Aleksandar "Aco" Đukanović ( cyrl, Александар "Ацо" Ђукановић; born 1965) is a Montenegrin businessman, widely considered to be one of the richest and most powerful individuals in the country, along with Brano Mićunović, Vesko Barović, Dragan Brković and others from the Montenegrin

nouveau riche ''Nouveau riche'' (; ) is a term used, usually in a derogatory way, to describe those whose wealth has been acquired within their own generation, rather than by familial inheritance. The equivalent English term is the "new rich" or "new money" ( ...

class that emerged during the 1990s following the break-up of

SFR Yugoslavia The Socialist Federal Republic of Yugoslavia, commonly referred to as SFR Yugoslavia or simply as Yugoslavia, was a country in Central and Southeast Europe. It emerged in 1945, following World War II, and lasted until 1992, with the breakup of Yug ...

. All of Aco Đukanović's wealth and influence were achieved during his older brother

Milo Đukanović Milo Đukanović ( cnr, Мило Ђукановић, ; born 15 February 1962) is a Montenegrin politician serving as the President of Montenegro since 2018, previously serving in the role from 1998 to 2003. He also served as the Prime Minister o ...

's rule in Montenegro as Prime Minister and President of the Republic (1991–2006) and currently as the ruling political party's (

DPS DPS may refer to: Schools United States * Dalton Public Schools, the public school district in Dalton, Georgia * Dearborn Public Schools, the public school district in Dearborn, Michigan * Decatur Public Schools District 61, the public school sys ...

) president and prime minister again (2006–present).

Life

Early activities

Aco Đukanović's early business activity during the 1990s was folk concert booking, promotion and organizing through his first company Maraton.

2000s

On June 4, 2000, Aco Đukanović and Pajo Jabučanin attacked

LSCG Liberal Alliance of Montenegro ( cnr, italic=no, Liberalni savez Crne Gore - LSCG; Либерални савез Црне Горе - ЛСЦГ) was a Montenegrin separatist, liberal and anti-war political party, active between 1990 and 2005. The ...

activist Zoran "Feki" Kljajić in the lobby of Hotel Crna Gora (now Hilton Podgorica in

Podgorica Podgorica (Cyrillic script, Cyrillic: Подгорица, ; Literal translation, lit. 'under the hill') is the Capital city, capital and List of cities and towns in Montenegro, largest city of Montenegro. The city was formerly known as Titograd ...

. Kljajić ended up with severe injuries for which he underwent emergency surgery. Jabučanin and Đukanović were detained by police after Đukanović confirmed he was involved in the incident. The case against Đukanović dragged in the courts for years before being acquitted in December 2004. On appeal, the re-trial was ordered, but in 2007 on the very first session of the re-trial the court concluded that the suit against Đukanović is too old. His current company, Monte Nova, is a prominent and well known Montenegrin business. According to an annual report by the

Central Bank of Montenegro The Central Bank of Montenegro ('' cnr, Centralna Banka Crne Gore'', or CBCG) is the central bank of Montenegro. Although Montenegro does not issue its own currency after it unilaterally adopted the euro in 2002, the stated mission of the central ...

in 2006, Monte Nova was the fourth most profitable company in Montenegro (most profitable among the companies with domestic ownership) with a profit of

€ The euro sign () is the currency sign used for the euro, the official currency of the eurozone and unilaterally adopted by Kosovo and Montenegro. The design was presented to the public by the European Commission on 12 December 1996. It consists o ...

8.1 million in that year. In November 2006, Monte Nova acquired

Nikšićka banka Prva banka Crne Gore AD is a Montenegro, Montenegrin bank. Formerly known as Nikšićka banka AD, the bank was renamed in March 2007. Prva banka CG assumes continuity from a bank, existing under various forms of ownership, that was founded in 1901 ...

. Đukanović also held stake in Crnogorska komercijalna banka, which he sold to Hungarian

OTP Bank OTP Bank Group is the largest commercial bank of Hungary and one of the largest independent financial service providers in Central and Eastern Europe and with banking services for private individuals and corporate clients. The OTP Group comprise ...

for

10 million. In January 2007, he bought 75% stake in Montenegrin urbanism authority for

2.7 million. Around the same time he bought the documentation for the third

mobile operator A mobile network operator (MNO), also known as a wireless service provider, wireless carrier, cellular company, or mobile network carrier, is a provider of wireless communications services that owns or controls all the elements necessary to sell ...

licence in Montenegro (now m:tel) but ended up not placing an official bid, and the license went to

Telekom Srbija Telekom Srbija a.d. Beograd is a Serbian state-owned telecommunications operator. It was founded in May 1997 as a joint-stock company, by spinning off the telecommunications business from PTT Srbija (present-day „ Pošta Srbije"). In April 201 ...

External links

Đukanović i Barović šire poslovanje

B92 RTV B92, or simply B92 (stylized as b92, formerly BΞ92 and B 92), is a Serbian news station and broadcaster with national coverage headquartered in Belgrade. Founded in 1989 as radio station, it was a rare outlet for Western news and informat ...

, January 22, 2007
Aco Đukanović hoće "Putnik"?
B92, March 30, 2007 1965 births Living people Montenegrin businesspeople People from Nikšić People named in the Pandora Papers {{Montenegro-bio-stub