Revenue
5.3% of Montenegro's revenue
1,885 companies earned 942.99m€ in 2025, 5.3% of all company revenue in Montenegro. It ranks 5 of 18 sectors by revenue. Revenue has grown 2.3× since 2015.
5.3% of Montenegro's revenue
847 with at most one employee
Largest employer: Pošta Crne Gore (1,253)
Total profit: 33.33m€
Average per employee, not per company
Revenue in € million (bars) and filing companies (below), 2015–2025
| Year | Revenue | Companies |
|---|---|---|
| 2015 | 405,089,365€ | 857 |
| 2016 | 454,310,643€ | 929 |
| 2017 | 510,265,203€ | 1,008 |
| 2018 | 581,108,490€ | 1,118 |
| 2019 | 575,874,972€ | 1,193 |
| 2020 | 396,748,965€ | 1,261 |
| 2021 | 520,336,463€ | 1,354 |
| 2022 | 719,463,602€ | 1,482 |
| 2023 | 810,988,759€ | 1,653 |
| 2024 | 845,939,071€ | 1,823 |
| 2025 (Preliminary) | 942,990,861€ | 1,885 |
Growth is measured on the same companies, which filed for both years.
Share of the sector's revenue
Revenue change vs 2024, companies with at least 1m€ that year
Employees and payroll cost per employee per month*
Ranked by total revenue · Showing 151–200 of 1,885
* 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 38 sole proprietors: natural persons whose statements are shown only in aggregate, never by name. The company count excludes them. How we calculate →
| Employees |
|---|
| Payroll cost/emp./mo* |
|---|
| 151 | Transport Bajović03338606 · Nikšić | <0.1% | 937,182€ | -29.4% | 93,672€ | 10.0% | 14 | 1,241€ |
| 152 | River Montenegro03163113 · Podgorica | <0.1% | 933,876€ | +9.6% | -24,631€ | -2.6% | 1 | 1,362€ |
| 153 | Formia02756366 · Podgorica | <0.1% | 932,635€ | -1.1% | 10,659€ | 1.1% | 7 | 1,652€ |
| 154 | D - Trans02916274 · Cetinje | <0.1% | 923,636€ | +79.8% | 137,005€ | 14.8% | 8 | 1,204€ |
| 155 | Euroexpres03182053 · Pljevlja | <0.1% | 915,070€ | -15.9% | 23,256€ | 2.5% | 7 | 1,104€ |
| 156 | DM-Lux Taxi03001148 · Nikšić | <0.1% | 914,706€ | +13.7% | 58,137€ | 6.4% | 33 | 761€ |
| 157 | LB Transportation Services03543331 · Tivat | <0.1% | 914,006€ | +10.5% | 80,578€ | 8.8% | 18 | 1,882€ |
| 158 | Jadran Ekspres02873192 · Kotor | <0.1% | 911,734€ | -15.0% | -51,831€ | -5.7% | 19 | 1,258€ |
| 159 | Old Town Travel03020452 · Kotor | <0.1% | 897,883€ | +10.0% | 8,073€ | 0.9% | 21 | 1,120€ |
| 160 | Montenegro Cruising02447525 · Budva | <0.1% | 897,257€ | -1.7% | 118,092€ | 13.2% | 8 | 4,295€ |
| 161 | Đir Taxi02666600 · Kotor | <0.1% | 895,481€ | +5.4% | 26,135€ | 2.9% | 27 | 640€ |
| 162 | Curanović Trans02692503 · Bar | <0.1% | 893,040€ | -15.0% | 3,675€ | 0.4% | 5 | 697€ |
| 163 | Gardašević02398052 · Nikšić | <0.1% | 889,373€ | +8.1% | 44,659€ | 5.0% | 18 | 585€ |
| 164 | Ozlem02310074 · Podgorica | <0.1% | 885,311€ | -0.2% | 17,015€ | 1.9% | 13 | 693€ |
| 165 | Felixtrans03161145 · Podgorica | <0.1% | 882,644€ | -15.0% | 9,704€ | 1.1% | 6 | 2,032€ |
| 166 | Parking Servis03136094 · Tivat | <0.1% | 876,916€ | +5.8% | 14,809€ | 1.7% | 33 | 1,295€ |
| 167 | World Trade Services03125190 · Bar | <0.1% | 876,653€ | -10.2% | 164,924€ | 18.8% | 4 | 330€ |
| 168 | Magud Travel02917106 · Budva | <0.1% | 869,842€ | +34.2% | 77,243€ | 8.9% | 15 | 1,411€ |
| 169 | SKY-Jumper-Travel02971500 · Tivat | <0.1% | 852,510€ | -8.1% | 34,901€ | 4.1% | 8 | 1,115€ |
| 170 | MDL Mne03208354 · Herceg Novi | <0.1% | 822,720€ | -12.5% | 65,221€ | 7.9% | 15 | 1,416€ |
| 171 | Glušica02193191 · Nikšić | <0.1% | 821,701€ | +4.3% | 114,169€ | 13.9% | 18 | 798€ |
| 172 | Lima B03005038 · Nikšić | <0.1% | 820,786€ | +34.3% | 19,127€ | 2.3% | 40 | 765€ |
| 173 | Jelena-Promet TT03040534 · Pljevlja | <0.1% | 820,057€ | +1.8% | 86,518€ | 10.6% | 8 | 1,605€ |
| 174 | Ripšped02188376 · Bar | <0.1% | 814,744€ | -36.1% | 47,994€ | 5.9% | 19 | 928€ |
| 175 | Transedoo03642950 · Tuzi | <0.1% | 809,746€ | +90.9% | 41,150€ | 5.1% | 2 | 3,996€ |
| 176 | Pozitiva Mne03576639 · Budva | <0.1% | 808,891€ | +85.2% | 7,280€ | 0.9% | 9 | 3,298€ |
| 177 | Emax03008665 · Bijelo Polje | <0.1% | 808,862€ | -5.9% | 30,762€ | 3.8% | 3 | 1,596€ |
| 178 | Dado Commerce02443716 · Podgorica | <0.1% | 808,431€ | +14.0% | 58,613€ | 7.3% | 16 | 1,135€ |
| 179 | Mićanović Company02664917 · Tivat | <0.1% | 795,112€ | +33.6% | 100,808€ | 12.7% | 6 | 1,009€ |
| 180 | Loyal02770873 · Nikšić | <0.1% | 787,046€ | -2.8% | 87,064€ | 11.1% | 4 | 2,199€ |
| 181 | Eco 202403672085 · Nikšić | <0.1% | 786,794€ | +593.6% | 11,367€ | 1.4% | 25 | 435€ |
| 182 | Zeta Car02894734 · Zeta | <0.1% | 784,576€ | +16.8% | 3,976€ | 0.5% | 20 | 903€ |
| 183 | DM Yachting03038076 · Kotor | <0.1% | 782,843€ | +20.9% | 65,815€ | 8.4% | 2 | 3,977€ |
| 184 | Trans Master03364330 · Danilovgrad | <0.1% | 782,637€ | +72.0% | 53,670€ | 6.9% | 8 | 2,152€ |
| 185 | MM-Comerce02904799 · Zeta | <0.1% | 780,641€ | +7.2% | 44,430€ | 5.7% | 5 | 2,301€ |
| 186 | Lemid02860716 · Podgorica | <0.1% | 776,205€ | +3.2% | 50,458€ | 6.5% | 4 | 3,212€ |
| 187 | Vukčević-Kop02376997 · Podgorica | <0.1% | 771,790€ | +3.4% | 179,997€ | 23.3% | 10 | 707€ |
| 188 | Eurošped Co02321327 · Podgorica | <0.1% | 769,618€ | -9.0% | 2,999€ | 0.4% | 11 | 1,107€ |
| 189 | Mib Export02069482 · Nikšić | <0.1% | 767,122€ | +16.9% | 11,061€ | 1.4% | 7 | 1,393€ |
| 190 | Cool Comerce02431335 · Budva | <0.1% | 759,255€ | -35.8% | 7,728€ | 1.0% | 11 | 745€ |
| 191 | DRM Maritime Services02619458 · Kotor | <0.1% | 759,090€ | +19.9% | 12,700€ | 1.7% | 2 | 1,942€ |
| 192 | Delamode Montenegro03689450 · Podgorica | <0.1% | 758,117€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -47,369€ | -6.2% | 4 | 1,293€ |
| 193 | Transport Baćović03277518 · Nikšić | <0.1% | 751,939€ | -22.1% | 42,000€ | 5.6% | 15 | 624€ |
| 194 | Čole Company02819198 · Bijelo Polje | <0.1% | 750,016€ | -27.2% | 24,974€ | 3.3% | 8 | 751€ |
| 195 | DR Cargo Logistics02964945 · Podgorica | <0.1% | 749,305€ | -3.8% | 72,536€ | 9.7% | 6 | 793€ |
| 196 | PG Šped03166791 · Podgorica | <0.1% | 746,877€ | -5.8% | -40,406€ | -5.4% | 12 | 1,214€ |
| 197 | Žuti Taxi03303942 · Podgorica | <0.1% | 745,094€ | +65.0% | 76,635€ | 10.3% | 32 | 763€ |
| 198 | Montespeed02397021 · Tivat | <0.1% | 744,929€ | +1.6% | 25,460€ | 3.4% | 13 | 1,413€ |
| 199 | Unitrans02920026 · Podgorica | <0.1% | 743,712€ | +28.4% | 113,295€ | 15.2% | 4 | 1,323€ |
| 200 | Time 2 Travel03707253 · Podgorica | <0.1% | 729,030€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 2,643€ | 0.4% | 1 | 584€ |