Companies in Budva ranked by average monthly payroll cost per employee 2017. This 2017 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 2017, on the same criteria as the latest one. Latest list (2025)
Public financial statements processed by BizStats.me.
| # | Company | PIB | ||||
|---|---|---|---|---|---|---|
| 12016: rank 45 | Astra Montenegro Investment Association Construction · Budva | 02772426Income statement (PDF) | 1,535€ | +206.4% | 526,956€ | 12 |
| 22016: rank 1 | Messer Tehnogas Manufacturing · Budva | 02670208Income statement (PDF) | 1,534€ | +6.0% | 1,636,421€ | 19 |
| 3Not in the top 200 in 2016. | Jadranski Sajam Administrative services · Budva | 02005514Income statement (PDF) | 1,376€ | -3.0% | 746,928€ | 10 |
| 42016: rank 4 | Regionalni Vodovod Crnogorsko Primorje Energy, water & waste · Budva | 02090198Income statement (PDF) | 1,336€ | +18.1% | 7,183,110€ | 47 |
| 52016: rank 14 | Aquaterra Solutions Arts & entertainment · Budva | 02970520Income statement (PDF) | 1,308€ | +43.1% | 1,569,567€ | 16 |
| 62016: rank 3 | Pogrebne Usluge Personal services · Budva | 02643707Income statement (PDF) | 1,158€ | +1.4% | 338,937€ | 14 |
| 72016: rank 6 | Budva Plaza Servis Administrative services · Budva | 02793504Income statement (PDF) | 1,131€ | +6.9% | 1,249,026€ | 13 |
| 82016: rank 7 | Auto Moto Budva Professional services · Budva | 02913275Income statement (PDF) | 1,120€ | +8.8% | 78,269€ | 11 |
| 92016: rank 8 | Mediteran Reklame Professional services · Budva | 02380463Income statement (PDF) | 1,104€ | +8.1% | 859,361€ | 24 |
| 102016: rank 21 | Beppler & Jacobson Montenegro Hospitality · Budva | 02391082Income statement (PDF) | 1,062€ | +31.1% | 11,840,549€ | 103 |
| 112016: rank 9 | Kompas Montenegro Administrative services · Budva | 02321688Income statement (PDF) | 1,018€ | +1.7% | 9,106,079€ | 12 |
| 122016: rank 13 | Dukley Marina Arts & entertainment · Budva | 02349523Income statement (PDF) | 1,009€ | +9.3% | 1,139,011€ | 20 |
| 132016: rank 24 | Mediteranski Sportski Centar Arts & entertainment · Budva | 02241358Income statement (PDF) | 976€ | +22.9% | 512,133€ | 25 |
| 14Not in the top 200 in 2016. | Yes Event Professional services · Budva | 02416174Income statement (PDF) | 964€ | +7.0% | 1,133,658€ | 10 |
| 152016: rank 12 | Vodovod i Kanalizacija Energy, water & waste · Budva | 02005573Income statement (PDF) | 956€ | +2.5% | 8,502,134€ | 249 |
| 162016: rank 15 | Komunalno Energy, water & waste · Budva | 02005719Income statement (PDF) | 944€ | +4.0% | 5,102,543€ | 174 |
| 172016: rank 22 | Obala Rafailovići Hospitality · Budva | 02958813Income statement (PDF) | 910€ | +12.5% | 1,933,307€ | 15 |
| 182016: rank 20 | Maestral Hotels and Casinos Arts & entertainment · Budva | 02343029Income statement (PDF) | 885€ | +8.7% | 11,986,669€ | 289 |
| 192016: rank 11 | Akademija Znanja Real estate · Budva | 02764121Income statement (PDF) | 884€ | -9.5% | 184,432€ | 14 |
| 20Not in the top 200 in 2016. | Jamb Administrative services · Budva | 02128462Income statement (PDF) | 861€ | +76.8% | 1,552,246€ | 28 |
| 212016: rank 16 | Adriatic Properties Hospitality · Budva | 02638495Income statement (PDF) | 842€ | -3.6% | 11,795,329€ | 245 |
| 222016: rank 18 | Adriatic Yachting Services Transport & logistics · Budva | 02847973Income statement (PDF) | 834€ | +0.6% | 503,451€ | 16 |
| 232016: rank 5 | Atena - Bohor Construction · Budva | 02297191Income statement (PDF) | 822€ | -22.3% | 4,920,554€ | 46 |
| 242016: rank 19 | Radio Televizija Budva Arts & entertainment · Budva | 02005492Income statement (PDF) | 817€ | -1.0% | 820,459€ | 49 |
| 252016: rank 41 | Parking Servis Budva Transport & logistics · Budva | 02382784Income statement (PDF) | 806€ | +50.9% | 1,876,410€ | 72 |
| 26Not in the top 200 in 2016. | WTWS Construction · Budva | 02673436Income statement (PDF) | 805€ | +1.0% | 1,292,762€ | 10 |
| 272016: rank 35 | Norma Trade · Budva | 02168871Income statement (PDF) | 797€ | +31.5% | 2,315,712€ | 28 |
| 282016: rank 29 | Adriatikkoledž Education · Budva | 03038726Income statement (PDF) | 778€ | +8.5% | 181,591€ | 15 |
| 292016: rank 25 | Hotels Group Montenegro Stars Hospitality · Budva | 02385040Income statement (PDF) | 766€ | -3.4% | 19,960,484€ | 661 |
| 302016: rank 28 | Budvanska Rivijera Hospitality · Budva | 02005328Income statement (PDF) | 760€ | +3.8% | 20,455,355€ | 542 |
| 31Not in the top 200 in 2016. | Dukley Hotel Hospitality · Budva | 03050831Income statement (PDF) | 750€ | +138.9% | 1,218,015€ | 22 |
| 32Not in the top 200 in 2016. | Ris Servis Construction · Budva | 02855232Income statement (PDF) | 716€ | -3.1% | 355,166€ | 11 |
| 332016: rank 31 | Sportsko Rekreativni Centar Budva Arts & entertainment · Budva | 02413388Income statement (PDF) | 705€ | +3.8% | 725,481€ | 37 |
| 342016: rank 30 | Lovćen Film Arts & entertainment · Budva | 02966964Income statement (PDF) | 703€ | +2.6% | 573,998€ | 12 |
| 352016: rank 33 | Petrohotel Hospitality · Budva | 02326175Income statement (PDF) | 692€ | +12.9% | 1,273,867€ | 16 |
| 362016: rank 32 | Megapromet Trade · Budva | 02365928Income statement (PDF) | 689€ | +5.2% | 29,722,733€ | 280 |
| 372016: rank 2 | HTP Vile Oliva Hospitality · Budva | 02624575Income statement (PDF) | 686€ | -46.4% | 3,844,072€ | 15 |
| 382016: rank 27 | Talas-M Administrative services · Budva | 02327023Income statement (PDF) | 684€ | -9.0% | 791,587€ | 20 |
| 392016: rank 36 | Bellevue Hotels Group Hospitality · Budva | 02415828Income statement (PDF) | 639€ | +7.0% | 12,985,778€ | 202 |
| 402016: rank 97 | Mediterantours Hospitality · Budva | 02928230Income statement (PDF) | 638€ | No meaningful percentage: the 2016 or current value is zero, negative, unknown or unreliable. | 4,741,056€ | 138 |
| 412016: rank 55 | Univerzitet Adriatik - Fakultet za Saobraćaj Komunikacije i Logistiku Budva Education · Budva | 02696363Income statement (PDF) | 607€ | +39.9% | 294,653€ | 16 |
| 422016: rank 90 | Canne Montenegro Hospitality · Budva | 03098320Income statement (PDF) | 595€ | No meaningful percentage: the 2016 or current value is zero, negative, unknown or unreliable. | 1,238,033€ | 14 |
| 432016: rank 38 | Gulliver Montenegro Administrative services · Budva | 02436477Income statement (PDF) | 583€ | +0.3% | 591,950€ | 13 |
| 442016: rank 34 | Kobra Manufacturing · Budva | 02378124Income statement (PDF) | 579€ | -5.4% | 647,942€ | 12 |
| 452016: rank 39 | Slavija Trade · Budva | 02415216Income statement (PDF) | 563€ | +1.8% | 4,402,012€ | 30 |
| 46Not in the top 200 in 2016. | I N C Hospitality · Budva | 02425912Income statement (PDF) | 536€ | +8.9% | 877,241€ | 24 |
| 472016: rank 42 | Šebelj Hospitality · Budva | 02370204Income statement (PDF) | 532€ | +1.3% | 233,908€ | 10 |
| 482016: rank 50 | Gugi Commerce Construction · Budva | 02301326Income statement (PDF) | 520€ | +13.5% | 1,931,347€ | 36 |
| 492016: rank 54 | Svicomm Trade · Budva | 02168537Income statement (PDF) | 513€ | +17.1% | 2,588,868€ | 41 |
| 502016: rank 40 | Eco Clean Administrative services · Budva | 02699133Income statement (PDF) | 512€ | -7.1% | 333,555€ | 15 |
Showing 1–50 · top 50 of 134 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 2017, ordered by average monthly payroll cost per employee after applying data-quality eligibility rules.
The leading record is "ASTRA MONTENEGRO INVESTMENT ASSOCIATION" D.O.O. - 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