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 351–400 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* |
|---|
| 351 | Atoll United Company03407560 · Budva | <0.1% | 28,530€ | +2,753.0% | -12,113€ | -42.5% | 1 | 936€ |
| 352 | Unique Beauty03336018 · Bijelo Polje | <0.1% | 28,496€ | +191.5% | 9,369€ | 32.9% | 2 | 679€ |
| 353 | Ral Clean03692515 · Berane | <0.1% | 28,493€ | +1,004.4% | 5,029€ | 17.6% | 1 | 1,906€ |
| 354 | Kala Beauty03081494 · Podgorica | <0.1% | 28,489€ | +80.3% | 6,499€ | 22.8% | 1 | 1,328€ |
| 355 | Deem02884437 · Budva | <0.1% | 28,479€ | +26.2% | -5,742€ | -20.2% | 4 | 546€ |
| 356 | Budva Tattoo Ink03177106 · Budva | <0.1% | 28,376€ | +79.0% | 9,660€ | 34.0% | 1 | 858€ |
| 357 | Picasso Style02800870 · Bar | <0.1% | 28,373€ | +30.3% | 938€ | 3.3% | 3 | 656€ |
| 358 | Mijović Beauty03491099 · Podgorica | <0.1% | 28,279€ | +90.5% | -1,832€ | -6.5% | 3 | 414€ |
| 359 | Slavica Beauty03343731 · Zeta | <0.1% | 28,252€ | -1.6% | 1,252€ | 4.4% | 2 | 677€ |
| 360 | M&I03372871 · Podgorica | <0.1% | 28,244€ | +22.3% | 966€ | 3.4% | 3 | 592€ |
| 361 | Bellissima02966450 · Kotor | <0.1% | 28,208€ | +17.9% | -969€ | -3.4% | 2 | 676€ |
| 362 | MC - Laki03404285 · Bar | <0.1% | 28,197€ | +9.7% | -360€ | -1.3% | 4 | 534€ |
| 363 | B Fashion03387968 · Nikšić | <0.1% | 27,914€ | +44.4% | -830€ | -3.0% | 3 | 595€ |
| 364 | Atelje 2803523187 · Nikšić | <0.1% | 27,870€ | +6.8% | 790€ | 2.8% | 2 | 643€ |
| 365 | House of Beauty03158039 · Podgorica | <0.1% | 27,819€ | +22.1% | 5,221€ | 18.8% | 1 | 1,214€ |
| 366 | Blossom03608506 · Podgorica | <0.1% | 27,814€ | +23.2% | 325€ | 1.2% | 3 | 678€ |
| 367 | Adore Studio03530957 · Podgorica | <0.1% | 27,772€ | +25.5% | 597€ | 2.1% | 1 | 925€ |
| 368 | Ego Boost03370151 · Budva | <0.1% | 27,728€ | +41.3% | -1,701€ | -6.1% | 2 | 876€ |
| 369 | Tanya03080315 · Podgorica | <0.1% | 27,691€ | +9.9% | 2,439€ | 8.8% | 2 | 663€ |
| 370 | Beauty Salon BY Marina03228398 · Podgorica | <0.1% | 27,569€ | -6.1% | -11,613€ | -42.1% | 3 | 561€ |
| 371 | Citiwell YG03560635 · Podgorica | <0.1% | 27,543€ | +375.8% | -6,871€ | -24.9% | 4 | 558€ |
| 372 | Fresh Start Wellness03639959 · Podgorica | <0.1% | 27,494€ | No filing for 2024. | -518€ | -1.9% | 1 | 800€ |
| 373 | Midabo Group03140270 · Zeta | <0.1% | 27,464€ | -2.8% | 1,836€ | 6.7% | 1 | 707€ |
| 374 | Alba Rosa03467015 · Herceg Novi | <0.1% | 27,430€ | +60.5% | 8,612€ | 31.4% | 1 | 337€ |
| 375 | Glamour BY Maja03595676 · Podgorica | <0.1% | 27,419€ | +0.8% | 19,766€ | 72.1% | 2 | — |
| 376 | Felix02984202 · Herceg Novi | <0.1% | 27,353€ | +42.6% | 778€ | 2.8% | 3 | 584€ |
| 377 | Refresh4.Me03346811 · Podgorica | <0.1% | 27,282€ | +10.3% | 5,591€ | 20.5% | 1 | 525€ |
| 378 | Zlatne Makaze Trio03625915 · Nikšić | <0.1% | 27,254€ | +31.1% | 148€ | 0.5% | 4 | 541€ |
| 379 | Chou Chou03647587 · Podgorica | <0.1% | 27,235€ | No filing for 2024. | -1,986€ | -7.3% | 1 | 773€ |
| 380 | Touch Me- Montenegro03500535 · Budva | <0.1% | 27,225€ | -2.0% | -20,038€ | -73.6% | 5 | 593€ |
| 381 | Better Look03387887 · Podgorica | <0.1% | 27,209€ | +144.7% | 291€ | 1.1% | 4 | 497€ |
| 382 | Hair Studio Baf03060403 · Budva | <0.1% | 27,189€ | +18.1% | -772€ | -2.8% | 2 | 784€ |
| 383 | CM - Daki03404315 · Bar | <0.1% | 27,102€ | -6.2% | 89€ | 0.3% | 4 | 513€ |
| 384 | Marina Mne03342026 · Bar | <0.1% | 27,071€ | +0.0% | -1,868€ | -6.9% | 3 | 682€ |
| 385 | Gazaar03169065 · Podgorica | <0.1% | 27,056€ | +53.0% | -20€ | -0.1% | 2 | — |
| 386 | Lady03007634 · Podgorica | <0.1% | 27,030€ | -13.9% | -115€ | -0.4% | 3 | 676€ |
| 387 | Vaš Salon Lady03335585 · Berane | <0.1% | 27,004€ | +31.4% | 777€ | 2.9% | 1 | 1,421€ |
| 388 | Mita - Monte03379183 · Budva | <0.1% | 26,865€ | -6.1% | -8,000€ | -29.8% | 1 | 2,682€ |
| 389 | Ultimate Fashion02646960 · Herceg Novi | <0.1% | 26,860€ | +14.7% | 1,089€ | 4.1% | 2 | 809€ |
| 390 | Cartier02972921 · Kotor | <0.1% | 26,656€ | +52.3% | 70€ | 0.3% | 2 | 769€ |
| 391 | Jasna Hair Salon03491935 · Podgorica | <0.1% | 26,562€ | -29.1% | -2,866€ | -10.8% | 2 | 1,223€ |
| 392 | Beauty BY Olga03534235 · Podgorica | <0.1% | 26,553€ | +37.9% | -606€ | -2.3% | 2 | 574€ |
| 393 | Auto Servis Uković 11103662772 · Berane | <0.1% | 26,514€ | +126.4% | 96€ | 0.4% | 2 | 862€ |
| 394 | Lyubeamo03338444 · Budva | <0.1% | 26,500€ | +3,685.7% | 9,013€ | 34.0% | 2 | 677€ |
| 395 | Tattoo Garage03539237 · Kotor | <0.1% | 26,495€ | +18.6% | 698€ | 2.6% | 1 | 622€ |
| 396 | Shine Divine03339432 · Kotor | <0.1% | 26,466€ | -12.8% | -3,143€ | -11.9% | 2 | 908€ |
| 397 | Magic Touch03596133 · Podgorica | <0.1% | 26,400€ | +26.6% | -1,547€ | -5.9% | 2 | 478€ |
| 398 | Mobil Centar Pro03606295 · Rožaje | <0.1% | 26,350€ | +194.5% | 3,879€ | 14.7% | 1 | 882€ |
| 399 | Ekskluzivna Estetika03594718 · Nikšić | <0.1% | 26,292€ | -16.6% | -2,079€ | -7.9% | 1 | 2,009€ |
| 400 | Right Route Montenegro03251608 · Podgorica | <0.1% | 26,207€ | +48.5% | 9,535€ | 36.4% | 1 | 482€ |