Radio S

Radio Delfin was established in 2002. The ownership structure changed in 2016 when Radio also changed its name to Radio S and was acquired by the Serbian S Media owned at the time by Zoran Anđelković. The ownership structure changed again in 2023 when Bogdan Todorović became the majority shareholder with 51% stake in the company.

There is inconsistency in the radio station's location since three different addresses are mentioned in three different sources. The Impressum of the radio station, the Central Registry of Business Entities and the Agency for Electronic Media all refer to different locations and cities (Podgorica and Herceg Novi) as the radio station's address.

Key facts

Audience Share

Missing Data

Ownership Type


Geographic Coverage


Content Type

Free content

Data Publicly Available

ownership data is easily available from other sources, e. g. public registries etc.

2 ♥

Media Companies / Groups



Ownership Structure

Owners of Neboelectronic d.o.o. are two companies from Serbia: S Controls d.o.o. Šabac with 51% and S Media Team D.O.O Beograd with 49% of ownership. While Bogdan Todorović is the owner of the S Controls doo, S Media Team doo is owned by the Anđelkovic Family

Voting Rights

Missing Data

Individual Owner

Media Companies / Groups

General Information

Founding Year


Affiliated Interests Founder

S Controls d.o.o. Šabac (Republic of Serbia)

According to available data, S Media Team d.o.o. Beograd was the sole owner until May 2023, when a new company S Controls d.o.o. Šabac acquired 51% of the shares.
The same companies are enlisted as owners of Društvo za radio difuznu djelatnost “Hit FM”d.o.o. registered at the same address, and with the same contacts as Neboelectronics d.o.o.

Affiliated Interests Ceo

Danilo Đelević

The CEO of Radio S. His biography is unavailable online except for the information that in 2016 he was the editor of another radio station - Radio D. Danilo Đelević is also the CEO of Hit FM d.o.o, a company owned by the same owners as Radio S and publisher of Radio S3, whose CEO is also Đelević.

Affiliated Interests Editor-In-Chief

Danilo Đelević

Besides being the CEO of Radio S, Danilo Đelević is also its Editor-in-Chief, according to the official impressum.


Save Kovačevića 14, Herceg Novi


Tel: +38231322931


Financial Information

Revenue (in Mill. $)

Missing data

Operating Profit (in Mill. $)

Missing data

Advertising (in % of total funding)

Missing data

Market Share

Missing data

Further Information

Meta Data

The data on the media outlet was collected from the Central Registry of business entities of Montenegro, Agency for business entities of Serbia, Agency for electronic media, Tax administration portal Taxis, website of the media and desk research. Audience shares are missing, since there is no credible centralized audience measuring mechanism in the country.
MOM team in Montenegro contacted the media outlet on August 18, 2023, as is the practice for Media Ownership Monitor, to invite the media owners to proactively disclose information relevant to the study.
The annual average exchange rate of the Central Bank for 2022 was used to convert EUR into USD (1,05).
There is no publicly available data on the biography of the CEO and the Editor-in-Chief of Radio S, besides that he was previously the editor of another radio station - Radio D.
There is no publicly available data on the backgrounds of two out of three owners, while for Predrag Anđelković, some, mostly personal data is available online.