THE GERMANY'S UMAREX WILL EXPAND OWNERSHIP IN POBJEDA-SPORT DEAL

The Government of FB&H gave the green light to Germany's Umarex to acquire more than 49% of local ammunition maker Pobjeda-Sport. The Government of FB&H gave the green light to Germany's Umarex to acquire more than 49% of local ammunition maker Pobjeda-Sport.

The deal will enable the supply of state-of-the-art equipment to the Bosnian plant, the development of new products and creation of new jobs.

Umarex Sportwaffen manufactures air guns, tear-gas and signal pistols, and paintball markers under the RAM brand.
Pobjeda-Sport Is based in Gorazde.