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 251–300 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* |
|---|
| 251 | Barber Shop NBM03309479 · Podgorica | <0.1% | 39,328€ | +41.8% | 4,875€ | 12.4% | 1 | 1,751€ |
| 252 | Emendi02826330 · Nikšić | <0.1% | 39,225€ | +11.9% | -14,365€ | -36.6% | 4 | 685€ |
| 253 | Lotus Beauty House03672131 · Podgorica | <0.1% | 38,658€ | +200.9% | 2,045€ | 5.3% | 3 | 661€ |
| 254 | Berbernica03221377 · Nikšić | <0.1% | 38,425€ | +32.4% | 886€ | 2.3% | 5 | 507€ |
| 255 | Sun Way Cleaning02754665 · Ulcinj | <0.1% | 38,400€ | -3.3% | 930€ | 2.4% | 2 | 677€ |
| 256 | Alpasia03502724 · Budva | <0.1% | 38,375€ | +108.6% | -26,466€ | -69.0% | 4 | 699€ |
| 257 | Sefora Beauty03565343 · Bijelo Polje | <0.1% | 38,067€ | +19.9% | 3,589€ | 9.4% | 1 | 2,202€ |
| 258 | Sneža02394995 · Podgorica | <0.1% | 38,066€ | +7.4% | -1,855€ | -4.9% | 6 | 340€ |
| 259 | Bebeauty03462242 · Budva | <0.1% | 37,864€ | +10.1% | -10,564€ | -27.9% | 4 | 438€ |
| 260 | Kućni Servis03011020 · Podgorica | <0.1% | 37,763€ | +8.3% | 1,639€ | 4.3% | 2 | 874€ |
| 261 | Mist Jovović03044432 · Podgorica | <0.1% | 37,578€ | +7.2% | -8,197€ | -21.8% | 8 | 362€ |
| 262 | Servis Ćiro-NK03354997 · Nikšić | <0.1% | 37,518€ | +47.1% | 933€ | 2.5% | 1 | 450€ |
| 263 | Vječnost02815052 · Herceg Novi | <0.1% | 37,405€ | +142.8% | 24,536€ | 65.6% | 1 | 677€ |
| 264 | Beauty Room Mne03284751 · Budva | <0.1% | 37,400€ | +71.4% | -95€ | -0.3% | 2 | 670€ |
| 265 | Elektro Frigo Filipović02951843 · Podgorica | <0.1% | 37,327€ | -1.9% | -9,566€ | -25.6% | 1 | 1,661€ |
| 266 | Pedikir Centar03706290 · Podgorica | <0.1% | 37,142€ | +5,485.3% | 1,210€ | 3.3% | 2 | 466€ |
| 267 | Eb-Beauty03705226 · Bijelo Polje | <0.1% | 37,084€ | +1,754.2% | 9,992€ | 26.9% | 2 | 492€ |
| 268 | Haus Servis02875365 · Bar | <0.1% | 36,688€ | -9.8% | 2,207€ | 6.0% | 1 | 800€ |
| 269 | MMN Beauty Salon03519350 · Herceg Novi | <0.1% | 36,585€ | +17.6% | -1,845€ | -5.0% | 5 | 576€ |
| 270 | Entex Still03037959 · Kotor | <0.1% | 36,451€ | +12.3% | 11,531€ | 31.6% | 1 | — |
| 271 | Đole i Irina03087239 · Podgorica | <0.1% | 36,196€ | +21.4% | -15,077€ | -41.7% | 5 | 751€ |
| 272 | Venom Company02370255 · Herceg Novi | <0.1% | 35,999€ | +32.6% | -1,127€ | -3.1% | 3 | 678€ |
| 273 | Tim Sat03038955 · Kotor | <0.1% | 35,908€ | -10.8% | 8,449€ | 23.5% | 1 | 2,049€ |
| 274 | Impuls Estetik Studio03064875 · Bar | <0.1% | 35,883€ | +4.1% | 3,013€ | 8.4% | 3 | 556€ |
| 275 | Fonex M03064891 · Bijelo Polje | <0.1% | 35,867€ | +36.0% | 5,891€ | 16.4% | 3 | 675€ |
| 276 | Green Bird03538915 · Podgorica | <0.1% | 35,820€ | +85.1% | 1,619€ | 4.5% | 1 | 2,223€ |
| 277 | El Decor03389561 · Bijelo Polje | <0.1% | 35,632€ | +71.7% | 8,292€ | 23.3% | 1 | 1,631€ |
| 278 | Perla Sisters03714128 · Podgorica | <0.1% | 35,440€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -5,683€ | -16.0% | 6 | 326€ |
| 279 | Higija Beauty03588637 · Podgorica | <0.1% | 35,401€ | +55.5% | 1,070€ | 3.0% | 2 | 830€ |
| 280 | K Beauty Station03556255 · Cetinje | <0.1% | 35,307€ | +57.2% | -1,485€ | -4.2% | 4 | 539€ |
| 281 | Iris Company02383977 · Podgorica | <0.1% | 35,066€ | -15.4% | 3,661€ | 10.4% | 3 | 723€ |
| 282 | Milsan03206297 · Tivat | <0.1% | 34,989€ | +44.2% | -21,385€ | -61.1% | 4 | 505€ |
| 283 | Wash - House03133125 · Nikšić | <0.1% | 34,950€ | +11.4% | 543€ | 1.6% | 3 | 529€ |
| 284 | Aesthetic-Pro03368076 · Pljevlja | <0.1% | 34,751€ | +11.2% | 3,043€ | 8.8% | 2 | 655€ |
| 285 | Perionica Vuković03318222 · Berane | <0.1% | 34,400€ | +386.4% | -1,530€ | -4.4% | 2 | 1,383€ |
| 286 | Beauty Life Montenegro03153576 · Podgorica | <0.1% | 34,154€ | +4.9% | 2,207€ | 6.5% | 4 | 420€ |
| 287 | A&D Auto Radmilo03338401 · Tivat | <0.1% | 34,001€ | +13.5% | 1,484€ | 4.4% | 1 | 1,462€ |
| 288 | B&M Hair Couture03227111 · Podgorica | <0.1% | 33,946€ | +49.3% | 5,414€ | 15.9% | 1 | 872€ |
| 289 | Blend03503747 · Budva | <0.1% | 33,910€ | +67.0% | 1,790€ | 5.3% | 1 | 2,479€ |
| 290 | Modni Studio Đuro03067688 · Cetinje | <0.1% | 33,636€ | -7.4% | 304€ | 0.9% | 4 | 565€ |
| 291 | VMS Clean Servis03550877 · Tivat | <0.1% | 33,562€ | +155.5% | 1,451€ | 4.3% | 1 | 772€ |
| 292 | Citiwell Em03560929 · Podgorica | <0.1% | 33,341€ | +38.0% | -548€ | -1.6% | 3 | 519€ |
| 293 | Monija Stil03079198 · Podgorica | <0.1% | 33,316€ | +76.2% | 4,773€ | 14.3% | 3 | 581€ |
| 294 | Hope’s Hair Design03620956 · Budva | <0.1% | 33,293€ | +171.6% | -5,315€ | -16.0% | 3 | 808€ |
| 295 | W3103420558 · Podgorica | <0.1% | 32,901€ | +25.8% | -3,901€ | -11.9% | 2 | 749€ |
| 296 | BC Hair Design03456994 · Budva | <0.1% | 32,862€ | +25.5% | -1,435€ | -4.4% | 2 | 739€ |
| 297 | Snežana B02660431 · Podgorica | <0.1% | 32,725€ | -23.9% | -3,986€ | -12.2% | 3 | 799€ |
| 298 | Blue Angel Company03343278 · Bar | <0.1% | 32,690€ | +11.3% | 245€ | 0.7% | 3 | 544€ |
| 299 | Kuća Mode i Ljepote Amel03395065 · Bijelo Polje | <0.1% | 32,562€ | +20.4% | -379€ | -1.2% | 4 | 605€ |
| 300 | Esbi Group03651576 · Danilovgrad | <0.1% | 32,307€ | +118.3% | 1,065€ | 3.3% | 2 | 485€ |