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Serbia: almost 800 mln defence industry exports in 2018

Volumes rose by 13.9% year-on-year, official said

09 April, 16:23
(ANSA) - BELGRADE, 09 APR - The Serbian defence industry exported around 796 million euros-worth items, in particular firearms and ammunition, in 2018, according to Nenad Miloradovic, an advisor for material resources to the minister of Defence, quoted by local media. "The exports of the ten state-owned defence industry factories rose by 13.9%, whereas the total value of export permits, not only those of the ten state-owned companies, amounted to $897 million," Miloradovic was quoted as saying, the specialized portal SeeNews reported. Last year, the highest amount of permits was issued in relation to exports to United Arab Emirates, Saudi Arabia, the US, Bulgaria, Romania, Belgium, Cyprus and Germany. (ANSA).

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