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 1401–1450 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% |
| 615€ |
| -46.2% |
| -7,737€ |
| Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. |
| 1 |
| 678€ |
| 1403 | Boreas03087522 · Kotor | <0.1% | 602€ | +45.8% | -37,610€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 823€ |
| 1404 | Ponte Di Ulcini03023010 · Ulcinj | <0.1% | 497€ | +6.9% | -7,641€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 675€ |
| 1405 | Cooling and Heating02973065 · Budva | <0.1% | 496€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -13,691€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 929€ |
| 1406 | Pro-Aqua Montenegro02423022 · Budva | <0.1% | 441€ | -99.9% | -14,867€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 2 | 456€ |
| 1407 | <0.1% | 437€ | -98.5% | -4,181€ | -956.8% | 1 | — |
| 1408 | Meraki Foods03782263 · Podgorica | <0.1% | 370€ | No filing for 2024. | 0€ | 0.0% | 1 | — |
| 1409 | Brzulović03088316 · Budva | <0.1% | 363€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,730€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 670€ |
| 1410 | LP Gastronomica03669106 · Cetinje | <0.1% | 361€ | +179.8% | -1,113€ | -308.3% | 1 | — |
| 1411 | El Paradiso Investments03394026 · Tivat | <0.1% | 337€ | -91.1% | -9,768€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 677€ |
| 1412 | Leon Trade03402053 · Bar | <0.1% | 330€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,239€ | -678.5% | 2 | — |
| 1413 | Peron 903557316 · Herceg Novi | <0.1% | 309€ | -93.8% | -5,310€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 338€ |
| 1414 | D&D Kardesler03519066 · Budva | <0.1% | 200€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -14,487€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 1,082€ |
| 1415 | Maya&Ali03601803 · Podgorica | <0.1% | 180€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -12,778€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 2 | 523€ |
| 1416 | Nani Lux03420655 · Ulcinj | <0.1% | 165€ | -99.9% | -19,113€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 4 | 384€ |
| 1417 | Globexco03649245 · Ulcinj | <0.1% | 124€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -17,180€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 2 | 686€ |
| 1418 | Čelebić Recreativo02878780 · Podgorica | <0.1% | 117€ | -99.9% | -32,408€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | — |
| 1419 | Langust02418851 · Budva | <0.1% | 106€ | -100.0% | -85,256€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 5 | 1,095€ |
| 1420 | Destiz02981700 · Herceg Novi | <0.1% | 69€ | -100.0% | -17,109€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 1,080€ |
| 1421 | Stefandro02875349 · Ulcinj | <0.1% | 64€ | -100.0% | -25,094€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 678€ |
| 1422 | Pinokio02376296 · Podgorica | <0.1% | 62€ | -99.9% | -27,910€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 683€ |
| 1423 | Prana Pizza03697410 · Budva | <0.1% | 14€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -10,267€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 678€ |
| 1424 | Baza03187179 · Budva | <0.1% | 4€ | No filing for 2024. | -16,575€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 590€ |
| 1425 | Larisa Company02950146 · Tivat | <0.1% | 2€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -19,729€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 2 | 678€ |
| 1426 | Mediterranean Hospitality Solutions Bureau03352331 · Bar | <0.1% | 2€ | -100.0% | -19,455€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 475€ |
| 1427 | Đinobili03612139 · Podgorica | <0.1% | 1€ | -100.0% | 0€ | 0.0% | 1 | — |
| 1428 | Đomex02839962 · Kotor | <0.1% | 1€ | -100.0% | -8,278€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 678€ |
| 1429 | Kan Montenegro03739058 · Podgorica | <0.1% | 1€ | No filing for 2024. | -277,507€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 12 | 977€ |
| 1430 | Mia Concept03810917 · Podgorica | <0.1% | 1€ | No filing for 2024. | -87€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | — |
| 1431 | Zana Worldwide03695131 · Bar | <0.1% | 1€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,145€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 675€ |
| 1432 | 6 Novembar02245370 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,141€ | — | 1 | 674€ |
| 1433 | Accent Restaurant03751961 · Budva | 0.0% | 0€ | No filing for 2024. | -5,463€ | — | 1 | 454€ |
| 1434 | Accio03793443 · Podgorica | 0.0% | 0€ | No filing for 2024. | -4,597€ | — | 1 | — |
| 1435 | Adeptio03803007 · Budva | 0.0% | 0€ | No filing for 2024. | -1,361€ | — | 0 | — |
| 1436 | Aesha03289052 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,052€ | — | 1 | — |
| 1437 | S T A D i o N02021226 · Berane | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,644€ | — | 1 | 642€ |
| 1438 | Alavie Group03684814 · Tivat | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -10,773€ | — | 1 | 773€ |
| 1439 | Al-Nahda LLC03581306 · Budva | 0.0% | 0€ | -100.0% | 0€ | — | — | — |
| 1440 | Amar D03353621 · Rožaje | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,051€ | — | 1 | 338€ |
| 1441 | Andrej Junior03378675 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,143€ | — | 1 | 679€ |
| 1442 | Asllani Company03801411 · Ulcinj | 0.0% | 0€ | No filing for 2024. | -1,565€ | — | 1 | — |
| 1443 | Ates Organization03621995 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,925€ | — | 1 | 678€ |
| 1444 | Aytekin Company Mne03770834 · Budva | 0.0% | 0€ | No filing for 2024. | -554€ | — | 2 | — |
| 1445 | Baker Street03541339 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,204€ | — | 1 | 678€ |
| 1446 | Baroni Com03076130 · Ulcinj | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -38,056€ | — | 1 | 678€ |
| 1447 | B.Equine03170683 · Podgorica | 0.0% | 0€ | -100.0% | -14,579€ | — | 1 | 919€ |
| 1448 | Bir'iz Group Company03732991 · Budva | 0.0% | 0€ | No filing for 2024. | -6,019€ | — | 0 | — |
| 1449 | Bosmuju03736822 · Budva | 0.0% | 0€ | No filing for 2024. | -22,452€ | — | 1 | 1,027€ |
| 1450 | Bosphore03414493 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,012€ | — | 1 | — |