Revenue
4.3% of Montenegro's revenue
3,326 companies earned 758.90m€ in 2025, 4.3% of all company revenue in Montenegro. It ranks 4 of 25 municipalities by revenue. Revenue has grown 3.2× since 2015.
4.3% of Montenegro's revenue
72.6 per 1,000 residents · Montenegro 57.3
Largest employer: Kadar Plus (519)
Total profit: 29.89m€
Average per employee, not per company
Revenue in € million (bars) and filing companies (below), 2015–2025
| Year | Revenue | Companies |
|---|---|---|
| 2015 | 239,370,876€ | 1,306 |
| 2016 | 262,228,157€ | 1,380 |
| 2017 | 301,053,489€ | 1,496 |
| 2018 | 333,446,222€ | 1,663 |
| 2019 | 351,884,422€ | 1,831 |
| 2020 | 318,094,388€ | 2,022 |
| 2021 | 391,032,089€ | 2,198 |
| 2022 | 548,447,681€ | 2,694 |
| 2023 | 592,141,198€ | 3,169 |
| 2024 | 674,325,394€ | 3,269 |
| 2025 (Preliminary) | 758,900,352€ | 3,326 |
Companies are assigned to the municipality of their current seat for every year
Growth is measured on the same companies, which filed for both years.
Share of municipal revenue
Share in MontenegroRevenue change vs 2024, companies with at least 1m€ that year
Employees and payroll cost per employee per month*
Ranked by total revenue · Showing 101–150 of 190
* 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 →
| Employees |
|---|
| Payroll cost/emp./mo* |
|---|
| 101 | Braća Dašić02642140 · Transport & logistics | <0.1% | 42,082€ | -11.7% | -5,497€ | -13.1% | 2 | 677€ |
| 102 | Đenčić03398706 · Transport & logistics | <0.1% | 41,502€ | +12.2% | 5,937€ | 14.3% | 1 | 1,042€ |
| 103 | Golden Frog Boat03172341 · Transport & logistics | <0.1% | 40,309€ | +40.0% | 396€ | 1.0% | 4 | 425€ |
| 104 | Anza Monternegro03633012 · Transport & logistics | <0.1% | 38,881€ | +52.0% | 1,399€ | 3.6% | 1 | 1,544€ |
| 105 | Gvozdo03064034 · Transport & logistics | <0.1% | 38,038€ | -10.9% | -641€ | -1.7% | 1 | 980€ |
| 106 | Ilc Montenegro03346897 · Transport & logistics | <0.1% | 34,233€ | +31.4% | -668€ | -2.0% | 1 | 509€ |
| 107 | Sal Logistics03246027 · Transport & logistics | <0.1% | 32,850€ | +29.6% | -6,293€ | -19.2% | 1 | 1,060€ |
| 108 | Brod Milica03252442 · Transport & logistics | <0.1% | 32,198€ | +8.5% | -3,297€ | -10.2% | 2 | 1,057€ |
| 109 | Old Crmnica03565980 · Transport & logistics | <0.1% | 31,191€ | -20.7% | 768€ | 2.5% | 2 | 335€ |
| 110 | Formont02405482 · Transport & logistics | <0.1% | 29,446€ | -27.2% | -3,777€ | -12.8% | 2 | 1,217€ |
| 111 | Pavović Logistic03143686 · Transport & logistics | <0.1% | 29,343€ | +11.5% | 3,050€ | 10.4% | 1 | 677€ |
| 112 | Montetim03112926 · Transport & logistics | <0.1% | 29,223€ | +16.7% | 4,082€ | 14.0% | 2 | 647€ |
| 113 | Špedicija TBM02304686 · Transport & logistics | <0.1% | 28,870€ | -52.8% | 2,117€ | 7.3% | 1 | 682€ |
| 114 | Goodstream03175553 · Transport & logistics | <0.1% | 26,667€ | +37.3% | -10,504€ | -39.4% | 1 | 927€ |
| 115 | Pješačac03258092 · Transport & logistics | <0.1% | 24,675€ | +255.3% | -832€ | -3.4% | 2 | 600€ |
| 116 | V3M Transport03775224 · Transport & logistics | <0.1% | 24,501€ | No filing for 2024. | -682€ | -2.8% | 2 | 493€ |
| 117 | Braća Đurović02692490 · Transport & logistics | <0.1% | 22,390€ | +7.0% | -1,411€ | -6.3% | 3 | 619€ |
| 118 | Monte Frog03371557 · Transport & logistics | <0.1% | 22,067€ | +67.4% | 198€ | 0.9% | 6 | — |
| 119 | MMF Express03245624 · Transport & logistics | <0.1% | 20,578€ | +362.6% | -5,177€ | -25.2% | 3 | 635€ |
| 120 | Cromnet03714446 · Transport & logistics | <0.1% | 18,817€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 3,898€ | 20.7% | 2 | — |
| 121 | Horizon Logistics02002787 · Transport & logistics | <0.1% | 14,879€ | +11.7% | -37,090€ | -249.3% | 1 | 1,133€ |
| 122 | Elite Transfers Montenegro03757102 · Transport & logistics | <0.1% | 14,556€ | No filing for 2024. | 8,466€ | 58.2% | 1 | 412€ |
| 123 | NSK Marine Supply and Service03151816 · Transport & logistics | <0.1% | 13,733€ | -98.7% | -24,351€ | -177.3% | 1 | 1,002€ |
| 124 | Oxana03659712 · Transport & logistics | <0.1% | 13,306€ | +99.3% | -3,683€ | -27.7% | 1 | 675€ |
| 125 | Kiki Vlahović03222691 · Transport & logistics | <0.1% | 12,991€ | -75.1% | -1,460€ | -11.2% | 1 | — |
| 126 | Kiss Plus03116280 · Transport & logistics | <0.1% | 12,600€ | +158.2% | -7,653€ | -60.7% | 1 | 1,015€ |
| 127 | Serpantin-Gruz03474488 · Transport & logistics | <0.1% | 12,291€ | +244.7% | -5,067€ | -41.2% | 2 | 677€ |
| 128 | Ćiro.Co03570720 · Transport & logistics | <0.1% | 11,661€ | -54.5% | 41€ | 0.4% | 1 | 927€ |
| 129 | Vulpis Mne03784819 · Transport & logistics | <0.1% | 10,650€ | No filing for 2024. | -24€ | -0.2% | 1 | — |
| 130 | Djurmani Trans02691752 · Transport & logistics | <0.1% | 8,506€ | -22.3% | -3,429€ | -40.3% | 1 | 675€ |
| 131 | Auto Sim03222071 · Transport & logistics | <0.1% | 8,468€ | +122.8% | 385€ | 4.5% | 1 | 670€ |
| 132 | Worldwide Express Monte03490670 · Transport & logistics | <0.1% | 8,176€ | +125.4% | -460€ | -5.6% | 1 | 677€ |
| 133 | DB Transport03338860 · Transport & logistics | <0.1% | 7,988€ | -52.4% | 336€ | 4.2% | 2 | — |
| 134 | Steži Trans03329992 · Transport & logistics | <0.1% | 7,907€ | +118.5% | -4,629€ | -58.5% | 1 | 339€ |
| 135 | Fordevind03508641 · Transport & logistics | <0.1% | 7,737€ | +1,834.3% | -4,148€ | -53.6% | 1 | 926€ |
| 136 | Malso03685616 · Transport & logistics | <0.1% | 7,500€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -254€ | -3.4% | 1 | 639€ |
| 137 | Hit Plus02663481 · Transport & logistics | <0.1% | 6,576€ | -32.6% | -10,187€ | -154.9% | 5 | — |
| 138 | Via Outdoor03480518 · Transport & logistics | <0.1% | 5,815€ | No filing for 2024. | 1,748€ | 30.1% | 1 | — |
| 139 | Atlant Agent02424509 · Transport & logistics | <0.1% | 5,171€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 2,332€ | 45.1% | 1 | — |
| 140 | Kame Transport03727050 · Transport & logistics | <0.1% | 5,085€ | No filing for 2024. | -14,962€ | -294.2% | 1 | 691€ |
| 141 | Old Bridge-Skadar Lake03454495 · Transport & logistics | <0.1% | 4,850€ | +94.9% | -4,327€ | -89.2% | 2 | — |
| 142 | Melatilde03558436 · Transport & logistics | <0.1% | 4,470€ | +62.3% | 1,140€ | 25.5% | 1 | — |
| 143 | M&R Maritime Broker03434451 · Transport & logistics | <0.1% | 4,040€ | -32.3% | -4,101€ | -101.5% | 1 | 678€ |
| 144 | Adriatic Invest Corporation03532267 · Transport & logistics | <0.1% | 3,930€ | +336.7% | -8,142€ | -207.2% | 1 | 675€ |
| 145 | NS - Vukmanović Cop02688549 · Transport & logistics | <0.1% | 3,269€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 1,235€ | 37.8% | 1 | — |
| 146 | Adriapeak03562522 · Transport & logistics | <0.1% | 2,850€ | -73.2% | -8,331€ | -292.3% | 1 | 925€ |
| 147 | Jedro Virpazar03658040 · Transport & logistics | <0.1% | 1,320€ | -42.4% | -1,200€ | -90.9% | 1 | — |
| 148 | Stefanšped03674037 · Transport & logistics | <0.1% | 1,007€ | -91.0% | -4,725€ | -469.2% | 1 | 338€ |
| 149 | Level Express03780449 · Transport & logistics | <0.1% | 750€ | No filing for 2024. | -3,264€ | -435.2% | 1 | 308€ |
| 150 | Ik Logistics03785688 · Transport & logistics | <0.1% | 417€ | No filing for 2024. | -5,685€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 499€ |