economy

March 16, 2026

Vučić: The state will help two new investment cycles in the "MB-Namenska" factory in Lučani

According to him, the company is not in a bad condition, and the state will help to resolve the debt to EPS of about 35 million euros.

Vučić: The state will help two new investment cycles in the "MB-Namenska" factory in Lučani

TL;DR

  • State support is planned for two new investment cycles at the "Milan Blagojević - Namenska" factory in Lučani.
  • The investments are primarily focused on three-base gunpowder, considered critical for the defense industry and the army.
  • The state will assist in settling a debt of approximately 35 million euros owed to EPS.
  • The factory is state-owned, employs 1,300 people, and is 85% export-oriented, cooperating with over 30 countries.
  • The company has a history of modernization, including capacity increases for rocket fuels and propellants, and production of nitrocellulose, various types of gunpowder, rocket fuels, and other specialized products.
  • The factory holds quality, environmental, and occupational health and safety certifications (SRPS ISO 9001, SORS 9000, SRPS ISO 14001, SRPS ISO 45001) and adheres to EU REACH Directives.