Companies in Budva ranked by average monthly payroll cost per employee 2018. This 2018 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 2018, on the same criteria as the latest one. Latest list (2025)
Public financial statements processed by BizStats.me.
| # | Company | PIB | ||||
|---|---|---|---|---|---|---|
| 12017: rank 4 | Regionalni Vodovod Crnogorsko Primorje Energy, water & waste · Budva | 02090198Income statement (PDF) | 1,670€ | +25.0% | 7,670,583€ | 59 |
| 22017: rank 2 | Messer Tehnogas Manufacturing · Budva | 02670208Income statement (PDF) | 1,533€ | -0.1% | 1,820,044€ | 19 |
| 32017: rank 37 | HTP Vile Oliva Hospitality · Budva | 02624575Income statement (PDF) | 1,450€ | +111.4% | 4,515,775€ | 18 |
| 42017: rank 1 | Astra Montenegro Investment Association Construction · Budva | 02772426Income statement (PDF) | 1,415€ | -7.8% | 1,465,209€ | 18 |
| 52017: rank 3 | Jadranski Sajam Administrative services · Budva | 02005514Income statement (PDF) | 1,376€ | 0.0% | 727,931€ | 10 |
| 62017: rank 6 | Pogrebne Usluge Personal services · Budva | 02643707Income statement (PDF) | 1,231€ | +6.3% | 473,456€ | 14 |
| 72017: rank 5 | Aquaterra Solutions Arts & entertainment · Budva | 02970520Income statement (PDF) | 1,221€ | -6.7% | 1,176,281€ | 10 |
| 82017: rank 9 | Mediteran Reklame Professional services · Budva | 02380463Income statement (PDF) | 1,220€ | +10.5% | 883,917€ | 26 |
| 92017: rank 7 | Budva Plaza Servis Administrative services · Budva | 02793504Income statement (PDF) | 1,206€ | +6.6% | 1,263,279€ | 13 |
| 102017: rank 10 | Beppler & Jacobson Montenegro Hospitality · Budva | 02391082Income statement (PDF) | 1,192€ | +12.2% | 11,831,009€ | 93 |
| 112017: rank 12 | Dukley Marina Arts & entertainment · Budva | 02349523Income statement (PDF) | 1,126€ | +11.6% | 1,106,706€ | 18 |
| 122017: rank 11 | Kompas Montenegro Administrative services · Budva | 02321688Income statement (PDF) | 1,113€ | +9.3% | 10,022,278€ | 16 |
| 132017: rank 18 | Maestral Hotels and Casinos Arts & entertainment · Budva | 02343029Income statement (PDF) | 1,022€ | +15.5% | 36,652,721€ | 357 |
| 142017: rank 31 | Dukley Hotel Hospitality · Budva | 03050831Income statement (PDF) | 993€ | +32.4% | 2,991,950€ | 76 |
| 152017: rank 16 | Komunalno Energy, water & waste · Budva | 02005719Income statement (PDF) | 961€ | +1.8% | 5,280,495€ | 179 |
| 162017: rank 15 | Vodovod i Kanalizacija Energy, water & waste · Budva | 02005573Income statement (PDF) | 958€ | +0.2% | 7,312,198€ | 243 |
| 172017: rank 25 | Parking Servis Budva Transport & logistics · Budva | 02382784Income statement (PDF) | 946€ | +17.4% | 2,069,678€ | 78 |
| 182017: rank 133 | Toeris Montenegro Real estate · Budva | 03055680Income statement (PDF) | 935€ | No meaningful percentage: the 2017 or current value is zero, negative, unknown or unreliable. | 188,033€ | 14 |
| 192017: rank 23 | Atena - Bohor Construction · Budva | 02297191Income statement (PDF) | 906€ | +10.2% | 7,519,209€ | 43 |
| 202017: rank 22 | Adriatic Yachting Services Transport & logistics · Budva | 02847973Income statement (PDF) | 863€ | +3.5% | 567,591€ | 14 |
| 212017: rank 20 | Jamb Administrative services · Budva | 02128462Income statement (PDF) | 828€ | -3.8% | 1,632,728€ | 58 |
| 222017: rank 29 | Hotels Group Montenegro Stars Hospitality · Budva | 02385040Income statement (PDF) | 822€ | +7.3% | 20,724,341€ | 650 |
| 232017: rank 19 | Akademija Znanja Real estate · Budva | 02764121Income statement (PDF) | 817€ | -7.6% | 264,942€ | 12 |
| 242017: rank 13 | Mediteranski Sportski Centar Arts & entertainment · Budva | 02241358Income statement (PDF) | 816€ | -16.4% | 502,204€ | 28 |
| 252017: rank 26 | WTWS Construction · Budva | 02673436Income statement (PDF) | 805€ | 0.0% | 734,634€ | 10 |
| 262017: rank 21 | Adriatic Properties Hospitality · Budva | 02638495Income statement (PDF) | 804€ | -4.5% | 12,940,246€ | 280 |
| 272017: rank 24 | Radio Televizija Budva Arts & entertainment · Budva | 02005492Income statement (PDF) | 783€ | -4.2% | 945,264€ | 53 |
| 282017: rank 38 | Talas-M Administrative services · Budva | 02327023Income statement (PDF) | 778€ | +13.7% | 710,280€ | 23 |
| 292017: rank 30 | Budvanska Rivijera Hospitality · Budva | 02005328Income statement (PDF) | 739€ | -2.8% | 21,573,443€ | 585 |
| 302017: rank 34 | Lovćen Film Arts & entertainment · Budva | 02966964Income statement (PDF) | 736€ | +4.7% | 558,337€ | 11 |
| 312017: rank 33 | Sportsko Rekreativni Centar Budva Arts & entertainment · Budva | 02413388Income statement (PDF) | 729€ | +3.4% | 631,129€ | 38 |
| 322017: rank 36 | Megapromet Trade · Budva | 02365928Income statement (PDF) | 692€ | +0.4% | 31,539,353€ | 297 |
| 332017: rank 28 | Adriatikkoledž Education · Budva | 03038726Income statement (PDF) | 657€ | -15.6% | 164,030€ | 15 |
| 342017: rank 39 | Bellevue Hotels Group Hospitality · Budva | 02415828Income statement (PDF) | 654€ | +2.3% | 13,990,915€ | 214 |
| 352017: rank 44 | Kobra Manufacturing · Budva | 02378124Income statement (PDF) | 651€ | +12.4% | 690,907€ | 13 |
| 362017: rank 45 | Slavija Trade · Budva | 02415216Income statement (PDF) | 647€ | +14.9% | 3,460,019€ | 19 |
| 372017: rank 41 | Univerzitet Adriatik - Fakultet za Saobraćaj Komunikacije i Logistiku Budva Education · Budva | 02696363Income statement (PDF) | 630€ | +3.8% | 241,865€ | 15 |
| 382017: rank 54 | Biblio Globus Administrative services · Budva | 03016277Income statement (PDF) | 594€ | +24.3% | 6,947,547€ | 12 |
| 392017: rank 43 | Gulliver Montenegro Administrative services · Budva | 02436477Income statement (PDF) | 593€ | +1.7% | 662,258€ | 15 |
| 402017: rank 47 | Šebelj Hospitality · Budva | 02370204Income statement (PDF) | 564€ | +6.0% | 265,542€ | 10 |
| 412017: rank 35 | Petrohotel Hospitality · Budva | 02326175Income statement (PDF) | 558€ | -19.4% | 1,336,585€ | 15 |
| 42Not in the top 200 in 2017. | Mediterancapital Hospitality · Budva | 03158594Income statement (PDF) | 553€ | No meaningful percentage: the 2017 or current value is zero, negative, unknown or unreliable. | 419,565€ | 14 |
| 432017: rank 40 | Mediterantours Hospitality · Budva | 02928230Income statement (PDF) | 550€ | -13.8% | 94,504€ | 16 |
| 442017: rank 14 | Yes Event Professional services · Budva | 02416174Income statement (PDF) | 546€ | -43.4% | 1,179,215€ | 13 |
| 452017: rank 17 | Obala Rafailovići Hospitality · Budva | 02958813Income statement (PDF) | 543€ | -40.3% | 1,667,725€ | 25 |
| 462017: rank 46 | I N C Hospitality · Budva | 02425912Income statement (PDF) | 515€ | -3.9% | 1,227,036€ | 29 |
| 472017: rank 49 | Svicomm Trade · Budva | 02168537Income statement (PDF) | 513€ | 0.0% | 2,700,378€ | 43 |
| 482017: rank 51 | Pure Angel Hospitality · Budva | 03035115Income statement (PDF) | 506€ | 0.0% | 851,364€ | 22 |
| 492017: rank 53 | Mikro-International Hospitality · Budva | 02380471Income statement (PDF) | 502€ | +1.8% | 474,604€ | 14 |
| 50Not in the top 200 in 2017. | Bello Porto Hospitality · Budva | 02627248Income statement (PDF) | 501€ | -18.8% | 739,698€ | 10 |
Showing 1–50 · top 50 of 154 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 2018, ordered by average monthly payroll cost per employee after applying data-quality eligibility rules.
The leading record is D.O.O. "REGIONALNI VODOVOD CRNOGORSKO PRIMORJE"; 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