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 601–650 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* |
|---|
| 601 | Beauty BY Dragana03679012 · Podgorica | <0.1% | 17,888€ | +84.4% | -1,796€ | -10.0% | 1 | 1,522€ |
| 602 | Taras Dream03713199 · Podgorica | <0.1% | 17,867€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -1,726€ | -9.7% | 1 | 1,387€ |
| 603 | Sawas Dee Thai Massage03708870 · Podgorica | <0.1% | 17,865€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -15,686€ | -87.8% | 1 | 1,834€ |
| 604 | Jimmy Smooth Beauty03503488 | <0.1% | 17,863€ | +102.8% | 1,265€ | 7.1% | 1 | 922€ |
| 605 | Baby Spa03474143 · Podgorica | <0.1% | 17,857€ | -3.1% | -5,630€ | -31.5% | 2 | 444€ |
| 606 | Kalače 5G03689115 · Rožaje | <0.1% | 17,812€ | +257.0% | 76€ | 0.4% | 1 | 1,102€ |
| 607 | Northconnection03711463 · Kolašin | <0.1% | 17,804€ | +1,213.0% | 1,176€ | 6.6% | 1 | 1,129€ |
| 608 | Valentina Beauty Spa03436411 · Podgorica | <0.1% | 17,803€ | +53.6% | 157€ | 0.9% | 1 | 845€ |
| 609 | Bella F&M03587088 · Podgorica | <0.1% | 17,770€ | +69.7% | 2,566€ | 14.4% | 1 | 423€ |
| 610 | Dubinski Čisto03715540 · Budva | <0.1% | 17,758€ | +142.3% | 64€ | 0.4% | 1 | 1,248€ |
| 611 | Femiluxe03413934 · Podgorica | <0.1% | 17,716€ | +2.4% | -4,848€ | -27.4% | 2 | 509€ |
| 612 | Boki-Baki03683435 · Andrijevica | <0.1% | 17,706€ | +223.6% | 1,402€ | 7.9% | 1 | 1,114€ |
| 613 | Moda - Fatima03294897 · Rožaje | <0.1% | 17,699€ | +10.4% | -69€ | -0.4% | 1 | 1,476€ |
| 614 | Laki Laki03684946 · Podgorica | <0.1% | 17,663€ | +346.1% | -5,726€ | -32.4% | 2 | 892€ |
| 615 | Bokanegra03713415 · Kotor | <0.1% | 17,634€ | +1,574.6% | 1,022€ | 5.8% | 1 | 1,137€ |
| 616 | Fizioterapeutski Centar Dragan03304981 · Podgorica | <0.1% | 17,573€ | +1.2% | -3,648€ | -20.8% | 1 | 339€ |
| 617 | Maralis03393666 · Bar | <0.1% | 17,537€ | +265.4% | 3,162€ | 18.0% | 1 | 1,185€ |
| 618 | R-Support03746216 · Bar | <0.1% | 17,499€ | No filing for 2024. | -478€ | -2.7% | 1 | 1,060€ |
| 619 | Adriyana03487962 · Bar | <0.1% | 17,472€ | +29.3% | -2,259€ | -12.9% | 1 | 1,560€ |
| 620 | Datalogic System03684113 · Tivat | <0.1% | 17,343€ | +189.1% | 29€ | 0.2% | 1 | 1,106€ |
| 621 | Patinart Ink Tatoo Studio and Art Gallery03609677 · Budva | <0.1% | 17,296€ | +240.7% | -410€ | -2.4% | 1 | 838€ |
| 622 | Džankos03271366 · Bar | <0.1% | 17,286€ | +16.0% | 71€ | 0.4% | 2 | 677€ |
| 623 | Studio Min03709531 · Podgorica | <0.1% | 17,258€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -5,124€ | -29.7% | 2 | 675€ |
| 624 | Azur-Ana03386554 · Berane | <0.1% | 17,191€ | +76.8% | -1,909€ | -11.1% | 1 | 1,216€ |
| 625 | Glory For Nix03382206 · Bijelo Polje | <0.1% | 17,076€ | +51.8% | 2,479€ | 14.5% | 2 | 534€ |
| 626 | N1 Stop Auto Servis03743241 · Podgorica | <0.1% | 17,061€ | No filing for 2024. | -6,095€ | -35.7% | 1 | 966€ |
| 627 | Lav Aesthetic03697304 · Podgorica | <0.1% | 16,880€ | +667.3% | 1,537€ | 9.1% | 1 | 1,033€ |
| 628 | The Glamour Beauty03122883 · Podgorica | <0.1% | 16,878€ | +11.1% | -10,259€ | -60.8% | 3 | 622€ |
| 629 | Bilek Adriatic03401995 · Herceg Novi | <0.1% | 16,865€ | +29.0% | -3,343€ | -19.8% | 1 | 735€ |
| 630 | Petar M03077128 · Podgorica | <0.1% | 16,847€ | +161.5% | 809€ | 4.8% | 2 | 635€ |
| 631 | Osman GJ03308324 · Tuzi | <0.1% | 16,775€ | -4.1% | -327€ | -1.9% | 2 | 675€ |
| 632 | Katarina Skin Care03698424 · Podgorica | <0.1% | 16,763€ | +1,003.6% | 837€ | 5.0% | 2 | 622€ |
| 633 | Little House02856344 · Herceg Novi | <0.1% | 16,757€ | -20.1% | -746€ | -4.5% | 2 | 677€ |
| 634 | Studio Edina03274977 · Bar | <0.1% | 16,741€ | +38.1% | -2,439€ | -14.6% | 2 | 729€ |
| 635 | Studio Ljepote Daca03488861 · Tivat | <0.1% | 16,681€ | +26.4% | 1,747€ | 10.5% | 1 | 900€ |
| 636 | Am Company Team03681831 · Berane | <0.1% | 16,680€ | +169.5% | 1,654€ | 9.9% | 1 | 1,015€ |
| 637 | Relax and Beauty R&B03644987 · Podgorica | <0.1% | 16,623€ | +63.0% | 1,012€ | 6.1% | 1 | 1,201€ |
| 638 | Div BY Zda03441946 · Podgorica | <0.1% | 16,593€ | -1.0% | 969€ | 5.8% | 1 | 869€ |
| 639 | Shine Line03453430 · Podgorica | <0.1% | 16,536€ | -19.1% | 1,674€ | 10.1% | 1 | 678€ |
| 640 | Pamika & Đ03697479 · Nikšić | <0.1% | 16,526€ | +445.8% | 2,694€ | 16.3% | 1 | 678€ |
| 641 | Dog Style Medo03235882 · Podgorica | <0.1% | 16,447€ | +6.3% | 529€ | 3.2% | 1 | 1,282€ |
| 642 | Beauty BY Roxy03309967 · Bar | <0.1% | 16,433€ | +53.1% | 3,979€ | 24.2% | 1 | 677€ |
| 643 | Niksam Elite03235513 · Herceg Novi | <0.1% | 16,411€ | -20.4% | 2,830€ | 17.2% | 1 | 306€ |
| 644 | Mato M03373819 · Rožaje | <0.1% | 16,370€ | +107.1% | 25€ | 0.2% | 1 | 1,300€ |
| 645 | Beauty Salon Natally03460002 · Podgorica | <0.1% | 16,296€ | -10.4% | -15€ | -0.1% | 2 | 453€ |
| 646 | Nails and Hair Beauty03199576 · Kolašin | <0.1% | 16,290€ | +20.2% | -533€ | -3.3% | 2 | 593€ |
| 647 | Android Centar03105130 · Berane | <0.1% | 16,288€ | +118.3% | 236€ | 1.4% | 1 | 1,076€ |
| 648 | R-Ekspert03337405 · Rožaje | <0.1% | 16,284€ | +1.8% | 2,186€ | 13.4% | 1 | 1,101€ |
| 649 | Mas Group03715353 · Podgorica | <0.1% | 16,234€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 579€ | 3.6% | 1 | 1,132€ |
| 650 | NVM03746321 · Bar | <0.1% | 16,234€ | No filing for 2024. | -553€ | -3.4% | 1 | 958€ |