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IGMAN d.d. Konjic: Business revenues by the end of July 2024 exceed 130 million BAM

Konjic, July 15, 2024The business results for the first six months of 2024 confirm that IGMAN d.d. Konjic will remain a leader in the defence industry in 2024.

Another successful year demonstrates responsible business practices with visible growth results, positioning "IGMAN" as a crucial contributor to the economic development of Bosnia and Herzegovina for many years.

The management, closely analysing new trends in small arms ammunition development in response to demands from military and commercial markets, is consistently dedicated to strengthening the company in an increasingly competitive, innovative, and profitable global defence market.

In the first six months of 2024, "IGMAN" produced and sold ammunition worth 91 million BAM. An additional export of 40 million BAM is planned by the end of July, resulting in total business revenues surpassing 130 million BAM for the first seven months of 2024.

Regarding global markets and exports, it's noteworthy that "IGMAN" participates equally in international tenders with other manufacturers. Our customers include armed forces, police, and special forces of countries not under sanctions or embargoes. Currently, the largest export markets include the USA, Egypt, Saudi Arabia, Turkey, Iraq, and Malaysia...

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NEWS

Minister of Foreign Affairs of Bosnia and Herzegovina, Elmedin Konaković, paid a visit to the defense industry company "IGMAN" d.d. Konjic

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