Revenue
462.55m€6.0× since 2015
36.1% of sector revenue
Walter BBQ Crna Gora1.83m€ → 2.93m€
+60.1%1,822 companies earned 462.55m€ in 2025, 36.1% of Hospitality sector revenue. Revenue has grown 6.0× since 2015.
36.1% of sector revenue
551 with at most one employee
Largest employer: Panevivo (286)
Median company 1.1% · 45% 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 901–950 of 1,822
* 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 →
Totals include 174 sole proprietors: natural persons whose statements are shown only in aggregate, never by name. The company count excludes them. 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 | 76,589,621€ | 661 |
| 2016 | 90,691,225€ | 770 |
| 2017 | 110,033,852€ | 886 |
| 2018 | 117,046,919€ | 1,003 |
| 2019 | 139,481,699€ | 1,111 |
| 2020 | 87,527,626€ | 1,217 |
| 2021 | 178,116,236€ | 1,326 |
| 2022 | 278,132,866€ | 1,495 |
| 2023 | 365,111,481€ | 1,723 |
| 2024 | 406,911,791€ | 1,840 |
| 2025 (Preliminary) | 462,546,922€ | 1,822 |
Employees and payroll cost per employee per month*
<0.1% |
| 74,432€ |
| No filing for 2024. |
| -20,034€ |
| -26.9% |
| 5 |
| 792€ |
| 903 | Selinsezer03584798 · Budva | <0.1% | 74,174€ | +362.8% | 1,794€ | 2.4% | 2 | 804€ |
| 904 | Ratatui03438252 · Herceg Novi | <0.1% | 73,719€ | +54.8% | -14,245€ | -19.3% | 3 | 615€ |
| 905 | Lanček03630145 · Cetinje | <0.1% | 73,604€ | +124.0% | -5,661€ | -7.7% | 1 | 770€ |
| 906 | Adam & Eva03647609 · Herceg Novi | <0.1% | 73,467€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -45,944€ | -62.5% | 5 | 596€ |
| 907 | Poslastičarnica Montenegro -M03046508 · Budva | <0.1% | 73,016€ | +38.0% | -15,798€ | -21.6% | 2 | 1,066€ |
| 908 | Food & Beverage03400786 · Budva | <0.1% | 72,658€ | +90.1% | 18,606€ | 25.6% | 4 | 377€ |
| 909 | K&E Monte Group03640914 · Budva | <0.1% | 72,557€ | +0.2% | -8,029€ | -11.1% | 2 | 766€ |
| 910 | Eraresto03725090 · Podgorica | <0.1% | 72,536€ | No filing for 2024. | -11,583€ | -16.0% | 0 | — |
| 911 | Val - Spič03258793 · Bar | <0.1% | 71,616€ | +15.1% | 441€ | 0.6% | 3 | 672€ |
| 912 | Gor Pont03363236 · Budva | <0.1% | 71,596€ | +28.8% | 5,494€ | 7.7% | 3 | 833€ |
| 913 | Demmi Team03731600 · Podgorica | <0.1% | 71,276€ | No filing for 2024. | -4,856€ | -6.8% | 3 | 538€ |
| 914 | B & o Co03512231 · Kotor | <0.1% | 71,229€ | -8.7% | -5,198€ | -7.3% | 2 | 675€ |
| 915 | Te Ortaket03237567 · Ulcinj | <0.1% | 71,086€ | -13.3% | 2,514€ | 3.5% | 2 | 970€ |
| 916 | Maks & Alinex03396355 · Tivat | <0.1% | 70,672€ | -10.5% | 606€ | 0.9% | 3 | 755€ |
| 917 | Portidjena Vista03643999 · Herceg Novi | <0.1% | 70,507€ | +65.2% | 6,621€ | 9.4% | 3 | 501€ |
| 918 | Pretorian03396959 · Herceg Novi | <0.1% | 70,069€ | -4.3% | 895€ | 1.3% | 5 | 412€ |
| 919 | Vertigo Company03350185 · Budva | <0.1% | 68,657€ | +131.4% | 1,786€ | 2.6% | 3 | 592€ |
| 920 | Adi02934728 · Pljevlja | <0.1% | 68,607€ | +12.9% | 944€ | 1.4% | 4 | 664€ |
| 921 | Amadeus SM02863669 · Plav | <0.1% | 68,231€ | -14.6% | -8,537€ | -12.5% | 4 | 1,090€ |
| 922 | 4 Vino03623548 · Podgorica | <0.1% | 67,795€ | +747.4% | -62,820€ | -92.7% | 5 | 810€ |
| 923 | Mateo-Teo03691772 · Tuzi | <0.1% | 67,780€ | +203.5% | 66€ | 0.1% | 3 | 541€ |
| 924 | Tomo Trade03004791 · Podgorica | <0.1% | 67,690€ | +108.5% | 20,805€ | 30.7% | 2 | 820€ |
| 925 | Amas Holding03350851 · Bar | <0.1% | 66,268€ | -3.3% | 3,310€ | 5.0% | 3 | 891€ |
| 926 | The Sons03501531 · Bar | <0.1% | 66,069€ | -29.1% | 405€ | 0.6% | 6 | 653€ |
| 927 | Sanami03195350 · Berane | <0.1% | 65,714€ | +26.2% | 7,034€ | 10.7% | 2 | 1,089€ |
| 928 | Restoran Han03388310 · Bijelo Polje | <0.1% | 65,610€ | -20.4% | -49,636€ | -75.7% | 6 | 674€ |
| 929 | M&M Holdings03767078 · Herceg Novi | <0.1% | 65,590€ | No filing for 2024. | 2,115€ | 3.2% | 2 | 914€ |
| 930 | Monte River02689421 · Podgorica | <0.1% | 65,452€ | -33.5% | 4,223€ | 6.5% | 5 | 322€ |
| 931 | Luminous Software03337375 · Podgorica | <0.1% | 65,103€ | +449.0% | -19,367€ | -29.7% | 7 | — |
| 932 | Koliba JM03479323 · Kolašin | <0.1% | 64,860€ | +8.0% | -814€ | -1.3% | 3 | 775€ |
| 933 | Speedster02977435 · Budva | <0.1% | 64,418€ | -21.4% | -50,749€ | -78.8% | 7 | 799€ |
| 934 | Deta-96903658350 · Budva | <0.1% | 63,700€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 20,354€ | 32.0% | 2 | — |
| 935 | Tremolo03699781 · Nikšić | <0.1% | 63,284€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -104,075€ | -164.5% | 7 | 1,149€ |
| 936 | Chili Grill02940230 · Danilovgrad | <0.1% | 63,257€ | +7.8% | 9,151€ | 14.5% | 2 | 901€ |
| 937 | Ravenite03290441 · Podgorica | <0.1% | 63,131€ | +13.6% | -10,097€ | -16.0% | 3 | 697€ |
| 938 | VD Design Professional03288510 · Bar | <0.1% | 63,031€ | -26.9% | 9,750€ | 15.5% | 3 | 508€ |
| 939 | White Lotus03692434 · Budva | <0.1% | 62,820€ | No filing for 2024. | -20,879€ | -33.2% | 2 | 483€ |
| 940 | Winter Flower03531015 · Herceg Novi | <0.1% | 62,813€ | -6.8% | 2,413€ | 3.8% | 3 | 622€ |
| 941 | Repeta03582159 · Nikšić | <0.1% | 62,725€ | -6.3% | -10,587€ | -16.9% | 4 | 670€ |
| 942 | Tarkus03410501 · Budva | <0.1% | 62,348€ | -14.0% | -4,690€ | -7.5% | 4 | 720€ |
| 943 | Sweet DNG03591654 · Danilovgrad | <0.1% | 62,344€ | +47.0% | -1,537€ | -2.5% | 2 | 592€ |
| 944 | Akcija Tri03251136 · Bijelo Polje | <0.1% | 62,288€ | -5.2% | -31,862€ | -51.2% | 4 | 735€ |
| 945 | Nikomd03648303 · Budva | <0.1% | 62,150€ | -12.0% | -2,067€ | -3.3% | 3 | 738€ |
| 946 | Samardžić Plus02855267 · Kotor | <0.1% | 61,904€ | -4.5% | 15,981€ | 25.8% | 1 | 846€ |
| 947 | Miramonte Gardens02634210 · Budva | <0.1% | 60,907€ | +1.0% | -3,349€ | -5.5% | 4 | 662€ |
| 948 | Lanee Trade03176096 · Petnjica | <0.1% | 60,473€ | +17.1% | -2,971€ | -4.9% | 4 | 935€ |
| 949 | Barbun02835428 · Budva | <0.1% | 60,447€ | -14.0% | -29,791€ | -49.3% | 2 | 1,184€ |
| 950 | Simovic G & J03066037 · Berane | <0.1% | 60,428€ | +2.3% | -696€ | -1.2% | 3 | 989€ |