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 651–700 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* |
|---|
| 651 | Estetic Hair Styles03616789 · Bar | <0.1% | 16,203€ | +52.2% | -1,305€ | -8.1% | 1 | 845€ |
| 652 | Magic Holidays03283941 · Budva | <0.1% | 16,190€ | +87.3% | -6,327€ | -39.1% | 2 | 926€ |
| 653 | Moj Zen03617262 · Podgorica | <0.1% | 16,161€ | +60.9% | 14€ | 0.1% | 2 | 481€ |
| 654 | Fizikalmed03674886 · Podgorica | <0.1% | 16,050€ | +274.6% | 3,027€ | 18.9% | 1 | 894€ |
| 655 | M Plaza03225852 · Bar | <0.1% | 16,009€ | +22.3% | -3,656€ | -22.8% | 2 | 593€ |
| 656 | B. i Ti03605779 · Podgorica | <0.1% | 15,990€ | +13.5% | 1,378€ | 8.6% | 1 | 731€ |
| 657 | Tadić Family03191206 · Herceg Novi | <0.1% | 15,974€ | +9.8% | 11€ | 0.1% | 1 | 877€ |
| 658 | Seferović02690136 · Bar | <0.1% | 15,960€ | +12.9% | 2,388€ | 15.0% | 1 | 838€ |
| 659 | 15.0203560252 · Herceg Novi | <0.1% | 15,933€ | +30.3% | -13,515€ | -84.8% | 1 | 759€ |
| 660 | Berbernica 08103311562 · Podgorica | <0.1% | 15,863€ | +3.0% | 1,141€ | 7.2% | 1 | 1,101€ |
| 661 | Videocom03760006 · Podgorica | <0.1% | 15,834€ | No filing for 2024. | 474€ | 3.0% | 1 | 1,210€ |
| 662 | Vanesa Commerc02165236 · Bar | <0.1% | 15,818€ | +5.6% | -6,467€ | -40.9% | 2 | 702€ |
| 663 | Amsn Radulović03391418 · Podgorica | <0.1% | 15,770€ | +10.5% | 253€ | 1.6% | 2 | 423€ |
| 664 | Beauty-Bar03601099 · Podgorica | <0.1% | 15,754€ | +19.4% | -190€ | -1.2% | 1 | 1,108€ |
| 665 | Eva M03372898 · Podgorica | <0.1% | 15,724€ | +45.1% | 306€ | 1.9% | 1 | 832€ |
| 666 | Lokardio03444295 · Tivat | <0.1% | 15,722€ | +11.3% | 429€ | 2.7% | 2 | 464€ |
| 667 | BTB03701085 · Podgorica | <0.1% | 15,684€ | +533.7% | -2,435€ | -15.5% | 2 | 518€ |
| 668 | Studio Adisa03333167 · Bijelo Polje | <0.1% | 15,659€ | -47.1% | -9,645€ | -61.6% | 2 | 739€ |
| 669 | Linefix03726525 · Budva | <0.1% | 15,604€ | No filing for 2024. | -232€ | -1.5% | 1 | 875€ |
| 670 | Smka03209326 · Podgorica | <0.1% | 15,587€ | +8.7% | 1,815€ | 11.6% | 1 | 731€ |
| 671 | Barber Kalinić03368696 · Bar | <0.1% | 15,490€ | +12.8% | -1,009€ | -6.5% | 1 | 760€ |
| 672 | Joanna Company03525031 · Podgorica | <0.1% | 15,414€ | +16.4% | -557€ | -3.6% | 2 | 527€ |
| 673 | Git03166333 · Herceg Novi | <0.1% | 15,388€ | -5.2% | -367€ | -2.4% | 2 | 440€ |
| 674 | Damjanović Beauty03639690 · Kotor | <0.1% | 15,337€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -3,433€ | -22.4% | 1 | 1,013€ |
| 675 | Fiziomax03292762 · Podgorica | <0.1% | 15,260€ | +52.5% | 388€ | 2.5% | 1 | 1,113€ |
| 676 | Micele03433277 · Bar | <0.1% | 15,248€ | +28.7% | 1,088€ | 7.1% | 1 | 902€ |
| 677 | Mićunović03386830 · Nikšić | <0.1% | 15,164€ | +0.9% | 125€ | 0.8% | 1 | 675€ |
| 678 | Pelikan02293587 · Podgorica | <0.1% | 15,159€ | +11.9% | 415€ | 2.7% | 1 | 915€ |
| 679 | Studio Art Tanja03312836 · Podgorica | <0.1% | 15,149€ | -32.4% | 159€ | 1.0% | 3 | 371€ |
| 680 | Salon Ljepote Jelena03404935 · Podgorica | <0.1% | 15,148€ | +16.7% | -498€ | -3.3% | 2 | 508€ |
| 681 | Inovativni Institut Dobrković03328341 · Bar | <0.1% | 15,075€ | +204.8% | 4,246€ | 28.2% | 1 | 678€ |
| 682 | Elena-Labud03591280 · Podgorica | <0.1% | 14,930€ | +103.6% | 3,492€ | 23.4% | 1 | 678€ |
| 683 | Hair Studio New Look02454041 · Podgorica | <0.1% | 14,917€ | +68.8% | -298€ | -2.0% | 2 | 591€ |
| 684 | Salon Ljepote San03696987 · Bar | <0.1% | 14,903€ | +928.5% | 233€ | 1.6% | 1 | 675€ |
| 685 | Major Canis03552543 · Tivat | <0.1% | 14,900€ | +82.5% | 435€ | 2.9% | 1 | 1,001€ |
| 686 | Tot Company03245284 · Bijelo Polje | <0.1% | 14,889€ | -41.0% | -2,158€ | -14.5% | 2 | 699€ |
| 687 | Ćirova Mala03772845 · Podgorica | <0.1% | 14,839€ | No filing for 2024. | 242€ | 1.6% | 2 | — |
| 688 | Modni Frizerski Salon Ranka03716937 · Nikšić | <0.1% | 14,759€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,980€ | -20.2% | 2 | 675€ |
| 689 | Topaz Co03311287 · Plav | <0.1% | 14,735€ | +18.7% | 1,413€ | 9.6% | 1 | 667€ |
| 690 | At Zuza's03345688 · Danilovgrad | <0.1% | 14,678€ | +9.5% | 1,621€ | 11.0% | 2 | 537€ |
| 691 | Pro Wash03476537 · Budva | <0.1% | 14,611€ | +42.9% | 3,434€ | 23.5% | 1 | — |
| 692 | Beauty Line Heaar Željana02707616 · Herceg Novi | <0.1% | 14,587€ | -13.6% | 892€ | 6.1% | 1 | 965€ |
| 693 | Tip Top Laundry03436730 · Herceg Novi | <0.1% | 14,587€ | -16.9% | 539€ | 3.7% | 2 | 396€ |
| 694 | Senić Sistem Plus03499111 · Nikšić | <0.1% | 14,568€ | +16.6% | 250€ | 1.7% | 3 | — |
| 695 | Vincenzo03306429 · Budva | <0.1% | 14,541€ | -4.0% | -11,110€ | -76.4% | 2 | 981€ |
| 696 | The Purple Room03337383 · Podgorica | <0.1% | 14,516€ | +8.4% | 456€ | 3.1% | 1 | 677€ |
| 697 | Sibirska Masaža03579751 · Bar | <0.1% | 14,500€ | +65.7% | -381€ | -2.6% | 1 | 926€ |
| 698 | Techzinc03412474 · Bar | <0.1% | 14,450€ | +257.7% | 2,286€ | 15.8% | 1 | 929€ |
| 699 | S & M Beauty03693902 · Podgorica | <0.1% | 14,374€ | +1,629.7% | -3,739€ | -26.0% | 1 | 338€ |
| 700 | Beauty Salon Sneža03687074 · Tivat | <0.1% | 14,306€ | +389.3% | 103€ | 0.7% | 1 | 484€ |