Revenue
1.2% of sector revenue
133 companies earned 10.98m€ in 2025, 1.2% of Transport & logistics sector revenue. Revenue has grown 13.4× since 2015.
1.2% of sector revenue
82 with at most one employee
Largest employer: Montenegro Submarine (25)
Median company -13.2% · 30% 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
Employees and payroll cost per employee per month*
Ranked by total revenue · Showing 101–133 of 133
* 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 6 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 | 822,024€ | 23 |
| 2016 | 1,052,520€ | 26 |
| 2017 | 2,016,891€ | 30 |
| 2018 | 2,851,453€ | 34 |
| 2019 | 3,673,247€ | 44 |
| 2020 | 1,602,162€ | 53 |
| 2021 | 2,494,659€ | 57 |
| 2022 | 5,754,378€ | 72 |
| 2023 | 7,115,055€ | 93 |
| 2024 | 8,135,724€ | 113 |
| 2025 (Preliminary) | 10,982,187€ | 133 |
The number of companies jumped most in 2023: from 72 to 93.
0.0% |
| 0€ |
| No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. |
| -8,139€ |
| — |
| 1 |
| 675€ |
| 103 | Delphinus02880857 · Herceg Novi | 0.0% | 0€ | -100.0% | -8,348€ | — | 1 | 680€ |
| 104 | Derin Ufuk03612589 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 0€ | — | — | — |
| 105 | Akessini Marine03710602 · Budva | 0.0% | 0€ | No filing for 2024. | -8,494€ | — | 1 | 657€ |
| 106 | Aquago03766489 · Herceg Novi | 0.0% | 0€ | No filing for 2024. | -4,924€ | — | 1 | 365€ |
| 107 | Blue Magic Tours03797066 · Kotor | 0.0% | 0€ | No filing for 2024. | -1,456€ | — | 1 | — |
| 108 | Boka GO.03806073 · Herceg Novi | 0.0% | 0€ | No filing for 2024. | -382€ | — | 1 | — |
| 109 | Bora Marine Services03057160 · Tivat | 0.0% | 0€ | -100.0% | -12,274€ | — | 1 | 693€ |
| 110 | Busola Boats03748014 · Tivat | 0.0% | 0€ | No filing for 2024. | -5,967€ | — | 1 | 489€ |
| 111 | Chicco Boat Tour03656756 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,103€ | — | 1 | 340€ |
| 112 | Foxport03416186 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -46,028€ | — | 1 | 680€ |
| 113 | Galioti BD03742725 · Budva | 0.0% | 0€ | No filing for 2024. | -1,595€ | — | 1 | — |
| 114 | Golden Sand Tourism03645533 · Kotor | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,101€ | — | 1 | 675€ |
| 115 | Kokel03739899 · Kotor | 0.0% | 0€ | No filing for 2024. | -6,600€ | — | 1 | 550€ |
| 116 | Marinius03798844 · Tivat | 0.0% | 0€ | No filing for 2024. | -1,868€ | — | 1 | — |
| 117 | Osam03229866 · Herceg Novi | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,706€ | — | 1 | 931€ |
| 118 | Polza 2103754898 · Kotor | 0.0% | 0€ | No filing for 2024. | -5,885€ | — | 1 | 445€ |
| 119 | Sidoma03785220 · Tivat | 0.0% | 0€ | No filing for 2024. | -677€ | — | 1 | — |
| 120 | Sirius Boat Tours03724042 · Kotor | 0.0% | 0€ | No filing for 2024. | -9,138€ | — | 1 | — |
| 121 | SMM Management03807223 · Bar | 0.0% | 0€ | No filing for 2024. | -288€ | — | 1 | — |
| 122 | The Seagull03250334 · Kotor | 0.0% | 0€ | -100.0% | -20,205€ | — | 1 | 922€ |
| 123 | White Bird03380203 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,863€ | — | 1 | 670€ |
| 124 | Winner Wave Labone03641627 · Kotor | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -5,057€ | — | 1 | 342€ |
| 125 | Zbem Mne03482421 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -16,335€ | — | 1 | 1,355€ |
| 126 | Memories03681882 · Kotor | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,141€ | — | 1 | 339€ |
| 127 | Seamount03185648 · Kotor | 0.0% | 0€ | -100.0% | -16,953€ | — | 2 | 625€ |
| 128 | Kramag03413721 · Kotor | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -7,776€ | — | 1 | — |
| 129 | Aquaventure02892162 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -10,075€ | — | 1 | 677€ |
| 130 | Edd Marine03622550 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -12,543€ | — | 1 | 929€ |
| 131 | Polar Star Af03160246 · Tivat | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,686€ | — | 1 | — |
| 132 | Rockit Montenegro03534545 · Herceg Novi | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -16,632€ | — | 2 | 678€ |
| 133 | Tria Shipping03497712 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,139€ | — | 1 | 675€ |