Companies in Tivat ranked by average monthly payroll cost per employee 2024. This 2024 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 2024, on the same criteria as the latest one. Latest list (2025)
Public financial statements processed by BizStats.me.
| # | Company | PIB | ||||
|---|---|---|---|---|---|---|
| 12023: rank 1 | Noblewood Market Trade · Tivat | 03514889Income statement (PDF) | 6,799€ | +23.7% | 4,746,775€ | 38 |
| 22023: rank 2 | Luštica Development Hospitality · Tivat | 02744597Income statement (PDF) | 5,949€ | +32.5% | 79,955,659€ | 118 |
| 3Not in the top 200 in 2023. | Anasaea Technology · Tivat | 03504409Income statement (PDF) | 5,635€ | +27.4% | 758,825€ | 10 |
| 42023: rank 3 | N.V.Besix S.A. Montenegro Construction · Tivat | 02945371Income statement (PDF) | 4,332€ | +13.8% | 21,660,734€ | 31 |
| 52023: rank 4 | Adriatic Marinas Arts & entertainment · Tivat | 02467593Income statement (PDF) | 3,538€ | +18.0% | 43,423,457€ | 265 |
| 62023: rank 25 | Ohm Mamula Montenegro Hospitality · Tivat | 03095924Income statement (PDF) | 3,047€ | +95.4% | 1,585,176€ | 11 |
| 72023: rank 5 | La Perla Hospitality Hospitality · Tivat | 03295419Income statement (PDF) | 2,993€ | +9.3% | 6,565,764€ | 86 |
| 82023: rank 9 | Mamula Hotel Operating Company Hospitality · Tivat | 03396592Income statement (PDF) | 2,812€ | No meaningful percentage: the 2023 or current value is zero, negative, unknown or unreliable. | 2,420,221€ | 60 |
| 92023: rank 14 | LB Town Management Administrative services · Tivat | 03327299Income statement (PDF) | 2,689€ | +30.0% | 9,026,691€ | 129 |
| 102023: rank 17 | LB Leisure Management Hospitality · Tivat | 03347958Income statement (PDF) | 2,676€ | +36.5% | 1,180,834€ | 41 |
| 112023: rank 8 | Knightsbridge Schools Montenegro Education · Tivat | 02799316Income statement (PDF) | 2,529€ | +8.7% | 3,840,268€ | 58 |
| 122023: rank 13 | Lalizas Montenegro Trade · Tivat | 03174573Income statement (PDF) | 2,510€ | +19.7% | 1,068,875€ | 10 |
| 13Not in the top 200 in 2023. | Montenegro Concierge DMC Administrative services · Tivat | 03340449Income statement (PDF) | 2,431€ | +65.6% | 461,560€ | 10 |
| 142023: rank 18 | PM Hotels Administrative services · Tivat | 02790220Income statement (PDF) | 2,417€ | +35.0% | 10,841,987€ | 152 |
| 15Not in the top 200 in 2023. | LB Medical Health & social care · Tivat | 03491986Income statement (PDF) | 2,411€ | -3.3% | 62,918€ | 11 |
| 162023: rank 15 | Berba Trade · Tivat | 02811227Income statement (PDF) | 2,296€ | +16.1% | 3,770,426€ | 15 |
| 172023: rank 6 | Fakultet za Mediteranske Poslovne Studije, Tivat Education · Tivat | 02742128Income statement (PDF) | 2,271€ | -16.0% | 464,718€ | 11 |
| 182023: rank 7 | Navar Incorporated Manufacturing · Tivat | 02346303Income statement (PDF) | 2,243€ | -9.1% | 5,392,946€ | 37 |
| 192023: rank 23 | LB Hotels Management Hospitality · Tivat | 03201309Income statement (PDF) | 2,241€ | +40.7% | 8,474,082€ | 127 |
| 202023: rank 16 | LB Marina One Operations Energy, water & waste · Tivat | 03218155Income statement (PDF) | 2,230€ | +13.3% | 558,971€ | 12 |
| 212023: rank 11 | Vodacom Professional services · Tivat | 02426331Income statement (PDF) | 2,206€ | +0.7% | 505,425€ | 12 |
| 222023: rank 19 | Aaa -1 Rent Administrative services · Tivat | 02720817Income statement (PDF) | 2,174€ | +21.8% | 4,073,531€ | 17 |
| 232023: rank 10 | Primorje Hospitality · Tivat | 02008637Income statement (PDF) | 2,085€ | -7.2% | 3,761,158€ | 59 |
| 242023: rank 35 | Montefish Trade · Tivat | 02327058Income statement (PDF) | 1,934€ | +43.9% | 6,178,950€ | 25 |
| 252023: rank 20 | Montenegro Hospitality Group Hospitality · Tivat | 03066614Income statement (PDF) | 1,922€ | +8.2% | 717,775€ | 14 |
| 262023: rank 21 | LB Security and Emergency Response Services Administrative services · Tivat | 03416089Income statement (PDF) | 1,876€ | +8.9% | 918,430€ | 43 |
| 272023: rank 22 | Fashion Porto Trade · Tivat | 02654105Income statement (PDF) | 1,837€ | +15.3% | 4,881,982€ | 23 |
| 28No filing for 2023. | LB Leisure Facilities Management Hospitality · Tivat | 03626121Income statement (PDF) | 1,803€ | No filing for 2023. | 116,395€ | 17 |
| 292023: rank 53 | RB Holding Construction · Tivat | 02746093Income statement (PDF) | 1,746€ | +68.0% | 1,133,611€ | 19 |
| 302023: rank 32 | Za Odvođenje i Prečišćavanje Otpadnih Voda za Opštine Kotor i Energy, water & waste · Tivat | 03211398Income statement (PDF) | 1,666€ | +18.7% | 743,110€ | 12 |
| 312023: rank 24 | Los Gueros Hospitality · Tivat | 03400107Income statement (PDF) | 1,657€ | +5.5% | 1,087,717€ | 22 |
| 322023: rank 29 | Vodovod i Kanalizacija Energy, water & waste · Tivat | 02295407Income statement (PDF) | 1,643€ | +13.6% | 3,225,871€ | 61 |
| 33Not in the top 200 in 2023. | Grano Hospitality · Tivat | 03595919Income statement (PDF) | 1,610€ | No meaningful percentage: the 2023 or current value is zero, negative, unknown or unreliable. | 798,666€ | 17 |
| 342023: rank 61 | LB Transportation Services Transport & logistics · Tivat | 03543331Income statement (PDF) | 1,557€ | +73.2% | 827,520€ | 19 |
| 352023: rank 30 | Zaliv Pro Hospitality · Tivat | 03326373Income statement (PDF) | 1,544€ | +6.8% | 2,618,158€ | 37 |
| 362023: rank 44 | A+ Yachting Transport & logistics · Tivat | 03180042Income statement (PDF) | 1,538€ | +41.1% | 1,600,215€ | 10 |
| 372023: rank 31 | D Photo Trade Trade · Tivat | 02389231Income statement (PDF) | 1,491€ | +4.5% | 1,131,865€ | 10 |
| 382023: rank 28 | I & S Team Construction · Tivat | 03050556Income statement (PDF) | 1,477€ | +1.5% | 19,292,979€ | 44 |
| 392023: rank 36 | Mala Barka Hospitality · Tivat | 02900475Income statement (PDF) | 1,475€ | +11.7% | 655,004€ | 13 |
| 402023: rank 26 | Bread Manufacturing · Tivat | 03151409Income statement (PDF) | 1,471€ | -2.1% | 1,634,756€ | 24 |
| 412023: rank 40 | Poen Trade · Tivat | 02629810Income statement (PDF) | 1,462€ | +20.6% | 3,172,688€ | 13 |
| 422023: rank 34 | Kafeterija Montenegro Hospitality · Tivat | 03198928Income statement (PDF) | 1,445€ | +6.4% | 1,194,003€ | 31 |
| 432023: rank 46 | Montespeed Transport & logistics · Tivat | 02397021Income statement (PDF) | 1,426€ | +32.7% | 733,537€ | 12 |
| 442023: rank 59 | Master Angeli Construction · Tivat | 03492109Income statement (PDF) | 1,410€ | +51.8% | 1,073,598€ | 26 |
| 452023: rank 38 | Una Manufacturing · Tivat | 02053489Income statement (PDF) | 1,402€ | +10.9% | 5,072,062€ | 59 |
| 462023: rank 41 | Olive Invest Hospitality · Tivat | 02965887Income statement (PDF) | 1,397€ | +15.7% | 1,782,902€ | 56 |
| 472023: rank 87 | Manor Hotels Hospitality · Tivat | 03381145Income statement (PDF) | 1,394€ | +128.2% | 1,190,728€ | 25 |
| 482023: rank 37 | Mimoza Hospitality · Tivat | 02008564Income statement (PDF) | 1,357€ | +6.0% | 1,760,060€ | 48 |
| 49Not in the top 200 in 2023. | Zen Management Hospitality · Tivat | 03233049Income statement (PDF) | 1,346€ | +57.4% | 666,122€ | 13 |
| 50Not in the top 200 in 2023. | MK Green Factory Trade · Tivat | 02986647Income statement (PDF) | 1,336€ | -3.3% | 956,918€ | 11 |
Showing 1–50 · top 50 of 111 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 2024, ordered by average monthly payroll cost per employee after applying data-quality eligibility rules.
The leading record is D.O.O. "NOBLEWOOD MARKET" 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