Revenue
2.3% of sector revenue
113 companies earned 173.81m€ in 2025, 2.3% of Trade sector revenue. Revenue has grown 2.9× since 2015.
2.3% of sector revenue
32 with at most one employee
Largest employer: Okov (559)
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 113
* 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 1 sole proprietor: 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 | 59,837,702€ | 88 |
| 2016 | 65,328,802€ | 91 |
| 2017 | 73,625,746€ | 99 |
| 2018 | 78,958,556€ | 107 |
| 2019 | 84,974,310€ | 108 |
| 2020 | 79,663,312€ | 112 |
| 2021 | 91,458,538€ | 108 |
| 2022 | 116,596,786€ | 110 |
| 2023 | 138,651,176€ | 113 |
| 2024 | 156,630,243€ | 115 |
| 2025 (Preliminary) | 173,808,627€ | 113 |
Employees and payroll cost per employee per month*
5.2% |
| 9,056,572€ |
| +68.5% |
| 1,024,294€ |
| 11.3% |
| 23 |
| 1,289€ |
| 3 | Građacomerc02096528 · Ulcinj | 5.0% | 8,743,931€ | +5.8% | 1,177,629€ | 13.5% | 49 | 1,122€ |
| 4 | Mondrian02692945 · Bar | 4.3% | 7,475,252€ | +13.2% | 452,339€ | 6.1% | 41 | 958€ |
| 5 | E - Plus02695731 · Bar | 4.0% | 6,986,966€ | -15.6% | 74,245€ | 1.1% | 46 | 973€ |
| 6 | Grbo-MNM02315602 · Herceg Novi | 2.0% | 3,522,869€ | -2.7% | 151,852€ | 4.3% | 23 | 1,005€ |
| 7 | Izo02049732 · Bijelo Polje | 1.9% | 3,316,684€ | +12.0% | 80,026€ | 2.4% | 28 | 973€ |
| 8 | Nimani Company02465396 · Ulcinj | 1.8% | 3,068,323€ | +20.9% | 124,292€ | 4.1% | 7 | 921€ |
| 9 | Bau Centar02786176 · Bijelo Polje | 1.4% | 2,477,787€ | +14.8% | 170,755€ | 6.9% | 27 | 1,000€ |
| 10 | Val-Gojković02051664 · Herceg Novi | 1.4% | 2,457,416€ | +4.6% | 122,134€ | 5.0% | 15 | 1,089€ |
| 11 | Color Shop02971259 · Bar | 1.4% | 2,368,069€ | +43.5% | 131,169€ | 5.5% | 6 | 783€ |
| 12 | Haus Majstor02681978 · Podgorica | 1.2% | 2,012,892€ | -6.3% | 102,838€ | 5.1% | 51 | 957€ |
| 13 | Alp Trade03061108 · Nikšić | 1.1% | 1,983,213€ | +40.5% | 168,305€ | 8.5% | 9 | 1,386€ |
| 14 | Adria Co02047110 · Bar | 1.1% | 1,841,626€ | +9.6% | 142,707€ | 7.7% | 37 | 896€ |
| 15 | Niksal02076586 · Nikšić | 0.9% | 1,511,580€ | +25.8% | 113,883€ | 7.5% | 12 | 1,049€ |
| 16 | Feroplet02194953 · Herceg Novi | 0.8% | 1,400,392€ | -10.6% | 31,725€ | 2.3% | 15 | 1,082€ |
| 17 | Međedović Company Plus03154912 · Podgorica | 0.8% | 1,355,202€ | +53.2% | 70,970€ | 5.2% | 9 | 2,154€ |
| 18 | Vuković i Ortaci02340216 · Herceg Novi | 0.8% | 1,347,885€ | +19.9% | 136,919€ | 10.2% | 7 | 711€ |
| 19 | Županovac M03022781 · Kolašin | 0.8% | 1,337,109€ | -12.3% | 88€ | 0.0% | 10 | 698€ |
| 20 | Šoškić02216361 · Podgorica | 0.7% | 1,138,644€ | +14.3% | 74,376€ | 6.5% | 5 | 1,179€ |
| 21 | MN-Metal02737256 · Nikšić | 0.6% | 1,118,140€ | +5.8% | 55,296€ | 4.9% | 9 | 756€ |
| 22 | Balkan T & M02765845 · Podgorica | 0.5% | 901,283€ | -5.8% | 4,036€ | 0.4% | 11 | 873€ |
| 23 | Master House03083543 · Podgorica | 0.5% | 833,130€ | +58.2% | 53,116€ | 6.4% | 2 | 832€ |
| 24 | Vin Kolor03081389 · Pljevlja | 0.5% | 828,727€ | +34.5% | 56,138€ | 6.8% | 5 | 964€ |
| 25 | Ž & T Grič02441888 · Budva | 0.5% | 824,606€ | -3.3% | 105,298€ | 12.8% | 6 | 924€ |
| 26 | F i D E L i S03001245 · Nikšić | 0.5% | 799,625€ | +16.3% | 126,106€ | 15.8% | 3 | 885€ |
| 27 | Horeca Lux03536629 · Podgorica | 0.5% | 785,916€ | +94.8% | 115,363€ | 14.7% | 7 | 698€ |
| 28 | Smart Trade02704072 · Tivat | 0.4% | 724,763€ | +2.0% | 89,290€ | 12.3% | 5 | 1,652€ |
| 29 | Ekspert X02876833 · Ulcinj | 0.4% | 722,220€ | +2.8% | 49,707€ | 6.9% | 12 | 877€ |
| 30 | Supreme&Pro03316785 · Podgorica | 0.4% | 702,206€ | +11.5% | 111,995€ | 15.9% | 4 | 636€ |
| 31 | Elpis02369770 · Podgorica | 0.4% | 685,700€ | +3.2% | 30,538€ | 4.5% | 7 | 679€ |
| 32 | Erlind02076497 · Kotor | 0.4% | 660,107€ | +5.1% | 25,537€ | 3.9% | 3 | 1,223€ |
| 33 | Aqua-Matanović02976757 · Podgorica | 0.4% | 620,380€ | +20.3% | 87,094€ | 14.0% | 5 | 1,046€ |
| 34 | Vortex '2203473244 · Podgorica | 0.3% | 539,526€ | +40.4% | 78,688€ | 14.6% | 3 | 1,010€ |
| 35 | Univerzal En02752492 · Pljevlja | 0.3% | 486,309€ | +13.5% | 6,769€ | 1.4% | 7 | 537€ |
| 36 | Color-Mršić02447959 · Tivat | 0.3% | 463,587€ | -4.3% | 42,835€ | 9.2% | 4 | 933€ |
| 37 | Tehno03142809 · Danilovgrad | 0.3% | 458,265€ | -15.2% | 76,706€ | 16.7% | 9 | 741€ |
| 38 | Boje i Lakovi Dragović02760754 · Nikšić | 0.3% | 447,831€ | -8.1% | 10,009€ | 2.2% | 6 | 862€ |
| 39 | Zigma02093995 · Nikšić | 0.3% | 439,788€ | +18.3% | 57,583€ | 13.1% | 4 | 794€ |
| 40 | Metal - Max02966778 · Podgorica | 0.3% | 438,174€ | +17.1% | 45,148€ | 10.3% | 8 | 677€ |
| 41 | Max Color03083454 · Podgorica | 0.2% | 429,622€ | -10.2% | 8,599€ | 2.0% | 5 | 857€ |
| 42 | Flori02680173 · Ulcinj | 0.2% | 426,576€ | +7.3% | 27,539€ | 6.5% | 4 | 814€ |
| 43 | Rotomix03103854 · Podgorica | 0.2% | 411,690€ | +19.8% | 16,447€ | 4.0% | 3 | 813€ |
| 44 | Tri S Company02923467 · Plav | 0.2% | 407,409€ | +5.0% | 45,091€ | 11.1% | 4 | 1,088€ |
| 45 | Evm Group03039897 · Ulcinj | 0.2% | 405,329€ | +6.9% | 57,523€ | 14.2% | 6 | 658€ |
| 46 | Nik Boje03179095 · Nikšić | 0.2% | 394,469€ | +6.0% | 12,660€ | 3.2% | 5 | 987€ |
| 47 | L&V03119025 · Podgorica | 0.2% | 369,255€ | +49.7% | 74,290€ | 20.1% | 2 | 681€ |
| 48 | Sanis02629763 · Bar | 0.2% | 360,946€ | +8.0% | 12,972€ | 3.6% | 2 | 1,412€ |
| 49 | Boje i Lakovi MG03179184 · Nikšić | 0.2% | 346,566€ | +31.4% | 32,097€ | 9.3% | 2 | 678€ |
| 50 | Roknić02243067 · Bar | 0.2% | 341,166€ | +11.1% | 76,624€ | 22.5% | 3 | 1,381€ |