Revenue
1.9% of sector revenue
379 companies earned 147.19m€ in 2025, 1.9% of Trade sector revenue. Revenue has grown 2.3× since 2015.
1.9% of sector revenue
154 with at most one employee
Largest employer: Donator (339)
Median company -3.2% · 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 151–200 of 379
* 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 38 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 | 64,066,072€ | 247 |
| 2016 | 76,223,868€ | 274 |
| 2017 | 84,127,275€ | 300 |
| 2018 | 85,439,691€ | 334 |
| 2019 | 88,960,129€ | 344 |
| 2020 | 63,674,076€ | 352 |
| 2021 | 83,110,616€ | 359 |
| 2022 | 108,386,275€ | 372 |
| 2023 | 125,737,084€ | 380 |
| 2024 | 139,747,925€ | 382 |
| 2025 (Preliminary) | 147,190,572€ | 379 |
Employees and payroll cost per employee per month*
<0.1% |
| 29,078€ |
| +14.2% |
| 1,075€ |
| 3.7% |
| 2 |
| 839€ |
| 153 | Alkriligo Company03248941 · Budva | <0.1% | 28,756€ | +1.9% | -6,948€ | -24.2% | 2 | 1,103€ |
| 154 | Intimo Lux03518329 · Herceg Novi | <0.1% | 28,454€ | -3.3% | -15,049€ | -52.9% | 2 | 933€ |
| 155 | MN - Bilja03106888 · Podgorica | <0.1% | 28,355€ | +43.5% | 2,326€ | 8.2% | 2 | 791€ |
| 156 | Cotton Plus02446839 · Podgorica | <0.1% | 28,204€ | +6.9% | 2,706€ | 9.6% | 2 | 681€ |
| 157 | Obradović Trade02265478 · Herceg Novi | <0.1% | 27,974€ | -8.9% | 580€ | 2.1% | 3 | 565€ |
| 158 | Dea Dona03347621 · Podgorica | <0.1% | 27,359€ | +26.9% | -2,673€ | -9.8% | 2 | 677€ |
| 159 | Sunborn03730638 · Nikšić | <0.1% | 27,322€ | No filing for 2024. | -975€ | -3.6% | 3 | 554€ |
| 160 | Pocco Fashion03000460 · Podgorica | <0.1% | 26,980€ | +19.4% | 2,111€ | 7.8% | 2 | 792€ |
| 161 | Šaarm02966298 · Bijelo Polje | <0.1% | 26,957€ | -15.2% | -11,774€ | -43.7% | 0 | — |
| 162 | Butik Star MR03356418 · Podgorica | <0.1% | 26,857€ | +43.1% | -859€ | -3.2% | 1 | 1,119€ |
| 163 | Om Forma F02371812 · Herceg Novi | <0.1% | 26,702€ | -77.9% | -6,099€ | -22.8% | 2 | 677€ |
| 164 | Store 201403006883 · Nikšić | <0.1% | 26,596€ | +38.8% | 299€ | 1.1% | 2 | 945€ |
| 165 | Mavili03753573 · Kotor | <0.1% | 26,350€ | No filing for 2024. | 3,319€ | 12.6% | 0 | — |
| 166 | Filis02828278 · Tivat | <0.1% | 25,777€ | -24.7% | -4,342€ | -16.8% | 1 | — |
| 167 | Dječiji Snovi02346753 · Herceg Novi | <0.1% | 25,585€ | +3.7% | -1,594€ | -6.2% | 2 | 499€ |
| 168 | Lux Style03192806 · Berane | <0.1% | 25,524€ | +41.9% | 3,077€ | 12.1% | 2 | 811€ |
| 169 | Sale Della Terra03454860 · Bar | <0.1% | 25,485€ | +579.1% | 13,370€ | 52.5% | 1 | 520€ |
| 170 | MBM Fashion Company03386597 · Podgorica | <0.1% | 25,112€ | -7.1% | -702€ | -2.8% | 2 | 339€ |
| 171 | Vizija MK02717441 · Podgorica | <0.1% | 25,009€ | -5.5% | -6,224€ | -24.9% | 2 | 458€ |
| 172 | Bel Company03514153 · Budva | <0.1% | 24,644€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -16,954€ | -68.8% | 1 | 1,090€ |
| 173 | Spich03281159 · Bar | <0.1% | 23,820€ | +81.0% | 18,260€ | 76.7% | 1 | — |
| 174 | Xing Da02398508 · Rožaje | <0.1% | 22,813€ | +18.3% | -4,998€ | -21.9% | 3 | 449€ |
| 175 | Uštap03159183 · Pljevlja | <0.1% | 22,760€ | +98.8% | -3,902€ | -17.1% | 3 | 567€ |
| 176 | Egziperi02966972 · Nikšić | <0.1% | 22,492€ | +4.6% | -1,394€ | -6.2% | 2 | 677€ |
| 177 | Malena Boutique03244539 | <0.1% | 22,393€ | -21.5% | 148€ | 0.7% | 1 | 1,069€ |
| 178 | Lil Trade03083136 · Tivat | <0.1% | 22,383€ | +25.4% | 587€ | 2.6% | 2 | 716€ |
| 179 | Blankaroman03711692 · Podgorica | <0.1% | 22,232€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -7,625€ | -34.3% | 1 | 1,060€ |
| 180 | S.Vučinić02812215 · Nikšić | <0.1% | 22,019€ | +4.7% | 4,010€ | 18.2% | 1 | 1,217€ |
| 181 | Morski Konjić03299074 · Herceg Novi | <0.1% | 21,974€ | +0.1% | 423€ | 1.9% | 2 | 669€ |
| 182 | Street-M02995557 · Nikšić | <0.1% | 21,954€ | +16.2% | -248€ | -1.1% | 2 | 767€ |
| 183 | Harper Store03223728 · Budva | <0.1% | 21,892€ | -26.5% | 790€ | 3.6% | 1 | 962€ |
| 184 | Eraković Company02781573 · Nikšić | <0.1% | 21,668€ | +37.5% | 5,257€ | 24.3% | 2 | 477€ |
| 185 | Ataleksija03581632 · Nikšić | <0.1% | 20,990€ | -10.1% | -11,118€ | -53.0% | 3 | 687€ |
| 186 | Ninja02440164 · Podgorica | <0.1% | 20,612€ | -22.0% | -4,614€ | -22.4% | 2 | 804€ |
| 187 | Yong-Heng02784203 · Rožaje | <0.1% | 20,537€ | -6.8% | -18,320€ | -89.2% | 4 | 530€ |
| 188 | Cavaliere03369188 · Nikšić | <0.1% | 20,201€ | -25.4% | 2,667€ | 13.2% | 2 | 675€ |
| 189 | Bonaka03045528 · Budva | <0.1% | 19,974€ | +24.0% | -13,236€ | -66.3% | 1 | 1,357€ |
| 190 | Moda Centar03660338 · Mojkovac | <0.1% | 19,360€ | +161.1% | 6,009€ | 31.0% | 1 | 929€ |
| 191 | Gana03609120 · Rožaje | <0.1% | 18,918€ | +39.3% | 175€ | 0.9% | 2 | 674€ |
| 192 | Paco Romano03600661 · Bar | <0.1% | 18,850€ | -22.2% | -2,648€ | -14.0% | 1 | 1,311€ |
| 193 | Amsn02944774 · Podgorica | <0.1% | 18,815€ | -2.2% | 2,207€ | 11.7% | 1 | 910€ |
| 194 | Villa Fashion Room03595293 · Nikšić | <0.1% | 18,498€ | +96.6% | -13,145€ | -71.1% | 2 | 797€ |
| 195 | MR & MRS03081702 · Kolašin | <0.1% | 18,175€ | +31.9% | -1,463€ | -8.0% | 1 | — |
| 196 | Daa203391876 · Rožaje | <0.1% | 18,145€ | +41.0% | 2,748€ | 15.1% | 1 | 1,183€ |
| 197 | California Kids02748371 · Bar | <0.1% | 16,992€ | +17.0% | -3,899€ | -22.9% | 2 | 690€ |
| 198 | Lukvuknik03353052 · Kotor | <0.1% | 16,653€ | -16.8% | 676€ | 4.1% | 2 | 362€ |
| 199 | Vemax Company02865637 · Tivat | <0.1% | 16,240€ | -6.2% | 350€ | 2.2% | 1 | 678€ |
| 200 | Cannabina02864045 · Nikšić | <0.1% | 16,094€ | +27.0% | -2,500€ | -15.5% | 2 | 675€ |