Revenue
26.81m€2.1× since 2015
11.7% of sector revenue
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 51–100 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 |
0.2% |
| 48,113€ |
| +1,939.6% |
| -1,778,774€ |
| Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. |
| 1 |
| — |
| 53 | Montenegro Genesis03401766 · Kotor | 0.2% | 45,009€ | +92.4% | 3,556€ | 7.9% | 3 | 662€ |
| 54 | Montenor02446278 · Budva | 0.1% | 40,000€ | +192.2% | 20,543€ | 51.4% | 1 | 677€ |
| 55 | Bae Investments03647102 · Podgorica | 0.1% | 32,291€ | +151.0% | 2,214€ | 6.9% | 1 | 677€ |
| 56 | South Kross Company03128989 · Herceg Novi | 0.1% | 30,729€ | +50.8% | -58,585€ | -190.7% | 1 | 2,075€ |
| 57 | JB Concept Habitat Mne03286584 · Herceg Novi | 0.1% | 28,993€ | -59.6% | -37,803€ | -130.4% | 2 | 1,116€ |
| 58 | Rivana - Com03675912 · Nikšić | <0.1% | 26,239€ | No filing for 2024. | -9,888€ | -37.7% | 3 | 423€ |
| 59 | GPN Gradnja03327353 · Tivat | <0.1% | 23,359€ | -9.5% | 18,651€ | 79.8% | 1 | 384€ |
| 60 | First Real Estate Management 303327744 · Podgorica | <0.1% | 23,112€ | +21.9% | -978€ | -4.2% | 1 | 837€ |
| 61 | Vila Two03318028 · Podgorica | <0.1% | 22,942€ | +59.9% | -247,169€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 311€ |
| 62 | Pop Mne03785378 · Zeta | <0.1% | 22,300€ | No filing for 2024. | 5,529€ | 24.8% | 1 | 867€ |
| 63 | Adria Developments02636301 · Herceg Novi | <0.1% | 22,299€ | -0.1% | -120,304€ | -539.5% | 1 | 1,722€ |
| 64 | Castello Petrovac02985381 · Budva | <0.1% | 21,775€ | -7.9% | -28,690€ | -131.8% | 1 | 677€ |
| 65 | First Realty03433099 · Herceg Novi | <0.1% | 21,645€ | +37.0% | -1,984€ | -9.2% | 2 | 753€ |
| 66 | Monte Leone03573273 · Tivat | <0.1% | 21,209€ | -76.6% | -33,174€ | -156.4% | 1 | 3,071€ |
| 67 | Eliale03755592 · Podgorica | <0.1% | 21,204€ | No filing for 2024. | 18,857€ | 88.9% | 1 | — |
| 68 | Produkcija02715180 · Podgorica | <0.1% | 20,625€ | +5.5% | 661€ | 3.2% | 1 | 677€ |
| 69 | Maremont Real Estate & Construction03524388 · Budva | <0.1% | 20,368€ | -12.5% | -55,298€ | -271.5% | 4 | 1,023€ |
| 70 | Orien03218848 · Podgorica | <0.1% | 19,853€ | +33.5% | -324€ | -1.6% | 1 | 1,550€ |
| 71 | A-Venue Agency03413861 · Budva | <0.1% | 19,500€ | +20.2% | -3,800€ | -19.5% | 2 | 872€ |
| 72 | A.P. Montegroup03149862 · Budva | <0.1% | 17,780€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -3,023€ | -17.0% | 1 | 675€ |
| 73 | Juliya Life03333647 · Budva | <0.1% | 17,274€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,985€ | -17.3% | 2 | 802€ |
| 74 | Marie Chipper03283127 · Podgorica | <0.1% | 16,583€ | -1.4% | -10,465€ | -63.1% | 1 | 339€ |
| 75 | Cmi03291863 · Podgorica | <0.1% | 16,512€ | +15.9% | -173,594€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 311€ |
| 76 | Knezlaz02770377 · Kotor | <0.1% | 16,000€ | +207.8% | -2,117€ | -13.2% | 2 | 678€ |
| 77 | E-Bau Mne03527115 · Ulcinj | <0.1% | 15,531€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,811€ | -56.7% | 1 | 678€ |
| 78 | Coastal03384853 · Tivat | <0.1% | 15,246€ | -86.1% | -7,331€ | -48.1% | 1 | 932€ |
| 79 | ST - Monteru02677920 · Podgorica | <0.1% | 15,153€ | -21.2% | -40,150€ | -265.0% | 1 | 1,268€ |
| 80 | Lidl Crna Gora03348202 · Podgorica | <0.1% | 14,909€ | +1,357.4% | -984,708€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 10 | 4,986€ |
| 81 | MG Inovation03108384 · Budva | <0.1% | 14,050€ | -86.7% | -52,786€ | -375.7% | 3 | 478€ |
| 82 | Form & Space03501566 · Kolašin | <0.1% | 13,693€ | +584.7% | -27,493€ | -200.8% | 4 | 799€ |
| 83 | Domicile Realty Montenegro03323986 · Podgorica | <0.1% | 13,200€ | No filing for 2024. | -36,573€ | -277.1% | 1 | — |
| 84 | CSP One03532666 · Budva | <0.1% | 12,809€ | +6.5% | -10,684€ | -83.4% | 2 | — |
| 85 | Gilia Investments03689760 · Podgorica | <0.1% | 11,200€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -60,175€ | -537.3% | 1 | 910€ |
| 86 | GM Corp.02443660 · Herceg Novi | <0.1% | 10,070€ | -39.9% | -2,560€ | -25.4% | 1 | 508€ |
| 87 | First Real Estate Management 103154017 · Podgorica | <0.1% | 10,000€ | +257.1% | -9,656€ | -96.6% | 1 | — |
| 88 | Spiritus Loci03466825 · Podgorica | <0.1% | 9,643€ | +3,093.0% | -52,116€ | -540.5% | 2 | 688€ |
| 89 | Illyria Development Group02460858 · Podgorica | <0.1% | 9,527€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -23,371€ | -245.3% | 1 | 1,228€ |
| 90 | Pure Development03401774 · Podgorica | <0.1% | 9,335€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -13,575€ | -145.4% | 1 | 681€ |
| 91 | STD03524230 · Tivat | <0.1% | 9,250€ | -38.6% | 759€ | 8.2% | 1 | — |
| 92 | I.B.Company03018890 · Budva | <0.1% | 9,225€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 4,663€ | 50.5% | 1 | 338€ |
| 93 | Belanna03425185 · Budva | <0.1% | 8,596€ | +340.8% | -3,063€ | -35.6% | 1 | 951€ |
| 94 | Ofir02840260 · Kotor | <0.1% | 8,240€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 3,279€ | 39.8% | 1 | 339€ |
| 95 | Impre'lite International03453618 · Tivat | <0.1% | 8,000€ | +66.7% | -5,373€ | -67.2% | 1 | 926€ |
| 96 | Av Organization03408922 · Budva | <0.1% | 7,500€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -6,797€ | -90.6% | 1 | 924€ |
| 97 | Bonaca02420660 · Podgorica | <0.1% | 7,391€ | -27.2% | -19,858€ | -268.7% | 1 | 339€ |
| 98 | Taus03661229 · Herceg Novi | <0.1% | 7,366€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,907€ | -39.5% | 1 | 735€ |
| 99 | Drezden02694867 · Budva | <0.1% | 7,356€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,455€ | -114.9% | 1 | 670€ |
| 100 | Land Progres Invest02949741 · Herceg Novi | <0.1% | 7,300€ | +421.4% | -25,403€ | -348.0% | 4 | 508€ |