Companies in Budva ranked by average monthly payroll cost per employee 2016. This 2016 ranking uses public financial statements and the published BizStats.me methodology and eligibility criteria. Only companies with at least 10 employees are ranked.
Archived list for 2016, on the same criteria as the latest one. Latest list (2025)
Public financial statements processed by BizStats.me.
| # | Company | PIB | ||||
|---|---|---|---|---|---|---|
| 12015: rank 3 | Messer Tehnogas Manufacturing · Budva | 02670208Income statement (PDF) | 1,447€ | +10.5% | 1,218,888€ | 19 |
| 22015: rank 49 | HTP Vile Oliva Hospitality · Budva | 02624575Income statement (PDF) | 1,279€ | +211.2% | 3,519,067€ | 15 |
| 32015: rank 11 | Pogrebne Usluge Personal services · Budva | 02643707Income statement (PDF) | 1,142€ | +23.2% | 257,118€ | 14 |
| 42015: rank 4 | Regionalni Vodovod Crnogorsko Primorje Energy, water & waste · Budva | 02090198Income statement (PDF) | 1,131€ | -3.6% | 6,128,053€ | 46 |
| 52015: rank 6 | Atena - Bohor Construction · Budva | 02297191Income statement (PDF) | 1,058€ | +3.5% | 5,600,897€ | 50 |
| 6No filing for 2015. | Budva Plaza Servis Administrative services · Budva | 02793504Income statement (PDF) | 1,058€ | No filing for 2015. | 1,242,002€ | 13 |
| 72015: rank 8 | Auto Moto Budva Professional services · Budva | 02913275Income statement (PDF) | 1,029€ | +6.0% | 83,079€ | 11 |
| 8Not in the top 200 in 2015. | Mediteran Reklame Professional services · Budva | 02380463Income statement (PDF) | 1,021€ | No meaningful percentage: the 2015 or current value is zero, negative, unknown or unreliable. | 754,427€ | 23 |
| 9Not in the top 200 in 2015. | Kompas Montenegro Administrative services · Budva | 02321688Income statement (PDF) | 1,001€ | -1.2% | 5,788,869€ | 10 |
| 10Not in the top 200 in 2015. | Pure Angel Hospitality · Budva | 03035115Income statement (PDF) | 999€ | +186.2% | 1,000,131€ | 20 |
| 112015: rank 15 | Akademija Znanja Real estate · Budva | 02764121Income statement (PDF) | 977€ | +11.7% | 273,224€ | 15 |
| 122015: rank 13 | Vodovod i Kanalizacija Energy, water & waste · Budva | 02005573Income statement (PDF) | 933€ | +3.2% | 8,333,069€ | 242 |
| 13Not in the top 200 in 2015. | Dukley Marina Arts & entertainment · Budva | 02349523Income statement (PDF) | 923€ | +60.0% | 1,161,701€ | 20 |
| 14Not in the top 200 in 2015. | Aquaterra Solutions Arts & entertainment · Budva | 02970520Income statement (PDF) | 914€ | No meaningful percentage: the 2015 or current value is zero, negative, unknown or unreliable. | 1,286,375€ | 11 |
| 152015: rank 7 | Komunalno Energy, water & waste · Budva | 02005719Income statement (PDF) | 908€ | -9.1% | 5,021,680€ | 165 |
| 162015: rank 1 | Adriatic Properties Hospitality · Budva | 02638495Income statement (PDF) | 873€ | -45.1% | 10,053,461€ | 237 |
| 17Not in the top 200 in 2015. | Adria o Zone Hospitality · Budva | 02645947Income statement (PDF) | 872€ | -53.0% | 894,990€ | 15 |
| 18Not in the top 200 in 2015. | Adriatic Yachting Services Transport & logistics · Budva | 02847973Income statement (PDF) | 829€ | +60.3% | 314,978€ | 15 |
| 192015: rank 16 | Radio Televizija Budva Arts & entertainment · Budva | 02005492Income statement (PDF) | 825€ | -4.2% | 818,993€ | 49 |
| 202015: rank 14 | Maestral Hotels and Casinos Arts & entertainment · Budva | 02343029Income statement (PDF) | 814€ | -7.1% | 13,586,519€ | 257 |
| 212015: rank 24 | Beppler & Jacobson Montenegro Hospitality · Budva | 02391082Income statement (PDF) | 810€ | +21.8% | 11,406,505€ | 142 |
| 222015: rank 20 | Obala Rafailovići Hospitality · Budva | 02958813Income statement (PDF) | 809€ | +5.1% | 1,725,460€ | 15 |
| 232015: rank 55 | Recreatours Hospitality · Budva | 02672375Income statement (PDF) | 807€ | +115.8% | 488,442€ | 10 |
| 242015: rank 19 | Mediteranski Sportski Centar Arts & entertainment · Budva | 02241358Income statement (PDF) | 794€ | +2.2% | 493,785€ | 24 |
| 252015: rank 17 | Hotels Group Montenegro Stars Hospitality · Budva | 02385040Income statement (PDF) | 793€ | -0.1% | 18,985,679€ | 657 |
| 262015: rank 42 | Mediteran Express Transport & logistics · Budva | 02851890Income statement (PDF) | 757€ | +72.8% | 1,074,867€ | 40 |
| 272015: rank 28 | Talas-M Administrative services · Budva | 02327023Income statement (PDF) | 752€ | +21.3% | 546,116€ | 17 |
| 282015: rank 10 | Budvanska Rivijera Hospitality · Budva | 02005328Income statement (PDF) | 732€ | -21.5% | 18,578,829€ | 536 |
| 292015: rank 105 | Adriatikkoledž Education · Budva | 03038726Income statement (PDF) | 717€ | No meaningful percentage: the 2015 or current value is zero, negative, unknown or unreliable. | 157,095€ | 15 |
| 30Not in the top 200 in 2015. | Lovćen Film Arts & entertainment · Budva | 02966964Income statement (PDF) | 685€ | +24.5% | 700,409€ | 12 |
| 312015: rank 23 | Sportsko Rekreativni Centar Budva Arts & entertainment · Budva | 02413388Income statement (PDF) | 679€ | -1.0% | 689,745€ | 37 |
| 322015: rank 26 | Megapromet Trade · Budva | 02365928Income statement (PDF) | 655€ | -0.9% | 27,467,364€ | 271 |
| 332015: rank 32 | Petrohotel Hospitality · Budva | 02326175Income statement (PDF) | 613€ | +8.1% | 1,152,963€ | 16 |
| 342015: rank 31 | Kobra Manufacturing · Budva | 02378124Income statement (PDF) | 612€ | +6.3% | 538,299€ | 10 |
| 352015: rank 5 | Norma Trade · Budva | 02168871Income statement (PDF) | 606€ | -48.0% | 2,244,289€ | 31 |
| 362015: rank 25 | Bellevue Hotels Group Hospitality · Budva | 02415828Income statement (PDF) | 597€ | -10.0% | 11,538,931€ | 188 |
| 37Not in the top 200 in 2015. | Arbun Commerce Arts & entertainment · Budva | 02110016Income statement (PDF) | 581€ | +55.8% | 401,761€ | 10 |
| 382015: rank 27 | Gulliver Montenegro Administrative services · Budva | 02436477Income statement (PDF) | 581€ | -11.4% | 346,934€ | 13 |
| 392015: rank 30 | Slavija Trade · Budva | 02415216Income statement (PDF) | 553€ | -7.5% | 4,147,190€ | 37 |
| 40Not in the top 200 in 2015. | Eco Clean Administrative services · Budva | 02699133Income statement (PDF) | 551€ | No meaningful percentage: the 2015 or current value is zero, negative, unknown or unreliable. | 253,322€ | 10 |
| 412015: rank 9 | Parking Servis Budva Transport & logistics · Budva | 02382784Income statement (PDF) | 534€ | -43.8% | 1,361,380€ | 76 |
| 422015: rank 38 | Šebelj Hospitality · Budva | 02370204Income statement (PDF) | 525€ | +3.1% | 214,131€ | 10 |
| 432015: rank 33 | Montenegro Art Trade · Budva | 02620898Income statement (PDF) | 505€ | -9.5% | 166,560€ | 10 |
| 442015: rank 39 | Detel Co Trade · Budva | 02343347Income statement (PDF) | 503€ | -0.2% | 963,022€ | 32 |
| 452015: rank 61 | Astra Montenegro Investment Association Construction · Budva | 02772426Income statement (PDF) | 501€ | +44.8% | 2,128,502€ | 12 |
| 462015: rank 36 | Mikro-International Hospitality · Budva | 02380471Income statement (PDF) | 484€ | -9.2% | 350,050€ | 14 |
| 472015: rank 12 | Top Hill Hospitality · Budva | 02786818Income statement (PDF) | 483€ | -47.7% | 1,959,376€ | 20 |
| 482015: rank 21 | Adria Invest Construction · Budva | 02335425Income statement (PDF) | 471€ | -36.1% | 744,687€ | 39 |
| 49Not in the top 200 in 2015. | Piloninternational Administrative services · Budva | 02379511Income statement (PDF) | 467€ | -28.4% | 2,347,019€ | 10 |
| 502015: rank 37 | Gugi Commerce Construction · Budva | 02301326Income statement (PDF) | 458€ | -11.2% | 2,219,976€ | 44 |
Showing 1–50 · top 50 of 120 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 2016, ordered by average monthly payroll cost per employee after applying data-quality eligibility rules.
The leading record is "MESSER TEHNOGAS" AD BEOGRAD - "FABRIKA PETROVAC " - PETROVAC; 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