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Sarajevo Times > Blog > BUSINESS > The Americans took over 33 Percent of the Shares of Factory for Weapons Production in BiH
BUSINESS

The Americans took over 33 Percent of the Shares of Factory for Weapons Production in BiH

Published April 17, 2024
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The American company Regulus Global took over 33 percent of the shares of Pretis from Vogošća and a minority package of shares from Binas from Bugojno.

According to information from the Istraga.ba portal, this American company is behind the transaction carried out on Monday at the Sarajevo Stock Exchange.

“On the Free Market – ST1, there was turnover of 14,314,078.20 BAM in shares of the issuer PRETIS DD VOGOŠĆA (symbol UNPRRK1); 1,403,341 shares were traded as part of 23 transactions. The exchange rate of this issuer was 10.20 BAM”, it was announced on Monday in the official report.

According to the investigation, these are shares whose formal owners have been funds from Bosnia and Herzegovina until now. In addition to shares in Pretis, these funds also sold their shares in Binas from Bugojno.

“On the Free Market – ST3, there was a turnover of 531,511.50 BAM in shares of the issuer BINAS DD BUGOJNO (symbol UBNSRK2); 81,771 shares were traded in 9 transactions. The exchange rate of this issuer was 6.50 BAM”, the Sarajevo Stock Exchange announced on Monday.

Regulus Global LLC is registered in the US state of Virginia

“We handle everything from intelligence software to military systems, including equipment subject to ITAR/AECA. We specialize in aligning the capabilities of foreign militaries and law enforcement agencies of US allies with their American counterparts, providing superior equipment and best practices for enforcement and sustainability. Regulus operates in more than 70 countries around the world,” stated the Regulus Global LLC website.

Even after this acquisition of shares, the Federation remains the majority owner of Pretis. According to official data available on the Sarajevo Stock Exchange, the Federation owns 51 percent of Pretis shares, Klix.ba reports.

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