Zastava to export infantry arms worth USD 7.5 million to United Arab Emirates
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From Zastava Oruzje (Photo: bibiphoto/shutterstock)
The Kragujevac plant should export arms worth USD 7.5 million to the UAE in the upcoming period.
Zastava Oruzje has been present in the country since 2011, when it delivered arms worth USD 10 million to a business partner in the UAE.
The Kragujevac plant plans to export products worth around USD 50 million to over 40 countries worldwide this year. The management claims that, with the contracts signed so far, the plant has secured full capacity engagement until mid-2019.
With this new contract, the factory will have jobs secured until the end of the next year.
Companies:
Zastava oružje a.d. Kragujevac
Tags:
infantry arms
Zastava Oruzje export
export of arms from Serbia
export of arms to the United Arab Emirates
export of infantry arms to the UAE
export of infantry arms from Kragujevac
production of arms
production of infantry arms
military industry
arms industry
defense industry
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