Revenue
3.2% of sector revenue
126 companies earned 29.78m€ in 2025, 3.2% of Transport & logistics sector revenue. Revenue has grown 3.7× since 2015.
3.2% of sector revenue
55 with at most one employee
Largest employer: Belavista Trend Montenegro (40)
Not shown: one company carries more than half of the profit or loss
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 51–100 of 126
* 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 →
Not shown: one company carries more than half of the profit or loss. The aggregate margin is not shown when fewer than 5 companies have one, or when one company carries more than half of the summed profit and loss; use the median margin and the profitable share instead. Profits that cannot be reconciled with revenue and payroll are left out.
Totals include 1 sole proprietor: 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 | 8,094,119€ | 66 |
| 2016 | 8,802,098€ | 65 |
| 2017 | 10,434,349€ | 68 |
| 2018 | 11,485,641€ | 76 |
| 2019 | 12,421,988€ | 81 |
| 2020 | 4,027,998€ | 83 |
| 2021 | 6,483,814€ | 87 |
| 2022 | 10,880,655€ | 91 |
| 2023 | 17,955,315€ | 104 |
| 2024 | 29,240,866€ | 114 |
| 2025 (Preliminary) | 29,776,115€ | 126 |
0.2% |
| 68,107€ |
| -21.7% |
| 2,604€ |
| 3.8% |
| 4 |
| 458€ |
| 53 | Luštica Prevoz03443655 · Tivat | 0.2% | 65,686€ | -3.1% | 1,978€ | 3.0% | 3 | 1,267€ |
| 54 | Gaga Turs02661365 · Budva | 0.2% | 63,038€ | -29.6% | -11,670€ | -18.5% | 1 | 1,013€ |
| 55 | MS Travel03682056 · Danilovgrad | 0.2% | 62,700€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 21,916€ | 35.0% | 1 | 1,397€ |
| 56 | In Tourist02969661 · Budva | 0.2% | 61,011€ | +30.2% | 3,302€ | 5.4% | 3 | 928€ |
| 57 | Božović - Prevoz02972000 · Berane | 0.2% | 58,983€ | +71.5% | 2,342€ | 4.0% | 3 | 1,143€ |
| 58 | Busšped02217503 · Nikšić | 0.2% | 56,332€ | -10.9% | -18,485€ | -32.8% | 2 | 678€ |
| 59 | Business Consulting Montenegro03488977 · Podgorica | 0.2% | 52,052€ | +37.7% | 3,632€ | 7.0% | 2 | 581€ |
| 60 | Logistik Transfer Company03459110 · Podgorica | 0.2% | 50,032€ | +46.8% | 6,705€ | 13.4% | 1 | 1,145€ |
| 61 | Kaluđerović Trade02374200 · Danilovgrad | 0.2% | 49,905€ | +3.2% | 6,676€ | 13.4% | 2 | 725€ |
| 62 | Tivat Travel02446235 · Tivat | 0.2% | 47,224€ | +41.5% | 5,578€ | 11.8% | 4 | 470€ |
| 63 | Vasilija Travel03632199 · Žabljak | 0.2% | 45,680€ | +1,347.9% | -20,482€ | -44.8% | 3 | — |
| 64 | Infinity Lux03650316 · Herceg Novi | 0.2% | 45,021€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 14,331€ | 31.8% | 1 | 624€ |
| 65 | Perfect Drive03542351 · Podgorica | 0.1% | 41,987€ | -18.1% | 886€ | 2.1% | 2 | — |
| 66 | Allegro Tours03023770 · Rožaje | 0.1% | 41,763€ | +0.6% | 2,208€ | 5.3% | 1 | 1,670€ |
| 67 | Nik-Trans02802660 · Nikšić | 0.1% | 38,496€ | +36.7% | 800€ | 2.1% | 2 | 506€ |
| 68 | Spark Solutions03628728 · Podgorica | 0.1% | 36,186€ | +98.7% | 1,552€ | 4.3% | 2 | 834€ |
| 69 | Drive With Style03676200 · Podgorica | 0.1% | 30,445€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 5,696€ | 18.7% | 1 | 1,046€ |
| 70 | Lux Transfer03543722 · Tivat | <0.1% | 26,749€ | +480.2% | 1,180€ | 4.4% | 1 | 338€ |
| 71 | Mat Travel03704882 · Kotor | <0.1% | 26,519€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -55,663€ | -209.9% | 3 | 1,148€ |
| 72 | Cattaro Travel03240541 · Kotor | <0.1% | 26,440€ | +178.7% | 8,039€ | 30.4% | 2 | 504€ |
| 73 | N&V Company03698122 · Herceg Novi | <0.1% | 24,765€ | +378.6% | -8,106€ | -32.7% | 2 | 790€ |
| 74 | Boka Adventures03689255 · Kotor | <0.1% | 24,752€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 4,972€ | 20.1% | 2 | — |
| 75 | Star's 1903089681 · Kotor | <0.1% | 24,348€ | +74.4% | 3,685€ | 15.1% | 1 | — |
| 76 | West Travel Montenegro03635937 · Podgorica | <0.1% | 24,109€ | -16.0% | -6,424€ | -26.6% | 1 | 924€ |
| 77 | Manmar Trade03385574 · Herceg Novi | <0.1% | 22,354€ | -13.7% | 5,930€ | 26.5% | 3 | 394€ |
| 78 | Feniks Giz03007545 · Bijelo Polje | <0.1% | 21,948€ | +14.2% | 2,538€ | 11.6% | 3 | 338€ |
| 79 | Space Class03733734 · Podgorica | <0.1% | 21,797€ | No filing for 2024. | 1,886€ | 8.7% | 2 | 460€ |
| 80 | Baloo03584283 · Kotor | <0.1% | 20,919€ | +41.2% | 1,312€ | 6.3% | 1 | 678€ |
| 81 | Alpha Travel03748537 · Budva | <0.1% | 20,411€ | No filing for 2024. | 8,173€ | 40.0% | 1 | — |
| 82 | Itechnology03392902 · Podgorica | <0.1% | 18,297€ | +1,729.7% | -21,310€ | -116.5% | 1 | 691€ |
| 83 | As-Rožaje02910462 · Rožaje | <0.1% | 16,630€ | -38.7% | -17,059€ | -102.6% | 2 | 536€ |
| 84 | Elite Transfers Montenegro03757102 · Bar | <0.1% | 14,556€ | No filing for 2024. | 8,466€ | 58.2% | 1 | 412€ |
| 85 | Oxana03659712 · Bar | <0.1% | 13,306€ | +99.3% | -3,683€ | -27.7% | 1 | 675€ |
| 86 | Kastratović Company03655458 · Zeta | <0.1% | 12,443€ | +88.7% | 588€ | 4.7% | 1 | 685€ |
| 87 | Lux Travel Plav03585336 · Plav | <0.1% | 11,548€ | +183.8% | -2,074€ | -18.0% | 1 | 358€ |
| 88 | Naše Crnogorsko03764109 · Podgorica | <0.1% | 11,200€ | No filing for 2024. | -91€ | -0.8% | 2 | 463€ |
| 89 | Tivat Transfers03753786 · Tivat | <0.1% | 10,790€ | No filing for 2024. | 4,990€ | 46.2% | 1 | — |
| 90 | Mega Travel03753085 · Kotor | <0.1% | 9,630€ | No filing for 2024. | 36€ | 0.4% | 2 | 394€ |
| 91 | Cilex03623092 · Budva | <0.1% | 7,272€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -5,471€ | -75.2% | 1 | 674€ |
| 92 | Etmonte03743713 · Kotor | <0.1% | 5,789€ | No filing for 2024. | -10,591€ | -183.0% | 1 | 525€ |
| 93 | Diamond Transfers03743829 · Budva | <0.1% | 4,735€ | No filing for 2024. | -1,391€ | -29.4% | 1 | 461€ |
| 94 | Stemi Travel02711206 · Plav | <0.1% | 4,373€ | -14.7% | -13,523€ | -309.2% | 1 | 1,348€ |
| 95 | Adriatic Invest Corporation03532267 · Bar | <0.1% | 3,930€ | +336.7% | -8,142€ | -207.2% | 1 | 675€ |
| 96 | Prčanj Travel03762017 · Kotor | <0.1% | 3,850€ | No filing for 2024. | 42€ | 1.1% | 1 | 309€ |
| 97 | 13 Decembar02923840 · Budva | <0.1% | 2,866€ | -79.4% | -20,689€ | -721.9% | 2 | 765€ |
| 98 | Trust Transfers03622568 · Podgorica | <0.1% | 2,490€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 731€ | 29.4% | 1 | — |
| 99 | Trans Success03487008 · Budva | <0.1% | 2,240€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -6,702€ | -299.2% | 1 | 677€ |
| 100 | Lux Transport03778827 · Kotor | <0.1% | 2,166€ | No filing for 2024. | -1,238€ | -57.2% | 1 | — |