digital Brain Technology · Danilovgrad | 03315061Income statement (PDF) | 70,444€ | -19.3% | 4 | 0.0% |
| 372022: rank 70 | X Tech Montenegro Technology · Podgorica | 03420272Income statement (PDF) | 62,317€ | No meaningful percentage: the 2022 or current value is zero, negative, unknown or unreliable. | 10 | 0.0% |
| 382022: rank 56 | Fiber Engineering Technology · Podgorica | 03434362Income statement (PDF) | 56,879€ | +530.6% | 4 | 0.0% |
| 392022: rank 20 | Wimax Montenegro Technology · Podgorica | 02749092Income statement (PDF) | 51,089€ | -75.9% | 1 | 0.0% |
| 402022: rank 37 | Cogent Communications Montenegro Technology · Podgorica | 02958082Income statement (PDF) | 49,920€ | 0.0% | 1 | 0.0% |
| 412022: rank 48 | BT Montenegro Technology · Podgorica | 02662035Income statement (PDF) | 49,866€ | +43.0% | 1 | 0.0% |
| 422022: rank 42 | Connect Mne Technology · Berane | 03257681Income statement (PDF) | 48,472€ | +9.0% | 1 | 0.0% |
| 432022: rank 38 | Novatech Technology · Podgorica | 03161803Income statement (PDF) | 41,565€ | -12.6% | 3 | 0.0% |
| 442022: rank 47 | FM Electronic Technology · Ulcinj | 02734770Income statement (PDF) | 41,237€ | +15.3% | 2 | 0.0% |
| 452022: rank 66 | Globalstar Montenegro Technology · Podgorica | 03186873Income statement (PDF) | 39,089€ | No meaningful percentage: the 2022 or current value is zero, negative, unknown or unreliable. | 1 | 0.0% |
| 462022: rank 46 | Dial Mne Technology · Podgorica | 03281876Income statement (PDF) | 38,216€ | +3.7% | 1 | 0.0% |
| 472022: rank 43 | Tele Go Technology · Podgorica | 03127427Income statement (PDF) | 32,500€ | -26.1% | 1 | 0.0% |
| 482022: rank 45 | Soficom Technology · Rožaje | 02779978Income statement (PDF) | 30,743€ | -20.6% | 1 | 0.0% |
| 492022: rank 54 | Net BB Technology · Podgorica | 03255263Income statement (PDF) | 30,508€ | +61.4% | 1 | 0.0% |
| 502022: rank 39 | Satellite Broadband Service Network Montenegro Technology · Podgorica | 02771454Income statement (PDF) | 30,262€ | -35.9% | 2 | 0.0% |
Showing 1–50 · top 50 of 80 companies
This ranking contains 50 records for 2023, 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