Revenue
8.8% of sector revenue
592 companies earned 20.26m€ in 2025, 8.8% of Real estate sector revenue. Revenue has grown 2.8× since 2015.
8.8% of sector revenue
408 with at most one employee
Largest employer: CMM (42)
Median company -12.2% · 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 51–100 of 592
* 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 1 sole proprietor: 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 | 7,178,667€ | 282 |
| 2016 | 15,113,303€ | 270 |
| 2017 | 6,385,419€ | 271 |
| 2018 | 7,151,355€ | 302 |
| 2019 | 7,500,293€ | 350 |
| 2020 | 4,731,640€ | 364 |
| 2021 | 21,001,356€ | 384 |
| 2022 | 16,125,025€ | 467 |
| 2023 | 19,754,577€ | 533 |
| 2024 | 16,799,695€ | 598 |
| 2025 (Preliminary) | 20,258,269€ | 592 |
0.4% |
| 74,024€ |
| +27.4% |
| 3,397€ |
| 4.6% |
| 3 |
| 1,187€ |
| 53 | Luxury Adriatic03374661 · Tivat | 0.3% | 68,284€ | +121.2% | 13,864€ | 20.3% | 3 | 688€ |
| 54 | Forte Mare02647184 · Herceg Novi | 0.3% | 68,223€ | +179.2% | -3,376€ | -4.9% | 4 | 673€ |
| 55 | Master Real Estate03370658 · Podgorica | 0.3% | 67,815€ | +180.6% | 21,672€ | 32.0% | 3 | 800€ |
| 56 | Valdan02436469 · Budva | 0.3% | 64,893€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -31,515€ | -48.6% | 2 | 809€ |
| 57 | JLV Invest03698866 · Budva | 0.3% | 64,276€ | +252.9% | 1,719€ | 2.7% | 1 | 2,630€ |
| 58 | Property HN03481476 · Herceg Novi | 0.3% | 63,859€ | -29.1% | 6,726€ | 10.5% | 1 | 677€ |
| 59 | 3 BRD Consulting03078540 · Budva | 0.3% | 62,667€ | +366.2% | 10,225€ | 16.3% | 2 | 1,001€ |
| 60 | Did Nekretnine03664040 · Podgorica | 0.3% | 61,374€ | +97.3% | 17,695€ | 28.8% | 1 | 3,145€ |
| 61 | Global Mont Investment02674246 · Budva | 0.3% | 60,509€ | +258.0% | 1,761€ | 2.9% | 1 | 354€ |
| 62 | Premium Group03345734 · Podgorica | 0.3% | 59,948€ | +48.0% | 2,240€ | 3.7% | 3 | 1,168€ |
| 63 | Inter Nos02629909 · Herceg Novi | 0.3% | 57,643€ | +256.1% | 22,568€ | 39.2% | 2 | 677€ |
| 64 | Nekretnine Ul03431975 · Ulcinj | 0.3% | 57,039€ | -28.3% | 47€ | 0.1% | 3 | 472€ |
| 65 | STP Partners03351769 · Podgorica | 0.3% | 54,328€ | +34.2% | 8,092€ | 14.9% | 2 | 689€ |
| 66 | Dolce Montenegro03213455 · Budva | 0.3% | 53,960€ | +91.2% | 25,288€ | 46.9% | 1 | 615€ |
| 67 | Status Luxury03630463 · Budva | 0.3% | 52,876€ | +666.3% | 23,084€ | 43.7% | 1 | 675€ |
| 68 | Sunčana Planina02442795 · Kotor | 0.3% | 51,957€ | -0.6% | 0€ | 0.0% | 2 | 375€ |
| 69 | Larisa Co02689189 · Budva | 0.3% | 50,818€ | +13.5% | 31,699€ | 62.4% | 1 | — |
| 70 | Rivijera02428563 · Herceg Novi | 0.2% | 50,513€ | -34.8% | -14,433€ | -28.6% | 5 | 736€ |
| 71 | Mont-Real02444739 · Budva | 0.2% | 50,075€ | -9.3% | 9,400€ | 18.8% | 2 | 1,167€ |
| 72 | Hill Homes Montenegro03542491 · Zeta | 0.2% | 50,000€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 8,098€ | 16.2% | 1 | 1,612€ |
| 73 | Whiteline Group03453219 · Budva | 0.2% | 49,769€ | -34.1% | -11,293€ | -22.7% | 1 | 995€ |
| 74 | Montesa Group02952874 · Budva | 0.2% | 48,964€ | +74.0% | 4,003€ | 8.2% | 2 | 730€ |
| 75 | Sas Construction02648121 · Podgorica | 0.2% | 47,971€ | +12.9% | -7,896€ | -16.5% | 2 | 819€ |
| 76 | Horizon Group03310736 · Budva | 0.2% | 47,856€ | +3,914.8% | 38,523€ | 80.5% | 1 | 306€ |
| 77 | Tribunus03551806 · Tivat | 0.2% | 47,545€ | +419.1% | -1,422€ | -3.0% | 1 | 1,030€ |
| 78 | Tradegoria02944367 · Bar | 0.2% | 42,701€ | +123.4% | 10,203€ | 23.9% | 3 | 577€ |
| 79 | A Property Montenegro03528294 · Kotor | 0.2% | 41,707€ | +530.8% | 16,236€ | 38.9% | 1 | 1,265€ |
| 80 | MY Place Real Estate and Consulting03363627 · Podgorica | 0.2% | 40,915€ | +414.8% | 12,321€ | 30.1% | 1 | 707€ |
| 81 | Sel Company03037061 · Budva | 0.2% | 39,241€ | -60.0% | -12,389€ | -31.6% | 5 | 516€ |
| 82 | Solea Homes03747417 · Tivat | 0.2% | 37,000€ | No filing for 2024. | 23,062€ | 62.3% | 1 | 378€ |
| 83 | Kinpro Mne03662306 · Podgorica | 0.2% | 36,601€ | +7,220.2% | -3,594€ | -9.8% | 1 | 678€ |
| 84 | Seven Real Estate03180166 · Budva | 0.2% | 36,305€ | +27.1% | -16,819€ | -46.3% | 4 | 735€ |
| 85 | Vanmatterhorn03519619 · Budva | 0.2% | 36,059€ | -52.6% | 6,279€ | 17.4% | 1 | 941€ |
| 86 | Adria Stone02890429 · Budva | 0.2% | 35,545€ | -25.7% | -35,283€ | -99.3% | 4 | 928€ |
| 87 | Balsa Real Estate03699692 · Herceg Novi | 0.2% | 35,100€ | +869.6% | -11,412€ | -32.5% | 1 | 3,569€ |
| 88 | Diocleia Real Estate Partners03217116 · Podgorica | 0.2% | 34,958€ | -62.6% | -31,588€ | -90.4% | 3 | 690€ |
| 89 | Taluma Montenegro03300811 · Podgorica | 0.2% | 34,493€ | +154.2% | 765€ | 2.2% | 5 | 386€ |
| 90 | Topla MN Company03655962 · Herceg Novi | 0.2% | 34,206€ | +312.1% | 12,264€ | 35.9% | 2 | 724€ |
| 91 | Iriska Montenegro03587983 · Bar | 0.2% | 33,860€ | +1,028.7% | 14,677€ | 43.3% | 1 | 1,387€ |
| 92 | Bid03605698 · Podgorica | 0.2% | 32,743€ | +25.8% | 2,551€ | 7.8% | 1 | 2,331€ |
| 93 | Diem Nekretnine03404358 · Bar | 0.2% | 32,577€ | +105.3% | 1,453€ | 4.5% | 2 | 959€ |
| 94 | Bigovo Development02646510 · Podgorica | 0.2% | 32,000€ | -34.6% | -49,235€ | -153.9% | 2 | 444€ |
| 95 | Dom Home03120023 · Podgorica | 0.2% | 31,936€ | +33.5% | 940€ | 2.9% | 1 | 663€ |
| 96 | Primo Capital03241483 · Podgorica | 0.2% | 31,851€ | +150.6% | 3,939€ | 12.4% | 2 | 1,060€ |
| 97 | Amfora Real Estate03182398 · Budva | 0.2% | 31,522€ | -37.2% | -56,022€ | -177.7% | 4 | 850€ |
| 98 | Remington Realty03586278 · Podgorica | 0.2% | 30,788€ | -22.1% | -106,104€ | -344.6% | 3 | 2,048€ |
| 99 | Domus Nekretnine03241599 · Podgorica | 0.1% | 30,059€ | +33.7% | 926€ | 3.1% | 2 | 944€ |
| 100 | Altkin Services Limited02642395 · Tivat | 0.1% | 30,000€ | 0.0% | 3,677€ | 12.3% | 1 | 927€ |