Revenue
3.5% of sector revenue
147 companies earned 2.06m€ in 2025, 3.5% of Personal services sector revenue. Revenue has grown 1.8× since 2015.
3.5% of sector revenue
118 with at most one employee
Largest employer: Magnus (5)
Median company -3.8% · 25% profitable
Average per employee, not per company
Revenue in € million (bars) and filing companies (below), 2015–2025
Employees and payroll cost per employee per month*
Ranked by total revenue · Showing 1–50 of 147
* 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 3 sole proprietors: natural persons whose statements are shown only in aggregate, never by name. The company count excludes them. How we calculate →
The activity title is the code's title in the KD 2010 classification (NACE Rev. 2), which applies to every year shown. The registry now shows titles from the new classification for the same codes, so titles can differ.
| Year | Revenue | Companies |
|---|---|---|
| 2015 | 1,127,472€ | 29 |
| 2016 | 1,260,640€ | 32 |
| 2017 | 526,912€ | 33 |
| 2018 | 660,075€ | 43 |
| 2019 | 633,599€ | 78 |
| 2020 | 549,800€ | 82 |
| 2021 | 746,259€ | 79 |
| 2022 | 1,255,042€ | 101 |
| 2023 | 1,737,516€ | 126 |
| 2024 | 2,073,969€ | 142 |
| 2025 (Preliminary) | 2,059,033€ | 147 |
The number of companies jumped most in 2019: from 43 to 78.
7.1% |
| 146,062€ |
| -50.4% |
| 5,544€ |
| 3.8% |
| 4 |
| 1,215€ |
| 3 | Monza Group03276350 · Tivat | 5.6% | 115,791€ | -15.8% | -33,773€ | -29.2% | 1 | 680€ |
| 4 | N & S Invest Company02921146 · Danilovgrad | 5.0% | 102,920€ | +98.2% | -2,255€ | -2.2% | 4 | 675€ |
| 5 | Coffee Team Company03693180 · Podgorica | 4.6% | 95,004€ | +2,406.0% | 24,187€ | 25.5% | 1 | 610€ |
| 6 | Event Montenegro02894203 · Podgorica | 4.4% | 89,969€ | +10.4% | 41,627€ | 46.3% | 1 | 721€ |
| 7 | Gemelli Commpany02645122 · Nikšić | 4.2% | 86,010€ | +13.5% | 737€ | 0.9% | 4 | 715€ |
| 8 | Neptunet03659224 · Bar | 2.9% | 59,200€ | +78.3% | 16,384€ | 27.7% | 2 | 964€ |
| 9 | Makers03506738 · Podgorica | 2.8% | 57,517€ | -8.4% | 3,796€ | 6.6% | 3 | 782€ |
| 10 | Focuss.Space03564258 · Bar | 2.5% | 51,211€ | +124.5% | -8,659€ | -16.9% | 3 | 589€ |
| 11 | Doganay Group03437710 · Budva | 2.1% | 43,184€ | +69.5% | -7,074€ | -16.4% | 2 | 800€ |
| 12 | Kiki-Kom02977001 · Berane | 2.1% | 42,407€ | +308.9% | 15,952€ | 37.6% | 1 | 867€ |
| 13 | Milsan03206297 · Tivat | 1.7% | 34,989€ | +44.2% | -21,385€ | -61.1% | 4 | 505€ |
| 14 | Esbi Group03651576 · Danilovgrad | 1.6% | 32,307€ | +118.3% | 1,065€ | 3.3% | 2 | 485€ |
| 15 | Singer 2003332101 · Tivat | 1.5% | 30,690€ | +16.4% | 303€ | 1.0% | 3 | 652€ |
| 16 | Vaš Grumer03326829 · Bar | 1.5% | 29,900€ | +160.8% | 14€ | 0.0% | 3 | 522€ |
| 17 | Atoll United Company03407560 · Budva | 1.4% | 28,530€ | +2,753.0% | -12,113€ | -42.5% | 1 | 936€ |
| 18 | Midabo Group03140270 · Zeta | 1.3% | 27,464€ | -2.8% | 1,836€ | 6.7% | 1 | 707€ |
| 19 | Gazaar03169065 · Podgorica | 1.3% | 27,056€ | +53.0% | -20€ | -0.1% | 2 | — |
| 20 | Lyubeamo03338444 · Budva | 1.3% | 26,500€ | +3,685.7% | 9,013€ | 34.0% | 2 | 677€ |
| 21 | Tattoo Garage03539237 · Kotor | 1.3% | 26,495€ | +18.6% | 698€ | 2.6% | 1 | 622€ |
| 22 | Right Route Montenegro03251608 · Podgorica | 1.3% | 26,207€ | +48.5% | 9,535€ | 36.4% | 1 | 482€ |
| 23 | Wolf 303712346 · Podgorica | 1.1% | 23,484€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 3,179€ | 13.5% | 1 | 1,458€ |
| 24 | Batiink03595269 · Nikšić | 1.1% | 23,390€ | +27.2% | -33€ | -0.1% | 2 | 891€ |
| 25 | Dog Holliday03684156 · Danilovgrad | 1.1% | 22,911€ | +420.6% | -9,300€ | -40.6% | 1 | 2,609€ |
| 26 | Aurum Asia03757463 · Berane | 1.0% | 21,491€ | No filing for 2024. | -3,227€ | -15.0% | 1 | 2,055€ |
| 27 | Montenegro Property Management02665689 · Kotor | 1.0% | 20,238€ | +15.6% | -1,054€ | -5.2% | 4 | 380€ |
| 28 | Happy Weddings and Events03085805 · Podgorica | 1.0% | 20,016€ | +51.3% | 7,227€ | 36.1% | 1 | 678€ |
| 29 | Grooming Corner Omd03507955 · Herceg Novi | 0.9% | 19,142€ | +115.5% | -7,603€ | -39.7% | 3 | 609€ |
| 30 | Taras Dream03713199 · Podgorica | 0.9% | 17,867€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -1,726€ | -9.7% | 1 | 1,387€ |
| 31 | Dubinski Čisto03715540 · Budva | 0.9% | 17,758€ | +142.3% | 64€ | 0.4% | 1 | 1,248€ |
| 32 | Patinart Ink Tatoo Studio and Art Gallery03609677 · Budva | 0.8% | 17,296€ | +240.7% | -410€ | -2.4% | 1 | 838€ |
| 33 | Bilek Adriatic03401995 · Herceg Novi | 0.8% | 16,865€ | +29.0% | -3,343€ | -19.8% | 1 | 735€ |
| 34 | Dog Style Medo03235882 · Podgorica | 0.8% | 16,447€ | +6.3% | 529€ | 3.2% | 1 | 1,282€ |
| 35 | Mato M03373819 · Rožaje | 0.8% | 16,370€ | +107.1% | 25€ | 0.2% | 1 | 1,300€ |
| 36 | Magic Holidays03283941 · Budva | 0.8% | 16,190€ | +87.3% | -6,327€ | -39.1% | 2 | 926€ |
| 37 | Micele03433277 · Bar | 0.7% | 15,248€ | +28.7% | 1,088€ | 7.1% | 1 | 902€ |
| 38 | Pelikan02293587 · Podgorica | 0.7% | 15,159€ | +11.9% | 415€ | 2.7% | 1 | 915€ |
| 39 | Major Canis03552543 · Tivat | 0.7% | 14,900€ | +82.5% | 435€ | 2.9% | 1 | 1,001€ |
| 40 | Ati-Mne03149072 · Budva | 0.6% | 12,936€ | +194.0% | 4,224€ | 32.7% | 1 | 494€ |
| 41 | Energija Života03580881 · Budva | 0.6% | 12,890€ | +213.6% | -2,112€ | -16.4% | 2 | 511€ |
| 42 | Haus Grooming03647617 · Podgorica | 0.6% | 12,540€ | +221.5% | -1,244€ | -9.9% | 1 | 941€ |
| 43 | Monte-Dogs03371417 · Bar | 0.6% | 11,582€ | +9.9% | 266€ | 2.3% | 1 | 677€ |
| 44 | Ivaluxe 5503288986 · Bar | 0.6% | 11,500€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 2,709€ | 23.6% | 2 | 339€ |
| 45 | Happy Paws-Grooming03254011 · Podgorica | 0.5% | 10,883€ | +60.6% | 195€ | 1.8% | 1 | 742€ |
| 46 | S.F. Team-Mne03531481 · Bar | 0.5% | 10,500€ | +10.5% | 1,964€ | 18.7% | 1 | 674€ |
| 47 | Dogylend Studio Mne03206211 · Podgorica | 0.5% | 9,872€ | +8.0% | 100€ | 1.0% | 1 | 678€ |
| 48 | Kravtsova Mastgroom03668649 · Bar | 0.5% | 9,748€ | +2,585.4% | -3,549€ | -36.4% | 1 | 677€ |
| 49 | Ramilja03490025 · Cetinje | 0.5% | 9,345€ | +23.4% | 937€ | 10.0% | 1 | 678€ |
| 50 | Glamping Centre03243583 · Budva | 0.5% | 9,320€ | +368.3% | -2,747€ | -29.5% | 1 | 678€ |