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 201–250 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* |
|---|
| 201 | Vladex Transport03606104 · Transport & logistics | <0.1% | 131,821€ | +78.3% | 2,517€ | 1.9% | 2 | 1,331€ |
| 202 | Novex Trade02424266 · Transport & logistics | <0.1% | 130,240€ | +22.7% | -20,230€ | -15.5% | 25 | 483€ |
| 203 | R.D. Trans Montenegro03219640 · Transport & logistics | <0.1% | 125,846€ | +117.0% | 167€ | 0.1% | 3 | 663€ |
| 204 | Auto Target03553507 · Transport & logistics | <0.1% | 120,359€ | +35.6% | 469€ | 0.4% | 2 | 1,418€ |
| 205 | Adriatic Charter03644294 · Transport & logistics | <0.1% | 119,356€ | +552.3% | 29,466€ | 24.7% | 1 | 558€ |
| 206 | Rotary Aviation Services03591549 · Transport & logistics | <0.1% | 116,246€ | +42.3% | 70,030€ | 60.2% | 1 | 2,358€ |
| 207 | Track and Delivery03505065 · Transport & logistics | <0.1% | 114,175€ | -66.9% | 2,507€ | 2.2% | 7 | — |
| 208 | Mark&Vlad Company03563472 · Transport & logistics | <0.1% | 111,798€ | +133.4% | 868€ | 0.8% | 3 | 2,730€ |
| 209 | Eurokontakt02173727 · Transport & logistics | <0.1% | 111,085€ | +68.8% | 8,868€ | 8.0% | 1 | 1,086€ |
| 210 | DB Logistics03131777 · Transport & logistics | <0.1% | 110,947€ | -36.1% | 7,308€ | 6.6% | 2 | 509€ |
| 211 | Kombinovani Prevoz Montenegro03352587 · Transport & logistics | <0.1% | 109,115€ | -86.7% | -75,623€ | -69.3% | 5 | 2,234€ |
| 212 | MTC Logistic03120732 · Transport & logistics | <0.1% | 108,318€ | -62.6% | 6,321€ | 5.8% | 1 | 1,765€ |
| 213 | JNT Šped03521184 · Transport & logistics | <0.1% | 105,996€ | +5.1% | 9,146€ | 8.6% | 4 | 495€ |
| 214 | Vip Group Logistic Int03018474 · Transport & logistics | <0.1% | 104,548€ | -30.4% | -28,483€ | -27.2% | 3 | 789€ |
| 215 | Wedrive Montenegro03536076 · Transport & logistics | <0.1% | 100,563€ | +85.0% | 27,514€ | 27.4% | 3 | 624€ |
| 216 | Libe Company03335330 · Transport & logistics | <0.1% | 98,930€ | +147.3% | 18,548€ | 18.7% | 1 | 678€ |
| 217 | Agencija Step02319063 · Transport & logistics | <0.1% | 97,988€ | +2.0% | 7,652€ | 7.8% | 4 | 1,308€ |
| 218 | Acheron03549054 · Transport & logistics | <0.1% | 97,125€ | -41.0% | -34,046€ | -35.1% | 5 | 1,827€ |
| 219 | Didapet03700976 · Transport & logistics | <0.1% | 95,704€ | +808.2% | 1,832€ | 1.9% | 1 | 705€ |
| 220 | SLD Trans03496023 · Transport & logistics | <0.1% | 95,593€ | +173.2% | 1,334€ | 1.4% | 1 | 1,711€ |
| 221 | Piramida02088797 · Transport & logistics | <0.1% | 94,646€ | -3.8% | 5,285€ | 5.6% | 2 | 811€ |
| 222 | TLD Montenegro03351670 · Transport & logistics | <0.1% | 93,120€ | +48.2% | 7,539€ | 8.1% | 3 | 796€ |
| 223 | Montenegrotouroperator - Mto Agency03062643 · Transport & logistics | <0.1% | 91,450€ | +36.2% | -4,050€ | -4.4% | 10 | — |
| 224 | Šeng02977915 · Transport & logistics | <0.1% | 89,499€ | +8.2% | 9,685€ | 10.8% | 1 | 338€ |
| 225 | Gol03170268 · Transport & logistics | <0.1% | 89,083€ | -14.0% | -30,543€ | -34.3% | 13 | 424€ |
| 226 | Granat Limo-Lux03533719 · Transport & logistics | <0.1% | 88,252€ | +148.0% | 16,909€ | 19.2% | 1 | 989€ |
| 227 | Braća Maraš02075768 · Transport & logistics | <0.1% | 88,192€ | +17.9% | 5,316€ | 6.0% | 3 | 474€ |
| 228 | Adonis Šped03292860 · Transport & logistics | <0.1% | 85,723€ | -5.9% | 28,762€ | 33.6% | 2 | 340€ |
| 229 | Remonttrans Mne03347249 · Transport & logistics | <0.1% | 85,614€ | +229.3% | 114€ | 0.1% | 2 | 2,219€ |
| 230 | Ingal02685230 · Transport & logistics | <0.1% | 85,421€ | +30.7% | 12,908€ | 15.1% | 3 | 691€ |
| 231 | San Šped03464997 · Transport & logistics | <0.1% | 85,287€ | +7.0% | 5,168€ | 6.1% | 1 | 2,439€ |
| 232 | Jole Viljuškari03593606 · Transport & logistics | <0.1% | 83,921€ | +58.4% | 8,440€ | 10.1% | 3 | 1,273€ |
| 233 | Projektsilva02107988 · Transport & logistics | <0.1% | 81,089€ | +430.7% | -22,375€ | -27.6% | 1 | 394€ |
| 234 | Ilija Transport02729911 · Transport & logistics | <0.1% | 80,923€ | -4.9% | 1,228€ | 1.5% | 1 | 678€ |
| 235 | DLS02457768 · Transport & logistics | <0.1% | 80,608€ | -29.3% | 2,238€ | 2.8% | 4 | 904€ |
| 236 | Globalšped03517748 · Transport & logistics | <0.1% | 80,303€ | -7.2% | 6,094€ | 7.6% | 3 | 845€ |
| 237 | Star Fleet03414205 · Transport & logistics | <0.1% | 80,246€ | +339.8% | 4,114€ | 5.1% | 1 | 1,247€ |
| 238 | Taal02400995 · Transport & logistics | <0.1% | 80,113€ | +5.3% | 1,251€ | 1.6% | 2 | 1,384€ |
| 239 | Montenegro Line03346676 · Transport & logistics | <0.1% | 76,380€ | -30.5% | -26,912€ | -35.2% | 3 | 562€ |
| 240 | Drive Montenegro03615839 · Transport & logistics | <0.1% | 76,191€ | +110.9% | -2,413€ | -3.2% | 6 | — |
| 241 | Maximo Logistics03179435 · Transport & logistics | <0.1% | 76,181€ | +20.0% | 1,795€ | 2.4% | 1 | 697€ |
| 242 | KL Šped03525937 · Transport & logistics | <0.1% | 74,878€ | +4.6% | 661€ | 0.9% | 1 | 2,097€ |
| 243 | Lift Trans Company03726886 · Transport & logistics | <0.1% | 73,995€ | No filing for 2024. | 6,496€ | 8.8% | 1 | 1,197€ |
| 244 | Vujašević Trans03739660 · Transport & logistics | <0.1% | 72,636€ | No filing for 2024. | 25,568€ | 35.2% | 1 | 548€ |
| 245 | Mit Company03065944 · Transport & logistics | <0.1% | 72,635€ | -16.3% | 20,109€ | 27.7% | 2 | 687€ |
| 246 | Beauty Car02868369 · Transport & logistics | <0.1% | 72,082€ | +13.8% | -13,153€ | -18.2% | 3 | 525€ |
| 247 | Seaspark03511375 · Transport & logistics | <0.1% | 71,190€ | +37.2% | -44,806€ | -62.9% | 2 | 1,369€ |
| 248 | Arena Tours03084060 · Transport & logistics | <0.1% | 69,488€ | +16.4% | 12,395€ | 17.8% | 1 | 734€ |
| 249 | Monte Logistics02970805 · Transport & logistics | <0.1% | 69,186€ | -30.5% | 5,090€ | 7.4% | 1 | 1,884€ |
| 250 | Alemaks03730824 · Transport & logistics | <0.1% | 68,778€ | No filing for 2024. | 14,242€ | 20.7% | 2 | 619€ |