Revenue
9.1% of sector revenue
1,090 companies earned 687.55m€ in 2025, 9.1% of Trade sector revenue. Revenue has grown 2.7× since 2015.
9.1% of sector revenue
526 with at most one employee
Largest employer: Idea - CG (2,426)
Median company 0.3% · 40% 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 501–550 of 1,090
* 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 81 sole proprietors: 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 | 252,422,284€ | 594 |
| 2016 | 297,635,850€ | 618 |
| 2017 | 309,230,404€ | 654 |
| 2018 | 302,167,582€ | 741 |
| 2019 | 300,424,571€ | 806 |
| 2020 | 259,977,013€ | 849 |
| 2021 | 313,553,308€ | 861 |
| 2022 | 451,409,515€ | 1,013 |
| 2023 | 559,424,259€ | 1,127 |
| 2024 | 666,888,483€ | 1,128 |
| 2025 (Preliminary) | 687,547,443€ | 1,090 |
Employees and payroll cost per employee per month*
<0.1% |
| 31,622€ |
| +19.2% |
| -1,888€ |
| -6.0% |
| 1 |
| 675€ |
| 503 | Djakon02277263 · Ulcinj | <0.1% | 31,360€ | +32.5% | 3,392€ | 10.8% | 2 | 465€ |
| 504 | Vujicic DV03716163 · Nikšić | <0.1% | 31,236€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 2,336€ | 7.5% | 2 | — |
| 505 | Integral Life03511634 · Budva | <0.1% | 31,150€ | +139.6% | 2,355€ | 7.6% | 3 | 760€ |
| 506 | Barbie.Trade03341364 · Cetinje | <0.1% | 31,065€ | +9.8% | -14,195€ | -45.7% | 2 | 623€ |
| 507 | Boom Baloni03704971 · Podgorica | <0.1% | 30,719€ | +3,739.9% | -2,704€ | -8.8% | 3 | 694€ |
| 508 | Ina303082903 · Herceg Novi | <0.1% | 30,683€ | -8.1% | -3,637€ | -11.9% | 2 | 422€ |
| 509 | Milly03417778 · Herceg Novi | <0.1% | 30,581€ | +21.7% | 3,588€ | 11.7% | 1 | — |
| 510 | Jelena - Com02761629 · Pljevlja | <0.1% | 30,550€ | -10.3% | -12,890€ | -42.2% | 2 | 534€ |
| 511 | Atlas Company03214699 · Budva | <0.1% | 30,381€ | -9.7% | -3,826€ | -12.6% | 3 | 627€ |
| 512 | Provišta 102785714 · Herceg Novi | <0.1% | 30,296€ | +20.1% | 1,748€ | 5.8% | 1 | — |
| 513 | Dar02836025 · Rožaje | <0.1% | 30,096€ | +1.1% | -5,633€ | -18.7% | 1 | 667€ |
| 514 | Okbook03497275 · Tivat | <0.1% | 30,045€ | -39.1% | -14,084€ | -46.9% | 2 | 823€ |
| 515 | Marko Di-Dar03424715 · Herceg Novi | <0.1% | 29,989€ | +11.5% | -6,416€ | -21.4% | 2 | 415€ |
| 516 | Eymen Tourism Hotel Textile03549020 · Podgorica | <0.1% | 29,822€ | -38.5% | -3,719€ | -12.5% | 1 | 932€ |
| 517 | Muggle03291413 · Podgorica | <0.1% | 29,801€ | +89.6% | 1,533€ | 5.1% | 1 | 1,312€ |
| 518 | Zeta M.M. Stanišić03727254 · Zeta | <0.1% | 29,273€ | No filing for 2024. | -1,036€ | -3.5% | 2 | 616€ |
| 519 | SKY Gate03598624 · Podgorica | <0.1% | 29,201€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 2,008€ | 6.9% | 1 | — |
| 520 | MP Deal03343103 · Tuzi | <0.1% | 29,019€ | -48.7% | -1,066€ | -3.7% | 1 | 1,894€ |
| 521 | G.O.A.T03405265 · Tivat | <0.1% | 28,978€ | +20.9% | -2,958€ | -10.2% | 1 | 695€ |
| 522 | Snoopy-S03098478 · Mojkovac | <0.1% | 28,653€ | +2.5% | 3,640€ | 12.7% | 1 | 957€ |
| 523 | Popović-Njeguški Specijaliteti03465217 · Cetinje | <0.1% | 28,297€ | -5.4% | 414€ | 1.5% | 1 | 333€ |
| 524 | Favorit - DMV02732220 · Herceg Novi | <0.1% | 27,622€ | -21.5% | -10,586€ | -38.3% | 1 | 732€ |
| 525 | Green Bay03208753 · Herceg Novi | <0.1% | 27,055€ | +39.5% | 395€ | 1.5% | 1 | — |
| 526 | Eastok03537331 · Podgorica | <0.1% | 26,613€ | -47.8% | -6,187€ | -23.2% | 2 | 517€ |
| 527 | Njanji03429300 · Herceg Novi | <0.1% | 25,890€ | +6.7% | -242€ | -0.9% | 2 | 405€ |
| 528 | Žuka Gift Shop03430928 · Bar | <0.1% | 25,831€ | +6.9% | -905€ | -3.5% | 1 | 765€ |
| 529 | NR Brothers03735443 · Podgorica | <0.1% | 25,737€ | No filing for 2024. | -33,531€ | -130.3% | 3 | 502€ |
| 530 | Biseri02783657 · Podgorica | <0.1% | 24,905€ | +16.6% | 189€ | 0.8% | 2 | 678€ |
| 531 | Dekal03629759 · Podgorica | <0.1% | 24,722€ | +60.5% | -3,906€ | -15.8% | 2 | 450€ |
| 532 | Jadranski Labud03297977 · Budva | <0.1% | 24,201€ | -12.8% | -5,629€ | -23.3% | 1 | 675€ |
| 533 | Emilia03355136 · Budva | <0.1% | 24,080€ | +42.3% | 3,792€ | 15.7% | 1 | 897€ |
| 534 | Sedmica02748495 · Petnjica | <0.1% | 24,071€ | -8.4% | 1,073€ | 4.5% | 1 | 764€ |
| 535 | Supernova Republic03460207 · Bar | <0.1% | 23,950€ | -11.1% | 2,409€ | 10.1% | 2 | 852€ |
| 536 | J - M02468786 · Budva | <0.1% | 23,868€ | -4.6% | -6,732€ | -28.2% | 1 | 674€ |
| 537 | Webart03636801 · Herceg Novi | <0.1% | 23,760€ | +507.7% | 9€ | 0.0% | 2 | 931€ |
| 538 | Pavle02880067 · Cetinje | <0.1% | 23,611€ | +19.2% | -10,985€ | -46.5% | 2 | 506€ |
| 539 | Gift Shop Focus03564207 · Bar | <0.1% | 23,494€ | -0.5% | 1,327€ | 5.6% | 1 | 1,364€ |
| 540 | Beamax02009153 · Berane | <0.1% | 23,370€ | +15.4% | -11,574€ | -49.5% | 1 | 1,117€ |
| 541 | DS Forte02767449 · Mojkovac | <0.1% | 22,880€ | -2.2% | -5,381€ | -23.5% | 1 | 1,402€ |
| 542 | Đalko02675307 · Bijelo Polje | <0.1% | 22,742€ | +2.9% | -1,072€ | -4.7% | 3 | 404€ |
| 543 | Bogush03221628 · Budva | <0.1% | 22,401€ | +1.2% | -255€ | -1.1% | 1 | 670€ |
| 544 | Shakti Ma03159264 · Budva | <0.1% | 22,357€ | +373.7% | -377€ | -1.7% | 1 | 679€ |
| 545 | Miss E MR Frog02923998 · Budva | <0.1% | 22,249€ | +18.3% | 3,726€ | 16.7% | 1 | 731€ |
| 546 | Iotegic03514668 · Herceg Novi | <0.1% | 22,210€ | +1,380.7% | 12,780€ | 57.5% | 1 | 677€ |
| 547 | Market Čedo03411958 · Budva | <0.1% | 22,041€ | -7.1% | 10,082€ | 45.7% | 1 | 771€ |
| 548 | Županovac02196891 · Kolašin | <0.1% | 21,979€ | +132.9% | -5,315€ | -24.2% | 1 | 339€ |
| 549 | Noyan03228576 · Kotor | <0.1% | 21,923€ | +62.3% | -4,362€ | -19.9% | 1 | 1,082€ |
| 550 | Aqua World03117910 · Podgorica | <0.1% | 21,917€ | -21.5% | 114€ | 0.5% | 2 | 394€ |