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 101–150 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 |
0.1% |
| 29,670€ |
| -0.2% |
| -188€ |
| -0.6% |
| 4 |
| 605€ |
| 103 | Multitask Nekretnine03286932 · Podgorica | 0.1% | 29,490€ | +15.4% | 818€ | 2.8% | 2 | 644€ |
| 104 | Invest Montenegro & Co03174085 · Budva | 0.1% | 29,421€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 808€ | 2.7% | 2 | 1,102€ |
| 105 | Happy Montenegro03263886 · Herceg Novi | 0.1% | 28,750€ | +187.5% | 15,654€ | 54.4% | 1 | 831€ |
| 106 | Sveti Stefan - Real Estate02365707 · Budva | 0.1% | 28,222€ | -28.7% | -6,302€ | -22.3% | 2 | 621€ |
| 107 | Most Nekretnine02887568 · Podgorica | 0.1% | 27,680€ | +23.3% | 3,634€ | 13.1% | 2 | 598€ |
| 108 | Prestige Real Estate03632075 · Podgorica | 0.1% | 26,500€ | +165.0% | 9,032€ | 34.1% | 2 | 678€ |
| 109 | Lutovac - Info02842408 · Herceg Novi | 0.1% | 26,496€ | -7.5% | 102€ | 0.4% | 2 | 1,014€ |
| 110 | Stefani Home03737268 · Tivat | 0.1% | 26,039€ | No filing for 2024. | 258€ | 1.0% | 2 | 1,015€ |
| 111 | Kvart Real Estate03493377 · Podgorica | 0.1% | 25,497€ | +65.2% | 4,570€ | 17.9% | 1 | 1,323€ |
| 112 | Gold Lift Investment03410757 · Bar | 0.1% | 25,416€ | +14.0% | -3,163€ | -12.4% | 1 | 451€ |
| 113 | Realty Hub03491838 · Bar | 0.1% | 24,978€ | +254.9% | 14,192€ | 56.8% | 1 | 674€ |
| 114 | Pisco Exclusive03493890 · Podgorica | 0.1% | 24,872€ | +124.1% | 6,156€ | 24.8% | 0 | — |
| 115 | Bijeli Slon02719673 · Podgorica | 0.1% | 24,831€ | +255.5% | -20,617€ | -83.0% | 2 | 997€ |
| 116 | Mega Real Estate03642569 · Bar | 0.1% | 24,700€ | -30.0% | -712€ | -2.9% | 1 | 1,922€ |
| 117 | PG Nekretnine03696235 · Podgorica | 0.1% | 24,108€ | +962.0% | 5,151€ | 21.4% | 1 | 1,433€ |
| 118 | LB Agency Services03500250 · Tivat | 0.1% | 23,453€ | -94.0% | -75,687€ | -322.7% | 2 | 1,403€ |
| 119 | Megapolis02680360 · Budva | 0.1% | 23,285€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 13,453€ | 57.8% | 1 | 670€ |
| 120 | Pisco Real Estate03288927 · Podgorica | 0.1% | 23,278€ | -18.1% | 4,953€ | 21.3% | 0 | — |
| 121 | Montenegro Intel City03494322 · Budva | 0.1% | 22,824€ | +239.5% | 7,513€ | 32.9% | 1 | 1,125€ |
| 122 | TS Industry Group03384179 · Budva | 0.1% | 21,900€ | +14.1% | -30,024€ | -137.1% | 1 | 832€ |
| 123 | Luxuria Montenegro03649091 · Podgorica | 0.1% | 21,800€ | +85.5% | 2,589€ | 11.9% | 2 | 691€ |
| 124 | Pronova02310082 · Podgorica | 0.1% | 20,787€ | -64.1% | 1,037€ | 5.0% | 1 | 929€ |
| 125 | P&G Real Estate03381374 · Podgorica | 0.1% | 20,700€ | +11.9% | -35,620€ | -172.1% | 5 | 884€ |
| 126 | New Life Consultancy03394751 · Tivat | 0.1% | 20,627€ | -28.9% | -3,453€ | -16.7% | 1 | 884€ |
| 127 | Montenegro-Dom02806169 · Herceg Novi | 0.1% | 20,310€ | -12.0% | 372€ | 1.8% | 4 | 407€ |
| 128 | Mogren Estate03625737 · Budva | <0.1% | 20,105€ | +19.6% | -7,173€ | -35.7% | 2 | 360€ |
| 129 | Montenegro Properties-MP02868750 · Bar | <0.1% | 19,969€ | -37.6% | -6,395€ | -32.0% | 1 | 951€ |
| 130 | Best Deal Real Estate03716945 · Bar | <0.1% | 19,793€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 143€ | 0.7% | 2 | 805€ |
| 131 | Egzistencija03216349 · Nikšić | <0.1% | 19,439€ | +5.6% | 1,196€ | 6.2% | 2 | 736€ |
| 132 | Kvadratura03247457 · Podgorica | <0.1% | 19,320€ | +112.3% | 1,520€ | 7.9% | 3 | 487€ |
| 133 | Omega Group03648079 · Budva | <0.1% | 18,850€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,590€ | -13.7% | 1 | 678€ |
| 134 | Real Estate Azzura03620352 · Bar | <0.1% | 18,321€ | -13.6% | 548€ | 3.0% | 2 | 669€ |
| 135 | RLC Montenegro Re Events & Consulting Company02778289 · Podgorica | <0.1% | 18,139€ | -49.8% | 459€ | 2.5% | 1 | 1,232€ |
| 136 | Nuovi Libri02785854 · Podgorica | <0.1% | 17,980€ | +190.0% | 4,445€ | 24.7% | 1 | 1,110€ |
| 137 | Epic Home Group03276562 · Podgorica | <0.1% | 17,940€ | -22.7% | 2,458€ | 13.7% | 1 | 1,228€ |
| 138 | Gate Realty03588670 · Budva | <0.1% | 17,854€ | +15.9% | -8,431€ | -47.2% | 3 | 687€ |
| 139 | Podgorica Nekretnine03079325 · Podgorica | <0.1% | 17,810€ | -34.7% | -4,596€ | -25.8% | 2 | 929€ |
| 140 | Terrion03716511 · Bijelo Polje | <0.1% | 17,586€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 9,687€ | 55.1% | 1 | — |
| 141 | Stepmonte03666131 · Budva | <0.1% | 17,575€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 11,151€ | 63.4% | 1 | 357€ |
| 142 | Victus03520471 · Budva | <0.1% | 17,086€ | -13.7% | 3,687€ | 21.6% | 1 | 711€ |
| 143 | Aleskaniya Realty03451046 · Tivat | <0.1% | 17,061€ | +151.6% | -27,289€ | -159.9% | 4 | 760€ |
| 144 | Agencija 10802915669 · Podgorica | <0.1% | 16,877€ | -44.8% | -8,945€ | -53.0% | 3 | 602€ |
| 145 | Coss Montenegro03673057 · Podgorica | <0.1% | 16,395€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 807€ | 4.9% | 2 | 646€ |
| 146 | Work Hub Montenegro03354121 · Podgorica | <0.1% | 16,114€ | -37.9% | 3,854€ | 23.9% | 2 | 376€ |
| 147 | Planet Montenegro02639726 · Kotor | <0.1% | 16,007€ | -4.9% | -1,377€ | -8.6% | 1 | 956€ |
| 148 | Vector Estate Montenegro03460991 · Budva | <0.1% | 15,980€ | +610.2% | 369€ | 2.3% | 1 | 926€ |
| 149 | Domus Izdavanje03726690 · Podgorica | <0.1% | 15,550€ | No filing for 2024. | 2,455€ | 15.8% | 1 | 854€ |
| 150 | Kodeks Nekretnine03645061 · Podgorica | <0.1% | 15,472€ | +74.5% | 7,141€ | 46.2% | 1 | 678€ |