Americans in Kragujevac on January 16th - "Remington" and "Zastava Arms" to specify this-year export plan

Management of "Zastava Arms" and management of "Remington" will specify the plan for this-year export of "Zastava’s" hunting and sports arms to the US market on January 16th.

According to the preliminary negotiations between the managements of the two companies, export of "Zastava’s" arms to the market of USA in 2008 should be worth between 3 and 5m USD.

At the negotiations in Kragujevac, schedulled for January 16th, two sides will agree on the quantity of hunting carbines, small-caliber rifles and pistols that will be offered to Amercian buyers. People from "Zastava Arms" expect that hunting carbines made of stainless steel, of which production was organized by "Zastava’s" and "Remington’s" experts, will also be on the list for export to the USA.

Last year, "Zastava’s" arms factory signed contracts on export of military (infantry) arms and hunting-sports arms worth about 20m EUR. This is the record export, the kind the Kragujevac factory have not had in the past 15 years.