Revenue
1.0% of sector revenue
62 companies earned 76.13m€ in 2025, 1.0% of Trade sector revenue. Revenue has grown 3.3× since 2015.
1.0% of sector revenue
21 with at most one employee
Largest employer: Sport Vision (333)
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 62
* 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 | 22,916,322€ | 43 |
| 2016 | 24,224,871€ | 43 |
| 2017 | 25,091,004€ | 52 |
| 2018 | 33,948,303€ | 59 |
| 2019 | 41,242,838€ | 63 |
| 2020 | 32,400,826€ | 65 |
| 2021 | 39,345,123€ | 67 |
| 2022 | 53,517,220€ | 66 |
| 2023 | 65,707,969€ | 62 |
| 2024 | 71,660,589€ | 63 |
| 2025 (Preliminary) | 76,128,187€ | 62 |
Employees and payroll cost per employee per month*
15.6% |
| 11,867,349€ |
| -5.4% |
| 1,637,590€ |
| 13.8% |
| 160 |
| 864€ |
| 3 | Office Shoes Mne02454742 · Podgorica | 6.6% | 5,004,632€ | +7.1% | 476,643€ | 9.5% | 53 | 1,008€ |
| 4 | Planika - Montenegro02085666 · Nikšić | 6.4% | 4,883,253€ | -1.5% | 645,305€ | 13.2% | 69 | 946€ |
| 5 | Obuća Minja02699044 · Berane | 4.8% | 3,627,476€ | -2.6% | 124,368€ | 3.4% | 115 | 975€ |
| 6 | D&S Group02894238 · Podgorica | 2.0% | 1,506,732€ | +0.1% | 152,935€ | 10.2% | 19 | 661€ |
| 7 | Gazela Lux02387107 · Podgorica | 1.5% | 1,150,857€ | -8.6% | 77,065€ | 6.7% | 28 | 800€ |
| 8 | Outlet Centar02972387 · Bijelo Polje | 1.2% | 906,234€ | +4.6% | 91,478€ | 10.1% | 27 | 910€ |
| 9 | Iris Leather03256006 · Podgorica | 0.9% | 711,831€ | -6.4% | 16,920€ | 2.4% | 14 | 847€ |
| 10 | Uncom02196808 · Podgorica | 0.9% | 698,576€ | +24.9% | 115,792€ | 16.6% | 9 | 1,083€ |
| 11 | MS Mišel02100363 · Bijelo Polje | 0.8% | 611,075€ | -2.6% | 5,527€ | 0.9% | 16 | 718€ |
| 12 | Tina-Time02282305 · Bar | 0.8% | 592,749€ | +2.8% | 8,834€ | 1.5% | 18 | 805€ |
| 13 | Larix02697025 · Nikšić | 0.6% | 430,294€ | +13.4% | -14,072€ | -3.3% | 6 | 777€ |
| 14 | Fenrir03645207 · Podgorica | 0.5% | 389,925€ | +69.8% | 11,652€ | 3.0% | 7 | 973€ |
| 15 | Djak Sport-PV03673740 · Pljevlja | 0.5% | 345,790€ | +117.4% | 100,546€ | 29.1% | 5 | 787€ |
| 16 | Mera03122409 · Kotor | 0.4% | 330,634€ | -2.5% | 44,788€ | 13.5% | 8 | 1,345€ |
| 17 | Monteroyal & Co03284352 · Kotor | 0.4% | 321,468€ | -17.8% | 92,324€ | 28.7% | 3 | 3,288€ |
| 18 | La Mia Borsa03114163 · Podgorica | 0.4% | 304,332€ | +24.6% | 41,003€ | 13.5% | 7 | 732€ |
| 19 | Evona02422042 · Herceg Novi | 0.4% | 292,952€ | +24.2% | 20,689€ | 7.1% | 4 | 684€ |
| 20 | Tiffany - Trade03105679 · Podgorica | 0.3% | 231,777€ | +3.9% | 4,452€ | 1.9% | 5 | 734€ |
| 21 | Pollino Montenegro02724316 · Nikšić | 0.3% | 205,818€ | +2.0% | 2,323€ | 1.1% | 6 | 514€ |
| 22 | VR02437180 · Berane | 0.3% | 200,426€ | +10.9% | 15,579€ | 7.8% | 2 | 2,080€ |
| 23 | Oa Company03330931 · Podgorica | 0.2% | 180,478€ | +402.4% | 1,201€ | 0.7% | 4 | 680€ |
| 24 | Obuća Bisa02946602 · Podgorica | 0.2% | 126,898€ | +28.8% | 23,362€ | 18.4% | 6 | 700€ |
| 25 | Makka Wine03250989 · Budva | 0.2% | 114,469€ | +2.3% | 4,036€ | 3.5% | 1 | 339€ |
| 26 | Global Network03397637 · Podgorica | 0.1% | 111,950€ | -21.7% | -1,917€ | -1.7% | 3 | 500€ |
| 27 | Roman Handmade Sandals03388964 · Kotor | 0.1% | 76,517€ | +42.1% | 13,926€ | 18.2% | 2 | 1,584€ |
| 28 | Fici Company02321963 · Ulcinj | <0.1% | 69,657€ | -7.8% | 3,698€ | 5.3% | 3 | 757€ |
| 29 | Tiffany02303868 · Podgorica | <0.1% | 67,310€ | +4.4% | 1,830€ | 2.7% | 2 | 305€ |
| 30 | Bonum02393069 · Podgorica | <0.1% | 61,848€ | +8.4% | -3,158€ | -5.1% | 4 | 695€ |
| 31 | 11. Oktobar02235714 · Pljevlja | <0.1% | 56,258€ | -82.4% | -51,069€ | -90.8% | 3 | 751€ |
| 32 | Ladies Place03386538 · Podgorica | <0.1% | 56,005€ | -46.3% | -2,767€ | -4.9% | 4 | 349€ |
| 33 | Moderato02622696 · Podgorica | <0.1% | 51,956€ | +34.7% | -18,137€ | -34.9% | 4 | 663€ |
| 34 | Solo Moda - Comfort03353192 · Herceg Novi | <0.1% | 49,793€ | -16.7% | -2,131€ | -4.3% | 2 | 678€ |
| 35 | Milano Primo03068994 · Podgorica | <0.1% | 46,542€ | +28.3% | 456€ | 1.0% | 3 | 538€ |
| 36 | Per Favore03190234 · Budva | <0.1% | 46,526€ | -61.5% | -167€ | -0.4% | 3 | 685€ |
| 37 | In Step03444597 · Rožaje | <0.1% | 24,636€ | +76.9% | -2,842€ | -11.5% | 1 | 2,212€ |
| 38 | Spes-Company02990776 · Podgorica | <0.1% | 24,049€ | -4.3% | 786€ | 3.3% | 1 | 1,053€ |
| 39 | Larisa Mne03125823 · Bar | <0.1% | 21,465€ | +14.2% | 639€ | 3.0% | 2 | 565€ |
| 40 | Marković RD02315998 · Podgorica | <0.1% | 20,281€ | -0.8% | 232€ | 1.1% | 1 | 667€ |
| 41 | Konzul02151065 · Pljevlja | <0.1% | 19,101€ | +22.8% | -19,286€ | -101.0% | 2 | 678€ |
| 42 | Toop Stars03719375 · Berane | <0.1% | 16,439€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 3,005€ | 18.3% | 1 | 1,015€ |
| 43 | Mićko02769280 · Pljevlja | <0.1% | 10,955€ | +8.9% | -4,319€ | -39.4% | 2 | 512€ |
| 44 | Milićević Group03626709 · Bijelo Polje | <0.1% | 9,696€ | +32.8% | -1,609€ | -16.6% | 1 | 922€ |
| 45 | Anda NK Company03280489 · Nikšić | <0.1% | 9,509€ | +1.5% | 250€ | 2.6% | 1 | 710€ |
| 46 | Milačić MB02324580 · Podgorica | <0.1% | 9,039€ | +20.3% | -2,325€ | -25.7% | 2 | 338€ |
| 47 | Norandvik03223531 · Podgorica | <0.1% | 8,978€ | -34.7% | -3,741€ | -41.7% | 1 | — |
| 48 | Smile Company03130363 · Bar | <0.1% | 6,635€ | -51.7% | -18,083€ | -272.5% | 1 | 382€ |
| 49 | Obuća-Ex-Bata02310201 · Ulcinj | <0.1% | 5,131€ | -5.4% | -9,234€ | -180.0% | 1 | 742€ |
| 50 | Akiba03152138 · Podgorica | <0.1% | 2,400€ | -6.5% | -25,627€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 2 | 376€ |