Luštica Development
"LUŠTICA DEVELOPMENT"AD TIVAT
Luštica Development is a registered company in Montenegro. For 2025, BizStats shows total revenue of 90,337,909€, profit of 567,017€, and 116 employees. PIB is 02744597; municipality Tivat; activity Hoteli i sličan smještaj. Source: official public registries and financial filings.
- PIB
- 02744597
- Activity
- 5510 · Hoteli i sličan smještaj
- Municipality
- Tivat
- Official filing
- 2025 · PDF ↗
Buy for €5 · Financial, risk and procurement dossier
Market position
Growth
Revenue CAGR
+17.8%
Employee CAGR
+14.9%
Compound annual growth, 2015–2025
Efficiency
Income/Employee778.8k€Sector median: 30.6k€
Profit margin0.6%Sector median: 1.1%
Avg gross pay*5.2k€
Salaries
2025Avg gross pay*
5,223€
Est. net pay
3,928€
Sector median892€+486%
Municipality median1,116€+368%
Gross pay; medians cover companies with at least 5 employees.
Performance
Export CSVTotal revenue (2025)90.34m€13.0% vs PY
Profit (2025)567,017€-93.8% vs PY
Employees (2025)116-1.7% vs PY
Avg gross pay (2025)5,223€-12.2% vs PY
Profit margin (2025)0.6%Profit / total revenue
2015
- Total Income
- 17,590,230€
- Profit
- -470,288€
- Employees
- 29
- Avg gross pay*
- 949€
- Est. net pay
- 824€
- Income/Employee
- 606,560€
2016
- Total Income
- 202,666€
- Profit
- -2,007,371€
- Employees
- 36
- Avg gross pay*
- 1,497€
- Est. net pay
- 1,225€
- Income/Employee
- 5,630€
2017
- Total Income
- 19,223,405€
- Profit
- -2,160,888€
- Employees
- 47
- Avg gross pay*
- 2,135€
- Est. net pay
- 1,688€
- Income/Employee
- 409,009€
2018
- Total Income
- 33,289,973€
- Profit
- -1,971,799€
- Employees
- 88
- Avg gross pay*
- 2,691€
- Est. net pay
- 2,091€
- Income/Employee
- 378,295€
2019
- Total Income
- 27,546,333€
- Profit
- -1,598,656€
- Employees
- 97
- Avg gross pay*
- 2,456€
- Est. net pay
- 1,921€
- Income/Employee
- 283,983€
2020
- Total Income
- 16,902,628€
- Profit
- -4,784,034€
- Employees
- 62
- Avg gross pay*
- 4,085€
- Est. net pay
- 3,103€
- Income/Employee
- 272,623€
2021
- Total Income
- 32,337,260€
- Profit
- -12,837€
- Employees
- 70
- Avg gross pay*
- 3,510€
- Est. net pay
- 2,685€
- Income/Employee
- 461,961€
2022
- Total Income
- 36,112,637€
- Profit
- 1,513,072€
- Employees
- 82
- Avg gross pay*
- 3,638€
- Est. net pay
- 2,778€
- Income/Employee
- 440,398€
2023
- Total Income
- 54,675,604€
- Profit
- 3,740,113€
- Employees
- 93
- Avg gross pay*
- 4,489€
- Est. net pay
- 3,396€
- Income/Employee
- 587,910€
2024
- Total Income
- 79,955,659€
- Profit
- 9,125,816€
- Employees
- 118
- Avg gross pay*
- 5,949€
- Est. net pay
- 4,455€
- Income/Employee
- 677,590€
2025
- Total Income
- 90,337,909€
- Profit
- 567,017€
- Employees
- 116
- Avg gross pay*
- 5,223€
- Est. net pay
- 3,928€
- Income/Employee
- 778,775€
* Avg gross pay is an estimate calculated from financial-statement personnel-cost figures; source inaccuracies and non-salary personal expenses can make it vary significantly.
Estimated net pay applies current Montenegro employee payroll deductions to the avg gross pay value: employee PIO 10%, unemployment 0.5%, progressive PIT, and local surtax using the company municipality as a proxy for employee domicile.
BizStats Stability Rating
Timeline
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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 · Updated: 2026-06-04 · Open IRMS PDF