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 1451–1500 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 filing for 2024. |
| -2,747€ |
| — |
| 1 |
| — |
| 1453 | Gez-Er03599892 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,167€ | — | 1 | 677€ |
| 1454 | Golden Flour Montenegro03531767 · Tivat | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -1,376€ | — | 1 | — |
| 1455 | Green Garden Montenegro 202003295699 · Herceg Novi | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -18,474€ | — | 1 | 1,456€ |
| 1456 | Green Gecko Consulting03798119 · Bar | 0.0% | 0€ | No filing for 2024. | -412€ | — | 0 | — |
| 1457 | Group Intrade02910772 · Herceg Novi | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -17,887€ | — | 2 | 677€ |
| 1458 | GSV Global03751333 · Budva | 0.0% | 0€ | No filing for 2024. | -5,569€ | — | 1 | 464€ |
| 1459 | Gunes Delight03788105 · Podgorica | 0.0% | 0€ | No filing for 2024. | -1,465€ | — | 1 | — |
| 1460 | Harmonic03703983 · Bar | 0.0% | 0€ | No filing for 2024. | -3,144€ | — | 1 | — |
| 1461 | Havara Tourism03615383 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,980€ | — | 1 | 922€ |
| 1462 | Haz Invest03737977 · Podgorica | 0.0% | 0€ | No filing for 2024. | -6,089€ | — | 1 | 497€ |
| 1463 | HC Holistic Contor03458024 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,151€ | — | 1 | 677€ |
| 1464 | HCM General Trading03409643 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,342€ | — | 1 | 678€ |
| 1465 | Helenika Group Mne03592499 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,646€ | — | 1 | 788€ |
| 1466 | Hera International03698831 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,168€ | — | 1 | 677€ |
| 1467 | Herdem03582205 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -16,389€ | — | 1 | 677€ |
| 1468 | Hisar Global03615570 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,128€ | — | 1 | 922€ |
| 1469 | Ibi02734265 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,139€ | — | 1 | 678€ |
| 1470 | Ilgin Trade03395537 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,035€ | — | 1 | — |
| 1471 | Incocni Ai03745023 · Bar | 0.0% | 0€ | No filing for 2024. | -4,408€ | — | 1 | 367€ |
| 1472 | Inc Technical03764214 · Bar | 0.0% | 0€ | No filing for 2024. | -3,863€ | — | 1 | 322€ |
| 1473 | Indag03329178 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,584€ | — | 1 | 675€ |
| 1474 | Input Khan03692868 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 0€ | — | — | — |
| 1475 | Ishop Pazarlama03700011 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,186€ | — | 1 | 677€ |
| 1476 | Italy2003178072 · Podgorica | 0.0% | 0€ | -100.0% | -2€ | — | 1 | — |
| 1477 | Jass Global03717437 · Budva | 0.0% | 0€ | No filing for 2024. | -4,779€ | — | 1 | 398€ |
| 1478 | Jelena- Promet02074575 · Pljevlja | 0.0% | 0€ | -100.0% | 0€ | — | — | — |
| 1479 | Jota Cash & Go03059618 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,579€ | — | 1 | 678€ |
| 1480 | Ka Group03763269 · Budva | 0.0% | 0€ | No filing for 2024. | -3,738€ | — | 1 | — |
| 1481 | Kalyon Insaat03628914 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,253€ | — | 1 | 675€ |
| 1482 | Kangaroo Group03718573 · Budva | 0.0% | 0€ | No filing for 2024. | -6,837€ | — | 0 | — |
| 1483 | Karayel Trading03712672 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -7,055€ | — | 1 | 585€ |
| 1484 | Kaya Teknik Bakim Onarim03684687 · Bar | 0.0% | 0€ | No filing for 2024. | -3,391€ | — | 1 | — |
| 1485 | Kevlar02838877 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,103€ | — | 1 | 339€ |
| 1486 | Keyif Company03247015 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,736€ | — | 1 | 675€ |
| 1487 | Kizhaeva03464806 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,123€ | — | 1 | 675€ |
| 1488 | KLM Co02285002 · Zeta | 0.0% | 0€ | -100.0% | 0€ | — | — | — |
| 1489 | Kobident02918293 · Tivat | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -6,770€ | — | 1 | 563€ |
| 1490 | Kocha.Pet03667138 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,272€ | — | 1 | 678€ |
| 1491 | Kod Petrovića02087022 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,132€ | — | 1 | 344€ |
| 1492 | Kong Global03617696 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,193€ | — | 1 | 922€ |
| 1493 | Lana Accessory03616185 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,128€ | — | 1 | 922€ |
| 1494 | Lemar Montenegro02997690 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,051€ | — | 1 | 338€ |
| 1495 | Liberte Team03613917 · Herceg Novi | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,138€ | — | 1 | 678€ |
| 1496 | Lion Brothers03399737 · Budva | 0.0% | 0€ | -100.0% | -12,813€ | — | 2 | 339€ |
| 1497 | Luna Business Services03716031 · Podgorica | 0.0% | 0€ | No filing for 2024. | -8,299€ | — | 1 | 689€ |
| 1498 | Lunovia03772063 · Bar | 0.0% | 0€ | No filing for 2024. | -3,387€ | — | 1 | — |
| 1499 | Manta Ray Service03586146 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -7,079€ | — | 1 | 541€ |
| 1500 | Marde International03660630 · Budva | 0.0% | 0€ | No filing for 2024. | -6,782€ | — | 1 | 563€ |