Revenue
0.7% of Montenegro's revenue
584 companies earned 118.76m€ in 2025, 0.7% of all company revenue in Montenegro. It ranks 16 of 25 municipalities by revenue. Revenue has grown 3.1× since 2015.
0.7% of Montenegro's revenue
25.2 per 1,000 residents · Montenegro 57.3
Largest employer: Komunalno (81)
Total profit: 5.28m€
Average per employee, not per company
Revenue in € million (bars) and filing companies (below), 2015–2025
| Year | Revenue | Companies |
|---|---|---|
| 2015 | 38,552,128€ | 287 |
| 2016 | 42,309,475€ | 311 |
| 2017 | 47,646,599€ | 336 |
| 2018 | 53,760,054€ | 364 |
| 2019 | 62,602,097€ | 388 |
| 2020 | 62,047,287€ | 433 |
| 2021 | 71,865,795€ | 468 |
| 2022 | 90,662,053€ | 491 |
| 2023 | 98,498,899€ | 537 |
| 2024 | 105,762,314€ | 595 |
| 2025 (Preliminary) | 118,760,581€ | 584 |
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 1–50 of 85
* 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* |
|---|
| 1 | Sef-Trans02462184 · Transport & logistics | 7.2% | 8,546,099€ | -1.6% | 424,014€ | 5.0% | 30 | 1,294€ |
| 2 | Mega - International02448912 · Transport & logistics | 1.0% | 1,222,349€ | +26.1% | 161,052€ | 13.2% | 12 | 611€ |
| 3 | Erdankomerc02641143 · Transport & logistics | 0.9% | 1,075,917€ | +34.5% | 78,997€ | 7.3% | 10 | 1,514€ |
| 4 | Ze Trans03249794 · Transport & logistics | 0.5% | 640,560€ | +81.2% | 2,940€ | 0.5% | 7 | 1,829€ |
| 5 | Sead Trans03122824 · Transport & logistics | 0.4% | 519,166€ | -37.1% | 4,495€ | 0.9% | 4 | 1,637€ |
| 6 | DE&EN Logistik03603598 · Transport & logistics | 0.3% | 304,717€ | +15.0% | 8,981€ | 2.9% | 3 | 2,491€ |
| 7 | Elma Logistics03670627 · Transport & logistics | 0.3% | 300,803€ | +168.0% | 26,028€ | 8.7% | 2 | 928€ |
| 8 | H&B Trans03070166 · Transport & logistics | 0.2% | 265,091€ | +17.8% | 33,343€ | 12.6% | 6 | 1,151€ |
| 9 | I & i02688247 · Transport & logistics | 0.2% | 255,002€ | +0.4% | 6,384€ | 2.5% | 2 | 2,047€ |
| 10 | En Šped03110346 · Transport & logistics | 0.2% | 250,948€ | +43.8% | 35,008€ | 14.0% | 3 | 1,981€ |
| 11 | B&A Trans03247228 · Transport & logistics | 0.2% | 226,891€ | +76.7% | 23,463€ | 10.3% | 5 | 1,407€ |
| 12 | Pepe Trans03631869 · Transport & logistics | 0.2% | 218,110€ | +662.7% | 11,122€ | 5.1% | 4 | 1,446€ |
| 13 | Arko Šped03327809 · Transport & logistics | 0.1% | 171,417€ | +23.3% | 20,294€ | 11.8% | 3 | 2,401€ |
| 14 | Edea02977273 · Transport & logistics | 0.1% | 168,762€ | +7.4% | 6,144€ | 3.6% | 6 | 1,430€ |
| 15 | Juka Company02815362 · Transport & logistics | 0.1% | 149,209€ | +21.7% | 2,602€ | 1.7% | 3 | 468€ |
| 16 | Em-Transport03253554 · Transport & logistics | 0.1% | 146,107€ | +7.5% | 4,349€ | 3.0% | 4 | 750€ |
| 17 | Baćan02926261 · Transport & logistics | 0.1% | 143,556€ | -8.8% | 10,322€ | 7.2% | 3 | 1,081€ |
| 18 | Er Trade03297306 · Transport & logistics | 0.1% | 122,730€ | +17.7% | 18,772€ | 15.3% | 2 | 1,194€ |
| 19 | Nurković02422255 · Transport & logistics | 0.1% | 119,688€ | +12.0% | -38,036€ | -31.8% | 6 | 1,106€ |
| 20 | Hasšped02781697 · Transport & logistics | <0.1% | 115,920€ | +29.8% | 1,240€ | 1.1% | 8 | 871€ |
| 21 | Dacex03021815 · Transport & logistics | <0.1% | 112,135€ | -2.3% | 5,819€ | 5.2% | 2 | 991€ |
| 22 | Top Trans03250261 · Transport & logistics | <0.1% | 109,899€ | -36.5% | 193€ | 0.2% | 3 | 1,283€ |
| 23 | H-M-Trans-0103388565 · Transport & logistics | <0.1% | 109,267€ | +16.9% | 17,200€ | 15.7% | 2 | 703€ |
| 24 | Mani Šped03102173 · Transport & logistics | <0.1% | 106,479€ | +11.8% | -6,031€ | -5.7% | 3 | 912€ |
| 25 | Dass02411334 · Transport & logistics | <0.1% | 97,853€ | No filing for 2024. | 7,047€ | 7.2% | 0 | — |
| 26 | Elvin03314553 · Transport & logistics | <0.1% | 91,870€ | +34.5% | 1,034€ | 1.1% | 4 | 1,113€ |
| 27 | Dženan Komerc03629805 · Transport & logistics | <0.1% | 87,106€ | +67.2% | -27,806€ | -31.9% | 3 | 1,657€ |
| 28 | Euromax Fenster03659704 · Transport & logistics | <0.1% | 84,596€ | +562.7% | 6,034€ | 7.1% | 3 | 864€ |
| 29 | Eri Trans03493067 · Transport & logistics | <0.1% | 82,529€ | -33.5% | -1,243€ | -1.5% | 5 | 756€ |
| 30 | Transtop03086933 · Transport & logistics | <0.1% | 78,505€ | -10.4% | 1,795€ | 2.3% | 2 | 1,192€ |
| 31 | Nox02866609 · Transport & logistics | <0.1% | 75,402€ | +3.6% | 10,925€ | 14.5% | 1 | 1,992€ |
| 32 | Alka Trans03230309 · Transport & logistics | <0.1% | 70,844€ | +183.6% | -24,095€ | -34.0% | 4 | 903€ |
| 33 | Es Trans03752747 · Transport & logistics | <0.1% | 68,420€ | No filing for 2024. | 4,159€ | 6.1% | 2 | 822€ |
| 34 | BSM-Trans03679292 · Transport & logistics | <0.1% | 64,571€ | +564.1% | 22,297€ | 34.5% | 1 | 674€ |
| 35 | Monte Bee03354784 · Transport & logistics | <0.1% | 61,102€ | +146.5% | 7,639€ | 12.5% | 2 | 1,053€ |
| 36 | Hari Šped03646980 · Transport & logistics | <0.1% | 58,015€ | +8.7% | -5,464€ | -9.4% | 3 | 894€ |
| 37 | Malik Transport03596311 · Transport & logistics | <0.1% | 55,367€ | +503.3% | 3,092€ | 5.6% | 1 | 824€ |
| 38 | Bam Šped03657485 · Transport & logistics | <0.1% | 49,773€ | +270.6% | -15,074€ | -30.3% | 3 | 1,120€ |
| 39 | Hesa03341143 · Transport & logistics | <0.1% | 46,946€ | -35.6% | -13,739€ | -29.3% | 2 | 1,735€ |
| 40 | Barileva - Turist02215616 · Transport & logistics | <0.1% | 45,690€ | -5.9% | -2,611€ | -5.7% | 4 | 632€ |
| 41 | MS - Luke02986361 · Transport & logistics | <0.1% | 45,064€ | -35.4% | -33,608€ | -74.6% | 5 | 740€ |
| 42 | Allegro Tours03023770 · Transport & logistics | <0.1% | 41,763€ | +0.6% | 2,208€ | 5.3% | 1 | 1,670€ |
| 43 | Fikro - Tours Mne03216519 · Transport & logistics | <0.1% | 38,546€ | -24.3% | 17,840€ | 46.3% | 1 | 337€ |
| 44 | Omer Šped03477398 · Transport & logistics | <0.1% | 37,328€ | -1.0% | -186€ | -0.5% | 1 | 1,229€ |
| 45 | Suada Atlass02420589 · Transport & logistics | <0.1% | 36,463€ | +26.9% | 683€ | 1.9% | 3 | 756€ |
| 46 | Samed Trans03185753 · Transport & logistics | <0.1% | 33,197€ | +1.3% | 1,930€ | 5.8% | 2 | 677€ |
| 47 | BBF Transport03549429 · Transport & logistics | <0.1% | 30,504€ | -6.9% | 2,116€ | 6.9% | 1 | 1,305€ |
| 48 | Brener Banovići02621967 · Transport & logistics | <0.1% | 29,198€ | +0.3% | 2,128€ | 7.3% | 1 | 676€ |
| 49 | Marinković Trans02305194 · Transport & logistics | <0.1% | 27,724€ | -41.0% | 3,179€ | 11.5% | 1 | 448€ |
| 50 | Nur-Trans03758923 · Transport & logistics | <0.1% | 26,020€ | No filing for 2024. | -5,532€ | -21.3% | 2 | 488€ |