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 201–250 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% |
| 15,547€ |
| -13.8% |
| -4,456€ |
| -28.7% |
| 2 |
| 735€ |
| 203 | Nino Company03081729 · Danilovgrad | <0.1% | 15,467€ | +58.9% | -8€ | -0.1% | 2 | 509€ |
| 204 | Fu Lan03281906 · Rožaje | <0.1% | 15,375€ | -0.0% | -1,523€ | -9.9% | 1 | 675€ |
| 205 | Blue World03012425 · Bijelo Polje | <0.1% | 15,328€ | -4.4% | 1,149€ | 7.5% | 1 | 677€ |
| 206 | Insolita03379523 · Podgorica | <0.1% | 15,186€ | +13.5% | -735€ | -4.8% | 1 | 678€ |
| 207 | Kapavice02170698 · Herceg Novi | <0.1% | 14,803€ | -37.3% | 2,116€ | 14.3% | 2 | 410€ |
| 208 | Lulu03204367 · Podgorica | <0.1% | 14,415€ | -4.4% | -7,508€ | -52.1% | 1 | 1,199€ |
| 209 | Pink Lady03320502 · Bijelo Polje | <0.1% | 14,389€ | -65.1% | 139€ | 1.0% | 2 | 500€ |
| 210 | Korzo PV02774755 · Pljevlja | <0.1% | 14,244€ | +19.6% | -12,254€ | -86.0% | 2 | 683€ |
| 211 | Mentons03550222 · Nikšić | <0.1% | 14,030€ | -33.3% | -1,118€ | -8.0% | 1 | 938€ |
| 212 | Fashion Story02443198 · Bar | <0.1% | 13,978€ | +10.6% | -527€ | -3.8% | 2 | 423€ |
| 213 | Foster02626659 · Podgorica | <0.1% | 13,730€ | +20.0% | -24,631€ | -179.4% | 3 | 605€ |
| 214 | Optika i Butik Iris02420473 · Pljevlja | <0.1% | 13,481€ | -28.4% | -6,588€ | -48.9% | 2 | 678€ |
| 215 | Telbod02151766 · Podgorica | <0.1% | 13,327€ | +3.5% | -3,995€ | -30.0% | 1 | 675€ |
| 216 | Erektus02365057 · Herceg Novi | <0.1% | 13,126€ | +33.6% | 47€ | 0.4% | 1 | 678€ |
| 217 | The Malibu Club03738639 · Podgorica | <0.1% | 13,120€ | No filing for 2024. | -17,974€ | -137.0% | 2 | 667€ |
| 218 | Iva & Ana02999609 · Berane | <0.1% | 13,074€ | +2.2% | -416€ | -3.2% | 1 | 675€ |
| 219 | Garalin03230015 · Budva | <0.1% | 13,050€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 4,770€ | 36.6% | 1 | 689€ |
| 220 | D & J Trade03032639 · Bar | <0.1% | 13,041€ | -9.0% | 170€ | 1.3% | 3 | — |
| 221 | Piramida Mne03191346 · Podgorica | <0.1% | 13,000€ | +26.2% | -8,955€ | -68.9% | 1 | 1,023€ |
| 222 | He Shun02657287 · Bijelo Polje | <0.1% | 12,868€ | -2.0% | -12,868€ | -100.0% | 2 | 675€ |
| 223 | Trouble Bubble03545377 · Podgorica | <0.1% | 12,796€ | -56.9% | -26,055€ | -203.6% | 3 | 795€ |
| 224 | Seven Stars02916223 · Rožaje | <0.1% | 12,589€ | +158.9% | -4,226€ | -33.6% | 2 | 701€ |
| 225 | Bossi03049353 · Ulcinj | <0.1% | 11,950€ | +14.3% | 1,747€ | 14.6% | 2 | — |
| 226 | Džeki02964937 · Rožaje | <0.1% | 11,865€ | +28.0% | -1,846€ | -15.6% | 2 | — |
| 227 | Vesna-Maks02835983 · Nikšić | <0.1% | 11,812€ | +31.2% | 2,419€ | 20.5% | 2 | — |
| 228 | Escada02676214 · Berane | <0.1% | 11,795€ | -32.3% | -1,439€ | -12.2% | 1 | 675€ |
| 229 | Punto02237423 · Podgorica | <0.1% | 11,375€ | +27.2% | 31€ | 0.3% | 1 | 686€ |
| 230 | Katnić02233495 · Podgorica | <0.1% | 11,210€ | -3.8% | -2,794€ | -24.9% | 1 | 678€ |
| 231 | Lijun02800187 · Bijelo Polje | <0.1% | 10,862€ | +1.5% | -9,365€ | -86.2% | 2 | 695€ |
| 232 | Nelly M03545709 · Petnjica | <0.1% | 10,839€ | -4.2% | -1,173€ | -10.8% | 1 | 675€ |
| 233 | Anavi Montenegro03699722 · Podgorica | <0.1% | 10,419€ | +1,035.0% | -11,387€ | -109.3% | 1 | — |
| 234 | Nensi Fensi03097501 · Podgorica | <0.1% | 10,067€ | +4.5% | -8,577€ | -85.2% | 2 | 705€ |
| 235 | N.A.Company03019918 · Podgorica | <0.1% | 10,058€ | +109.0% | 409€ | 4.1% | 1 | 689€ |
| 236 | Arttextile03294005 · Herceg Novi | <0.1% | 9,987€ | -42.1% | 262€ | 2.6% | 1 | 675€ |
| 237 | Oskar DM02881730 · Pljevlja | <0.1% | 9,986€ | +21.0% | -16,339€ | -163.6% | 4 | 480€ |
| 238 | V.Dora02977656 · Budva | <0.1% | 9,738€ | -26.5% | -14,012€ | -143.9% | 2 | 410€ |
| 239 | Aida Trade03733602 · Rožaje | <0.1% | 9,710€ | No filing for 2024. | -4,453€ | -45.9% | 1 | 505€ |
| 240 | Katex03104788 · Bijelo Polje | <0.1% | 9,637€ | +14.7% | -578€ | -6.0% | 1 | 677€ |
| 241 | Makarena Store03647935 · Podgorica | <0.1% | 9,636€ | +50.4% | -1,156€ | -12.0% | 1 | 730€ |
| 242 | Bixi Co02707438 · Bar | <0.1% | 9,534€ | +5.0% | -2,527€ | -26.5% | 1 | 719€ |
| 243 | Sanja & Sara02681471 · Nikšić | <0.1% | 9,498€ | +200.4% | -93€ | -1.0% | 1 | 677€ |
| 244 | Cardinalli03227057 · Budva | <0.1% | 9,450€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -506€ | -5.4% | 1 | 679€ |
| 245 | Pamss Company03200779 · Cetinje | <0.1% | 9,361€ | +76.5% | -7,186€ | -76.8% | 0 | — |
| 246 | Fashion One Group02713292 · Podgorica | <0.1% | 9,254€ | -83.8% | -10,144€ | -109.6% | 3 | — |
| 247 | Telese Bar03126773 · Bar | <0.1% | 9,237€ | +44.1% | 1,403€ | 15.2% | 1 | 339€ |
| 248 | Tazaro03113485 · Bijelo Polje | <0.1% | 8,992€ | -89.3% | 891€ | 9.9% | 1 | 611€ |
| 249 | Fiteks Mont02310716 · Budva | <0.1% | 8,852€ | -5.7% | -10,149€ | -114.7% | 1 | 682€ |
| 250 | Monamour Mne 1603671739 · Podgorica | <0.1% | 8,833€ | +2,381.2% | -1,439€ | -16.3% | 1 | 343€ |