By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Sarajevo TimesSarajevo TimesSarajevo Times
  • HOME
  • POLITICS
    • BH & EU
  • BUSINESS
  • BH TOURISM
  • INTERVIEWS
    • BH & EU
    • BUSINESS
    • ARTS
  • SPORT
  • ARTS
    • CULTURE
    • ENTERTAINMENT
  • W&N
Search
  • ABOUT US
  • IMPRESSUM
  • NEWSLETTER
  • CONTACT
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Reading: Military Industry in the FBiH doubled its Exports in Three Years
Share
Font ResizerAa
Sarajevo TimesSarajevo Times
Font ResizerAa
  • HOME
  • POLITICS
  • BUSINESS
  • BH TOURISM
  • INTERVIEWS
  • SPORT
  • ARTS
  • W&N
Search
  • HOME
  • POLITICS
    • BH & EU
  • BUSINESS
  • BH TOURISM
  • INTERVIEWS
    • BH & EU
    • BUSINESS
    • ARTS
  • SPORT
  • ARTS
    • CULTURE
    • ENTERTAINMENT
  • W&N
Follow US
  • ABOUT US
  • IMPRESSUM
  • NEWSLETTER
  • CONTACT
© 2012 Sarajevo Times. All rights reserved.
Sarajevo Times > Blog > BUSINESS > Military Industry in the FBiH doubled its Exports in Three Years
BUSINESS

Military Industry in the FBiH doubled its Exports in Three Years

Published April 2, 2018
Share
SHARE

The value of exports of weapons and ammunition from BiH amounted to 93.8 million BAM in the year of 2014, and it was increased to 193 million BAM in 2017.

Last year, the military industry in the FBiH attracted a lot of attention with the introduction of several important inventions and products. Therefore, at the beginning of the year of 2017, the entire BiH was talking about the production of the first BH howitzer whose prototype was produced by the company Bratstvo Novi Travnik – Factory of Machinery and Hydraulics.

After that, the Technical Remont Institute Hadzici successfully produced the first BH hand rocket launcher that passed all NATO tests in the second half of 2017. At the same time, the prototype of BH rifle was made in six models, and the same company produced the first BH pistol. All competent state institutions gave their consent for the production of the first BH rifles and pistols.

This is just a part of the successful stories that both state and private companies in the FBiH industry are realizing, and they include companies Igman from Konjic, BNT from Novi Travnik, Binas from Bugojno, Vitezit from Vitez, Unis Ginex from Gorazde, Pretis from Vogosca, Zrak from Sarajevo, Remont Institute Hadzici, and five private companies Pobjeda Rudet, AC Unity and Pobjeda Technology from Gorazde, Koteks from Tesanj and Guma-co from Bugojno.

What many military factories in the FBiH must do is modernization of equipment and purchase of new machines. Professor Berko Zecevic noted that some of the factories in Gorazde have to make a step forward towards replacing heavy metals that include explosive components with components that are not aggressive to the environment.

As Professor Zecevic noted, companies in BiH had great experience in the production of cylinders for rocket engines.

“We had two machines before. At the moment, we have one machine that requires reparation, and Serbia invested 35 million EUR in the production of its production factory for rocket engines, since they concluded that it would be very profitable on the world market,” concluded Professor Zecevic.

(Source: faktor.ba)

 

 

Increase in the Average Salary in Bosnia and Herzegovina

Union Consumer Basket in BiH amounts to 3,114 BAM

Ferid is the last Carver of Mill Stones in BiH

Royal Family Member bought major Part of Bosmal?

Admir Čavalić, economic analyst speaks about the economic Situation

TAGGED:#exports#increase#military#success#weaponsBH companieshowitzerthe FBiH
Share This Article
Facebook Whatsapp Whatsapp Telegram Threads Bluesky Email Print
Share
What do you think?
Love0
Sad0
Happy0
Sleepy0
Angry0
Dead0
Wink0
Previous Article Positive Story: Volunteers are taking care about 1,000 People
Next Article Sarajevo among 10 most desirable Winter Destinations in Europe
Leave a Comment Leave a Comment

Leave a Reply Cancel reply

You must be logged in to post a comment.

Stay Connected

10.2kFollowersLike
10.1kFollowersFollow
414FollowersFollow

Latest News

Three Journalists killed in an Israeli Attack on Lebanon
March 29, 2026
Una-Sana Canton without Electricity and Water over Snowfall
March 29, 2026
Kerim Alajbegovic’s Market Value surpasses 15 Million Euros
March 29, 2026
BiH Presidency Chairman meets His Turkish Counterpart in Istanbul
March 28, 2026
Bulic: Locked Prices bring Savings of up to 100 BAM
March 28, 2026
Circle 99 Youth Forum: Political Culture in BiH creates lost Generations
March 28, 2026
Daffodil Day is an Opportunity to raise Awareness about Breast Cancer
March 28, 2026
Chairman of BiH Presidency meets his Turkish Counterpart in Istanbul
March 28, 2026
Storm in BiH: Heavy Rainfall and rising Water Levels cause Problems on Road Routes
March 28, 2026
Constitutional Court of BiH orders Regulation of Procedure for EU Chief Negotiator
March 28, 2026
Sarajevo TimesSarajevo Times
Follow US
© 2012 Sarajevo Times. All Rights Reserved.
  • ABOUT US
  • IMPRESSUM
  • NEWSLETTER
  • CONTACT
Go to mobile version
adbanner
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?