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 151–200 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% |
| 15,145€ |
| No filing for 2024. |
| 581€ |
| 3.8% |
| 1 |
| 629€ |
| 153 | 28 Real Estate03470318 · Podgorica | <0.1% | 15,125€ | +97.6% | -8,216€ | -54.3% | 3 | 481€ |
| 154 | Paradigma - Mont02622556 · Bar | <0.1% | 15,080€ | +4.8% | -2,750€ | -18.2% | 2 | 670€ |
| 155 | Fina Group03526437 · Bar | <0.1% | 15,051€ | -16.3% | -9,325€ | -62.0% | 0 | — |
| 156 | Montebay Real Estate03774627 · Budva | <0.1% | 15,000€ | No filing for 2024. | 9,834€ | 65.6% | 1 | — |
| 157 | Viotec02628937 · Budva | <0.1% | 15,000€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 8,308€ | 55.4% | 1 | — |
| 158 | Eminent Real Estate03728412 · Podgorica | <0.1% | 14,918€ | No filing for 2024. | 472€ | 3.2% | 1 | 635€ |
| 159 | Mediteran Nekretnine03366073 · Herceg Novi | <0.1% | 14,865€ | +24.3% | 2,546€ | 17.1% | 1 | 907€ |
| 160 | Stellar Nekretnine03617807 · Podgorica | <0.1% | 14,591€ | +231.6% | 1,790€ | 12.3% | 1 | 922€ |
| 161 | STS Renome02630303 · Tivat | <0.1% | 14,521€ | +171.5% | -1,767€ | -12.2% | 2 | 550€ |
| 162 | Tehnoforum02636964 · Tivat | <0.1% | 14,422€ | -7.9% | 235€ | 1.6% | 1 | — |
| 163 | Adriatica Club03479285 · Budva | <0.1% | 14,350€ | +82.8% | 5,525€ | 38.5% | 1 | 678€ |
| 164 | Real Estate 11103561631 · Bar | <0.1% | 14,090€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,336€ | -59.2% | 2 | 470€ |
| 165 | Property Collection03208761 · Tivat | <0.1% | 13,897€ | -43.6% | 3,248€ | 23.4% | 1 | 478€ |
| 166 | Monika Trade02653044 · Podgorica | <0.1% | 13,780€ | -4.8% | 2,683€ | 19.5% | 1 | 679€ |
| 167 | Prizma S02817241 · Podgorica | <0.1% | 13,718€ | +17.3% | 1,565€ | 11.4% | 1 | 726€ |
| 168 | Bluetech03125106 · Bijelo Polje | <0.1% | 13,653€ | +8.4% | -1,995€ | -14.6% | 1 | 1,273€ |
| 169 | Montenegro Dream Homes03743179 · Podgorica | <0.1% | 13,500€ | No filing for 2024. | 3,900€ | 28.9% | 1 | — |
| 170 | Tangoestate02773856 · Budva | <0.1% | 13,377€ | -3.8% | 4,454€ | 33.3% | 2 | 303€ |
| 171 | Magistral Group03493954 · Budva | <0.1% | 12,955€ | -30.3% | -4,085€ | -31.5% | 2 | 675€ |
| 172 | Expert Real Estate03310213 · Podgorica | <0.1% | 12,861€ | +936.3% | -3,962€ | -30.8% | 1 | 975€ |
| 173 | HRS Nekretnine03605116 · Herceg Novi | <0.1% | 12,810€ | +10.9% | 1,038€ | 8.1% | 1 | 869€ |
| 174 | CBS International02689529 · Herceg Novi | <0.1% | 12,800€ | +96.0% | -9,976€ | -77.9% | 2 | 558€ |
| 175 | Langoria03390756 · Bar | <0.1% | 12,730€ | +39.4% | 330€ | 2.6% | 1 | 924€ |
| 176 | Hydrix03379787 · Budva | <0.1% | 12,168€ | +193.2% | 163€ | 1.3% | 1 | 985€ |
| 177 | Team Real Estate03638642 · Podgorica | <0.1% | 12,050€ | +224.8% | 1,652€ | 13.7% | 1 | 452€ |
| 178 | Osar Global Trading03512380 · Podgorica | <0.1% | 11,892€ | +569.2% | -9,100€ | -76.5% | 1 | 1,086€ |
| 179 | Celipe03073491 · Tivat | <0.1% | 11,869€ | +69.5% | -4,706€ | -39.6% | 2 | 509€ |
| 180 | Jadranski Transfer03525473 · Budva | <0.1% | 11,762€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 3,659€ | 31.1% | 1 | 675€ |
| 181 | Itsales03695751 · Budva | <0.1% | 11,682€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 3,455€ | 29.6% | 1 | — |
| 182 | Larry Estate03186512 · Budva | <0.1% | 11,325€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 1,621€ | 14.3% | 1 | 692€ |
| 183 | Trust Mne03525422 · Podgorica | <0.1% | 10,979€ | +39.0% | -2,436€ | -22.2% | 2 | 509€ |
| 184 | Best Nekretnine03292371 · Podgorica | <0.1% | 10,900€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 5,046€ | 46.3% | 1 | 338€ |
| 185 | Di Real Estate03707571 · Tivat | <0.1% | 10,885€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 1,490€ | 13.7% | 1 | 676€ |
| 186 | Five Star Properties03226794 · Podgorica | <0.1% | 10,463€ | -26.9% | -2,635€ | -25.2% | 1 | 678€ |
| 187 | Estatelands Mne03589463 · Tivat | <0.1% | 10,375€ | -15.6% | -3,389€ | -32.7% | 1 | 678€ |
| 188 | Can Travel03132439 · Budva | <0.1% | 10,298€ | +294.4% | -3,798€ | -36.9% | 2 | 497€ |
| 189 | Adriatic Thomas Investment03563090 · Budva | <0.1% | 10,265€ | -23.4% | -2,189€ | -21.3% | 2 | 448€ |
| 190 | LV Group03684563 · Podgorica | <0.1% | 10,149€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -1,628€ | -16.0% | 1 | 966€ |
| 191 | The Best Way02766973 · Herceg Novi | <0.1% | 10,081€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -19,124€ | -189.7% | 3 | 632€ |
| 192 | Mercury Group03089363 · Budva | <0.1% | 10,000€ | -47.4% | 2,516€ | 25.2% | 1 | 422€ |
| 193 | SF Consultancy Karadag03480810 · Podgorica | <0.1% | 9,917€ | -0.4% | -18,792€ | -189.5% | 1 | 1,495€ |
| 194 | Rea Vista03289303 · Podgorica | <0.1% | 9,853€ | +53.8% | 1,586€ | 16.1% | 1 | 603€ |
| 195 | Invest Home03607178 · Podgorica | <0.1% | 9,785€ | +0.4% | -3,234€ | -33.1% | 2 | 339€ |
| 196 | Spektr-V03370828 · Bar | <0.1% | 9,700€ | -7.6% | -3,096€ | -31.9% | 1 | 1,062€ |
| 197 | Monte Gold Inc03663655 · Herceg Novi | <0.1% | 9,544€ | +56.2% | -502€ | -5.3% | 1 | 677€ |
| 198 | Astetik03148564 · Podgorica | <0.1% | 9,388€ | -30.5% | 1,163€ | 12.4% | 1 | — |
| 199 | Square Nekretnine03226379 | <0.1% | 9,000€ | -56.4% | -9,597€ | -106.6% | 1 | 1,199€ |
| 200 | Bel Summer Group03496368 · Budva | <0.1% | 8,996€ | +323.9% | -3,200€ | -35.6% | 1 | 926€ |