Source: Blic | Tuesday, 03.01.2017.| 13:04
Highlight an article Print out the news

Sloboda Cacak sending ammunition to America – Production in 2016 worth around USD 60 million

(Photo: konecny/shutterstock.com)
Sloboda Cacak will be producing ammunition for America thanks to the adopted NATO standard and the contract with General Dynamics, a company which cooperates with the US army.

Cacak’s arms factory has doubled its production relative to 2016 and reached the level of around USD 60 million. More than 90% of the produced goods is meant for export.

– Sloboda might operate at full capacity for another two years based on all arrangements, without signing a single new contract. In 2016, we had EUR 6.65 million of investments. This will lead to a doubled production of goods – says director Zoran Stefanovic.

Sloboda will soon open a new facility in the renowned hall which was destroyed during the bombing.

Only logged-in users can comment.