Serbia's Vucic Confirms Milan Blagojevic - Namenska Plant Not for Sale Amid Investment Plans
DEFENSE
Serbian President Vucic stated the Milan Blagojevic - Namenska explosives and rocket fuel plant is not for sale, despite interest in acquiring 51% of the Lucani and Sloboda plants. He announced plans for two investment cycles at Namenska, emphasizing the importance of tri-base gunpowder production for the defense sector. The Serbian government will invest in modern equipment for the plant and assist in repaying its €35 million debt to the national power company EPS.

Mar 17, 2026, 1:19 PM