Revenue
1.4% of sector revenue
157 companies earned 18.35m€ in 2025, 1.4% of Hospitality sector revenue. Revenue has grown 6.0× since 2015.
1.4% of sector revenue
53 with at most one employee
Largest employer: Viktoria Montefood (18)
Median company 0.3% · 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
Employees and payroll cost per employee per month*
Ranked by total revenue · Showing 101–150 of 157
* 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 18 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 | 3,064,613€ | 51 |
| 2016 | 3,873,732€ | 68 |
| 2017 | 4,307,186€ | 74 |
| 2018 | 5,826,503€ | 91 |
| 2019 | 6,795,106€ | 101 |
| 2020 | 5,093,737€ | 100 |
| 2021 | 8,131,415€ | 123 |
| 2022 | 12,011,411€ | 138 |
| 2023 | 16,521,835€ | 155 |
| 2024 | 16,922,810€ | 156 |
| 2025 (Preliminary) | 18,350,321€ | 157 |
The number of companies jumped most in 2016: from 51 to 68.
0.1% |
| 22,009€ |
| No filing for 2024. |
| 1,453€ |
| 6.6% |
| 2 |
| 540€ |
| 103 | Olive Queen03371778 · Bar | 0.1% | 21,871€ | +100.2% | 1,217€ | 5.6% | 1 | 685€ |
| 104 | Boni Company03192598 · Herceg Novi | 0.1% | 21,086€ | -22.4% | -10,105€ | -47.9% | 2 | 653€ |
| 105 | D-Prom03347079 · Nikšić | 0.1% | 20,855€ | -39.6% | -10,696€ | -51.3% | 3 | 559€ |
| 106 | Roštilj Montenegrino03791530 · Nikšić | 0.1% | 20,199€ | No filing for 2024. | -2,355€ | -11.7% | 4 | — |
| 107 | TGT03272559 · Podgorica | 0.1% | 18,417€ | +11.3% | 1,118€ | 6.1% | 2 | 487€ |
| 108 | Baki & Dejo03320707 · Podgorica | <0.1% | 18,182€ | +31.4% | 678€ | 3.7% | 2 | 420€ |
| 109 | Melaya 160003665771 | <0.1% | 18,060€ | +70.6% | -12,608€ | -69.8% | 3 | 845€ |
| 110 | Rola03791599 · Podgorica | <0.1% | 16,373€ | No filing for 2024. | 2,606€ | 15.9% | 2 | — |
| 111 | Fast Food Bereket03647382 · Rožaje | <0.1% | 15,157€ | +178.1% | -5,676€ | -37.4% | 2 | 723€ |
| 112 | Taste Food03684601 · Podgorica | <0.1% | 14,202€ | +221.1% | -8,320€ | -58.6% | 1 | 593€ |
| 113 | Mix-503213544 · Berane | <0.1% | 12,085€ | +17.4% | -2,203€ | -18.2% | 1 | 676€ |
| 114 | Bistro Berane03405907 · Berane | <0.1% | 11,766€ | -56.2% | -18,284€ | -155.4% | 4 | 623€ |
| 115 | Montenegro Grill M&V03782662 · Cetinje | <0.1% | 11,357€ | No filing for 2024. | 0€ | 0.0% | 2 | — |
| 116 | Karela03349837 · Bar | <0.1% | 8,646€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -19,596€ | -226.6% | 1 | 1,143€ |
| 117 | MY Mija03598764 · Podgorica | <0.1% | 8,578€ | +15.8% | -13,869€ | -161.7% | 1 | 1,007€ |
| 118 | Drafil 2303520234 · Podgorica | <0.1% | 8,478€ | +1,862.5% | -13,955€ | -164.6% | 1 | 1,226€ |
| 119 | Marinada03780813 · Cetinje | <0.1% | 7,588€ | No filing for 2024. | 0€ | 0.0% | 1 | — |
| 120 | Laav03408175 · Herceg Novi | <0.1% | 7,424€ | +179.7% | -924€ | -12.4% | 1 | 690€ |
| 121 | Čorbica03463214 · Nikšić | <0.1% | 7,072€ | -59.3% | -13,093€ | -185.1% | 1 | 787€ |
| 122 | Platon Dev03423204 · Budva | <0.1% | 6,809€ | -28.1% | -2,876€ | -42.2% | 1 | 801€ |
| 123 | Amma 202203412296 · Podgorica | <0.1% | 6,117€ | -5.8% | -1,339€ | -21.9% | 1 | — |
| 124 | Vidikovac Tours02776774 · Kolašin | <0.1% | 5,645€ | +0.4% | -2,181€ | -38.6% | 1 | — |
| 125 | Božena03670546 · Budva | <0.1% | 3,908€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,071€ | -53.0% | 1 | — |
| 126 | Mini Grill03078833 · Bijelo Polje | <0.1% | 3,796€ | +246.4% | 608€ | 16.0% | 1 | — |
| 127 | Gluten Morgen03669394 · Cetinje | <0.1% | 3,026€ | -54.5% | -5,387€ | -178.0% | 2 | — |
| 128 | Baba Ganus03090116 · Podgorica | <0.1% | 2,733€ | -81.3% | -1,763€ | -64.5% | 1 | — |
| 129 | E Bianchina Holdings03533999 · Budva | <0.1% | 2,480€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -5,787€ | -233.3% | 1 | 678€ |
| 130 | Bayko Company03485579 · Podgorica | <0.1% | 1,312€ | -98.2% | -1,309€ | -99.8% | 1 | — |
| 131 | Stem Imperija03803058 · Podgorica | <0.1% | 1,124€ | No filing for 2024. | 0€ | 0.0% | 0 | — |
| 132 | Punkt03769992 | <0.1% | 803€ | No filing for 2024. | -1,041€ | -129.6% | 0 | — |
| 133 | Simple Foodie03422828 · Herceg Novi | <0.1% | 752€ | -16.4% | -7,416€ | -986.2% | 1 | 678€ |
| 134 | Nika Professional03801233 · Bar | <0.1% | 619€ | No filing for 2024. | -1,078€ | -174.2% | 1 | — |
| 135 | San Severo03601056 · Cetinje | <0.1% | 125€ | -92.2% | -10€ | -8.0% | 1 | — |
| 136 | 2K-Tourism-Mne03781291 · Budva | 0.0% | 0€ | No filing for 2024. | -678€ | — | 1 | — |
| 137 | Asden Group03531520 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -12,255€ | — | 1 | 928€ |
| 138 | D & i Kitchen03436861 · Podgorica | 0.0% | 0€ | -100.0% | 0€ | — | — | — |
| 139 | Eagle Tourism Montenegro03716694 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -7,406€ | — | 1 | 678€ |
| 140 | Fenix Aa03798500 · Podgorica | 0.0% | 0€ | No filing for 2024. | -2,092€ | — | 1 | — |
| 141 | Kumax Four03376362 · Podgorica | 0.0% | 0€ | -100.0% | 0€ | — | — | — |
| 142 | MTN Trading03499561 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,776€ | — | 1 | 731€ |
| 143 | Sarić Street03800393 · Nikšić | 0.0% | 0€ | No filing for 2024. | -1,274€ | — | 0 | — |
| 144 | Sirius Tim03781631 · Kotor | 0.0% | 0€ | No filing for 2024. | -1,557€ | — | 1 | — |
| 145 | Trikolor02683423 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -16,634€ | — | 2 | 677€ |
| 146 | Caffe Pizzeria Lazar03136779 · Žabljak | 0.0% | 0€ | -100.0% | -8,725€ | — | 1 | 622€ |
| 147 | Kod Coka03802094 · Tuzi | 0.0% | 0€ | No filing for 2024. | -1,019€ | — | 1 | — |
| 148 | Tatar Eko Selo03389146 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -12,362€ | — | 1 | 929€ |
| 149 | Z&D Trade03045234 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -12,254€ | — | 2 | 506€ |
| 150 | Mersidi02881608 · Ulcinj | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,101€ | — | 1 | 674€ |