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 151–200 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* |
|---|
| 151 | Viktorija ST03215873 · Herceg Novi | 0.1% | 61,411€ | +62.6% | 1,518€ | 2.5% | 1 | 1,631€ |
| 152 | Miracle V Montenegro03317811 · Budva | 0.1% | 61,265€ | +7.1% | 1,487€ | 2.4% | 6 | 465€ |
| 153 | DM Perfect03652173 · Zeta | 0.1% | 61,225€ | +100.6% | 1,540€ | 2.5% | 3 | 905€ |
| 154 | Romatem03359280 · Podgorica | 0.1% | 60,516€ | -28.2% | -156,747€ | -259.0% | 1 | 2,206€ |
| 155 | Danea02718880 · Herceg Novi | 0.1% | 60,334€ | +116.8% | 11,707€ | 19.4% | 3 | 786€ |
| 156 | Celulita Bez03378624 · Podgorica | 0.1% | 60,047€ | +27.6% | 6,814€ | 11.3% | 4 | 576€ |
| 157 | Laundry02378582 · Bar | 0.1% | 59,978€ | +33.9% | -4,830€ | -8.1% | 1 | 2,871€ |
| 158 | Aba02746263 · Budva | 0.1% | 59,771€ | +11.8% | -12,557€ | -21.0% | 3 | 1,252€ |
| 159 | Neptunet03659224 · Bar | 0.1% | 59,200€ | +78.3% | 16,384€ | 27.7% | 2 | 964€ |
| 160 | Hair Style BY NP03384551 · Budva | 0.1% | 59,007€ | +313.0% | 8,873€ | 15.0% | 4 | 778€ |
| 161 | PC Bug02791285 · Kotor | <0.1% | 58,547€ | +27.9% | -1,108€ | -1.9% | 2 | — |
| 162 | Black & White02639157 · Budva | <0.1% | 58,071€ | +9.7% | 1,555€ | 2.7% | 4 | 608€ |
| 163 | Katharsis03067297 · Budva | <0.1% | 58,011€ | +46.7% | 238€ | 0.4% | 4 | 730€ |
| 164 | Brijačko Frizerska Radnja Stari Grad03057011 · Kotor | <0.1% | 58,009€ | +34.9% | -317€ | -0.5% | 4 | 736€ |
| 165 | PC Home02413094 · Bar | <0.1% | 57,622€ | +10.7% | 68€ | 0.1% | 2 | 338€ |
| 166 | Luxio Al Mare03546098 · Budva | <0.1% | 57,606€ | -12.8% | -8,262€ | -14.3% | 3 | 642€ |
| 167 | Vip Laundry & DRY03747492 · Tivat | <0.1% | 57,603€ | No filing for 2024. | 13,968€ | 24.2% | 3 | 535€ |
| 168 | Makers03506738 · Podgorica | <0.1% | 57,517€ | -8.4% | 3,796€ | 6.6% | 3 | 782€ |
| 169 | Nina - Nail Esthetics03254585 · Bar | <0.1% | 57,058€ | +241.1% | 21,842€ | 38.3% | 3 | 672€ |
| 170 | Hollywood02913232 · Rožaje | <0.1% | 56,488€ | +35.9% | -3,987€ | -7.1% | 4 | 1,240€ |
| 171 | Tvoj Kent03482880 · Budva | <0.1% | 56,285€ | +8.6% | -15,895€ | -28.2% | 6 | 654€ |
| 172 | Vuković Servis 202403708101 · Berane | <0.1% | 55,671€ | +680.4% | 5,370€ | 9.6% | 2 | 1,992€ |
| 173 | Florida Int System03045188 · Nikšić | <0.1% | 55,496€ | -14.8% | 3,089€ | 5.6% | 2 | 476€ |
| 174 | Happy M03660052 · Kotor | <0.1% | 55,327€ | +201.2% | 1,546€ | 2.8% | 4 | 707€ |
| 175 | Ivanović MM03084361 · Pljevlja | <0.1% | 55,091€ | +16.7% | 4,116€ | 7.5% | 2 | 596€ |
| 176 | Our03459462 · Kotor | <0.1% | 54,892€ | +96.1% | 5,292€ | 9.6% | 3 | 872€ |
| 177 | Green Box Beauty03533433 · Budva | <0.1% | 54,827€ | +64.0% | -13,011€ | -23.7% | 4 | 801€ |
| 178 | Vešeraj Tomašević03463028 · Herceg Novi | <0.1% | 54,322€ | +191.9% | -712€ | -1.3% | 5 | 593€ |
| 179 | Tehnolarapro03391116 · Podgorica | <0.1% | 53,902€ | +42.9% | 5,586€ | 10.4% | 1 | 675€ |
| 180 | Mistero03011208 · Nikšić | <0.1% | 53,791€ | +21.4% | 6,802€ | 12.6% | 2 | 508€ |
| 181 | Spotlight03248313 · Podgorica | <0.1% | 53,441€ | +26.6% | 2,845€ | 5.3% | 7 | 409€ |
| 182 | San Dizajn03335321 · Pljevlja | <0.1% | 53,358€ | +45.1% | -8,258€ | -15.5% | 4 | 578€ |
| 183 | Hemel Company03271439 · Bijelo Polje | <0.1% | 53,329€ | -28.2% | 1,581€ | 3.0% | 4 | 1,050€ |
| 184 | Lazure Beauty Club03659402 · Herceg Novi | <0.1% | 53,244€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -66,775€ | -125.4% | 8 | 433€ |
| 185 | GG-Computers03719138 · Podgorica | <0.1% | 53,167€ | +17,861.8% | 310€ | 0.6% | 2 | 782€ |
| 186 | Zlatna Žica02884178 · Bar | <0.1% | 53,147€ | -9.4% | 0€ | 0.0% | 3 | 1,019€ |
| 187 | G - Miladinović03058301 · Budva | <0.1% | 53,119€ | +12.7% | -2,709€ | -5.1% | 2 | 865€ |
| 188 | Perla Lux02999480 · Podgorica | <0.1% | 53,064€ | +91.4% | 4,893€ | 9.2% | 6 | 456€ |
| 189 | Twin Touch02787083 · Podgorica | <0.1% | 52,696€ | +45.3% | 6,953€ | 13.2% | 3 | 800€ |
| 190 | Violeta Beauty Studio03573346 · Bar | <0.1% | 52,557€ | +20.5% | -3,335€ | -6.3% | 5 | 589€ |
| 191 | Iris-BP03104176 · Bijelo Polje | <0.1% | 52,485€ | +11.8% | 8,724€ | 16.6% | 2 | 1,521€ |
| 192 | Margita02894521 · Podgorica | <0.1% | 51,559€ | +11.4% | 1,162€ | 2.3% | 4 | 904€ |
| 193 | L&N Company03366839 · Podgorica | <0.1% | 51,508€ | +38.5% | 2,729€ | 5.3% | 2 | 449€ |
| 194 | Gallo03607917 · Podgorica | <0.1% | 51,243€ | +200.1% | 19,269€ | 37.6% | 3 | 490€ |
| 195 | Focuss.Space03564258 · Bar | <0.1% | 51,211€ | +124.5% | -8,659€ | -16.9% | 3 | 589€ |
| 196 | Estetic Studio Sara03541851 · Podgorica | <0.1% | 51,159€ | +16.3% | 197€ | 0.4% | 5 | 561€ |
| 197 | Elektro Milenijum02696215 · Podgorica | <0.1% | 50,557€ | +17.5% | 6,338€ | 12.5% | 1 | 990€ |
| 198 | Frigomax Servis Vuković02771918 · Podgorica | <0.1% | 50,474€ | -12.9% | 1,225€ | 2.4% | 2 | 599€ |
| 199 | Mdvehicles03411486 · Nikšić | <0.1% | 50,286€ | +61.9% | 14,599€ | 29.0% | 3 | 581€ |
| 200 | Sanja's Hair03250067 · Tivat | <0.1% | 50,194€ | +77.4% | 9,169€ | 18.3% | 5 | 416€ |