Revenue
<0.1% of sector revenue
38 companies earned 5.15m€ in 2025, <0.1% of Trade sector revenue. Revenue has grown 4.9× since 2015.
<0.1% of sector revenue
26 with at most one employee
Largest employer: Bel (34)
Median company 1.8% · 42% profitable
Average per employee, not per company
Revenue in € million (bars) and filing companies (below), 2015–2025
Ranked by total revenue · Showing 1–38 of 38
* 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 4 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 | 1,058,379€ | 18 |
| 2016 | 1,314,331€ | 15 |
| 2017 | 1,408,266€ | 17 |
| 2018 | 2,077,708€ | 16 |
| 2019 | 1,522,531€ | 15 |
| 2020 | 1,416,184€ | 19 |
| 2021 | 1,998,486€ | 20 |
| 2022 | 3,376,191€ | 23 |
| 2023 | 3,995,420€ | 32 |
| 2024 | 4,385,097€ | 35 |
| 2025 (Preliminary) | 5,145,170€ | 38 |
7.0% |
| 361,160€ |
| +67.8% |
| 21,691€ |
| 6.0% |
| 11 |
| 968€ |
| 3 | Zepter03382508 · Podgorica | 5.5% | 281,466€ | +9.3% | 9,529€ | 3.4% | 5 | 684€ |
| 4 | Clover Group03320782 · Budva | 5.4% | 277,620€ | -0.9% | -25,278€ | -9.1% | 2 | 1,755€ |
| 5 | Natural Solution03397726 · Bar | 5.0% | 256,234€ | +239.1% | 12,634€ | 4.9% | 5 | 681€ |
| 6 | Ivex Prom03340104 · Mojkovac | 3.7% | 189,612€ | +26.4% | 1,905€ | 1.0% | 1 | — |
| 7 | Kami02922789 · Podgorica | 1.5% | 79,191€ | -4.9% | 4,094€ | 5.2% | 1 | 795€ |
| 8 | Oganj02795329 · Nikšić | 1.0% | 53,770€ | +12.5% | 2,759€ | 5.1% | 2 | 1,756€ |
| 9 | Unitrade02442973 · Podgorica | 0.9% | 44,399€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 10,595€ | 23.9% | 1 | 1,013€ |
| 10 | W Vending03521214 · Cetinje | 0.8% | 41,916€ | +58.1% | 430€ | 1.0% | 1 | 678€ |
| 11 | Zvijezda 303030466 · Budva | 0.6% | 32,703€ | -20.9% | -2,678€ | -8.2% | 1 | — |
| 12 | Ituba03370062 · Nikšić | 0.6% | 32,160€ | -50.9% | -5,623€ | -17.5% | 1 | 981€ |
| 13 | Ica Big Firma03422054 · Podgorica | 0.5% | 28,256€ | -4.4% | 4,486€ | 15.9% | 1 | 424€ |
| 14 | Fit Tribe03641635 · Herceg Novi | 0.3% | 17,219€ | +116.4% | 858€ | 5.0% | 1 | — |
| 15 | SM Pack Company03645452 · Danilovgrad | 0.3% | 16,830€ | +8.0% | 302€ | 1.8% | 1 | — |
| 16 | Spa Consult02784513 · Budva | 0.3% | 15,308€ | -7.6% | 4,158€ | 27.2% | 1 | 354€ |
| 17 | Alkaon03541975 · Podgorica | 0.2% | 10,632€ | +1,672.0% | -10,746€ | -101.1% | 1 | 922€ |
| 18 | Ivox Limited03446441 · Bar | 0.2% | 8,120€ | +1,060.0% | -140€ | -1.7% | 1 | 675€ |
| 19 | Adriatic Vending03765075 · Budva | 0.1% | 6,438€ | No filing for 2024. | -8,204€ | -127.4% | 2 | 326€ |
| 20 | Kolibri Vega03707776 · Tivat | <0.1% | 4,748€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,762€ | -100.3% | 1 | 680€ |
| 21 | Rosnać03462552 · Herceg Novi | <0.1% | 2,854€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -7,081€ | -248.1% | 1 | 680€ |
| 22 | Bereka03588700 · Herceg Novi | <0.1% | 2,050€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,819€ | -479.0% | 1 | 931€ |
| 23 | T&D Candydreams03746828 · Tivat | <0.1% | 1,524€ | No filing for 2024. | -8,036€ | -527.3% | 1 | — |
| 24 | Kotorske Mačke11075223 · Kotor | <0.1% | 1,218€ | -74.4% | 1,187€ | 97.5% | 0 | — |
| 25 | Fishy Commerce03799123 · Podgorica | <0.1% | 1,200€ | No filing for 2024. | 637€ | 53.1% | 1 | — |
| 26 | Cheap&Chic_mne03686191 · Podgorica | <0.1% | 1,032€ | +144.5% | 42€ | 4.1% | 1 | — |
| 27 | Luki Clean02917947 · Bar | <0.1% | 270€ | -30.6% | -1,994€ | -738.5% | 1 | — |
| 28 | Almedvet03489990 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,169€ | — | 1 | 927€ |
| 29 | Grito02464411 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 0€ | — | — | — |
| 30 | Perfumatic Montenegro03776689 · Budva | 0.0% | 0€ | No filing for 2024. | -1,598€ | — | 1 | — |
| 31 | Raxrom Group03589153 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 0€ | — | — | — |
| 32 | Smarter Innovation03660583 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 0€ | — | — | — |
| 33 | Sunrise Holdings03523683 · Herceg Novi | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,102€ | — | 1 | 675€ |
| 34 | Ya-Ba Group03589218 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 0€ | — | — | — |
| 35 | Iks Marković02953803 · Mojkovac | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -1,856€ | — | 1 | — |
| 36 | Luchiia03058832 · Herceg Novi | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -3,184€ | — | 1 | — |
| 37 | Medgin03518507 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -1,769€ | — | 1 | — |
| 38 | Sumwin03294200 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -10,160€ | — | 2 | 422€ |