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 751–800 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% |
| 33,523€ |
| -76.0% |
| -85,759€ |
| -255.8% |
| 1 |
| 622€ |
| 753 | Boss DDS03119734 · Podgorica | <0.1% | 33,324€ | +6.8% | -546€ | -1.6% | 3 | 692€ |
| 754 | Boka Spring03091252 · Kotor | <0.1% | 33,164€ | No filing for 2024. | 1,301€ | 3.9% | 1 | 929€ |
| 755 | Metalobox03214885 · Podgorica | <0.1% | 33,131€ | +8.1% | -842€ | -2.5% | 1 | 685€ |
| 756 | Centrobiro02309343 · Bar | <0.1% | 33,014€ | -8.6% | -3,934€ | -11.9% | 1 | — |
| 757 | Iron Cist02430827 · Nikšić | <0.1% | 32,897€ | +2.8% | -10,449€ | -31.8% | 2 | 675€ |
| 758 | Nature Consultancy03464059 · Budva | <0.1% | 32,192€ | +114.4% | 20,803€ | 64.6% | 1 | 675€ |
| 759 | Corpus Limited03394131 · Podgorica | <0.1% | 32,156€ | +41.7% | 11,637€ | 36.2% | 1 | 883€ |
| 760 | Inovator Shop03612376 · Bar | <0.1% | 32,039€ | +42.5% | -6,348€ | -19.8% | 1 | 651€ |
| 761 | Međedović Group03584801 · Podgorica | <0.1% | 31,847€ | +895.2% | -1,005€ | -3.2% | 1 | 338€ |
| 762 | Mme Company03057291 · Rožaje | <0.1% | 31,489€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -13,251€ | -42.1% | 3 | 679€ |
| 763 | Max Speed03351653 · Podgorica | <0.1% | 31,390€ | -18.4% | -2,673€ | -8.5% | 1 | 702€ |
| 764 | Slajdex03460363 · Tivat | <0.1% | 31,200€ | +16.0% | 3,119€ | 10.0% | 1 | 2,232€ |
| 765 | Pell Co02949156 · Podgorica | <0.1% | 30,899€ | -42.3% | 9,981€ | 32.3% | 1 | 339€ |
| 766 | KTP Bigz02669781 · Podgorica | <0.1% | 30,654€ | +218.9% | -8,288€ | -27.0% | 1 | 927€ |
| 767 | Cip02228378 · Podgorica | <0.1% | 30,547€ | -2.7% | -28,327€ | -92.7% | 4 | 677€ |
| 768 | Rain Max02824051 · Podgorica | <0.1% | 30,476€ | -53.8% | 1,404€ | 4.6% | 3 | 514€ |
| 769 | NWR03563111 · Podgorica | <0.1% | 30,013€ | +58.1% | 6,676€ | 22.2% | 1 | 1,099€ |
| 770 | Infomat03604314 · Tuzi | <0.1% | 30,008€ | +347.7% | 166€ | 0.6% | 1 | 378€ |
| 771 | Euromax Group03608026 · Budva | <0.1% | 29,730€ | +66.5% | 15,590€ | 52.4% | 1 | 926€ |
| 772 | Domaće03301036 | <0.1% | 29,573€ | +11.3% | -2,845€ | -9.6% | 1 | — |
| 773 | Ig Invest Mne03409864 · Podgorica | <0.1% | 29,500€ | +56.9% | 3,384€ | 11.5% | 2 | 944€ |
| 774 | Vip Commerce03087689 · Herceg Novi | <0.1% | 29,205€ | -6.3% | -8,302€ | -28.4% | 1 | 840€ |
| 775 | Bulla Montenegro03561852 · Budva | <0.1% | 29,006€ | +109.6% | -27,057€ | -93.3% | 1 | 1,716€ |
| 776 | Simon02357615 · Nikšić | <0.1% | 28,505€ | +11.0% | -6,147€ | -21.6% | 2 | 681€ |
| 777 | Dzil-M03120686 · Podgorica | <0.1% | 28,362€ | -15.8% | -4,572€ | -16.1% | 4 | 390€ |
| 778 | Nikolas02110679 · Herceg Novi | <0.1% | 28,215€ | -12.7% | 426€ | 1.5% | 1 | 380€ |
| 779 | Itekako03731499 · Podgorica | <0.1% | 28,150€ | No filing for 2024. | -2,677€ | -9.5% | 1 | 672€ |
| 780 | BBTS Global03690989 · Podgorica | <0.1% | 28,109€ | +181.2% | -1,073€ | -3.8% | 1 | 696€ |
| 781 | Alume03349381 · Tuzi | <0.1% | 28,101€ | -78.2% | -3,899€ | -13.9% | 1 | 675€ |
| 782 | Product Tape03648141 · Bar | <0.1% | 27,772€ | +15.6% | -11,350€ | -40.9% | 1 | 756€ |
| 783 | Palikar03618277 · Podgorica | <0.1% | 27,528€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,509€ | -34.5% | 1 | 922€ |
| 784 | Modus Trade02314096 · Podgorica | <0.1% | 27,312€ | +37.1% | 3,251€ | 11.9% | 1 | 452€ |
| 785 | JK199303639355 · Nikšić | <0.1% | 27,084€ | +167.8% | 92€ | 0.3% | 2 | 664€ |
| 786 | Vero Moda02673355 · Podgorica | <0.1% | 26,970€ | +4.8% | 2,573€ | 9.5% | 2 | 678€ |
| 787 | Aleksport03385531 · Podgorica | <0.1% | 26,942€ | -29.4% | -7,230€ | -26.8% | 2 | 1,422€ |
| 788 | Af Com03643433 · Rožaje | <0.1% | 26,913€ | -33.3% | 992€ | 3.7% | 1 | 338€ |
| 789 | Cloud 1003384039 · Budva | <0.1% | 26,903€ | +28.5% | 1,401€ | 5.2% | 1 | 678€ |
| 790 | Megafarm03721922 · Cetinje | <0.1% | 26,770€ | No filing for 2024. | -6,850€ | -25.6% | 1 | — |
| 791 | Energetix02415755 · Podgorica | <0.1% | 26,604€ | +8.7% | 3,273€ | 12.3% | 1 | 839€ |
| 792 | Hawk For Marble and Granite03602206 · Podgorica | <0.1% | 26,458€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 2,722€ | 10.3% | 2 | 551€ |
| 793 | Dimas Group 202003457354 · Cetinje | <0.1% | 26,245€ | -27.8% | -4,398€ | -16.8% | 1 | 622€ |
| 794 | Melad03765148 · Bijelo Polje | <0.1% | 26,036€ | No filing for 2024. | -4,431€ | -17.0% | 0 | — |
| 795 | Ubsa Group03383857 · Bar | <0.1% | 25,932€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 15,615€ | 60.2% | 1 | 852€ |
| 796 | Crnogorska Kuća02635780 · Kotor | <0.1% | 25,465€ | -17.6% | 3,779€ | 14.8% | 1 | 333€ |
| 797 | Tradeterra03610667 · Bar | <0.1% | 25,248€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 3,411€ | 13.5% | 2 | 537€ |
| 798 | Proxima02347466 · Podgorica | <0.1% | 25,102€ | +3.3% | -4,599€ | -18.3% | 1 | 411€ |
| 799 | Tip-Top02054515 · Bar | <0.1% | 25,070€ | -91.9% | -56,670€ | -226.0% | 3 | 678€ |
| 800 | Prava Aroma Mne03568440 · Herceg Novi | <0.1% | 24,927€ | -43.2% | -7,673€ | -30.8% | 1 | 864€ |