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 401–450 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% |
| 21,055€ |
| +2.5% |
| -2,076€ |
| -9.9% |
| 2 |
| 890€ |
| 403 | N.N Company03777111 · Bijelo Polje | <0.1% | 20,890€ | No filing for 2024. | -933€ | -4.5% | 2 | — |
| 404 | Info Bar Vraneš03516563 · Bijelo Polje | <0.1% | 20,424€ | +927.4% | 11,684€ | 57.2% | 1 | 675€ |
| 405 | Jeremi03062830 · Podgorica | <0.1% | 20,152€ | -34.0% | 2,843€ | 14.1% | 1 | 553€ |
| 406 | S&ZK03255867 · Podgorica | <0.1% | 19,882€ | +30.8% | -1,345€ | -6.8% | 1 | 677€ |
| 407 | Queen Royal03315932 · Podgorica | <0.1% | 19,872€ | -19.3% | -4,901€ | -24.7% | 1 | 333€ |
| 408 | Kod Željka03132722 · Bijelo Polje | <0.1% | 19,470€ | +2.4% | 488€ | 2.5% | 2 | 338€ |
| 409 | Cokomery03727327 · Podgorica | <0.1% | 19,324€ | No filing for 2024. | -28,875€ | -149.4% | 2 | 541€ |
| 410 | Pro Bonoo03604888 · Nikšić | <0.1% | 19,169€ | +23.8% | 531€ | 2.8% | 1 | 675€ |
| 411 | Biene Maja03736318 · Herceg Novi | <0.1% | 19,096€ | No filing for 2024. | -8,846€ | -46.3% | 1 | 548€ |
| 412 | Tropicana Beach & Co03048080 · Ulcinj | <0.1% | 18,979€ | -87.4% | -28,852€ | -152.0% | 1 | 678€ |
| 413 | J&V Company03466973 · Podgorica | <0.1% | 18,675€ | -28.5% | 6,389€ | 34.2% | 2 | 339€ |
| 414 | BG Horeca03650456 · Berane | <0.1% | 18,547€ | +165.6% | 2,861€ | 15.4% | 2 | 431€ |
| 415 | Mia K03384420 · Pljevlja | <0.1% | 18,500€ | -8.5% | -5,217€ | -28.2% | 3 | 525€ |
| 416 | Boj Company03354547 · Berane | <0.1% | 18,386€ | +7.3% | -7,408€ | -40.3% | 2 | 574€ |
| 417 | Durutović Ranč03095479 · Nikšić | <0.1% | 18,061€ | +5.3% | -14,667€ | -81.2% | 3 | 452€ |
| 418 | Herc-Đurković i Ostali02336391 · Podgorica | <0.1% | 17,986€ | +4.7% | -3,064€ | -17.0% | 1 | 751€ |
| 419 | Cijevna - Balijače02800381 · Podgorica | <0.1% | 17,859€ | +26.6% | -1,376€ | -7.7% | 1 | 753€ |
| 420 | Club 403783308 · Podgorica | <0.1% | 17,753€ | No filing for 2024. | -3,504€ | -19.7% | 2 | 326€ |
| 421 | Blaca & Co03581845 · Bar | <0.1% | 17,419€ | -8.6% | -14,599€ | -83.8% | 2 | 508€ |
| 422 | Duga Ka03041891 · Pljevlja | <0.1% | 17,120€ | +3.3% | -4,887€ | -28.5% | 2 | 627€ |
| 423 | Kafe Bar Oltar03367193 · Kolašin | <0.1% | 17,104€ | +97.8% | 3,139€ | 18.4% | 1 | 674€ |
| 424 | Lepenac DV03456684 · Danilovgrad | <0.1% | 17,099€ | -4.9% | -1,691€ | -9.9% | 2 | 508€ |
| 425 | Marvel & Nik03404072 · Nikšić | <0.1% | 17,076€ | -17.9% | -2,693€ | -15.8% | 4 | — |
| 426 | Winners Caffe02919699 · Bar | <0.1% | 16,942€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -15,500€ | -91.5% | 1 | — |
| 427 | Simona S03062872 · Nikšić | <0.1% | 16,529€ | +2.3% | -1,453€ | -8.8% | 1 | — |
| 428 | Melo 703752429 · Bar | <0.1% | 16,323€ | No filing for 2024. | -434€ | -2.7% | 1 | 1,255€ |
| 429 | K&SS N Wolf Company02781948 · Plav | <0.1% | 16,102€ | -13.1% | -7,045€ | -43.8% | 2 | 675€ |
| 430 | Slobo Kafe03143635 · Kolašin | <0.1% | 16,030€ | -16.9% | -3,518€ | -21.9% | 1 | 685€ |
| 431 | Hera Mne03635902 · Podgorica | <0.1% | 15,975€ | +109.3% | -5,779€ | -36.2% | 2 | 799€ |
| 432 | Sanga03094383 · Podgorica | <0.1% | 15,765€ | -83.8% | -26,252€ | -166.5% | 2 | — |
| 433 | Avenija Wej03637417 · Nikšić | <0.1% | 15,669€ | +14.2% | 338€ | 2.2% | 1 | 675€ |
| 434 | Kobra202503212823 · Danilovgrad | <0.1% | 15,265€ | +14.3% | -3,887€ | -25.5% | 4 | 356€ |
| 435 | Luka Reli03548619 · Podgorica | <0.1% | 15,252€ | -29.1% | -3,950€ | -25.9% | 1 | 737€ |
| 436 | ST- Marković03353184 · Andrijevica | <0.1% | 15,112€ | +12.3% | 49€ | 0.3% | 1 | 686€ |
| 437 | Lisa-Com03565459 · Bijelo Polje | <0.1% | 14,790€ | -33.8% | -1,719€ | -11.6% | 1 | 922€ |
| 438 | Cerovo Brdo03145140 · Nikšić | <0.1% | 14,698€ | +85.8% | 843€ | 5.7% | 1 | 678€ |
| 439 | Dal02776600 · Herceg Novi | <0.1% | 14,613€ | -60.3% | -13,891€ | -95.1% | 3 | 537€ |
| 440 | DSL Development03422879 · Budva | <0.1% | 14,499€ | +50.8% | 996€ | 6.9% | 1 | 1,030€ |
| 441 | Sinealva02267217 · Herceg Novi | <0.1% | 14,427€ | +3.8% | -8,625€ | -59.8% | 2 | 429€ |
| 442 | Star Gastro Mne03400336 · Rožaje | <0.1% | 14,272€ | -59.5% | -4,236€ | -29.7% | 2 | 389€ |
| 443 | Avantura Land03758494 · Bar | <0.1% | 13,813€ | No filing for 2024. | 569€ | 4.1% | 2 | — |
| 444 | Amb Trio Group03331458 · Bijelo Polje | <0.1% | 13,717€ | +346.4% | 773€ | 5.6% | 1 | 675€ |
| 445 | Lesendro02907917 · Podgorica | <0.1% | 13,588€ | -35.8% | -9,029€ | -66.4% | 1 | 903€ |
| 446 | Kafanica03698980 · Pljevlja | <0.1% | 13,406€ | +390.5% | -3,765€ | -28.1% | 1 | 675€ |
| 447 | Caffe Bar Sevdah03449602 · Petnjica | <0.1% | 13,320€ | -4.6% | 184€ | 1.4% | 1 | 1,015€ |
| 448 | Nešvil-Funghi03469417 · Berane | <0.1% | 13,213€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -1,251€ | -9.5% | 1 | 678€ |
| 449 | Justitia M03075494 · Pljevlja | <0.1% | 12,973€ | -12.6% | 80€ | 0.6% | 1 | 678€ |
| 450 | Fruit Fuel03763226 · Nikšić | <0.1% | 12,924€ | No filing for 2024. | 109€ | 0.8% | 2 | 383€ |