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 1051–1100 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% |
| 100€ |
| No filing for 2024. |
| -13,195€ |
| Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. |
| 1 |
| 543€ |
| 1053 | Karaman02348632 · Kotor | <0.1% | 89€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -875€ | -983.1% | 1 | — |
| 1054 | Kite Solutions03505278 · Herceg Novi | <0.1% | 69€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,489€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 679€ |
| 1055 | Kauzza02326906 · Budva | <0.1% | 34€ | -99.9% | -16,890€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 772€ |
| 1056 | Lanta Trading03522393 · Budva | <0.1% | 20€ | +1,900.0% | -9,288€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 680€ |
| 1057 | Altpharm03634965 · Podgorica | <0.1% | 16€ | -99.4% | -5,165€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | — |
| 1058 | Malindas-Mne03320839 · Budva | <0.1% | 15€ | -99.9% | -31,055€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 2,146€ |
| 1059 | East Diagnostics03326705 · Podgorica | <0.1% | 10€ | -100.0% | -38,689€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 501€ |
| 1060 | Solidity03705773 · Podgorica | <0.1% | 10€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -15,562€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 1,197€ |
| 1061 | Duga Link03642968 · Podgorica | <0.1% | 9€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -653€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | — |
| 1062 | Agis - Montenegro02368137 · Budva | <0.1% | 2€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -15,150€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 677€ |
| 1063 | Paritet02658135 · Bar | <0.1% | 2€ | 0.0% | -10,941€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 674€ |
| 1064 | Baskent Tic03498875 · Podgorica | <0.1% | 1€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,250€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 678€ |
| 1065 | D.D.Logistic02809290 · Bijelo Polje | <0.1% | 1€ | 0.0% | 0€ | 0.0% | 1 | — |
| 1066 | Italijan - Koža - Stil03008029 · Bijelo Polje | <0.1% | 1€ | 0.0% | 0€ | 0.0% | 1 | — |
| 1067 | Slov -Mont Inovation03268853 · Bar | <0.1% | 1€ | -100.0% | -57,781€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 1,171€ |
| 1068 | Halcon02826283 · Podgorica | <0.1% | 1€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 0€ | 0.0% | 1 | — |
| 1069 | DN Internacional02789345 · Bijelo Polje | <0.1% | 1€ | -100.0% | 0€ | 0.0% | 1 | — |
| 1070 | 808 Group03646769 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -17,957€ | — | 1 | 927€ |
| 1071 | Aal Danismanlik Muhasebe VS Icerik03731944 · Bar | 0.0% | 0€ | No filing for 2024. | -6,371€ | — | 1 | 529€ |
| 1072 | Ada Monte Import and Export03745651 · Bar | 0.0% | 0€ | No filing for 2024. | -5,616€ | — | 1 | 468€ |
| 1073 | Admiral Trade02835541 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,152€ | — | 1 | 675€ |
| 1074 | Advangard Energy03716422 · Bar | 0.0% | 0€ | No filing for 2024. | -4,611€ | — | 1 | 376€ |
| 1075 | Aegean Breeze03760146 · Podgorica | 0.0% | 0€ | No filing for 2024. | -7,105€ | — | 1 | 425€ |
| 1076 | Afsar International03574598 | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,789€ | — | 1 | 677€ |
| 1077 | Agimpex03450783 · Bar | 0.0% | 0€ | -100.0% | -14,533€ | — | 1 | 936€ |
| 1078 | Agro-Angus02729172 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -1,013€ | — | 1 | — |
| 1079 | Akc Montenegro Group03683974 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -12,214€ | — | 1 | 1,013€ |
| 1080 | Aksa Process & Plant Engeneering03572480 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,094€ | — | 1 | 925€ |
| 1081 | Alfa F.D.S.02773082 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 0€ | — | — | — |
| 1082 | Alfa Industries03226727 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -12,892€ | — | 1 | 928€ |
| 1083 | Ally Expert Group03342000 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -10,054€ | — | 2 | 417€ |
| 1084 | Amann Family Foundation03399567 · Bar | 0.0% | 0€ | -100.0% | -9,267€ | — | 1 | 677€ |
| 1085 | A - Mark02930463 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -7,601€ | — | 1 | 631€ |
| 1086 | Amatec Company Mne03439089 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,920€ | — | 1 | 922€ |
| 1087 | Am Comerce02738953 · Podgorica | 0.0% | 0€ | -100.0% | -4,069€ | — | 1 | 339€ |
| 1088 | An Avia02785013 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -24,355€ | — | 1 | 1,338€ |
| 1089 | Arc Trading03703100 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,101€ | — | 1 | 675€ |
| 1090 | Argu Investment03600025 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -12,833€ | — | 1 | 928€ |
| 1091 | Ary Yildirim Investment03609812 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,139€ | — | 1 | 675€ |
| 1092 | Asaia Jasmine's Investment and Trade Company03692604 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,123€ | — | 1 | 677€ |
| 1093 | Asm Oniz Montenegro03475727 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,114€ | — | 1 | 676€ |
| 1094 | Atku Emlak03754936 · Bar | 0.0% | 0€ | No filing for 2024. | -4,830€ | — | 1 | 403€ |
| 1095 | Aybike International03781623 · Bar | 0.0% | 0€ | No filing for 2024. | -1,954€ | — | 1 | — |
| 1096 | Balak International Trading03639304 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,241€ | — | 1 | 928€ |
| 1097 | Barka Group03764303 · Budva | 0.0% | 0€ | No filing for 2024. | -3,737€ | — | 1 | — |
| 1098 | Baturglobal03757412 · Budva | 0.0% | 0€ | No filing for 2024. | -3,884€ | — | 1 | 324€ |
| 1099 | Bauelmente Zeller03499944 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,153€ | — | 1 | 677€ |
| 1100 | Bead Trade03615545 · Budva | 0.0% | 0€ | No filing for 2024. | -4,624€ | — | 1 | 385€ |