Revenue
9.1% of sector revenue
1,090 companies earned 687.55m€ in 2025, 9.1% of Trade sector revenue. Revenue has grown 2.7× since 2015.
9.1% of sector revenue
526 with at most one employee
Largest employer: Idea - CG (2,426)
Median company 0.3% · 40% 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 101–150 of 1,090
* 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 81 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 | 252,422,284€ | 594 |
| 2016 | 297,635,850€ | 618 |
| 2017 | 309,230,404€ | 654 |
| 2018 | 302,167,582€ | 741 |
| 2019 | 300,424,571€ | 806 |
| 2020 | 259,977,013€ | 849 |
| 2021 | 313,553,308€ | 861 |
| 2022 | 451,409,515€ | 1,013 |
| 2023 | 559,424,259€ | 1,127 |
| 2024 | 666,888,483€ | 1,128 |
| 2025 (Preliminary) | 687,547,443€ | 1,090 |
Employees and payroll cost per employee per month*
<0.1% |
| 591,993€ |
| +10.4% |
| 6,229€ |
| 1.1% |
| 11 |
| 1,437€ |
| 103 | Sailor Cattaro03076865 · Budva | <0.1% | 582,575€ | +25.0% | 273,156€ | 46.9% | 16 | 716€ |
| 104 | Pingvin02102889 · Kotor | <0.1% | 579,836€ | +5.8% | 32,651€ | 5.6% | 11 | 792€ |
| 105 | Vela02867443 · Budva | <0.1% | 574,939€ | +26.4% | 75,372€ | 13.1% | 15 | 820€ |
| 106 | Veterinar02188503 · Nikšić | <0.1% | 564,718€ | +24.3% | 22,167€ | 3.9% | 6 | 623€ |
| 107 | Maxi02374773 · Pljevlja | <0.1% | 560,632€ | +4.4% | 33,460€ | 6.0% | 16 | 818€ |
| 108 | Vivis02965020 · Podgorica | <0.1% | 554,358€ | +8.3% | 85,006€ | 15.3% | 8 | 1,504€ |
| 109 | Mobileland Store03276031 · Bar | <0.1% | 550,876€ | +20.5% | 10,444€ | 1.9% | 7 | 1,169€ |
| 110 | Bometal02756757 · Kolašin | <0.1% | 545,335€ | +7.7% | 51,051€ | 9.4% | 7 | 802€ |
| 111 | HND Promet02444585 · Rožaje | <0.1% | 541,762€ | +48.3% | 9,028€ | 1.7% | 3 | 854€ |
| 112 | Mix Markt 380803538958 · Budva | <0.1% | 537,487€ | -10.6% | 306€ | 0.1% | 5 | 955€ |
| 113 | VDM Stanišić02744414 · Podgorica | <0.1% | 524,859€ | +49.6% | 137,331€ | 26.2% | 5 | 647€ |
| 114 | Pila02274426 · Pljevlja | <0.1% | 520,629€ | +22.7% | 22,023€ | 4.2% | 4 | 1,185€ |
| 115 | Market Ada03388760 · Podgorica | <0.1% | 515,681€ | +13.8% | 3,079€ | 0.6% | 4 | 2,147€ |
| 116 | M-Migros03032019 · Rožaje | <0.1% | 512,253€ | +31.0% | 33,769€ | 6.6% | 4 | 1,208€ |
| 117 | Vima02925559 · Nikšić | <0.1% | 501,513€ | +38.7% | -8,402€ | -1.7% | 5 | 510€ |
| 118 | Feritas03098826 · Plav | <0.1% | 498,273€ | +13.9% | 25,937€ | 5.2% | 10 | 1,208€ |
| 119 | Dado SSS03424197 · Budva | <0.1% | 497,631€ | -27.2% | 21,403€ | 4.3% | 3 | 776€ |
| 120 | Medox Trade03166384 · Bijelo Polje | <0.1% | 497,025€ | +51.5% | 13,335€ | 2.7% | 5 | 1,205€ |
| 121 | Radulović Komerc03444538 · Podgorica | <0.1% | 489,008€ | -12.4% | 3,219€ | 0.7% | 6 | 692€ |
| 122 | Lungomare 03103447235 · Herceg Novi | <0.1% | 488,924€ | +14.8% | 7,910€ | 1.6% | 7 | 721€ |
| 123 | Orlando-M Company03616096 · Herceg Novi | <0.1% | 488,242€ | +178.4% | 87,769€ | 18.0% | 3 | 1,009€ |
| 124 | Eki - 102965984 · Tivat | <0.1% | 469,399€ | -2.9% | -7,339€ | -1.6% | 1 | 950€ |
| 125 | Same Company02724251 · Plav | <0.1% | 462,474€ | +1.8% | 1,890€ | 0.4% | 3 | 708€ |
| 126 | Bijelić Company02924951 · Nikšić | <0.1% | 461,489€ | -13.1% | 75,586€ | 16.4% | 13 | 707€ |
| 127 | Euro Fashion News03114716 · Berane | <0.1% | 454,644€ | +45.7% | 18,824€ | 4.1% | 6 | 1,347€ |
| 128 | Verkom02231484 · Cetinje | <0.1% | 447,316€ | +15.2% | 6,533€ | 1.5% | 4 | 939€ |
| 129 | Fortezza02780747 · Kotor | <0.1% | 443,703€ | +9.9% | 105,241€ | 23.7% | 9 | 767€ |
| 130 | Keša03342484 · Bijelo Polje | <0.1% | 431,285€ | +13.8% | 6,403€ | 1.5% | 4 | 849€ |
| 131 | Niković02763923 · Podgorica | <0.1% | 427,996€ | +26.9% | 12,149€ | 2.8% | 4 | 680€ |
| 132 | M.R. Maja02439581 · Bijelo Polje | <0.1% | 415,065€ | +5.2% | 8,229€ | 2.0% | 7 | 805€ |
| 133 | Mall02750899 · Tuzi | <0.1% | 406,438€ | +23.3% | 44,346€ | 10.9% | 5 | 764€ |
| 134 | Nebo Jan02755238 · Podgorica | <0.1% | 405,409€ | -19.9% | 28,001€ | 6.9% | 7 | 746€ |
| 135 | Mix Markt 380703614255 · Budva | <0.1% | 393,014€ | -6.4% | -13,830€ | -3.5% | 4 | 959€ |
| 136 | Kurti Company03535037 · Ulcinj | <0.1% | 388,836€ | +6.4% | 25,014€ | 6.4% | 1 | 1,046€ |
| 137 | Duga Trade02830531 · Zeta | <0.1% | 385,193€ | +11.5% | 30,505€ | 7.9% | 6 | 927€ |
| 138 | Forma S03252710 · Herceg Novi | <0.1% | 382,883€ | +99.8% | 33,396€ | 8.7% | 4 | 1,097€ |
| 139 | Dalton02234947 · Herceg Novi | <0.1% | 380,002€ | -16.3% | 1,536€ | 0.4% | 4 | 917€ |
| 140 | Dani Comm02705800 · Ulcinj | <0.1% | 379,723€ | -3.3% | 3,967€ | 1.0% | 2 | 797€ |
| 141 | Silk and Silky03363295 · Kotor | <0.1% | 364,312€ | +15.1% | 115,243€ | 31.6% | 3 | 1,490€ |
| 142 | JD & CO.03270149 · Nikšić | <0.1% | 362,248€ | -2.8% | 4,224€ | 1.2% | 5 | 963€ |
| 143 | KS Pahulja02427427 · Nikšić | <0.1% | 358,448€ | +1.9% | 1,394€ | 0.4% | 10 | 702€ |
| 144 | Sim-Radović02339706 · Herceg Novi | <0.1% | 357,665€ | +40.3% | 5,417€ | 1.5% | 2 | 775€ |
| 145 | Adžić Company03302482 · Podgorica | <0.1% | 357,189€ | +7.8% | 2,326€ | 0.7% | 5 | 810€ |
| 146 | Vom - Co02647443 · Nikšić | <0.1% | 350,257€ | -8.0% | 875€ | 0.2% | 8 | 913€ |
| 147 | Bisernica02691361 · Rožaje | <0.1% | 349,787€ | +27.8% | 79,044€ | 22.6% | 5 | 1,944€ |
| 148 | Plavi Kiosk02873494 · Nikšić | <0.1% | 348,306€ | +7.9% | 10,460€ | 3.0% | 2 | 675€ |
| 149 | Ananas Shop03722856 · Podgorica | <0.1% | 345,568€ | No filing for 2024. | -19,666€ | -5.7% | 1 | 892€ |
| 150 | Studium02745186 · Šavnik | <0.1% | 337,511€ | +4.3% | 12,356€ | 3.7% | 5 | 698€ |