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 551–600 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% |
| 21,896€ |
| No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. |
| -5,744€ |
| -26.2% |
| 2 |
| 976€ |
| 553 | Ivana Ma03184552 · Tivat | <0.1% | 21,847€ | +23.4% | -8,985€ | -41.1% | 2 | 528€ |
| 554 | Big Wolf02955377 · Podgorica | <0.1% | 21,575€ | -36.6% | -3,752€ | -17.4% | 2 | 673€ |
| 555 | Barege.Fs03488845 · Herceg Novi | <0.1% | 21,545€ | -21.4% | 736€ | 3.4% | 2 | 547€ |
| 556 | DND Nikšić02760266 · Nikšić | <0.1% | 21,506€ | +11.1% | -2,367€ | -11.0% | 1 | 506€ |
| 557 | MB Kalezić03081796 · Danilovgrad | <0.1% | 21,505€ | +14.5% | -6,821€ | -31.7% | 1 | 723€ |
| 558 | Mizdrak Palloncini03416496 · Kotor | <0.1% | 21,473€ | -16.6% | -533€ | -2.5% | 2 | 360€ |
| 559 | Pro Tool03102246 · Podgorica | <0.1% | 21,378€ | +38.4% | -3,932€ | -18.4% | 1 | 600€ |
| 560 | Victory Shop03217523 · Podgorica | <0.1% | 21,241€ | -46.4% | -12,585€ | -59.2% | 1 | 678€ |
| 561 | Xin Le02829835 · Nikšić | <0.1% | 21,233€ | +1.9% | -11,540€ | -54.3% | 2 | 1,037€ |
| 562 | T&K Commerce02857286 · Tivat | <0.1% | 20,991€ | +39.1% | 1,519€ | 7.2% | 1 | 675€ |
| 563 | Art Wood Montenegro03441997 · Bar | <0.1% | 20,975€ | +59.6% | -13,400€ | -63.9% | 2 | 1,226€ |
| 564 | Emcer03580091 · Bar | <0.1% | 20,939€ | -2.9% | -4,497€ | -21.5% | 3 | 501€ |
| 565 | Mior02795302 · Bijelo Polje | <0.1% | 20,860€ | +40.3% | -5,598€ | -26.8% | 1 | 850€ |
| 566 | Expert02344084 · Nikšić | <0.1% | 20,854€ | +296.7% | 4,372€ | 21.0% | 2 | 509€ |
| 567 | Stedaco03674371 · Budva | <0.1% | 20,601€ | +168.8% | -2,057€ | -10.0% | 1 | — |
| 568 | Fragmenti Boka03608999 · Tivat | <0.1% | 20,554€ | +342,466.7% | -211,008€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 5 | 1,859€ |
| 569 | Vova03349985 · Herceg Novi | <0.1% | 20,450€ | +1.4% | -573€ | -2.8% | 1 | 920€ |
| 570 | Mina Trade03090078 · Bar | <0.1% | 20,306€ | +14.1% | 1,505€ | 7.4% | 2 | 606€ |
| 571 | Vulkan Shop03534561 · Herceg Novi | <0.1% | 20,212€ | +14.8% | 203€ | 1.0% | 2 | 358€ |
| 572 | Globalno Trgovanje03490734 · Budva | <0.1% | 20,000€ | +33.3% | -1,143€ | -5.7% | 2 | 799€ |
| 573 | Boni RR03407586 · Podgorica | <0.1% | 19,958€ | +28.7% | 357€ | 1.8% | 2 | 519€ |
| 574 | Gard - MF02839024 · Nikšić | <0.1% | 19,825€ | -38.6% | -2,856€ | -14.4% | 2 | 716€ |
| 575 | Happy Art Studio03289982 · Budva | <0.1% | 19,762€ | +16.5% | -2,966€ | -15.0% | 1 | 1,260€ |
| 576 | Sell-Man S02070430 · Pljevlja | <0.1% | 19,753€ | -25.3% | -2,024€ | -10.2% | 2 | 398€ |
| 577 | Bedone Solutions03492532 · Budva | <0.1% | 19,700€ | +1,973.7% | -1,324€ | -6.7% | 2 | 821€ |
| 578 | Asti-Shu03481123 · Budva | <0.1% | 19,596€ | +55.5% | -3,141€ | -16.0% | 2 | 681€ |
| 579 | Gostilje Company02232294 · Danilovgrad | <0.1% | 19,583€ | +8.3% | -12,470€ | -63.7% | 2 | 705€ |
| 580 | Žaoka03555321 · Podgorica | <0.1% | 19,567€ | +82.7% | 1,494€ | 7.6% | 1 | 1,502€ |
| 581 | Hopes03234002 · Kotor | <0.1% | 19,502€ | +2,066.9% | 11,100€ | 56.9% | 1 | 678€ |
| 582 | Souvenir Box02971445 · Kotor | <0.1% | 19,420€ | +939.1% | -25,107€ | -129.3% | 2 | 961€ |
| 583 | Ogi-Trade02975696 · Nikšić | <0.1% | 19,377€ | -16.6% | -4,776€ | -24.6% | 2 | 345€ |
| 584 | Gold Lider03387933 · Nikšić | <0.1% | 19,221€ | -40.0% | -7,431€ | -38.7% | 2 | 334€ |
| 585 | Rolo Product03483681 · Herceg Novi | <0.1% | 19,215€ | +2,645.0% | -8,393€ | -43.7% | 1 | 354€ |
| 586 | Sondetta03483819 · Budva | <0.1% | 19,157€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,951€ | -15.4% | 1 | 677€ |
| 587 | Am - CG03069745 · Andrijevica | <0.1% | 18,892€ | +177.5% | 910€ | 4.8% | 2 | 746€ |
| 588 | Butik Avanti03220044 · Berane | <0.1% | 18,818€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -13,775€ | -73.2% | 2 | 1,327€ |
| 589 | Popović Dekor03296334 · Podgorica | <0.1% | 18,530€ | -15.7% | 685€ | 3.7% | 2 | 477€ |
| 590 | Nave03064166 · Budva | <0.1% | 18,370€ | -81.1% | -78,336€ | -426.4% | 1 | — |
| 591 | Montevape03115682 · Herceg Novi | <0.1% | 18,100€ | +383.3% | -11,591€ | -64.0% | 2 | 1,200€ |
| 592 | Futura Plus02964040 · Podgorica | <0.1% | 18,040€ | +16.8% | -968€ | -5.4% | 1 | — |
| 593 | Nikša-Plus03554520 · Podgorica | <0.1% | 17,844€ | +11.4% | 653€ | 3.7% | 1 | 1,429€ |
| 594 | S.A.S.COM02788365 · Herceg Novi | <0.1% | 17,842€ | -12.8% | 1,843€ | 10.3% | 1 | — |
| 595 | Icitrin Company03416704 · Podgorica | <0.1% | 17,755€ | -32.3% | -3,782€ | -21.3% | 2 | 655€ |
| 596 | Reminta YS03452425 · Budva | <0.1% | 17,486€ | +146.2% | 7,538€ | 43.1% | 1 | 670€ |
| 597 | In Mne03695611 · Podgorica | <0.1% | 17,382€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -6,312€ | -36.3% | 2 | 621€ |
| 598 | MP Company Mne03750361 · Nikšić | <0.1% | 17,353€ | No filing for 2024. | 468€ | 2.7% | 0 | — |
| 599 | Elektrokomplekttorgsbt03489663 · Budva | <0.1% | 17,300€ | +31.1% | 315€ | 1.8% | 2 | 677€ |
| 600 | Kameks02092964 · Podgorica | <0.1% | 16,776€ | -61.2% | -13,148€ | -78.4% | 2 | 433€ |