Revenue
0.9% of sector revenue
60 companies earned 69.59m€ in 2025, 0.9% of Trade sector revenue. Revenue has grown 3.3× since 2015.
0.9% of sector revenue
30 with at most one employee
Largest employer: Fashion Company (150)
Not shown: one company carries more than half of the profit or loss
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 60
* 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 →
Not shown: one company carries more than half of the profit or loss. The aggregate margin is not shown when fewer than 5 companies have one, or when one company carries more than half of the summed profit and loss; use the median margin and the profitable share instead. Profits that cannot be reconciled with revenue and payroll are left out.
Totals include 2 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 | 20,775,126€ | 37 |
| 2016 | 24,952,943€ | 39 |
| 2017 | 28,114,562€ | 46 |
| 2018 | 31,088,534€ | 52 |
| 2019 | 38,634,542€ | 57 |
| 2020 | 28,637,164€ | 54 |
| 2021 | 33,762,371€ | 56 |
| 2022 | 50,498,936€ | 57 |
| 2023 | 58,233,885€ | 64 |
| 2024 | 59,918,318€ | 64 |
| 2025 (Preliminary) | 69,594,081€ | 60 |
Employees and payroll cost per employee per month*
9.0% |
| 6,273,862€ |
| +20.7% |
| 28,390€ |
| 0.5% |
| 73 |
| 824€ |
| 3 | Skechers S.A.R.L03041719 · Podgorica | 6.1% | 4,219,381€ | +36.3% | 1,508,694€ | 35.8% | 0 | — |
| 4 | Jasmil Montenegro02452529 · Podgorica | 5.5% | 3,834,601€ | +14.3% | 13,653€ | 0.4% | 31 | 1,160€ |
| 5 | Alsen Leather03169774 · Kotor | 5.3% | 3,698,490€ | +26.0% | -202,169€ | -5.5% | 24 | 1,248€ |
| 6 | Kit02051257 · Nikšić | 5.1% | 3,570,615€ | -9.8% | 55,692€ | 1.6% | 59 | 817€ |
| 7 | East Box03266206 · Podgorica | 4.7% | 3,296,922€ | -15.9% | 593,496€ | 18.0% | 9 | 932€ |
| 8 | HM03085694 · Podgorica | 4.2% | 2,888,580€ | +39.9% | 400,867€ | 13.9% | 7 | 1,503€ |
| 9 | Maxim Investment02819538 · Podgorica | 4.1% | 2,841,445€ | +14.3% | 407,333€ | 14.3% | 30 | 1,019€ |
| 10 | Obuća Metro03269094 · Podgorica | 3.1% | 2,163,260€ | +20.1% | 48,969€ | 2.3% | 24 | 1,205€ |
| 11 | Ljuljanović Cotton i Ortaci02335522 · Podgorica | 1.9% | 1,319,158€ | +6.6% | 220,342€ | 16.7% | 32 | 888€ |
| 12 | Katarea02405539 · Kotor | 1.2% | 817,171€ | +3.2% | 82,529€ | 10.1% | 8 | 874€ |
| 13 | Primadonna Fashion03616703 · Podgorica | 1.0% | 661,998€ | +25.7% | 592€ | 0.1% | 16 | 1,097€ |
| 14 | Luna Montenegro02852306 · Podgorica | 0.6% | 445,195€ | +8.1% | -2,245€ | -0.5% | 9 | 1,062€ |
| 15 | Marpet02725720 · Bar | 0.6% | 419,702€ | +129.9% | 38,034€ | 9.1% | 9 | 897€ |
| 16 | Toscana02286530 · Podgorica | 0.5% | 368,048€ | -15.9% | 33,873€ | 9.2% | 7 | 807€ |
| 17 | Eshop02092867 · Podgorica | 0.5% | 348,077€ | +1.2% | 14,422€ | 4.1% | 9 | 525€ |
| 18 | Shoekinky02968100 · Tivat | 0.3% | 229,758€ | +0.5% | 38,035€ | 16.6% | 3 | 741€ |
| 19 | DR. Luigi02337053 · Tivat | 0.3% | 195,994€ | -6.4% | -35,295€ | -18.0% | 3 | 487€ |
| 20 | Bogutovo-Montenegro03156036 · Budva | 0.3% | 177,061€ | +46.0% | 5,363€ | 3.0% | 1 | 678€ |
| 21 | Marcus Group03495442 · Podgorica | 0.2% | 151,054€ | +88.2% | 10,012€ | 6.6% | 1 | 1,094€ |
| 22 | Senzo Rivolli03641244 · Podgorica | 0.2% | 132,477€ | +79.6% | 71,380€ | 53.9% | 4 | 345€ |
| 23 | Chersea03542157 · Podgorica | 0.2% | 128,916€ | +173.8% | 2,469€ | 1.9% | 3 | 842€ |
| 24 | Casa Perfetta03360130 · Bar | 0.1% | 89,481€ | +15.0% | 1,471€ | 1.6% | 4 | 703€ |
| 25 | Work and Sport03645193 · Podgorica | 0.1% | 85,350€ | +123.6% | 9,120€ | 10.7% | 1 | 1,055€ |
| 26 | Ex Compacto03352986 · Nikšić | 0.1% | 82,193€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 70,503€ | 85.8% | 9 | — |
| 27 | Tadex.In.02364409 · Podgorica | 0.1% | 79,819€ | -28.8% | -7,433€ | -9.3% | 6 | 635€ |
| 28 | Protekta Pro03124827 · Bar | <0.1% | 62,750€ | -33.1% | 310€ | 0.5% | 1 | 526€ |
| 29 | Lijepe Stvari Company03170918 · Nikšić | <0.1% | 58,801€ | +17.2% | 186€ | 0.3% | 5 | 653€ |
| 30 | H&M Boutique Montenegro03698327 · Rožaje | <0.1% | 42,237€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 12,428€ | 29.4% | 1 | 675€ |
| 31 | Tang Yin03284204 · Bar | <0.1% | 34,337€ | +3.0% | -12,417€ | -36.2% | 1 | 2,611€ |
| 32 | Exclusive-Company02686716 · Bijelo Polje | <0.1% | 28,671€ | +22.6% | 600€ | 2.1% | 2 | 965€ |
| 33 | Min Clothing03750825 · Budva | <0.1% | 26,839€ | No filing for 2024. | 8,748€ | 32.6% | 1 | 409€ |
| 34 | Wedding03179982 · Podgorica | <0.1% | 20,110€ | +17.7% | 1,246€ | 6.2% | 2 | 700€ |
| 35 | Wink Fashion03596141 · Bar | <0.1% | 19,412€ | -38.4% | 141€ | 0.7% | 2 | 376€ |
| 36 | Italsport02844427 · Podgorica | <0.1% | 19,046€ | -65.3% | 4,324€ | 22.7% | 1 | — |
| 37 | Geri Step03084213 · Rožaje | <0.1% | 15,288€ | +208.0% | 0€ | 0.0% | 1 | 1,011€ |
| 38 | City Kvart Company02932261 · Podgorica | <0.1% | 12,600€ | -44.9% | -8,621€ | -68.4% | 3 | 396€ |
| 39 | Lir-Com03012271 · Podgorica | <0.1% | 12,555€ | +1.3% | -8,752€ | -69.7% | 1 | 1,039€ |
| 40 | MG Sport02425297 · Nikšić | <0.1% | 7,365€ | -46.8% | -3,582€ | -48.6% | 1 | 377€ |
| 41 | Starseed03357350 · Budva | <0.1% | 7,200€ | -73.8% | -6,235€ | -86.6% | 1 | 731€ |
| 42 | Đoja03344193 · Nikšić | <0.1% | 6,248€ | +32.8% | -6,352€ | -101.7% | 1 | 675€ |
| 43 | Divax02619547 · Podgorica | <0.1% | 5,001€ | -30.9% | -9,886€ | -197.7% | 1 | 677€ |
| 44 | Maya Denge Group03525503 · Budva | <0.1% | 5,000€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -6,747€ | -134.9% | 1 | 678€ |
| 45 | K.C.V.03662497 · Bar | <0.1% | 4,388€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -7,440€ | -169.6% | 1 | 820€ |
| 46 | Basari-K03534987 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,139€ | — | 1 | 675€ |
| 47 | Green Fox Fur03680975 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,992€ | — | 1 | 678€ |
| 48 | Nest Dap03700461 · Bar | 0.0% | 0€ | -100.0% | -8,160€ | — | 1 | 678€ |
| 49 | Viteco03465420 · Bar | 0.0% | 0€ | -100.0% | -11,352€ | — | 1 | 927€ |
| 50 | Golden Stitch03555224 · Herceg Novi | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,413€ | — | 1 | 851€ |