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 1301–1350 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% |
| 8,058€ |
| No filing for 2024. |
| 6,953€ |
| 86.3% |
| 1 |
| — |
| 1303 | Unbreakable Space03446549 · Herceg Novi | <0.1% | 7,940€ | +931.2% | -1,389€ | -17.5% | 1 | 677€ |
| 1304 | MIG...MIG...03157539 · Pljevlja | <0.1% | 7,860€ | +4.0% | -1,512€ | -19.2% | 1 | 677€ |
| 1305 | MXM Group03774058 · Kotor | <0.1% | 7,761€ | No filing for 2024. | -453€ | -5.8% | 2 | — |
| 1306 | Kirill Montenegro03509273 · Tivat | <0.1% | 7,754€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -45,603€ | -588.1% | 3 | 665€ |
| 1307 | Donart03645436 · Bar | <0.1% | 7,702€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -442€ | -5.7% | 1 | 675€ |
| 1308 | MT03783774 · Bar | <0.1% | 7,636€ | No filing for 2024. | -756€ | -9.9% | 1 | 427€ |
| 1309 | Picasso Brza Hrana03730891 · Kotor | <0.1% | 7,494€ | No filing for 2024. | -45,618€ | -608.7% | 0 | — |
| 1310 | Alek Lux03771458 · Ulcinj | <0.1% | 7,438€ | No filing for 2024. | 171€ | 2.3% | 1 | — |
| 1311 | LS Ojdanić Plus03744159 · Berane | <0.1% | 7,211€ | No filing for 2024. | -10,727€ | -148.8% | 1 | 1,314€ |
| 1312 | Suvolta Montenegro03506967 · Budva | <0.1% | 7,148€ | -53.8% | -16,505€ | -230.9% | 3 | 470€ |
| 1313 | Koff03230848 · Herceg Novi | <0.1% | 7,042€ | -96.1% | -33,442€ | -474.9% | 1 | 797€ |
| 1314 | Summers Corner03699994 · Budva | <0.1% | 6,800€ | No filing for 2024. | -2,371€ | -34.9% | 0 | — |
| 1315 | B&G Golf03750493 · Podgorica | <0.1% | 6,667€ | No filing for 2024. | -2,081€ | -31.2% | 2 | — |
| 1316 | Humska03785009 · Danilovgrad | <0.1% | 6,374€ | No filing for 2024. | -10,291€ | -161.5% | 3 | — |
| 1317 | Kumarica03465691 · Budva | <0.1% | 6,109€ | -82.4% | -11,573€ | -189.4% | 2 | 480€ |
| 1318 | Buonumore03551890 · Tivat | <0.1% | 5,950€ | +71.5% | -2,337€ | -39.3% | 1 | 676€ |
| 1319 | Gril Montenegrino03292746 · Nikšić | <0.1% | 5,875€ | +39.7% | -16,501€ | -280.9% | 4 | — |
| 1320 | V&V Fast Food03332322 · Cetinje | <0.1% | 5,769€ | +41.9% | -3,227€ | -55.9% | 1 | 667€ |
| 1321 | Crispy Food House03796558 · Bar | <0.1% | 5,735€ | No filing for 2024. | -1,868€ | -32.6% | 1 | — |
| 1322 | Flamingo Lea03594386 · Cetinje | <0.1% | 5,697€ | +706.9% | 196€ | 3.4% | 1 | — |
| 1323 | Mese Ucum03581179 · Podgorica | <0.1% | 5,573€ | -74.8% | -17,900€ | -321.2% | 1 | 1,926€ |
| 1324 | Gajeta03091201 · Budva | <0.1% | 5,562€ | -98.0% | -16,372€ | -294.4% | 3 | 563€ |
| 1325 | HBC03622991 · Podgorica | <0.1% | 5,552€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,971€ | -215.6% | 1 | 1,110€ |
| 1326 | Havana Corporation03780988 · Podgorica | <0.1% | 5,525€ | No filing for 2024. | -2,417€ | -43.7% | 1 | — |
| 1327 | Gustus03435873 · Podgorica | <0.1% | 5,500€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,518€ | -82.1% | 1 | 675€ |
| 1328 | Mistra02153122 · Bar | <0.1% | 5,363€ | -25.6% | 613€ | 11.4% | 1 | — |
| 1329 | Mija02764636 · Herceg Novi | <0.1% | 5,120€ | +74.4% | -9,838€ | -192.1% | 2 | 503€ |
| 1330 | Novilife03023699 · Herceg Novi | <0.1% | 5,026€ | -34.6% | -22,379€ | -445.3% | 2 | 678€ |
| 1331 | Perlastr Group and Trading03699510 · Budva | <0.1% | 5,000€ | No filing for 2024. | -2,642€ | -52.8% | 1 | 621€ |
| 1332 | Wonderfever03586952 · Podgorica | <0.1% | 4,920€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -13,466€ | -273.7% | 2 | 760€ |
| 1333 | SGMB Company03464156 · Herceg Novi | <0.1% | 4,899€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -5,598€ | -114.3% | 1 | 678€ |
| 1334 | Dimisof03793435 · Herceg Novi | <0.1% | 4,867€ | No filing for 2024. | -678€ | -13.9% | 2 | — |
| 1335 | B&D Restaurants03407861 · Tivat | <0.1% | 4,800€ | -95.2% | -17,177€ | -357.9% | 1 | 1,481€ |
| 1336 | Sutorina Company03414256 · Herceg Novi | <0.1% | 4,800€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,226€ | -171.4% | 1 | 927€ |
| 1337 | Primus Investments03287351 · Podgorica | <0.1% | 4,796€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -6,309€ | -131.5% | 1 | — |
| 1338 | Ausmont Grupa03342808 · Podgorica | <0.1% | 4,791€ | -66.1% | -5,539€ | -115.6% | 1 | 359€ |
| 1339 | Tatjana Family03442314 · Herceg Novi | <0.1% | 4,770€ | +178.9% | -13,808€ | -289.5% | 1 | 1,421€ |
| 1340 | L&K03371204 · Podgorica | <0.1% | 4,721€ | -10.1% | -1,910€ | -40.5% | 1 | — |
| 1341 | Tigris02789485 · Herceg Novi | <0.1% | 4,680€ | -29.8% | -13,589€ | -290.4% | 2 | 497€ |
| 1342 | D S Tajna03806677 · Budva | <0.1% | 4,642€ | No filing for 2024. | 1,551€ | 33.4% | 1 | — |
| 1343 | Vila Sloboda03712508 · Berane | <0.1% | 4,641€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,122€ | -175.0% | 1 | 1,058€ |
| 1344 | Darma Lux02999773 · Budva | <0.1% | 4,631€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -28,576€ | -617.1% | 1 | 338€ |
| 1345 | Fiore Di Mare03076121 · Ulcinj | <0.1% | 4,600€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -270€ | -5.9% | 1 | — |
| 1346 | Naja Company03094677 · Podgorica | <0.1% | 4,594€ | -11.7% | -2,268€ | -49.4% | 2 | — |
| 1347 | Kod Dede03800954 · Bar | <0.1% | 4,425€ | No filing for 2024. | -3,102€ | -70.1% | 2 | — |
| 1348 | Ferideina Kuhinja03722295 · Podgorica | <0.1% | 4,424€ | No filing for 2024. | -3,645€ | -82.4% | 1 | 663€ |
| 1349 | Luiggi Company03249328 · Kolašin | <0.1% | 4,363€ | -90.9% | -14,111€ | -323.4% | 2 | 428€ |
| 1350 | Moja Plava03552187 · Budva | <0.1% | 4,284€ | -70.1% | -8,433€ | -196.8% | 1 | 677€ |