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 401–450 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% |
| -13,621€ |
| — |
| 1 |
| 689€ |
| 403 | Gems Montenegro Properties03697797 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,070€ | — | 1 | 339€ |
| 404 | Gold Agent02839644 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -12,443€ | — | 1 | 926€ |
| 405 | Golden Key Real Estate03749380 · Podgorica | 0.0% | 0€ | No filing for 2024. | -1,780€ | — | 1 | — |
| 406 | Good Home Nekretnine03653374 · Danilovgrad | 0.0% | 0€ | -100.0% | -1,236€ | — | 1 | — |
| 407 | Gurevic03479676 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,921€ | — | 1 | 408€ |
| 408 | Hardyx Real Estate03761827 · Budva | 0.0% | 0€ | No filing for 2024. | -2,723€ | — | 1 | — |
| 409 | Hazelton Montenegro LLC03281221 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,782€ | — | 1 | — |
| 410 | Helios Turizm03669556 · Tivat | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,260€ | — | 1 | 674€ |
| 411 | HMF Monte03398285 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,412€ | — | 1 | 774€ |
| 412 | Iegg03426009 · Budva | 0.0% | 0€ | -100.0% | -11,083€ | — | 1 | 848€ |
| 413 | Imperial Montenegro03805301 · Berane | 0.0% | 0€ | No filing for 2024. | -75€ | — | 1 | — |
| 414 | Inkaya Montenegro03783278 · Podgorica | 0.0% | 0€ | No filing for 2024. | -2,490€ | — | 1 | — |
| 415 | Ismi Landlords Montenegro03466400 · Budva | 0.0% | 0€ | No filing for 2024. | -3,840€ | — | 1 | 318€ |
| 416 | Konsultant02688794 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,123€ | — | 1 | 675€ |
| 417 | Lennas03507378 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,129€ | — | 1 | 677€ |
| 418 | Liberta Finance03124495 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,036€ | — | 1 | — |
| 419 | Lumaro Properties03787907 · Podgorica | 0.0% | 0€ | No filing for 2024. | -2,431€ | — | 0 | — |
| 420 | Lux Real Adria03187063 · Budva | 0.0% | 0€ | -100.0% | -12,157€ | — | 1 | 916€ |
| 421 | M.B.E.Chideea03484335 · Ulcinj | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -901€ | — | 1 | — |
| 422 | Međunarodna Građevinsko-Razvojna Korporacija02694719 · Herceg Novi | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,139€ | — | 1 | 678€ |
| 423 | Mey & Ra03665941 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,209€ | — | 1 | 677€ |
| 424 | MG Dream Living03791459 · Budva | 0.0% | 0€ | No filing for 2024. | -1,009€ | — | 1 | — |
| 425 | Modomo03455149 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,680€ | — | 1 | 660€ |
| 426 | Moeto Malko Prase03695476 · Cetinje | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,101€ | — | 1 | 675€ |
| 427 | Montenexus Strategic03614808 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,948€ | — | 1 | 677€ |
| 428 | Monte Reality Key03208346 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,153€ | — | 1 | 675€ |
| 429 | Mosa02462095 · Tivat | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,101€ | — | 1 | 675€ |
| 430 | Mountain Spring02664232 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,031€ | — | 1 | — |
| 431 | Nastrost03572544 · Cetinje | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,101€ | — | 1 | 675€ |
| 432 | New Wave Montenegro03483584 · Tivat | 0.0% | 0€ | -100.0% | -10,125€ | — | 1 | 753€ |
| 433 | Notarius MB02446049 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -29,516€ | — | 2 | 804€ |
| 434 | Nova Lux Invest03773574 · Podgorica | 0.0% | 0€ | No filing for 2024. | -1,932€ | — | 1 | — |
| 435 | Odesa Centar03571831 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,012€ | — | 1 | — |
| 436 | One Adriatic03683524 · Budva | 0.0% | 0€ | No filing for 2024. | -5,661€ | — | 1 | 472€ |
| 437 | Parla Commerce03651959 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -10,801€ | — | 1 | 900€ |
| 438 | Parmae Real Estate03397572 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -15,642€ | — | 1 | 926€ |
| 439 | Penguin Eu03290824 · Podgorica | 0.0% | 0€ | -100.0% | -13,383€ | — | 1 | 929€ |
| 440 | Platinum Property Consultants03541231 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,036€ | — | 1 | — |
| 441 | Podgora Invest03482561 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -10,273€ | — | 1 | 854€ |
| 442 | Puzzle Monte03483282 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,059€ | — | 1 | 678€ |
| 443 | Re Nekretnina03682099 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -12,341€ | — | 1 | 675€ |
| 444 | Rodny Real Estate03759024 · Budva | 0.0% | 0€ | No filing for 2024. | -3,415€ | — | 1 | — |
| 445 | Seeurope Consult03793028 · Podgorica | 0.0% | 0€ | No filing for 2024. | -1,860€ | — | 1 | — |
| 446 | Smokva Bay03657035 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -241,742€ | — | 1 | 340€ |
| 447 | Sol Montenegro03387780 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -3,160€ | — | 1 | — |
| 448 | Sprengnetter Montenegro03161684 · Podgorica | 0.0% | 0€ | -100.0% | -9,130€ | — | 1 | 723€ |
| 449 | Steran03748286 · Podgorica | 0.0% | 0€ | No filing for 2024. | -5,321€ | — | 1 | 422€ |
| 450 | Sunčana Ivica03510298 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,036€ | — | 1 | — |