Hospitality companies in Montenegro ranked by average monthly payroll cost per employee 2025. This 2025 ranking uses public financial statements and the published BizStats.me methodology and eligibility criteria. Only companies with at least 10 employees are ranked.
Public financial statements processed by BizStats.me.
| # | Company | PIB | ||||
|---|---|---|---|---|---|---|
| 12024: rank 8 | LB Leisure Management Hospitality · Tivat | 03347958Income statement (PDF) | 6,750€ | +152.2% | 1,465,352€ | 20 |
| 22024: rank 1 | Luštica Development Hospitality · Tivat | 02744597Income statement (PDF) | 5,223€ | -12.2% | 90,337,909€ | 116 |
| 32024: rank 11 | Unikop Omnia Hospitality · Budva | 03166180Income statement (PDF) | 4,205€ | +80.5% | 1,091,452€ | 10 |
| 42024: rank 2 | Top Hill Hospitality · Budva | 02786818Income statement (PDF) | 4,058€ | -6.9% | 1,525,819€ | 13 |
| 52024: rank 6 | Mamula Hotel Operating Company Hospitality · Tivat | 03396592Income statement (PDF) | 3,338€ | +18.7% | 1,517,004€ | 10 |
| 62024: rank 9 | Tara Hotel Hospitality · Budva | 03039510Income statement (PDF) | 2,977€ | +21.8% | 6,159,213€ | 48 |
| 72024: rank 4 | Ohm Mamula Montenegro Hospitality · Tivat | 03095924Income statement (PDF) | 2,860€ | -6.1% | 2,484,251€ | 62 |
| 8Not in the top 200 in 2024. | Monte C Hospitality · Tivat | 03495990Income statement (PDF) | 2,703€ | -31.0% | 176,062€ | 22 |
| 92024: rank 16 | Primorje Hospitality · Tivat | 02008637Income statement (PDF) | 2,428€ | +16.5% | 5,967,887€ | 57 |
| 10Not in the top 200 in 2024. | Jamie's Italian Mne Hospitality · Tivat | 03704335Income statement (PDF) | 2,411€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 511,638€ | 13 |
| 11Not in the top 200 in 2024. | Farro Mne Hospitality · Budva | 03462188Income statement (PDF) | 2,355€ | +207.8% | 2,476,810€ | 10 |
| 122024: rank 12 | Portonovi Hospitality Management Company Hospitality · Herceg Novi | 03067661Income statement (PDF) | 2,340€ | +3.1% | 41,291,910€ | 355 |
| 132024: rank 15 | Vektra Boka Hospitality · Herceg Novi | 02008238Income statement (PDF) | 2,313€ | +10.1% | 11,669,514€ | 10 |
| 142024: rank 20 | Villa Geba Management Hospitality · Budva | 03251691Income statement (PDF) | 2,296€ | +16.0% | 785,181€ | 19 |
| 15Not in the top 200 in 2024. | Marylebone Hospitality · Podgorica | 03648761Income statement (PDF) | 2,269€ | +63.5% | 673,343€ | 14 |
| 162024: rank 170 | Optimist Hospitality · Tivat | 02815796Income statement (PDF) | 2,233€ | +124.0% | 2,137,097€ | 19 |
| 172024: rank 19 | Obala Ribnice Hospitality · Podgorica | 03306348Income statement (PDF) | 2,231€ | +12.6% | 1,467,050€ | 21 |
| 182024: rank 57 | Ice Cool Hospitality · Kotor | 03287262Income statement (PDF) | 2,209€ | +50.1% | 1,254,412€ | 16 |
| 192024: rank 27 | LB Leisure Facilities Management Hospitality · Tivat | 03626121Income statement (PDF) | 2,168€ | +20.2% | 563,629€ | 20 |
| 202024: rank 17 | Jadran Hospitality · Kotor | 02013177Income statement (PDF) | 2,158€ | +5.8% | 6,691,562€ | 79 |
| 21Not in the top 200 in 2024. | Zom Montenegro Hospitality · Cetinje | 03373894Income statement (PDF) | 2,154€ | +192.3% | 510,436€ | 10 |
| 222024: rank 21 | Dukley Hotel Hospitality · Budva | 03050831Income statement (PDF) | 2,141€ | +9.2% | 15,079,028€ | 216 |
| 232024: rank 5 | La Perla Hospitality Hospitality · Tivat | 03295419Income statement (PDF) | 2,123€ | -29.1% | 2,030,704€ | 13 |
| 242024: rank 10 | Shanghai Hospitality · Budva | 02914859Income statement (PDF) | 2,060€ | -14.4% | 1,256,566€ | 21 |
| 25Not in the top 200 in 2024. | Monte Vista Hospitality · Cetinje | 03037215Income statement (PDF) | 2,050€ | +383.5% | 933,383€ | 15 |
| 26Not in the top 200 in 2024. | Pjati Hospitality · Budva | 03161277Income statement (PDF) | 2,050€ | +160.2% | 744,947€ | 10 |
| 272024: rank 14 | Coffee Cake Hospitality · Zeta | 03116344Income statement (PDF) | 2,029€ | -6.9% | 2,625,504€ | 17 |
| 282024: rank 32 | Krolbay Hospitality · Podgorica | 03266567Income statement (PDF) | 2,010€ | +15.9% | 16,361,754€ | 269 |
| 292024: rank 26 | La Miniera Hospitality · Kotor | 03335747Income statement (PDF) | 2,002€ | +9.5% | 1,219,279€ | 27 |
| 30Not in the top 200 in 2024. | Hotel Park Hospitality · Budva | 03610250Income statement (PDF) | 1,977€ | +172.3% | 2,366,930€ | 17 |
| 312024: rank 52 | Becovic Menagement Group Hospitality · Ulcinj | 02440059Income statement (PDF) | 1,933€ | +30.3% | 1,315,812€ | 27 |
| 322024: rank 24 | Montenegro Hotels Hospitality · Herceg Novi | 02859866Income statement (PDF) | 1,916€ | +3.7% | 7,685,259€ | 110 |
| 332024: rank 31 | Hotels Group Montenegro Stars Hospitality · Budva | 02385040Income statement (PDF) | 1,894€ | +8.8% | 28,406,958€ | 565 |
| 342024: rank 41 | Casper Productio Hospitality · Budva | 02448882Income statement (PDF) | 1,833€ | +15.6% | 837,755€ | 11 |
| 352024: rank 13 | LB Hotels Management Hospitality · Tivat | 03201309Income statement (PDF) | 1,832€ | -18.3% | 9,192,466€ | 195 |
| 36Not in the top 200 in 2024. | Adriatic Catering Hospitality · Tivat | 02971917Income statement (PDF) | 1,794€ | +107.6% | 9,038,959€ | 123 |
| 372024: rank 29 | Banfi Hospitality · Kotor | 02082586Income statement (PDF) | 1,774€ | +1.2% | 1,034,216€ | 15 |
| 382024: rank 137 | Divino Group Hospitality · Tivat | 03386503Income statement (PDF) | 1,742€ | +61.6% | 710,880€ | 14 |
| 39Not in the top 200 in 2024. | Karampana Hospitality · Kotor | 03084710Income statement (PDF) | 1,733€ | +125.7% | 623,081€ | 11 |
| 402024: rank 92 | Queen Hotel Hospitality · Podgorica | 03559629Income statement (PDF) | 1,725€ | +35.2% | 4,122,679€ | 29 |
| 412024: rank 51 | I N C Hospitality · Budva | 02425912Income statement (PDF) | 1,710€ | +14.5% | 1,849,738€ | 30 |
| 422024: rank 39 | Grano Hospitality · Tivat | 03595919Income statement (PDF) | 1,705€ | +5.9% | 873,437€ | 23 |
| 43Not in the top 200 in 2024. | Pasta Fresca Mne Hospitality · Tivat | 03434338Income statement (PDF) | 1,690€ | +129.0% | 2,641,881€ | 43 |
| 442024: rank 80 | Zen Management Hospitality · Tivat | 03233049Income statement (PDF) | 1,690€ | +25.6% | 1,234,619€ | 14 |
| 452024: rank 43 | Filan Company Hospitality · Podgorica | 02381311Income statement (PDF) | 1,685€ | +7.4% | 5,340,434€ | 95 |
| 462024: rank 28 | Adriatic Properties Hospitality · Budva | 02638495Income statement (PDF) | 1,682€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 2,040,746€ | 59 |
| 472024: rank 49 | Duomo MN Hospitality · Budva | 03558096Income statement (PDF) | 1,678€ | +11.5% | 1,608,153€ | 28 |
| 482024: rank 22 | Montenegro Hospitality Group Hospitality · Tivat | 03066614Income statement (PDF) | 1,678€ | -12.7% | 606,856€ | 18 |
| 492024: rank 62 | S & V - Company Hospitality · Podgorica | 02381613Income statement (PDF) | 1,668€ | +16.2% | 860,891€ | 15 |
| 50Not in the top 200 in 2024. | Zeta Film Hospitality · Budva | 02005263Income statement (PDF) | 1,659€ | -31.7% | 2,863,684€ | 13 |
Showing 1–50 · top 50 of 497 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 2025, ordered by average monthly payroll cost per employee after applying data-quality eligibility rules.
The leading record is "LB LEISURE MANAGEMENT" D.O.O. 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