Revenue
6.7% of sector revenue
629 companies earned 85.37m€ in 2025, 6.7% of Hospitality sector revenue. Revenue has grown 3.6× since 2015.
6.7% of sector revenue
190 with at most one employee
Largest employer: Filan Company (95)
Median company 0.2% · 44% 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 451–500 of 629
* 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 137 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 | 23,942,808€ | 357 |
| 2016 | 31,596,816€ | 426 |
| 2017 | 33,366,438€ | 475 |
| 2018 | 40,283,019€ | 536 |
| 2019 | 41,887,448€ | 579 |
| 2020 | 26,656,613€ | 612 |
| 2021 | 42,484,409€ | 627 |
| 2022 | 62,477,943€ | 664 |
| 2023 | 76,297,691€ | 664 |
| 2024 | 79,971,326€ | 655 |
| 2025 (Preliminary) | 85,370,487€ | 629 |
Employees and payroll cost per employee per month*
<0.1% |
| 12,331€ |
| No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. |
| -24,807€ |
| -201.2% |
| 2 |
| 546€ |
| 453 | Time Out Company03642372 · Herceg Novi | <0.1% | 12,298€ | -42.9% | -21,709€ | -176.5% | 2 | — |
| 454 | Mim-Ivan03096211 · Cetinje | <0.1% | 12,242€ | +28.9% | 47€ | 0.4% | 1 | 957€ |
| 455 | Bellantis03659275 · Herceg Novi | <0.1% | 12,011€ | -50.2% | -16,943€ | -141.1% | 1 | 693€ |
| 456 | Every Day03041247 · Podgorica | <0.1% | 11,862€ | +16.3% | -2,041€ | -17.2% | 2 | 336€ |
| 457 | Božović D&D Company02394855 · Budva | <0.1% | 11,827€ | +8.4% | -2,210€ | -18.7% | 1 | 675€ |
| 458 | Himikoff03500152 · Budva | <0.1% | 11,766€ | -42.9% | -12,036€ | -102.3% | 2 | 619€ |
| 459 | Atom DB03233561 · Bijelo Polje | <0.1% | 11,385€ | -6.3% | -6,843€ | -60.1% | 1 | 670€ |
| 460 | Prođoše Dani03017435 · Pljevlja | <0.1% | 10,908€ | +8.2% | -5,398€ | -49.5% | 1 | 715€ |
| 461 | Thefour03789349 · Podgorica | <0.1% | 10,783€ | No filing for 2024. | -2,217€ | -20.6% | 2 | — |
| 462 | Mystico03321126 · Plav | <0.1% | 10,620€ | -21.5% | 2,351€ | 22.1% | 3 | — |
| 463 | Stasija BP03791033 · Bijelo Polje | <0.1% | 10,380€ | No filing for 2024. | -5,800€ | -55.9% | 3 | — |
| 464 | BS i Inženjering02746875 · Cetinje | <0.1% | 10,366€ | -65.7% | -2,179€ | -21.0% | 1 | 449€ |
| 465 | La-La 2403800776 · Pljevlja | <0.1% | 10,305€ | No filing for 2024. | 1,866€ | 18.1% | 2 | — |
| 466 | Sevdah03081443 · Bijelo Polje | <0.1% | 10,303€ | +18.2% | -552€ | -5.4% | 1 | 689€ |
| 467 | Timota Group03736130 · Bijelo Polje | <0.1% | 10,235€ | No filing for 2024. | -4,658€ | -45.5% | 1 | 781€ |
| 468 | Tim-Plus02811464 · Podgorica | <0.1% | 10,100€ | -35.0% | -8,566€ | -84.8% | 1 | 680€ |
| 469 | Rakonje Company03633314 · Bijelo Polje | <0.1% | 9,410€ | -74.9% | -19,383€ | -206.0% | 2 | 502€ |
| 470 | V2 Euro Group03356574 · Bar | <0.1% | 9,343€ | +77.6% | -477€ | -5.1% | 1 | 396€ |
| 471 | In Plav03051307 · Plav | <0.1% | 8,998€ | -1.1% | -5,898€ | -65.5% | 1 | 675€ |
| 472 | Roterdam03727688 · Nikšić | <0.1% | 8,966€ | No filing for 2024. | -7,978€ | -89.0% | 0 | — |
| 473 | Vrioca03292819 · Mojkovac | <0.1% | 8,955€ | 0.0% | -10,324€ | -115.3% | 1 | 1,520€ |
| 474 | Filimart02742209 · Herceg Novi | <0.1% | 8,909€ | +185.7% | -586€ | -6.6% | 1 | 678€ |
| 475 | Bonsai-Velkom02918510 · Berane | <0.1% | 8,803€ | -46.8% | 19€ | 0.2% | 2 | 338€ |
| 476 | Fortuna - Sam03149790 · Mojkovac | <0.1% | 8,764€ | +0.1% | 2,475€ | 28.2% | 1 | — |
| 477 | Astacus02963701 · Nikšić | <0.1% | 8,645€ | +8.9% | -8,387€ | -97.0% | 2 | 592€ |
| 478 | Klub Haustor03068056 · Podgorica | <0.1% | 8,527€ | +15.2% | -8,889€ | -104.2% | 1 | 685€ |
| 479 | Počinak M. Morača03226239 · Kolašin | <0.1% | 8,498€ | +46.3% | -9,520€ | -112.0% | 2 | 507€ |
| 480 | Srpski Kulturni Centar Patrijarh Varnava02803810 · Pljevlja | <0.1% | 8,400€ | +23.5% | 130€ | 1.5% | 0 | — |
| 481 | Roma 103068587 · Ulcinj | <0.1% | 8,072€ | -40.8% | -4,111€ | -50.9% | 1 | 751€ |
| 482 | Ellas02744163 · Podgorica | <0.1% | 7,895€ | -2.2% | -8,624€ | -109.2% | 2 | 539€ |
| 483 | DMC02901013 · Podgorica | <0.1% | 7,771€ | -10.7% | -5,544€ | -71.3% | 1 | 667€ |
| 484 | Home For Friends03276180 · Nikšić | <0.1% | 7,612€ | +57.0% | -3,241€ | -42.6% | 1 | 540€ |
| 485 | Mila Corp03753794 · Herceg Novi | <0.1% | 7,371€ | No filing for 2024. | -2,957€ | -40.1% | 1 | 428€ |
| 486 | Artdeco Montenegro03229203 · Tivat | <0.1% | 7,160€ | +12.4% | -6,821€ | -95.3% | 1 | 1,034€ |
| 487 | Tološi Ii02798212 · Podgorica | <0.1% | 6,756€ | +729.0% | -639€ | -9.5% | 1 | 333€ |
| 488 | As Caffe03375722 · Podgorica | <0.1% | 6,727€ | +28.2% | 255€ | 3.8% | 2 | — |
| 489 | Nikšić02385996 · Nikšić | <0.1% | 6,500€ | -14.6% | 0€ | 0.0% | 1 | — |
| 490 | Vuksanović -VN & As03241939 · Bar | <0.1% | 6,396€ | +19.2% | -5,893€ | -92.1% | 2 | 345€ |
| 491 | NL Caffe03104346 · Bijelo Polje | <0.1% | 6,350€ | -28.6% | -7,285€ | -114.7% | 1 | 675€ |
| 492 | MMR Trade03136299 · Berane | <0.1% | 5,965€ | +0.7% | -6,664€ | -111.7% | 1 | 676€ |
| 493 | Pejović and Co03252400 · Nikšić | <0.1% | 5,950€ | +21.3% | -546€ | -9.2% | 1 | 380€ |
| 494 | Tresor MNV03554252 · Kotor | <0.1% | 5,888€ | +1,717.3% | 1,724€ | 29.3% | 1 | 303€ |
| 495 | RM Krug02455781 · Bijelo Polje | <0.1% | 5,817€ | +21.6% | -7,234€ | -124.4% | 1 | 701€ |
| 496 | The Two Brothers03786510 · Podgorica | <0.1% | 5,753€ | No filing for 2024. | -3,758€ | -65.3% | 2 | — |
| 497 | Unko-Prom-Nešo03082563 · Pljevlja | <0.1% | 5,515€ | -12.3% | -15,505€ | -281.1% | 2 | 703€ |
| 498 | Randevu03202224 · Tuzi | <0.1% | 5,221€ | +10.1% | -7,728€ | -148.0% | 1 | 699€ |
| 499 | Bos Company03507912 · Danilovgrad | <0.1% | 5,178€ | +3.0% | -840€ | -16.2% | 1 | — |
| 500 | The Club House03066347 · Tivat | <0.1% | 5,000€ | -98.8% | -7,662€ | -153.2% | 1 | 556€ |