Revenue
10.7% of sector revenue
192 companies earned 100.97m€ in 2025, 10.7% of Transport & logistics sector revenue. Revenue has grown 2.2× since 2015.
10.7% of sector revenue
75 with at most one employee
Largest employer: Milšped Montenegro (120)
Median company 3.4% · 65% 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 101–150 of 192
* 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 →
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 | 46,921,285€ | 107 |
| 2016 | 53,253,099€ | 117 |
| 2017 | 57,516,575€ | 122 |
| 2018 | 58,003,343€ | 131 |
| 2019 | 61,336,790€ | 134 |
| 2020 | 44,350,091€ | 134 |
| 2021 | 63,780,237€ | 150 |
| 2022 | 89,723,504€ | 171 |
| 2023 | 93,261,703€ | 185 |
| 2024 | 98,030,516€ | 196 |
| 2025 (Preliminary) | 100,965,112€ | 192 |
Employees and payroll cost per employee per month*
<0.1% |
| 90,404€ |
| -22.9% |
| 18,413€ |
| 20.4% |
| 3 |
| 1,730€ |
| 103 | Activ-Plan03572366 · Bar | <0.1% | 87,359€ | +32.9% | 51,643€ | 59.1% | 1 | 1,098€ |
| 104 | Remonttrans Mne03347249 · Podgorica | <0.1% | 85,614€ | +229.3% | 114€ | 0.1% | 2 | 2,219€ |
| 105 | Ingal02685230 · Podgorica | <0.1% | 85,421€ | +30.7% | 12,908€ | 15.1% | 3 | 691€ |
| 106 | MD Šped03021157 · Bar | <0.1% | 81,955€ | +87.2% | -4,812€ | -5.9% | 4 | 602€ |
| 107 | Globalšped03517748 · Podgorica | <0.1% | 80,303€ | -7.2% | 6,094€ | 7.6% | 3 | 845€ |
| 108 | Taal02400995 · Podgorica | <0.1% | 80,113€ | +5.3% | 1,251€ | 1.6% | 2 | 1,384€ |
| 109 | GPS Navimport02104512 · Herceg Novi | <0.1% | 76,898€ | -78.4% | -125,387€ | -163.1% | 3 | 526€ |
| 110 | Limšped02121476 · Bijelo Polje | <0.1% | 76,498€ | +22.8% | 6,057€ | 7.9% | 6 | 809€ |
| 111 | Marine Shore Assistance02990466 · Tivat | <0.1% | 76,429€ | +76.1% | 11,473€ | 15.0% | 2 | 621€ |
| 112 | Maximo Logistics03179435 · Podgorica | <0.1% | 76,181€ | +20.0% | 1,795€ | 2.4% | 1 | 697€ |
| 113 | Monte Logistics02970805 · Podgorica | <0.1% | 69,186€ | -30.5% | 5,090€ | 7.4% | 1 | 1,884€ |
| 114 | Vujačić Auto Centar V&M03412644 · Podgorica | <0.1% | 67,215€ | +51.4% | 24,549€ | 36.5% | 3 | 844€ |
| 115 | Tanišped02330458 · Podgorica | <0.1% | 66,410€ | +2.1% | 1,788€ | 2.7% | 2 | 868€ |
| 116 | Interšped02122499 · Podgorica | <0.1% | 57,174€ | +6.8% | -4,503€ | -7.9% | 3 | 889€ |
| 117 | Starcom03124118 · Podgorica | <0.1% | 57,104€ | -72.3% | -8,560€ | -15.0% | 2 | 993€ |
| 118 | SM Fenix02767465 · Tivat | <0.1% | 56,845€ | +46.7% | -18,182€ | -32.0% | 2 | 994€ |
| 119 | Mondocarina03403190 · Bar | <0.1% | 55,625€ | -0.9% | 1,806€ | 3.2% | 1 | 1,846€ |
| 120 | Us Top Car03272583 · Podgorica | <0.1% | 54,767€ | +13.2% | 719€ | 1.3% | 2 | 669€ |
| 121 | Pavlov Com03516725 · Bar | <0.1% | 53,225€ | -40.7% | -12,275€ | -23.1% | 2 | 423€ |
| 122 | Pežami02119285 · Podgorica | <0.1% | 51,000€ | +142.9% | -2,219€ | -4.4% | 2 | 1,198€ |
| 123 | Atlantšped02053284 · Bar | <0.1% | 49,982€ | -4.3% | 998€ | 2.0% | 2 | — |
| 124 | Koloseum02105233 · Bar | <0.1% | 49,457€ | -11.3% | 5,831€ | 11.8% | 2 | 678€ |
| 125 | Adriatic Yachting Services02847973 · Budva | <0.1% | 49,155€ | -51.8% | -113,853€ | -231.6% | 4 | 1,079€ |
| 126 | Mbe Montenegro03636461 · Podgorica | <0.1% | 44,579€ | +51.0% | -16,241€ | -36.4% | 1 | 1,690€ |
| 127 | Montenegro Travel and Transport Services03430901 · Podgorica | <0.1% | 44,400€ | +78.2% | 1,883€ | 4.2% | 3 | 829€ |
| 128 | Dubak Capital Group03344410 · Podgorica | <0.1% | 43,590€ | -33.1% | 1,951€ | 4.5% | 5 | 631€ |
| 129 | Anza Monternegro03633012 · Bar | <0.1% | 38,881€ | +52.0% | 1,399€ | 3.6% | 1 | 1,544€ |
| 130 | Zimpex02067501 · Nikšić | <0.1% | 37,058€ | +1.2% | 3,836€ | 10.4% | 1 | 2,197€ |
| 131 | Me-Sa International COO.03720128 · Podgorica | <0.1% | 36,051€ | No filing for 2024. | -2,697€ | -7.5% | 1 | 522€ |
| 132 | Ilc Montenegro03346897 · Bar | <0.1% | 34,233€ | +31.4% | -668€ | -2.0% | 1 | 509€ |
| 133 | Agrospedex03786889 · Danilovgrad | <0.1% | 33,814€ | No filing for 2024. | 7,004€ | 20.7% | 1 | 2,121€ |
| 134 | Sal Logistics03246027 · Bar | <0.1% | 32,850€ | +29.6% | -6,293€ | -19.2% | 1 | 1,060€ |
| 135 | S Maximo Logistika03263703 · Podgorica | <0.1% | 30,314€ | -90.9% | -1,544€ | -5.1% | 1 | 327€ |
| 136 | Formont02405482 · Bar | <0.1% | 29,446€ | -27.2% | -3,777€ | -12.8% | 2 | 1,217€ |
| 137 | Špedicija TBM02304686 · Bar | <0.1% | 28,870€ | -52.8% | 2,117€ | 7.3% | 1 | 682€ |
| 138 | Via Šped03764087 · Podgorica | <0.1% | 25,798€ | No filing for 2024. | 5,626€ | 21.8% | 1 | 1,108€ |
| 139 | 222203669912 · Bijelo Polje | <0.1% | 24,000€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 15,073€ | 62.8% | 1 | 678€ |
| 140 | Boka Šped02381303 · Kotor | <0.1% | 23,627€ | +29.9% | -2,803€ | -11.9% | 1 | 1,192€ |
| 141 | Partner Montenegro02827743 · Podgorica | <0.1% | 21,183€ | +47.1% | 1,486€ | 7.0% | 1 | — |
| 142 | MD Unique03467619 · Berane | <0.1% | 20,378€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 1,300€ | 6.4% | 1 | 1,187€ |
| 143 | South-East Asian Company03382761 · Tivat | <0.1% | 20,160€ | +3,100.0% | 10,465€ | 51.9% | 1 | 509€ |
| 144 | Anadolija Transport03786048 · Podgorica | <0.1% | 19,765€ | No filing for 2024. | 863€ | 4.4% | 1 | — |
| 145 | Mala Mo03422623 · Podgorica | <0.1% | 18,375€ | +0.5% | 2,901€ | 15.8% | 2 | 338€ |
| 146 | Sawgrass Shipping03394999 · Herceg Novi | <0.1% | 17,500€ | -57.6% | 2,362€ | 13.5% | 1 | 696€ |
| 147 | Panšped03772403 · Berane | <0.1% | 14,298€ | No filing for 2024. | 5,108€ | 35.7% | 2 | — |
| 148 | Šanović Company03408736 · Zeta | <0.1% | 13,410€ | -69.5% | -2,286€ | -17.0% | 2 | 414€ |
| 149 | Aleoka03582710 · Tivat | <0.1% | 13,400€ | +34.0% | -1,753€ | -13.1% | 1 | 710€ |
| 150 | Sion Sion-Grup02458535 · Budva | <0.1% | 11,725€ | +38.8% | 0€ | 0.0% | 1 | 675€ |