Companies in Tivat 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 | ||||
|---|---|---|---|---|---|---|
| 12021: rank 1 | Luštica Development Hospitality · Tivat | 02744597Income statement (PDF) | 3,638€ | +3.6% | 36,112,637€ | 82 |
| 22021: rank 2 | N.V.Besix S.A. Montenegro Construction · Tivat | 02945371Income statement (PDF) | 3,578€ | +9.3% | 15,810,458€ | 20 |
| 32021: rank 9 | Navar Incorporated Manufacturing · Tivat | 02346303Income statement (PDF) | 2,890€ | +73.0% | 3,868,055€ | 32 |
| 42021: rank 3 | Fakultet za Mediteranske Poslovne Studije, Tivat Education · Tivat | 02742128Income statement (PDF) | 2,754€ | -7.5% | 417,763€ | 10 |
| 5Not in the top 200 in 2021. | Mamula Hotel Operating Company Hospitality · Tivat | 03396592Income statement (PDF) | — | No meaningful percentage: the 2021 or current value is zero, negative, unknown or unreliable. | 3,855€ | 42 |
| 62021: rank 5 | Adriatic Marinas Arts & entertainment · Tivat | 02467593Income statement (PDF) | 2,654€ | +13.3% | 40,015,406€ | 254 |
| 72021: rank 6 | Knightsbridge Schools Montenegro Education · Tivat | 02799316Income statement (PDF) | 2,156€ | +12.2% | 2,238,127€ | 39 |
| 82021: rank 12 | LB Leisure Management Hospitality · Tivat | 03347958Income statement (PDF) | 2,005€ | +51.5% | 922,639€ | 30 |
| 92021: rank 8 | La Perla Hospitality Hospitality · Tivat | 03295419Income statement (PDF) | 1,955€ | +11.0% | 5,630,516€ | 85 |
| 10Not in the top 200 in 2021. | Lalizas Montenegro Trade · Tivat | 03174573Income statement (PDF) | 1,946€ | -0.4% | 721,299€ | 10 |
| 112021: rank 7 | Vodacom Professional services · Tivat | 02426331Income statement (PDF) | 1,846€ | -0.6% | 449,272€ | 14 |
| 122021: rank 14 | LB Hotels Management Hospitality · Tivat | 03201309Income statement (PDF) | 1,657€ | +28.4% | 6,692,965€ | 127 |
| 13Not in the top 200 in 2021. | Los Gueros Hospitality · Tivat | 03400107Income statement (PDF) | 1,629€ | No meaningful percentage: the 2021 or current value is zero, negative, unknown or unreliable. | 479,448€ | 15 |
| 14Not in the top 200 in 2021. | Berba Trade · Tivat | 02811227Income statement (PDF) | 1,619€ | -17.7% | 3,206,284€ | 11 |
| 152021: rank 15 | Primorje Hospitality · Tivat | 02008637Income statement (PDF) | 1,580€ | +23.4% | 3,126,440€ | 44 |
| 162021: rank 4 | LB Town Management Administrative services · Tivat | 03327299Income statement (PDF) | 1,542€ | No meaningful percentage: the 2021 or current value is zero, negative, unknown or unreliable. | 3,511,658€ | 91 |
| 172021: rank 13 | PM Hotels Administrative services · Tivat | 02790220Income statement (PDF) | 1,529€ | +17.5% | 9,186,152€ | 197 |
| 182021: rank 26 | Fashion Porto Trade · Tivat | 02654105Income statement (PDF) | 1,498€ | +57.0% | 3,713,644€ | 24 |
| 192021: rank 17 | Aaa -1 Rent Administrative services · Tivat | 02720817Income statement (PDF) | 1,404€ | +16.8% | 2,680,487€ | 16 |
| 202021: rank 64 | Food Style Mne Hospitality · Tivat | 02818124Income statement (PDF) | 1,402€ | +278.9% | 5,124,462€ | 36 |
| 212021: rank 10 | Vodovod i Kanalizacija Energy, water & waste · Tivat | 02295407Income statement (PDF) | 1,353€ | -5.6% | 3,619,585€ | 62 |
| 222021: rank 19 | Art-S-Design Construction · Tivat | 03129314Income statement (PDF) | 1,351€ | +21.1% | 2,370,131€ | 55 |
| 232021: rank 28 | Bread Manufacturing · Tivat | 03151409Income statement (PDF) | 1,281€ | +37.3% | 1,625,719€ | 25 |
| 242021: rank 29 | A+ Yachting Transport & logistics · Tivat | 03180042Income statement (PDF) | 1,266€ | +45.7% | 3,513,095€ | 13 |
| 25Not in the top 200 in 2021. | Za Odvođenje i Prečišćavanje Otpadnih Voda za Opštine Kotor i Energy, water & waste · Tivat | 03211398Income statement (PDF) | 1,257€ | -26.6% | 546,728€ | 10 |
| 262021: rank 52 | Optimist Hospitality · Tivat | 02815796Income statement (PDF) | 1,236€ | +157.0% | 1,540,522€ | 10 |
| 272021: rank 51 | Daj Group Hospitality · Tivat | 02983630Income statement (PDF) | 1,222€ | +153.0% | 548,050€ | 10 |
| 282021: rank 25 | Samcommerce Plus Transport & logistics · Tivat | 02982234Income statement (PDF) | 1,163€ | +20.4% | 624,869€ | 15 |
| 292021: rank 30 | Network Communication Technology · Tivat | 02390663Income statement (PDF) | 1,161€ | +37.2% | 2,027,672€ | 30 |
| 302021: rank 69 | Milo&Chayse Hospitality · Tivat | 03346242Income statement (PDF) | 1,150€ | +239.2% | 1,800,027€ | 17 |
| 312021: rank 41 | Poen Trade · Tivat | 02629810Income statement (PDF) | 1,130€ | +75.7% | 2,743,991€ | 14 |
| 32Not in the top 200 in 2021. | Montenegro Hospitality Group Hospitality · Tivat | 03066614Income statement (PDF) | 1,117€ | -5.4% | 641,177€ | 13 |
| 332021: rank 38 | I & S Team Construction · Tivat | 03050556Income statement (PDF) | 1,089€ | +61.8% | 8,869,299€ | 34 |
| 342021: rank 20 | Olive Invest Hospitality · Tivat | 02965887Income statement (PDF) | 1,083€ | -2.4% | 1,358,652€ | 50 |
| 352021: rank 46 | Prento Yacht Assistant Manufacturing · Tivat | 02753685Income statement (PDF) | 1,081€ | +105.5% | 1,004,922€ | 13 |
| 362021: rank 43 | Una Manufacturing · Tivat | 02053489Income statement (PDF) | 1,076€ | +86.8% | 4,243,240€ | 56 |
| 372021: rank 22 | Radio Tivat Arts & entertainment · Tivat | 02368811Income statement (PDF) | 1,033€ | -5.2% | 233,679€ | 15 |
| 382021: rank 31 | Das Boka Group Construction · Tivat | 02923181Income statement (PDF) | 984€ | +20.7% | 717,779€ | 25 |
| 392021: rank 35 | Mala Barka Hospitality · Tivat | 02900475Income statement (PDF) | 969€ | +29.0% | 453,803€ | 10 |
| 402021: rank 24 | Parking Servis Transport & logistics · Tivat | 03136094Income statement (PDF) | 964€ | -5.0% | 621,390€ | 25 |
| 412021: rank 18 | Komunalno Energy, water & waste · Tivat | 02295440Income statement (PDF) | 953€ | -19.6% | 3,075,230€ | 165 |
| 422021: rank 49 | Zaliv Pro Hospitality · Tivat | 03326373Income statement (PDF) | 949€ | +92.9% | 2,107,308€ | 22 |
| 432021: rank 45 | MK Green Factory Trade · Tivat | 02986647Income statement (PDF) | 948€ | +79.2% | 513,018€ | 10 |
| 442021: rank 40 | Pippo's Yacht Supplies Hospitality · Tivat | 02776081Income statement (PDF) | 947€ | +42.2% | 1,396,179€ | 30 |
| 452021: rank 23 | Arhi.Pro Montenegro Professional services · Tivat | 02448840Income statement (PDF) | 937€ | -9.4% | 427,543€ | 11 |
| 462021: rank 32 | Mimoza Hospitality · Tivat | 02008564Income statement (PDF) | 925€ | +15.3% | 1,452,842€ | 42 |
| 472021: rank 36 | Invar Ivošević Professional services · Tivat | 02175967Income statement (PDF) | 888€ | +25.4% | 214,839€ | 11 |
| 48No filing for 2021. | LB Security and Emergency Response Services Administrative services · Tivat | 03416089Income statement (PDF) | 856€ | No filing for 2021. | 36,852€ | 28 |
| 492021: rank 57 | Radovanović Hospitality · Tivat | 02225883Income statement (PDF) | 823€ | +76.6% | 1,755,775€ | 38 |
| 502021: rank 33 | Montenegro Destinations Administrative services · Tivat | 02919095Income statement (PDF) | 814€ | +4.0% | 2,064,702€ | 15 |
Showing 1–50 · top 50 of 90 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 "LUŠTICA DEVELOPMENT"AD TIVAT; 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