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 751–800 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* |
|---|
| 751 | Beauty Shape Factory03591344 · Podgorica | <0.1% | 12,554€ | -40.8% | -19,467€ | -155.1% | 3 | 791€ |
| 752 | Haus Grooming03647617 · Podgorica | <0.1% | 12,540€ | +221.5% | -1,244€ | -9.9% | 1 | 941€ |
| 753 | Beauty Studio Ivana03477738 · Nikšić | <0.1% | 12,491€ | +44.4% | 2,313€ | 18.5% | 1 | 673€ |
| 754 | Cutis - Skin Care Corner03412172 · Podgorica | <0.1% | 12,460€ | -31.8% | -4,698€ | -37.7% | 1 | 652€ |
| 755 | Make Up Academy03260038 · Bar | <0.1% | 12,460€ | -7.2% | 699€ | 5.6% | 1 | 773€ |
| 756 | Laser Pro03329143 · Budva | <0.1% | 12,453€ | -27.4% | -11,006€ | -88.4% | 3 | 515€ |
| 757 | Kutak Ljepote03706362 · Bijelo Polje | <0.1% | 12,373€ | +56.1% | -8,991€ | -72.7% | 2 | 658€ |
| 758 | Modni Studio Jeja03480917 · Nikšić | <0.1% | 12,357€ | No filing for 2024. | -3,128€ | -25.3% | 2 | 499€ |
| 759 | Meili BY Ana03619532 · Bar | <0.1% | 12,260€ | +24.2% | -7,868€ | -64.2% | 1 | 678€ |
| 760 | Anastasia Hair Beauty03719537 · Podgorica | <0.1% | 12,226€ | No filing for 2024. | -12,922€ | -105.7% | 0 | — |
| 761 | Hairstyle N&L03333701 · Kolašin | <0.1% | 12,222€ | +150.9% | 841€ | 6.9% | 1 | 850€ |
| 762 | Ffazzon03092500 · Podgorica | <0.1% | 12,210€ | +15.8% | 168€ | 1.4% | 1 | 803€ |
| 763 | Sveydi03600866 · Budva | <0.1% | 12,180€ | +60.7% | -6,179€ | -50.7% | 1 | 867€ |
| 764 | Avrorix03546055 · Podgorica | <0.1% | 12,160€ | +327.4% | 1,008€ | 8.3% | 1 | 783€ |
| 765 | Miki Refil02934671 · Herceg Novi | <0.1% | 12,158€ | -11.2% | 2,593€ | 21.3% | 1 | — |
| 766 | Dies Irae03573303 · Budva | <0.1% | 12,150€ | +88.1% | -2,441€ | -20.1% | 1 | 339€ |
| 767 | Aj Rituals03700755 · Podgorica | <0.1% | 12,106€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -458€ | -3.8% | 1 | 696€ |
| 768 | Netlenka03450813 · Cetinje | <0.1% | 12,100€ | +51.6% | 402€ | 3.3% | 1 | 926€ |
| 769 | S-Vision Iq03513866 · Bar | <0.1% | 12,100€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -428€ | -3.5% | 1 | 929€ |
| 770 | Katja03119041 · Podgorica | <0.1% | 12,022€ | +8.8% | 101€ | 0.8% | 1 | 675€ |
| 771 | Studio Ljepote Jadranka02991250 · Podgorica | <0.1% | 11,956€ | +7.8% | 46€ | 0.4% | 1 | 669€ |
| 772 | Skić03492095 · Podgorica | <0.1% | 11,923€ | +18.8% | 388€ | 3.3% | 1 | 680€ |
| 773 | Face-Salon Ljepote03529975 · Danilovgrad | <0.1% | 11,889€ | +71.5% | 932€ | 7.8% | 2 | 429€ |
| 774 | Sabotel03747662 · Podgorica | <0.1% | 11,865€ | No filing for 2024. | -486€ | -4.1% | 1 | 933€ |
| 775 | Vivtash03527786 · Herceg Novi | <0.1% | 11,794€ | +554.5% | -12,401€ | -105.1% | 2 | 790€ |
| 776 | Saki`s Beauty03711064 · Tuzi | <0.1% | 11,783€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,811€ | -23.9% | 1 | 754€ |
| 777 | Elza&Nino03255549 · Podgorica | <0.1% | 11,776€ | -1.6% | 1,054€ | 9.0% | 1 | 686€ |
| 778 | Ab Beauty Center03646963 · Podgorica | <0.1% | 11,728€ | +189.8% | -2,112€ | -18.0% | 1 | 675€ |
| 779 | Moon Room03551156 · Bar | <0.1% | 11,661€ | +125.4% | -840€ | -7.2% | 2 | 359€ |
| 780 | Bellezza02983257 · Budva | <0.1% | 11,658€ | -16.3% | -1,030€ | -8.8% | 1 | 677€ |
| 781 | Prenko03589978 · Podgorica | <0.1% | 11,588€ | +40.9% | 865€ | 7.5% | 1 | 808€ |
| 782 | Monte-Dogs03371417 · Bar | <0.1% | 11,582€ | +9.9% | 266€ | 2.3% | 1 | 677€ |
| 783 | Beauty Salon TM03582744 · Žabljak | <0.1% | 11,558€ | -2.5% | -1,572€ | -13.6% | 1 | 893€ |
| 784 | Niković-Style03157318 · Podgorica | <0.1% | 11,545€ | +16.6% | 209€ | 1.8% | 1 | 923€ |
| 785 | Ivaluxe 5503288986 · Bar | <0.1% | 11,500€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 2,709€ | 23.6% | 2 | 339€ |
| 786 | Simline03532828 · Danilovgrad | <0.1% | 11,462€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -14,081€ | -122.8% | 2 | 715€ |
| 787 | VM1903701018 · Podgorica | <0.1% | 11,458€ | +991.2% | 754€ | 6.6% | 1 | 675€ |
| 788 | Hair Lab03645835 · Budva | <0.1% | 11,440€ | +37.7% | -1,012€ | -8.8% | 1 | 678€ |
| 789 | Beauty NO. 103050068 · Kotor | <0.1% | 11,437€ | -31.8% | 396€ | 3.5% | 2 | 438€ |
| 790 | Albionica03550842 · Herceg Novi | <0.1% | 11,420€ | +65.0% | 1,550€ | 13.6% | 1 | 673€ |
| 791 | Vinka02929341 · Podgorica | <0.1% | 11,407€ | -1.6% | -3,555€ | -31.2% | 2 | 510€ |
| 792 | Pejović Co02894173 · Kotor | <0.1% | 11,310€ | -19.7% | 66€ | 0.6% | 1 | 772€ |
| 793 | A Cut03709167 · Herceg Novi | <0.1% | 11,267€ | +8,245.9% | 666€ | 5.9% | 1 | 760€ |
| 794 | Bojana-KMB03077578 · Nikšić | <0.1% | 11,255€ | +47.0% | -3,961€ | -35.2% | 2 | 619€ |
| 795 | House of Hair03647463 · Tivat | <0.1% | 11,222€ | +26.1% | 1,654€ | 14.7% | 1 | 677€ |
| 796 | Sigma Health Center03177483 · Podgorica | <0.1% | 11,190€ | -10.8% | 89€ | 0.8% | 1 | 802€ |
| 797 | Como03057305 · Podgorica | <0.1% | 11,048€ | +12.7% | 313€ | 2.8% | 1 | 678€ |
| 798 | Beautique03738531 · Podgorica | <0.1% | 11,013€ | No filing for 2024. | 359€ | 3.3% | 1 | 645€ |
| 799 | Crystal Iii03233138 · Berane | <0.1% | 11,008€ | +32.5% | -3,306€ | -30.0% | 1 | 988€ |
| 800 | Bella Vita Montenegro03329160 · Budva | <0.1% | 10,972€ | +143.8% | -23,464€ | -213.9% | 1 | 1,826€ |