Revenue
187.63m€2.8× since 2015
2.5% of sector revenue
105paopet Montenegro03699293 · Podgorica
<0.1%
87 companies earned 187.63m€ in 2025, 2.5% of Trade sector revenue. Revenue has grown 2.8× since 2015.
2.5% of sector revenue
43 with at most one employee
Largest employer: Noblewood Market (40)
Median company 2.3% · 67% 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 51–87 of 87
* 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 | 67,924,813€ | 50 |
| 2016 | 74,576,752€ | 55 |
| 2017 | 83,159,528€ | 61 |
| 2018 | 88,857,415€ | 65 |
| 2019 | 92,586,836€ | 72 |
| 2020 | 62,861,009€ | 71 |
| 2021 | 94,898,101€ | 77 |
| 2022 | 124,677,950€ | 79 |
| 2023 | 162,143,686€ | 81 |
| 2024 | 177,510,617€ | 85 |
| 2025 (Preliminary) | 187,630,770€ | 87 |
Employees and payroll cost per employee per month*
<0.1% |
| 80,748€ |
| +12.1% |
| 9,639€ |
| 11.9% |
| 1 |
| 1,374€ |
| 53 | Brajović Wine & Spirits03624471 · Podgorica | <0.1% | 80,671€ | +31.7% | -13,934€ | -17.3% | 1 | 682€ |
| 54 | Syrups03131041 · Nikšić | <0.1% | 77,875€ | -3.9% | -6,874€ | -8.8% | 1 | 967€ |
| 55 | Scotch Whisky International Montenegro03289451 · Tivat | <0.1% | 65,767€ | +5,450.0% | -42,488€ | -64.6% | 1 | 419€ |
| 56 | Toprock03367487 · Podgorica | <0.1% | 55,264€ | -56.2% | -16,793€ | -30.4% | 2 | 506€ |
| 57 | Palavrtić02377853 · Plav | <0.1% | 54,050€ | +84.6% | 5,691€ | 10.5% | 1 | 674€ |
| 58 | Fishta -Export Import02409372 · Tuzi | <0.1% | 51,301€ | -46.0% | -24,881€ | -48.5% | 1 | 767€ |
| 59 | Chateaux03636674 · Zeta | <0.1% | 40,886€ | -9.6% | -1,409€ | -3.4% | 1 | 1,245€ |
| 60 | Dandur03454347 · Bar | <0.1% | 38,358€ | -53.4% | -3,067€ | -8.0% | 2 | 549€ |
| 61 | Expedito02654059 · Podgorica | <0.1% | 30,143€ | -38.6% | -2,633€ | -8.7% | 1 | 714€ |
| 62 | Montefino Wine03049965 · Bar | <0.1% | 24,424€ | +1,512.1% | -4,336€ | -17.8% | 2 | — |
| 63 | Super Trade02804603 · Podgorica | <0.1% | 22,450€ | +23.8% | 4,719€ | 21.0% | 1 | 1,182€ |
| 64 | Nasljeđe03727025 · Podgorica | <0.1% | 19,326€ | No filing for 2024. | 556€ | 2.9% | 1 | — |
| 65 | Econ03394590 · Podgorica | <0.1% | 18,104€ | +72.9% | 440€ | 2.4% | 2 | 401€ |
| 66 | Madra Podgorica03798836 · Podgorica | <0.1% | 12,176€ | No filing for 2024. | 4,553€ | 37.4% | 1 | — |
| 67 | Vinarija Dragić03608794 · Podgorica | <0.1% | 10,978€ | +41.8% | -6,476€ | -59.0% | 1 | 675€ |
| 68 | 105paopet Montenegro03699293 · Podgorica | <0.1% | 10,556€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,189€ | -106.0% | 1 | 680€ |
| 69 | Savoris03746097 · Herceg Novi | <0.1% | 10,054€ | No filing for 2024. | -2,533€ | -25.2% | 1 | 419€ |
| 70 | 3&D02831511 · Podgorica | <0.1% | 9,477€ | -20.2% | 88€ | 0.9% | 1 | — |
| 71 | Dvorac Vina03062694 · Podgorica | <0.1% | 9,044€ | +5.8% | -1,629€ | -18.0% | 1 | 339€ |
| 72 | Libertador03762084 · Podgorica | <0.1% | 4,897€ | No filing for 2024. | 245€ | 5.0% | 1 | — |
| 73 | Istra Vina Mne03795713 · Tivat | <0.1% | 1,967€ | No filing for 2024. | 39€ | 2.0% | 1 | — |
| 74 | Valmont03795705 · Tivat | <0.1% | 1,967€ | No filing for 2024. | 39€ | 2.0% | 1 | — |
| 75 | Wine Treasures03795357 · Tivat | <0.1% | 1,967€ | No filing for 2024. | 26€ | 1.3% | 1 | — |
| 76 | Adriano03797228 · Tivat | <0.1% | 1,884€ | No filing for 2024. | 32€ | 1.7% | 1 | — |
| 77 | Dina Promet03253473 · Podgorica | <0.1% | 1,375€ | -59.2% | -5,588€ | -406.4% | 1 | — |
| 78 | Vodanova03712788 · Podgorica | <0.1% | 126€ | No filing for 2024. | -10,690€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 805€ |
| 79 | I Maks Group02930617 · Herceg Novi | <0.1% | 1€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,121€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 677€ |
| 80 | Adriatic Cellars03699382 · Cetinje | 0.0% | 0€ | -100.0% | -2,133€ | — | 1 | — |
| 81 | Agro - Drink02644142 · Berane | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 0€ | — | — | — |
| 82 | D & A Company02441039 · Budva | 0.0% | 0€ | -100.0% | -2,747€ | — | 1 | — |
| 83 | Geocg Company03772411 · Budva | 0.0% | 0€ | No filing for 2024. | -46€ | — | 1 | — |
| 84 | SN Import & Distribution03796850 · Podgorica | 0.0% | 0€ | No filing for 2024. | -5,756€ | — | 1 | 443€ |
| 85 | Zora Mne03783146 · Podgorica | 0.0% | 0€ | No filing for 2024. | -7,968€ | — | 0 | — |
| 86 | RVDC - Montenegro03248585 · Tivat | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,367€ | — | 1 | 697€ |
| 87 | Green2go03306038 · Bijelo Polje | 0.0% | 0€ | -100.0% | -7,607€ | — | 1 | 338€ |