Real estate companies in Montenegro ranked by revenue 2021. This 2021 ranking uses public financial statements and the published BizStats.me methodology and eligibility criteria.
Archived list for 2021, on the same criteria as the latest one. Latest list (2025)
Public financial statements processed by BizStats.me.
| # | Company | PIB | Share | |||
|---|---|---|---|---|---|---|
| 12020: rank 33 | M.V.E. Adriatika Real estate · Budva | 02456001Income statement (PDF) | 10,446,503€ | +3,279.1% | 1 | 10.8% |
| 22020: rank 1 | Limelight Center Real estate · Podgorica | 02436159Income statement (PDF) | 9,176,041€ | +25.6% | 5 | 9.5% |
| 32020: rank 3 | Capital Plaza Real estate · Podgorica | 02458691Income statement (PDF) | 4,526,563€ | +2.7% | 1 | 4.7% |
| 42020: rank 19 | Amma Resort Real estate · Podgorica | 03304337Income statement (PDF) | 3,857,991€ | +650.7% | 1 | 4.0% |
| 52020: rank 43 | Portonovi Resort Management Company Real estate · Herceg Novi | 03067637Income statement (PDF) | 3,304,901€ | +1,297.4% | 56 | 3.4% |
| 62020: rank 167 | CG Investment Real estate · Tivat | 02991837Income statement (PDF) | 3,033,683€ | +11,432.3% | 2 | 3.1% |
| 72020: rank 2 | Azmont Investments Real estate · Herceg Novi | 02893126Income statement (PDF) | 2,762,572€ | -55.9% | 31 | 2.9% |
| 82020: rank 12 | Mješovito Real estate · Herceg Novi | 02008190Income statement (PDF) | 2,310,683€ | +129.6% | 9 | 2.4% |
| 92020: rank 13 | Čelebić Rent Real estate · Podgorica | 02840359Income statement (PDF) | 2,249,535€ | +127.5% | 2 | 2.3% |
| 102020: rank 6 | Stratex Management Real estate · Budva | 02978229Income statement (PDF) | 2,216,981€ | +10.8% | 40 | 2.3% |
| 112020: rank 52 | NLB Real Estate Real estate · Podgorica | 03031756Income statement (PDF) | 1,938,939€ | +887.4% | 5 | 2.0% |
| 122020: rank 4 | Vilamonte Real estate · Podgorica | 02431262Income statement (PDF) | 1,859,761€ | -23.9% | 24 | 1.9% |
| 132020: rank 20 | Buil'd Real estate · Budva | 02850087Income statement (PDF) | 1,784,759€ | +283.4% | 10 | 1.8% |
| 142020: rank 8 | Alpmont Real estate · Herceg Novi | 02016389Income statement (PDF) | 1,624,273€ | +12.8% | 10 | 1.7% |
| 15Not in the top 200 in 2020. | PM 1.25 Real estate · Tivat | 03106926Income statement (PDF) | 1,522,095€ | +11,215.9% | 1 | 1.6% |
| 16Not in the top 200 in 2020. | Verde Village Real estate · Podgorica | 03316670Income statement (PDF) | 1,518,350€ | No meaningful percentage: the 2020 or current value is zero, negative, unknown or unreliable. | 1 | 1.6% |
| 172020: rank 7 | A Servis Real estate · Kotor | 02671417Income statement (PDF) | 1,514,150€ | -15.0% | 1 | 1.6% |
| 182020: rank 9 | Skijališta Crne Gore Real estate · Mojkovac | 03168816Income statement (PDF) | 1,401,772€ | -1.7% | 51 | 1.5% |
| 192020: rank 10 | Poslovno Logistički Centar Morača Real estate · Podgorica | 02026406Income statement (PDF) | 1,361,381€ | -1.7% | 14 | 1.4% |
| 20Not in the top 200 in 2020. | V.A.S. Invest Real estate · Budva | 02447711Income statement (PDF) | 1,236,589€ | +1,994,398.4% | 3 | 1.3% |
| 212020: rank 73 | Sila Real estate · Bar | 02644592Income statement (PDF) | 1,201,441€ | +977.9% | 1 | 1.2% |
| 22Not in the top 200 in 2020. | Semjuel Company Real estate · Budva | 02460106Income statement (PDF) | 966,751€ | +268,441.9% | 1 | 1.0% |
| 232020: rank 5 | Ib Invest Real estate · Podgorica | 03104141Income statement (PDF) | 951,147€ | -60.5% | 1 | 1.0% |
| 242020: rank 35 | Aits Real estate · Budva | 02681064Income statement (PDF) | 857,940€ | +196.0% | 1 | 0.9% |
| 25No filing for 2020. | Meer Real estate · Budva | 03375129Income statement (PDF) | 845,857€ | No filing for 2020. | 1 | 0.9% |
| 262020: rank 29 | CMM Real estate · Budva | 02742187Income statement (PDF) | 815,343€ | +143.8% | 30 | 0.8% |
| 272020: rank 16 | Tržni Centar Nikšić Real estate · Nikšić | 03032604Income statement (PDF) | 713,369€ | -12.6% | 20 | 0.7% |
| 282020: rank 14 | Tetracon Real estate · Bar | 03220362Income statement (PDF) | 704,050€ | -25.3% | 1 | 0.7% |
| 292020: rank 32 | Investamont Real estate · Herceg Novi | 02626683Income statement (PDF) | 624,638€ | +100.1% | 1 | 0.6% |
| 302020: rank 17 | Čelebić Invest Real estate · Podgorica | 02015927Income statement (PDF) | 609,693€ | -5.2% | 2 | 0.6% |
| 312020: rank 177 | MM Gradnja Komerc Real estate · Berane | 02952203Income statement (PDF) | 556,796€ | +2,186.5% | 6 | 0.6% |
| 32Not in the top 200 in 2020. | Montenegro Investment & Land Holdings Real estate · Tivat | 02451247Income statement (PDF) | 555,020€ | +3,512.7% | 1 | 0.6% |
| 332020: rank 66 | Vicant Company Real estate · Bar | 02674874Income statement (PDF) | 553,536€ | +333.1% | 2 | 0.6% |
| 342020: rank 59 | Radenko 2 Real estate · Budva | 02855399Income statement (PDF) | 539,493€ | +232.2% | 3 | 0.6% |
| 352020: rank 89 | Olive Coast Real estate · Herceg Novi | 03292606Income statement (PDF) | 496,598€ | +622.0% | 1 | 0.5% |
| 362020: rank 109 | MG Inovation Real estate · Budva | 03108384Income statement (PDF) | 489,151€ | +841.0% | 5 | 0.5% |
| 372020: rank 31 | C - Vračar Real estate · Herceg Novi | 02008408Income statement (PDF) | 469,452€ | +45.2% | 1 | 0.5% |
| 382020: rank 49 | Turistički Centar Durmitor Real estate · Žabljak | 02959798Income statement (PDF) | 430,858€ | +109.0% | 18 | 0.4% |
| 392020: rank 24 | Farmarent Real estate · Podgorica | 02997649Income statement (PDF) | 405,857€ | -1.6% | 1 | 0.4% |
| 402020: rank 22 | Aps Kapital Real estate · Podgorica | 03011666Income statement (PDF) | 366,523€ | -14.0% | 1 | 0.4% |
| 41Not in the top 200 in 2020. | Ekomont Invest Real estate · Kotor | 03064450Income statement (PDF) | 351,821€ | +7,454.7% | 1 | 0.4% |
| 422020: rank 21 | V&V Investment Group Real estate · Budva | 02005344Income statement (PDF) | 350,750€ | -18.4% | 5 | 0.4% |
| 43Not in the top 200 in 2020. | Virgin Planet Real estate · Tivat | 03012484Income statement (PDF) | 348,489€ | +17,424,350.0% | 1 | 0.4% |
| 442020: rank 34 | TCZ Real estate · Podgorica | 03099148Income statement (PDF) | 333,411€ | +8.9% | 1 | 0.3% |
| 45Not in the top 200 in 2020. | MCMX Group Real estate · Budva | 03329585Income statement (PDF) | 324,329€ | +7,762.5% | 1 | 0.3% |
| 462020: rank 54 | Akvila Real estate · Podgorica | 03109976Income statement (PDF) | 311,126€ | +64.4% | 5 | 0.3% |
| 472020: rank 38 | Akademija Znanja Real estate · Budva | 02764121Income statement (PDF) | 308,380€ | +19.9% | 14 | 0.3% |
| 48Not in the top 200 in 2020. | Esplanada Real estate · Podgorica | 02757893Income statement (PDF) | 301,240€ | +11,384.6% | 1 | 0.3% |
| 492020: rank 18 | Reliable Real Estate Montenegro Real estate · Podgorica | 02902389Income statement (PDF) | 300,001€ | -45.5% | 1 | 0.3% |
| 502020: rank 53 | Keywork Estate Real estate · Podgorica | 03177335Income statement (PDF) | 297,156€ | +56.0% | 2 | 0.3% |
Showing 1–50 · top 50 of 1,058 companies
This ranking contains 50 records for 2021, ordered by revenue after applying data-quality eligibility rules.
The leading record is D.O.O. ZA TURIZAM, TRGOVINU I USLUGE, EXPORT- IMPORT "M.V.E. ADRIATIKA" - BUDVA; placement is determined by revenue, never by payment.
The source, coverage, minimum thresholds and ranking rules are documented in the public methodology. Methodology