Domestic leading arms and ammunition company Igman Konjic increased its business revenue to 109.5 million BAM, from 94 million BAM in 2015.
Of this amount, 105.6 million BAM comes from the foreign market revenues. Last year, the company achieved a net profit of 17.7 million BAM and the number of employees increased from 1,028 to 1,063.
The majority owner of Igman company is the Government of the Federation of BiH with 51 percent of the shares.
As former Federal Minister Nermin Džindić said earlier, the Federation of Bosnia and Herzegovina’s industry has achieved total turnover of around 250 million BAM, while for this year agreements worth 315 million BAM were signed.
Igman company, according to him, has already signed contracts in amount of 116 million BAM for this year.