Revenue
27.3% of sector revenue
1,621 companies earned 2.06b€ in 2025, 27.3% of Trade sector revenue. Revenue has grown 2.3× since 2015.
27.3% of sector revenue
977 with at most one employee
Largest employer: Voli Trade (2,406)
Median company 2.6% · 43% profitable
Average per employee, not per company
Revenue in € million (bars) and filing companies (below), 2015–2025
Revenue change vs 2024, companies with at least 1m€ that year
Ranked by total revenue · Showing 551–600 of 1,621
* 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 →
Totals include 1 sole proprietor: natural persons whose statements are shown only in aggregate, never by name. The company count excludes them. How we calculate →
The activity title is the code's title in the KD 2010 classification (NACE Rev. 2), which applies to every year shown. The registry now shows titles from the new classification for the same codes, so titles can differ.
| Year | Revenue | Companies |
|---|---|---|
| 2015 | 900,669,957€ | 921 |
| 2016 | 964,118,232€ | 950 |
| 2017 | 1,051,037,248€ | 1,011 |
| 2018 | 1,098,749,824€ | 1,106 |
| 2019 | 1,138,974,974€ | 1,172 |
| 2020 | 1,002,515,657€ | 1,236 |
| 2021 | 1,200,947,089€ | 1,281 |
| 2022 | 1,511,714,430€ | 1,413 |
| 2023 | 1,724,556,676€ | 1,662 |
| 2024 | 1,871,075,248€ | 1,701 |
| 2025 (Preliminary) | 2,064,616,617€ | 1,621 |
Employees and payroll cost per employee per month*
<0.1% |
| 119,088€ |
| -34.9% |
| -7,639€ |
| -6.4% |
| 1 |
| 2,492€ |
| 553 | Am Pharm03324184 · Podgorica | <0.1% | 118,570€ | +63.5% | 675€ | 0.6% | 1 | 4,446€ |
| 554 | Infinity Board & Paper03115275 · Budva | <0.1% | 118,464€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -15,567€ | -13.1% | 2 | 753€ |
| 555 | Ice Company02261065 · Podgorica | <0.1% | 115,101€ | -10.5% | 636€ | 0.6% | 2 | 630€ |
| 556 | Neonet CG03249735 · Podgorica | <0.1% | 114,753€ | +5.8% | -2,829€ | -2.5% | 3 | 520€ |
| 557 | Labeq03352137 · Podgorica | <0.1% | 114,000€ | +1,800.0% | 44,317€ | 38.9% | 1 | 900€ |
| 558 | TSG Group03488080 · Podgorica | <0.1% | 113,953€ | -3.7% | 7,263€ | 6.4% | 2 | 1,433€ |
| 559 | Yu Lovćen02061392 · Bar | <0.1% | 112,754€ | +27.2% | 7,697€ | 6.8% | 5 | 745€ |
| 560 | Agrotrade02128187 · Podgorica | <0.1% | 111,148€ | -19.1% | -30,073€ | -27.1% | 4 | 678€ |
| 561 | KSM Sistemi02424568 · Podgorica | <0.1% | 110,886€ | -18.1% | 3,775€ | 3.4% | 6 | 734€ |
| 562 | Sage Export02292777 · Bar | <0.1% | 110,854€ | -24.2% | 2,800€ | 2.5% | 6 | 822€ |
| 563 | Madžgalj Company02303787 · Bijelo Polje | <0.1% | 110,306€ | -0.1% | -48,589€ | -44.0% | 8 | 627€ |
| 564 | Mons Trade and Consultancy LLC03263479 · Podgorica | <0.1% | 109,376€ | +5.2% | 83,471€ | 76.3% | 1 | 337€ |
| 565 | Mum03630641 · Podgorica | <0.1% | 109,209€ | +17.8% | 11,883€ | 10.9% | 1 | 603€ |
| 566 | Dimi Exim Multilevel02415658 · Podgorica | <0.1% | 106,997€ | -25.7% | 47,191€ | 44.1% | 3 | 587€ |
| 567 | Thermo Max Mne03478971 · Budva | <0.1% | 105,434€ | +430.0% | 6,281€ | 6.0% | 2 | 1,857€ |
| 568 | Apia Trade03127109 · Budva | <0.1% | 104,646€ | +95.1% | 15,542€ | 14.9% | 4 | 810€ |
| 569 | PF Tivat03404951 · Tivat | <0.1% | 104,388€ | +11.3% | 72,919€ | 69.9% | 1 | 1,013€ |
| 570 | Accessories and Fashion Gift02811715 · Bar | <0.1% | 102,736€ | +14.1% | 2,968€ | 2.9% | 3 | — |
| 571 | Filip02680157 · Nikšić | <0.1% | 102,077€ | -3.4% | 1,734€ | 1.7% | 1 | 685€ |
| 572 | Worldwide Intermix03488039 · Tuzi | <0.1% | 101,713€ | +61.2% | 12,975€ | 12.8% | 1 | 1,588€ |
| 573 | Maslinovo Import & Export03223876 · Podgorica | <0.1% | 101,689€ | +128.9% | -22,479€ | -22.1% | 1 | 1,334€ |
| 574 | Elektrokovina02090767 · Podgorica | <0.1% | 101,210€ | +23.7% | -18,767€ | -18.5% | 2 | 1,547€ |
| 575 | K3a Operating Company03408981 · Tivat | <0.1% | 101,175€ | -13.9% | 61,537€ | 60.8% | 1 | 337€ |
| 576 | Inno-Win-D.O.O. R03657396 · Bijelo Polje | <0.1% | 99,171€ | +94.8% | -30,691€ | -30.9% | 2 | 911€ |
| 577 | Copy Centar Radius02666995 · Herceg Novi | <0.1% | 98,731€ | +9.5% | 483€ | 0.5% | 4 | 932€ |
| 578 | Bioaktiv Adria03627055 · Nikšić | <0.1% | 98,671€ | -1.7% | 145€ | 0.1% | 1 | 678€ |
| 579 | Pirgo02207117 · Tivat | <0.1% | 98,014€ | -17.2% | -2,169€ | -2.2% | 1 | 418€ |
| 580 | Spag02744171 · Podgorica | <0.1% | 97,752€ | +26.3% | 11,011€ | 11.3% | 2 | 1,202€ |
| 581 | For Bag02451468 · Podgorica | <0.1% | 96,866€ | -17.2% | -5,497€ | -5.7% | 1 | 680€ |
| 582 | Vivo03426629 · Podgorica | <0.1% | 96,541€ | +97.6% | 20,821€ | 21.6% | 1 | 1,950€ |
| 583 | Tradimont03774198 · Podgorica | <0.1% | 96,061€ | No filing for 2024. | 1,512€ | 1.6% | 1 | 7,555€ |
| 584 | Monte Dress03467716 · Tivat | <0.1% | 95,821€ | -7.8% | 172€ | 0.2% | 4 | 593€ |
| 585 | Well Co03400271 · Podgorica | <0.1% | 93,740€ | +117.3% | 1,323€ | 1.4% | 1 | 549€ |
| 586 | Sole Food & Beverages03047199 · Podgorica | <0.1% | 93,419€ | -75.8% | -3,761€ | -4.0% | 1 | 338€ |
| 587 | Vivsistem03548198 · Podgorica | <0.1% | 92,933€ | +74.2% | 3,475€ | 3.7% | 1 | 2,205€ |
| 588 | In Vestt Gida Makine Insaat Limited Sirketi03649679 · Podgorica | <0.1% | 92,805€ | +226.8% | 32,017€ | 34.5% | 1 | 2,283€ |
| 589 | Was - Impex & CO.03102203 · Podgorica | <0.1% | 91,975€ | -44.7% | -18,705€ | -20.3% | 2 | 849€ |
| 590 | Enter Sistem02907755 · Nikšić | <0.1% | 90,943€ | +25.3% | 2,147€ | 2.4% | 1 | 1,015€ |
| 591 | Pharma-Maac03724972 · Podgorica | <0.1% | 90,892€ | No filing for 2024. | 31,749€ | 34.9% | 2 | 1,884€ |
| 592 | Dash03066754 · Podgorica | <0.1% | 90,248€ | +2.8% | 224€ | 0.2% | 1 | 682€ |
| 593 | Montex Monty03208656 · Nikšić | <0.1% | 89,921€ | -8.6% | 8,656€ | 9.6% | 2 | 1,113€ |
| 594 | Malux Plus03167739 · Podgorica | <0.1% | 89,380€ | +64.8% | 54,654€ | 61.1% | 1 | 541€ |
| 595 | Eurodel02102811 · Mojkovac | <0.1% | 89,200€ | -9.3% | 373€ | 0.4% | 3 | 1,476€ |
| 596 | Ketering Servis03009408 · Budva | <0.1% | 88,749€ | +34.4% | 9,183€ | 10.3% | 1 | 851€ |
| 597 | Hiron02966425 · Tivat | <0.1% | 88,666€ | +3.3% | 496€ | 0.6% | 2 | 894€ |
| 598 | Nešković02412250 · Podgorica | <0.1% | 87,282€ | +17.7% | 7,582€ | 8.7% | 2 | 697€ |
| 599 | Koti Group02929988 · Tuzi | <0.1% | 84,946€ | -58.6% | -57,473€ | -67.7% | 2 | 1,498€ |
| 600 | KK Connection Trade03510638 · Podgorica | <0.1% | 84,547€ | +9.5% | 20,572€ | 24.3% | 1 | 556€ |