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 251–300 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% |
| 64,910€ |
| +9.4% |
| 152€ |
| 0.2% |
| 4 |
| 675€ |
| 253 | Montecuba03271331 · Budva | <0.1% | 64,562€ | +52,819.7% | 3,496€ | 5.4% | 1 | 1,011€ |
| 254 | Garden03016404 · Pljevlja | <0.1% | 64,531€ | +80.9% | 1,168€ | 1.8% | 3 | 632€ |
| 255 | Skyit02901650 · Podgorica | <0.1% | 63,611€ | -35.9% | -9,039€ | -14.2% | 2 | 466€ |
| 256 | Gagaco02914573 · Berane | <0.1% | 63,308€ | -22.8% | -14,795€ | -23.4% | 3 | 1,940€ |
| 257 | Bracera02770687 · Bar | <0.1% | 63,305€ | +30.6% | 3,568€ | 5.6% | 3 | 667€ |
| 258 | Benzersiz03252078 · Žabljak | <0.1% | 62,883€ | -43.7% | -9,334€ | -14.8% | 4 | 666€ |
| 259 | Grandtrade02322153 · Nikšić | <0.1% | 62,633€ | -0.8% | 1,189€ | 1.9% | 4 | 578€ |
| 260 | Njegoš02022419 · Cetinje | <0.1% | 62,232€ | -27.7% | 0€ | 0.0% | 1 | 4,674€ |
| 261 | T-Modest02985845 · Podgorica | <0.1% | 61,996€ | +5.6% | 2,160€ | 3.5% | 2 | 807€ |
| 262 | Be Good03217736 · Bar | <0.1% | 61,636€ | +63.5% | -774€ | -1.3% | 3 | 618€ |
| 263 | Intact Intact03344240 · Budva | <0.1% | 61,542€ | +199.1% | -33€ | -0.1% | 4 | 309€ |
| 264 | Anba02810565 · Kotor | <0.1% | 61,151€ | -16.2% | 630€ | 1.0% | 2 | 406€ |
| 265 | Top03399516 · Podgorica | <0.1% | 60,532€ | -6.2% | 6,085€ | 10.1% | 1 | 677€ |
| 266 | Publees Pub03739627 · Bar | <0.1% | 60,440€ | No filing for 2024. | -6,052€ | -10.0% | 2 | 312€ |
| 267 | Nina San02918129 · Nikšić | <0.1% | 59,699€ | -16.2% | 9,879€ | 16.5% | 2 | 778€ |
| 268 | Vjetrenjača02944804 · Pljevlja | <0.1% | 59,629€ | +26.8% | 10,132€ | 17.0% | 4 | 738€ |
| 269 | G & Plus02332663 · Podgorica | <0.1% | 59,551€ | +17.5% | 0€ | 0.0% | 3 | 785€ |
| 270 | Filin.G.03603644 · Berane | <0.1% | 58,693€ | +108.0% | 7,541€ | 12.8% | 2 | 2,012€ |
| 271 | Bura Company03357546 · Herceg Novi | <0.1% | 58,215€ | +12.6% | 3,234€ | 5.6% | 2 | 694€ |
| 272 | Studentski Club Caffe03013359 · Podgorica | <0.1% | 58,164€ | +42.3% | 1,951€ | 3.4% | 1 | 1,823€ |
| 273 | Vitka03527247 · Podgorica | <0.1% | 58,088€ | -12.2% | 15€ | 0.0% | 2 | 854€ |
| 274 | Draćin03253929 · Bijelo Polje | <0.1% | 56,548€ | +26.1% | -3,618€ | -6.4% | 4 | 1,228€ |
| 275 | Tavlasa02625504 · Podgorica | <0.1% | 55,454€ | +19.2% | 4,227€ | 7.6% | 3 | 707€ |
| 276 | Braca Spaic03758257 · Herceg Novi | <0.1% | 55,253€ | No filing for 2024. | 9,831€ | 17.8% | 3 | 653€ |
| 277 | Nik 2103366952 · Andrijevica | <0.1% | 55,180€ | +74.2% | -3,217€ | -5.8% | 6 | 540€ |
| 278 | TT-Company03151034 · Podgorica | <0.1% | 54,667€ | +32.8% | 4,805€ | 8.8% | 3 | 681€ |
| 279 | A&S Caffe03680002 · Podgorica | <0.1% | 54,520€ | +491.6% | -6,387€ | -11.7% | 3 | 512€ |
| 280 | Ero02661241 · Tivat | <0.1% | 54,492€ | +61.6% | 4,656€ | 8.5% | 1 | 948€ |
| 281 | Begović Company03654184 · Nikšić | <0.1% | 54,349€ | +42.8% | -5,270€ | -9.7% | 3 | 711€ |
| 282 | Buradi03272044 · Herceg Novi | <0.1% | 54,308€ | +41.6% | -15,658€ | -28.8% | 2 | 357€ |
| 283 | Din 88803438074 · Cetinje | <0.1% | 53,324€ | +53.3% | 1,503€ | 2.8% | 2 | 501€ |
| 284 | RGB Božović03633373 · Bar | <0.1% | 51,981€ | +49.9% | 330€ | 0.6% | 2 | 577€ |
| 285 | Fratria03499979 · Herceg Novi | <0.1% | 51,007€ | +24.2% | 5,511€ | 10.8% | 2 | 425€ |
| 286 | Kafemat Company03378144 · Nikšić | <0.1% | 50,957€ | +32.9% | 5,489€ | 10.8% | 3 | 439€ |
| 287 | BDMNMS Company03576671 · Budva | <0.1% | 50,370€ | +12.2% | -14,064€ | -27.9% | 2 | 986€ |
| 288 | Zaton Trade03375579 · Podgorica | <0.1% | 49,525€ | -42.3% | -12,323€ | -24.9% | 2 | 422€ |
| 289 | Teatro-Urban03265293 · Bijelo Polje | <0.1% | 49,203€ | -8.5% | -4,306€ | -8.8% | 2 | 592€ |
| 290 | Radiobit03552683 · Herceg Novi | <0.1% | 49,053€ | +27.7% | 8,144€ | 16.6% | 3 | 361€ |
| 291 | DD&L03392635 · Ulcinj | <0.1% | 48,667€ | +12.3% | -48,163€ | -99.0% | 3 | 730€ |
| 292 | DMD Strahinja03175723 · Kolašin | <0.1% | 48,618€ | +9.2% | 759€ | 1.6% | 1 | 2,904€ |
| 293 | Marzano03041751 · Cetinje | <0.1% | 48,178€ | +13.7% | -1,098€ | -2.3% | 4 | 525€ |
| 294 | Paulino02190079 · Herceg Novi | <0.1% | 47,308€ | -16.7% | -3,934€ | -8.3% | 3 | 664€ |
| 295 | Stanovčić02219824 · Herceg Novi | <0.1% | 47,225€ | +109.8% | -6,496€ | -13.8% | 3 | 600€ |
| 296 | Amstel02760967 · Podgorica | <0.1% | 46,796€ | -5.5% | -6,143€ | -13.1% | 3 | 810€ |
| 297 | Holiday02999382 · Pljevlja | <0.1% | 46,768€ | +2.0% | 9,723€ | 20.8% | 2 | 588€ |
| 298 | Đurović S.S.S.03231739 · Herceg Novi | <0.1% | 45,900€ | +24.9% | 637€ | 1.4% | 3 | 528€ |
| 299 | Aks03062953 · Podgorica | <0.1% | 45,881€ | -0.5% | -13,585€ | -29.6% | 2 | 570€ |
| 300 | The Brothers Pub03164110 · Podgorica | <0.1% | 45,814€ | -3.2% | -7,375€ | -16.1% | 4 | 485€ |