Revenue
4.5% of sector revenue
123 companies earned 337.17m€ in 2025, 4.5% of Trade sector revenue. Revenue has grown 3.2× since 2015.
4.5% of sector revenue
65 with at most one employee
Largest employer: Kips (449)
Median company 2.2% · 48% 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 51–100 of 123
* 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 | 105,827,492€ | 85 |
| 2016 | 122,956,101€ | 88 |
| 2017 | 156,380,509€ | 94 |
| 2018 | 185,920,397€ | 106 |
| 2019 | 195,523,893€ | 110 |
| 2020 | 190,647,109€ | 115 |
| 2021 | 185,535,827€ | 119 |
| 2022 | 240,225,246€ | 122 |
| 2023 | 268,065,625€ | 135 |
| 2024 | 278,446,363€ | 130 |
| 2025 (Preliminary) | 337,169,966€ | 123 |
Employees and payroll cost per employee per month*
<0.1% |
| 150,150€ |
| -33.6% |
| 2,711€ |
| 1.8% |
| 1 |
| 858€ |
| 53 | Tomanis02312352 · Bar | <0.1% | 145,469€ | +10.7% | -18,199€ | -12.5% | 2 | 1,240€ |
| 54 | SMV Company02056801 · Nikšić | <0.1% | 138,613€ | -29.0% | 1,342€ | 1.0% | 1 | 506€ |
| 55 | Šavon02928477 · Mojkovac | <0.1% | 137,076€ | +19.5% | 16,942€ | 12.4% | 3 | 801€ |
| 56 | Inovisto03348601 · Danilovgrad | <0.1% | 132,821€ | -15.1% | 184€ | 0.1% | 7 | 630€ |
| 57 | Haid Company02689901 · Rožaje | <0.1% | 110,927€ | +43.1% | 10,369€ | 9.3% | 3 | 455€ |
| 58 | BS02706750 · Mojkovac | <0.1% | 104,368€ | -2.0% | -1,809€ | -1.7% | 1 | 678€ |
| 59 | Calacatta Murano03714985 · Podgorica | <0.1% | 97,160€ | No filing for 2024. | 95,550€ | 98.3% | 1 | — |
| 60 | MRG Ceramic02847787 · Podgorica | <0.1% | 96,952€ | +8.0% | -7,122€ | -7.3% | 3 | 672€ |
| 61 | Valencia03604900 · Bijelo Polje | <0.1% | 86,117€ | +30.8% | 8,475€ | 9.8% | 3 | 581€ |
| 62 | Balkan Trade & Logistics03364917 · Podgorica | <0.1% | 85,710€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -888€ | -1.0% | 1 | — |
| 63 | Saraj - Kom03183211 · Tuzi | <0.1% | 82,091€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 7,441€ | 9.1% | 2 | 339€ |
| 64 | Prizma02075954 · Cetinje | <0.1% | 69,456€ | +0.2% | 551€ | 0.8% | 3 | 677€ |
| 65 | SK Baubedarf02623803 · Berane | <0.1% | 57,939€ | -34.9% | -3,638€ | -6.3% | 3 | 675€ |
| 66 | MV - Plan02711699 · Nikšić | <0.1% | 53,741€ | -20.1% | 1,091€ | 2.0% | 1 | 338€ |
| 67 | Prizma Mne03148726 · Cetinje | <0.1% | 50,691€ | -40.5% | 491€ | 1.0% | 3 | — |
| 68 | Amar - Komerc02434148 · Bar | <0.1% | 47,339€ | -3.9% | 80€ | 0.2% | 2 | 682€ |
| 69 | 4 Plus03647552 · Podgorica | <0.1% | 43,161€ | +63.2% | 4,882€ | 11.3% | 1 | 678€ |
| 70 | Marnex02877368 · Pljevlja | <0.1% | 39,133€ | +786.0% | -2,807€ | -7.2% | 2 | 676€ |
| 71 | Nemix Trade03304710 · Podgorica | <0.1% | 39,107€ | -68.8% | -8,880€ | -22.7% | 1 | 376€ |
| 72 | ŽS Company03087301 · Podgorica | <0.1% | 37,484€ | +27.5% | -1,840€ | -4.9% | 3 | 638€ |
| 73 | Geis MG03173933 · Podgorica | <0.1% | 33,134€ | -14.2% | -21,190€ | -64.0% | 1 | — |
| 74 | Polymath03652009 · Nikšić | <0.1% | 32,036€ | +203.8% | 1,887€ | 5.9% | 1 | — |
| 75 | Adriatic Facade03754740 · Tivat | <0.1% | 29,350€ | No filing for 2024. | 430€ | 1.5% | 1 | 439€ |
| 76 | Silkotherm Mne03696103 · Podgorica | <0.1% | 28,726€ | +5,132.4% | -50,647€ | -176.3% | 3 | 673€ |
| 77 | Color Fenix02421801 · Podgorica | <0.1% | 16,716€ | -28.6% | 0€ | 0.0% | 1 | — |
| 78 | Božur-Velexport02801108 · Podgorica | <0.1% | 15,061€ | +82.1% | -767€ | -5.1% | 1 | 856€ |
| 79 | Orf02685019 · Danilovgrad | <0.1% | 12,000€ | -0.0% | -3,189€ | -26.6% | 1 | 686€ |
| 80 | Getmont03064131 · Nikšić | <0.1% | 9,186€ | +12.0% | -4,210€ | -45.8% | 1 | 764€ |
| 81 | Top Stil02633671 · Bar | <0.1% | 8,264€ | +1,438.9% | -109,569€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 677€ |
| 82 | Alfa Most03528529 · Herceg Novi | <0.1% | 7,681€ | +85.6% | -4,543€ | -59.1% | 1 | 927€ |
| 83 | Trade Transit03569926 · Podgorica | <0.1% | 6,714€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,669€ | -39.8% | 1 | 311€ |
| 84 | Zeta Slavija03763293 · Zeta | <0.1% | 2,067€ | No filing for 2024. | -1,006€ | -48.7% | 1 | — |
| 85 | Sandanik03352803 · Budva | <0.1% | 17€ | -99.8% | -6,348€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 357€ |
| 86 | Sea Falcon03613160 · Podgorica | <0.1% | 10€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -25,907€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 1,350€ |
| 87 | Drvotehna02782235 · Bijelo Polje | <0.1% | 1€ | 0.0% | 0€ | 0.0% | 1 | — |
| 88 | Adria Cement03783324 · Budva | 0.0% | 0€ | No filing for 2024. | -18,730€ | — | 1 | — |
| 89 | Arrmut Trading03349012 · Podgorica | 0.0% | 0€ | -100.0% | -15,580€ | — | 1 | 926€ |
| 90 | Belwood03291111 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,990€ | — | 1 | 677€ |
| 91 | Berdica Cement03760995 · Bar | 0.0% | 0€ | No filing for 2024. | -2,791€ | — | 1 | — |
| 92 | Blue SKY Trading03550109 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,083€ | — | 1 | 851€ |
| 93 | Bojana BN02785382 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -1€ | — | 1 | — |
| 94 | Black Falcon03612597 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,139€ | — | 1 | 678€ |
| 95 | DB Design03646661 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,143€ | — | 1 | 670€ |
| 96 | Emb Materials03796922 · Bar | 0.0% | 0€ | No filing for 2024. | -390€ | — | 1 | — |
| 97 | Invent Mareza03217019 · Podgorica | 0.0% | 0€ | -100.0% | -2,561€ | — | 1 | — |
| 98 | Stile Della Casa Mne03649865 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,284€ | — | 1 | — |
| 99 | Invicto Company03289877 · Plav | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,062€ | — | 1 | 339€ |
| 100 | Lokman Colors03124100 · Rožaje | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -1€ | — | 1 | — |