Revenue
8.4% of Montenegro's revenue
1,880 companies earned 1.48b€ in 2025, 8.4% of all company revenue in Montenegro. It ranks 2 of 25 municipalities by revenue. Revenue has grown 2.0× since 2015.
8.4% of Montenegro's revenue
28.6 per 1,000 residents · Montenegro 57.3
Largest employer: Elektroprivreda Crne Gore (1,170)
Total profit: -20.10m€
Average per employee, not per company
Revenue in € million (bars) and filing companies (below), 2015–2025
| Year | Revenue | Companies |
|---|---|---|
| 2015 | 736,967,003€ | 992 |
| 2016 | 733,856,066€ | 1,087 |
| 2017 | 844,204,582€ | 1,146 |
| 2018 | 902,932,275€ | 1,255 |
| 2019 | 933,841,671€ | 1,348 |
| 2020 | 924,882,736€ | 1,443 |
| 2021 | 1,056,901,497€ | 1,559 |
| 2022 | 1,440,432,113€ | 1,644 |
| 2023 | 1,374,002,941€ | 1,697 |
| 2024 | 1,437,089,028€ | 1,810 |
| 2025 (Preliminary) | 1,483,187,027€ | 1,880 |
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 195
* 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 | Vujović Logistics03635066 · Transport & logistics | <0.1% | 83,070€ | +57.4% | 11,306€ | 13.6% | 1 | 1,459€ |
| 102 | Matović Prevoz MP03255697 · Transport & logistics | <0.1% | 78,206€ | -17.5% | -6,440€ | -8.2% | 3 | 857€ |
| 103 | Mil-Kop Travel03576043 · Transport & logistics | <0.1% | 75,250€ | +72.5% | 307€ | 0.4% | 2 | 834€ |
| 104 | 18 Oktobar02065541 · Transport & logistics | <0.1% | 73,881€ | -9.9% | 7,371€ | 10.0% | 1 | 978€ |
| 105 | Ćero Prevoz03551580 · Transport & logistics | <0.1% | 73,154€ | +17.4% | 2,081€ | 2.8% | 3 | 770€ |
| 106 | Mi-Nik Transport03688011 · Transport & logistics | <0.1% | 71,804€ | +454.7% | 4,375€ | 6.1% | 2 | 925€ |
| 107 | Rio Travel03531287 · Transport & logistics | <0.1% | 71,729€ | -63.8% | -9,607€ | -13.4% | 2 | 1,272€ |
| 108 | Pegaz Logistika03183394 · Transport & logistics | <0.1% | 67,600€ | -41.2% | 38,182€ | 56.5% | 1 | 1,489€ |
| 109 | Autoprevoz Butorović02864827 · Transport & logistics | <0.1% | 65,936€ | -7.2% | 9,022€ | 13.7% | 1 | 677€ |
| 110 | Manda Trans03718743 · Transport & logistics | <0.1% | 65,859€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 9,064€ | 13.8% | 1 | 1,220€ |
| 111 | Helly Logistics03512100 · Transport & logistics | <0.1% | 63,767€ | +12.6% | 563€ | 0.9% | 2 | 863€ |
| 112 | Nikrad03542025 · Transport & logistics | <0.1% | 61,966€ | +40.6% | 4,391€ | 7.1% | 4 | 514€ |
| 113 | Radulović Transport03634132 · Transport & logistics | <0.1% | 58,846€ | +480.5% | 3,774€ | 6.4% | 2 | 1,175€ |
| 114 | Spina03095509 · Transport & logistics | <0.1% | 58,393€ | +14.4% | 4,959€ | 8.5% | 1 | 1,070€ |
| 115 | Bojović Prevoz03285561 · Transport & logistics | <0.1% | 57,427€ | -3.6% | -10,763€ | -18.7% | 2 | 928€ |
| 116 | Busšped02217503 · Transport & logistics | <0.1% | 56,332€ | -10.9% | -18,485€ | -32.8% | 2 | 678€ |
| 117 | Mušika Prevoz03177122 · Transport & logistics | <0.1% | 55,053€ | +34.3% | 5,457€ | 9.9% | 1 | 674€ |
| 118 | LP Trans02696070 · Transport & logistics | <0.1% | 54,680€ | +63.9% | 4,240€ | 7.8% | 4 | 474€ |
| 119 | Techno Future03394433 · Transport & logistics | <0.1% | 52,827€ | +38.3% | 27,398€ | 51.9% | 1 | 667€ |
| 120 | S&L Trans02948184 · Transport & logistics | <0.1% | 52,497€ | -1.1% | 3,006€ | 5.7% | 1 | 1,715€ |
| 121 | A.K.-Transport03673189 · Transport & logistics | <0.1% | 51,289€ | +224.2% | 1,308€ | 2.6% | 2 | 1,277€ |
| 122 | Rapean03205185 · Transport & logistics | <0.1% | 51,268€ | -1.6% | 2,827€ | 5.5% | 1 | 1,084€ |
| 123 | Kokotović Rad03186237 · Transport & logistics | <0.1% | 48,210€ | -14.9% | 3,127€ | 6.5% | 1 | 1,012€ |
| 124 | Biljana02776979 · Transport & logistics | <0.1% | 46,204€ | +14.1% | 5,536€ | 12.0% | 2 | 1,107€ |
| 125 | Dumnić02777258 · Transport & logistics | <0.1% | 45,631€ | +10.5% | 5,761€ | 12.6% | 1 | 2,272€ |
| 126 | Radulović Šped03746917 · Transport & logistics | <0.1% | 45,431€ | No filing for 2024. | 8,168€ | 18.0% | 2 | 708€ |
| 127 | Collective Transport RR03695964 · Transport & logistics | <0.1% | 44,500€ | +3,608.3% | -900€ | -2.0% | 1 | 700€ |
| 128 | Mi Šped03111679 · Transport & logistics | <0.1% | 44,048€ | -47.9% | 2,148€ | 4.9% | 2 | 399€ |
| 129 | Mile - Trans03110117 · Transport & logistics | <0.1% | 42,276€ | -18.2% | 1,845€ | 4.4% | 2 | 423€ |
| 130 | G - Taxi03051412 · Transport & logistics | <0.1% | 40,434€ | +28.2% | -260€ | -0.6% | 3 | 561€ |
| 131 | Labud Transport03118231 · Transport & logistics | <0.1% | 39,318€ | +36.6% | -1,364€ | -3.5% | 2 | 855€ |
| 132 | Nik-Trans02802660 · Transport & logistics | <0.1% | 38,496€ | +36.7% | 800€ | 2.1% | 2 | 506€ |
| 133 | NS Transport03308421 · Transport & logistics | <0.1% | 37,683€ | +11.9% | 3,782€ | 10.0% | 1 | 674€ |
| 134 | Plan D03292711 · Transport & logistics | <0.1% | 37,577€ | -0.9% | -4,730€ | -12.6% | 1 | 1,311€ |
| 135 | Zimpex02067501 · Transport & logistics | <0.1% | 37,058€ | +1.2% | 3,836€ | 10.4% | 1 | 2,197€ |
| 136 | Rai-Trans03710157 · Transport & logistics | <0.1% | 35,984€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,283€ | -25.8% | 2 | 649€ |
| 137 | Volkswagen Club Nikšić03257410 · Transport & logistics | <0.1% | 35,840€ | +70.3% | 2,048€ | 5.7% | 1 | 1,021€ |
| 138 | Piva Trans03695468 · Transport & logistics | <0.1% | 35,327€ | +7,154.0% | 10,744€ | 30.4% | 1 | 675€ |
| 139 | Express Trans03482804 · Transport & logistics | <0.1% | 34,847€ | -46.6% | -7,727€ | -22.2% | 2 | 675€ |
| 140 | Vujović GMT03075265 · Transport & logistics | <0.1% | 34,554€ | -7.8% | 2,207€ | 6.4% | 1 | 924€ |
| 141 | L-Prom03622436 · Transport & logistics | <0.1% | 33,977€ | +96.0% | 14,470€ | 42.6% | 1 | 352€ |
| 142 | Miličić Trans03757501 · Transport & logistics | <0.1% | 33,463€ | No filing for 2024. | 3,772€ | 11.3% | 1 | 426€ |
| 143 | Courier X03518469 · Transport & logistics | <0.1% | 33,165€ | -48.5% | -9,289€ | -28.0% | 1 | 1,535€ |
| 144 | Una Company03276732 · Transport & logistics | <0.1% | 33,140€ | -83.2% | -12,933€ | -39.0% | 1 | — |
| 145 | Tomić Trans03699196 · Transport & logistics | <0.1% | 31,540€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -3,240€ | -10.3% | 1 | 1,107€ |
| 146 | BJ Živković03481930 · Transport & logistics | <0.1% | 25,257€ | -62.7% | -28,089€ | -111.2% | 2 | 834€ |
| 147 | LB Logistic03445127 · Transport & logistics | <0.1% | 23,036€ | -30.4% | -17,736€ | -77.0% | 2 | 819€ |
| 148 | Road King03467708 · Transport & logistics | <0.1% | 22,418€ | +10.8% | 4,644€ | 20.7% | 1 | 562€ |
| 149 | Sarić Transport02889528 · Transport & logistics | <0.1% | 19,470€ | -44.6% | -9,472€ | -48.6% | 1 | 1,353€ |
| 150 | M&V Trans03167020 · Transport & logistics | <0.1% | 18,125€ | -48.7% | -13,895€ | -76.7% | 4 | 438€ |