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Lustica Development A.D. (Montenegro)

Main Activities: Hotels (except Casino Hotels) and Motels
Full name: Lustica Development A.D. Tivat Profile Updated: December 11, 2025
Buy our report for this company USD 29.95 Most recent financial data: 2024 Available in: English Download a sample report

Lustica Development A.D. is an enterprise based in Montenegro. Its main office is in Tivat. It operates in the Hotels (except Casino Hotels) and Motels sector. It was established on January 13, 2026. 118 (2024) employees currently work for Lustica Development A.D.. From the latest financial highlights, Lustica Development A.D. reported a net sales revenue increase of 42.2% in 2024. Over the same period, its total assets grew by 20.75%. In 2024, Lustica Development A.D.’s net profit margin increased by 5.34%.

Headquarters
Novo Naselje, Radovici B.b.
Tivat; Tivat; Postal Code: 85320

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Website: http://www.lusticabay.com

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
January 13, 2026
Key Executives
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Chairman
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Chief Executive Officer
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Chief Financial Officer
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Director/Member of the Board
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Director/Member of the Board
Ownership Details
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87.71%
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12.23%
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0.038%
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0.01%
Subsidiaries
Lb Agency Services D.O.O. Beograd (Serbia)
100%
Lb Agency Services Doo
100%
Lb Electricity Company Doo, Tivat
100%
Company Performance
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Key Financial Highlights
Annual growth percentages for latest two years in local currency EUR. Absolute financial data is included in the purchased report.
Net sales revenue
42.2%
Total operating revenue
41.23%
Operating profit (EBIT)
57.99%
EBITDA
45.03%
Net Profit (Loss) for the Period
144.01%
Total Assets
20.75%
Total Equity
16.15%
Operating Profit Margin (ROS)
1.49%
Net Profit Margin
5.34%
Return on Equity (ROE)
7.31%
Debt/Equity
6.6%
Quick Ratio
-0.04%
Cash Ratio
-0.04%

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