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 301–350 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% |
| 826€ |
| -98.5% |
| -26,881€ |
| Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. |
| 2 |
| 532€ |
| 303 | Prego Nekretnine03374653 · Podgorica | <0.1% | 785€ | -84.3% | -6,636€ | -845.4% | 1 | 449€ |
| 304 | RSM Real Estate02693771 · Podgorica | <0.1% | 738€ | -92.6% | -83,321€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | — |
| 305 | First Company CG03592227 · Bar | <0.1% | 700€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,337€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 678€ |
| 306 | Sirius Nekretnine03263860 · Budva | <0.1% | 700€ | -96.3% | -16,112€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 2 | 453€ |
| 307 | Platinum Real Estate03679179 · Podgorica | <0.1% | 600€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,238€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 678€ |
| 308 | Cloud Atlas03241734 · Budva | <0.1% | 587€ | -97.1% | -18,554€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 2 | 678€ |
| 309 | Impressive Real Estate03337863 · Bar | <0.1% | 542€ | -73.2% | -10,750€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 924€ |
| 310 | Montelux Development03551202 · Kotor | <0.1% | 500€ | -88.9% | -14,220€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 916€ |
| 311 | Planet Mne03288536 · Podgorica | <0.1% | 500€ | -66.7% | -7,657€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 678€ |
| 312 | Montenegro Development02448980 · Podgorica | <0.1% | 474€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,321€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | — |
| 313 | Alfa Nekretnine02877376 · Podgorica | <0.1% | 380€ | -97.0% | -9,664€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 687€ |
| 314 | TDC Real Estate03244571 · Budva | <0.1% | 305€ | -99.3% | -8,455€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 619€ |
| 315 | Exim Invest02876205 · Cetinje | <0.1% | 260€ | -81.8% | -8,092€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 683€ |
| 316 | Deal02930145 · Bar | <0.1% | 240€ | +50.0% | -8,316€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 676€ |
| 317 | Semjuel Company02460106 · Budva | <0.1% | 153€ | -99.9% | -62,881€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 1,238€ |
| 318 | Adriatic Reževići03485641 · Budva | <0.1% | 144€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -14,785€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 1,067€ |
| 319 | Wish Montenegro02868091 · Podgorica | <0.1% | 140€ | -88.9% | -2,496€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | — |
| 320 | Blackpeak03495370 · Budva | <0.1% | 136€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,855€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 916€ |
| 321 | Impuls MB02700883 · Bar | <0.1% | 121€ | -99.9% | -4,647€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | — |
| 322 | Bay View Property02655241 · Kotor | <0.1% | 108€ | -81.3% | -13,443€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 682€ |
| 323 | Etalon Montenegro03551008 · Herceg Novi | <0.1% | 100€ | -75.0% | -8,083€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 677€ |
| 324 | Montehills02872854 · Herceg Novi | <0.1% | 97€ | +9,600.0% | -4,221€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | — |
| 325 | Auditron02114321 · Bar | <0.1% | 60€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,500€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 920€ |
| 326 | Matthew02661918 · Kotor | <0.1% | 21€ | -98.7% | -25,220€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 677€ |
| 327 | Stone Capital03395146 · Budva | <0.1% | 20€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -31,100€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 342€ |
| 328 | Dom Global Montenegro02699176 · Kotor | <0.1% | 16€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -192,089€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 678€ |
| 329 | Alfa Montenegro03613771 · Gusinje | <0.1% | 9€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,400€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 678€ |
| 330 | Guga03175375 · Podgorica | <0.1% | 7€ | -99.9% | -8,765€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | — |
| 331 | Baza Properties03634809 · Budva | <0.1% | 4€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -16,575€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 590€ |
| 332 | V.A.S. Invest02447711 · Budva | <0.1% | 2€ | -100.0% | -190,438€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 3 | 590€ |
| 333 | Ava Development03242811 · Budva | <0.1% | 1€ | 0.0% | -168,521€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 1,002€ |
| 334 | Adls Era03791009 · Budva | 0.0% | 0€ | No filing for 2024. | -2,080€ | — | 1 | — |
| 335 | Adriaticpro03505260 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -19,201€ | — | 2 | 791€ |
| 336 | Podgorica Real Estate03763129 · Podgorica | 0.0% | 0€ | No filing for 2024. | -4,078€ | — | 0 | — |
| 337 | Alexander.Investfuture03441954 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -24,437€ | — | 3 | 677€ |
| 338 | Alex Co02834138 · Herceg Novi | 0.0% | 0€ | -100.0% | 0€ | — | — | — |
| 339 | Altic Group03002128 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -6,563€ | — | 1 | 542€ |
| 340 | Anagastum02960931 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -19,847€ | — | 2 | 767€ |
| 341 | Ang Invest02763516 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -5,278€ | — | 1 | 339€ |
| 342 | Barbuddos Company03301575 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,120€ | — | 1 | 675€ |
| 343 | Bayraktargroup-Mne03573818 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,883€ | — | 1 | — |
| 344 | Blackiron Group03262405 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,276€ | — | 1 | 677€ |
| 345 | Black Mountain Resorts02624745 · Podgorica | 0.0% | 0€ | -100.0% | -11,046€ | — | 1 | 339€ |
| 346 | Bluemder Group03535452 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -7,944€ | — | 1 | 565€ |
| 347 | Blue Plant03622525 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,150€ | — | 1 | 929€ |
| 348 | Boticelli Land Development02913534 · Budva | 0.0% | 0€ | -100.0% | -11,792€ | — | 1 | 556€ |
| 349 | BSV03053024 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,124€ | — | 1 | — |
| 350 | Budva Capital Investment02656418 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,072€ | — | 1 | 337€ |