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 1001–1050 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* |
|---|
| 1001 | Sabs Looks03136612 · Herceg Novi | <0.1% | 5,780€ | +285.6% | -4,994€ | -86.4% | 1 | 680€ |
| 1002 | Teleteh03076334 · Podgorica | <0.1% | 5,738€ | -12.9% | 405€ | 7.1% | 1 | — |
| 1003 | Salon za Pse-Hugo03679705 · Nikšić | <0.1% | 5,735€ | +409.8% | -4,529€ | -79.0% | 1 | 338€ |
| 1004 | Sonja Nails03651754 · Podgorica | <0.1% | 5,719€ | +79.7% | 66€ | 1.2% | 1 | 339€ |
| 1005 | JS Beauty Room Nails & Brows03779521 · Podgorica | <0.1% | 5,676€ | No filing for 2024. | 1,148€ | 20.2% | 1 | — |
| 1006 | Diagnozavto03152430 · Bar | <0.1% | 5,675€ | -56.8% | -20,680€ | -364.4% | 2 | 960€ |
| 1007 | New Nature03361721 · Bar | <0.1% | 5,639€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 5,639€ | 100.0% | 3 | — |
| 1008 | Sportomed Sports Club03609740 · Podgorica | <0.1% | 5,550€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,157€ | -201.0% | 1 | 927€ |
| 1009 | LUK.LAB03554112 · Podgorica | <0.1% | 5,543€ | -73.2% | -12,270€ | -221.4% | 2 | 567€ |
| 1010 | Art-Media03585255 · Bar | <0.1% | 5,490€ | +357.5% | -2,554€ | -46.5% | 1 | 670€ |
| 1011 | Bavarac03430758 · Podgorica | <0.1% | 5,443€ | +12.1% | -5,788€ | -106.3% | 2 | 404€ |
| 1012 | Elektro-Tehno Servis03564983 · Podgorica | <0.1% | 5,435€ | +32.6% | 664€ | 12.2% | 1 | 339€ |
| 1013 | Coco M03765512 · Kotor | <0.1% | 5,417€ | No filing for 2024. | -3,540€ | -65.3% | 1 | 574€ |
| 1014 | Style For You02446464 · Herceg Novi | <0.1% | 5,416€ | +1.0% | -11,473€ | -211.8% | 2 | 426€ |
| 1015 | Almar03461858 · Budva | <0.1% | 5,400€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -6,927€ | -128.3% | 1 | 926€ |
| 1016 | Alexmobile03475352 · Nikšić | <0.1% | 5,367€ | +37.6% | -3,059€ | -57.0% | 1 | 675€ |
| 1017 | Frizer Stars03215890 · Podgorica | <0.1% | 5,364€ | -37.0% | 971€ | 18.1% | 1 | 340€ |
| 1018 | Fashion Studio Milena03082202 · Podgorica | <0.1% | 5,333€ | -58.0% | -4,093€ | -76.7% | 1 | 678€ |
| 1019 | Razlomak Sedam03519139 · Podgorica | <0.1% | 5,310€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,410€ | -83.1% | 1 | 716€ |
| 1020 | Sergej 103008568 · Podgorica | <0.1% | 5,275€ | +3.3% | 675€ | 12.8% | 1 | 337€ |
| 1021 | Master Barber Shop03749193 · Podgorica | <0.1% | 5,260€ | No filing for 2024. | -7,067€ | -134.4% | 2 | 421€ |
| 1022 | C Member03494624 · Bijelo Polje | <0.1% | 5,240€ | -95.4% | -104€ | -2.0% | 1 | 405€ |
| 1023 | RTV Servis VM03291979 · Nikšić | <0.1% | 5,140€ | +35.8% | 40€ | 0.8% | 1 | 333€ |
| 1024 | Amazonit03364453 · Bar | <0.1% | 5,138€ | +189.3% | -337€ | -6.6% | 1 | 339€ |
| 1025 | Institut za Sportsku i Manuelnu Metodologiju- Affiliate03518736 · Podgorica | <0.1% | 5,130€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 47€ | 0.9% | 1 | 389€ |
| 1026 | Tepih Servis Boka03751317 · Tivat | <0.1% | 5,113€ | No filing for 2024. | -2,159€ | -42.2% | 1 | 441€ |
| 1027 | Zoi03477312 · Podgorica | <0.1% | 4,966€ | +35.1% | -64€ | -1.3% | 1 | 382€ |
| 1028 | Amara-122703803350 · Nikšić | <0.1% | 4,947€ | No filing for 2024. | 285€ | 5.8% | 1 | — |
| 1029 | Mygerman03671496 · Bar | <0.1% | 4,898€ | +333.8% | -4,169€ | -85.1% | 1 | 678€ |
| 1030 | Kabinet Umjetnosti03783456 · Podgorica | <0.1% | 4,889€ | No filing for 2024. | 308€ | 6.3% | 2 | — |
| 1031 | Dea Beauty03786803 · Budva | <0.1% | 4,876€ | No filing for 2024. | -1,202€ | -24.7% | 2 | — |
| 1032 | Novo Luna03758435 · Podgorica | <0.1% | 4,869€ | No filing for 2024. | -5,644€ | -115.9% | 1 | 661€ |
| 1033 | Betty Boop House03266486 · Pljevlja | <0.1% | 4,832€ | +60.6% | -150€ | -3.1% | 1 | 309€ |
| 1034 | Fizio Medic03802523 · Podgorica | <0.1% | 4,802€ | No filing for 2024. | 14€ | 0.3% | 1 | — |
| 1035 | Marsellyny Group03541720 · Budva | <0.1% | 4,800€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -16,704€ | -348.0% | 1 | 1,522€ |
| 1036 | Barber and Cat03632474 · Tivat | <0.1% | 4,800€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,475€ | -93.2% | 1 | 678€ |
| 1037 | MP Bijela Connect03790614 · Herceg Novi | <0.1% | 4,791€ | No filing for 2024. | -184€ | -3.8% | 1 | — |
| 1038 | Nemanja Barbers03784762 · Podgorica | <0.1% | 4,785€ | No filing for 2024. | -981€ | -20.5% | 1 | — |
| 1039 | Varoš03396991 · Pljevlja | <0.1% | 4,668€ | +24.3% | -4,803€ | -102.9% | 1 | 678€ |
| 1040 | Hair & Beauty Studio Victory03722236 · Bijelo Polje | <0.1% | 4,658€ | No filing for 2024. | -6,687€ | -143.6% | 1 | 659€ |
| 1041 | TSK Sea Lion03773388 · Nikšić | <0.1% | 4,568€ | No filing for 2024. | 401€ | 8.8% | 1 | 328€ |
| 1042 | Modni Studio Berber03031497 · Podgorica | <0.1% | 4,540€ | +15.4% | -598€ | -13.2% | 1 | 339€ |
| 1043 | Hangout03254518 · Bar | <0.1% | 4,530€ | -9.4% | -3,336€ | -73.6% | 1 | 645€ |
| 1044 | I - Mobil03267237 · Bijelo Polje | <0.1% | 4,530€ | +21.3% | -895€ | -19.8% | 1 | — |
| 1045 | Elite Fitnes Centar03758583 · Bar | <0.1% | 4,500€ | No filing for 2024. | 2,588€ | 57.5% | 1 | — |
| 1046 | Beauty Secret03740030 · Podgorica | <0.1% | 4,493€ | No filing for 2024. | -5,103€ | -113.6% | 1 | — |
| 1047 | Theraplan03571190 · Podgorica | <0.1% | 4,463€ | +346.3% | -11,115€ | -249.0% | 1 | 845€ |
| 1048 | Barber Meša03334953 · Tuzi | <0.1% | 4,395€ | +14.4% | -4,318€ | -98.2% | 1 | 687€ |
| 1049 | Faniya's Beauty Studio03390845 · Kotor | <0.1% | 4,341€ | +4.8% | -14,883€ | -342.8% | 2 | 683€ |
| 1050 | Cindyland03662543 · Podgorica | <0.1% | 4,270€ | +138.4% | 310€ | 7.3% | 1 | — |