Companies in Budva ranked by average monthly payroll cost per employee 2025. This 2025 ranking uses public financial statements and the published BizStats.me methodology and eligibility criteria. Only companies with at least 10 employees are ranked.
Public financial statements processed by BizStats.me.
| # | Company | PIB | ||||
|---|---|---|---|---|---|---|
| 12024: rank 1 | Linux Development Technology · Budva | 03421252Income statement (PDF) | 6,618€ | -8.3% | 1,283,200€ | 16 |
| 22024: rank 2 | Belka Games Me Technology · Budva | 03418545Income statement (PDF) | 5,079€ | -1.4% | 1,969,609€ | 23 |
| 32024: rank 15 | Unikop Omnia Hospitality · Budva | 03166180Income statement (PDF) | 4,205€ | +80.5% | 1,091,452€ | 10 |
| 42024: rank 3 | Top Hill Hospitality · Budva | 02786818Income statement (PDF) | 4,058€ | -6.9% | 1,525,819€ | 13 |
| 52024: rank 8 | Mankrik Technology · Budva | 03454517Income statement (PDF) | 3,908€ | +29.7% | 1,381,904€ | 16 |
| 62024: rank 7 | HRS Technologies Education · Budva | 03415775Income statement (PDF) | 3,719€ | +2.7% | 805,881€ | 13 |
| 72024: rank 6 | Hasber Construction Construction · Budva | 03305538Income statement (PDF) | 3,108€ | -14.9% | 792,884€ | 15 |
| 82024: rank 12 | Tara Hotel Hospitality · Budva | 03039510Income statement (PDF) | 2,977€ | +21.8% | 6,159,213€ | 48 |
| 92024: rank 20 | Atena - Bohor Construction · Budva | 02297191Income statement (PDF) | 2,413€ | +22.5% | 8,638,120€ | 31 |
| 102024: rank 10 | Luminalis Administrative services · Budva | 02412845Income statement (PDF) | 2,375€ | -4.2% | 989,066€ | 12 |
| 112024: rank 166 | Farro Mne Hospitality · Budva | 03462188Income statement (PDF) | 2,355€ | +207.8% | 2,476,810€ | 10 |
| 122024: rank 19 | Villa Geba Management Hospitality · Budva | 03251691Income statement (PDF) | 2,296€ | +16.0% | 785,181€ | 19 |
| 132024: rank 14 | Humana Reprodukcija Health & social care · Budva | 02931761Income statement (PDF) | 2,247€ | -3.7% | 1,032,585€ | 11 |
| 142024: rank 18 | Regionalni Vodovod Crnogorsko Primorje Energy, water & waste · Budva | 02090198Income statement (PDF) | 2,149€ | +1.6% | 9,581,872€ | 80 |
| 152024: rank 21 | Dukley Hotel Hospitality · Budva | 03050831Income statement (PDF) | 2,141€ | +9.2% | 15,079,028€ | 216 |
| 162024: rank 13 | Shanghai Hospitality · Budva | 02914859Income statement (PDF) | 2,060€ | -14.4% | 1,256,566€ | 21 |
| 17Not in the top 200 in 2024. | Pjati Hospitality · Budva | 03161277Income statement (PDF) | 2,050€ | +160.2% | 744,947€ | 10 |
| 182024: rank 22 | Edu Hub Education · Budva | 02979691Income statement (PDF) | 2,049€ | +4.9% | 240,242€ | 10 |
| 192024: rank 53 | Stublina Construction · Budva | 03183696Income statement (PDF) | 2,022€ | +38.9% | 2,077,716€ | 18 |
| 202024: rank 180 | Hotel Park Hospitality · Budva | 03610250Income statement (PDF) | 1,977€ | +172.3% | 2,366,930€ | 17 |
| 212024: rank 41 | Talas-M Administrative services · Budva | 02327023Income statement (PDF) | 1,975€ | +26.3% | 888,389€ | 17 |
| 222024: rank 25 | Parking Servis Budva Transport & logistics · Budva | 02382784Income statement (PDF) | 1,931€ | +2.8% | 3,960,511€ | 97 |
| 232024: rank 30 | Hotels Group Montenegro Stars Hospitality · Budva | 02385040Income statement (PDF) | 1,894€ | +8.8% | 28,406,958€ | 565 |
| 242024: rank 26 | Otpadne Vode Energy, water & waste · Budva | 03304388Income statement (PDF) | 1,890€ | +1.0% | 1,743,432€ | 28 |
| 252024: rank 45 | Sany - Company Transport & logistics · Budva | 02675501Income statement (PDF) | 1,857€ | +21.8% | 519,576€ | 12 |
| 262024: rank 77 | Adriatikkoledž Education · Budva | 03038726Income statement (PDF) | 1,851€ | +47.8% | 2,678,553€ | 70 |
| 272024: rank 23 | Stratex Management Real estate · Budva | 02978229Income statement (PDF) | 1,834€ | -6.1% | 3,250,538€ | 80 |
| 282024: rank 35 | Casper Productio Hospitality · Budva | 02448882Income statement (PDF) | 1,833€ | +15.6% | 837,755€ | 11 |
| 292024: rank 38 | Kompas Montenegro Administrative services · Budva | 02321688Income statement (PDF) | 1,792€ | +13.3% | 20,432,879€ | 27 |
| 302024: rank 31 | Milmedika Health & social care · Budva | 02983613Income statement (PDF) | 1,786€ | +6.3% | 1,536,718€ | 33 |
| 312024: rank 49 | BS Construction Construction · Budva | 03377326Income statement (PDF) | 1,761€ | +17.2% | 1,608,307€ | 14 |
| 322024: rank 27 | Yes Event Professional services · Budva | 02416174Income statement (PDF) | 1,725€ | -6.5% | 3,270,554€ | 14 |
| 332024: rank 50 | I N C Hospitality · Budva | 02425912Income statement (PDF) | 1,710€ | +14.5% | 1,849,738€ | 30 |
| 342024: rank 29 | Adriatic Properties Hospitality · Budva | 02638495Income statement (PDF) | 1,682€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 2,040,746€ | 59 |
| 352024: rank 48 | Duomo MN Hospitality · Budva | 03558096Income statement (PDF) | 1,678€ | +11.5% | 1,608,153€ | 28 |
| 36Not in the top 200 in 2024. | Mix Markt 3805 Trade · Budva | 03360032Income statement (PDF) | 1,669€ | -10.6% | 2,121,440€ | 10 |
| 37Not in the top 200 in 2024. | Zeta Film Hospitality · Budva | 02005263Income statement (PDF) | 1,659€ | -31.7% | 2,863,684€ | 13 |
| 382024: rank 60 | Sea Star Hotels Hospitality · Budva | 03537714Income statement (PDF) | 1,651€ | +20.5% | 3,650,946€ | 32 |
| 39No filing for 2024. | Komunalno Energy, water & waste · Budva | 02005719Income statement (PDF) | 1,647€ | No filing for 2024. | 9,666,060€ | 247 |
| 40Not in the top 200 in 2024. | Zevs Compani Construction · Budva | 02982994Income statement (PDF) | 1,641€ | +109.6% | 1,157,220€ | 12 |
| 412024: rank 140 | Montenegro - Cop Construction · Budva | 03071103Income statement (PDF) | 1,617€ | +85.6% | 3,671,029€ | 20 |
| 422024: rank 33 | Pogrebne Usluge Personal services · Budva | 02643707Income statement (PDF) | 1,611€ | +1.3% | 676,883€ | 24 |
| 43Not in the top 200 in 2024. | Mac Sun D.M.C. Montenegro Administrative services · Budva | 03302539Income statement (PDF) | 1,596€ | +33.9% | 259,191€ | 10 |
| 442024: rank 78 | Rockler Inženjering Construction · Budva | 02373564Income statement (PDF) | 1,576€ | +26.5% | 4,444,537€ | 32 |
| 452024: rank 42 | Slavija Trade · Budva | 02415216Income statement (PDF) | 1,569€ | +0.6% | 12,983,618€ | 102 |
| 462024: rank 36 | Norma Trade · Budva | 02168871Income statement (PDF) | 1,560€ | -1.6% | 6,079,547€ | 41 |
| 472024: rank 115 | Imperiall Carević Hospitality · Budva | 03110982Income statement (PDF) | 1,557€ | +59.4% | 1,836,794€ | 31 |
| 482024: rank 161 | Gugi Commerce Construction · Budva | 02301326Income statement (PDF) | 1,556€ | +100.5% | 3,467,323€ | 38 |
| 492024: rank 44 | Maestral Hotels and Casinos Arts & entertainment · Budva | 02343029Income statement (PDF) | 1,556€ | +1.0% | 25,882,633€ | 354 |
| 50Not in the top 200 in 2024. | Esenze Construction Construction · Budva | 03720985Income statement (PDF) | 1,552€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 472,267€ | 10 |
Showing 1–50 · top 50 of 248 companies
* 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 →
This ranking contains 50 records for 2025, ordered by average monthly payroll cost per employee after applying data-quality eligibility rules.
The leading record is D.O.O. "LINUX DEVELOPMENT" BUDVA; placement is determined by average monthly payroll cost per employee, never by payment.
The source, coverage, minimum thresholds and ranking rules are documented in the public methodology. Methodology