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 1051–1100 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% |
| 41,203€ |
| +165.6% |
| 1,375€ |
| 3.3% |
| 2 |
| 509€ |
| 1053 | Rio Maja03619427 · Podgorica | <0.1% | 40,703€ | +18.1% | 1,815€ | 4.5% | 1 | 343€ |
| 1054 | Pejović Company02157179 · Herceg Novi | <0.1% | 40,589€ | +28.0% | -14,492€ | -35.7% | 3 | 628€ |
| 1055 | Kalina Mont03353389 · Ulcinj | <0.1% | 40,554€ | +11.9% | -27,795€ | -68.5% | 2 | 749€ |
| 1056 | Sailors03710173 · Budva | <0.1% | 40,459€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -30,542€ | -75.5% | 4 | 716€ |
| 1057 | Grand Central03705234 · Cetinje | <0.1% | 39,919€ | +1,007.0% | 163€ | 0.4% | 1 | 591€ |
| 1058 | Marina HN03467732 · Herceg Novi | <0.1% | 39,568€ | +0.7% | -5,889€ | -14.9% | 3 | 634€ |
| 1059 | Braća Koković03663973 · Kotor | <0.1% | 39,518€ | +8.0% | -6,881€ | -17.4% | 2 | 927€ |
| 1060 | Restoran Jokića02696096 · Nikšić | <0.1% | 39,408€ | +9.3% | -2,045€ | -5.2% | 3 | 409€ |
| 1061 | Daisy Sita03420230 · Budva | <0.1% | 39,373€ | -49.3% | -17,806€ | -45.2% | 3 | 1,182€ |
| 1062 | Le Padrino 200003661784 · Berane | <0.1% | 39,190€ | +262.8% | 5,012€ | 12.8% | 3 | 605€ |
| 1063 | Lambretta03093921 · Budva | <0.1% | 39,000€ | +13.9% | 22,752€ | 58.3% | 1 | 799€ |
| 1064 | North Coffee Shop03290166 · Budva | <0.1% | 38,587€ | -18.3% | -3,209€ | -8.3% | 2 | 911€ |
| 1065 | Kvins Company03289559 · Podgorica | <0.1% | 38,251€ | -18.9% | -21,876€ | -57.2% | 3 | 708€ |
| 1066 | The Coffee Haven03727572 · Budva | <0.1% | 38,160€ | No filing for 2024. | 607€ | 1.6% | 2 | 718€ |
| 1067 | Kaimi-0203664627 · Plužine | <0.1% | 37,999€ | +89.7% | -1,328€ | -3.5% | 3 | 629€ |
| 1068 | Ražnatović Cetinje02457679 · Cetinje | <0.1% | 37,933€ | +3.7% | 7,452€ | 19.6% | 1 | 675€ |
| 1069 | Mala Plaža02718367 · Ulcinj | <0.1% | 37,908€ | -6.1% | 4,530€ | 11.9% | 2 | 426€ |
| 1070 | Paun03127613 · Podgorica | <0.1% | 37,885€ | +109.4% | 2,792€ | 7.4% | 2 | 506€ |
| 1071 | Trojan Tours03104893 · Podgorica | <0.1% | 37,098€ | +141.6% | -20,840€ | -56.2% | 1 | 341€ |
| 1072 | N.P.A. Grupa03409627 · Bar | <0.1% | 36,354€ | +7.8% | -33,356€ | -91.8% | 3 | 576€ |
| 1073 | Pausa Lounge Caffe Bar03471284 · Berane | <0.1% | 36,345€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 6,966€ | 19.2% | 1 | 1,058€ |
| 1074 | Team Gruda03336735 · Berane | <0.1% | 36,009€ | +7.7% | 31€ | 0.1% | 2 | 1,254€ |
| 1075 | K&J Company03755282 · Ulcinj | <0.1% | 35,867€ | No filing for 2024. | -735€ | -2.0% | 6 | 349€ |
| 1076 | Marković M&M03698696 · Berane | <0.1% | 35,649€ | +1,007.5% | 2,975€ | 8.3% | 1 | 1,543€ |
| 1077 | Solletico Ink03776751 · Herceg Novi | <0.1% | 35,593€ | No filing for 2024. | 1,811€ | 5.1% | 1 | — |
| 1078 | Melux03182550 · Bijelo Polje | <0.1% | 35,154€ | +24.6% | 918€ | 2.6% | 2 | 1,263€ |
| 1079 | Obelix Company03742644 · Bar | <0.1% | 35,075€ | No filing for 2024. | -8,039€ | -22.9% | 2 | 635€ |
| 1080 | Krčma Lugovi03766845 · Berane | <0.1% | 35,017€ | No filing for 2024. | -13,223€ | -37.8% | 4 | 549€ |
| 1081 | Red Bridg03083250 · Budva | <0.1% | 34,896€ | +49.3% | -19,565€ | -56.1% | 4 | 636€ |
| 1082 | Shelter Restaurant & Bar03467236 · Podgorica | <0.1% | 34,526€ | +120.2% | 1,365€ | 4.0% | 1 | 1,729€ |
| 1083 | Sakos-Fatos02738341 · Podgorica | <0.1% | 34,362€ | +3.5% | -6,073€ | -17.7% | 3 | 641€ |
| 1084 | Zanzibar Adriatic03580059 · Kotor | <0.1% | 34,165€ | -32.2% | -64,951€ | -190.1% | 3 | 580€ |
| 1085 | I & S Tim Bilding03525198 · Ulcinj | <0.1% | 33,910€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 3,125€ | 9.2% | 5 | 342€ |
| 1086 | El Barco03745503 · Herceg Novi | <0.1% | 33,792€ | No filing for 2024. | -20,541€ | -60.8% | 2 | 673€ |
| 1087 | BD77703558126 · Budva | <0.1% | 33,634€ | +15.3% | -764€ | -2.3% | 1 | 678€ |
| 1088 | L'adovina03255905 · Herceg Novi | <0.1% | 33,605€ | +6.9% | 100€ | 0.3% | 1 | 747€ |
| 1089 | Restoran Merlin03435725 · Bar | <0.1% | 33,312€ | +14.1% | 403€ | 1.2% | 2 | 530€ |
| 1090 | Legacy Company03731081 · Berane | <0.1% | 33,300€ | No filing for 2024. | -12,544€ | -37.7% | 3 | 889€ |
| 1091 | Seoul+ Bap Box03637972 · Podgorica | <0.1% | 32,859€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -50,101€ | -152.5% | 3 | 899€ |
| 1092 | Zani03122476 · Ulcinj | <0.1% | 32,579€ | -18.2% | -530€ | -1.6% | 2 | 629€ |
| 1093 | Siari03741974 · Tuzi | <0.1% | 32,282€ | No filing for 2024. | 2,701€ | 8.4% | 1 | 1,077€ |
| 1094 | Inpensa03374351 · Berane | <0.1% | 31,861€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,638€ | -36.5% | 3 | 506€ |
| 1095 | Hurrej03251861 · Podgorica | <0.1% | 31,861€ | -14.0% | 1,576€ | 4.9% | 2 | 424€ |
| 1096 | Elmus03767981 · Cetinje | <0.1% | 31,666€ | No filing for 2024. | 2,857€ | 9.0% | 1 | 360€ |
| 1097 | Simon Group03354750 · Bijelo Polje | <0.1% | 31,481€ | -39.5% | -12,796€ | -40.6% | 3 | 1,017€ |
| 1098 | Hamburg02679230 · Bijelo Polje | <0.1% | 31,376€ | +17.2% | 882€ | 2.8% | 2 | 929€ |
| 1099 | Kangaroo02412268 · Budva | <0.1% | 31,070€ | -85.9% | -49,691€ | -159.9% | 4 | 673€ |
| 1100 | Monte Escape Village03752119 · Šavnik | <0.1% | 30,897€ | No filing for 2024. | -9,504€ | -30.8% | 2 | 770€ |