Largest Domestic Weapons Manufacturer Sees Value Surge by 44 Million BAM in a Single Day

Shares of the company Pretis from Vogosca rose by 34.3 percent on Friday, reaching a price of 40.98 BAM.

In this way, the large increase in Pretis’ value that has been going on for months has continued.

This is one of the largest domestic companies in the defense industry of Bosnia and Herzegovina (BiH).

The majority owner is the Federation of BiH (FBiH) with 51 percent of the shares, while the United States (U.S.) company Regulus Global, through the company Sikto d.o.o. Sarajevo holds a 41.5 percent stake.

Pretis is in great expansion when it comes to production and revenues, so it is no surprise that the value of the shares is growing. In addition, a new large investment cycle has been announced, which should drastically increase and improve the production capacities of this company.

The market value of Pretis with the jump in the share price rose from 129.7 million BAM to 174.3 million BAM. Thus, the value of the company in just one day jumped by 44.5 million BAM.

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