Our Company Acquires “Holding company Prva iskra ad Baric – in bankruptcy”
We are excited to announce that on December 29, 2020 the company “Prva iskra – namenska proizvodnja a.d.” Baric bought “Holding company Prva iskra ad Baric – in bankruptcy” in order to correct the great injustice inflicted on our company, as a company from which all other companies emerged during the development of the high explosives factory. This was a great day for the Defense Industry of Serbia and for our company.
After the purchase of the company “Prva iskra – process equipment” in 2018, the acquisition of “Holding company Prva iskra ad Baric – in bankruptcy” is the crown of our company’s business and another incentive for employees and management to continue to build and improve not only Prva iskra – namenska a.d., but also to influence the development of the entire Serbian economy.
The complete statement in Serbian can be read below.
The Statement in Serbian by Defence Industry Group of Serbia on August 8, 2020
Regarding to the continuous attacks on every concluded business contract of the factories of Defence Industry Group of Serbia, we would like to announce a new statement of Defence Industry Group of Serbia.
We have always competed with the numerous foreign more powerful and richer companies and lobbyists than we are and, in that competitions, we have always found our place on a very difficult market of arms and military equipment.
Besides foreign companies and lobbyists, it is a novelty for us that numerous domestic lobbyists and politicians are doing their best to exclude us from the market by publishing fake news about very bad business contracts of Defence Industry Group of Serbia.
The complete statement in Serbian can be read below.
Defence Industry Group of Serbia
We would like to announce the Defence Industry Group of Serbia, comprised of majority state- or socially-owned manufacturers of weapons and military equipment, has been recently established by the Serbian government.
The goal of its establishment is to meet the strategic interests of the Republic of Serbia in the field of the production of weapons and military equipment.
The Defence Industry Group of Serbia includes more than 15 manufacturers with the majority state- or socially-owned capital, the holders of defence and base technologies. One of the holders of defence technologies in the Defence Industry Group of Serbia is the company Prva iskra – namenska proizvodnja a.d. Baric, the manufacturer of high explosives.
The statement in Serbian can be read below.
Prva Iskra – Namenska A.D. awarded for the highest class of creditworthiness in 2019
The company “Prva iskra – namenska proizvodnja a.d.” was awarded for the highest class of creditworthiness in Serbia by the company Bisnode, the Europe’s most widely used company rating.
Our company meets the criteria for excellence in creditworthiness in 2019, and is one of the most reliable business entities in Serbia, entitled to use the internationally recognized AAA status, which represents the global standard of excellence in creditworthiness.
Companies with excellence in creditworthiness achieve above-average results and are highly unlikely to experience any of the following events in the next twelve months:
- bankruptcy, compulsory settlement or liquidation (< 0,08% probability)
- deletion of the entity from the companies register (< 0,81% probability)
- freezing of bank accounts for over 90 days and listing as tax defaulter (< 0,41% probability)
Prva iskra – namenska a.d. at the military exhibition PARTNER 2019
We are proud to announce we have held very successful meetings with our business partners at the recently closed 9th International Fair of Armaments and Defense Equipment (PARTNER 2019) in Belgrade, Serbia.
It was definitely the most visited military exhibition in this region ever.
See you again 2021!
Prva iska – namenska a.d. as the exhibitor at IDEX 2019
The company Prva iskra – namenska proizvodnja a.d. participated, as the exhibitor of high explosives at the booth of Yugoimport – SDPR, in the military exhibition in Abu Dhabi, at IDEX 2019.
We thank to all our business partners for successful held meetings at IDEX 2019 and for the further business cooperation.
Implementation of ISO & OHSAS Systems
We are excited to announce the implementation of Environmental Management Systems – ISO 14001:2015 and Occupational Health and Safety Management Systems – OHSAS 18001:2007 in our company, certified by Serbian Military Quality Control.
We are proud to have achieved this recognition and will continue to utilize these management systems to support our staff and clients.
The Chief of General Staff of Serbian Armed Forces visited our company
The Chief of General Staff of Serbian Armed Forces, Mr. General Ljubisa Dikovic, has visited Prva iskra – namenska proizvodnja a.d. Baric, the most significant manufacturer of the Serbian Defence Industries.
The topics discussed at the meeting included business results and future plans of the company, as well as further development of production capacities.
Our company acquires ex-process equipment factory
The consortium of Prva iskra – namenska proizvodnja a.d. and company Insa acquire the former process equipment factory in Baric.
This acquisition can have a profound effect on the company Prva iskra – namenska proizvodnja a.d. by expanding its production portfolio for military and civil use.
The Expo Russia-Serbia 2018
The company Prva Iskra – Namenska proizvodnja a.d. took part in the fifth business forum Expo Russia-Serbia 2018, which is held at the Metropol Hotel in Belgrade, from 14th to 16th March.
It was great opportunity to meet with Russian companies from the oil and gas industry and to discuss about possibility to supply them with special types of high explosives.
The Serbian Minister of Defence, Aleksandar Vulin, pointed out very good the military-technical cooperation between Serbia and Russia.