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 701–750 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* |
|---|
| 701 | Miss Afrodita02673185 · Herceg Novi | <0.1% | 14,306€ | +46.4% | 690€ | 4.8% | 2 | 499€ |
| 702 | Baran Blade03725774 · Podgorica | <0.1% | 14,295€ | No filing for 2024. | -8,836€ | -61.8% | 2 | 483€ |
| 703 | NL Hair Studio03095711 · Podgorica | <0.1% | 14,280€ | +48.8% | 1,356€ | 9.5% | 1 | 699€ |
| 704 | Junčaj03594459 · Tuzi | <0.1% | 14,191€ | -39.5% | -1,034€ | -7.3% | 1 | 861€ |
| 705 | Estetic Studio Hedonic03125165 · Bar | <0.1% | 14,188€ | +38.4% | 917€ | 6.5% | 2 | 339€ |
| 706 | Frizerski Salon Milena03614123 · Kolašin | <0.1% | 13,906€ | +5.4% | 1,184€ | 8.5% | 1 | 732€ |
| 707 | Boka View03260151 · Herceg Novi | <0.1% | 13,900€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 1,831€ | 13.2% | 1 | 931€ |
| 708 | E-Fix03155773 · Podgorica | <0.1% | 13,889€ | -13.9% | -6,282€ | -45.2% | 2 | 678€ |
| 709 | Crystal Beauty03290433 · Berane | <0.1% | 13,880€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -642€ | -4.6% | 1 | 1,049€ |
| 710 | Studio Larisa03468089 · Bar | <0.1% | 13,861€ | +5.1% | -172€ | -1.2% | 1 | 683€ |
| 711 | NMN03434966 · Podgorica | <0.1% | 13,826€ | -11.2% | -3,472€ | -25.1% | 1 | 857€ |
| 712 | Clinique Beauty03546705 · Budva | <0.1% | 13,820€ | -7.9% | -2,847€ | -20.6% | 1 | 677€ |
| 713 | Kaplia03366332 · Budva | <0.1% | 13,800€ | +29.9% | 1,319€ | 9.6% | 2 | 509€ |
| 714 | Shine Studio03705790 · Berane | <0.1% | 13,737€ | +71.7% | -8,411€ | -61.2% | 2 | 438€ |
| 715 | FLG Fortis03516776 · Herceg Novi | <0.1% | 13,622€ | +55.2% | -10,836€ | -79.5% | 3 | 549€ |
| 716 | Relax Oaza03049833 · Podgorica | <0.1% | 13,575€ | -18.3% | 213€ | 1.6% | 1 | 731€ |
| 717 | M&N Laundry03619087 · Tuzi | <0.1% | 13,573€ | +199.2% | 3,176€ | 23.4% | 1 | 352€ |
| 718 | Tea Group02758504 · Bar | <0.1% | 13,564€ | +26.7% | 1,027€ | 7.6% | 2 | 506€ |
| 719 | Sanako03077772 · Podgorica | <0.1% | 13,516€ | +40.4% | 1,366€ | 10.1% | 2 | 438€ |
| 720 | Studio Akvarel03387852 · Podgorica | <0.1% | 13,473€ | +7.6% | 673€ | 5.0% | 1 | 675€ |
| 721 | Maja Nails03334597 · Mojkovac | <0.1% | 13,453€ | +339.9% | 6,074€ | 45.1% | 1 | 455€ |
| 722 | MSK03621545 · Podgorica | <0.1% | 13,421€ | -9.3% | -19,057€ | -142.0% | 2 | 1,019€ |
| 723 | Amen03710653 · Bijelo Polje | <0.1% | 13,401€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -20,915€ | -156.1% | 1 | 2,853€ |
| 724 | Fratelo03063348 · Danilovgrad | <0.1% | 13,354€ | +33.3% | 2,929€ | 21.9% | 1 | 676€ |
| 725 | Biro-Max02287935 · Bar | <0.1% | 13,322€ | -5.0% | -5,565€ | -41.8% | 2 | 505€ |
| 726 | Nostro Azzuro03763854 · Kotor | <0.1% | 13,297€ | No filing for 2024. | 2,171€ | 16.3% | 2 | 359€ |
| 727 | Exclusive Star Centar03644707 · Podgorica | <0.1% | 13,190€ | +35.3% | 680€ | 5.2% | 2 | 470€ |
| 728 | Delux Mobile03580997 · Bijelo Polje | <0.1% | 13,180€ | +34.6% | -1,611€ | -12.2% | 1 | 677€ |
| 729 | Fresh Clean M03598381 · Cetinje | <0.1% | 13,143€ | +13.1% | 3,711€ | 28.2% | 1 | 678€ |
| 730 | Fiju03627217 · Podgorica | <0.1% | 13,139€ | +53.9% | 1,217€ | 9.3% | 1 | 678€ |
| 731 | Sandrina03336441 · Danilovgrad | <0.1% | 13,132€ | -11.9% | 79€ | 0.6% | 1 | 688€ |
| 732 | Ferizović03173127 · Podgorica | <0.1% | 13,105€ | -64.4% | -8,391€ | -64.0% | 2 | 792€ |
| 733 | O-B Mobile03284557 · Bijelo Polje | <0.1% | 13,105€ | +0.9% | 118€ | 0.9% | 1 | 1,004€ |
| 734 | Elena Estetica03553639 · Kotor | <0.1% | 13,090€ | +117.4% | -516€ | -3.9% | 1 | 807€ |
| 735 | Kilina Company03480925 · Budva | <0.1% | 13,054€ | -15.1% | -5,485€ | -42.0% | 1 | 1,353€ |
| 736 | Ati-Mne03149072 · Budva | <0.1% | 12,936€ | +194.0% | 4,224€ | 32.7% | 1 | 494€ |
| 737 | Perezhegin i Co03322726 · Herceg Novi | <0.1% | 12,890€ | +653.8% | 3,566€ | 27.7% | 1 | 675€ |
| 738 | Energija Života03580881 · Budva | <0.1% | 12,890€ | +213.6% | -2,112€ | -16.4% | 2 | 511€ |
| 739 | Džentlmen SM HN03508331 · Herceg Novi | <0.1% | 12,821€ | +4.4% | -346€ | -2.7% | 1 | 678€ |
| 740 | Nataly Beauty Montenegro03626016 · Bar | <0.1% | 12,813€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -745€ | -5.8% | 1 | 670€ |
| 741 | Ady Berber03668738 · Bar | <0.1% | 12,791€ | +57.6% | 156€ | 1.2% | 1 | 936€ |
| 742 | Duo N & M02848031 · Herceg Novi | <0.1% | 12,735€ | +27.6% | -6,778€ | -53.2% | 2 | 675€ |
| 743 | Women Who Love Hair03483517 · Budva | <0.1% | 12,695€ | -22.3% | -8,530€ | -67.2% | 2 | 828€ |
| 744 | Profast Monte03418936 · Bar | <0.1% | 12,690€ | +77.9% | -17,836€ | -140.6% | 2 | 1,166€ |
| 745 | Free Style Z03036316 · Podgorica | <0.1% | 12,657€ | +5.9% | 1,250€ | 9.9% | 2 | 339€ |
| 746 | Stars Maša03337332 · Podgorica | <0.1% | 12,643€ | +8.5% | -68€ | -0.5% | 1 | 699€ |
| 747 | MY World03613542 · Kotor | <0.1% | 12,611€ | +49.8% | -523€ | -4.1% | 1 | 746€ |
| 748 | Power Mob Shop03335054 · Bijelo Polje | <0.1% | 12,609€ | -30.1% | -3,761€ | -29.8% | 1 | 675€ |
| 749 | Style Studio03254917 · Budva | <0.1% | 12,587€ | +21.9% | -4,176€ | -33.2% | 2 | 533€ |
| 750 | Rock 'N' Hair03553612 · Bar | <0.1% | 12,565€ | +190.1% | -2,455€ | -19.5% | 1 | 847€ |