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 51–100 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*
0.3% |
| 344,000€ |
| +762.6% |
| 9,781€ |
| 2.8% |
| 20 |
| 1,036€ |
| 53 | Kapital Trade03074242 · Nikšić | 0.3% | 340,055€ | +61.5% | 164,731€ | 48.4% | 8 | 761€ |
| 54 | Tramontana02429756 · Berane | 0.3% | 335,645€ | +111.7% | 11,509€ | 3.4% | 3 | 837€ |
| 55 | Oil Logistic MN03319946 · Zeta | 0.3% | 311,853€ | -87.9% | -6,069€ | -1.9% | 1 | — |
| 56 | Maršal.Me03725839 · Podgorica | 0.3% | 300,876€ | No filing for 2024. | 3,378€ | 1.1% | 1 | 1,145€ |
| 57 | Monlog03394247 · Podgorica | 0.3% | 299,865€ | +27.8% | 7,304€ | 2.4% | 5 | 1,603€ |
| 58 | MNT Logistics03614913 · Zeta | 0.3% | 293,477€ | +139.8% | 16,968€ | 5.8% | 1 | 1,526€ |
| 59 | M&M Militzer & Muench Transport & Logistics03366626 · Podgorica | 0.3% | 285,158€ | -59.3% | -30,132€ | -10.6% | 4 | 1,129€ |
| 60 | Leader Šped02946530 · Podgorica | 0.3% | 269,020€ | -8.6% | 10,046€ | 3.7% | 4 | 1,554€ |
| 61 | Sos Manex02412918 · Herceg Novi | 0.3% | 260,167€ | +31.0% | 58,786€ | 22.6% | 12 | 717€ |
| 62 | Expert Team03168166 · Bijelo Polje | 0.3% | 255,303€ | +24.3% | 41,957€ | 16.4% | 6 | 938€ |
| 63 | Tehnošped02694956 · Podgorica | 0.3% | 254,755€ | +31.6% | 72,136€ | 28.3% | 3 | 1,517€ |
| 64 | Adriatic Šped02699427 · Tivat | 0.3% | 252,758€ | +16.4% | 17,086€ | 6.8% | 5 | 930€ |
| 65 | Transagent02093316 · Bar | 0.2% | 249,844€ | -55.8% | 1,674€ | 0.7% | 2 | 1,762€ |
| 66 | Winners & Co02787547 · Podgorica | 0.2% | 247,876€ | +3.0% | 10,992€ | 4.4% | 3 | 719€ |
| 67 | Mondial Explorer02684446 · Bar | 0.2% | 240,873€ | +3.3% | 35,043€ | 14.5% | 6 | 1,084€ |
| 68 | South Star Provisions02977354 · Kotor | 0.2% | 223,061€ | +143.5% | 47,863€ | 21.5% | 1 | 490€ |
| 69 | Total Quality Logistics and Consulting03116425 · Podgorica | 0.2% | 218,126€ | -80.2% | 13,095€ | 6.0% | 5 | 644€ |
| 70 | Nexus Logistics03701930 · Bar | 0.2% | 218,111€ | +29,295.0% | 2,318€ | 1.1% | 1 | 1,565€ |
| 71 | Adriatic Yachting03761169 · Tivat | 0.2% | 216,210€ | No filing for 2024. | 19,229€ | 8.9% | 2 | — |
| 72 | Bwa02423952 · Tivat | 0.2% | 212,525€ | +40.0% | 71,835€ | 33.8% | 7 | 1,028€ |
| 73 | Geošped03193888 · Nikšić | 0.2% | 200,914€ | +54.5% | 17,421€ | 8.7% | 2 | 768€ |
| 74 | Transcom02143208 · Podgorica | 0.2% | 199,387€ | +69.9% | 40,524€ | 20.3% | 3 | 1,631€ |
| 75 | Nal Logistic03417581 · Zeta | 0.2% | 198,651€ | -16.8% | -20,813€ | -10.5% | 5 | 1,405€ |
| 76 | Unistar Co03608964 · Podgorica | 0.2% | 188,257€ | +352.6% | 12,306€ | 6.5% | 4 | 981€ |
| 77 | Edea02977273 · Rožaje | 0.2% | 168,762€ | +7.4% | 6,144€ | 3.6% | 6 | 1,430€ |
| 78 | MD Shipping03664252 · Bar | 0.2% | 163,413€ | +678.2% | 11,842€ | 7.2% | 1 | 380€ |
| 79 | Eurologistics03059413 · Podgorica | 0.2% | 163,358€ | +103.3% | 5,131€ | 3.1% | 3 | 1,402€ |
| 80 | Montenegro Provisions02822270 · Bar | 0.2% | 161,323€ | -22.8% | 34,517€ | 21.4% | 1 | 1,134€ |
| 81 | Unistar Plus MB03210545 · Podgorica | 0.2% | 160,363€ | +20.6% | 3,524€ | 2.2% | 5 | 511€ |
| 82 | Nova Šped03041913 · Bijelo Polje | 0.1% | 150,739€ | +8.8% | 13,002€ | 8.6% | 2 | 1,397€ |
| 83 | Tim Log03624170 · Podgorica | 0.1% | 145,974€ | +30.4% | 9,484€ | 6.5% | 1 | 8,360€ |
| 84 | World Transport Overseas03728609 · Podgorica | 0.1% | 143,684€ | No filing for 2024. | -46,172€ | -32.1% | 2 | 1,607€ |
| 85 | Filšped03056791 · Herceg Novi | 0.1% | 141,304€ | +13.8% | 10,495€ | 7.4% | 4 | 869€ |
| 86 | Cargo Logistic03103714 · Podgorica | 0.1% | 141,300€ | +8.6% | -4,270€ | -3.0% | 3 | 846€ |
| 87 | South Point03186172 · Tivat | 0.1% | 139,977€ | -17.0% | 20,468€ | 14.6% | 1 | 1,053€ |
| 88 | Imex02406497 · Podgorica | 0.1% | 138,177€ | +25.1% | -1,304€ | -0.9% | 5 | 1,161€ |
| 89 | Impel02383772 · Bar | 0.1% | 122,263€ | +219.9% | 7,676€ | 6.3% | 1 | 678€ |
| 90 | Cma CGM Montenegro03765938 · Bar | 0.1% | 118,090€ | No filing for 2024. | 3,667€ | 3.1% | 3 | 1,276€ |
| 91 | Hasšped02781697 · Rožaje | 0.1% | 115,920€ | +29.8% | 1,240€ | 1.1% | 8 | 871€ |
| 92 | Eurokontakt02173727 · Podgorica | 0.1% | 111,085€ | +68.8% | 8,868€ | 8.0% | 1 | 1,086€ |
| 93 | Clover Logistics03405486 · Bijelo Polje | 0.1% | 109,739€ | -31.9% | 2,355€ | 2.1% | 8 | 776€ |
| 94 | Transjug Log02757125 · Bar | <0.1% | 100,537€ | +1,016.1% | 47,828€ | 47.6% | 1 | 305€ |
| 95 | Agencija Step02319063 · Podgorica | <0.1% | 97,988€ | +2.0% | 7,652€ | 7.8% | 4 | 1,308€ |
| 96 | Acheron03549054 · Podgorica | <0.1% | 97,125€ | -41.0% | -34,046€ | -35.1% | 5 | 1,827€ |
| 97 | Kastratović Trade03410013 · Bar | <0.1% | 95,825€ | +123.0% | 3,168€ | 3.3% | 1 | 357€ |
| 98 | Prestige Worldwide03711340 · Bar | <0.1% | 93,910€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 68,240€ | 72.7% | 2 | 662€ |
| 99 | Libra Itl03570177 · Bar | <0.1% | 93,600€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 75,367€ | 80.5% | 1 | 1,261€ |
| 100 | TLD Montenegro03351670 · Podgorica | <0.1% | 93,120€ | +48.2% | 7,539€ | 8.1% | 3 | 796€ |