Revenue
55.0% of Montenegro's revenue
12,148 companies earned 9.71b€ in 2025, 55.0% of all company revenue in Montenegro. It ranks 1 of 25 municipalities by revenue. Revenue has grown 2.7× since 2015.
55.0% of Montenegro's revenue
67.7 per 1,000 residents · Montenegro 57.3
Largest employer: Idea - CG (2,426)
Total profit: 748.64m€
Average per employee, not per company
Revenue in € million (bars) and filing companies (below), 2015–2025
| Year | Revenue | Companies |
|---|---|---|
| 2015 | 3,587,068,765€ | 5,044 |
| 2016 | 4,096,949,470€ | 5,487 |
| 2017 | 4,709,755,484€ | 6,109 |
| 2018 | 5,118,600,583€ | 6,927 |
| 2019 | 5,323,922,814€ | 7,518 |
| 2020 | 4,709,522,069€ | 8,027 |
| 2021 | 5,608,587,707€ | 8,567 |
| 2022 | 6,799,397,294€ | 9,638 |
| 2023 | 8,203,771,212€ | 11,057 |
| 2024 | 8,801,908,063€ | 11,952 |
| 2025 (Preliminary) | 9,708,565,989€ | 12,148 |
Companies are assigned to the municipality of their current seat for every year
Growth is measured on the same companies, which filed for both years.
Share of municipal revenue
Share in MontenegroRevenue change vs 2024, companies with at least 1m€ that year
Employees and payroll cost per employee per month*
Ranked by total revenue · Showing 51–100 of 486
* 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 →
| Employees |
|---|
| Payroll cost/emp./mo* |
|---|
| 51 | Air Serbia02734656 · Transport & logistics | <0.1% | 1,108,315€ | -12.8% | 32,969€ | 3.0% | 10 | 1,378€ |
| 52 | Tandem Trans03316564 · Transport & logistics | <0.1% | 1,090,703€ | -3.0% | 11,297€ | 1.0% | 12 | 1,839€ |
| 53 | Logistic Point03087182 · Transport & logistics | <0.1% | 1,082,285€ | +21.9% | 2,348€ | 0.2% | 13 | 1,783€ |
| 54 | BLT02048698 · Transport & logistics | <0.1% | 1,080,171€ | +11.1% | 85,981€ | 8.0% | 24 | 1,400€ |
| 55 | Kom Trans03004449 · Transport & logistics | <0.1% | 1,029,561€ | +28.2% | 72,319€ | 7.0% | 8 | 3,598€ |
| 56 | Cijevna Komerc02070812 · Transport & logistics | <0.1% | 1,026,653€ | +36.0% | 211,836€ | 20.6% | 2 | 435€ |
| 57 | Adriatic Travel02771217 · Transport & logistics | <0.1% | 995,196€ | +2.1% | 223,381€ | 22.4% | 11 | 1,225€ |
| 58 | Moventa03761797 · Transport & logistics | <0.1% | 977,690€ | No filing for 2024. | 68,246€ | 7.0% | 2 | 1,456€ |
| 59 | VV Trans02855194 · Transport & logistics | <0.1% | 968,034€ | +12.2% | 38,147€ | 3.9% | 8 | 1,459€ |
| 60 | Mugoša Transs02788292 · Transport & logistics | <0.1% | 941,138€ | -12.2% | 57,813€ | 6.1% | 12 | 1,304€ |
| 61 | Miranović Company02121204 · Transport & logistics | <0.1% | 937,662€ | +33.9% | 282,832€ | 30.2% | 10 | 1,387€ |
| 62 | River Montenegro03163113 · Transport & logistics | <0.1% | 933,876€ | +9.6% | -24,631€ | -2.6% | 1 | 1,362€ |
| 63 | Formia02756366 · Transport & logistics | <0.1% | 932,635€ | -1.1% | 10,659€ | 1.1% | 7 | 1,652€ |
| 64 | Ozlem02310074 · Transport & logistics | <0.1% | 885,311€ | -0.2% | 17,015€ | 1.9% | 13 | 693€ |
| 65 | Felixtrans03161145 · Transport & logistics | <0.1% | 882,644€ | -15.0% | 9,704€ | 1.1% | 6 | 2,032€ |
| 66 | Dado Commerce02443716 · Transport & logistics | <0.1% | 808,431€ | +14.0% | 58,613€ | 7.3% | 16 | 1,135€ |
| 67 | Lemid02860716 · Transport & logistics | <0.1% | 776,205€ | +3.2% | 50,458€ | 6.5% | 4 | 3,212€ |
| 68 | Vukčević-Kop02376997 · Transport & logistics | <0.1% | 771,790€ | +3.4% | 179,997€ | 23.3% | 10 | 707€ |
| 69 | Eurošped Co02321327 · Transport & logistics | <0.1% | 769,618€ | -9.0% | 2,999€ | 0.4% | 11 | 1,107€ |
| 70 | Delamode Montenegro03689450 · Transport & logistics | <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€ |
| 71 | DR Cargo Logistics02964945 · Transport & logistics | <0.1% | 749,305€ | -3.8% | 72,536€ | 9.7% | 6 | 793€ |
| 72 | PG Šped03166791 · Transport & logistics | <0.1% | 746,877€ | -5.8% | -40,406€ | -5.4% | 12 | 1,214€ |
| 73 | Žuti Taxi03303942 · Transport & logistics | <0.1% | 745,094€ | +65.0% | 76,635€ | 10.3% | 32 | 763€ |
| 74 | Unitrans02920026 · Transport & logistics | <0.1% | 743,712€ | +28.4% | 113,295€ | 15.2% | 4 | 1,323€ |
| 75 | Time 2 Travel03707253 · Transport & logistics | <0.1% | 729,030€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 2,643€ | 0.4% | 1 | 584€ |
| 76 | Zetas02882302 · Transport & logistics | <0.1% | 703,776€ | +7.3% | 98,231€ | 14.0% | 5 | 1,588€ |
| 77 | Go Express - Braća Kastratović & Send Delivery03220117 · Transport & logistics | <0.1% | 673,035€ | +106.1% | 93,740€ | 13.9% | 28 | 389€ |
| 78 | Avita03315649 · Transport & logistics | <0.1% | 665,847€ | +52.3% | 32,696€ | 4.9% | 20 | 732€ |
| 79 | Te Manteks02666731 · Transport & logistics | <0.1% | 661,118€ | +17.3% | 147,786€ | 22.4% | 7 | 1,191€ |
| 80 | Pro Best02754649 · Transport & logistics | <0.1% | 625,912€ | +17.9% | 34,097€ | 5.4% | 13 | 1,299€ |
| 81 | Selišta Transport02765438 · Transport & logistics | <0.1% | 606,254€ | +29.3% | 8,753€ | 1.4% | 6 | 1,887€ |
| 82 | Talco Logistics- Mne03219933 · Transport & logistics | <0.1% | 605,412€ | -3.8% | 108,746€ | 18.0% | 7 | 1,007€ |
| 83 | KMJ Trade03369501 · Transport & logistics | <0.1% | 599,102€ | -25.1% | 8,979€ | 1.5% | 1 | 2,515€ |
| 84 | Berger03030482 · Transport & logistics | <0.1% | 574,915€ | -6.8% | 30,202€ | 5.3% | 7 | 639€ |
| 85 | Fig Company02697297 · Transport & logistics | <0.1% | 573,709€ | +16.5% | 46,343€ | 8.1% | 7 | 1,006€ |
| 86 | Panšped CG02295776 · Transport & logistics | <0.1% | 570,567€ | -90.2% | 4,020€ | 0.7% | 1 | 939€ |
| 87 | A2b Express02817918 · Transport & logistics | <0.1% | 554,173€ | +49.3% | 11,855€ | 2.1% | 3 | 904€ |
| 88 | Traffic03298418 · Transport & logistics | <0.1% | 545,579€ | -28.7% | 17,956€ | 3.3% | 4 | 2,260€ |
| 89 | Total Shiping02874270 · Transport & logistics | <0.1% | 529,908€ | +17.8% | 16,550€ | 3.1% | 3 | 566€ |
| 90 | Flight Academy Montenegro03067769 · Transport & logistics | <0.1% | 512,466€ | +129.3% | 209,253€ | 40.8% | 1 | 8,598€ |
| 91 | Lenax Montenegro03239446 · Transport & logistics | <0.1% | 502,208€ | +35.7% | 10,151€ | 2.0% | 8 | 804€ |
| 92 | MS Tours02398338 · Transport & logistics | <0.1% | 494,542€ | +51.8% | -70,783€ | -14.3% | 10 | 1,193€ |
| 93 | V&D Trans02863243 · Transport & logistics | <0.1% | 486,282€ | +12.2% | 24,579€ | 5.1% | 5 | 1,927€ |
| 94 | Stadion Logistics03463273 · Transport & logistics | <0.1% | 485,199€ | +14.7% | -37,300€ | -7.7% | 6 | 2,826€ |
| 95 | Alpha Logistik03423450 · Transport & logistics | <0.1% | 469,170€ | +4.1% | 20,796€ | 4.4% | 6 | 1,870€ |
| 96 | Špedicija Vukadinović02772400 · Transport & logistics | <0.1% | 462,787€ | -3.2% | 3,660€ | 0.8% | 1 | 1,183€ |
| 97 | First Sped Montenegro02992779 · Transport & logistics | <0.1% | 462,410€ | +1.3% | 68,766€ | 14.9% | 11 | 1,267€ |
| 98 | Express One Montenegro02721694 · Transport & logistics | <0.1% | 449,959€ | -6.5% | 16,367€ | 3.6% | 16 | 1,175€ |
| 99 | Express Tours02703408 · Transport & logistics | <0.1% | 449,225€ | +1.5% | 46,142€ | 10.3% | 5 | 1,898€ |
| 100 | Alo Express02772698 · Transport & logistics | <0.1% | 436,887€ | -6.7% | 83,103€ | 19.0% | 9 | 680€ |