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 1101–1150 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* |
|---|
| 1101 | Sanela Style03297853 · Podgorica | <0.1% | 2,892€ | +20.7% | -3,163€ | -109.4% | 1 | 338€ |
| 1102 | D-Vaas03784509 · Nikšić | <0.1% | 2,845€ | No filing for 2024. | -2,990€ | -105.1% | 1 | — |
| 1103 | Istanbul Hair03766896 · Podgorica | <0.1% | 2,775€ | No filing for 2024. | -2,107€ | -75.9% | 1 | 307€ |
| 1104 | Neovanta03751686 · Herceg Novi | <0.1% | 2,750€ | No filing for 2024. | -2,225€ | -80.9% | 1 | 339€ |
| 1105 | Studio Svetlana03775160 · Zeta | <0.1% | 2,720€ | No filing for 2024. | 0€ | 0.0% | 0 | — |
| 1106 | Lady Glamour03803481 · Podgorica | <0.1% | 2,676€ | No filing for 2024. | 1,391€ | 52.0% | 2 | — |
| 1107 | N & A02879522 · Kolašin | <0.1% | 2,672€ | +19.1% | -5,938€ | -222.2% | 2 | 309€ |
| 1108 | Sinteza03230694 · Tivat | <0.1% | 2,642€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -438€ | -16.6% | 1 | — |
| 1109 | Lotus D03620689 · Tuzi | <0.1% | 2,614€ | -19.8% | -785€ | -30.0% | 1 | — |
| 1110 | Cosmokonovalova03528456 · Bar | <0.1% | 2,590€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -5,706€ | -220.3% | 1 | 678€ |
| 1111 | JJN Framesi03175316 · Herceg Novi | <0.1% | 2,576€ | +50.1% | 241€ | 9.4% | 1 | — |
| 1112 | Service Plus03055566 · Herceg Novi | <0.1% | 2,575€ | -69.6% | -5,087€ | -197.6% | 1 | 339€ |
| 1113 | Studio Ljepote - Vesna03064964 · Podgorica | <0.1% | 2,549€ | +5.4% | -6,812€ | -267.2% | 1 | 675€ |
| 1114 | L Essenza03793273 · Cetinje | <0.1% | 2,500€ | No filing for 2024. | 262€ | 10.5% | 1 | — |
| 1115 | Heja03808947 · Podgorica | <0.1% | 2,500€ | No filing for 2024. | 1,910€ | 76.4% | 1 | — |
| 1116 | Starsmed03555666 · Budva | <0.1% | 2,490€ | +2,249.1% | -22,488€ | -903.1% | 1 | 981€ |
| 1117 | Frizerski Studio Marie03433021 · Bar | <0.1% | 2,465€ | -42.0% | -2,807€ | -113.9% | 1 | 307€ |
| 1118 | Jani Beauty03498131 · Podgorica | <0.1% | 2,460€ | -0.3% | -4,407€ | -179.1% | 1 | 396€ |
| 1119 | Gossip Girls03499499 · Podgorica | <0.1% | 2,453€ | -22.4% | -6,348€ | -258.8% | 2 | 338€ |
| 1120 | Iva & Aco Men's Studio03788385 · Podgorica | <0.1% | 2,412€ | No filing for 2024. | -2,437€ | -101.0% | 2 | — |
| 1121 | Barber Džanki03639746 · Podgorica | <0.1% | 2,404€ | +37.0% | -6,719€ | -279.5% | 1 | 678€ |
| 1122 | Pomorska Panda02797640 · Herceg Novi | <0.1% | 2,338€ | +26.0% | -8,622€ | -368.8% | 1 | 768€ |
| 1123 | Health & Beauty Concept03378039 · Budva | <0.1% | 2,310€ | +36.1% | -8,004€ | -346.5% | 1 | 678€ |
| 1124 | Pavle R.O.02866293 · Podgorica | <0.1% | 2,289€ | +265.1% | -4,708€ | -205.7% | 1 | 505€ |
| 1125 | Anastasiya Studio03626644 · Bar | <0.1% | 2,285€ | -50.2% | -6,016€ | -263.3% | 1 | 678€ |
| 1126 | Irresistibile02859424 · Tivat | <0.1% | 2,232€ | +64.7% | -7,725€ | -346.1% | 1 | 675€ |
| 1127 | Danik Cosmetic Studio03778665 · Kotor | <0.1% | 2,229€ | No filing for 2024. | -2,606€ | -116.9% | 1 | — |
| 1128 | Pogrebno Račić03533280 · Andrijevica | <0.1% | 2,130€ | +25.2% | 0€ | 0.0% | 1 | — |
| 1129 | House Barber DM 202503792943 · Berane | <0.1% | 2,114€ | No filing for 2024. | -1,445€ | -68.4% | 1 | — |
| 1130 | Dislava03720349 · Budva | <0.1% | 2,100€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -5,938€ | -282.8% | 1 | 590€ |
| 1131 | Mračević Ko03052788 · Kotor | <0.1% | 2,072€ | +185.4% | -5,336€ | -257.5% | 1 | 513€ |
| 1132 | Zorana Style03416356 · Podgorica | <0.1% | 2,056€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -6,704€ | -326.1% | 1 | 677€ |
| 1133 | Yacht Upholstery03776069 · Herceg Novi | <0.1% | 2,020€ | No filing for 2024. | -2,641€ | -130.7% | 1 | 333€ |
| 1134 | Inking Company03783758 · Podgorica | <0.1% | 2,014€ | No filing for 2024. | -1,470€ | -73.0% | 1 | — |
| 1135 | Favourite Choice03541223 · Budva | <0.1% | 2,000€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -6,216€ | -310.8% | 1 | 678€ |
| 1136 | Troy Consulting03498409 · Budva | <0.1% | 2,000€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,420€ | -421.0% | 1 | 678€ |
| 1137 | Bioregulacija03469913 · Bar | <0.1% | 1,980€ | -34.0% | -1,651€ | -83.4% | 1 | — |
| 1138 | Irena Deva03604756 · Herceg Novi | <0.1% | 1,970€ | -56.3% | 510€ | 25.9% | 1 | — |
| 1139 | Starmajstor03611060 · Bar | <0.1% | 1,961€ | +1,352.6% | -5,170€ | -263.6% | 1 | 587€ |
| 1140 | GK Sallon03774473 · Budva | <0.1% | 1,805€ | No filing for 2024. | 339€ | 18.8% | 0 | — |
| 1141 | Compass of Health03735010 · Budva | <0.1% | 1,800€ | No filing for 2024. | -5,407€ | -300.4% | 1 | 521€ |
| 1142 | Premium Beauty Atelier03786315 · Podgorica | <0.1% | 1,780€ | No filing for 2024. | -1,182€ | -66.4% | 1 | — |
| 1143 | Estetika Pro03490041 · Bar | <0.1% | 1,753€ | -85.4% | -7,553€ | -430.9% | 1 | 683€ |
| 1144 | Nataly's Line03286452 · Tivat | <0.1% | 1,750€ | -44.1% | -301€ | -17.2% | 1 | — |
| 1145 | Vešeraj Filip03677567 · Bar | <0.1% | 1,718€ | -68.9% | -8,176€ | -475.9% | 1 | 676€ |
| 1146 | Vavrium03712931 · Tivat | <0.1% | 1,665€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -7,408€ | -444.9% | 1 | 669€ |
| 1147 | Silver Hair Art Društvo Ša Ograničenom Odgovornošću Podgorica03786218 · Podgorica | <0.1% | 1,612€ | No filing for 2024. | -3,941€ | -244.5% | 1 | — |
| 1148 | Antoćja03746585 · Bar | <0.1% | 1,611€ | No filing for 2024. | -3,552€ | -220.5% | 1 | 422€ |
| 1149 | Magtel Co03121828 · Podgorica | <0.1% | 1,604€ | -90.3% | -7,971€ | -496.9% | 1 | 735€ |
| 1150 | Tepih Comerc03756670 · Podgorica | <0.1% | 1,594€ | No filing for 2024. | -5,340€ | -335.0% | 1 | 574€ |