Revenue
10.7% of sector revenue
192 companies earned 100.97m€ in 2025, 10.7% of Transport & logistics sector revenue. Revenue has grown 2.2× since 2015.
10.7% of sector revenue
75 with at most one employee
Largest employer: Milšped Montenegro (120)
Median company 3.4% · 65% profitable
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 1–50 of 192
* 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 →
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 | 46,921,285€ | 107 |
| 2016 | 53,253,099€ | 117 |
| 2017 | 57,516,575€ | 122 |
| 2018 | 58,003,343€ | 131 |
| 2019 | 61,336,790€ | 134 |
| 2020 | 44,350,091€ | 134 |
| 2021 | 63,780,237€ | 150 |
| 2022 | 89,723,504€ | 171 |
| 2023 | 93,261,703€ | 185 |
| 2024 | 98,030,516€ | 196 |
| 2025 (Preliminary) | 100,965,112€ | 192 |
Employees and payroll cost per employee per month*
8.8% |
| 8,888,103€ |
| +5.1% |
| 1,549,142€ |
| 17.4% |
| 108 |
| 1,420€ |
| 3 | Allegra-Montenegro02802546 · Bar | 7.2% | 7,319,421€ | -4.1% | 113,747€ | 1.6% | 32 | 905€ |
| 4 | Pro Team Consulting03394581 · Podgorica | 4.9% | 4,980,606€ | +35.8% | 101,983€ | 2.0% | 5 | 754€ |
| 5 | Zenšped Group02914034 · Bar | 4.5% | 4,535,730€ | +91.1% | 381,361€ | 8.4% | 15 | 1,167€ |
| 6 | Boka Adriatic02288460 · Herceg Novi | 3.8% | 3,845,601€ | +33.9% | 3,824€ | 0.1% | 12 | 1,170€ |
| 7 | Jet-Rose03431304 · Podgorica | 3.3% | 3,370,527€ | -18.0% | 49,960€ | 1.5% | 6 | 2,040€ |
| 8 | Das Group03320111 · Nikšić | 2.9% | 2,956,069€ | +12,095.0% | 14,742€ | 0.5% | 1 | 1,691€ |
| 9 | A+ Yachting03180042 · Tivat | 2.9% | 2,910,577€ | +81.9% | 25,453€ | 0.9% | 10 | 1,418€ |
| 10 | LB Company03349390 · Bar | 2.6% | 2,649,273€ | +55.9% | 67,732€ | 2.6% | 5 | 331€ |
| 11 | Jadroagent Bar02088584 | 2.4% | 2,375,741€ | +18.3% | 331,894€ | 14.0% | 68 | 1,662€ |
| 12 | Translog02975467 · Podgorica | 1.9% | 1,880,678€ | -6.2% | 130,000€ | 6.9% | 1 | 942€ |
| 13 | Dis Logistika03599922 · Podgorica | 1.7% | 1,754,769€ | +31.6% | 31,060€ | 1.8% | 5 | 1,849€ |
| 14 | Top Logistics02865394 · Zeta | 1.7% | 1,749,002€ | +6.6% | 188,389€ | 10.8% | 11 | 1,185€ |
| 15 | Gold Investment Construction and Trade03511103 · Podgorica | 1.7% | 1,687,665€ | +80,265.0% | 598,719€ | 35.5% | 1 | 14,095€ |
| 16 | Petro Šped02741911 · Bar | 1.5% | 1,508,983€ | +0.6% | 9,747€ | 0.6% | 7 | 1,226€ |
| 17 | Best Deal03334490 · Podgorica | 1.4% | 1,437,590€ | +30.5% | 23,180€ | 1.6% | 13 | 1,965€ |
| 18 | MP Astra02881098 · Podgorica | 1.4% | 1,365,032€ | +33.9% | 150,783€ | 11.0% | 6 | 2,725€ |
| 19 | Gebrüder Weiss02838591 · Podgorica | 1.3% | 1,354,927€ | +18.3% | 95,082€ | 7.0% | 9 | 1,255€ |
| 20 | Pepić Šped03178374 · Podgorica | 1.3% | 1,323,839€ | +330.0% | 33,877€ | 2.6% | 5 | 3,614€ |
| 21 | Logmax02845741 · Bar | 1.0% | 994,740€ | -21.6% | 89,901€ | 9.0% | 14 | 1,505€ |
| 22 | Capris02718375 · Bar | 1.0% | 991,837€ | -38.8% | 141,116€ | 14.2% | 4 | 2,366€ |
| 23 | Moventa03761797 · Podgorica | 1.0% | 977,690€ | No filing for 2024. | 68,246€ | 7.0% | 2 | 1,456€ |
| 24 | Formia02756366 · Podgorica | 0.9% | 932,635€ | -1.1% | 10,659€ | 1.1% | 7 | 1,652€ |
| 25 | World Trade Services03125190 · Bar | 0.9% | 876,653€ | -10.2% | 164,924€ | 18.8% | 4 | 330€ |
| 26 | Emax03008665 · Bijelo Polje | 0.8% | 808,862€ | -5.9% | 30,762€ | 3.8% | 3 | 1,596€ |
| 27 | Zeta Car02894734 · Zeta | 0.8% | 784,576€ | +16.8% | 3,976€ | 0.5% | 20 | 903€ |
| 28 | Eurošped Co02321327 · Podgorica | 0.8% | 769,618€ | -9.0% | 2,999€ | 0.4% | 11 | 1,107€ |
| 29 | DRM Maritime Services02619458 · Kotor | 0.8% | 759,090€ | +19.9% | 12,700€ | 1.7% | 2 | 1,942€ |
| 30 | Delamode Montenegro03689450 · Podgorica | 0.8% | 758,117€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -47,369€ | -6.2% | 4 | 1,293€ |
| 31 | DR Cargo Logistics02964945 · Podgorica | 0.7% | 749,305€ | -3.8% | 72,536€ | 9.7% | 6 | 793€ |
| 32 | Zetas02882302 · Podgorica | 0.7% | 703,776€ | +7.3% | 98,231€ | 14.0% | 5 | 1,588€ |
| 33 | Optimum Company02065606 · Bar | 0.6% | 655,283€ | -34.3% | -631€ | -0.1% | 6 | 1,039€ |
| 34 | Talco Logistics- Mne03219933 · Podgorica | 0.6% | 605,412€ | -3.8% | 108,746€ | 18.0% | 7 | 1,007€ |
| 35 | Špedicija Petrović02322919 · Bar | 0.6% | 599,411€ | +11.8% | 3,788€ | 0.6% | 3 | 647€ |
| 36 | Fig Company02697297 · Podgorica | 0.6% | 573,709€ | +16.5% | 46,343€ | 8.1% | 7 | 1,006€ |
| 37 | Panšped CG02295776 · Podgorica | 0.6% | 570,567€ | -90.2% | 4,020€ | 0.7% | 1 | 939€ |
| 38 | Eurowin02998424 · Bar | 0.6% | 570,451€ | -10.8% | 29,905€ | 5.2% | 1 | 516€ |
| 39 | Total Shiping02874270 · Podgorica | 0.5% | 529,908€ | +17.8% | 16,550€ | 3.1% | 3 | 566€ |
| 40 | Tehno Baza02001799 · Nikšić | 0.5% | 514,950€ | +15.5% | 37,246€ | 7.2% | 20 | 1,188€ |
| 41 | DM Agency03426386 · Bar | 0.5% | 499,891€ | +115.9% | 38,422€ | 7.7% | 6 | 1,282€ |
| 42 | MSC Montenegro02990148 · Bar | 0.5% | 486,342€ | -66.7% | 12,818€ | 2.6% | 10 | 2,491€ |
| 43 | Špedicija Vukadinović02772400 · Podgorica | 0.5% | 462,787€ | -3.2% | 3,660€ | 0.8% | 1 | 1,183€ |
| 44 | First Sped Montenegro02992779 · Podgorica | 0.5% | 462,410€ | +1.3% | 68,766€ | 14.9% | 11 | 1,267€ |
| 45 | Špedicija Diod02305470 · Bar | 0.4% | 438,658€ | -3.3% | 11,151€ | 2.5% | 6 | 933€ |
| 46 | 16 Februar02350726 · Podgorica | 0.4% | 418,640€ | -30.9% | -12,694€ | -3.0% | 3 | 1,443€ |
| 47 | Adriamar02323036 · Herceg Novi | 0.4% | 417,021€ | +35.7% | 21,216€ | 5.1% | 1 | 525€ |
| 48 | Mondeošped02308088 · Bar | 0.4% | 410,682€ | +5.4% | 64,554€ | 15.7% | 7 | 834€ |
| 49 | Flegmatic02810492 · Podgorica | 0.4% | 386,407€ | +16.7% | 48,509€ | 12.6% | 6 | 941€ |
| 50 | MGR Logistics02903172 · Podgorica | 0.4% | 362,549€ | +347.3% | 5,157€ | 1.4% | 24 | 970€ |