Revenue
27.3% of sector revenue
1,616 companies earned 2.06b€ in 2025, 27.3% of Trade sector revenue. Revenue has grown 2.3× since 2015.
27.3% of sector revenue
972 with at most one employee
Largest employer: Voli Trade (2,406)
Median company 2.6% · 44% 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 201–250 of 1,616
* 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€ | 1,412 |
| 2023 | 1,724,556,676€ | 1,660 |
| 2024 | 1,871,075,248€ | 1,699 |
| 2025 (Preliminary) | 2,063,819,317€ | 1,616 |
Employees and payroll cost per employee per month*
<0.1% |
| 897,143€ |
| +15.9% |
| 62,796€ |
| 7.0% |
| 8 |
| 663€ |
| 203 | DSM Company02881349 · Danilovgrad | <0.1% | 889,770€ | +13.6% | 44,805€ | 5.0% | 9 | 1,267€ |
| 204 | Green Connect03038696 · Podgorica | <0.1% | 881,004€ | +5.8% | -26,056€ | -3.0% | 4 | 427€ |
| 205 | B&S Univerzal02961636 · Podgorica | <0.1% | 878,697€ | +1.3% | 13,288€ | 1.5% | 1 | 929€ |
| 206 | Tea Gallery02842378 · Tivat | <0.1% | 862,232€ | +13.1% | 18,208€ | 2.1% | 5 | 1,084€ |
| 207 | Gileki02288788 · Podgorica | <0.1% | 860,200€ | -1.4% | 150,625€ | 17.5% | 9 | 811€ |
| 208 | MM System i03164713 · Nikšić | <0.1% | 855,272€ | +30.2% | 12,341€ | 1.4% | 4 | — |
| 209 | Molekul03069664 · Budva | <0.1% | 853,348€ | +4.6% | 4,340€ | 0.5% | 8 | 1,554€ |
| 210 | Veto02758296 · Bar | <0.1% | 852,759€ | +36.8% | 183,388€ | 21.5% | 3 | 2,689€ |
| 211 | Vujacomerc02103273 · Cetinje | <0.1% | 850,677€ | -18.5% | 48,800€ | 5.7% | 5 | 867€ |
| 212 | Pino Mont02947188 · Berane | <0.1% | 830,454€ | +17.2% | 23,400€ | 2.8% | 20 | 1,537€ |
| 213 | Multi Office03636151 · Podgorica | <0.1% | 830,284€ | +78.6% | 37,786€ | 4.6% | 3 | 2,198€ |
| 214 | Ivnik02186888 · Podgorica | <0.1% | 805,783€ | +1.2% | 70,335€ | 8.7% | 2 | 3,751€ |
| 215 | Union Šped02749777 · Podgorica | <0.1% | 805,366€ | +38.9% | 11,086€ | 1.4% | 5 | 863€ |
| 216 | Dragije02259192 · Zeta | <0.1% | 792,723€ | +3.7% | 43,596€ | 5.5% | 9 | 847€ |
| 217 | Fluidra Montenegro02892588 · Podgorica | <0.1% | 785,670€ | +11.9% | 107,159€ | 13.6% | 3 | 1,922€ |
| 218 | Luxor Plasman02382067 · Podgorica | <0.1% | 779,667€ | +6.9% | 76,339€ | 9.8% | 10 | 1,093€ |
| 219 | Flexibil03376532 · Podgorica | <0.1% | 777,689€ | +9.0% | 63,982€ | 8.2% | 4 | 741€ |
| 220 | Nir02055945 · Budva | <0.1% | 773,734€ | -11.3% | 22,853€ | 3.0% | 6 | 1,248€ |
| 221 | Bomerg03314260 · Bijelo Polje | <0.1% | 770,923€ | +3.6% | -26,950€ | -3.5% | 7 | 834€ |
| 222 | Neworld - Montenegro02431041 · Podgorica | <0.1% | 769,330€ | -3.9% | -42,194€ | -5.5% | 4 | 1,809€ |
| 223 | Nemo - Mont02635186 · Bar | <0.1% | 765,924€ | +0.9% | 12,372€ | 1.6% | 6 | 451€ |
| 224 | Anja Cosmetics02780267 · Podgorica | <0.1% | 764,376€ | -5.9% | -51,351€ | -6.7% | 32 | 923€ |
| 225 | Pivljanka02436434 · Žabljak | <0.1% | 757,570€ | +24.6% | 34,847€ | 4.6% | 3 | 1,092€ |
| 226 | Rimar02316838 · Podgorica | <0.1% | 756,706€ | +27.3% | 46,474€ | 6.1% | 3 | 1,044€ |
| 227 | Inter Nos 200002352079 · Podgorica | <0.1% | 754,341€ | -15.5% | 83,771€ | 11.1% | 7 | 863€ |
| 228 | Mi-Com Trade02698480 · Podgorica | <0.1% | 747,563€ | +1.6% | 19,075€ | 2.6% | 11 | 858€ |
| 229 | Milano Montenegro02897890 · Podgorica | <0.1% | 740,614€ | +11.7% | 51,379€ | 6.9% | 1 | 1,573€ |
| 230 | Djurković - Co03054381 · Nikšić | <0.1% | 739,608€ | -6.1% | 47,538€ | 6.4% | 2 | 422€ |
| 231 | Hygiene Systems - Mne03306593 · Podgorica | <0.1% | 739,490€ | +42.3% | 42,307€ | 5.7% | 7 | 1,237€ |
| 232 | Rebuss02786338 · Cetinje | <0.1% | 738,159€ | +15.1% | 125,826€ | 17.0% | 16 | 722€ |
| 233 | D&J Horeca Centar03348903 · Podgorica | <0.1% | 736,274€ | +29.1% | 130,891€ | 17.8% | 5 | 1,161€ |
| 234 | Don Pepe03179672 · Cetinje | <0.1% | 734,433€ | -8.5% | 14,180€ | 1.9% | 6 | 1,008€ |
| 235 | Trade Point Montenegro03575420 · Budva | <0.1% | 732,495€ | +77.1% | -10,873€ | -1.5% | 13 | 992€ |
| 236 | Team Support03273032 · Podgorica | <0.1% | 732,337€ | +59.5% | 17,099€ | 2.3% | 29 | 866€ |
| 237 | Metta Group03678423 · Podgorica | <0.1% | 730,843€ | +181.3% | -59,409€ | -8.1% | 1 | — |
| 238 | Milikić Company03113256 · Podgorica | <0.1% | 719,316€ | +119.2% | 139,187€ | 19.3% | 13 | 495€ |
| 239 | Original02248751 · Tivat | <0.1% | 713,820€ | -9.8% | 9,721€ | 1.4% | 5 | 1,145€ |
| 240 | DND Komerc02717956 · Podgorica | <0.1% | 702,775€ | +21.3% | 103,774€ | 14.8% | 3 | 719€ |
| 241 | Kosor02056836 · Podgorica | <0.1% | 698,134€ | +54.4% | 1,031€ | 0.1% | 3 | 742€ |
| 242 | Deviz02253267 · Nikšić | <0.1% | 697,531€ | -0.4% | -3,423€ | -0.5% | 9 | 913€ |
| 243 | Klery Fruit03460436 · Podgorica | <0.1% | 697,321€ | +20.6% | 37,516€ | 5.4% | 2 | 816€ |
| 244 | Industriaimport-Industriaimpex02013576 · Podgorica | <0.1% | 687,090€ | +9.6% | 47,254€ | 6.9% | 10 | 2,027€ |
| 245 | C Line02709058 · Podgorica | <0.1% | 684,027€ | -6.1% | 6,612€ | 1.0% | 3 | 836€ |
| 246 | Tankom02335816 · Podgorica | <0.1% | 682,344€ | +15.6% | 72,514€ | 10.6% | 3 | 676€ |
| 247 | Perfoinvest02889188 · Podgorica | <0.1% | 679,556€ | +37.2% | 73,341€ | 10.8% | 5 | 1,209€ |
| 248 | Milić & Co02192632 · Kotor | <0.1% | 671,169€ | +26.3% | 27,473€ | 4.1% | 6 | 1,125€ |
| 249 | Adelaida03356400 · Herceg Novi | <0.1% | 669,549€ | +34.6% | 60,150€ | 9.0% | 12 | 981€ |
| 250 | Bralex02285916 · Danilovgrad | <0.1% | 668,460€ | -24.7% | -3,390€ | -0.5% | 7 | 716€ |