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 1301–1350 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. |
| -12,240€ |
| — |
| 1 |
| 927€ |
| 1303 | Sanskrit03533395 · Herceg Novi | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,143€ | — | 1 | 677€ |
| 1304 | Sebax02321076 · Bijelo Polje | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,930€ | — | 1 | 675€ |
| 1305 | Segunda Etapa03764010 · Podgorica | 0.0% | 0€ | No filing for 2024. | -3,959€ | — | 1 | 325€ |
| 1306 | Selin Investment03779505 · Podgorica | 0.0% | 0€ | No filing for 2024. | -6,799€ | — | 0 | — |
| 1307 | Ses Group03776166 · Bar | 0.0% | 0€ | No filing for 2024. | -782€ | — | 0 | — |
| 1308 | Smartib03514528 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,123€ | — | 1 | 678€ |
| 1309 | Soul For Trade03688348 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -3,752€ | — | 1 | 313€ |
| 1310 | South East Trading and Resources Co03524833 · Podgorica | 0.0% | 0€ | -100.0% | -5,457€ | — | 1 | 677€ |
| 1311 | Spacelex03691292 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,377€ | — | 1 | 680€ |
| 1312 | Sušara Tradicija03126960 · Cetinje | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,011€ | — | 1 | — |
| 1313 | Sweet Spring Company03646378 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,132€ | — | 1 | 675€ |
| 1314 | Taxus Grupp03382699 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,036€ | — | 1 | — |
| 1315 | Tda Compani02096510 · Berane | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -17,104€ | — | 2 | 647€ |
| 1316 | Techno Code03588289 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,061€ | — | 1 | 338€ |
| 1317 | The Green Hills General Trading03463869 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,126€ | — | 1 | 677€ |
| 1318 | Theorao03810780 · Podgorica | 0.0% | 0€ | No filing for 2024. | -26€ | — | 1 | — |
| 1319 | Together General Trading L.L.C03389766 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,900€ | — | 1 | 678€ |
| 1320 | Torck Consulting03228002 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,457€ | — | 1 | 676€ |
| 1321 | Trade Direct03774015 · Podgorica | 0.0% | 0€ | No filing for 2024. | 0€ | — | — | — |
| 1322 | Turker Company03777766 · Podgorica | 0.0% | 0€ | No filing for 2024. | -2,940€ | — | 1 | — |
| 1323 | Velona03781534 · Bar | 0.0% | 0€ | No filing for 2024. | -3,094€ | — | 1 | — |
| 1324 | Vian02622742 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -1,867€ | — | 1 | — |
| 1325 | Vina Global03382532 · Podgorica | 0.0% | 0€ | -100.0% | -14,237€ | — | 1 | 926€ |
| 1326 | VVV Trade02765217 · Herceg Novi | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -15,984€ | — | 2 | 565€ |
| 1327 | Wang Wang02820765 · Herceg Novi | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -225€ | — | 1 | — |
| 1328 | Wolt A&D03387399 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 0€ | — | — | — |
| 1329 | Wooedandco03430324 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 0€ | — | — | — |
| 1330 | Ymvek Trading House03635813 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,252€ | — | 1 | 680€ |
| 1331 | Ysillo Mne03760545 · Kotor | 0.0% | 0€ | No filing for 2024. | -4,737€ | — | 1 | 395€ |
| 1332 | Za Proizvodnju i Promet Zip Univer Crna Gora02806592 · Podgorica | 0.0% | 0€ | -100.0% | -8,085€ | — | 1 | 600€ |
| 1333 | MB-HG03569403 · Herceg Novi | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 0€ | — | — | — |
| 1334 | Cofis Montenegro02453215 · Podgorica | 0.0% | 0€ | -100.0% | -6,628€ | — | 1 | 538€ |
| 1335 | Afm Montenegro03597415 · Budva | 0.0% | 0€ | -100.0% | -14,683€ | — | 1 | 674€ |
| 1336 | Durmitor Resorts02652196 · Kotor | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -28,226€ | — | 2 | 1,174€ |
| 1337 | Esistenza03687643 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,167€ | — | 1 | 678€ |
| 1338 | Rafine Decor03659887 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,195€ | — | 1 | 929€ |
| 1339 | Velcon Group03627837 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -12,795€ | — | 1 | 1,061€ |
| 1340 | E-Rentaj Montenegro03668550 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -10,317€ | — | 1 | 856€ |
| 1341 | Šampion 303118665 · Bijelo Polje | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,532€ | — | 1 | — |
| 1342 | Potere Commerce03557669 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,308€ | — | 1 | 341€ |
| 1343 | Adriatica Import & Export03322238 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,998€ | — | 1 | 678€ |
| 1344 | Brusnika03322084 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,947€ | — | 1 | 678€ |
| 1345 | Interlink Trading Montenegro03241106 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -1,980€ | — | 1 | — |
| 1346 | A.N.T Electric Industry and Trade03131149 · Podgorica | 0.0% | 0€ | -100.0% | -1,823€ | — | 1 | — |
| 1347 | Fairtrade International Corp02068826 · Bar | 0.0% | 0€ | -100.0% | -8,188€ | — | 1 | 679€ |
| 1348 | Daphne Health Tourism03662721 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -13,651€ | — | 1 | 1,132€ |
| 1349 | Ages03411745 · Budva | 0.0% | 0€ | -100.0% | -8,158€ | — | 1 | 674€ |
| 1350 | Akyol Company03758478 · Budva | 0.0% | 0€ | No filing for 2024. | -3,539€ | — | 1 | — |