Revenue
1.4% of sector revenue
157 companies earned 18.35m€ in 2025, 1.4% of Hospitality sector revenue. Revenue has grown 6.0× since 2015.
1.4% of sector revenue
53 with at most one employee
Largest employer: Viktoria Montefood (18)
Median company 0.3% · 45% 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
Employees and payroll cost per employee per month*
Ranked by total revenue · Showing 51–100 of 157
* 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 18 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 | 3,064,613€ | 51 |
| 2016 | 3,873,732€ | 68 |
| 2017 | 4,307,186€ | 74 |
| 2018 | 5,826,503€ | 91 |
| 2019 | 6,795,106€ | 101 |
| 2020 | 5,093,737€ | 100 |
| 2021 | 8,131,415€ | 123 |
| 2022 | 12,011,411€ | 138 |
| 2023 | 16,521,835€ | 155 |
| 2024 | 16,922,810€ | 156 |
| 2025 (Preliminary) | 18,350,321€ | 157 |
The number of companies jumped most in 2016: from 51 to 68.
0.6% |
| 106,998€ |
| +3.1% |
| -18,227€ |
| -17.0% |
| 4 |
| 805€ |
| 53 | Montcaffe03007464 · Podgorica | 0.6% | 106,974€ | +14.5% | 146€ | 0.1% | 5 | 657€ |
| 54 | Superba02869276 · Kotor | 0.6% | 103,697€ | +19,428.6% | 57,251€ | 55.2% | 1 | 1,439€ |
| 55 | ML Mitric03462412 · Podgorica | 0.6% | 101,673€ | +12.2% | 1,094€ | 1.1% | 4 | — |
| 56 | Formaggio03134016 · Herceg Novi | 0.5% | 96,607€ | +41.5% | 8,925€ | 9.2% | 3 | 772€ |
| 57 | Tasty MMM03248445 · Tuzi | 0.5% | 91,760€ | +2.5% | 3,636€ | 4.0% | 3 | 437€ |
| 58 | Mars Company Vulević03517586 · Danilovgrad | 0.5% | 83,595€ | -8.7% | 7,603€ | 9.1% | 1 | 676€ |
| 59 | Topp Bordo03427307 · Nikšić | 0.5% | 82,627€ | +57.7% | 696€ | 0.8% | 3 | 604€ |
| 60 | Kaćun03555283 · Podgorica | 0.4% | 82,287€ | +19.1% | 271€ | 0.3% | 2 | 1,176€ |
| 61 | Grill Somun03720063 · Nikšić | 0.4% | 77,899€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -3,119€ | -4.0% | 3 | 517€ |
| 62 | Floyd-Floyd03351637 · Nikšić | 0.4% | 75,499€ | +14.1% | -19,915€ | -26.4% | 5 | 546€ |
| 63 | Marika & Company03369935 · Nikšić | 0.4% | 75,046€ | +38.7% | 2,824€ | 3.8% | 1 | 369€ |
| 64 | Hedonikinvest03335763 · Podgorica | 0.4% | 74,879€ | -12.4% | -7,069€ | -9.4% | 5 | 622€ |
| 65 | Il Piacere03395430 · Podgorica | 0.4% | 73,663€ | +9.4% | -10,897€ | -14.8% | 2 | 1,089€ |
| 66 | Bakilaki Company03642933 · Danilovgrad | 0.4% | 71,594€ | +52.1% | 600€ | 0.8% | 2 | 889€ |
| 67 | Sweet&Salty03562662 · Kotor | 0.4% | 67,790€ | +21.2% | -122€ | -0.2% | 2 | 752€ |
| 68 | Basilico03416313 · Podgorica | 0.4% | 67,537€ | +4.8% | -1,668€ | -2.5% | 2 | 678€ |
| 69 | Nitulim03371891 · Podgorica | 0.4% | 65,753€ | +15.2% | 4,058€ | 6.2% | 1 | 1,044€ |
| 70 | F.T.H.03371859 · Podgorica | 0.4% | 65,378€ | +35.3% | 10,201€ | 15.6% | 3 | 520€ |
| 71 | Dream Trope03356396 · Herceg Novi | 0.4% | 64,966€ | +6.6% | -11,868€ | -18.3% | 5 | 594€ |
| 72 | Fastlane03569080 · Žabljak | 0.3% | 63,035€ | +61.4% | 8,364€ | 13.3% | 4 | 723€ |
| 73 | M&D Grill03618404 · Podgorica | 0.3% | 62,055€ | +9.8% | 807€ | 1.3% | 2 | 685€ |
| 74 | MVRS Company03376184 · Podgorica | 0.3% | 60,183€ | -37.7% | -86,525€ | -143.8% | 4 | 601€ |
| 75 | Tortilja Bar Bonito03469042 · Podgorica | 0.3% | 60,014€ | +39.8% | 6,411€ | 10.7% | 2 | 738€ |
| 76 | Maj02967120 · Kolašin | 0.3% | 59,811€ | +59.4% | 832€ | 1.4% | 2 | 354€ |
| 77 | Minago03464504 · Podgorica | 0.3% | 56,212€ | +7.9% | 4,443€ | 7.9% | 1 | 1,106€ |
| 78 | Kalu Plus03090027 · Podgorica | 0.3% | 52,777€ | -1.8% | 1,059€ | 2.0% | 4 | — |
| 79 | Good Apetit03352528 · Podgorica | 0.3% | 50,885€ | +17.7% | 1,719€ | 3.4% | 2 | 509€ |
| 80 | Munchies Montenegro03756483 · Podgorica | 0.3% | 48,745€ | No filing for 2024. | 3,071€ | 6.3% | 2 | 601€ |
| 81 | Efam03358569 · Podgorica | 0.3% | 46,029€ | +0.3% | -7,969€ | -17.3% | 1 | 393€ |
| 82 | Alinka03228355 · Budva | 0.3% | 45,936€ | -35.0% | -8,251€ | -18.0% | 4 | 343€ |
| 83 | Raos03556468 · Mojkovac | 0.2% | 40,804€ | +7.6% | -16,299€ | -39.9% | 3 | 919€ |
| 84 | Gastro Bite03691870 · Nikšić | 0.2% | 37,201€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 1,175€ | 3.2% | 2 | 679€ |
| 85 | Batrić03368025 · Podgorica | 0.2% | 35,315€ | +57.7% | -12,508€ | -35.4% | 3 | — |
| 86 | Kojičić03544249 · Zeta | 0.2% | 35,285€ | -46.5% | 3,261€ | 9.2% | 1 | 678€ |
| 87 | Resh03281086 · Herceg Novi | 0.2% | 33,253€ | -30.6% | -5,433€ | -16.3% | 2 | 614€ |
| 88 | Povratak03770168 · Berane | 0.2% | 33,063€ | No filing for 2024. | 1,435€ | 4.3% | 2 | 618€ |
| 89 | Doner King03600637 · Rožaje | 0.2% | 33,053€ | -15.2% | -30,032€ | -90.9% | 4 | 1,162€ |
| 90 | The Vault03699161 · Podgorica | 0.2% | 32,401€ | +1,226.3% | -5,445€ | -16.8% | 2 | 417€ |
| 91 | Izvor Nina03732444 · Podgorica | 0.2% | 30,809€ | No filing for 2024. | 3,191€ | 10.4% | 2 | 438€ |
| 92 | Tri Lale03706664 · Podgorica | 0.2% | 29,856€ | +3,989.9% | -2,344€ | -7.9% | 3 | 500€ |
| 93 | Connect & RZ03233472 · Tivat | 0.2% | 29,059€ | -14.9% | -7,849€ | -27.0% | 2 | 693€ |
| 94 | Magična Šerpica03364305 · Nikšić | 0.2% | 28,780€ | -4.8% | -771€ | -2.7% | 3 | 431€ |
| 95 | Lolita Company03521575 · Herceg Novi | 0.2% | 28,623€ | -33.5% | -34,136€ | -119.3% | 4 | 498€ |
| 96 | Kruševo02901714 · Podgorica | 0.2% | 28,033€ | +7.4% | -1,806€ | -6.4% | 3 | 510€ |
| 97 | Aksaraj - 3M03199894 · Rožaje | 0.1% | 27,327€ | -23.1% | -19,540€ | -71.5% | 4 | 505€ |
| 98 | Doner House03775607 · Rožaje | 0.1% | 26,478€ | No filing for 2024. | -10,473€ | -39.6% | 0 | — |
| 99 | Zagoričanka03788725 · Podgorica | 0.1% | 25,691€ | No filing for 2024. | -4,922€ | -19.2% | 4 | — |
| 100 | Aksaraj - CG03684709 · Rožaje | 0.1% | 24,597€ | +420.1% | -5,740€ | -23.3% | 1 | 1,697€ |