My Master's thesis deals with the problems of flow compression in network devices. Its outcome should alleviate memory consumption of the flows and simplify the processing of network traffic. As an introduction I provide a description of protocols serving for data storage and manipulation, followed by discussion about possibilities of compression methods that are employed nowadays. In the following part there is an in-depth analysis of source data that shows the structure and composition of the data and brings up useful observations, which are later used in the testing  of existing compression methods, as well as about their potential and utilization in flow compression. Later on, I venture into the field of lossy compression and basing on the test results a new approach is described, created by means of flow clustering and their subsequent lossy compression. The conclusion contains an evaluation of the possibilities of the method and the final summary of the thesis along with various suggestions for further development of the research.