Revenue
1.2% of sector revenue
51 companies earned 92.21m€ in 2025, 1.2% of Trade sector revenue. Revenue has grown 4.1× since 2015.
1.2% of sector revenue
29 with at most one employee
Largest employer: Jadran Market (40)
Median company 1.9% · 45% 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 1–50 of 51
* 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 →
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 | 22,453,741€ | 36 |
| 2016 | 23,042,169€ | 36 |
| 2017 | 27,987,904€ | 35 |
| 2018 | 29,249,398€ | 39 |
| 2019 | 29,478,923€ | 41 |
| 2020 | 19,151,028€ | 37 |
| 2021 | 26,824,105€ | 41 |
| 2022 | 38,912,123€ | 43 |
| 2023 | 49,625,991€ | 50 |
| 2024 | 67,510,596€ | 48 |
| 2025 (Preliminary) | 92,212,379€ | 51 |
Employees and payroll cost per employee per month*
20.7% |
| 19,109,615€ |
| No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. |
| -58,998€ |
| -0.3% |
| 33 |
| 1,582€ |
| 3 | Atlanta M03534383 · Bar | 6.8% | 6,285,847€ | -19.5% | 362,854€ | 5.8% | 1 | 1,661€ |
| 4 | Stole&M.I.02378108 · Budva | 6.2% | 5,745,638€ | +12.3% | 137,802€ | 2.4% | 11 | 1,428€ |
| 5 | Timicom02305852 · Herceg Novi | 6.0% | 5,556,274€ | -0.3% | -204,971€ | -3.7% | 32 | 1,998€ |
| 6 | Jadran Market02354845 · Ulcinj | 4.8% | 4,469,299€ | +5.7% | 178,254€ | 4.0% | 40 | 872€ |
| 7 | Frutko - Company02638240 · Budva | 4.2% | 3,910,698€ | +8.4% | 153,204€ | 3.9% | 13 | 1,085€ |
| 8 | Montefruit02685086 · Zeta | 3.6% | 3,358,917€ | -37.2% | -468,487€ | -13.9% | 6 | 740€ |
| 9 | Pert02717999 · Tivat | 3.2% | 2,959,511€ | +2.7% | 443,393€ | 15.0% | 12 | 967€ |
| 10 | D.N.F.02399393 · Budva | 2.8% | 2,579,986€ | +16.0% | 87,653€ | 3.4% | 20 | 368€ |
| 11 | Kod Zećana Company03063852 · Budva | 2.6% | 2,435,382€ | +4.8% | 36,260€ | 1.5% | 6 | 2,853€ |
| 12 | Eco Fruit Herceg Novi03379221 · Herceg Novi | 1.9% | 1,784,706€ | +12.4% | 29,300€ | 1.6% | 13 | 523€ |
| 13 | Redice02932075 · Podgorica | 1.9% | 1,747,136€ | +39.2% | -26,526€ | -1.5% | 2 | 798€ |
| 14 | MB Topfruit03063178 · Podgorica | 1.6% | 1,452,389€ | +7.2% | 55,052€ | 3.8% | 3 | 989€ |
| 15 | Green Story03412571 · Kotor | 1.4% | 1,270,381€ | +34.4% | 136,108€ | 10.7% | 6 | 1,224€ |
| 16 | Dar Prirode03141314 · Zeta | 1.2% | 1,147,684€ | -12.2% | 26,860€ | 2.3% | 4 | 748€ |
| 17 | Šarčević Company03100324 · Podgorica | 1.2% | 1,098,024€ | +15.5% | 197,298€ | 18.0% | 5 | 1,081€ |
| 18 | Rinaldi03533123 · Podgorica | 0.5% | 416,251€ | +62.7% | 8,037€ | 1.9% | 2 | 611€ |
| 19 | Uroš Promet03364518 · Zeta | 0.4% | 404,724€ | -6.2% | -262,667€ | -64.9% | 1 | 856€ |
| 20 | Braća Čolović03407225 · Podgorica | 0.4% | 334,305€ | -20.1% | -60,009€ | -18.0% | 1 | 1,189€ |
| 21 | Zeta Fresh03185931 · Podgorica | 0.4% | 326,528€ | +37.1% | 15,217€ | 4.7% | 1 | 678€ |
| 22 | Disa & Bledi Company02348578 · Ulcinj | 0.3% | 247,616€ | +7.6% | 602€ | 0.2% | 2 | 788€ |
| 23 | MN-Fruit03754049 · Zeta | 0.2% | 215,025€ | No filing for 2024. | 10,538€ | 4.9% | 1 | 453€ |
| 24 | R Fruit03402401 · Podgorica | 0.1% | 121,863€ | -53.6% | 3,012€ | 2.5% | 1 | 675€ |
| 25 | Seafruit02645793 · Rožaje | 0.1% | 97,816€ | -1.0% | -8,326€ | -8.5% | 3 | 1,038€ |
| 26 | Orchard Fruit03573524 · Plav | <0.1% | 91,543€ | -34.3% | -3,144€ | -3.4% | 2 | 521€ |
| 27 | Kumbur Fruit03702979 · Podgorica | <0.1% | 91,274€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -3,050€ | -3.3% | 1 | 678€ |
| 28 | Parović02220792 · Podgorica | <0.1% | 85,941€ | +118.6% | 6,628€ | 7.7% | 1 | 677€ |
| 29 | 02103774562 · Zeta | <0.1% | 56,080€ | No filing for 2024. | 1,263€ | 2.3% | 1 | — |
| 30 | Fannida02710439 · Ulcinj | <0.1% | 51,857€ | -18.4% | -30,017€ | -57.9% | 1 | 869€ |
| 31 | Compass Trade Mne03776425 · Bijelo Polje | <0.1% | 51,233€ | No filing for 2024. | 3,825€ | 7.5% | 1 | — |
| 32 | Mercatura03667049 · Tivat | <0.1% | 43,322€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -70,861€ | -163.6% | 1 | 1,328€ |
| 33 | Fresh Gate03747867 · Ulcinj | <0.1% | 19,436€ | No filing for 2024. | 6,391€ | 32.9% | 0 | — |
| 34 | Terra Sun02972808 · Kotor | <0.1% | 14,395€ | +73.4% | 8,041€ | 55.9% | 1 | 452€ |
| 35 | Sugaku03481336 · Herceg Novi | <0.1% | 8,590€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -778€ | -9.1% | 1 | 678€ |
| 36 | Micelium03560872 · Herceg Novi | <0.1% | 4,804€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -7,942€ | -165.3% | 1 | 929€ |
| 37 | Pregorde Montenegro03615073 · Podgorica | <0.1% | 3,402€ | -52.9% | -8,946€ | -263.0% | 1 | 706€ |
| 38 | Bugo03744736 · Podgorica | <0.1% | 2,893€ | No filing for 2024. | -9,971€ | -344.7% | 1 | 517€ |
| 39 | First Financial Holdings02628295 · Podgorica | <0.1% | 1,200€ | -96.1% | -72,758€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 678€ |
| 40 | Calypso Consultancy03654001 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -276€ | — | 1 | — |
| 41 | Fruta Sana03007103 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,700€ | — | 1 | — |
| 42 | Guldo03641724 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,369€ | — | 1 | — |
| 43 | Marija & Elena Company03612554 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -12,773€ | — | 1 | 729€ |
| 44 | M.M.K. Fruits 199903802850 · Andrijevica | 0.0% | 0€ | No filing for 2024. | -853€ | — | 1 | — |
| 45 | Piaco Group03728480 · Podgorica | 0.0% | 0€ | No filing for 2024. | -33,109€ | — | 4 | 690€ |
| 46 | Porto Gold02972450 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,070€ | — | 1 | 339€ |
| 47 | Free Energy Mne02435586 · Budva | 0.0% | 0€ | -100.0% | -8,143€ | — | 1 | 670€ |
| 48 | Citrusmont02830264 · Ulcinj | 0.0% | 0€ | -100.0% | -5,567€ | — | 1 | 338€ |
| 49 | Eternal Conic03482065 · Herceg Novi | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -16,398€ | — | 2 | 678€ |
| 50 | Muzafar03559831 · Herceg Novi | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,037€ | — | 1 | — |