Revenue
2.3% of sector revenue
137 companies earned 175.14m€ in 2025, 2.3% of Trade sector revenue. Revenue has grown 3.1× since 2015.
2.3% of sector revenue
83 with at most one employee
Largest employer: Stadion (224)
Median company 2.9% · 44% 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 51–100 of 137
* 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 1 sole proprietor: 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 | 56,662,351€ | 66 |
| 2016 | 62,796,968€ | 72 |
| 2017 | 72,749,307€ | 77 |
| 2018 | 72,354,393€ | 101 |
| 2019 | 81,178,388€ | 101 |
| 2020 | 76,511,258€ | 113 |
| 2021 | 83,390,242€ | 114 |
| 2022 | 137,929,097€ | 126 |
| 2023 | 163,238,815€ | 145 |
| 2024 | 168,599,136€ | 151 |
| 2025 (Preliminary) | 175,139,407€ | 137 |
The number of companies jumped most in 2018: from 77 to 101.
<0.1% |
| 50,319€ |
| -2.1% |
| 1,465€ |
| 2.9% |
| 1 |
| 677€ |
| 53 | Elt02329093 · Podgorica | <0.1% | 49,189€ | +30.4% | 1,521€ | 3.1% | 2 | 811€ |
| 54 | D&V Consulting03296059 · Podgorica | <0.1% | 48,190€ | +9.9% | -2,277€ | -4.7% | 1 | 3,184€ |
| 55 | Lunis03227219 · Podgorica | <0.1% | 47,890€ | +52.8% | 26,509€ | 55.4% | 1 | 405€ |
| 56 | Vukmen Xianghan02901307 · Cetinje | <0.1% | 37,978€ | +393.0% | -10,071€ | -26.5% | 2 | 678€ |
| 57 | Winvo Manufacturing and Trading03109658 · Podgorica | <0.1% | 35,424€ | -73.8% | -11,012€ | -31.1% | 1 | 683€ |
| 58 | Indom Agency03507688 · Podgorica | <0.1% | 32,302€ | -14.9% | 4,765€ | 14.8% | 3 | — |
| 59 | Novocer Montenegro03639738 · Podgorica | <0.1% | 31,350€ | +98.1% | -8,630€ | -27.5% | 1 | 1,273€ |
| 60 | Vertwix03360164 · Herceg Novi | <0.1% | 28,254€ | +6.6% | 1,950€ | 6.9% | 1 | 1,360€ |
| 61 | BNK03735036 · Podgorica | <0.1% | 28,007€ | No filing for 2024. | 1,851€ | 6.6% | 1 | 413€ |
| 62 | Brainobrain03375609 · Podgorica | <0.1% | 27,805€ | +111.6% | 3,757€ | 13.5% | 2 | 607€ |
| 63 | Meteon03731154 · Podgorica | <0.1% | 27,035€ | No filing for 2024. | -3,061€ | -11.3% | 1 | — |
| 64 | Medeks02654628 · Podgorica | <0.1% | 25,158€ | -9.1% | 0€ | 0.0% | 1 | 1,746€ |
| 65 | Mdregion03502937 · Podgorica | <0.1% | 24,568€ | -28.7% | -73€ | -0.3% | 2 | 708€ |
| 66 | Oglaspres02231956 · Podgorica | <0.1% | 24,186€ | +40.2% | 3,544€ | 14.7% | 1 | 678€ |
| 67 | Sookast03485587 · Budva | <0.1% | 23,970€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 6,339€ | 26.4% | 2 | 680€ |
| 68 | Deletić Komerc03237931 · Berane | <0.1% | 23,957€ | -4.5% | 318€ | 1.3% | 1 | 1,951€ |
| 69 | Dirty Orange - Ecommerce03284603 · Berane | <0.1% | 22,400€ | -55.2% | 847€ | 3.8% | 1 | 1,147€ |
| 70 | Aqgt Import&Export03160670 · Podgorica | <0.1% | 22,264€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -19,292€ | -86.7% | 1 | 1,115€ |
| 71 | Belisimo02218151 · Podgorica | <0.1% | 22,025€ | +2.6% | -6,881€ | -31.2% | 2 | 677€ |
| 72 | WF Souvenirs03450007 · Bijelo Polje | <0.1% | 20,727€ | +107.0% | 367€ | 1.8% | 2 | 665€ |
| 73 | ML Lovely Company03382214 · Podgorica | <0.1% | 17,906€ | -37.2% | -4,272€ | -23.9% | 1 | 452€ |
| 74 | Tržni Inženjering03000150 · Podgorica | <0.1% | 16,794€ | +653.4% | 5,243€ | 31.2% | 1 | 656€ |
| 75 | Alkim03548201 · Budva | <0.1% | 16,650€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 8,558€ | 51.4% | 1 | 674€ |
| 76 | Mode Coop03517764 · Herceg Novi | <0.1% | 16,500€ | -56.1% | -5,946€ | -36.0% | 1 | 678€ |
| 77 | Arbitration Management03620816 · Bar | <0.1% | 15,800€ | +302.4% | -2,974€ | -18.8% | 2 | 722€ |
| 78 | Montegreeno03680363 · Podgorica | <0.1% | 13,871€ | +1,087.6% | 1,351€ | 9.7% | 1 | — |
| 79 | Realtomne03609669 · Kotor | <0.1% | 13,701€ | -11.9% | -8,606€ | -62.8% | 2 | 836€ |
| 80 | Win - Win Solution03177432 · Budva | <0.1% | 11,050€ | -44.8% | -9,845€ | -89.1% | 1 | 677€ |
| 81 | Tam Kom Vukčević03177548 · Podgorica | <0.1% | 9,705€ | -8.0% | -5,404€ | -55.7% | 1 | 678€ |
| 82 | Comersa02223201 · Podgorica | <0.1% | 9,146€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -13,462€ | -147.2% | 1 | 563€ |
| 83 | Perfetto Trade03520714 · Podgorica | <0.1% | 7,403€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -3,218€ | -43.5% | 1 | 676€ |
| 84 | Global Link03081320 · Podgorica | <0.1% | 6,994€ | -89.0% | -18,291€ | -261.5% | 3 | 471€ |
| 85 | Gradska Suvenirnica Mojkovac03659518 · Mojkovac | <0.1% | 6,126€ | -1.6% | -3,844€ | -62.7% | 1 | 684€ |
| 86 | Mountain Trade03358305 · Kolašin | <0.1% | 5,876€ | -68.2% | 29€ | 0.5% | 2 | — |
| 87 | Primtex03572919 · Podgorica | <0.1% | 5,831€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -3,982€ | -68.3% | 1 | 814€ |
| 88 | Olmark02399920 · Budva | <0.1% | 5,139€ | -89.5% | -20,478€ | -398.5% | 1 | 833€ |
| 89 | I Gruppo03561640 · Kotor | <0.1% | 3,926€ | -42.8% | -8,488€ | -216.2% | 1 | 740€ |
| 90 | Matkom02100835 · Nikšić | <0.1% | 2,502€ | -99.7% | -9,573€ | -382.6% | 1 | 439€ |
| 91 | Hector Trade03433382 · Podgorica | <0.1% | 2,420€ | +142.0% | -22,134€ | -914.6% | 2 | 788€ |
| 92 | Una International Trade03220206 · Podgorica | <0.1% | 1,749€ | -22.7% | -11,017€ | -629.9% | 1 | 927€ |
| 93 | Arenda02923165 · Podgorica | <0.1% | 992€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -3,808€ | -383.9% | 1 | — |
| 94 | Step&Go03670805 · Budva | <0.1% | 200€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,077€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 926€ |
| 95 | MZ Trade03298957 · Nikšić | <0.1% | 31€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,224€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | — |
| 96 | Mobex02809001 · Podgorica | <0.1% | 17€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -1,439€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | — |
| 97 | Line Project03318303 · Bar | <0.1% | 2€ | -33.3% | -20,365€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 2 | 678€ |
| 98 | Agrocoal03545474 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -1,932€ | — | 1 | — |
| 99 | Albert & Abraham03617769 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,100€ | — | 1 | 675€ |
| 100 | Best Time03425509 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,228€ | — | 1 | 675€ |