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Notice on the Resumption of Raw Material Supply and Stabilization of Production

Konjic, September 9, 2025 – The defense industry company IGMAN d.d. Konjic informs the public, business partners, and its employees that, following a temporary production halt caused by the suspension of gunpowder deliveries from the Republic of Serbia, significant progress has been made in resolving the issue.

According to official information provided by the Prime Minister of the Federation of BiH, Mr. Nermin Nikšić, following direct talks with the President of the Republic of Serbia, Mr. Aleksandar Vučić, an agreement has been reached to lift the export ban on gunpowder to Bosnia and Herzegovina within 48 hours. This will enable the continuation of regular deliveries of this key raw material for our production, which is of crucial importance for meeting existing contractual obligations and maintaining business stability.

Due to the previous suspension of gunpowder deliveries, the company was compelled to require the majority of employees to use their remaining annual leave, in order to manage costs effectively under extraordinary circumstances. We extend our gratitude to our employees, partners, and the public for their understanding, as well as to the Government of the Federation of BiH for its swift response and diplomatic engagement. We express particular appreciation to the Prime Minister of the Federation of BiH, Mr. Nermin Nikšić, who, through his commitment and dedication, has once again demonstrated his genuine determination to support IGMAN. As a native of Konjic and a long-standing friend of our company, Prime Minister Nikšić has repeatedly shown his understanding of IGMAN’s importance for the local community as well as for the defense industry of Bosnia and Herzegovina.

IGMAN d.d. Konjic remains committed to stable operations, honoring contracts, safeguarding jobs, and advancing the domestic defense industry. The goal of the new IGMAN management is to ensure production stability and prevent similar disruptions in the future, amid growing geopolitical tensions, through diversification of raw material supply, including ongoing intensive negotiations with alternative gunpowder producers in Europe and beyond.

IGMAN employees will be promptly informed of all further steps and the resumption of regular production activities through internal communication channels.

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NEWS

Notice on the Resumption of Raw Material Supply and Stabilization of Production

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