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 451–500 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 |
0.0% |
| 0€ |
| No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. |
| -9,315€ |
| — |
| 1 |
| 677€ |
| 453 | Sword Plus03791424 · Bar | 0.0% | 0€ | No filing for 2024. | -11,883€ | — | 3 | 303€ |
| 454 | Teodon. MB02889447 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -12,209€ | — | 2 | 506€ |
| 455 | Triada03629520 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,540€ | — | 1 | 677€ |
| 456 | Trust Creation Stability03463389 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,222€ | — | 1 | 675€ |
| 457 | Turmush03473724 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -16,409€ | — | 2 | 663€ |
| 458 | United Balkan Group02998971 · Kotor | 0.0% | 0€ | -100.0% | -13,072€ | — | 2 | 509€ |
| 459 | Urbanico Real Estate03797511 · Podgorica | 0.0% | 0€ | No filing for 2024. | -185€ | — | 1 | — |
| 460 | Urivon03675971 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -1,017€ | — | 1 | — |
| 461 | Vertigo Estates03738655 · Podgorica | 0.0% | 0€ | No filing for 2024. | -6,171€ | — | 1 | 511€ |
| 462 | Victory Nekretnine03333892 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,063€ | — | 1 | — |
| 463 | Viktoria-Prof03454878 · Bar | 0.0% | 0€ | -100.0% | 0€ | — | — | — |
| 464 | Visdom Monte03645363 · Herceg Novi | 0.0% | 0€ | -100.0% | -11,454€ | — | 1 | 929€ |
| 465 | Yilmaz Realty03755614 · Podgorica | 0.0% | 0€ | No filing for 2024. | -2,453€ | — | 1 | — |
| 466 | Time of Che03607755 · Herceg Novi | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,206€ | — | 1 | 678€ |
| 467 | Euro Gulf Estates02643367 · Kotor | 0.0% | 0€ | -100.0% | -468,880€ | — | 1 | 678€ |
| 468 | Nekretnine Home03268993 · Bijelo Polje | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,089€ | — | 1 | — |
| 469 | Avgust Nekretnine02938545 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,123€ | — | 1 | 675€ |
| 470 | Universal Mne03472582 · Budva | 0.0% | 0€ | -100.0% | 0€ | — | — | — |
| 471 | Sheba Development Company02687224 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -16,993€ | — | 1 | 678€ |
| 472 | Time Abroad Montenegro02663333 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,287€ | — | 1 | 689€ |
| 473 | Absolute Estate Eu02991608 · Budva | 0.0% | 0€ | -100.0% | -5,723€ | — | 1 | 386€ |
| 474 | M.V.E. Adriatika02456001 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -3,393€ | — | 0 | — |
| 475 | Neptun Invest02630982 · Tivat | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -13,436€ | — | 2 | 541€ |
| 476 | Alfa - Gea02448238 · Herceg Novi | 0.0% | 0€ | No filing for 2024. | -6,750€ | — | 0 | — |
| 477 | Ferriers Follies02673088 · Herceg Novi | 0.0% | 0€ | -100.0% | -15,832€ | — | 1 | 1,177€ |
| 478 | Latavra02446120 · Herceg Novi | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,357€ | — | 1 | 677€ |
| 479 | Reid RJ Developments02469073 · Herceg Novi | 0.0% | 0€ | -100.0% | -23,531€ | — | 1 | 1,701€ |
| 480 | Capital Invest Service02716046 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,045€ | — | 1 | 670€ |
| 481 | Vicant Company02674874 · Bar | 0.0% | 0€ | -100.0% | 0€ | — | — | — |
| 482 | A-3 Village02961792 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -6,799€ | — | 3 | — |
| 483 | Athos Gardens03625974 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -6,326€ | — | 1 | 427€ |
| 484 | Danali02749572 · Kotor | 0.0% | 0€ | -100.0% | -52,624€ | — | 1 | 677€ |
| 485 | GK Invest02668971 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,072€ | — | 1 | — |
| 486 | Kotomont02674785 · Herceg Novi | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -10,528€ | — | 1 | 337€ |
| 487 | Lago Di Monte02734290 · Žabljak | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,058€ | — | 1 | — |
| 488 | Monte - Exclusive02624877 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,331€ | — | 1 | — |
| 489 | T-Stile02657104 · Kotor | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -19,309€ | — | 1 | 619€ |
| 490 | Uragan02846276 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,069€ | — | 1 | 339€ |
| 491 | Suntime Plus03325270 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,364€ | — | 1 | 936€ |
| 492 | Wesna Invest02860082 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,012€ | — | 1 | — |
| 493 | Fido Veritas03259226 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -1€ | — | — | — |
| 494 | Fešn Haus 201002773821 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -23,204€ | — | 2 | 501€ |
| 495 | Vlada R Evolution03005470 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,176€ | — | 1 | 678€ |
| 496 | Monteproject02457032 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,031€ | — | 1 | — |
| 497 | Feluza Corporation02626217 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,053€ | — | 1 | 338€ |
| 498 | MJN Nekretnine03676544 · Herceg Novi | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -22,650€ | — | 2 | 824€ |
| 499 | Marishal03058433 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,223€ | — | 1 | 339€ |
| 500 | Montenegro Heritage Developments02637065 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,842€ | — | 1 | 422€ |