Revenue
4.6% of sector revenue
88 companies earned 344.41m€ in 2025, 4.6% of Trade sector revenue. Revenue has grown 3.3× since 2015.
4.6% of sector revenue
27 with at most one employee
Largest employer: Glosarij (183)
Median company 3.7% · 60% 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 88
* 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 | 103,154,835€ | 48 |
| 2016 | 109,839,108€ | 49 |
| 2017 | 126,539,775€ | 52 |
| 2018 | 143,151,017€ | 60 |
| 2019 | 157,590,701€ | 64 |
| 2020 | 198,172,155€ | 68 |
| 2021 | 244,316,797€ | 76 |
| 2022 | 264,772,054€ | 76 |
| 2023 | 276,713,873€ | 85 |
| 2024 | 318,425,159€ | 91 |
| 2025 (Preliminary) | 344,410,586€ | 88 |
Employees and payroll cost per employee per month*
19.2% |
| 66,253,183€ |
| +3.2% |
| 2,943,314€ |
| 4.4% |
| 90 |
| 1,645€ |
| 3 | Glosarij CD02894998 · Podgorica | 5.8% | 20,129,791€ | +9.1% | 6,101,912€ | 30.3% | 20 | 2,603€ |
| 4 | Farmont M.P.02327066 · Danilovgrad | 4.6% | 15,868,701€ | +9.8% | 1,023,704€ | 6.5% | 48 | 2,642€ |
| 5 | Medica02171058 · Podgorica | 4.1% | 14,212,285€ | +24.9% | 975,398€ | 6.9% | 13 | 2,173€ |
| 6 | Urion02301245 · Podgorica | 3.7% | 12,780,612€ | -4.0% | 2,355,466€ | 18.4% | 23 | 1,909€ |
| 7 | Osmi Red - D02296705 · Podgorica | 3.2% | 11,000,990€ | +4.1% | 857,489€ | 7.8% | 47 | 1,751€ |
| 8 | Farmalab02729164 · Podgorica | 1.6% | 5,663,395€ | +32.6% | 391,416€ | 6.9% | 25 | 1,501€ |
| 9 | Inter Pharm03036944 · Podgorica | 1.2% | 4,078,776€ | +22.3% | 279,502€ | 6.9% | 9 | 1,830€ |
| 10 | Fidelitas Pharm02901544 · Bar | 1.1% | 3,830,413€ | +12.1% | 57,513€ | 1.5% | 7 | 1,540€ |
| 11 | Medical Solutions03212955 · Podgorica | 1.0% | 3,293,854€ | +2.7% | 128,582€ | 3.9% | 5 | 2,972€ |
| 12 | Tehno Dental02956144 · Podgorica | 0.8% | 2,745,829€ | +29.8% | 481,947€ | 17.6% | 7 | 1,141€ |
| 13 | Pharma Diskont03108678 · Podgorica | 0.6% | 2,223,695€ | +3.2% | 121,740€ | 5.5% | 15 | 1,691€ |
| 14 | Netpharm02299666 · Podgorica | 0.6% | 2,129,611€ | +51.0% | 128,121€ | 6.0% | 12 | 1,206€ |
| 15 | Altmed03299988 · Podgorica | 0.5% | 1,732,244€ | +16.9% | 20,356€ | 1.2% | 17 | 1,576€ |
| 16 | Mne Medika - Projekt03149617 · Podgorica | 0.5% | 1,705,108€ | +42.1% | 178,016€ | 10.4% | 5 | 1,945€ |
| 17 | Yunycom Mne03659305 · Podgorica | 0.4% | 1,429,063€ | +14,190.6% | 163,859€ | 11.5% | 1 | 925€ |
| 18 | Farmax03383466 · Danilovgrad | 0.4% | 1,383,084€ | +39.6% | 6,005€ | 0.4% | 4 | 3,639€ |
| 19 | Danlab02352397 · Podgorica | 0.4% | 1,268,298€ | +57.2% | 40,612€ | 3.2% | 14 | 1,269€ |
| 20 | Yason CG03078841 · Podgorica | 0.3% | 1,100,731€ | +5.7% | 34,253€ | 3.1% | 2 | 1,206€ |
| 21 | Pharmacy House02830892 · Podgorica | 0.2% | 775,707€ | +27.1% | 25,226€ | 3.3% | 6 | 1,093€ |
| 22 | Salus Podgorica03377555 · Podgorica | 0.2% | 767,170€ | +44.8% | -59,209€ | -7.7% | 4 | 2,285€ |
| 23 | RSV Farmacia Grupa02941929 · Podgorica | 0.2% | 703,653€ | +3.9% | 26,156€ | 3.7% | 7 | 785€ |
| 24 | Superlab03023567 · Nikšić | 0.2% | 599,320€ | +10.7% | 49,235€ | 8.2% | 5 | 1,643€ |
| 25 | Medicalana03404510 · Podgorica | 0.2% | 577,238€ | +31.7% | 199,288€ | 34.5% | 6 | 1,130€ |
| 26 | Sani Optik 195203579298 · Podgorica | 0.2% | 572,548€ | +24.5% | 14,654€ | 2.6% | 4 | 607€ |
| 27 | Dental Grupa Montenegro02988232 · Podgorica | 0.2% | 560,562€ | +23.6% | 31,296€ | 5.6% | 4 | 1,615€ |
| 28 | Inel Medica02272504 · Podgorica | 0.2% | 551,541€ | -25.1% | 15,501€ | 2.8% | 7 | 1,372€ |
| 29 | Malina Nail03206602 · Tivat | 0.1% | 479,019€ | +31.8% | 81,764€ | 17.1% | 7 | 663€ |
| 30 | Aicon Medical03547051 · Podgorica | 0.1% | 476,887€ | -16.2% | 17,605€ | 3.7% | 3 | 1,355€ |
| 31 | Vuk Dental03074030 · Nikšić | 0.1% | 453,170€ | +3.9% | 42,972€ | 9.5% | 3 | 1,213€ |
| 32 | Medi Core03651339 · Podgorica | 0.1% | 449,294€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 32,700€ | 7.3% | 4 | 1,606€ |
| 33 | Opticus Montenegro03236242 · Podgorica | 0.1% | 420,314€ | +27.1% | 68,384€ | 16.3% | 2 | 1,029€ |
| 34 | Anik - Atik02903601 · Podgorica | 0.1% | 356,722€ | -36.9% | 16,412€ | 4.6% | 5 | 2,111€ |
| 35 | Nobel02787784 · Podgorica | <0.1% | 342,800€ | +18.5% | 20,439€ | 6.0% | 4 | 3,511€ |
| 36 | Businessmontenegro02117045 · Podgorica | <0.1% | 316,350€ | -6.9% | 61,593€ | 19.5% | 10 | 1,747€ |
| 37 | Profesional Medic03345319 · Kotor | <0.1% | 313,645€ | +42.7% | 24,814€ | 7.9% | 5 | 706€ |
| 38 | Marlo Medic03587479 · Podgorica | <0.1% | 295,458€ | +1,896.2% | 736€ | 0.2% | 3 | 1,502€ |
| 39 | Mve-Antiseptici02893428 · Podgorica | <0.1% | 261,532€ | -18.0% | 1,919€ | 0.7% | 3 | 1,410€ |
| 40 | Pharmaline02751623 · Podgorica | <0.1% | 255,971€ | -79.3% | 4,610€ | 1.8% | 3 | 948€ |
| 41 | Neomedica Montenegro02643014 · Podgorica | <0.1% | 245,746€ | +12.6% | 30,634€ | 12.5% | 3 | 917€ |
| 42 | Digital Design Solution Montenegro03393208 · Podgorica | <0.1% | 226,056€ | +33.4% | 761€ | 0.3% | 5 | 644€ |
| 43 | Gratis02232243 · Podgorica | <0.1% | 204,833€ | +4.2% | 27,872€ | 13.6% | 2 | 1,650€ |
| 44 | Društvo sa Ogrančenom Odgovornošću03642011 · Podgorica | <0.1% | 180,762€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 3,167€ | 1.8% | 2 | 1,862€ |
| 45 | Ith Trading Co02876485 · Podgorica | <0.1% | 174,636€ | +54.7% | 120,437€ | 69.0% | 2 | 683€ |
| 46 | Epsilon Research International03307794 · Podgorica | <0.1% | 157,821€ | +24.2% | 11,394€ | 7.2% | 4 | 781€ |
| 47 | RS Pharm Mne03639380 · Podgorica | <0.1% | 143,297€ | +101.7% | 57,058€ | 39.8% | 1 | 311€ |
| 48 | Bioplay03356361 · Podgorica | <0.1% | 117,948€ | +248.4% | -75,847€ | -64.3% | 4 | 1,080€ |
| 49 | Pharmalook03343448 · Podgorica | <0.1% | 102,757€ | -5.3% | 5,094€ | 5.0% | 2 | 856€ |
| 50 | Labos Med03650979 · Podgorica | <0.1% | 100,761€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 13,941€ | 13.8% | 2 | 630€ |