Revenue
4.7% of sector revenue
313 companies earned 354.51m€ in 2025, 4.7% of Trade sector revenue. Revenue has grown 2.8× since 2015.
4.7% of sector revenue
106 with at most one employee
Largest employer: Domaća Trgovina (1,440)
Median company 0.9% · 51% 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 313
* 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 →
Totals include 8 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 | 124,646,557€ | 222 |
| 2016 | 132,459,319€ | 236 |
| 2017 | 148,875,652€ | 245 |
| 2018 | 154,307,355€ | 261 |
| 2019 | 175,759,841€ | 273 |
| 2020 | 139,817,575€ | 280 |
| 2021 | 163,810,106€ | 289 |
| 2022 | 220,431,341€ | 300 |
| 2023 | 266,322,000€ | 299 |
| 2024 | 299,181,086€ | 307 |
| 2025 (Preliminary) | 354,507,809€ | 313 |
Employees and payroll cost per employee per month*
20.5% |
| 72,840,843€ |
| +35.7% |
| 1,988,222€ |
| 2.7% |
| 402 |
| 1,250€ |
| 3 | Solaris & Co02375036 · Ulcinj | 4.5% | 16,042,770€ | +14.0% | 532,364€ | 3.3% | 81 | 975€ |
| 4 | Glovo Montenegro03351475 · Podgorica | 2.6% | 9,317,796€ | +24.9% | 551,397€ | 5.9% | 23 | 4,258€ |
| 5 | Popović02276089 · Nikšić | 2.2% | 7,641,713€ | +15.4% | 328,962€ | 4.3% | 45 | 1,255€ |
| 6 | B&B Komerc Petričević02338718 · Podgorica | 1.5% | 5,468,137€ | -6.7% | 451,877€ | 8.3% | 36 | 898€ |
| 7 | MM Market02910217 · Pljevlja | 1.4% | 4,930,028€ | +16.5% | 215,476€ | 4.4% | 38 | 734€ |
| 8 | Atlantic Investment02935147 · Budva | 1.1% | 3,998,025€ | +20.5% | 78,932€ | 2.0% | 27 | 1,014€ |
| 9 | Vencor02358336 · Podgorica | 0.9% | 3,309,989€ | -3.0% | 9,044€ | 0.3% | 16 | 1,331€ |
| 10 | Semi BP03391370 · Bijelo Polje | 0.8% | 2,828,633€ | +9.5% | 104,430€ | 3.7% | 13 | 610€ |
| 11 | MM Zeta03005399 · Zeta | 0.8% | 2,738,618€ | +19.8% | 108,306€ | 4.0% | 19 | 678€ |
| 12 | Aroma02153726 · Pljevlja | 0.7% | 2,431,230€ | +12.1% | 87,273€ | 3.6% | 6 | 818€ |
| 13 | Step Up02899558 · Kotor | 0.6% | 2,256,893€ | +8.7% | 92,482€ | 4.1% | 35 | 920€ |
| 14 | WTC Company02800438 · Kotor | 0.6% | 2,094,373€ | +50.9% | 19,168€ | 0.9% | 10 | 1,075€ |
| 15 | Sim Company02759578 · Podgorica | 0.5% | 1,858,886€ | +4.1% | 74,942€ | 4.0% | 15 | 737€ |
| 16 | Perućica03228568 · Nikšić | 0.5% | 1,697,075€ | +37.3% | 17,665€ | 1.0% | 14 | 701€ |
| 17 | MTK - Commerce02397528 · Budva | 0.5% | 1,680,687€ | -5.1% | 54,754€ | 3.3% | 18 | 1,328€ |
| 18 | Lyonse02928973 · Podgorica | 0.4% | 1,384,755€ | +24.2% | 14,641€ | 1.1% | 11 | 916€ |
| 19 | Necka02761297 · Podgorica | 0.4% | 1,335,646€ | +14.5% | 52,773€ | 4.0% | 11 | 745€ |
| 20 | Bomaco Trade02994020 · Bar | 0.4% | 1,257,910€ | -4.0% | 39,786€ | 3.2% | 6 | 1,980€ |
| 21 | Elmax02395509 · Budva | 0.3% | 1,161,778€ | -4.7% | -24,972€ | -2.1% | 9 | 1,044€ |
| 22 | Mimex Group03001296 · Bijelo Polje | 0.3% | 1,157,263€ | +57.5% | 39,196€ | 3.4% | 16 | 770€ |
| 23 | Duja - Komerc02194627 · Pljevlja | 0.2% | 850,774€ | +1.9% | -25,319€ | -3.0% | 8 | 621€ |
| 24 | Opn Invest02638851 · Budva | 0.2% | 824,436€ | +0.7% | 11,367€ | 1.4% | 13 | 861€ |
| 25 | DT-Group03190170 · Gusinje | 0.2% | 810,842€ | +6.9% | 11,030€ | 1.4% | 7 | 1,010€ |
| 26 | Promato LD02350980 · Podgorica | 0.2% | 794,749€ | +2.9% | 8,353€ | 1.1% | 7 | 817€ |
| 27 | Jedro02873010 · Budva | 0.2% | 794,570€ | +58.0% | 107,812€ | 13.6% | 6 | 856€ |
| 28 | Doči Group02858703 · Ulcinj | 0.2% | 788,444€ | -11.1% | 11,219€ | 1.4% | 9 | 548€ |
| 29 | Iris Trgovina02951924 · Danilovgrad | 0.2% | 787,242€ | +4.6% | 20,204€ | 2.6% | 6 | 963€ |
| 30 | Ily Fresh03476723 · Podgorica | 0.2% | 774,090€ | +27.8% | 2,307€ | 0.3% | 10 | 941€ |
| 31 | Alvon - Group02986183 · Nikšić | 0.2% | 729,197€ | +18.7% | 19,533€ | 2.7% | 10 | 1,046€ |
| 32 | Marmo02116561 · Podgorica | 0.2% | 685,172€ | +12.2% | 50,524€ | 7.4% | 9 | 773€ |
| 33 | Šestan02405067 · Budva | 0.2% | 677,458€ | -23.0% | 15,354€ | 2.3% | 7 | 2,195€ |
| 34 | Šišević02780135 · Podgorica | 0.2% | 666,831€ | +16.9% | 24,880€ | 3.7% | 4 | 1,080€ |
| 35 | Golik & Co02339978 · Podgorica | 0.2% | 607,856€ | +11.0% | 5,619€ | 0.9% | 6 | 828€ |
| 36 | Arija02402793 · Podgorica | 0.2% | 602,028€ | +16.7% | 33,978€ | 5.6% | 8 | 720€ |
| 37 | Spartacus Mne03202305 · Budva | 0.2% | 600,605€ | +9.6% | -47,670€ | -7.9% | 3 | 854€ |
| 38 | Pejmont02240726 · Podgorica | 0.2% | 599,698€ | +63.9% | 2,944€ | 0.5% | 4 | 833€ |
| 39 | Golden Apple03192504 · Bar | 0.2% | 599,643€ | -7.2% | 68,042€ | 11.3% | 4 | 1,424€ |
| 40 | Stanić - Com02758733 · Pljevlja | 0.2% | 573,734€ | +23.6% | 10,724€ | 1.9% | 7 | 698€ |
| 41 | Stane Commerce02818272 · Podgorica | 0.2% | 570,254€ | +18.6% | 9,911€ | 1.7% | 2 | 978€ |
| 42 | Ivanović Ijs03017516 · Podgorica | 0.2% | 561,387€ | +35.7% | 15,390€ | 2.7% | 2 | 1,288€ |
| 43 | Ćepić03423409 · Podgorica | 0.2% | 561,215€ | +0.1% | 6,810€ | 1.2% | 10 | 675€ |
| 44 | Almir02975211 · Ulcinj | 0.2% | 551,742€ | +46.9% | 5,085€ | 0.9% | 3 | 909€ |
| 45 | Magud Company02172224 · Kotor | 0.1% | 530,493€ | -19.8% | 26,608€ | 5.0% | 6 | 966€ |
| 46 | Mijanović Trade02191032 · Budva | 0.1% | 526,412€ | +0.4% | -13,499€ | -2.6% | 5 | 999€ |
| 47 | Lucky Company03250075 · Podgorica | 0.1% | 520,738€ | +31.4% | 61,356€ | 11.8% | 6 | 621€ |
| 48 | New Vinin02420988 · Bar | 0.1% | 479,873€ | +18.7% | -5,293€ | -1.1% | 4 | 712€ |
| 49 | Due Sorelle03696278 · Bar | 0.1% | 466,315€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 106,430€ | 22.8% | 2 | 760€ |
| 50 | SMS Trgovina03666077 · Danilovgrad | 0.1% | 462,675€ | +208.9% | 45,991€ | 9.9% | 5 | 566€ |