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 151–200 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*
0.2% |
| 141,547€ |
| +200.4% |
| -11,183€ |
| -7.9% |
| 2 |
| 491€ |
| 153 | Tag Company03609537 · Herceg Novi | 0.2% | 141,232€ | +21.8% | 19,663€ | 13.9% | 5 | 1,051€ |
| 154 | Latino03064018 · Podgorica | 0.2% | 141,126€ | -2.5% | 3,833€ | 2.7% | 5 | 835€ |
| 155 | Igi - Trade02717158 · Nikšić | 0.2% | 138,410€ | +7.6% | 3,872€ | 2.8% | 5 | 608€ |
| 156 | Btwsutorina03639835 · Herceg Novi | 0.2% | 137,689€ | +495.7% | 4,225€ | 3.1% | 1 | 4,252€ |
| 157 | Boro Company03019543 · Podgorica | 0.2% | 135,993€ | +46.7% | 68,583€ | 50.4% | 2 | 514€ |
| 158 | Kafemat03386295 · Podgorica | 0.2% | 135,791€ | +15.9% | 9,863€ | 7.3% | 3 | 844€ |
| 159 | Prestige Win03310400 · Nikšić | 0.2% | 135,518€ | -26.4% | 42,007€ | 31.0% | 3 | 754€ |
| 160 | Pick and Roll03411915 · Bar | 0.2% | 133,923€ | -5.1% | 1,484€ | 1.1% | 5 | 587€ |
| 161 | TCHSP03752259 · Tivat | 0.2% | 133,176€ | No filing for 2024. | 21,423€ | 16.1% | 3 | 1,370€ |
| 162 | M.Vidaković Co03120112 · Herceg Novi | 0.2% | 132,797€ | +3.9% | 18,079€ | 13.6% | 4 | 839€ |
| 163 | Milanista03707369 · Podgorica | 0.2% | 131,378€ | +611.0% | 10,036€ | 7.6% | 4 | 708€ |
| 164 | Marinero Komerc02270951 · Herceg Novi | 0.2% | 131,050€ | +23.1% | 5,162€ | 3.9% | 3 | 1,064€ |
| 165 | Hood Arch03613518 · Tivat | 0.1% | 126,946€ | +30.6% | 4,487€ | 3.5% | 6 | 765€ |
| 166 | Red Company02736292 · Podgorica | 0.1% | 125,985€ | +34.3% | 44,151€ | 35.0% | 3 | 546€ |
| 167 | Autsajder - Com03011119 · Bijelo Polje | 0.1% | 125,090€ | +42.0% | 16,485€ | 13.2% | 6 | 791€ |
| 168 | DMM Company03162028 · Bijelo Polje | 0.1% | 123,577€ | +22.9% | -10,691€ | -8.7% | 5 | 839€ |
| 169 | Hachiko03586685 · Podgorica | 0.1% | 122,728€ | +15.2% | 32,669€ | 26.6% | 2 | 889€ |
| 170 | Video03031721 · Berane | 0.1% | 122,714€ | +26.8% | 9,994€ | 8.1% | 5 | 1,024€ |
| 171 | Cumbu02405431 · Bar | 0.1% | 118,115€ | -82.5% | -1,818€ | -1.5% | 2 | 707€ |
| 172 | Magic MK03093824 · Budva | 0.1% | 117,055€ | -5.6% | 1,161€ | 1.0% | 6 | 782€ |
| 173 | Račama03579786 · Podgorica | 0.1% | 117,008€ | +19.1% | 51,095€ | 43.7% | 2 | 917€ |
| 174 | Dumas Company03339076 · Podgorica | 0.1% | 116,726€ | -11.8% | -20,732€ | -17.8% | 4 | 1,217€ |
| 175 | Jef Budva03153762 · Budva | 0.1% | 116,056€ | +12.5% | 1,579€ | 1.4% | 3 | 1,193€ |
| 176 | Familija Company03113248 · Herceg Novi | 0.1% | 114,483€ | -6.0% | -281€ | -0.2% | 4 | 660€ |
| 177 | Veprino03196232 · Herceg Novi | 0.1% | 112,459€ | +15.8% | 13,077€ | 11.6% | 3 | 616€ |
| 178 | V303414981 · Podgorica | 0.1% | 112,456€ | +20.9% | -5,885€ | -5.2% | 3 | 1,558€ |
| 179 | Dodge02325683 · Nikšić | 0.1% | 112,186€ | -11.5% | 3,893€ | 3.5% | 4 | 758€ |
| 180 | Coffee World03565912 · Podgorica | 0.1% | 110,392€ | +2.0% | -12,580€ | -11.4% | 4 | 940€ |
| 181 | Par-Nepar03264009 · Podgorica | 0.1% | 110,178€ | +1.4% | 5,567€ | 5.1% | 3 | 518€ |
| 182 | Lana02432935 · Kotor | 0.1% | 108,818€ | -32.1% | -38,924€ | -35.8% | 7 | 755€ |
| 183 | Meta03096530 · Podgorica | 0.1% | 108,701€ | +0.0% | 9,393€ | 8.6% | 3 | 764€ |
| 184 | Rakonje03183777 · Podgorica | 0.1% | 107,793€ | +41.9% | 3,639€ | 3.4% | 4 | 617€ |
| 185 | Merak02814706 · Petnjica | 0.1% | 103,152€ | +0.8% | 4,110€ | 4.0% | 5 | 713€ |
| 186 | Ariana.Company03364674 · Tuzi | 0.1% | 101,416€ | +1.0% | 5,931€ | 5.8% | 2 | 790€ |
| 187 | Maša S03167097 · Berane | 0.1% | 99,597€ | +17.4% | 5,326€ | 5.3% | 3 | 731€ |
| 188 | Skala Ortaci03449963 · Rožaje | 0.1% | 99,457€ | +14.4% | 226€ | 0.2% | 5 | 752€ |
| 189 | La Vie Company03566854 · Herceg Novi | 0.1% | 99,144€ | +24.1% | 10,442€ | 10.5% | 3 | 1,230€ |
| 190 | Gesseg03031730 · Bijelo Polje | 0.1% | 98,071€ | +20.3% | 402€ | 0.4% | 5 | 667€ |
| 191 | Asparagus03394123 · Tivat | 0.1% | 97,810€ | +38.5% | -12,119€ | -12.4% | 5 | 753€ |
| 192 | Ameno03257177 · Herceg Novi | 0.1% | 97,236€ | +10.1% | 6,615€ | 6.8% | 2 | 779€ |
| 193 | Texas Co03112578 · Bijelo Polje | 0.1% | 97,222€ | +29.1% | 2,801€ | 2.9% | 5 | 1,181€ |
| 194 | Sirena Company02704552 · Tivat | 0.1% | 97,087€ | -10.4% | -1,235€ | -1.3% | 5 | 780€ |
| 195 | Centros03236684 · Podgorica | 0.1% | 96,021€ | +11.9% | 10,054€ | 10.5% | 3 | 629€ |
| 196 | MMS CO.03412962 · Herceg Novi | 0.1% | 95,379€ | -16.1% | -9,433€ | -9.9% | 3 | 882€ |
| 197 | Wizard DND03087794 · Nikšić | 0.1% | 95,231€ | +1,222.7% | 35,390€ | 37.2% | 2 | 578€ |
| 198 | In-Stel Company03338690 · Podgorica | 0.1% | 94,538€ | +7.8% | -5,059€ | -5.4% | 3 | 728€ |
| 199 | Gile Group03238784 · Podgorica | 0.1% | 93,884€ | -11.5% | 2,936€ | 3.1% | 3 | 915€ |
| 200 | Aaa Bagrem03416577 · Nikšić | 0.1% | 93,323€ | -8.2% | -2,047€ | -2.2% | 6 | 656€ |