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 1101–1150 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% |
| 30,633€ |
| No filing for 2024. |
| -13,263€ |
| -43.3% |
| 5 |
| 426€ |
| 1103 | Yu-Gastro03138836 · Kotor | <0.1% | 30,461€ | -11.8% | -1,138€ | -3.7% | 1 | 799€ |
| 1104 | Maina MD-Travel03099237 · Budva | <0.1% | 30,433€ | +6.2% | 1,611€ | 5.3% | 2 | 675€ |
| 1105 | Đurđevdan-MD03425339 · Mojkovac | <0.1% | 30,336€ | +19.3% | 361€ | 1.2% | 2 | 737€ |
| 1106 | Gross Market02091682 · Podgorica | <0.1% | 30,151€ | +60.7% | 459€ | 1.5% | 1 | — |
| 1107 | Šćepi Invest03773299 · Herceg Novi | <0.1% | 30,144€ | No filing for 2024. | 4,779€ | 15.9% | 2 | — |
| 1108 | Mamma Mia03082105 · Berane | <0.1% | 30,127€ | -18.3% | -2,765€ | -9.2% | 1 | 1,630€ |
| 1109 | Šćepanović02198975 · Podgorica | <0.1% | 30,056€ | +7.6% | -137€ | -0.5% | 2 | 688€ |
| 1110 | S.A.M. Svyato03698408 · Budva | <0.1% | 30,006€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 496€ | 1.7% | 1 | 664€ |
| 1111 | A & B - Tim03373029 · Tivat | <0.1% | 29,990€ | +5.8% | -7,736€ | -25.8% | 2 | 1,396€ |
| 1112 | DPD Fargo03247775 · Podgorica | <0.1% | 29,973€ | +4.0% | 279€ | 0.9% | 1 | — |
| 1113 | Faro Commerce02127512 · Podgorica | <0.1% | 29,936€ | -2.1% | -1,111€ | -3.7% | 2 | 494€ |
| 1114 | Vlad Dey03353826 · Podgorica | <0.1% | 29,788€ | +2.5% | 4,305€ | 14.5% | 2 | 826€ |
| 1115 | Nane Plus03278417 · Berane | <0.1% | 29,624€ | +6.7% | 3,301€ | 11.1% | 2 | 938€ |
| 1116 | Nena Group03353222 · Bijelo Polje | <0.1% | 29,598€ | +134.1% | 2,707€ | 9.1% | 2 | 837€ |
| 1117 | S&M Fantazija03274985 · Bijelo Polje | <0.1% | 29,512€ | -42.9% | -14,176€ | -48.0% | 4 | 851€ |
| 1118 | Pekofi03682269 · Podgorica | <0.1% | 29,416€ | +141.8% | -3,422€ | -11.6% | 3 | 565€ |
| 1119 | Eks 203570983 · Berane | <0.1% | 29,392€ | +79.7% | -20,769€ | -70.7% | 3 | 1,160€ |
| 1120 | Staro Ognjište03313930 · Kolašin | <0.1% | 29,366€ | -83.6% | -32,563€ | -110.9% | 3 | 475€ |
| 1121 | LD-Lučka03644383 · Pljevlja | <0.1% | 28,959€ | +65.2% | -5,141€ | -17.8% | 3 | 468€ |
| 1122 | Gabela03533794 · Kotor | <0.1% | 28,951€ | -42.5% | -10,315€ | -35.6% | 2 | 687€ |
| 1123 | Morea 199003259404 · Ulcinj | <0.1% | 28,919€ | +0.2% | -8,777€ | -30.4% | 2 | 721€ |
| 1124 | Dubirog Perović03139255 · Andrijevica | <0.1% | 28,817€ | +71.5% | -10,308€ | -35.8% | 3 | 634€ |
| 1125 | MR Bin03421759 · Herceg Novi | <0.1% | 28,720€ | -11.0% | -26,231€ | -91.3% | 2 | 411€ |
| 1126 | Mama Nature03631001 · Bar | <0.1% | 28,699€ | +122.9% | -16,060€ | -56.0% | 2 | 876€ |
| 1127 | Black Hills Susanj03484602 · Bar | <0.1% | 28,676€ | +163.0% | 4,264€ | 14.9% | 1 | 1,348€ |
| 1128 | Rio MD03790215 · Budva | <0.1% | 28,610€ | No filing for 2024. | -11,723€ | -41.0% | 1 | 1,134€ |
| 1129 | Ssa Monte03351963 · Podgorica | <0.1% | 28,556€ | -43.8% | -69,142€ | -242.1% | 1 | 1,197€ |
| 1130 | Optymal Choice03514820 · Herceg Novi | <0.1% | 28,540€ | +190.2% | 15,807€ | 55.4% | 1 | 864€ |
| 1131 | Tramonto03125688 · Herceg Novi | <0.1% | 28,298€ | +31.0% | 305€ | 1.1% | 2 | 531€ |
| 1132 | Big Bite03628027 · Nikšić | <0.1% | 28,216€ | +31.2% | -1,045€ | -3.7% | 3 | 549€ |
| 1133 | Evecen03616746 · Zeta | <0.1% | 28,165€ | +41.8% | -16,702€ | -59.3% | 3 | 733€ |
| 1134 | Kumpir House03672158 · Podgorica | <0.1% | 28,121€ | +206.2% | -44,837€ | -159.4% | 2 | 540€ |
| 1135 | Minis Mne03133974 · Bar | <0.1% | 27,465€ | +79.9% | 1,133€ | 4.1% | 2 | 373€ |
| 1136 | Kraljević MK03680541 · Budva | <0.1% | 27,334€ | +665.0% | -6,391€ | -23.4% | 2 | 724€ |
| 1137 | SND Plus03125491 · Bar | <0.1% | 27,283€ | +3.7% | -20,560€ | -75.4% | 3 | 675€ |
| 1138 | Ukropina03684016 · Herceg Novi | <0.1% | 27,282€ | +67.2% | -9,253€ | -33.9% | 2 | 734€ |
| 1139 | Efović Company03752402 · Bar | <0.1% | 27,267€ | No filing for 2024. | -6,664€ | -24.4% | 2 | 537€ |
| 1140 | 3 M D03484700 · Nikšić | <0.1% | 26,958€ | +127.9% | 6,061€ | 22.5% | 2 | 519€ |
| 1141 | Subić Family03046010 · Herceg Novi | <0.1% | 26,587€ | -45.9% | 2,331€ | 8.8% | 2 | 397€ |
| 1142 | Immo Adrija03411753 · Ulcinj | <0.1% | 26,550€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -3,706€ | -14.0% | 1 | 1,385€ |
| 1143 | PLM Group03495388 · Budva | <0.1% | 26,531€ | +51.0% | 1,023€ | 3.9% | 1 | 1,941€ |
| 1144 | Moj San03445747 · Andrijevica | <0.1% | 26,345€ | +91.2% | -15,317€ | -58.1% | 3 | 792€ |
| 1145 | Visnjevall03539199 · Budva | <0.1% | 26,341€ | -60.8% | -17,431€ | -66.2% | 2 | 661€ |
| 1146 | Monte Medo03490629 · Bar | <0.1% | 26,292€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,943€ | -34.0% | 3 | 462€ |
| 1147 | S&M Srđan02756498 · Tivat | <0.1% | 26,244€ | +30.0% | 3,523€ | 13.4% | 1 | 842€ |
| 1148 | DŽNS03167216 · Bijelo Polje | <0.1% | 26,219€ | +15.6% | 3,002€ | 11.4% | 3 | 419€ |
| 1149 | M9 Management03274926 · Podgorica | <0.1% | 26,159€ | +74.4% | -4,151€ | -15.9% | 1 | 1,227€ |
| 1150 | Um Company02828448 · Podgorica | <0.1% | 26,134€ | -4.0% | -11,486€ | -44.0% | 2 | 804€ |