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 351–400 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 filing for 2024. |
| -123€ |
| — |
| 1 |
| — |
| 353 | CLM Service Group03219593 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 0€ | — | — | — |
| 354 | Cyrus - Plus02755050 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,012€ | — | 1 | — |
| 355 | Darkstone Worldwide03775992 · Budva | 0.0% | 0€ | No filing for 2024. | -2,929€ | — | 1 | — |
| 356 | Das Real Estate03244628 · Budva | 0.0% | 0€ | -100.0% | -8,286€ | — | 1 | 619€ |
| 357 | DFB Realestate03710530 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -10,784€ | — | 1 | 677€ |
| 358 | DM Nekretnine02936704 · Bijelo Polje | 0.0% | 0€ | -100.0% | -14,265€ | — | 2 | 592€ |
| 359 | 24home Real Estate03783316 · Bar | 0.0% | 0€ | No filing for 2024. | -840€ | — | 1 | — |
| 360 | Adriatic Development Group03739147 · Budva | 0.0% | 0€ | No filing for 2024. | -6,529€ | — | 0 | — |
| 361 | Adriatic Property Investment Company03494683 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -12,055€ | — | 1 | 916€ |
| 362 | Immobello03628973 · Cetinje | 0.0% | 0€ | -100.0% | -18,008€ | — | 2 | 469€ |
| 363 | Al Fayed Real Estate Investment03693597 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -6,648€ | — | 1 | 508€ |
| 364 | Alphix Investments02627973 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -1€ | — | 1 | — |
| 365 | Andaluni03800784 · Budva | 0.0% | 0€ | No filing for 2024. | -191€ | — | 0 | — |
| 366 | Andriienko Company03330508 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -12,521€ | — | 1 | 670€ |
| 367 | Ansu03712214 · Podgorica | 0.0% | 0€ | No filing for 2024. | -11,545€ | — | 1 | 648€ |
| 368 | Antarex CG03201139 · Herceg Novi | 0.0% | 0€ | -100.0% | 0€ | — | — | — |
| 369 | Apim Real Estate03343499 · Kotor | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,756€ | — | 1 | 338€ |
| 370 | As Home Montenegro03705285 · Kotor | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,537€ | — | 1 | 678€ |
| 371 | Asko - Invest02742659 · Budva | 0.0% | 0€ | -100.0% | -69,793€ | — | 1 | 924€ |
| 372 | Astra Real Estate02726866 · Kotor | 0.0% | 0€ | -100.0% | 0€ | — | — | — |
| 373 | Astrela03597679 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,092€ | — | 1 | 678€ |
| 374 | Atanatos03711234 · Nikšić | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -3,428€ | — | 1 | — |
| 375 | Aurora Real Estate03803392 · Zeta | 0.0% | 0€ | No filing for 2024. | -3,605€ | — | 1 | — |
| 376 | Axit03021602 · Cetinje | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,085€ | — | 1 | 340€ |
| 377 | Balkan Eu World03631699 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 0€ | — | — | — |
| 378 | Best Invest Mne03470555 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,030€ | — | 1 | — |
| 379 | Bilalsanli Company03251675 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,036€ | — | 1 | — |
| 380 | Blackmount03555518 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,143€ | — | 1 | 670€ |
| 381 | BM Investments and Trading03626741 · Kotor | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -10,516€ | — | 1 | 677€ |
| 382 | Borg03741613 · Podgorica | 0.0% | 0€ | No filing for 2024. | -6,574€ | — | 1 | 522€ |
| 383 | BR Montenegro03383008 · Tivat | 0.0% | 0€ | -100.0% | 0€ | — | — | — |
| 384 | Capital Montenegro Real Estate03807304 · Herceg Novi | 0.0% | 0€ | No filing for 2024. | -452€ | — | 0 | — |
| 385 | CHN Global03775887 · Podgorica | 0.0% | 0€ | No filing for 2024. | -2,829€ | — | 1 | — |
| 386 | Compassagency03632130 · Ulcinj | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -3,052€ | — | 1 | — |
| 387 | Costa LSL03808866 · Budva | 0.0% | 0€ | No filing for 2024. | -2,426€ | — | 1 | — |
| 388 | Cukurova Gayrimenkul Insaat03687457 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,143€ | — | 1 | 670€ |
| 389 | DC Invest02727072 · Podgorica | 0.0% | 0€ | -100.0% | -12,212€ | — | 1 | 677€ |
| 390 | DM Real Estate03647188 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,201€ | — | 1 | — |
| 391 | Drugo Investment03498026 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,036€ | — | 1 | — |
| 392 | Emerald Realty Club03515338 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,036€ | — | 1 | — |
| 393 | Erim Montenegro03460649 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,117€ | — | 1 | — |
| 394 | Ersa03592928 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,282€ | — | 1 | 690€ |
| 395 | Estate500 Properties03556212 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,128€ | — | 1 | 927€ |
| 396 | Eurobalcan Company02954729 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,092€ | — | 1 | 341€ |
| 397 | Evelina Nekretnine03253635 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,788€ | — | 1 | — |
| 398 | Exclusive Monte03630102 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,374€ | — | 1 | — |
| 399 | Exclusive Real Estate Montenegro03531295 · Podgorica | 0.0% | 0€ | -100.0% | 0€ | — | — | — |
| 400 | Fins Group03500179 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -22,138€ | — | 2 | 864€ |