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 401–450 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* |
|---|
| 401 | Safe Trans Mne03174077 · Danilovgrad | <0.1% | 272,969€ | +12.0% | 41,910€ | 15.4% | 4 | 1,080€ |
| 402 | Avg Autopro02822172 · Budva | <0.1% | 270,936€ | +36.2% | 26,741€ | 9.9% | 10 | 542€ |
| 403 | Transmont03406296 · Tivat | <0.1% | 270,933€ | +88.6% | 5,820€ | 2.1% | 8 | 681€ |
| 404 | Leader Šped02946530 · Podgorica | <0.1% | 269,020€ | -8.6% | 10,046€ | 3.7% | 4 | 1,554€ |
| 405 | Medil Trans02740273 · Podgorica | <0.1% | 268,031€ | -7.2% | 71,460€ | 26.7% | 2 | 646€ |
| 406 | KLS02820544 · Budva | <0.1% | 267,446€ | +1.1% | -26,127€ | -9.8% | 12 | 535€ |
| 407 | Adriatic Superyacht03170667 · Bar | <0.1% | 267,220€ | +544.1% | 139,872€ | 52.3% | 2 | 993€ |
| 408 | NK Trans Montenegro03334244 · Podgorica | <0.1% | 267,048€ | -14.7% | 7,043€ | 2.6% | 4 | 2,150€ |
| 409 | Ideal Travel03078396 · Ulcinj | <0.1% | 266,096€ | +74.4% | 85,590€ | 32.2% | 5 | 931€ |
| 410 | Vejnović02913291 · Budva | <0.1% | 265,891€ | +15.5% | 11,930€ | 4.5% | 8 | 953€ |
| 411 | H&B Trans03070166 · Rožaje | <0.1% | 265,091€ | +17.8% | 33,343€ | 12.6% | 6 | 1,151€ |
| 412 | Tehno Kop - M03070140 · Podgorica | <0.1% | 262,486€ | -28.5% | 41,657€ | 15.9% | 3 | 592€ |
| 413 | Ortak02915685 · Berane | <0.1% | 262,213€ | -3.3% | 17,114€ | 6.5% | 4 | 2,428€ |
| 414 | Frog - Mont02677768 · Podgorica | <0.1% | 261,908€ | +4.0% | -35,294€ | -13.5% | 30 | 521€ |
| 415 | Sos Manex02412918 · Herceg Novi | <0.1% | 260,167€ | +31.0% | 58,786€ | 22.6% | 12 | 717€ |
| 416 | Trans Cargo02961377 · Bar | <0.1% | 259,995€ | +71.1% | 12,868€ | 4.9% | 2 | 1,587€ |
| 417 | Kotor Vip Boat03333400 · Kotor | <0.1% | 257,809€ | +19.6% | 3,490€ | 1.4% | 7 | 689€ |
| 418 | Expert Team03168166 · Bijelo Polje | <0.1% | 255,303€ | +24.3% | 41,957€ | 16.4% | 6 | 938€ |
| 419 | I & i02688247 · Rožaje | <0.1% | 255,002€ | +0.4% | 6,384€ | 2.5% | 2 | 2,047€ |
| 420 | Tehnošped02694956 · Podgorica | <0.1% | 254,755€ | +31.6% | 72,136€ | 28.3% | 3 | 1,517€ |
| 421 | VDS03095444 · Podgorica | <0.1% | 253,281€ | -10.9% | -32,145€ | -12.7% | 5 | 566€ |
| 422 | T.B. Infinity02418533 · Ulcinj | <0.1% | 252,783€ | +31.4% | 28,298€ | 11.2% | 12 | 882€ |
| 423 | Adriatic Šped02699427 · Tivat | <0.1% | 252,758€ | +16.4% | 17,086€ | 6.8% | 5 | 930€ |
| 424 | Transservis02408805 · Podgorica | <0.1% | 252,396€ | -29.9% | 2,455€ | 1.0% | 3 | 793€ |
| 425 | First Travel Montenegro03187497 · Podgorica | <0.1% | 252,307€ | -46.0% | 8,271€ | 3.3% | 4 | 1,745€ |
| 426 | LV Logistika03686574 · Podgorica | <0.1% | 252,106€ | +595.8% | 5,383€ | 2.1% | 2 | 764€ |
| 427 | Montenegro Logistics03292509 · Tuzi | <0.1% | 251,202€ | -34.3% | 27,788€ | 11.1% | 3 | 1,004€ |
| 428 | En Šped03110346 · Rožaje | <0.1% | 250,948€ | +43.8% | 35,008€ | 14.0% | 3 | 1,981€ |
| 429 | Transagent02093316 · Bar | <0.1% | 249,844€ | -55.8% | 1,674€ | 0.7% | 2 | 1,762€ |
| 430 | Winners & Co02787547 · Podgorica | <0.1% | 247,876€ | +3.0% | 10,992€ | 4.4% | 3 | 719€ |
| 431 | Verbum03349250 · Zeta | <0.1% | 247,515€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 61,661€ | 24.9% | 2 | 897€ |
| 432 | Matmat Pejovic03416194 · Danilovgrad | <0.1% | 246,309€ | +41.4% | 69,024€ | 28.0% | 3 | 563€ |
| 433 | Pregon03507246 · Podgorica | <0.1% | 246,014€ | +24.9% | 9,002€ | 3.7% | 5 | 896€ |
| 434 | Batbojana02419874 · Cetinje | <0.1% | 245,383€ | -82.9% | 12,336€ | 5.0% | 2 | 775€ |
| 435 | Meli Maritime03699986 · Podgorica | <0.1% | 244,483€ | No filing for 2024. | 178,648€ | 73.1% | 1 | 3,379€ |
| 436 | Home Trade Transport03253228 · Podgorica | <0.1% | 244,274€ | -7.3% | 5,876€ | 2.4% | 5 | 1,780€ |
| 437 | Ananas Express Crna Gora03647099 · Podgorica | <0.1% | 243,268€ | +1,032.7% | -17,253€ | -7.1% | 1 | 958€ |
| 438 | Boka Limited03454975 · Herceg Novi | <0.1% | 242,993€ | +45.7% | 22,417€ | 9.2% | 2 | 493€ |
| 439 | Target Express03656098 · Podgorica | <0.1% | 242,181€ | +816.3% | 12,947€ | 5.3% | 11 | 1,148€ |
| 440 | Cerovo - Invest03210910 · Bar | <0.1% | 241,684€ | -27.2% | 18,478€ | 7.6% | 7 | 1,530€ |
| 441 | Mondial Explorer02684446 · Bar | <0.1% | 240,873€ | +3.3% | 35,043€ | 14.5% | 6 | 1,084€ |
| 442 | Vuk BG03581390 · Zeta | <0.1% | 239,365€ | +281.0% | 3,308€ | 1.4% | 11 | 858€ |
| 443 | Brajović M&L03030504 · Podgorica | <0.1% | 238,650€ | +17.2% | 38,509€ | 16.1% | 3 | 991€ |
| 444 | Lift Trans02952513 · Podgorica | <0.1% | 236,706€ | -13.0% | 13,959€ | 5.9% | 4 | 1,034€ |
| 445 | Lotours02704943 · Bar | <0.1% | 235,951€ | +19.8% | 17,664€ | 7.5% | 5 | 1,081€ |
| 446 | Rauš - Šped02883058 · Berane | <0.1% | 235,303€ | -31.0% | 16,526€ | 7.0% | 3 | 683€ |
| 447 | Polar MZ03633799 · Podgorica | <0.1% | 235,254€ | +88.4% | 58,012€ | 24.7% | 4 | 669€ |
| 448 | Ž Trans03208729 · Podgorica | <0.1% | 234,507€ | +44.5% | 30,485€ | 13.0% | 2 | 1,470€ |
| 449 | Hacunamatata02930331 · Budva | <0.1% | 233,989€ | +21.9% | -492€ | -0.2% | 8 | 779€ |
| 450 | Danilović Auto03330311 · Pljevlja | <0.1% | 233,931€ | +113.0% | 438€ | 0.2% | 5 | 734€ |