Aleksandar "Aco" Đukanović ( cnr-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 ; ), new rich, or new money (in contrast to old money; ) is a social class of the rich whose wealth has been acquired within their own generation, rather than by familial inheritance. These people previously had belonged to a lower social cla ...

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

SFR Yugoslavia The Socialist Federal Republic of Yugoslavia (commonly abbreviated as SFRY or SFR Yugoslavia), known from 1945 to 1963 as the Federal People's Republic of Yugoslavia, commonly referred to as Socialist Yugoslavia or simply Yugoslavia, was a country ...

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

Milo Đukanović Milo Đukanović (, ; born 15 February 1962) is a Montenegrin politician who served as the President of Montenegro from 2018 to 2023, previously serving in the role from 1998 to 2002. He also served as the Prime Minister of Montenegro (1991–19 ...

's rule in Montenegro as Prime Minister and President of the Republic (1991–2006) and currently as the ruling political party's ( DPS) 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 activist Zoran "Feki" Kljajić in the lobby of Hotel Crna Gora (now Hilton Podgorica in

Podgorica Podgorica ( cnr-Cyrl, Подгорица; ) is the Capital city, capital and List of cities and towns in Montenegro, largest city of Montenegro. The city is just north of Lake Skadar and close to coastal destinations on the Adriatic Sea. Histor ...

. 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 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. The design was presented to the public by the European Commission on 12 December 1996. It consists of a stylized letter E (or epsilon), crossed by t ...

8.1 million in that year. In November 2006, Monte Nova acquired Nikšićka banka. 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, with banking services for private individuals and corporate clients. The OTP Group comprises su ...

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 mobile network provider, mobile network carrier, mobile , wireless service provider, wireless carrier, wireless operator, wireless telco, or cellular company, is a telecommunications provider of se ...

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, 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