1,556 companies earned 58.59m€ in 2025, 0.3% of all company revenue in Montenegro. It ranks 17 of 18 sectors by revenue. Revenue has grown 3.2× since 2015.
0.3% of Montenegro's revenue
908 with at most one employee
Largest employer: Pogrebne Usluge (118)
Total profit: -2.22m€
Average per employee, not per company
Revenue in € million (bars) and filing companies (below), 2015–2025
| Year | Revenue | Companies |
|---|---|---|
| 2015 | 18,513,181€ | 347 |
| 2016 | 19,741,291€ | 403 |
| 2017 | 20,970,119€ | 459 |
| 2018 | 19,833,937€ | 530 |
| 2019 | 21,575,106€ | 645 |
| 2020 | 18,641,551€ | 750 |
| 2021 | 23,911,993€ | 840 |
| 2022 | 33,491,161€ | 1,044 |
| 2023 | 42,996,506€ | 1,282 |
| 2024 | 51,131,903€ | 1,444 |
| 2025 (Preliminary) | 58,590,009€ | 1,556 |
Growth is measured on the same companies, which filed for both years.
Share of the sector's revenue
Employees and payroll cost per employee per month*
Ranked by total revenue · Showing 501–550 of 1,556
* 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 →
Totals include 309 sole proprietors: natural persons whose statements are shown only in aggregate, never by name. The company count excludes them. How we calculate →
| Employees |
|---|
| Payroll cost/emp./mo* |
|---|
| 501 | Bašmačok03520617 · Bar | <0.1% | 21,735€ | -3.0% | -8,753€ | -40.3% | 3 | 798€ |
| 502 | Hair Studio Fleur De LYS02882272 · Podgorica | <0.1% | 21,658€ | +16.9% | 3,235€ | 14.9% | 2 | 559€ |
| 503 | Look BY Flora03516083 · Podgorica | <0.1% | 21,584€ | +12.2% | 0€ | 0.0% | 2 | 384€ |
| 504 | Aurum Asia03757463 · Berane | <0.1% | 21,491€ | No filing for 2024. | -3,227€ | -15.0% | 1 | 2,055€ |
| 505 | Mondo Bianco03111920 · Bar | <0.1% | 21,474€ | -0.7% | -820€ | -3.8% | 3 | 402€ |
| 506 | SK Mobile Repair 3403676960 · Herceg Novi | <0.1% | 21,447€ | +213.0% | -597€ | -2.8% | 1 | 1,647€ |
| 507 | Novska Škvadra03599264 · Herceg Novi | <0.1% | 21,446€ | +23.3% | 804€ | 3.7% | 2 | 596€ |
| 508 | Zen Physio03563219 · Budva | <0.1% | 21,390€ | +117.7% | 228€ | 1.1% | 1 | 1,736€ |
| 509 | Em02648156 · Bar | <0.1% | 21,368€ | +6.5% | 789€ | 3.7% | 2 | 551€ |
| 510 | Ćofi Moda03457281 · Podgorica | <0.1% | 21,319€ | +58.0% | 1,542€ | 7.2% | 2 | 621€ |
| 511 | 2L Fashion03219089 · Podgorica | <0.1% | 21,291€ | +29.8% | 208€ | 1.0% | 3 | 500€ |
| 512 | LP Salon03311147 · Tuzi | <0.1% | 21,274€ | +262.9% | -5,025€ | -23.6% | 3 | 693€ |
| 513 | Studio BY Milena03362523 · Berane | <0.1% | 21,185€ | +65.6% | 173€ | 0.8% | 2 | 746€ |
| 514 | Golink03673243 · Nikšić | <0.1% | 21,087€ | +183.2% | -640€ | -3.0% | 1 | 1,439€ |
| 515 | Mobile Servis Samra03632881 · Berane | <0.1% | 21,079€ | +84.4% | -334€ | -1.6% | 2 | 360€ |
| 516 | PTPG Com03670660 · Podgorica | <0.1% | 20,991€ | +161.6% | 1,461€ | 7.0% | 1 | 1,382€ |
| 517 | Tim Style03080633 · Herceg Novi | <0.1% | 20,975€ | +3.1% | -245€ | -1.2% | 1 | 1,354€ |
| 518 | Es Queen03040348 · Podgorica | <0.1% | 20,966€ | -26.0% | -258€ | -1.2% | 3 | 489€ |
| 519 | Medical Skin Care03387038 · Budva | <0.1% | 20,820€ | +2.5% | 1,721€ | 8.3% | 1 | 1,070€ |
| 520 | MS-Studio02999021 · Pljevlja | <0.1% | 20,775€ | +87.4% | -4,404€ | -21.2% | 3 | 470€ |
| 521 | Grahovac - Mne03090728 · Budva | <0.1% | 20,755€ | +9.3% | 838€ | 4.0% | 2 | 675€ |
| 522 | Bayram Style03594068 · Budva | <0.1% | 20,740€ | +216.3% | -1,299€ | -6.3% | 2 | 669€ |
| 523 | Manasoft03399664 · Herceg Novi | <0.1% | 20,738€ | -18.7% | -18,424€ | -88.8% | 2 | 595€ |
| 524 | ND03128253 · Podgorica | <0.1% | 20,710€ | -3.4% | 570€ | 2.8% | 2 | 334€ |
| 525 | Zoka-Vma03416941 · Herceg Novi | <0.1% | 20,660€ | +8.2% | -98€ | -0.5% | 2 | 668€ |
| 526 | Elnik02717522 · Nikšić | <0.1% | 20,551€ | +5.1% | -73€ | -0.4% | 2 | 678€ |
| 527 | PC Wizard03117553 · Herceg Novi | <0.1% | 20,477€ | -29.1% | 402€ | 2.0% | 1 | 920€ |
| 528 | Unitehnics03408361 · Bar | <0.1% | 20,459€ | -39.2% | 751€ | 3.7% | 1 | 1,041€ |
| 529 | After Look03309274 · Podgorica | <0.1% | 20,413€ | +31.3% | 557€ | 2.7% | 1 | 1,176€ |
| 530 | Frizerski Salon Grašak03578372 · Podgorica | <0.1% | 20,400€ | +355.7% | 3,629€ | 17.8% | 1 | 423€ |
| 531 | Skincare Centar03534138 · Podgorica | <0.1% | 20,399€ | +31.8% | -638€ | -3.1% | 2 | 669€ |
| 532 | Enterprisse02856751 · Herceg Novi | <0.1% | 20,395€ | +27.1% | -444€ | -2.2% | 2 | 627€ |
| 533 | Lumizo03722961 · Nikšić | <0.1% | 20,340€ | No filing for 2024. | 4,430€ | 21.8% | 2 | 599€ |
| 534 | Ciao Bella Beauty Studio03639711 · Kotor | <0.1% | 20,305€ | +299.1% | -844€ | -4.2% | 2 | 675€ |
| 535 | Barberbrand 2303644723 · Berane | <0.1% | 20,263€ | +72.8% | -353€ | -1.7% | 1 | 1,468€ |
| 536 | Montenegro Property Management02665689 · Kotor | <0.1% | 20,238€ | +15.6% | -1,054€ | -5.2% | 4 | 380€ |
| 537 | Jovana Company02914093 · Podgorica | <0.1% | 20,075€ | +46.5% | 586€ | 2.9% | 2 | 593€ |
| 538 | Majestic Effect03704467 · Berane | <0.1% | 20,050€ | +6,185.3% | 4,101€ | 20.5% | 1 | 950€ |
| 539 | Tornado - GRD02922835 · Budva | <0.1% | 20,045€ | -4.2% | -1,809€ | -9.0% | 1 | 677€ |
| 540 | Happy Weddings and Events03085805 · Podgorica | <0.1% | 20,016€ | +51.3% | 7,227€ | 36.1% | 1 | 678€ |
| 541 | V.S. Company03776255 · Podgorica | <0.1% | 20,015€ | No filing for 2024. | 1,672€ | 8.4% | 1 | 582€ |
| 542 | Ivana-Ika03159582 · Herceg Novi | <0.1% | 20,010€ | +129.7% | -500€ | -2.5% | 2 | 664€ |
| 543 | Igora03414671 · Tivat | <0.1% | 20,003€ | +12.1% | 1,113€ | 5.6% | 2 | 675€ |
| 544 | Laila Art03726703 · Bar | <0.1% | 19,947€ | No filing for 2024. | 4,157€ | 20.8% | 2 | 510€ |
| 545 | Duga Medica03056830 · Podgorica | <0.1% | 19,835€ | +17.7% | -262€ | -1.3% | 1 | 1,082€ |
| 546 | Frizerski Salon Petar03510239 · Cetinje | <0.1% | 19,810€ | +42.7% | 0€ | 0.0% | 1 | 934€ |
| 547 | Lazić Company03246353 · Herceg Novi | <0.1% | 19,785€ | +32.1% | 2,235€ | 11.3% | 2 | 780€ |
| 548 | Company V.P.S.02873354 · Herceg Novi | <0.1% | 19,768€ | +8.5% | -902€ | -4.6% | 2 | 692€ |
| 549 | Exclusive-Place02682729 · Podgorica | <0.1% | 19,763€ | +77.5% | -461€ | -2.3% | 2 | 689€ |
| 550 | Upload03711587 · Herceg Novi | <0.1% | 19,722€ | +974.8% | -512€ | -2.6% | 1 | 1,296€ |