Companies in Budva ranked by average monthly payroll cost per employee 2022. This 2022 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 2022, on the same criteria as the latest one. Latest list (2025)
Public financial statements processed by BizStats.me.
| # | Company | PIB | ||||
|---|---|---|---|---|---|---|
| 1No filing for 2021. | Linux Development Technology · Budva | 03421252Income statement (PDF) | 5,482€ | No filing for 2021. | 1,390,580€ | 21 |
| 2No filing for 2021. | Belka Games Me Technology · Budva | 03418545Income statement (PDF) | 2,689€ | No filing for 2021. | 1,473,501€ | 38 |
| 3Not in the top 200 in 2021. | Unikop Omnia Hospitality · Budva | 03166180Income statement (PDF) | 2,187€ | +28.6% | 931,369€ | 12 |
| 42021: rank 3 | Messer Tehnogas Manufacturing · Budva | 02670208Income statement (PDF) | 1,955€ | -5.0% | 2,335,704€ | 22 |
| 52021: rank 2 | Villa Geba Management Hospitality · Budva | 03251691Income statement (PDF) | 1,911€ | -22.4% | 790,447€ | 27 |
| 6Not in the top 200 in 2021. | Luminalis Administrative services · Budva | 02412845Income statement (PDF) | 1,891€ | -20.8% | 502,734€ | 10 |
| 72021: rank 6 | Komunalno Energy, water & waste · Budva | 02005719Income statement (PDF) | 1,784€ | +14.5% | 6,274,173€ | 171 |
| 82021: rank 16 | Kompas Montenegro Administrative services · Budva | 02321688Income statement (PDF) | 1,732€ | +40.2% | 13,742,322€ | 16 |
| 92021: rank 7 | Adriatic Properties Hospitality · Budva | 02638495Income statement (PDF) | — | No meaningful percentage: the 2021 or current value is zero, negative, unknown or unreliable. | 993,269€ | 32 |
| 10Not in the top 200 in 2021. | Petrohotel Hospitality · Budva | 02326175Income statement (PDF) | 1,643€ | -36.8% | 762,380€ | 16 |
| 112021: rank 5 | Stratex Management Real estate · Budva | 02978229Income statement (PDF) | 1,612€ | 0.0% | 2,719,778€ | 48 |
| 122021: rank 4 | Regionalni Vodovod Crnogorsko Primorje Energy, water & waste · Budva | 02090198Income statement (PDF) | 1,589€ | -8.0% | 7,734,426€ | 79 |
| 132021: rank 11 | Dukley Marina Arts & entertainment · Budva | 02349523Income statement (PDF) | 1,574€ | +14.3% | 912,148€ | 16 |
| 142021: rank 9 | Dukley Hotel Hospitality · Budva | 03050831Income statement (PDF) | 1,557€ | +4.5% | 8,940,400€ | 103 |
| 152021: rank 102 | Recreatours Hospitality · Budva | 02672375Income statement (PDF) | 1,548€ | +259.2% | 1,667,150€ | 10 |
| 162021: rank 8 | Atena - Bohor Construction · Budva | 02297191Income statement (PDF) | 1,544€ | +3.4% | 5,453,301€ | 33 |
| 172021: rank 121 | Stela Bu2 Trade · Budva | 02925567Income statement (PDF) | 1,532€ | +310.7% | 3,390,254€ | 14 |
| 182021: rank 14 | Otpadne Vode Energy, water & waste · Budva | 03304388Income statement (PDF) | 1,505€ | +20.3% | 881,061€ | 29 |
| 19Not in the top 200 in 2021. | Vadjon Hospitality · Budva | 02400758Income statement (PDF) | 1,488€ | +100.0% | 895,602€ | 10 |
| 202021: rank 25 | Budvanska Rivijera Hospitality · Budva | 02005328Income statement (PDF) | 1,487€ | +39.9% | 19,531,085€ | 412 |
| 212021: rank 126 | Laganini Hospitality · Budva | 03155820Income statement (PDF) | 1,477€ | +311.4% | 1,651,969€ | 20 |
| 222021: rank 35 | Kairos Hospitality · Budva | 02408309Income statement (PDF) | 1,469€ | +55.6% | 850,737€ | 14 |
| 232021: rank 95 | Milmedika Health & social care · Budva | 02983613Income statement (PDF) | 1,439€ | +219.8% | 1,217,275€ | 30 |
| 242021: rank 32 | Suntime Hospitality · Budva | 02632934Income statement (PDF) | 1,438€ | +49.6% | 580,156€ | 15 |
| 25Not in the top 200 in 2021. | Casper Productio Hospitality · Budva | 02448882Income statement (PDF) | 1,409€ | +65.2% | 658,711€ | 10 |
| 262021: rank 37 | Rockler Inženjering Construction · Budva | 02373564Income statement (PDF) | 1,380€ | +51.6% | 6,648,425€ | 21 |
| 272021: rank 13 | Vodovod i Kanalizacija Energy, water & waste · Budva | 02005573Income statement (PDF) | 1,374€ | +4.9% | 7,840,025€ | 236 |
| 282021: rank 12 | Hotels Group Montenegro Stars Hospitality · Budva | 02385040Income statement (PDF) | 1,347€ | +0.3% | 21,654,293€ | 524 |
| 292021: rank 44 | Ljetopis Stars Hospitality · Budva | 03075176Income statement (PDF) | 1,314€ | +65.3% | 2,009,698€ | 41 |
| 302021: rank 78 | Shanghai Hospitality · Budva | 02914859Income statement (PDF) | 1,312€ | +153.3% | 1,078,643€ | 17 |
| 312021: rank 15 | Mediteran Reklame Professional services · Budva | 02380463Income statement (PDF) | 1,305€ | +5.3% | 627,058€ | 35 |
| 322021: rank 17 | Budva Plaza Servis Administrative services · Budva | 02793504Income statement (PDF) | 1,266€ | +3.1% | 259,261€ | 13 |
| 332021: rank 54 | Shilo M Hospitality · Budva | 03160785Income statement (PDF) | 1,265€ | +95.2% | 1,014,246€ | 23 |
| 342021: rank 23 | Parking Servis Budva Transport & logistics · Budva | 02382784Income statement (PDF) | 1,264€ | +17.0% | 2,296,399€ | 87 |
| 352021: rank 30 | S.A.R.D. Inženjering Construction · Budva | 03218783Income statement (PDF) | 1,231€ | +24.0% | 1,682,185€ | 14 |
| 362021: rank 20 | Maestral Hotels and Casinos Arts & entertainment · Budva | 02343029Income statement (PDF) | 1,211€ | +5.6% | 18,843,749€ | 344 |
| 372021: rank 38 | Beppler & Jacobson Montenegro Hospitality · Budva | 02391082Income statement (PDF) | 1,186€ | +33.0% | 11,946,894€ | 73 |
| 382021: rank 24 | Pogrebne Usluge Personal services · Budva | 02643707Income statement (PDF) | 1,179€ | +9.8% | 564,175€ | 19 |
| 39No filing for 2021. | Medusa Company Hospitality · Budva | 03392465Income statement (PDF) | 1,168€ | No filing for 2021. | 1,432,434€ | 18 |
| 402021: rank 45 | Adriatic Yachting Services Transport & logistics · Budva | 02847973Income statement (PDF) | 1,156€ | +50.1% | 191,859€ | 14 |
| 412021: rank 33 | Bim Security Administrative services · Budva | 02895773Income statement (PDF) | 1,154€ | +20.1% | 288,667€ | 15 |
| 422021: rank 26 | Bellevue Hotels Group Hospitality · Budva | 02415828Income statement (PDF) | 1,153€ | +10.3% | 14,060,515€ | 201 |
| 432021: rank 21 | Radio Televizija Budva Arts & entertainment · Budva | 02005492Income statement (PDF) | 1,152€ | +5.3% | 1,148,558€ | 55 |
| 442021: rank 28 | Univerzitet Adriatik - Fakultet za Saobraćaj Komunikacije i Logistiku Budva Education · Budva | 02696363Income statement (PDF) | 1,131€ | +10.6% | 253,780€ | 14 |
| 452021: rank 18 | Mediteranski Sportski Centar Arts & entertainment · Budva | 02241358Income statement (PDF) | 1,113€ | -9.4% | 762,352€ | 45 |
| 462021: rank 77 | Orizzonte Hospitality · Budva | 03109470Income statement (PDF) | 1,109€ | +111.6% | 958,839€ | 20 |
| 472021: rank 65 | Praxis Hospitality · Budva | 02955113Income statement (PDF) | 1,104€ | +92.0% | 854,961€ | 27 |
| 482021: rank 42 | Woow Hospitality · Budva | 02887738Income statement (PDF) | 1,092€ | +27.4% | 3,058,129€ | 29 |
| 492021: rank 53 | Mediteran Express Transport & logistics · Budva | 02851890Income statement (PDF) | 1,083€ | +66.9% | 1,507,893€ | 40 |
| 50Not in the top 200 in 2021. | BS Construction Construction · Budva | 03377326Income statement (PDF) | 1,065€ | +230.7% | 893,796€ | 10 |
Showing 1–50 · top 50 of 191 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 2022, 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