Revenue
54.41m€3.2× since 2015
13.4% of sector revenue
Tour operator activities
138 companies earned 54.41m€ in 2025, 13.4% of Administrative services sector revenue. Revenue has grown 3.2× since 2015.
Code 7912Administrative services
Year
Overview
Companies
138+99 since 2015
71 with at most one employee
Employees
3682.5× since 2015
Largest employer: Montenegro Tourist Service (25)
Profit margin
5.6%2.3 pts above sector
Median company 2.0% · 51% profitable
This activity 5.6%Sector: 3.4%
Payroll cost/emp./mo*
1,373€22% above sector
Average per employee, not per company
This activity 1,373€Sector: 1,126€
Revenue and companies since 2015
FinalPreliminary
Revenue in € million (bars) and filing companies (below), 2015–2025
Who is growing and hiring
Fastest growing
Revenue change vs 2024, companies with at least 1m€ that year
- Montenegro Tourist Service9.98m€ → 16.57m€+66.0%
- Biblio Globus5.35m€ → 7.66m€+43.2%
- Boka Waves2.88m€ → 3.52m€+21.9%
Largest employers
All companies (138)
Ranked by total revenue · Showing 51–100 of 138
* 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 2 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.
Source: Tax Administration / CRPSCurrency: EUR