Exports of military-industrial complex Croatia in 2014 reached a record level

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The value of military exports to Croatia last year exceeded 220 million US dollars, which is 10% higher than a year earlier – 195 million dollars.

Exports of military-industrial complex Croatia in 2014 reached a record level

Exports of military-industrial complex Croatia in 2014 reached a record level

With three quarters of all goods produced two leading Croatian company HS Product and Estan-Busch.

The main buyer of weapons and military equipment from both companies is the United States. So, HS Product for the year was set in the USA pistols and rifles new sample totaling over 100 million dollars, and Estan-Busch has successfully implemented 76 thousand military helmets totaling more than 100 million dollars.

Experts note that a positive factor, of course, is that we are talking about the new competitive designs that meet modern requirements and quality standards.

According to local economists, the military industry is becoming the leading article of Croatian exports.

Both companies have signed enough contracts in order to maintain high growth in sales in 2015.