Export of products of Zastava Oružje to Remington started, soon transfer of technology for small-caliber rifles and shotguns ?

“Zastava Oružje” (Zastava Arms) expects that the total placement of goods and services in year 2006 will be worth about $19m USD, since it already received orders for $10m worth of products.

In 2005, this factory produced different types of classic arms and hunting and sports arms worth about $12m, 88% of which was exported. As for military arms, exports were made to armed UN forces for peace missions, and civilian arms were exported to almost all parts of the world.

The first shipment of 3,000 units of carbine and small-caliber arms, in the outline of the contract with the US company “Remington”, worth $3.2m, was completed these days. The first delivery, worth about $430,000, will be exported at the end of January by airplane, for the USA, and, as soon as the end of the month, will be offered for sale throughout the USA. In 2006, Kragujevac-based factory will have 8 deliveries for "Remington". It will be delivering arms without gunstocks, which are delivered in the units of that world-famous manufacturer.

The manager of the arms factory announced negotiations in February, at the Arms Fair in Las Vegas, with company "Remington" on transfer of American technology into units of Kragujevac-based factory and organization of production for three new products that are offered to "Zastava oružje" – two small-caliber rifles and a shotgun.