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 251–300 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% |
| 8,535€ |
| +331.1% |
| -628€ |
| -7.4% |
| 1 |
| 678€ |
| 253 | Deux D Boutique03783928 · Podgorica | <0.1% | 8,525€ | No filing for 2024. | -453€ | -5.3% | 2 | — |
| 254 | Whiite Lily03729095 · Rožaje | <0.1% | 8,475€ | No filing for 2024. | -1,915€ | -22.6% | 1 | 681€ |
| 255 | Migo Box03748081 · Bar | <0.1% | 8,254€ | No filing for 2024. | -6,059€ | -73.4% | 1 | 611€ |
| 256 | Lush03711544 · Tivat | <0.1% | 8,174€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -34,520€ | -422.3% | 1 | 1,129€ |
| 257 | Fashion Mina03737292 · Podgorica | <0.1% | 7,875€ | No filing for 2024. | -1,201€ | -15.3% | 2 | — |
| 258 | Six God03280705 · Bar | <0.1% | 7,501€ | -10.6% | -9,221€ | -122.9% | 1 | 699€ |
| 259 | NNT03165710 · Herceg Novi | <0.1% | 7,380€ | -26.5% | 410€ | 5.6% | 1 | — |
| 260 | Fantastika LS03257541 · Budva | <0.1% | 7,290€ | +20.4% | -8,212€ | -112.6% | 1 | 337€ |
| 261 | Gnionik03439950 · Cetinje | <0.1% | 6,998€ | -0.3% | -5,425€ | -77.5% | 0 | — |
| 262 | K Store03568067 · Cetinje | <0.1% | 6,803€ | +1.2% | 33€ | 0.5% | 1 | 335€ |
| 263 | Black Box03746810 · Plav | <0.1% | 6,606€ | No filing for 2024. | -4,029€ | -61.0% | 2 | 350€ |
| 264 | Modni Magazin03371034 · Nikšić | <0.1% | 6,463€ | -17.8% | -15,173€ | -234.8% | 5 | 326€ |
| 265 | Christian Dior Couture Montenegro03355683 · Podgorica | <0.1% | 6,264€ | -99.9% | -273,423€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 753€ |
| 266 | Aura Ea03791769 · Bijelo Polje | <0.1% | 6,233€ | No filing for 2024. | 3,141€ | 50.4% | 2 | — |
| 267 | Miamaystore03781038 · Budva | <0.1% | 5,945€ | No filing for 2024. | 293€ | 4.9% | 2 | — |
| 268 | Demir International03687023 · Podgorica | <0.1% | 5,905€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,456€ | -41.6% | 1 | 678€ |
| 269 | Mbline03139182 · Kolašin | <0.1% | 5,712€ | +42.9% | -5,359€ | -93.8% | 2 | 407€ |
| 270 | MY Dream02858509 · Budva | <0.1% | 5,630€ | -20.0% | -5,857€ | -104.0% | 1 | 717€ |
| 271 | Kolle02779943 · Podgorica | <0.1% | 5,525€ | -20.5% | -12,860€ | -232.8% | 2 | 677€ |
| 272 | Li-Yo02717891 · Berane | <0.1% | 5,397€ | +47.0% | 1,042€ | 19.3% | 1 | — |
| 273 | Paradox Animation Studio03447243 · Herceg Novi | <0.1% | 5,390€ | +600.0% | -3,896€ | -72.3% | 1 | 680€ |
| 274 | Ariem02439662 · Bar | <0.1% | 5,292€ | -52.4% | -8,511€ | -160.8% | 1 | 675€ |
| 275 | Anima02374056 · Cetinje | <0.1% | 5,081€ | -59.2% | -9,601€ | -189.0% | 1 | 675€ |
| 276 | Agatonik02387425 · Bar | <0.1% | 4,974€ | +19.4% | -17,857€ | -359.0% | 2 | 482€ |
| 277 | El - Almedina03176177 · Rožaje | <0.1% | 4,755€ | -47.5% | -12,571€ | -264.4% | 2 | 681€ |
| 278 | Bold03408221 · Rožaje | <0.1% | 4,700€ | -16.9% | -5,976€ | -127.1% | 2 | 421€ |
| 279 | Urban Shop03397017 · Podgorica | <0.1% | 4,339€ | -27.5% | -3,878€ | -89.4% | 1 | 392€ |
| 280 | Mivenit02349507 · Herceg Novi | <0.1% | 4,257€ | -8.4% | -18,247€ | -428.6% | 2 | 678€ |
| 281 | La Nassti-RČ03193683 · Nikšić | <0.1% | 3,990€ | -46.7% | -16,326€ | -409.2% | 2 | 677€ |
| 282 | Lavluxe03389553 · Herceg Novi | <0.1% | 3,903€ | -24.9% | -2,868€ | -73.5% | 1 | — |
| 283 | Boutique Tea Fashion03725901 · Podgorica | <0.1% | 3,814€ | No filing for 2024. | -10,482€ | -274.8% | 1 | 639€ |
| 284 | D&A System03792889 · Podgorica | <0.1% | 3,766€ | No filing for 2024. | -4,425€ | -117.5% | 3 | — |
| 285 | Dječja Odjeća Winnie Pooh03413543 · Podgorica | <0.1% | 3,705€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,728€ | -127.6% | 1 | 678€ |
| 286 | Belle03138984 · Herceg Novi | <0.1% | 3,491€ | -89.8% | -17,562€ | -503.1% | 1 | 334€ |
| 287 | Bambino Kids03368416 · Pljevlja | <0.1% | 3,461€ | +23.4% | -5,499€ | -158.9% | 1 | 671€ |
| 288 | Coco Lady02131749 · Bar | <0.1% | 3,429€ | -30.2% | -6,743€ | -196.6% | 1 | 677€ |
| 289 | Nice and Nice02882973 · Berane | <0.1% | 3,322€ | +164.3% | 1,992€ | 60.0% | 1 | — |
| 290 | Zlatna Petorka03632598 · Kotor | <0.1% | 3,318€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -1,510€ | -45.5% | 1 | — |
| 291 | Pen03004970 · Podgorica | <0.1% | 3,260€ | -38.4% | -6,777€ | -207.9% | 1 | 740€ |
| 292 | Asitalija02221896 · Podgorica | <0.1% | 2,827€ | -36.0% | -27,160€ | -960.7% | 1 | 1,925€ |
| 293 | Strawberry03559068 · Podgorica | <0.1% | 2,799€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -3,836€ | -137.0% | 1 | 370€ |
| 294 | MY B&N03628400 · Mojkovac | <0.1% | 2,544€ | -65.4% | 25€ | 1.0% | 1 | — |
| 295 | Xiang Rui02314592 · Podgorica | <0.1% | 2,510€ | -21.8% | -16,676€ | -664.4% | 2 | 681€ |
| 296 | Leto VYT03417506 · Tivat | <0.1% | 2,500€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -5,658€ | -226.3% | 1 | 670€ |
| 297 | Butik Still03472507 · Pljevlja | <0.1% | 2,478€ | +7.0% | -9,148€ | -369.2% | 2 | 427€ |
| 298 | Margareta Butik03229467 · Podgorica | <0.1% | 2,374€ | -25.0% | -6,947€ | -292.6% | 1 | 681€ |
| 299 | Vip-Services Montenegro03122727 · Budva | <0.1% | 2,374€ | -8.8% | -4,165€ | -175.4% | 1 | 477€ |
| 300 | Mystic Fashion03455793 · Pljevlja | <0.1% | 2,323€ | +42.4% | -6,000€ | -258.3% | 1 | 343€ |