“THE STATE WILL NEVER GIVE UP MAJORITY OWNERSHIP” Vucic at MB Namenska factory in Lučani with employees: We are investing 100 million, average salary 142,000 (PHOTO) President Aleksandar Vučić visited the MB Namenska factory in Lučani, announcing a significant state investment of 100 million euros for its development due to its strategic importance to Serbia. He highlighted the substantial increase in average salaries from 46,000 dinars to 142,000 dinars over the past decade and discussed plans for technological advancement, including new investment cycles for essential materials like three-base gunpowder. Vučić emphasized the factory’s role in maintaining peace through a strong defense industry and assured employees that the state would retain majority ownership while investing in modern equipment and future projects.

• President Vučić visited the MB Namenska factory in Lučani.
• The state will invest 100 million euros in the factory’s development.
• The factory is considered strategically important for Serbia’s defense and peace.
• Average salaries have risen from 46,000 to 142,000 dinars in about 12 years.
• Discussions included investments in new equipment, particularly for three-base gunpowder.
• The state will not give up majority ownership of the factory.
• Plans include technological upgrades, digitalization, and potentially addressing issues like coal dust.
• The factory’s production contributes to Serbia’s defense capabilities and national strength.