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 501–550 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€ |
| -100.0% |
| -8,165€ |
| — |
| 1 |
| 675€ |
| 503 | Monte Imobilia02797216 · Herceg Novi | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -16,578€ | — | 2 | 678€ |
| 504 | Sword02698277 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,182€ | — | 1 | 677€ |
| 505 | L.P.P. Capital02445069 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -12,038€ | — | 1 | 721€ |
| 506 | Paradigma M02674823 · Kotor | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -6,377€ | — | 1 | — |
| 507 | Wave Real Estate02691507 · Ulcinj | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -901€ | — | 1 | — |
| 508 | Milestone W02958406 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,123€ | — | 1 | 677€ |
| 509 | Zelenograd02690420 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -12,255€ | — | 1 | 679€ |
| 510 | Irmax03470903 · Tivat | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -83,206€ | — | 1 | 929€ |
| 511 | Zed - i02646056 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 0€ | — | — | — |
| 512 | Montenegro Vision02620901 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -10,350€ | — | 1 | 676€ |
| 513 | Galeo02447304 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,035€ | — | 1 | — |
| 514 | Krutay.7ay03322459 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -14,430€ | — | 1 | 677€ |
| 515 | Recig03432530 · Budva | 0.0% | 0€ | -100.0% | -8,511€ | — | 1 | 677€ |
| 516 | Sunny Mountain03350258 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,148€ | — | 1 | 677€ |
| 517 | Nexus Adriatik03433862 · Herceg Novi | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,206€ | — | 1 | 929€ |
| 518 | Equation System02467089 · Budva | 0.0% | 0€ | -100.0% | -19,502€ | — | 1 | 928€ |
| 519 | Estia03503267 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -1,136€ | — | 1 | — |
| 520 | Eve Property03185184 · Budva | 0.0% | 0€ | -100.0% | -17,629€ | — | 2 | 709€ |
| 521 | FLS02879956 · Podgorica | 0.0% | 0€ | -100.0% | -2,707€ | — | 1 | — |
| 522 | Free Home03250792 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,139€ | — | 1 | 678€ |
| 523 | FTD Monte03604276 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -16,310€ | — | 1 | 1,350€ |
| 524 | Goldeneart Group03593525 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,139€ | — | 1 | 678€ |
| 525 | Greenrock03445844 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,125€ | — | 1 | 677€ |
| 526 | GSK Adriatika03011801 · Herceg Novi | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,807€ | — | 1 | — |
| 527 | HC - Project03650405 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -6,692€ | — | 1 | 322€ |
| 528 | Hegrodent03376133 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,191€ | — | 1 | 677€ |
| 529 | Hillside Residences02849992 · Budva | 0.0% | 0€ | -100.0% | -8,145€ | — | 1 | 670€ |
| 530 | Hladpeak03423140 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 0€ | — | — | — |
| 531 | Hogy02465990 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,756€ | — | 1 | 675€ |
| 532 | HP Sirius Group03592561 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,139€ | — | 1 | 678€ |
| 533 | Ikigai Global Real Estate03695093 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,123€ | — | 1 | 677€ |
| 534 | Imperija02388146 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -6,111€ | — | 2 | — |
| 535 | Ippy Investments03183718 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -6,485€ | — | 1 | — |
| 536 | Irena Estate03667464 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,634€ | — | 1 | — |
| 537 | Kalinina02888521 · Budva | 0.0% | 0€ | -100.0% | -11,852€ | — | 1 | 916€ |
| 538 | Kastio Real Estate03437795 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -7,183€ | — | 1 | 451€ |
| 539 | Living Real Estate03409406 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,069€ | — | 1 | 338€ |
| 540 | Lovely Sunrise03604551 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -14,070€ | — | 1 | 926€ |
| 541 | Lucky Investment03707164 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -13,936€ | — | 1 | 926€ |
| 542 | Luna Blue03773485 · Bar | 0.0% | 0€ | No filing for 2024. | -3,856€ | — | 0 | — |
| 543 | Manzil Home03473732 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -15,245€ | — | 2 | 565€ |
| 544 | MFC Property03437418 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,766€ | — | 1 | 677€ |
| 545 | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -203,497€ | — | 1 | 926€ |
| 546 | MJ Property02662752 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -18,058€ | — | 1 | 915€ |
| 547 | Mne Luxury03468569 · Tivat | 0.0% | 0€ | -100.0% | -17,301€ | — | 2 | 638€ |
| 548 | Monteburg03404757 · Rožaje | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,025€ | — | 1 | — |
| 549 | Montecon02634902 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,035€ | — | 1 | — |
| 550 | Monte Ella02980258 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,012€ | — | 1 | — |