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 1151–1200 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*
0.0% |
| 0€ |
| No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. |
| -8,353€ |
| — |
| 1 |
| 680€ |
| 1153 | Arcangelo03466027 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,031€ | — | 1 | — |
| 1154 | Ars Global03742482 · Podgorica | 0.0% | 0€ | No filing for 2024. | -3,569€ | — | 0 | — |
| 1155 | Ars Trading Company03412130 · Cetinje | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -135,433€ | — | 1 | 1,244€ |
| 1156 | Arwen Mne03713806 · Kotor | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,118€ | — | 1 | 927€ |
| 1157 | Arya Mne03773469 · Kotor | 0.0% | 0€ | No filing for 2024. | -3,759€ | — | 1 | 313€ |
| 1158 | Atcom Mne03478076 · Bijelo Polje | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -10,543€ | — | 1 | 688€ |
| 1159 | Atila International03238059 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,808€ | — | 1 | 927€ |
| 1160 | Ayvali Investment03767655 · Podgorica | 0.0% | 0€ | No filing for 2024. | -8,125€ | — | 1 | 329€ |
| 1161 | Bakor Ramil03114929 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -12,460€ | — | 1 | 929€ |
| 1162 | Balić - Co02905019 · Bijelo Polje | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,139€ | — | 1 | 678€ |
| 1163 | Ban Global03632636 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -17,147€ | — | 2 | 568€ |
| 1164 | Basaran Company03640370 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,114€ | — | 1 | 676€ |
| 1165 | Bazaar Company 202203539598 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,519€ | — | 1 | 752€ |
| 1166 | Beepco03806987 · Podgorica | 0.0% | 0€ | No filing for 2024. | -123€ | — | 1 | — |
| 1167 | B & E03731375 · Kotor | 0.0% | 0€ | No filing for 2024. | -13,529€ | — | 1 | 593€ |
| 1168 | Belinsoft03364631 · Podgorica | 0.0% | 0€ | -100.0% | -58,688€ | — | 1 | 2,705€ |
| 1169 | Belmonte Experience03739406 · Berane | 0.0% | 0€ | No filing for 2024. | -7,294€ | — | 1 | 552€ |
| 1170 | Big Sea Company03629414 · Kotor | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,141€ | — | 1 | 678€ |
| 1171 | Biofield Care Montenegro03457893 · Podgorica | 0.0% | 0€ | -100.0% | 0€ | — | — | — |
| 1172 | Bitbandits03532941 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -1,689€ | — | 1 | — |
| 1173 | Bloom Montenegro03788334 · Podgorica | 0.0% | 0€ | No filing for 2024. | -794€ | — | 1 | — |
| 1174 | Blue Trading03395057 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,156€ | — | 1 | 677€ |
| 1175 | Boa Group03406695 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,165€ | — | 1 | 678€ |
| 1176 | Boki & Co03032388 · Herceg Novi | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,153€ | — | 1 | 339€ |
| 1177 | Braun02371006 · Bijelo Polje | 0.0% | 0€ | -100.0% | 0€ | — | — | — |
| 1178 | Brio Internacional03211088 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 0€ | — | — | — |
| 1179 | Brook03602320 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 0€ | — | — | — |
| 1180 | Budućnost Aleksandra03539148 · Podgorica | 0.0% | 0€ | -100.0% | 0€ | — | — | — |
| 1181 | Casa Comercial La Esperanza03546276 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,364€ | — | 1 | 926€ |
| 1182 | Cattaro Adventure03122743 · Kotor | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -23,345€ | — | 3 | 641€ |
| 1183 | CCL International03634108 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,151€ | — | 1 | 677€ |
| 1184 | Central Global03695697 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -7,954€ | — | 1 | 660€ |
| 1185 | Cicero Mne03773434 · Kotor | 0.0% | 0€ | No filing for 2024. | -9,174€ | — | 1 | 765€ |
| 1186 | Connect Point03752615 · Podgorica | 0.0% | 0€ | No filing for 2024. | -192€ | — | 0 | — |
| 1187 | CS Group MN03333175 · Bar | 0.0% | 0€ | -100.0% | -8,983€ | — | 1 | 677€ |
| 1188 | CS International03780767 · Podgorica | 0.0% | 0€ | No filing for 2024. | -2,750€ | — | 1 | — |
| 1189 | Cyan03723160 · Podgorica | 0.0% | 0€ | No filing for 2024. | -4,758€ | — | 1 | 395€ |
| 1190 | Dana Trading03475433 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,128€ | — | 1 | 927€ |
| 1191 | Deka Trade03593029 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,888€ | — | 1 | 677€ |
| 1192 | Deli Trade03732835 · Podgorica | 0.0% | 0€ | No filing for 2024. | -2,369€ | — | 1 | — |
| 1193 | Deniz Trade Company03589951 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,080€ | — | 1 | 840€ |
| 1194 | Deus Go03553388 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 0€ | — | — | — |
| 1195 | Dom Atom M03524825 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,139€ | — | 1 | 678€ |
| 1196 | Duck With Glasses03678172 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -5,050€ | — | 1 | 419€ |
| 1197 | Dva Bisera03618978 · Podgorica | 0.0% | 0€ | -100.0% | 0€ | — | — | — |
| 1198 | Ebralp Group03595188 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,128€ | — | 1 | 677€ |
| 1199 | Ecoland02354799 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -21,131€ | — | 1 | 668€ |
| 1200 | Efficio Technology03719383 · Kotor | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,190€ | — | 1 | 683€ |