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 501–550 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% |
| 4,257€ |
| +37.9% |
| -4,459€ |
| -104.7% |
| 1 |
| 675€ |
| 503 | Nuova Gaeta03797651 · Cetinje | <0.1% | 4,129€ | No filing for 2024. | -3,827€ | -92.7% | 1 | — |
| 504 | Dora Dora03665160 · Herceg Novi | <0.1% | 3,904€ | -89.3% | -5,285€ | -135.4% | 1 | 684€ |
| 505 | Marnev03735486 · Danilovgrad | <0.1% | 3,865€ | No filing for 2024. | -6,236€ | -161.3% | 1 | 580€ |
| 506 | Kula Group03183220 · Bijelo Polje | <0.1% | 3,855€ | +84.8% | -7,738€ | -200.7% | 1 | 675€ |
| 507 | Boliglava03780112 · Cetinje | <0.1% | 3,714€ | No filing for 2024. | -4,706€ | -126.7% | 2 | — |
| 508 | Dizajn In03167429 · Podgorica | <0.1% | 3,600€ | 0.0% | 1,061€ | 29.5% | 1 | — |
| 509 | Minimo MNM03355942 · Podgorica | <0.1% | 3,600€ | -91.7% | -447€ | -12.4% | 1 | 339€ |
| 510 | Adventure Dream03675521 · Bar | <0.1% | 3,502€ | -66.0% | -23,097€ | -659.5% | 2 | 844€ |
| 511 | Big Light03590275 · Podgorica | <0.1% | 3,500€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -6,711€ | -191.7% | 1 | 675€ |
| 512 | Bell & Bell03794652 · Nikšić | <0.1% | 3,330€ | No filing for 2024. | -291€ | -8.7% | 0 | — |
| 513 | S&N 202303574245 · Cetinje | <0.1% | 3,310€ | -66.8% | -910€ | -27.5% | 1 | — |
| 514 | Alex Mne03249174 · Podgorica | <0.1% | 3,154€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -3,517€ | -111.5% | 1 | 551€ |
| 515 | Pržišta Company03409422 · Danilovgrad | <0.1% | 3,100€ | -62.5% | -10,093€ | -325.6% | 2 | 310€ |
| 516 | Miogos03466752 · Podgorica | <0.1% | 2,998€ | +13.7% | -8,678€ | -289.5% | 2 | 381€ |
| 517 | Sitna Luka02247267 · Podgorica | <0.1% | 2,901€ | -25.5% | -7,005€ | -241.5% | 1 | 720€ |
| 518 | Bam PG03795454 · Podgorica | <0.1% | 2,801€ | No filing for 2024. | -9,209€ | -328.8% | 3 | — |
| 519 | 8503331482 · Andrijevica | <0.1% | 2,567€ | -19.6% | 0€ | 0.0% | 1 | — |
| 520 | Pod Starom Kruškom03496163 · Pljevlja | <0.1% | 2,517€ | -14.9% | -6,730€ | -267.4% | 1 | 675€ |
| 521 | Kaća Čub03732053 · Berane | <0.1% | 2,269€ | No filing for 2024. | -7,368€ | -324.7% | 1 | 748€ |
| 522 | Atos02637413 · Žabljak | <0.1% | 1,490€ | 0.0% | -6,932€ | -465.2% | 2 | 340€ |
| 523 | Ben Company03803449 · Bijelo Polje | <0.1% | 1,481€ | No filing for 2024. | -1,674€ | -113.0% | 2 | — |
| 524 | Arbana03252132 · Ulcinj | <0.1% | 1,465€ | -60.8% | -11,562€ | -789.2% | 1 | 1,011€ |
| 525 | Blue Dolphin03235076 · Podgorica | <0.1% | 1,317€ | -89.1% | -10,380€ | -788.2% | 1 | 375€ |
| 526 | Zero Gravity03352943 · Podgorica | <0.1% | 1,261€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -5,222€ | -414.1% | 1 | 339€ |
| 527 | Imperial Beach Av02982617 · Ulcinj | <0.1% | 1,240€ | -99.4% | 339€ | 27.3% | 1 | — |
| 528 | Gaming Centar Sova03473945 · Bar | <0.1% | 1,230€ | -79.5% | -19,737€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 938€ |
| 529 | Ponta CO.03104559 · Podgorica | <0.1% | 1,094€ | -52.1% | -1,471€ | -134.5% | 1 | — |
| 530 | Vrbas CG03129128 · Herceg Novi | <0.1% | 867€ | -88.5% | -2€ | -0.2% | 1 | — |
| 531 | Venezia 198703378799 · Cetinje | <0.1% | 840€ | -97.7% | -6,101€ | -726.3% | 2 | — |
| 532 | Rozaklija03703568 · Podgorica | <0.1% | 784€ | -52.3% | -2,815€ | -359.1% | 1 | — |
| 533 | Aqvarium02919281 · Podgorica | <0.1% | 730€ | -6.0% | -11,889€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 813€ |
| 534 | Delux-Montenegro03668878 · Rožaje | <0.1% | 645€ | -91.3% | -10,555€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 677€ |
| 535 | Danbas02392054 · Bar | <0.1% | 637€ | -55.5% | -9,300€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 826€ |
| 536 | Kafe Ćana03806758 · Podgorica | <0.1% | 435€ | No filing for 2024. | 199€ | 45.7% | 0 | — |
| 537 | Zora i02742861 · Pljevlja | <0.1% | 402€ | +77.9% | -3,840€ | -955.2% | 1 | 338€ |
| 538 | F Corporation02766167 · Budva | <0.1% | 272€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -70,943€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 509€ |
| 539 | Žel02781891 · Tivat | <0.1% | 17€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -5,661€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | — |
| 540 | Arcadia03034992 · Podgorica | <0.1% | 10€ | -100.0% | -20,548€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 339€ |
| 541 | Montecubano03097218 · Bar | <0.1% | 7€ | -100.0% | -103,651€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 959€ |
| 542 | Marinaio02806797 · Kotor | <0.1% | 3€ | -100.0% | -15,551€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 961€ |
| 543 | Dedvukaj03229360 · Tuzi | <0.1% | 1€ | 0.0% | 0€ | 0.0% | 1 | — |
| 544 | Nilović Company03362876 · Nikšić | <0.1% | 1€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,234€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 682€ |
| 545 | Trocadero02427958 · Budva | <0.1% | 1€ | 0.0% | -8,689€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 674€ |
| 546 | 2M Murić03713822 · Rožaje | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 0€ | — | — | — |
| 547 | Amarcord02837439 · Bar | 0.0% | 0€ | -100.0% | -6,342€ | — | 1 | — |
| 548 | Brooklyn Cattaro03352145 · Kotor | 0.0% | 0€ | -100.0% | 0€ | — | — | — |
| 549 | Cafe Stil03323528 · Rožaje | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,726€ | — | 1 | 394€ |
| 550 | Central Invest Group03720969 · Rožaje | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 0€ | — | — | — |