Yugoimport–SDPR | |
Native Name: | Serbian: Југоимпорт–СДПР Serbian: Jugoimport–SDPR |
Native Name Lang: | sr |
Type: | State-owned |
Industry: | Defense |
Foundation: | 1949 |
Location City: | Bulevar umetnosti 2, Belgrade |
Location Country: | Serbia |
Key People: | Jugoslаv Petković (General director) |
Products: | armoured vehicles artillery systems light trainer aircraft unmanned aerial vehicle small-caliber ammunition |
Services: | arms export and import engineering |
Revenue: | €137.53 million [1] |
Net Income: | €16.73 million |
Assets: | €462.57 million [2] |
Equity: | €159.48 million |
Owner: | Government of Serbia (100%) |
Num Employees: | 1,346 |
Subsid: | Borbeni složeni sistemi Utva Aviation Industry Belom Jugoimport livnice Kovački centar Potisje precizni liv PMC Inženjering Atera plus Kipal |
Footnotes: | [3] |
Yugoimport–SDPR (Serbian: Југоимпорт–СДПР|Jugoimport–SDPR) is a Serbian state-owned weapons manufacturer as well as intermediary company for the import and export of defense-related equipment. It is headquartered in Belgrade, with production facilities in Velika Plana, Kuršumlija, Uzići and Pančevo.
The company was founded in 1949 by the decree of the Prime Minister of Yugoslavia Josip Broz Tito, with the primary goal of importing parts and raw materials for the needs of the domestic military industry. Over time, domestic production outgrew the needs of the domestic market, so Yugoimport started orienting towards foreign markets. Yugoimport started exporting weapons in 1953. By a state resolution in 1974, affairs related to the import and export of weapons were centralized within the framework of the newly formed Federal Directorate for Procurement (Serbian: Savezni direktorat za nabavke), where Jugoimport was also involved.
After several reorganizations, Yugoimport-SDPR became a fully owned state-company. During its history, the company made a business balance of approximately 22 billion dollars through the trade of weapons, equipment and technology.
The company works in cooperation with the Military Technical Institute in developing wide array of weapons, from artillery systems and armoured vehicles to trainer aircraft and unmanned aerial vehicles. Recent flagship products include Nora B-52 155 mm self-propelled howitzer, Lazar and Miloš multi-role armoured vehicles, Lasta 95 light trainer aircraft, Pegaz drone, and Premax 39 river patrol boat.
Manufacturing is organized through following subsidiary:
The company is the sole intermediary company that represents the Serbian government and Serbian military–industrial complex in the sphere of importation and exportation of defense equipment as well as technology transfers (through selling production licenses to foreign customers, such as those for MLRS M-87 Oganj to Iraq, for grenade launchers to Azerbaijan, small-caliber ammunition to India and Algeria).[6] [7] [8]
Yugoimport built many military and civilian objects in numerous countries around the world including airports, hospitals, command posts, including many civilian and military facilities for Iraq under Saddam Hussein's regime.[9] [10]
Engineering is organized through PMC Inženjering and Atera plus subsisidiaries.