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 951–1000 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* |
|---|
| 951 | Wave Energy03452760 · Bar | <0.1% | 7,490€ | +3.8% | -5,047€ | -67.4% | 1 | 929€ |
| 952 | Beauty Studio Im03613356 · Nikšić | <0.1% | 7,474€ | -25.3% | -6,727€ | -90.0% | 1 | 868€ |
| 953 | Bosa03678342 · Nikšić | <0.1% | 7,456€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -933€ | -12.5% | 1 | 679€ |
| 954 | Peace of Art03501558 · Podgorica | <0.1% | 7,450€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -1,097€ | -14.7% | 1 | 677€ |
| 955 | The Room03548171 · Podgorica | <0.1% | 7,450€ | -42.0% | -7,432€ | -99.8% | 1 | 678€ |
| 956 | Lansev Beaute03549593 · Tivat | <0.1% | 7,440€ | -56.7% | -5,386€ | -72.4% | 1 | 903€ |
| 957 | Frizerski Salon Aurora03334066 · Tuzi | <0.1% | 7,418€ | -6.3% | -1,544€ | -20.8% | 1 | 678€ |
| 958 | Orhideja02788152 · Budva | <0.1% | 7,361€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,232€ | -125.4% | 2 | 689€ |
| 959 | Studio M2 Company03461211 · Herceg Novi | <0.1% | 7,355€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,411€ | -114.4% | 1 | 1,139€ |
| 960 | Pansion Leo03405583 · Podgorica | <0.1% | 7,316€ | -30.7% | 1,069€ | 14.6% | 1 | — |
| 961 | BST-Project03325989 · Bar | <0.1% | 7,300€ | +42.2% | -1,297€ | -17.8% | 1 | 678€ |
| 962 | Autodoktor03407411 · Budva | <0.1% | 7,273€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,300€ | -31.6% | 2 | 340€ |
| 963 | Motus03183742 · Podgorica | <0.1% | 7,233€ | +23.3% | -4,523€ | -62.5% | 1 | 682€ |
| 964 | Džeba03271374 · Podgorica | <0.1% | 7,219€ | +93.9% | -8,260€ | -114.4% | 2 | 493€ |
| 965 | CG - Azzurro03070336 · Podgorica | <0.1% | 7,214€ | +25.0% | 248€ | 3.4% | 1 | 455€ |
| 966 | Delila03221059 · Rožaje | <0.1% | 7,191€ | +251.8% | 106€ | 1.5% | 1 | 580€ |
| 967 | Lamer Kozmetički Salon03304124 · Herceg Novi | <0.1% | 7,168€ | +12.9% | 74€ | 1.0% | 2 | — |
| 968 | Manicure BY M03790444 · Bar | <0.1% | 7,135€ | No filing for 2024. | 2,824€ | 39.6% | 1 | — |
| 969 | Beauty Studio N03747913 · Cetinje | <0.1% | 7,115€ | No filing for 2024. | -1,266€ | -17.8% | 1 | 492€ |
| 970 | DN Vision03757331 · Tivat | <0.1% | 7,090€ | No filing for 2024. | -44€ | -0.6% | 1 | 430€ |
| 971 | Boban & Strahinja03377539 · Tivat | <0.1% | 7,015€ | -35.5% | -1,739€ | -24.8% | 1 | 343€ |
| 972 | Mia Beauty03314146 · Nikšić | <0.1% | 6,875€ | -12.0% | -2€ | -0.0% | 1 | 338€ |
| 973 | JM&PP Group Co03265340 · Kolašin | <0.1% | 6,858€ | +21.8% | -5,877€ | -85.7% | 1 | 678€ |
| 974 | Mašamont03410480 · Danilovgrad | <0.1% | 6,815€ | -6.7% | -3,325€ | -48.8% | 1 | 686€ |
| 975 | Astan Medya03749819 · Podgorica | <0.1% | 6,800€ | No filing for 2024. | 469€ | 6.9% | 1 | 422€ |
| 976 | Nikita i Alisa03623866 · Bar | <0.1% | 6,795€ | +1,841.4% | -1,249€ | -18.4% | 1 | 670€ |
| 977 | Euphorija03045889 · Pljevlja | <0.1% | 6,755€ | -23.5% | -10,267€ | -152.0% | 2 | 677€ |
| 978 | Perfect Estetic Clinic03616495 · Herceg Novi | <0.1% | 6,705€ | -27.0% | -3,697€ | -55.1% | 1 | 575€ |
| 979 | Mistero Beauty03757854 · Nikšić | <0.1% | 6,675€ | No filing for 2024. | 181€ | 2.7% | 1 | 444€ |
| 980 | Healthcare Inc03440800 · Budva | <0.1% | 6,627€ | +41.0% | -4,786€ | -72.2% | 1 | 922€ |
| 981 | Vešeraj VB03736750 · Podgorica | <0.1% | 6,620€ | No filing for 2024. | -7,502€ | -113.3% | 0 | — |
| 982 | Smyrna Laundry & Tailor03614182 · Podgorica | <0.1% | 6,606€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,576€ | -145.0% | 1 | 748€ |
| 983 | Misterija Company03763447 · Podgorica | <0.1% | 6,553€ | No filing for 2024. | -6,018€ | -91.8% | 1 | — |
| 984 | PC Connect03787273 · Bijelo Polje | <0.1% | 6,551€ | No filing for 2024. | -59€ | -0.9% | 1 | — |
| 985 | Iaroslava03191290 · Tivat | <0.1% | 6,454€ | -89.6% | -65,820€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 1,147€ |
| 986 | Gals Group03732134 · Nikšić | <0.1% | 6,397€ | No filing for 2024. | -13,316€ | -208.2% | 1 | — |
| 987 | Sliming Studio03756017 · Podgorica | <0.1% | 6,389€ | No filing for 2024. | 1,522€ | 23.8% | 1 | 390€ |
| 988 | Golden Beauty03191745 · Budva | <0.1% | 6,266€ | -61.9% | -1,205€ | -19.2% | 2 | — |
| 989 | Frizerski Salon B&M03309525 · Kolašin | <0.1% | 6,240€ | +49.1% | -1,899€ | -30.4% | 1 | 676€ |
| 990 | Mongu03365409 · Herceg Novi | <0.1% | 6,229€ | -8.5% | -6,529€ | -104.8% | 1 | 927€ |
| 991 | Posh Lady Beauty House03666158 · Podgorica | <0.1% | 6,150€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,562€ | -155.5% | 1 | 832€ |
| 992 | Kenuya02928434 · Budva | <0.1% | 6,147€ | -58.2% | -7,529€ | -122.5% | 2 | 391€ |
| 993 | Dentalni i Estetski Studio Radulović03333981 · Podgorica | <0.1% | 6,047€ | -37.7% | -3,508€ | -58.0% | 1 | 460€ |
| 994 | Noble Union02657520 · Bar | <0.1% | 6,043€ | +31.0% | -23,103€ | -382.3% | 4 | 532€ |
| 995 | Mon Cheri03466264 · Bar | <0.1% | 5,989€ | -7.0% | -3,040€ | -50.8% | 2 | — |
| 996 | Azar International03714250 · Herceg Novi | <0.1% | 5,986€ | No filing for 2024. | -784€ | -13.1% | 1 | 303€ |
| 997 | OL.DI Company03295796 · Budva | <0.1% | 5,980€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -21,439€ | -358.5% | 1 | 670€ |
| 998 | Kod Komšije N03420159 · Podgorica | <0.1% | 5,874€ | -24.3% | -3,267€ | -55.6% | 1 | 674€ |
| 999 | Ljepota i Zdravlje03507513 · Herceg Novi | <0.1% | 5,860€ | +174.5% | -2,988€ | -51.0% | 1 | 680€ |
| 1000 | Tiha03330745 · Podgorica | <0.1% | 5,795€ | +152.0% | 432€ | 7.5% | 1 | — |