Source: Ozonpress | Monday, 31.03.2014.| 15:45
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Cacak-based Sloboda to finish new production facilities by May - Investment of EUR 7.5 million in construction and equipping works

(Photo: sloboda.co.rs)
Construction of new production facilities of Cacak-based Sloboda will be completed by mid-May. In that way, through a gradual acquisition and installation of equipment, the investment round commenced by Sloboda at the beginning of this decade will be finished by next December. The investment totals EUR 7.5 million.
Zoran Stefanovic, the CEO of Sloboda, announced that the factory turned a profit of RSD 57 million in the previous business year.
- We have signed agreements to deliver EUR 30 million worth of goods by the end of this year, and we are also negotiating the sale of technology - he noted.

Sloboda specializes in the production of ammunition of 20 to 155 milimeters, and it is forced to keep up with powerful and numerous competitors around the world, which is why it constantly makes new additions to the product portfolio.
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