He is the winner of domestic and international awards and tributes.

* First prize, Montenegro National competition, Kotor, 1990, 1991
* First Prize, The Yugoslav piano Competition, Nis, 1993
* First Prize, The Dunav-Donau-Denjub International Piano Competition, Novi Sad, 1993
* First Prize, International Frederic Chopin Piano Competition, Taipei, 1996
* Two Special Prizes (awarded by the president of the jury),
for a compulsory author and a performance of Chopin’s works, Taipei, 1996
* First Prize, The “FLAME” International Competition, Paris, 1997
* Fourth Prize, Bronze Medal, South Missouri International Piano Competition, Joplin, USA, 1994
* Special prize from the University of Novi Sad, for outstanding talent, 1997, 1998
* Prize for the »Most promissin young artist of the year«, (ZAMTES) Montenegro, 1999

He has recorded for Radio Television Montenegro, Radio Television Serbia, POLTEL (Poland), Deutche Welle (Germany), NHK (Japan), SWT(Sweden), Luxembourg Television, HRT (Croatia), Radio Slovenia and Radio Romania.

He has recorded two CDs, one with the works by Bach/Tausing, Mozart, Chopin, Brahms, Prokofiev and the "Goldberg Variations".

Martinović made his conducting debut in 2001. With the Novi Sad Chamber Orchestra, conducting Symphonies by Haydn and Mozart.

Ratimir Martinović is the founder and Artistic director of KotorArt Music festival, held every year in Kotor, Montenegro, bringing to this medieval town ensembles such as the Zagreb Philharmonic, the Vojvodina Symphony, the Split Chamber Orchestra, “LADO” and soloist and teachers such as Mikhail Voskresensky, Aleksandar Madzar, Konstantin Bogino, Grigory Zhislin, Itamar Golan, Lovro Pogorelich, Francesco Libetta, and many others.

Martinović is President of EPTA Montenegro (European Piano Teachers Association).