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 1001–1050 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*
0.0% |
| 0€ |
| No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. |
| -8,137€ |
| — |
| 1 |
| 675€ |
| 1003 | Verona Phenomen03349853 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,137€ | — | 1 | — |
| 1004 | Veselova03545768 · Podgorica | 0.0% | 0€ | -100.0% | -9,012€ | — | 1 | 677€ |
| 1005 | Vico Import & Export03216497 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,036€ | — | 1 | — |
| 1006 | Vivamus Albi03446875 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -12,096€ | — | 1 | 916€ |
| 1007 | VKS Group03544486 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,967€ | — | 1 | 670€ |
| 1008 | Vox Oriens03447383 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -21,121€ | — | 1 | 916€ |
| 1009 | VRH Fortuna02820960 · Žabljak | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,741€ | — | 1 | 627€ |
| 1010 | VR-Trade Mne03326837 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -24,428€ | — | 1 | 2,011€ |
| 1011 | Vujošević Paperino02289750 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,139€ | — | 1 | 678€ |
| 1012 | Yeditepe Yonetim03626881 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,239€ | — | 1 | 926€ |
| 1013 | YSL Tourism03376737 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,195€ | — | 1 | 670€ |
| 1014 | Žad MV03807363 · Berane | 0.0% | 0€ | No filing for 2024. | -457€ | — | 1 | — |
| 1015 | Addi Group03789993 · Bijelo Polje | 0.0% | 0€ | No filing for 2024. | -3,338€ | — | 2 | — |
| 1016 | Mystic Store03805557 · Podgorica | 0.0% | 0€ | No filing for 2024. | -678€ | — | 1 | — |
| 1017 | Monte Ampir03177866 · Bar | 0.0% | 0€ | -100.0% | -8,049€ | — | 1 | 670€ |
| 1018 | Drinić Company02662353 · Budva | 0.0% | 0€ | -100.0% | 0€ | — | — | — |
| 1019 | Guzhova03446883 · Budva | 0.0% | 0€ | -100.0% | -8,303€ | — | 1 | 677€ |
| 1020 | Djani02452022 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,012€ | — | 1 | — |
| 1021 | RS Company02661039 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,123€ | — | 1 | 675€ |
| 1022 | Freedom - Trade03045692 · Kotor | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,135€ | — | 1 | — |
| 1023 | Just Montenegro03377008 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -12,060€ | — | 1 | 926€ |
| 1024 | Kalađurđević02460777 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,100€ | — | 1 | 337€ |
| 1025 | Polica - Antiqitet02379236 · Berane | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 0€ | — | — | — |
| 1026 | Leonida Company02703009 · Ulcinj | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -1,356€ | — | 1 | — |
| 1027 | Aquapure 202503802639 · Podgorica | 0.0% | 0€ | No filing for 2024. | -932€ | — | 1 | — |
| 1028 | DBS1703062333 · Nikšić | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -900€ | — | 1 | — |
| 1029 | Market Vukčević 103343120 · Podgorica | 0.0% | 0€ | No filing for 2024. | -1€ | — | 0 | — |
| 1030 | Queen Company03036405 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,812€ | — | 1 | — |
| 1031 | Ličanka03001695 · Kotor | 0.0% | 0€ | -100.0% | 0€ | — | — | — |
| 1032 | Ubli Trade03729591 · Podgorica | 0.0% | 0€ | No filing for 2024. | -5,927€ | — | 1 | 493€ |
| 1033 | Miki - Bar02971135 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -6,092€ | — | 3 | — |
| 1034 | 23 Septembar02108313 · Podgorica | 0.0% | 0€ | -100.0% | 0€ | — | — | — |
| 1035 | Old City02618079 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,062€ | — | 1 | 338€ |
| 1036 | R&M Trade03036952 · Danilovgrad | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -1€ | — | 1 | — |
| 1037 | Vinici Group03696529 · Herceg Novi | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -10,464€ | — | 1 | 677€ |
| 1038 | Yellow Raven03537790 · Herceg Novi | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,325€ | — | 1 | 677€ |
| 1039 | Bandici Estate03747611 · Podgorica | 0.0% | 0€ | No filing for 2024. | -7,086€ | — | 1 | — |
| 1040 | Stop&Shop Company03805077 · Nikšić | 0.0% | 0€ | No filing for 2024. | -706€ | — | 0 | — |
| 1041 | Marković Co02683415 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,039€ | — | 1 | — |
| 1042 | Dile02764172 · Nikšić | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -550€ | — | 1 | — |
| 1043 | Leptir02883236 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -16,360€ | — | 2 | 678€ |
| 1044 | MD Plus02796759 · Nikšić | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -1,250€ | — | 1 | — |
| 1045 | MLM-Company02994852 · Šavnik | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -13,445€ | — | 1 | 675€ |
| 1046 | Colson's03650774 · Herceg Novi | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -10,342€ | — | 1 | 851€ |
| 1047 | Amalfi03219780 · Tivat | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -1,889€ | — | 1 | — |
| 1048 | Verdes 1103294587 · Kotor | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -6,092€ | — | 1 | 508€ |
| 1049 | BNT Trade03376664 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,375€ | — | 1 | 690€ |
| 1050 | Dynasty Company03396428 · Rožaje | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -1,181€ | — | 1 | — |