Sheikh to buy luxury arms from Kragujevac

(Photo: zastava-arms.rs)

- Our business partner, the International Golden Group factory from the United Arab Emirates, placed an order for 10 such machine guns - five gold and five silver ones, and one of these gold machine guns has ended in Sheikh Mohammed's collection - said Gromovic.

Gromovic also pointed out that Sheikh Mohammed bin Zayed was giving a significant contribution to the raising of cooperation with the UAE to a higher level.

Hand engraved arms, whose price can reach up to EUR 25,000 if they contain gold or silver, are marketed by the Kargujevac-based factory in almost all 40 countries where Zastava Arms exports its standard portfolio of hunting and sports arms.

Zastava Arms plans to generate about USD 40 million from the export of goods and services this year.

Gromovic stressed that his factory had exported USD 9.5 million worth of products in Q1 2014, up 8 percent from the same period in 2013.