Revenue
0.7% of sector revenue
272 companies earned 53.80m€ in 2025, 0.7% of Trade sector revenue. Revenue has grown 3.0× since 2015.
0.7% of sector revenue
134 with at most one employee
Largest employer: Kuća Hemije (160)
Median company 1.4% · 41% 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 272
* 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 9 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 | 17,914,838€ | 146 |
| 2016 | 20,939,807€ | 149 |
| 2017 | 22,228,379€ | 163 |
| 2018 | 22,032,559€ | 182 |
| 2019 | 23,947,413€ | 181 |
| 2020 | 20,809,445€ | 184 |
| 2021 | 24,265,796€ | 192 |
| 2022 | 31,751,776€ | 223 |
| 2023 | 39,268,125€ | 267 |
| 2024 | 45,703,410€ | 285 |
| 2025 (Preliminary) | 53,803,426€ | 272 |
Employees and payroll cost per employee per month*
<0.1% |
| 46,783€ |
| +21.4% |
| 13,146€ |
| 28.1% |
| 3 |
| 508€ |
| 103 | Artica03150470 · Podgorica | <0.1% | 45,849€ | +24.0% | 2,306€ | 5.0% | 2 | 678€ |
| 104 | Planina02814935 · Nikšić | <0.1% | 44,516€ | +4.0% | -5,186€ | -11.6% | 1 | 675€ |
| 105 | Ćamuradam03159485 · Budva | <0.1% | 44,466€ | +36.6% | -4,182€ | -9.4% | 2 | 803€ |
| 106 | Derya03515079 · Kotor | <0.1% | 44,357€ | +42.1% | 3,562€ | 8.0% | 3 | 457€ |
| 107 | BBH03126048 · Budva | <0.1% | 43,899€ | +53.6% | 4,590€ | 10.5% | 2 | 608€ |
| 108 | BDK Figura03473236 · Kotor | <0.1% | 42,883€ | +3.1% | -18,258€ | -42.6% | 4 | 625€ |
| 109 | Montemaris03615723 · Budva | <0.1% | 42,641€ | +15.0% | -20,313€ | -47.6% | 1 | 1,201€ |
| 110 | Sidro Shop03415015 · Zeta | <0.1% | 42,102€ | -21.4% | -6,043€ | -14.4% | 3 | 341€ |
| 111 | Galerija Zor03438015 · Podgorica | <0.1% | 40,363€ | +29.6% | 684€ | 1.7% | 3 | 426€ |
| 112 | Nives02356732 | <0.1% | 39,835€ | +32.8% | 2,820€ | 7.1% | 1 | 940€ |
| 113 | Colore02347229 · Herceg Novi | <0.1% | 38,262€ | -3.8% | 3,786€ | 9.9% | 3 | 427€ |
| 114 | Paradox Look Mne02977397 · Podgorica | <0.1% | 38,045€ | +5.7% | -10,374€ | -27.3% | 4 | 560€ |
| 115 | Galata Concept03512363 · Kotor | <0.1% | 37,086€ | +333.0% | -1,194€ | -3.2% | 2 | 670€ |
| 116 | La Joya Company03670490 · Budva | <0.1% | 35,206€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 11,369€ | 32.3% | 5 | — |
| 117 | Gardenija02693518 · Tivat | <0.1% | 35,197€ | -28.0% | -4,792€ | -13.6% | 2 | 519€ |
| 118 | Posejdon Art Gallery03683664 · Kotor | <0.1% | 35,096€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 3,209€ | 9.1% | 2 | 677€ |
| 119 | Penso03413985 · Budva | <0.1% | 34,494€ | -24.2% | -43,371€ | -125.7% | 2 | 548€ |
| 120 | Radović Company02325195 · Podgorica | <0.1% | 34,027€ | -2.9% | 690€ | 2.0% | 2 | 678€ |
| 121 | Good Life 150803532712 · Podgorica | <0.1% | 33,649€ | +5.4% | 4,932€ | 14.7% | 2 | 374€ |
| 122 | Interex02791242 · Budva | <0.1% | 33,559€ | -6.1% | -3,217€ | -9.6% | 2 | 994€ |
| 123 | Mak - R02862921 · Cetinje | <0.1% | 33,419€ | -2.0% | -3,982€ | -11.9% | 2 | 818€ |
| 124 | Unimark03101126 · Podgorica | <0.1% | 33,265€ | -36.5% | -22,774€ | -68.5% | 1 | 3,879€ |
| 125 | Sellphone03639282 · Podgorica | <0.1% | 31,780€ | +53.8% | -8,790€ | -27.7% | 4 | 620€ |
| 126 | Batuta Commerce03423808 · Kotor | <0.1% | 31,561€ | -38.5% | -6,925€ | -21.9% | 2 | 520€ |
| 127 | Avangardia02623552 · Kotor | <0.1% | 31,435€ | +26.1% | -13,159€ | -41.9% | 3 | 735€ |
| 128 | Tara Retreats03652050 · Budva | <0.1% | 29,900€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 2,172€ | 7.3% | 1 | 2,074€ |
| 129 | Dubmaj02397927 · Tivat | <0.1% | 29,727€ | -5.9% | -8,660€ | -29.1% | 2 | 679€ |
| 130 | Polat Poltex Campany03298485 · Herceg Novi | <0.1% | 29,520€ | +28.7% | -1,117€ | -3.8% | 3 | 599€ |
| 131 | Vizoptik03773817 · Podgorica | <0.1% | 29,329€ | No filing for 2024. | 2,115€ | 7.2% | 2 | 410€ |
| 132 | Re Engineering03642488 · Podgorica | <0.1% | 29,020€ | -1.5% | -12,850€ | -44.3% | 2 | 607€ |
| 133 | Mani Plast03130932 · Ulcinj | <0.1% | 28,377€ | -10.4% | 364€ | 1.3% | 1 | 628€ |
| 134 | ST-Balkan02992396 · Tivat | <0.1% | 28,292€ | +67.5% | 1,266€ | 4.5% | 1 | 677€ |
| 135 | Seluzare03343383 · Budva | <0.1% | 28,206€ | -30.5% | -17,593€ | -62.4% | 3 | 738€ |
| 136 | So Local Culture Trade Company03754120 · Budva | <0.1% | 28,166€ | No filing for 2024. | 4,640€ | 16.5% | 4 | — |
| 137 | Tref Plus03068714 · Budva | <0.1% | 26,932€ | +4.5% | -10,653€ | -39.6% | 2 | 781€ |
| 138 | Mustrica03643638 · Kotor | <0.1% | 26,905€ | -29.4% | -16,807€ | -62.5% | 3 | 538€ |
| 139 | Optika Jelena03651177 · Pljevlja | <0.1% | 24,376€ | +64.0% | 964€ | 4.0% | 1 | 1,082€ |
| 140 | Sim KL03384268 · Kolašin | <0.1% | 24,258€ | +7.8% | -3,524€ | -14.5% | 1 | 766€ |
| 141 | Ihtis03745759 · Bar | <0.1% | 23,308€ | No filing for 2024. | 1,443€ | 6.2% | 1 | 506€ |
| 142 | Scuba Quest02754452 · Bar | <0.1% | 22,600€ | -26.6% | -9,466€ | -41.9% | 1 | 690€ |
| 143 | Adriatic Living03643794 · Tivat | <0.1% | 22,000€ | +1,000.0% | 9,523€ | 43.3% | 1 | 678€ |
| 144 | Lady Di03117936 · Podgorica | <0.1% | 21,993€ | +19.4% | -3,683€ | -16.7% | 2 | 504€ |
| 145 | Slavica03444198 · Kotor | <0.1% | 21,400€ | -15.2% | -13,885€ | -64.9% | 2 | 687€ |
| 146 | Mix Mne03387810 · Podgorica | <0.1% | 20,853€ | +44.5% | 953€ | 4.6% | 2 | 581€ |
| 147 | Lika Optic03028143 · Ulcinj | <0.1% | 19,983€ | -39.0% | -25,402€ | -127.1% | 4 | 698€ |
| 148 | Salt03449181 · Tivat | <0.1% | 19,873€ | +218.5% | -43,256€ | -217.7% | 1 | 678€ |
| 149 | Arti Company02361841 · Ulcinj | <0.1% | 19,068€ | -50.1% | -9,570€ | -50.2% | 1 | 682€ |
| 150 | Angel Stone03650626 · Budva | <0.1% | 18,961€ | +27.1% | -5,164€ | -27.2% | 1 | 1,148€ |