Revenue
36.9% of sector revenue
790 companies earned 347.63m€ in 2025, 36.9% of Transport & logistics sector revenue. Revenue has grown 3.1× since 2015.
36.9% of sector revenue
336 with at most one employee
Largest employer: NTC Logistics (146)
Median company 4.6% · 64% profitable
Average per employee, not per company
Revenue in € million (bars) and filing companies (below), 2015–2025
Revenue change vs 2024, companies with at least 1m€ that year
Ranked by total revenue · Showing 451–500 of 790
* 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 8 sole proprietors: natural persons whose statements are shown only in aggregate, never by name. The company count excludes them. How we calculate →
The activity title is the code's title in the KD 2010 classification (NACE Rev. 2), which applies to every year shown. The registry now shows titles from the new classification for the same codes, so titles can differ.
| Year | Revenue | Companies |
|---|---|---|
| 2015 | 112,256,133€ | 346 |
| 2016 | 136,536,966€ | 387 |
| 2017 | 173,262,325€ | 427 |
| 2018 | 217,143,544€ | 470 |
| 2019 | 201,051,273€ | 505 |
| 2020 | 189,741,151€ | 535 |
| 2021 | 230,123,106€ | 575 |
| 2022 | 301,162,196€ | 647 |
| 2023 | 309,947,917€ | 706 |
| 2024 | 337,088,676€ | 766 |
| 2025 (Preliminary) | 347,625,350€ | 790 |
Employees and payroll cost per employee per month*
<0.1% |
| 55,308€ |
| -63.7% |
| 6,697€ |
| 12.1% |
| 2 |
| 710€ |
| 453 | Trans Store03078582 · Podgorica | <0.1% | 55,202€ | -18.4% | 8,462€ | 15.3% | 1 | 929€ |
| 454 | Mušika Prevoz03177122 · Nikšić | <0.1% | 55,053€ | +34.3% | 5,457€ | 9.9% | 1 | 674€ |
| 455 | LP Trans02696070 · Nikšić | <0.1% | 54,680€ | +63.9% | 4,240€ | 7.8% | 4 | 474€ |
| 456 | G4 Tir03739902 · Podgorica | <0.1% | 54,388€ | No filing for 2024. | -2,079€ | -3.8% | 1 | 2,415€ |
| 457 | Keir03112985 · Bar | <0.1% | 54,316€ | +2.1% | 12,107€ | 22.3% | 1 | 885€ |
| 458 | Raden Trans03650464 · Podgorica | <0.1% | 53,930€ | +71.5% | 7,129€ | 13.2% | 1 | 1,174€ |
| 459 | Maste-Promet02121034 · Berane | <0.1% | 53,477€ | +189.7% | 17,540€ | 32.8% | 1 | 681€ |
| 460 | VS - Trans02980789 · Bijelo Polje | <0.1% | 53,459€ | -29.2% | 1,641€ | 3.1% | 2 | 859€ |
| 461 | M.V.Services02982706 · Tivat | <0.1% | 53,195€ | +27.5% | 4,646€ | 8.7% | 2 | 705€ |
| 462 | Montenegro VS Commerce03111024 · Podgorica | <0.1% | 53,150€ | -15.1% | -1,406€ | -2.6% | 1 | 1,363€ |
| 463 | Cargo Connect03660486 · Bijelo Polje | <0.1% | 52,709€ | +114.8% | 449€ | 0.9% | 2 | 679€ |
| 464 | S&L Trans02948184 · Nikšić | <0.1% | 52,497€ | -1.1% | 3,006€ | 5.7% | 1 | 1,715€ |
| 465 | Per Trans03713121 · Zeta | <0.1% | 51,913€ | +5,091.3% | 9,090€ | 17.5% | 1 | 702€ |
| 466 | Kip- Kop Luković02690128 · Bar | <0.1% | 51,734€ | -79.4% | -34,792€ | -67.3% | 3 | 580€ |
| 467 | A.K.-Transport03673189 · Nikšić | <0.1% | 51,289€ | +224.2% | 1,308€ | 2.6% | 2 | 1,277€ |
| 468 | Rapean03205185 · Nikšić | <0.1% | 51,268€ | -1.6% | 2,827€ | 5.5% | 1 | 1,084€ |
| 469 | Miksen Trans03273806 · Podgorica | <0.1% | 50,412€ | -18.6% | -3,140€ | -6.2% | 2 | 1,077€ |
| 470 | Mimajo02971003 · Tivat | <0.1% | 50,210€ | +62.9% | 5,476€ | 10.9% | 2 | 675€ |
| 471 | A-Tim Company03725545 · Podgorica | <0.1% | 50,139€ | No filing for 2024. | 17,857€ | 35.6% | 2 | 456€ |
| 472 | In-Trans02814471 · Ulcinj | <0.1% | 49,932€ | -21.0% | -9,823€ | -19.7% | 1 | 675€ |
| 473 | Transport i Logistika Nisavic03295290 · Bijelo Polje | <0.1% | 49,865€ | -25.6% | -1,578€ | -3.2% | 1 | 1,217€ |
| 474 | Bam Šped03657485 · Rožaje | <0.1% | 49,773€ | +270.6% | -15,074€ | -30.3% | 3 | 1,120€ |
| 475 | Kosović Company03679667 · Tivat | <0.1% | 49,166€ | +49.1% | 4,465€ | 9.1% | 1 | 976€ |
| 476 | Okano Šped03389928 · Bijelo Polje | <0.1% | 48,682€ | +3.1% | 1,029€ | 2.1% | 1 | 565€ |
| 477 | I.Code02893002 · Podgorica | <0.1% | 48,677€ | -32.1% | 2,421€ | 5.0% | 1 | 1,072€ |
| 478 | BB 503408264 · Podgorica | <0.1% | 48,506€ | +2.3% | 13,245€ | 27.3% | 2 | 678€ |
| 479 | V3 Trans03441610 · Bar | <0.1% | 48,246€ | +53.4% | 3,678€ | 7.6% | 1 | 674€ |
| 480 | Kokotović Rad03186237 · Nikšić | <0.1% | 48,210€ | -14.9% | 3,127€ | 6.5% | 1 | 1,012€ |
| 481 | Hesa03341143 · Rožaje | <0.1% | 46,946€ | -35.6% | -13,739€ | -29.3% | 2 | 1,735€ |
| 482 | Šukurica02263068 · Bijelo Polje | <0.1% | 46,832€ | +69.4% | 9,360€ | 20.0% | 1 | 736€ |
| 483 | Džin Transport03588564 · Pljevlja | <0.1% | 46,658€ | +20.8% | -3,807€ | -8.2% | 1 | 3,536€ |
| 484 | Zoran03240657 · Kotor | <0.1% | 46,153€ | -40.9% | -19,038€ | -41.2% | 1 | 677€ |
| 485 | Zeko Trans03490947 · Kotor | <0.1% | 46,147€ | +40.4% | 3,266€ | 7.1% | 1 | 678€ |
| 486 | Damvest02653788 · Bar | <0.1% | 46,119€ | -43.4% | -6,328€ | -13.7% | 3 | 716€ |
| 487 | Radulović Šped03746917 · Nikšić | <0.1% | 45,431€ | No filing for 2024. | 8,168€ | 18.0% | 2 | 708€ |
| 488 | Jevtović02342731 · Bar | <0.1% | 45,224€ | +8.5% | -7,198€ | -15.9% | 4 | 677€ |
| 489 | Ulicom02225875 · Zeta | <0.1% | 45,190€ | +182.8% | 3,226€ | 7.1% | 2 | 729€ |
| 490 | MS - Luke02986361 · Rožaje | <0.1% | 45,064€ | -35.4% | -33,608€ | -74.6% | 5 | 740€ |
| 491 | Ensar Sped03704408 · Podgorica | <0.1% | 45,056€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 2,768€ | 6.1% | 2 | 683€ |
| 492 | Asi R Transport03405605 · Podgorica | <0.1% | 45,049€ | -34.5% | -31,572€ | -70.1% | 1 | 964€ |
| 493 | Rašped03782689 · Herceg Novi | <0.1% | 44,989€ | No filing for 2024. | 2,954€ | 6.6% | 1 | 958€ |
| 494 | Super Line03386309 · Bijelo Polje | <0.1% | 44,615€ | +60.9% | 4,572€ | 10.2% | 2 | 771€ |
| 495 | Collective Transport RR03695964 · Nikšić | <0.1% | 44,500€ | +3,608.3% | -900€ | -2.0% | 1 | 700€ |
| 496 | Mi Šped03111679 · Nikšić | <0.1% | 44,048€ | -47.9% | 2,148€ | 4.9% | 2 | 399€ |
| 497 | Cargo Solutions03564061 · Podgorica | <0.1% | 43,679€ | +161.3% | 9,965€ | 22.8% | 2 | 672€ |
| 498 | MTF - Company02884992 · Pljevlja | <0.1% | 43,496€ | -13.0% | -19,967€ | -45.9% | 3 | 760€ |
| 499 | I.K.Group03692507 · Podgorica | <0.1% | 42,747€ | +7,024.5% | 5,804€ | 13.6% | 2 | — |
| 500 | Čole Trans03655717 · Bijelo Polje | <0.1% | 42,528€ | +121.6% | 7,628€ | 17.9% | 1 | 1,470€ |