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 101–137 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.
0.0% |
| 0€ |
| No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. |
| -2,025€ |
| — |
| 1 |
| — |
| 103 | Apex Trading02893304 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,119€ | — | 1 | — |
| 104 | Arlana03229742 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -12,416€ | — | 1 | 928€ |
| 105 | Kinta Logistics Montenegro03755142 · Podgorica | 0.0% | 0€ | No filing for 2024. | -10,646€ | — | 2 | 444€ |
| 106 | Knidos Montenegro03575365 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,243€ | — | 2 | 463€ |
| 107 | Oreginonal Group03401162 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,204€ | — | 1 | 928€ |
| 108 | Saint Bo03643026 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,811€ | — | 1 | 680€ |
| 109 | Stone Institute02259788 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -6,096€ | — | 1 | 508€ |
| 110 | Va Team03604055 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,139€ | — | 1 | 678€ |
| 111 | VE&MA Company03471268 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -13,922€ | — | 2 | 508€ |
| 112 | Voltix03800610 · Podgorica | 0.0% | 0€ | No filing for 2024. | -1,108€ | — | 1 | — |
| 113 | Dark Blue02862913 · Podgorica | 0.0% | 0€ | -100.0% | -18,033€ | — | 1 | 872€ |
| 114 | V.D.M.02778068 · Herceg Novi | 0.0% | 0€ | -100.0% | -10,646€ | — | 1 | 674€ |
| 115 | Aleks Company02890500 · Bar | 0.0% | 0€ | -100.0% | -10,387€ | — | 1 | 745€ |
| 116 | Proteco Partners02859041 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,115€ | — | 1 | — |
| 117 | Velmont02190796 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 0€ | — | — | — |
| 118 | Marko Company02371871 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,265€ | — | 1 | 679€ |
| 119 | As Trade03049329 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 0€ | — | — | — |
| 120 | Mersy Global Management03624803 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,325€ | — | 1 | 935€ |
| 121 | Tugraandtaha03583414 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 0€ | — | — | — |
| 122 | 55 North03583783 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 0€ | — | — | — |
| 123 | Janat03228100 · Budva | 0.0% | 0€ | -100.0% | -14,729€ | — | 2 | 610€ |
| 124 | Monteway03532496 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,271€ | — | 1 | 928€ |
| 125 | Elifnur03719618 · Podgorica | 0.0% | 0€ | No filing for 2024. | -6,654€ | — | 1 | 555€ |
| 126 | Galenos03484904 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 0€ | — | — | — |
| 127 | Generate Stock03566447 · Herceg Novi | 0.0% | 0€ | -100.0% | -13,394€ | — | 1 | 929€ |
| 128 | Helenalab03452921 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 0€ | — | — | — |
| 129 | Ko - Ri Trade02648342 · Kotor | 0.0% | 0€ | No filing for 2024. | -8,555€ | — | 0 | — |
| 130 | Laria03347796 · Podgorica | 0.0% | 0€ | -100.0% | -4,614€ | — | 1 | — |
| 131 | Marinetek Mne03101088 · Herceg Novi | 0.0% | 0€ | -100.0% | -13,460€ | — | 1 | 789€ |
| 132 | Mir Global&Co03545547 · Podgorica | 0.0% | 0€ | No filing for 2024. | -1€ | — | 0 | — |
| 133 | Northwork03545512 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -1,930€ | — | 1 | — |
| 134 | Smart Estate03218520 · Tivat | 0.0% | 0€ | -100.0% | -39,557€ | — | 1 | 1,353€ |
| 135 | S.T.Aspinwall03297993 · Bar | 0.0% | 0€ | -100.0% | -6,976€ | — | 1 | 378€ |
| 136 | VLB03069630 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -19,902€ | — | 2 | 801€ |
| 137 | Weltmann Gruppe03218694 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -15,150€ | — | 2 | 631€ |