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 351–400 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% |
| 325,810€ |
| -30.7% |
| -10,240€ |
| -3.1% |
| 1 |
| 2,125€ |
| 353 | CFS03520927 · Podgorica | <0.1% | 322,410€ | +36.9% | 52,553€ | 16.3% | 2 | 1,474€ |
| 354 | Termiko02161923 · Herceg Novi | <0.1% | 321,969€ | +11.9% | 14,403€ | 4.5% | 3 | 990€ |
| 355 | BF Pro03013367 · Podgorica | <0.1% | 321,222€ | -38.2% | 32,748€ | 10.2% | 13 | 412€ |
| 356 | Gulfcm03280276 · Podgorica | <0.1% | 320,000€ | +101.8% | 59,266€ | 18.5% | 4 | 2,664€ |
| 357 | Jet Direct02972239 · Podgorica | <0.1% | 319,844€ | +24.5% | 21,590€ | 6.8% | 1 | 3,860€ |
| 358 | Aluma02978024 · Nikšić | <0.1% | 315,417€ | +61.4% | 26,156€ | 8.3% | 4 | 1,552€ |
| 359 | DB Razvitak03332110 · Podgorica | <0.1% | 313,121€ | +24.6% | 28,986€ | 9.3% | 1 | 1,908€ |
| 360 | Svijet Ribolova02387280 · Nikšić | <0.1% | 312,344€ | +70.2% | 28,690€ | 9.2% | 4 | 997€ |
| 361 | Vin Energy03519040 · Nikšić | <0.1% | 311,895€ | +109.4% | 32,659€ | 10.5% | 1 | 883€ |
| 362 | M Wellness Trade03090655 · Bar | <0.1% | 310,762€ | +41.0% | 22,416€ | 7.2% | 2 | 382€ |
| 363 | Ridmont Communications02202654 · Podgorica | <0.1% | 309,662€ | +4.4% | 26,985€ | 8.7% | 2 | 1,343€ |
| 364 | Migado02188660 · Nikšić | <0.1% | 309,278€ | -7.4% | 3,570€ | 1.2% | 14 | 624€ |
| 365 | Proljeće-Komerc02189208 · Pljevlja | <0.1% | 308,801€ | +54.4% | 20,061€ | 6.5% | 8 | 645€ |
| 366 | Kravari02344823 · Ulcinj | <0.1% | 307,081€ | -17.2% | 26,547€ | 8.6% | 4 | 931€ |
| 367 | Bee Sweet03678407 · Podgorica | <0.1% | 304,900€ | +1,043.3% | 25,034€ | 8.2% | 1 | 646€ |
| 368 | Matik MT02638266 · Mojkovac | <0.1% | 302,978€ | +21.2% | 22,971€ | 7.6% | 5 | 1,459€ |
| 369 | Dis Mne03057712 · Nikšić | <0.1% | 301,595€ | -17.3% | 12,606€ | 4.2% | 3 | 1,211€ |
| 370 | S-Group Mne03437833 · Budva | <0.1% | 299,555€ | +35.5% | -11,642€ | -3.9% | 2 | 1,189€ |
| 371 | Lunera803561127 · Budva | <0.1% | 297,500€ | +75.6% | 28,371€ | 9.5% | 2 | 1,206€ |
| 372 | Ristretto03313425 · Podgorica | <0.1% | 296,976€ | +17.7% | 19,968€ | 6.7% | 3 | 1,006€ |
| 373 | MB Cargo03564339 · Podgorica | <0.1% | 296,189€ | +168.4% | 15,885€ | 5.4% | 7 | 522€ |
| 374 | Doclea Park03415350 · Podgorica | <0.1% | 293,461€ | -3.7% | 90,248€ | 30.8% | 2 | 531€ |
| 375 | Arde Com03070883 · Pljevlja | <0.1% | 291,420€ | +9.3% | -19,424€ | -6.7% | 15 | 813€ |
| 376 | Deki Trade02213184 · Kotor | <0.1% | 291,334€ | +89.0% | 39,398€ | 13.5% | 5 | 651€ |
| 377 | Terra Magica03412008 · Podgorica | <0.1% | 288,452€ | -7.6% | 2,351€ | 0.8% | 2 | 1,574€ |
| 378 | Floring02859262 · Bar | <0.1% | 288,063€ | -21.6% | 13,356€ | 4.6% | 5 | 1,063€ |
| 379 | Tea S03001750 · Budva | <0.1% | 286,660€ | +32.0% | 21,027€ | 7.3% | 3 | 632€ |
| 380 | Infiniti International03103773 · Podgorica | <0.1% | 285,290€ | -29.9% | 68,245€ | 23.9% | 1 | 3,819€ |
| 381 | Fuib02127920 · Ulcinj | <0.1% | 285,241€ | +2.3% | 4,548€ | 1.6% | 3 | 676€ |
| 382 | Extra Bonaca02714370 · Podgorica | <0.1% | 282,375€ | +2.3% | 363€ | 0.1% | 2 | 913€ |
| 383 | Incom-Šehović02047322 · Bijelo Polje | <0.1% | 280,219€ | -13.2% | 414€ | 0.1% | 2 | 1,544€ |
| 384 | Autocolor02307952 · Tuzi | <0.1% | 279,804€ | +16.4% | 22,702€ | 8.1% | 5 | 671€ |
| 385 | Tampa Group03459713 · Nikšić | <0.1% | 278,039€ | +56.6% | 42,790€ | 15.4% | 1 | 675€ |
| 386 | Loyal Partner02901439 · Podgorica | <0.1% | 275,308€ | +2.0% | 145,106€ | 52.7% | 2 | 678€ |
| 387 | Stevanić & Petrović Company02314444 · Podgorica | <0.1% | 274,263€ | -20.1% | 35,137€ | 12.8% | 1 | 677€ |
| 388 | Casamont03237702 · Podgorica | <0.1% | 273,639€ | +157.9% | -60,702€ | -22.2% | 4 | 678€ |
| 389 | Kompanija Jovanović02307936 · Podgorica | <0.1% | 272,678€ | +7.5% | 20,044€ | 7.4% | 3 | 677€ |
| 390 | PG - Prom02393450 · Podgorica | <0.1% | 271,511€ | -10.7% | 4,167€ | 1.5% | 2 | 739€ |
| 391 | MM Steel Company03330877 · Budva | <0.1% | 262,480€ | -5.1% | 20,708€ | 7.9% | 1 | 670€ |
| 392 | Tami-Trade02367041 · Podgorica | <0.1% | 261,477€ | +21.1% | 6,069€ | 2.3% | 3 | 713€ |
| 393 | G&T Group02958333 · Budva | <0.1% | 261,127€ | -17.2% | 3,366€ | 1.3% | 5 | 691€ |
| 394 | M.I.A.CO02879638 · Podgorica | <0.1% | 260,111€ | +9.0% | 6,425€ | 2.5% | 1 | 2,584€ |
| 395 | Gastro-Win03356043 · Budva | <0.1% | 259,730€ | +52.7% | 9,093€ | 3.5% | 1 | 860€ |
| 396 | MC203186784 · Tivat | <0.1% | 259,316€ | +23.8% | -4,670€ | -1.8% | 2 | 510€ |
| 397 | Savako03534944 · Herceg Novi | <0.1% | 257,399€ | -5.2% | 7,134€ | 2.8% | 1 | 952€ |
| 398 | Tops03209652 · Podgorica | <0.1% | 257,094€ | +72.9% | 20,117€ | 7.8% | 1 | 932€ |
| 399 | 5to903435580 · Podgorica | <0.1% | 255,602€ | +37.7% | 97,289€ | 38.1% | 1 | 1,488€ |
| 400 | Maf NK03090264 · Nikšić | <0.1% | 255,582€ | +17.7% | 4,455€ | 1.7% | 2 | 1,380€ |