Revenue
58.59m€3.2× since 2015
0.3% of Montenegro's revenue
Personal services
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.
Nationwide · 2025
Year
Overview
Companies
1,556+1,209 since 2015
908 with at most one employee
Employees
3,5373.6× since 2015
Largest employer: Pogrebne Usluge (118)
Profit margin
-3.8%9.9 pts below average
Total profit: -2.22m€
This sector -3.8%Montenegro: 6.1%
Payroll cost/emp./mo*
769€38% below average
Average per employee, not per company
This sector 769€Montenegro: 1,242€
Revenue and companies since 2015
FinalPreliminary
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 |
What changed in 2025
Growth is measured on the same companies, which filed for both years.
- Revenue, same companies (1,319)
- 47.46m€ → 54.05m€
- Employees, same companies
- 2,782 → 2,921
- Payroll cost per employee, same companies
- 705€ → 809€
- Filed for 2025, not for 2024
- 237 companies · 4.54m€
- Filed for 2024, not for 2025
- 125 companies, 3.67m€ in 2024
Activities in this sector
- Companies
- 891
- Employees
- 2,099
- Revenue
- 22,998,326€
- Companies
- 96
- Employees
- 274
- Revenue
- 7,712,035€
- Companies
- 64
- Employees
- 103
- Revenue
- 5,707,855€
9.2%
- Companies
- 20
- Employees
- 214
- Revenue
- 5,375,876€
- Companies
- 33
- Employees
- 95
- Revenue
- 3,882,401€
4.8%
- Companies
- 149
- Employees
- 268
- Revenue
- 2,836,107€
- Companies
- 47
- Employees
- 84
- Revenue
- 2,704,807€
- Companies
- 147
- Employees
- 190
- Revenue
- 2,059,033€
- Companies
- 27
- Employees
- 63
- Revenue
- 2,047,354€
- Companies
- 40
- Employees
- 77
- Revenue
- 1,883,196€
1.1%
- Companies
- 18
- Employees
- 32
- Revenue
- 652,438€
- Companies
- 19
- Employees
- 28
- Revenue
- 630,959€
- Companies
- 3
- Employees
- 6
- Revenue
- 43,707€
9820
- Companies
- 0
- Employees
- 0
- Revenue
- 30,000€
<0.1%
- Companies
- 2
- Employees
- 4
- Revenue
- 25,915€
Total
- Companies
- 1,556
- Employees
- 3,537
- Revenue
- 58,590,009€
Where they are and who is growing
Revenue by municipality
Share of the sector's revenue
- Podgorica 25.35m€43.3%
- Budva 5.98m€10.2%
- Tivat 4.40m€7.5%
- Herceg Novi 3.29m€5.6%
- Nikšić 3.22m€5.5%
- Bijelo Polje 2.90m€4.9%
- Bar 2.55m€4.4%
- Other municipalities (14) 7.67m€13.1%
- No municipality in the registry 3.22m€5.5%
Largest employers
Employees and payroll cost per employee per month*
- 1181,169€
- 49605€
- 421,054€
- 361,117€
- 291,033€
All companies (1,556)
Ranked by total revenue · Showing 1–50 of 1,556
- 1Pogrebne Usluge02407515 · PodgoricaRevenue share4.2%
- Revenue
- 2,445,575€
- Revenue change 2024→2025
- -0.1%
- Profit
- 13,342€
- Margin
- 0.5%
- Employees
- 118
- Payroll cost/emp./mo*
- 1,169€
- 2Polar Clean Hemijska02846349 · TivatRevenue share3.3%
- Revenue
- 1,959,612€
- Revenue change 2024→2025
- -12.4%
- Profit
- 552,739€
- Margin
- 28.2%
- Employees
- 36
- Payroll cost/emp./mo*
- 1,117€
- 3Printec Montenegro03018555 · PodgoricaRevenue share3.2%
- Revenue
- 1,893,347€
- Revenue change 2024→2025
- -8.7%
- Profit
- -14,622€
- Margin
- -0.8%
- Employees
- 12
- Payroll cost/emp./mo*
- 2,874€
- 4Velma02394901 · PodgoricaRevenue share3.2%
- Revenue
- 1,858,280€
- Revenue change 2024→2025
- -5.2%
- Profit
- 146,669€
- Margin
- 7.9%
- Employees
- 42
- Payroll cost/emp./mo*
- 1,054€
- 5Perimex02110881 · BudvaRevenue share1.8%
- Revenue
- 1,047,599€
- Revenue change 2024→2025
- +29.1%
- Profit
- 56,706€
- Margin
- 5.4%
- Employees
- 11
- Payroll cost/emp./mo*
- 1,301€
- 6Promobil-Co02962004 · Bijelo PoljeRevenue share1.7%
- Revenue
- 1,010,672€
- Revenue change 2024→2025
- -32.3%
- Profit
- 23,685€
- Margin
- 2.3%
- Employees
- 19
- Payroll cost/emp./mo*
- 1,046€
- 7BMW Grebović02360683 · PodgoricaRevenue share1.4%
- Revenue
- 795,850€
- Revenue change 2024→2025
- +43.4%
- Profit
- 60,786€
- Margin
- 7.6%
- Employees
- 15
- Payroll cost/emp./mo*
- 984€
- 8British Motors Service03169227 · PodgoricaRevenue share1.3%
- Revenue
- 754,093€
- Revenue change 2024→2025
- +4.2%
- Profit
- 81,653€
- Margin
- 10.8%
- Employees
- 11
- Payroll cost/emp./mo*
- 1,335€
- 9Kuća Mode i Ljepote-Zoran02251370 · PodgoricaRevenue share1.3%
- Revenue
- 753,061€
- Revenue change 2024→2025
- +17.8%
- Profit
- 24,907€
- Margin
- 3.3%
- Employees
- 49
- Payroll cost/emp./mo*
- 605€
- 10New Estetik02803127 · PodgoricaRevenue share1.3%
- Revenue
- 736,933€
- Revenue change 2024→2025
- +14.1%
- Profit
- 78,397€
- Margin
- 10.6%
- Employees
- 10
- Payroll cost/emp./mo*
- 1,708€
- 11Pogrebne Usluge02643707 · BudvaRevenue share1.2%
- Revenue
- 676,883€
- Revenue change 2024→2025
- +11.2%
- Profit
- 35,214€
- Margin
- 5.2%
- Employees
- 24
- Payroll cost/emp./mo*
- 1,611€
- 12Komunalne Usluge02731649 · PljevljaRevenue share1.1%
- Revenue
- 656,083€
- Revenue change 2024→2025
- -4.3%
- Profit
- -13,738€
- Margin
- -2.1%
- Employees
- 29
- Payroll cost/emp./mo*
- 1,033€
- 13Fites Polović02467976 · ZetaRevenue share1.0%
- Revenue
- 580,831€
- Revenue change 2024→2025
- +9.9%
- Profit
- 35,528€
- Margin
- 6.1%
- Employees
- 18
- Payroll cost/emp./mo*
- 1,514€
- 14Max Clean02398737 · PodgoricaRevenue share1.0%
- Revenue
- 573,304€
- Revenue change 2024→2025
- +20.1%
- Profit
- 29,456€
- Margin
- 5.1%
- Employees
- 19
- Payroll cost/emp./mo*
- 1,017€
- 15Frigo Elektro Trubljanin02660768 · Bijelo PoljeRevenue share1.0%
- Revenue
- 562,684€
- Revenue change 2024→2025
- -10.8%
- Profit
- 25,807€
- Margin
- 4.6%
- Employees
- 4
- Payroll cost/emp./mo*
- 997€
- 16BT Laundry Service03320154 · BudvaRevenue share0.9%
- Revenue
- 523,951€
- Revenue change 2024→2025
- +20.8%
- Profit
- 17,015€
- Margin
- 3.2%
- Employees
- 9
- Payroll cost/emp./mo*
- 1,015€
- 17V.T. Copi Servis02417502 · ZetaRevenue share0.9%
- Revenue
- 503,057€
- Revenue change 2024→2025
- +88.5%
- Profit
- 23,919€
- Margin
- 4.8%
- Employees
- 2
- Payroll cost/emp./mo*
- 728€
- 18Banjo Trade02786931 · Herceg NoviRevenue share0.9%
- Revenue
- 501,837€
- Revenue change 2024→2025
- +42.0%
- Profit
- 8,186€
- Margin
- 1.6%
- Employees
- 3
- Payroll cost/emp./mo*
- 1,537€
- 19Pulito02387743 · PodgoricaRevenue share0.8%
- Revenue
- 464,799€
- Revenue change 2024→2025
- +5.8%
- Profit
- 15,097€
- Margin
- 3.2%
- Employees
- 14
- Payroll cost/emp./mo*
- 1,159€
- 20Vododjelnica-Lazović02299291 · PodgoricaRevenue share0.8%
- Revenue
- 449,163€
- Revenue change 2024→2025
- -1.4%
- Profit
- 383€
- Margin
- 0.1%
- Employees
- 5
- Payroll cost/emp./mo*
- 1,100€
- 21MK Solution03458130 · PodgoricaRevenue share0.7%
- Revenue
- 415,106€
- Revenue change 2024→2025
- +38.6%
- Profit
- 15,003€
- Margin
- 3.6%
- Employees
- 2
- Payroll cost/emp./mo*
- 893€
- 22Sagitta02406217 · Herceg NoviRevenue share0.7%
- Revenue
- 408,749€
- Revenue change 2024→2025
- +14.2%
- Profit
- 99,135€
- Margin
- 24.3%
- Employees
- 3
- Payroll cost/emp./mo*
- 1,208€
- 23R.S.Rakočević02644134 · DanilovgradRevenue share0.7%
- Revenue
- 395,589€
- Revenue change 2024→2025
- -0.2%
- Profit
- 13,469€
- Margin
- 3.4%
- Employees
- 7
- Payroll cost/emp./mo*
- 1,018€
- 24Kecojević03395979 · NikšićRevenue share0.6%
- Revenue
- 344,736€
- Revenue change 2024→2025
- -17.6%
- Profit
- 15,158€
- Margin
- 4.4%
- Employees
- 1
- Payroll cost/emp./mo*
- 925€
- 25Lind - Com02750759 · NikšićRevenue share0.5%
- Revenue
- 298,501€
- Revenue change 2024→2025
- -11.9%
- Profit
- 7,218€
- Margin
- 2.4%
- Employees
- 3
- Payroll cost/emp./mo*
- 1,066€
- 26Wash & DRY Company03091392 · PodgoricaRevenue share0.5%
- Revenue
- 275,007€
- Revenue change 2024→2025
- -3.1%
- Profit
- 9,588€
- Margin
- 3.5%
- Employees
- 3
- Payroll cost/emp./mo*
- 826€
- 27Fiko Ii02741237 · TivatRevenue share0.5%
- Revenue
- 272,983€
- Revenue change 2024→2025
- +4.8%
- Profit
- -5,692€
- Margin
- -2.1%
- Employees
- 24
- Payroll cost/emp./mo*
- 632€
- 28ŽM Narcis02412233 · NikšićRevenue share0.4%
- Revenue
- 251,652€
- Revenue change 2024→2025
- +15.9%
- Profit
- 21,317€
- Margin
- 8.5%
- Employees
- 5
- Payroll cost/emp./mo*
- 613€
- 29Frigo Tim02219476 · UlcinjRevenue share0.4%
- Revenue
- 251,129€
- Revenue change 2024→2025
- +86.9%
- Profit
- 9,402€
- Margin
- 3.7%
- Employees
- 6
- Payroll cost/emp./mo*
- 639€
- 30Pingvin-Edita Klein03107582 · PodgoricaRevenue share0.4%
- Revenue
- 246,673€
- Revenue change 2024→2025
- +16.7%
- Profit
- 6,203€
- Margin
- 2.5%
- Employees
- 12
- Payroll cost/emp./mo*
- 701€
- 31Taho Servis Lale02893037 · NikšićRevenue share0.4%
- Revenue
- 243,501€
- Revenue change 2024→2025
- -5.5%
- Profit
- 30,610€
- Margin
- 12.6%
- Employees
- 2
- Payroll cost/emp./mo*
- 867€
- 32MM Beauty Company03162532 · TivatRevenue share0.4%
- Revenue
- 243,253€
- Revenue change 2024→2025
- +24.7%
- Profit
- 37,835€
- Margin
- 15.6%
- Employees
- 3
- Payroll cost/emp./mo*
- 1,470€
- 33Kamalaya Spa03170802 · PodgoricaRevenue share0.4%
- Revenue
- 239,038€
- Revenue change 2024→2025
- +71.7%
- Profit
- 286€
- Margin
- 0.1%
- Employees
- 16
- Payroll cost/emp./mo*
- 558€
- 34Familija Kolari02323311 · UlcinjRevenue share0.4%
- Revenue
- 235,548€
- Revenue change 2024→2025
- +21.8%
- Profit
- 96,253€
- Margin
- 40.9%
- Employees
- 3
- Payroll cost/emp./mo*
- 885€
- 35Cabrio Auto Servis03281175 · PodgoricaRevenue share0.4%
- Revenue
- 234,731€
- Revenue change 2024→2025
- +18.8%
- Profit
- 47,580€
- Margin
- 20.3%
- Employees
- 6
- Payroll cost/emp./mo*
- 593€
- 36Spalogy03326551 · KotorRevenue share0.4%
- Revenue
- 215,811€
- Revenue change 2024→2025
- +288.1%
- Profit
- 98,507€
- Margin
- 45.6%
- Employees
- 5
- Payroll cost/emp./mo*
- 882€
- 37Mikana03431924 · BudvaRevenue share0.4%
- Revenue
- 207,603€
- Revenue change 2024→2025
- +116.6%
- Profit
- 11,586€
- Margin
- 5.6%
- Employees
- 15
- Payroll cost/emp./mo*
- 688€
- 38Alo Mobile03144704 · BarRevenue share0.4%
- Revenue
- 205,835€
- Revenue change 2024→2025
- +1.7%
- Profit
- -11,779€
- Margin
- -5.7%
- Employees
- 9
- Payroll cost/emp./mo*
- 982€
- 39Klima M02650959 · PodgoricaRevenue share0.3%
- Revenue
- 201,379€
- Revenue change 2024→2025
- +28.1%
- Profit
- 11,185€
- Margin
- 5.6%
- Employees
- 2
- Payroll cost/emp./mo*
- 900€
- 40Adriatic Laundry03449017 · TivatRevenue share0.3%
- Revenue
- 200,769€
- Revenue change 2024→2025
- +125.7%
- Profit
- 3,098€
- Margin
- 1.5%
- Employees
- 2
- Payroll cost/emp./mo*
- 1,358€
- 41Imperia Narcis Group03521931 · PodgoricaRevenue share0.3%
- Revenue
- 197,309€
- Revenue change 2024→2025
- +53.6%
- Profit
- 10,074€
- Margin
- 5.1%
- Employees
- 2
- Payroll cost/emp./mo*
- 678€
- 42Banya Wellness and Spa03408035 · PodgoricaRevenue share0.3%
- Revenue
- 196,998€
- Revenue change 2024→2025
- -5.7%
- Profit
- 6,788€
- Margin
- 3.4%
- Employees
- 7
- Payroll cost/emp./mo*
- 923€
- 43Magnus02060884 · PodgoricaRevenue share0.3%
- Revenue
- 196,693€
- Revenue change 2024→2025
- +5.1%
- Profit
- 33,846€
- Margin
- 17.2%
- Employees
- 5
- Payroll cost/emp./mo*
- 747€
- 44Centro Servis03159108 · PodgoricaRevenue share0.3%
- Revenue
- 194,455€
- Revenue change 2024→2025
- +77.8%
- Profit
- 11,890€
- Margin
- 6.1%
- Employees
- 3
- Payroll cost/emp./mo*
- 1,213€
- 45Higijena02015587 · PodgoricaRevenue share0.3%
- Revenue
- 192,359€
- Revenue change 2024→2025
- +26.7%
- Profit
- -67,159€
- Margin
- -34.9%
- Employees
- 9
- Payroll cost/emp./mo*
- 1,027€
- 46Crystal Wash03736008 · BudvaRevenue share0.3%
- Revenue
- 192,014€
- Revenue change 2024→2025
- No filing for 2024.
- Profit
- 57,998€
- Margin
- 30.2%
- Employees
- 1
- Payroll cost/emp./mo*
- 931€
- 47Auto Suki02427974 · Bijelo PoljeRevenue share0.3%
- Revenue
- 189,881€
- Revenue change 2024→2025
- -4.0%
- Profit
- 23,219€
- Margin
- 12.2%
- Employees
- 4
- Payroll cost/emp./mo*
- 647€
- 48Ivković02880997 · NikšićRevenue share0.3%
- Revenue
- 189,392€
- Revenue change 2024→2025
- +23.4%
- Profit
- 35,197€
- Margin
- 18.6%
- Employees
- 3
- Payroll cost/emp./mo*
- 824€
- 49Perun02376121 · Herceg NoviRevenue share0.3%
- Revenue
- 185,136€
- Revenue change 2024→2025
- -16.0%
- Profit
- 32,897€
- Margin
- 17.8%
- Employees
- 9
- Payroll cost/emp./mo*
- 754€
- 50Raco Lončar02787997 · NikšićRevenue share0.3%
- Revenue
- 179,628€
- Revenue change 2024→2025
- +8.7%
- Profit
- 9,762€
- Margin
- 5.4%
- Employees
- 3
- Payroll cost/emp./mo*
- 716€
* 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 →
Source: Tax Administration / CRPSCurrency: EUR