Revenue
26.81m€2.1× since 2015
11.7% of sector revenue
Čelebić Invest02015927 · Podgorica
1.5%
333 companies earned 26.81m€ in 2025, 11.7% of Real estate sector revenue. Revenue has grown 2.1× since 2015.
11.7% of sector revenue
261 with at most one employee
Largest employer: Lidl Crna Gora (10)
Median company -63.1% · 14% 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 333
* 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 →
Profit excludes 2 filings with an implausible profit.
Totals include 2 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 | 12,854,489€ | 174 |
| 2016 | 13,310,401€ | 169 |
| 2017 | 24,979,254€ | 186 |
| 2018 | 17,082,481€ | 218 |
| 2019 | 10,378,758€ | 239 |
| 2020 | 7,172,405€ | 249 |
| 2021 | 12,219,249€ | 260 |
| 2022 | 22,132,879€ | 284 |
| 2023 | 27,946,198€ | 307 |
| 2024 | 22,842,700€ | 333 |
| 2025 (Preliminary) | 26,811,206€ | 333 |
18.3% |
| 4,917,207€ |
| -29.1% |
| -46,671€ |
| -0.9% |
| 1 |
| 465€ |
| 3 | Premium Business Montenegro03554716 · Podgorica | 5.7% | 1,519,687€ | -29.2% | -75,871€ | -5.0% | 7 | 4,835€ |
| 4 | Montenegro Investment & Land Holdings02451247 · Tivat | 5.6% | 1,505,565€ | +75,278,150.0% | 295,009€ | 19.6% | 1 | 464€ |
| 5 | Buil'd02850087 · Budva | 5.3% | 1,427,041€ | -10.7% | 234,122€ | 16.4% | 7 | 900€ |
| 6 | Ak Investments03520757 · Podgorica | 5.0% | 1,346,733€ | +348.9% | 271,920€ | 20.2% | 1 | 678€ |
| 7 | Confido Company03265846 · Tivat | 3.8% | 1,020,000€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 848,526€ | 83.2% | 1 | 1,243€ |
| 8 | Kotor 103604438 · Podgorica | 2.2% | 602,522€ | +9.7% | -39,442€ | -6.5% | 1 | 393€ |
| 9 | Mont Lux Real Estate03191966 · Budva | 1.9% | 505,230€ | +9.3% | 433,785€ | 85.9% | 1 | — |
| 10 | Selev02660318 | 1.8% | 489,922€ | +1,124.3% | -106,652€ | -21.8% | 4 | 424€ |
| 11 | Montenegro Land Office03246043 · Budva | 1.7% | 456,808€ | +878,376.9% | 220,682€ | 48.3% | 2 | 2,357€ |
| 12 | Forrus02700468 · Tivat | 1.6% | 422,529€ | +40.8% | 4,734€ | 1.1% | 1 | 943€ |
| 13 | Aps Kapital03011666 · Podgorica | 1.6% | 421,754€ | +74.8% | 112,675€ | 26.7% | 1 | 2,594€ |
| 14 | Čelebić Invest02015927 · Podgorica | 1.5% | 413,247€ | -2.6% | 206,211€ | 49.9% | 2 | 2,670€ |
| 15 | Kuč Handel03596567 · Podgorica | 1.5% | 392,502€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 75,933€ | 19.3% | 1 | — |
| 16 | Sasa Capital03287025 · Podgorica | 1.4% | 387,841€ | -38.7% | -21,913€ | -5.6% | 4 | 2,236€ |
| 17 | Lemark03697690 · Budva | 1.3% | 351,980€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -28,724€ | -8.2% | 1 | 680€ |
| 18 | Ekomont Invest03064450 · Kotor | 1.3% | 347,204€ | +169.5% | -20,266€ | -5.8% | 2 | 584€ |
| 19 | Catalonia02421518 · Herceg Novi | 1.1% | 300,889€ | +249.4% | 146,578€ | 48.7% | 2 | 465€ |
| 20 | Spim M03218066 · Podgorica | 1.0% | 270,796€ | +27.2% | 81,737€ | 30.2% | 1 | 2,453€ |
| 21 | Iso Building02969513 · Tivat | 0.9% | 248,448€ | +0.5% | 141,571€ | 57.0% | 2 | 675€ |
| 22 | Bigova Bay02462893 · Kotor | 0.9% | 246,207€ | -44.9% | -321,806€ | -130.7% | 1 | 5,542€ |
| 23 | Reliable Real Estate Montenegro02902389 · Podgorica | 0.9% | 240,105€ | +0.0% | 57,694€ | 24.0% | 1 | 689€ |
| 24 | Dalmont Construction03458598 · Danilovgrad | 0.9% | 237,220€ | +294.7% | 21,867€ | 9.2% | 1 | 929€ |
| 25 | Montpro02856808 · Podgorica | 0.8% | 227,780€ | -6.7% | 45,837€ | 20.1% | 1 | 2,659€ |
| 26 | Adriastar Mne02621550 · Herceg Novi | 0.8% | 218,005€ | +3.3% | 7,636€ | 3.5% | 2 | 3,143€ |
| 27 | Black Dolphin03747875 · Herceg Novi | 0.6% | 159,098€ | No filing for 2024. | 53,057€ | 33.3% | 1 | 3,943€ |
| 28 | Montenegro Investment Services02671620 · Kotor | 0.6% | 153,488€ | -41.2% | 1,598€ | 1.0% | 4 | 1,309€ |
| 29 | 42 North02945266 · Tivat | 0.6% | 151,280€ | +4.0% | 20,854€ | 13.8% | 1 | 677€ |
| 30 | Mayor Investments03065987 · Podgorica | 0.5% | 134,327€ | +0.1% | 75,248€ | 56.0% | 1 | 1,271€ |
| 31 | Ready Live Faster03263991 · Podgorica | 0.5% | 130,001€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 103,185€ | 79.4% | 1 | 1,103€ |
| 32 | Tivavilla03479463 · Tivat | 0.4% | 105,000€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,383€ | -2.3% | 1 | — |
| 33 | Kvorum03318753 · Podgorica | 0.4% | 96,679€ | -89.4% | -217,454€ | -224.9% | 2 | 457€ |
| 34 | Montecristo02435497 · Herceg Novi | 0.4% | 96,142€ | -21.0% | -5,817€ | -6.1% | 3 | 785€ |
| 35 | Av Properties02446260 · Podgorica | 0.4% | 96,013€ | +58.6% | 84,095€ | 87.6% | 1 | — |
| 36 | Dossanegro03638022 · Podgorica | 0.3% | 83,653€ | +148.8% | 27,530€ | 32.9% | 1 | 677€ |
| 37 | Aits02681064 · Budva | 0.3% | 83,641€ | -73.3% | 1,997€ | 2.4% | 2 | 893€ |
| 38 | Esse Technology03633381 · Podgorica | 0.3% | 78,663€ | +146.2% | 23,354€ | 29.7% | 1 | — |
| 39 | Montenegro Shores Property02468999 · Budva | 0.3% | 78,363€ | +930.4% | 63,735€ | 81.3% | 1 | 450€ |
| 40 | Ece03633136 · Podgorica | 0.3% | 78,005€ | +172.7% | 25,202€ | 32.3% | 1 | 925€ |
| 41 | Kvad Consulting03491358 · Tivat | 0.3% | 70,650€ | +9.8% | -8,155€ | -11.5% | 1 | 678€ |
| 42 | Greencat03204324 · Bar | 0.3% | 69,364€ | +14.0% | -2,443€ | -3.5% | 1 | 677€ |
| 43 | Venta Digital Marketing03636712 · Podgorica | 0.3% | 67,799€ | +202.1% | 32,633€ | 48.1% | 1 | 677€ |
| 44 | Bolton Management Montenegro02678683 · Budva | 0.2% | 62,727€ | +26.3% | -81,486€ | -129.9% | 4 | 718€ |
| 45 | Balance Life Management03705188 · Podgorica | 0.2% | 60,889€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -20,168€ | -33.1% | 2 | 3,313€ |
| 46 | First Assets Management02850419 · Podgorica | 0.2% | 60,564€ | +565.5% | -1,704€ | -2.8% | 1 | — |
| 47 | Progres Mne02813262 · Herceg Novi | 0.2% | 55,017€ | -35.1% | -142,837€ | -259.6% | 2 | 393€ |
| 48 | Area Group03372855 · Herceg Novi | 0.2% | 52,692€ | +44.2% | -29,450€ | -55.9% | 2 | 597€ |
| 49 | Mont Investment02882400 · Bijelo Polje | 0.2% | 50,955€ | +3.0% | 17,508€ | 34.4% | 1 | 851€ |
| 50 | Aooo03185923 · Herceg Novi | 0.2% | 49,143€ | +719.7% | 13,514€ | 27.5% | 1 | — |