Sunday, November 3, 2024
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Four of ten military industry companies make profit

Financial results for the first six months of this year of companies that operate within the military industry of the Federation of BiH showed that only two of eight companies, owned by the Government, operated positively.

Only companies “Igman” Konjic and “Unis Ginex” Gorazde made surplus, but they also recorded a decline in revenues, according to data by FBiH Ministry of Energy, Mining and Industry.

“Igman” made profit of 2.2 million KM in the first half of the year, and revenues in the amount of 16.8 million KM. Profit last year amounted to 8.3 million KM and revenues were 70.8 million KM.

“Unis Ginex” made 3.9 million KM of profit in the first half of 2015.

“Pretis” Vogosca makes continuous losses, although it has received 50 million KM loans from FBiH Government in the last five years to launch production and implement contracts.

Last year it made 8.3 million KM of losses.

Losses of BNT Novi Travnik amounted to 609,440 KM in the first six months of this year, of “Binas” Bugojno 2 million KM, Zrak Sarajevo 1.4 million KM, and of TRZ Hadzici 174,953 KM.

When it comes to two private companies, “Pobjeda Technology” made profit of 494,261 KM in the first half of the year while revenues amounted to 7.7 KM. “Pobjeda Rudet” made profit of 242,559 KM.

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