date not publishedUTU issuedInvestorUTU
Hotelska grupa BUDVANSKA RIVIJERA AD
06-333-25-6213
hotel
National sources · Matched: BUDVANSKA RIVIJERA AD
Budvanska Rivijera
Active · Joint-stock companyHOTELSKA GRUPA "BUDVANSKA RIVIJERA" A.D. - BUDVA
5510 · Hotels and similar accommodationBudvaFounded 2002
Account not blockedNot on tax debtor listsFilings completeNot in bankruptcy or liquidationCourt data not available
Key figures
2025
Total revenue · 2015–2025
29.7m€2025. · +8.3% vs 2024
Click or tap a year to see its figures; drag across the chart to preview. Source: Tax Administration (IRMS) income statements.
Market position
By revenue · 2025Similar-sized peers
- 1Portonovi Hospitality Management Company41.3m€
- 2Budvanska Rivijera29.7m€
- 3Hotels Group Montenegro Stars28.4m€
- 4Carine22.5m€
- 5Bellevue Hotels Group20.5m€
- 6Dukley Hotel15.1m€
Companies in the same activity or sector with a third to three times this company's revenue. The button next to one adds it to the comparison.
What else we know
Recent activity
All changes for this company →Event · 14 Aug 2026
Largest public payment
58.1k€
Event · 2025
Peak revenue
29.7m€
Event · 29 Jul 2022
Largest tender
32.4k€ · UPRAVA ZA INSPEKCIJSKE POSLOVE
Event · 2015
First year in BizStats data
Event · 13 Aug 2002
Registered
Akcionarsko društvo
Performance
Export CSVTotal revenue (2025)29.70m€8.3% vs PY
Profit (2025)1.50m€-62.5% vs PY
Employees (2025)6002.0% vs PY
Avg payroll cost per employee/mo (2025)1,325€0.9% vs PY
Profit margin (2025)5.0%Profit / total revenue
2025
- Total Income
- 29,700,564€
- Profit
- 1,496,420€
- Employees
- 600
- Avg payroll cost per employee/mo*
- 1,325€
- Est. net pay
- 1,100€
- Income/Employee
- 49,501€
2024
- Total Income
- 27,415,503€
- Profit
- 3,987,577€
- Employees
- 588
- Avg payroll cost per employee/mo*
- 1,313€
- Est. net pay
- 1,042€
- Income/Employee
- 46,625€
2023
- Total Income
- 24,416,873€
- Profit
- 1,916,442€
- Employees
- 595
- Avg payroll cost per employee/mo*
- 1,240€
- Est. net pay
- 977€
- Income/Employee
- 41,037€
* 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 →
Estimated net pay applies the employee deductions in force in the filing year to the avg payroll cost per employee: pension 15% (2022–2023), 13.75% (2024: 15% until September, 10% from October) or 10% (from 2025), unemployment 0.5%, income tax of 9% on the part between 700€ and 1,000€ and 15% above it, and the local surtax of the company's municipality. The base also includes employer contributions and other personnel expenses, so the estimate is an upper bound. It is not shown for years before 2022, when different rules applied.
Against the Hospitality sector · 2025
This companySector medianProfit margin
5.0%median 0.9%
5.5× the median
20152025
Payroll cost per employee/mo
1,325€median 892€
49% above the median
20152025
Revenue per employee
49,501€median 28,615€
1.7× the median
20152025
Median of 2,874 companies in the sector that filed for 2025.
Position relative to the peer group
Source and methodology: Public financial filings, CRPS, CBCG, and eKatastar where available. Revenue, profit, employees, and payroll costs come from public financial filings; average gross pay and revenue per employee are derived metrics. Rankings are calculated by total revenue for the latest visible year.
Latest filing year: 2025 · Filing listing (IRMS): 19 May 2026
Risk signals
No registry flags- Risk flag
- No
- Account blocked
- No
- Tax debtor list
- No
- Missing annual statements
- No
- Forced-liquidation risk
- No
Source data as of: CBCG 30 Sept 2026 · Tax Administration 31 Mar 2025 – 30 Sept 2025 · IRMS 19 May 2026
Source: Central Bank of Montenegro, CRTR and monthly blocked-account snapshots.
Accounts and blocks
CBCGThis company's list of open accounts is not available on BizStats at the moment. Check it in the Central Bank's official CRTR registry.
Source: Central Bank of Montenegro, CRTR and monthly blocked-account snapshots.
Check in CRTR registryOfficial CBCG account registry. Enter PIB 02005328 in the search.
Registry notices (CRPS)
1 noticeOfficial notices from the Central Business Register's notice board: voluntary liquidation decisions, shareholder-meeting calls and capital changes. Titles are shown as the filer published them.
- Shareholder meeting
ODBOR DIREKTORA OBAVJEŠTAVA AKCIONARE HOTELSKE GRUPE "BUDVANSKA RIVIJERA" AD BUDVA O IZMJENI DNEVNOG REDA 16. VANREDNE SJEDNICE SKUPŠTINE HOTELSKE GRUPE "BUDVANSKA RIVIJERA" AD BUDVA
Source: CRPS notice board (Tax Administration). BizStats links a notice to the company by the PIB in its attached document, or by name and seat. Notice board checked: 1 Nov 2026
Linked by:name without legal form
Court activity
sudovi.mesudovi.me has not been searched for this company yet (no stored results). No data here does not mean the company has no court cases.
BizStats has court data for 556 companies.Check hearings on sudovi.me
Public money
Public procurements · As supplier
64.7k€
5 contracts · 3 counterparties
State payments
314.7k€
78 payments · latest 25 Aug 2026
State contracts and payments 2025 / revenue 2025
0.8%
248,990€ in contracts signed and state payments received in 2025 · Total contracted 2022–2025: 64,706€ · Excluding pass-through payments (pensions, sick and maternity leave refunds): 452€
of which pass-through (pensions, sick and maternity leave refunds): 814€
Public contracts by year
Contract value, € thousands
- 322022: 32,371€
- 322023: 32,335€
- 02025: 0€
Contracts through 28 Jul 2025. Source: CEJN (Public Procurement Administration), matched by tax ID.
Largest contracts
- Usluge smještaja inspektora u ljetnjoj turističkoj sezoni u opštini Budva32,371€UPRAVA ZA INSPEKCIJSKE POSLOVE · 29 Jul 2022
- Usluge smještaja inspektora u ljetnjoj turističkoj sezoni u opštini Budva32,335€UPRAVA ZA INSPEKCIJSKE POSLOVE · 25 Jul 2023
Treasury payments by expense type
- Ostale usluge10 payments231.1k€
- Smjestaj na sluzbenom putovanju u zemlji47 payments77.9k€
- Sluzbena putovanja u zemlji2 payments4.1k€
- Starosna penzija18 payments · refund814€
- Ostali troskovi na sluzbenom putovanju u zemlji1 payment678€
The largest expense types by amount. Sick-leave, maternity-leave and pension-garnishment refunds are not payments for goods or services.
Contracts and tenders
- As supplier
- 5 contracts€64,706.40 contractedFull procurement profile
5 tendersSource: CEJNLinked through: 30 Oct 2026
| Tender | ||
|---|---|---|
2025-06-09Completed | Supplier Open procedure · Services · Contract 2025-07-28 · Deadline 2025-06-24 Buyer: MINISTARSTVO ZDRAVLJA Supplier: DRUŠTVO ZA PROIZVODNJU, PROMET I USLUGE "MESO-PROMET" D.O.O. BIJELO POLJE; Hotelska grupa "Budvanska rivijera" a.d. Budva | 46,281 EUR Est. value |
2025-04-23Completed | Supplier Open procedure · Services · Contract 2025-05-20 · Deadline 2025-05-09 Buyer: PORESKA UPRAVA Supplier: DRUŠTVO ZA PROIZVODNJU, PROMET I USLUGE "MESO-PROMET" D.O.O. BIJELO POLJE; Hotelska grupa "Budvanska rivijera" a.d. Budva; PIO DOO; ''TURIST NOVA'' D.O.O. ZA TURIZAM I UGOSTITELJSTVO HERCEG NOVI | 95,550 EUR Est. value |
2023-06-19Completed | Supplier Open procedure · Services · Contract 2023-07-20 · Deadline 2023-07-04 Buyer: PORESKA UPRAVA Supplier: Hotelska grupa "Budvanska rivijera" a.d. Budva | 56,379 EUR Est. value |
2023-06-07Completed | Supplier Open procedure · Services · Contract 2023-07-25 · Deadline 2023-06-23 Buyer: UPRAVA ZA INSPEKCIJSKE POSLOVE Supplier: Hotelska grupa "Budvanska rivijera" a.d. Budva | 32,335 EUR Contract value |
2025-06-09Completed
Supplier
Open procedure · Services · Contract 2025-07-28 · Deadline 2025-06-24
Buyer: MINISTARSTVO ZDRAVLJA
Supplier: DRUŠTVO ZA PROIZVODNJU, PROMET I USLUGE "MESO-PROMET" D.O.O. BIJELO POLJE; Hotelska grupa "Budvanska rivijera" a.d. Budva
46,281 EUR
Est. value
2025-04-23Completed
Supplier
Open procedure · Services · Contract 2025-05-20 · Deadline 2025-05-09
Buyer: PORESKA UPRAVA
Supplier: DRUŠTVO ZA PROIZVODNJU, PROMET I USLUGE "MESO-PROMET" D.O.O. BIJELO POLJE; Hotelska grupa "Budvanska rivijera" a.d. Budva; PIO DOO; ''TURIST NOVA'' D.O.O. ZA TURIZAM I UGOSTITELJSTVO HERCEG NOVI
95,550 EUR
Est. value
2023-06-19Completed
Supplier
Open procedure · Services · Contract 2023-07-20 · Deadline 2023-07-04
Buyer: PORESKA UPRAVA
Supplier: Hotelska grupa "Budvanska rivijera" a.d. Budva
56,379 EUR
Est. value
2023-06-07Completed
Supplier
Open procedure · Services · Contract 2023-07-25 · Deadline 2023-06-23
Buyer: UPRAVA ZA INSPEKCIJSKE POSLOVE
Supplier: Hotelska grupa "Budvanska rivijera" a.d. Budva
32,335 EUR
Contract value
Matches are based on company-name matches in imported CEJN buyers and parties; CEJN does not expose PIBs for these rows. cejn.gov.me
Linked by:PIBexact name
State payments
data.gov.me, gov.meTotal received
314,668.48€
Payments
78
Latest payment
2026-08-25
Ostale usluge
414900900010 payments231,105.44€
Smjestaj na sluzbenom putovanju u zemlji
414100130047 payments77,933.02€
Sluzbena putovanja u zemlji
41410010002 payments4,138.00€
Starosna penzija
423100100018 payments814.32€
Ostali troskovi na sluzbenom putovanju u zemlji
41410019001 payment677.70€
Source: State Treasury executed-payment ledgers from data.gov.me and gov.me. Company matching is based on payee name.
All payments to this payeeLinked by:exact namename without legal form
Ownership at a glance
CRPS · 15 Jun 2026Owners
No imported CRPS ownership rows for this company.
Budvanska Rivijera600 employees
Ownership structure
CRPSCompany
HOTELSKA GRUPA "BUDVANSKA RIVIJERA" A.D. - BUDVA
02005328
Company owners
0
Companies owned
1
linked by name (CRPS does not publish the owning company's PIB; the link uses a registered name that belongs to exactly one company.)
Company owners
No imported CRPS ownership rows for this company.
Company owns
1
TENISKI KLUB BUDVANSKA RIVIJERA - BUDVAlinked by name (CRPS does not publish the owning company's PIB; the link uses a registered name that belongs to exactly one company.)
- Relation
- Owner
- Share
- 0%
Source: CRPS persons in company and company shares, fetched 2026-06-15. Direct registry relationships only.
Authorized persons
CRPSPeople and roles in the current CRPS register. Historical financial filings do not establish current authorization.
Loading CRPS register…
Responsible persons · filing history
IRMSPersons listed as “Odgovorno lice” in financial filings, by reporting year. These are historical filing records, not confirmation of current CRPS authorization. The preparer is not shown.
- JOVAN GREGOVIĆ
Mentioned in reports: 2021–2025 Reports: 5
IRMS financial filings: years shown are reporting years, not appointment or authorization periods. Original names and source reports are preserved below.
- Source PDFJOVAN GREGOVIĆResponsible person · filing year 2025 · Filed 22 Apr 2026
- Source PDFJovan GregovićResponsible person · filing year 2024 · Filed 27 Jun 2025
- Source PDFJovan GregovićResponsible person · filing year 2023 · Filed 29 Mar 2024
- Source PDFJovan GregovićResponsible person · filing year 2022 · Filed 30 Mar 2023
- Source PDFJovan GregovićResponsible person · filing year 2021 · Filed 1 Apr 2022
- Katarina Kažanegra
Mentioned in reports: 2016–2020 Reports: 5
IRMS financial filings: years shown are reporting years, not appointment or authorization periods. Original names and source reports are preserved below.
- Source PDFKatarina KažanegraResponsible person · filing year 2020 · Filed 31 Mar 2021
- Source PDFKATARINA KAŽANEGRAResponsible person · filing year 2019 · Filed 30 Mar 2020
- Source PDFKATARINA KAŽANEGRAResponsible person · filing year 2018 · Filed 3 Jul 2019
- Source PDFKATARINA KAŽANEGRAResponsible person · filing year 2017 · Filed 29 Mar 2018
- Source PDFKATARINA KAŽANEGRAResponsible person · filing year 2016 · Filed 28 Mar 2017
- VULE TOMAŠEVIĆ
Mentioned in reports: 2015 Reports: 1
IRMS financial filings: years shown are reporting years, not appointment or authorization periods. Original names and source reports are preserved below.
- Source PDFVULE TOMAŠEVIĆResponsible person · filing year 2015 · Filed 29 Mar 2016
Real estate and projects by municipality
012–45–1920+registry records
All of Montenegro
1 municipality
- Records
- 5
- Parcels
- 20
- Buildings
- 56
1 development project
Pick a municipality on the map or in the list. Sources: Real Estate Administration (eKatastar); projects: gov.me, municipalities and the Environmental Protection Agency.
Development projects
ArchiveLinked activity
1 project
Status mix
0 approved · 0 in process · 0 rejected · 1 UTU issued
Company role
1 as investor
Places / years
Crna Gora · N/A
These are public development signals from UTU, environmental-review and chief-architect sources, not a complete building-permit record.
PDF
Linked by:name without legal form
Owned properties
5 records20 parcels56 objects3 cadastral municipalities
BEČIĆI
HOTELSKA GRUPA,, BUDVANSKA RIVIJERA,,
- LN number
- 779
- Subfolio
- N/A
- Parcels
- 1
- Objects
- 4
Rights: Svojina 1/1
Collected: 2026-06-07
PETROVAC
HOTELSKA GRUPA,, BUDVANSKA RIVIJERA,,
- LN number
- 1174
- Subfolio
- N/A
- Parcels
- 2
- Objects
- 41
Rights: Svojina 1/1
Collected: 2026-06-07
PETROVAC
HOTELSKA GRUPA,, BUDVANSKA RIVIJERA,,
- LN number
- 659
- Subfolio
- N/A
- Parcels
- 12
- Objects
- 11
Rights: Susvojina 975/1000, Svojina 1/1
Collected: 2026-06-07
SVETI STEFAN
HOTELSKA GRUPA,, BUDVANSKA RIVIJERA,,
- LN number
- 306
- Subfolio
- N/A
- Parcels
- 4
- Objects
- 0
Rights: Susvojina 1/5
Collected: 2026-06-07
SVETI STEFAN
HOTELSKA GRUPA,, BUDVANSKA RIVIJERA,,
- LN number
- 61
- Subfolio
- N/A
- Parcels
- 1
- Objects
- 0
Rights: Svojina 1/1
Collected: 2026-06-07
Source: eKatastar of Montenegro's Real Estate Administration.
How to check
The Real Estate Administration's eKatastar has no public links to individual title sheets. On ekatastar.me, choose the municipality and the cadastral municipality (KO), then enter the title sheet number (LN). The portal may ask you to sign in.
Linked by:PIB