Revenue
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 201–250 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 |
0.0% |
| 0€ |
| No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. |
| -39,009€ |
| — |
| 1 |
| 428€ |
| 203 | Karpay Developments LLC03155153 · Tivat | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,080€ | — | 1 | — |
| 204 | Lilimont02450143 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,631€ | — | 1 | — |
| 205 | Limitless Group03710165 · Bijelo Polje | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,062€ | — | 1 | — |
| 206 | LP Living03780384 · Bar | 0.0% | 0€ | No filing for 2024. | -1,738€ | — | 1 | — |
| 207 | Luka Toni Mne03688569 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -6,432€ | — | 2 | — |
| 208 | Lutovac Nekretnine03259145 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,387€ | — | 1 | 675€ |
| 209 | Lux Projects03792706 · Bar | 0.0% | 0€ | No filing for 2024. | -500€ | — | 1 | — |
| 210 | Mare E Oliva03575128 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -5,635€ | — | 1 | 425€ |
| 211 | Maris Spatium03630587 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -10,762€ | — | 1 | 527€ |
| 212 | Meedar Montenegro03160033 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,151€ | — | 1 | 922€ |
| 213 | Merlinn02807726 · Tivat | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,207€ | — | 1 | 338€ |
| 214 | MJM Group03762424 · Kolašin | 0.0% | 0€ | No filing for 2024. | -4,119€ | — | 1 | — |
| 215 | ML Chalet LLC03610055 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,787€ | — | 1 | 425€ |
| 216 | Mne Chock Di03474399 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,125€ | — | 1 | 678€ |
| 217 | Modissimo Group03702707 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -12,472€ | — | 2 | 517€ |
| 218 | Montenegro Real Estate Investments02651386 · Podgorica | 0.0% | 0€ | -100.0% | -18,840€ | — | 1 | 1,397€ |
| 219 | Montenegro Resort Development03041441 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -1,701€ | — | 1 | — |
| 220 | Monte Oli03578674 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,975€ | — | 1 | 919€ |
| 221 | Movimento03239187 · Podgorica | 0.0% | 0€ | -100.0% | 0€ | — | — | — |
| 222 | Northern Land03489850 · Tivat | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,532€ | — | 1 | 678€ |
| 223 | Obsidian Mountain03787648 · Podgorica | 0.0% | 0€ | No filing for 2024. | -1,413€ | — | 1 | — |
| 224 | Pioneer Sino Montenegro Limited03273911 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -30,483€ | — | 1 | 451€ |
| 225 | Plexus Tara02652773 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -3,658€ | — | 1 | — |
| 226 | Raafisi03427277 | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,035€ | — | 1 | — |
| 227 | Radenko 202855399 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -6,782€ | — | 1 | 565€ |
| 228 | Rafeko03651819 · Ulcinj | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -15,224€ | — | 1 | 716€ |
| 229 | RCG - Invest02436299 · Budva | 0.0% | 0€ | -100.0% | -35,772€ | — | 1 | 753€ |
| 230 | Rep-Real Estate Project02645076 · Herceg Novi | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -15,857€ | — | 1 | 751€ |
| 231 | Sarčer02691230 · Tivat | 0.0% | 0€ | -100.0% | -3,021€ | — | 1 | — |
| 232 | Seafront Property03651037 · Tivat | 0.0% | 0€ | -100.0% | -162,240€ | — | 1 | 1,468€ |
| 233 | Seaside Properties03490998 · Tivat | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -296,755€ | — | 1 | — |
| 234 | Stepkyb03777448 · Budva | 0.0% | 0€ | No filing for 2024. | -869€ | — | 1 | — |
| 235 | ST Property OPS.03463583 · Tivat | 0.0% | 0€ | -100.0% | -36,359€ | — | 1 | 678€ |
| 236 | Sunny Estates02456672 · Budva | 0.0% | 0€ | -100.0% | -13,165€ | — | 1 | 451€ |
| 237 | Synergy Capital Development03686604 · Žabljak | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -137,983€ | — | 1 | 7,551€ |
| 238 | System Point03631966 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -10,048€ | — | 1 | 675€ |
| 239 | Tacbys Montenegro02659875 · Budva | 0.0% | 0€ | -100.0% | -8,199€ | — | 1 | 670€ |
| 240 | Terra Mare03597148 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,383€ | — | 1 | — |
| 241 | Umsu Investment03526852 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -21€ | — | — | — |
| 242 | Violet Montenegro03738957 · Podgorica | 0.0% | 0€ | No filing for 2024. | -8,400€ | — | 0 | — |
| 243 | VSM02462907 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -131,382€ | — | 1 | 740€ |
| 244 | VVDJ Fenix03168484 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -56,277€ | — | 1 | 339€ |
| 245 | Area Investment02900483 · Herceg Novi | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,061€ | — | 1 | 338€ |
| 246 | Keltic Properties02632543 · Tivat | 0.0% | 0€ | -100.0% | -4,237€ | — | 1 | — |
| 247 | Royal Rendell02900076 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,624€ | — | 1 | 677€ |
| 248 | Trinita02686899 · Kotor | 0.0% | 0€ | -100.0% | -11,427€ | — | 1 | 412€ |
| 249 | Hemast Immobilien03518426 · Herceg Novi | 0.0% | 0€ | -100.0% | 0€ | — | — | — |
| 250 | Kostanjica Development02945100 · Nikšić | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,050€ | — | 1 | 338€ |