Revenue
10.9% of sector revenue
17 companies earned 102.70m€ in 2025, 10.9% of Transport & logistics sector revenue. Revenue has grown 2.5× since 2015.
10.9% of sector revenue
9 with at most one employee
Largest employer: Aerodromi Crne Gore (1,050)
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
Ranked by total revenue · Showing 1–17 of 17
* 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.
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 | 40,418,315€ | 9 |
| 2016 | 45,764,373€ | 8 |
| 2017 | 52,587,074€ | 8 |
| 2018 | 57,991,746€ | 11 |
| 2019 | 58,581,788€ | 11 |
| 2020 | 21,054,808€ | 10 |
| 2021 | 50,008,936€ | 12 |
| 2022 | 41,389,148€ | 12 |
| 2023 | 66,031,785€ | 16 |
| 2024 | 45,544,746€ | 17 |
| 2025 (Preliminary) | 102,700,476€ | 17 |
Employees and payroll cost per employee per month*
41.1% |
| 42,209,169€ |
| +25.4% |
| 1,685,960€ |
| 4.0% |
| 9 |
| 4,799€ |
| 3 | Kontrola Letenja Srbije i Crne Gore Smatsa D.O.O.,beograd02627744 · Podgorica | 8.3% | 8,499,824€ | +3.1% | -61,349€ | -0.7% | 102 | 6,543€ |
| 4 | Menzies Aviation02756145 · Podgorica | 5.7% | 5,879,667€ | +94.2% | 276,107€ | 4.7% | 14 | 1,398€ |
| 5 | Time 2 Travel03707253 · Podgorica | 0.7% | 729,030€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 2,643€ | 0.4% | 1 | 584€ |
| 6 | Adriatic Airways03028267 · Podgorica | 0.3% | 340,000€ | +21.5% | 67,257€ | 19.8% | 1 | 3,513€ |
| 7 | Riana Montenegro Holdings02790190 · Podgorica | 0.2% | 170,546€ | -4.2% | -674,310€ | -395.4% | 2 | 1,592€ |
| 8 | Montenegro GHS02917939 · Podgorica | 0.2% | 168,575€ | +32.0% | 16,876€ | 10.0% | 7 | 1,122€ |
| 9 | Aero Dside03343359 · Podgorica | <0.1% | 36,354€ | +96.3% | 14,047€ | 38.6% | 1 | 698€ |
| 10 | Špiro Mugoša02011379 · Podgorica | <0.1% | 3,840€ | -55.5% | 832€ | 21.7% | 0 | — |
| 11 | Aerodrom Berane03569250 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,036€ | — | 1 | — |
| 12 | Boutique Lux Aviation Airlines03534731 · Tivat | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -16,370€ | — | 2 | 678€ |
| 13 | Globaljet Aviation03663639 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,123€ | — | 1 | 677€ |
| 14 | Go_aa03564860 · Herceg Novi | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,178€ | — | 1 | 678€ |
| 15 | Duma03618765 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,895€ | — | 1 | 735€ |
| 16 | Jat Tehnika03000222 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -318,335€ | — | 6 | 2,946€ |
| 17 | Jetify03468216 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -12,251€ | — | 1 | 928€ |