Here's some infos about Zastava - Remington saga;
http://www.canadiangunnutz.com/forum/showthread.php/958222-Zastava-s-post-Remington-story
9/1/2006
Zastava Arms to USA and Canada
First shipment from Zastava Arms to USA and Canada departs on January 10. The first shipment of Zastava’s hunting and sports arms that will bear sign "remington by Zastava” will be delivered to the buyers in USA and Canada at the beginning of January 2006.
According to the unofficial information, about 3,000 hunting and small-caliber rifles will be delivered from Zastava Arms on January 10. Let us remind that the value of the commercial contract between Zastava and REmington, which relates to export of Zastava’s arms to North America’s markets, amounts to 3.2m USD.
HT TP://WWW.PIONEER-INVESTORS.COM/NEWS2.ASP?NEWSID=1896
3/1/2006
Export of products of Zastava Oružje to Remington started, soon transfer of technology for small-caliber rifles and shotguns
“Zastava Oružje” (Zastava Arms) expects that the total placement of goods and services in year 2006 will be worth about $19m USD, since it already received orders for $10m worth of products.
In 2005, this factory produced different types of classic arms and hunting and sports arms worth about $12m, 88% of which was exported. As for military arms, exports were made to armed UN forces for peace missions, and civilian arms were exported to almost all parts of the world.
The first shipment of 3,000 units of carbine and small-caliber arms, in the outline of the contract with the US company “Remington”, worth $3.2m, was completed these days. The first delivery, worth about $430,000, will be exported at the end of January by airplane, for the USA, and, as soon as the end of the month, will be offered for sale throughout the USA. In 2006, Kragujevac-based factory will have 8 deliveries for "Remington". It will be delivering arms without gunstocks, which are delivered in the units of that world-famous manufacturer.
The manager of the arms factory announced negotiations in February, at the Arms Fair in Las Vegas, with company "Remington" on transfer of American technology into units of Kragujevac-based factory and organization of production for three new products that are offered to "Zastava oružje" – two small-caliber rifles and a shotgun
HT TP://WWW.PIONEER-INVESTORS.COM/NEWS2.ASP?NEWSID=1785
SEPTEMBER 10, 2007 | 17:17
Zastava, Remington deal may change
SOURCE: TANJUG
KRAGUJEVAC -- Zastava Arms and U.S. gunmaker Remington may have to change their cooperation deal, it was annouced Monday.
A recent change in the ownership structure of the U.S. company through whom Zastava Arms has been exporting hunting rifles for the past two years to the U.S., Canada and Mexico, might affect their partnership.
Zastava Arms workers’ union said it was not yet known whether the business cooperation contract on exports in 2008 would be signed by December.
On Monday, the Kragujevac-based factory’s acting director, Zoran Aleksić, said that cooperation with Remington had not come into question.
“Even though our factory has not yet received an order for next year’s exports, we expect to sign the deal by December,” he said.
“Our team of experts will visit our American partners with a view to determining the amount of end-products we will have to deliver next year,” Aleksić said.
However, union representatives do not agree with this, stressing that the change in their U.S. partners’ ownership structure will have consequences for the deal.
“The new owner is asking for new products whose manufacture we have not yet mastered, even though we have new computerized equipment for gun assembly. We still don’t have enough time to produce what our partner is asking for,” Union President Jugoslav Ristić says.
He added that the existing contracts offer no protection to the Kragujevac factory.
“In a situation like this, where we have no idea of how many guns we will have to deliver next year in order to be able to launch their production now, the partner should pay penalty fines to our factory since it is he who contracted our capacities,” explains Ristić.
Aleksić said that samples of stainless steel rifles produced in Zastava using Remington technology were sent to the partner company for inspection, and a shipment of 6,000 rifles ordered at the beginning of this year will soon be exported.
Zastava Arms and Remington signed the business agreement in October 2005, according to which the U.S. gunmaker will sell Zastava’s sporting and hunting rifles programs in the U.S., Mexican and Canadian markets.
The two producers also agreed to jointly develop new models of sporting guns, exchange experience and introduce technical and technological innovations.
Both in 2005 and 2006, the two companies signed an annex to the agreement containing a precise amount of exports of hunting rifles for the following year.
Zastava Arms has exported 42,000 hunting rifles worth USD 6.5mn to the U.S. in 2006 and 2007.
The new majority owner of Remington is the Celebrus Group investment fund. Zastava workers believe the fund to be owned by U.S. President George Bush himself.
ht tp://www.b92.net/eng/news/business.php?yyyy=2007&mm=09&dd=10&nav_id=43658
NOVEMBER 19, 2008 | 21:41
Remington, Zastava suspend deal
SOURCE: TANJUG
KRAGUJEVAC -- U.S. gunmaker Remington has suspended until further notice its cooperation with the Zastava Oružje (Zastava Arms).
The decision came due the global financial crisis and the U.S. company's 35 percent sales drop, Zastava Oružje Director Rade Gromović told Tanjug on Wednesday.
"Remington informed us that they cannot meet their contractual obligations and proposed that we continue exporting to the U.S. market via their partner, European America, with whom we are negotiating to define the form of cooperation in December," Gromović stated.
According to him, over the past three years, the Kragujevac-based weapons manufacturer has exported over 40,000 pieces of hunting and sports weapons and small-caliber rifles, via its partnership with Remington.
"This year, the global financial crisis forced us to export about UDS 1mn, which is USD 2.2mn down on what was planned," Gromović set out.
Three years ago, the Serbian company and Remington signed a five-year contract and, since cooperation is now on stand-by, as he put it, the two companies "no longer have any obligations towards each other, nor do they have to bear the consequences of the frozen cooperation".
Zastava Oružje will end this business year with revenues of USD 26mn, USD 22mn from exports.
Serbia's Weapons Maker for Tito Draws U.S. Companies (Update1)
By Aleksandra Nenadovic - September 7, 2006 11:34 EDT
Sept. 7 (Bloomberg) -- U.S. companies are jostling to set up a joint venture with the Serbian arms producer that made rifles and pistols for the military under Yugoslav leaders including Josip Broz Tito and Slobodan Milosevic.
The state-owned company, Zastava Oruzje, plans to pick a partner by the end of this month to form a unit that will sell revolvers, hunting guns and long-range sniping rifles in the U.S., General Manager Dragoljub Grujovic said today. Seven U.S. companies have expressed interest, he said, without naming any.
``Zastava was exporting to the U.S. for years, but the wars ended that between 1991 to 2001,'' Grujovic said in a telephone interview. ``This is a great opportunity for us to renew our exports to the U.S., which is a giant market.''
Zastava Oruzje was founded 153 years ago as a foundry making canons with the Serb coat of arms, according to its Web site. It later made weapons for soldiers in both World Wars and a cheaper version of the AK-47 rifle for Yugoslav forces under Tito. The company then made equipment for troops under Milosevic, who died in March while on trial at the United Nations war crimes tribunal.
The factory is located in the city of Kragujevac, 100 kilometers (60 miles) south of the capital, Belgrade.
It's part of the larger Zastava conglomerate, which also produces cars, trucks and utility vehicles and suffered during export sanctions during Milosevic's rule. It was damaged during the North Atlantic Treaty Organization's bombing of former Yugoslavia in 1999, action designed to end the crackdown by Serbian troops against ethnic Albanians in the southern province of Kosovo. The company restarted production in 2000.
Remington Guns
The joint venture, to be called Zastava Arms USA, would only sell arms in the first year before producing its own weapons in the second year of operation, Grujovic said by telephone.
Zastava Oruzje, which exports to the U.S., Mexico, Africa and Asia, already has a contract with Remington Arms Company Inc., the oldest gun maker in the U.S., for 24,000 hunting rifles worth about $4 million going on sale this year.
``We're negotiating another contract for 2007,'' Grujovic said. `Our cooperation with Remington could help us double our sales in America,'' he said.
The Serbian government's press office said the initial contract was signed on Oct. 18, 2005. Remington, based in Madison, North Carolina, includes models 799 and 798 in its latest catalog, which Grujovic identified as Zastava's. Remington's information department said those guns are made in Serbia and will go on sale in the U.S. at the end of the current quarter.
Zastava Oruzje is boosting production of hunting and sporting arms by 50 percent within next few years, Grujovic said.
To contact the reporters on this story: Aleksandra Nenadovic in Belgrade at anenadovic@bloomberg.net;
To contact the editor responsible for this story: Chris Kirkham at ckirkham@bloomberg.net
SERBIAN ARMS MANUFACTURER MAKES A GOOD CONTRACT IN THE USA
By deejayiwan | Posted October 19, 2011
After a five-year break, the factory "Zastava Arms" returns to the prestige arms market of the United States.
Americans intend to buy rifles worth about $ 13 million.
The "Zastava Arms" say the deal agreed in principle with the mediation of SDPR, domestic exporting houses for sales of arms and military equipment.
Mid-year, business was marked by protests of disgruntled workers accumulation of goods in warehouses, because they could not obtain an export license. After the crisis of the nineties, they were brought in a difficult position. At the end of 2000. year with the famous company "Remington", signed an agreement on export rifles into the U.S., Canada and Mexico, but everything stopped in 2006.
The deal will be made concrete in the next two months, and in the factory, which exports 95 percent of their products, they say that this is a significant incentive for recovery.
The unions say the new factory contract guarantees a good export business, better working conditions and higher wages. "Zastava Arms" again returns to the big U.S. market after a five-year break.
In contrast to previous agreement with the" Remington "now it comes to military field " said the director.
"There has been a five-year plan that aligns more. Roughly, we need about 22 million euros for new technology or investment in new equipment and machinery, which could equally compete in the global market," says director
With the efficient issuance of export licenses, which is under the Ministry of Foreign Affairs, and the contracts they already have, here say they would quickly be able to operate without government subsidies.
CNN iReport Serbia
ht tp://ireport.cnn.com/docs/DOC-691336
After selling the remaining Remington to USSG (US Russian shotgun importers for Remington) - deal which ended pretty fast, actually... they re-started making business with Century Int'l Firearms - but apart the AK thing, they do not make much for the Zastava rifles...
http://www.canadiangunnutz.com/forum/showthread.php/958222-Zastava-s-post-Remington-story
9/1/2006
Zastava Arms to USA and Canada
First shipment from Zastava Arms to USA and Canada departs on January 10. The first shipment of Zastava’s hunting and sports arms that will bear sign "remington by Zastava” will be delivered to the buyers in USA and Canada at the beginning of January 2006.
According to the unofficial information, about 3,000 hunting and small-caliber rifles will be delivered from Zastava Arms on January 10. Let us remind that the value of the commercial contract between Zastava and REmington, which relates to export of Zastava’s arms to North America’s markets, amounts to 3.2m USD.
HT TP://WWW.PIONEER-INVESTORS.COM/NEWS2.ASP?NEWSID=1896
3/1/2006
Export of products of Zastava Oružje to Remington started, soon transfer of technology for small-caliber rifles and shotguns
“Zastava Oružje” (Zastava Arms) expects that the total placement of goods and services in year 2006 will be worth about $19m USD, since it already received orders for $10m worth of products.
In 2005, this factory produced different types of classic arms and hunting and sports arms worth about $12m, 88% of which was exported. As for military arms, exports were made to armed UN forces for peace missions, and civilian arms were exported to almost all parts of the world.
The first shipment of 3,000 units of carbine and small-caliber arms, in the outline of the contract with the US company “Remington”, worth $3.2m, was completed these days. The first delivery, worth about $430,000, will be exported at the end of January by airplane, for the USA, and, as soon as the end of the month, will be offered for sale throughout the USA. In 2006, Kragujevac-based factory will have 8 deliveries for "Remington". It will be delivering arms without gunstocks, which are delivered in the units of that world-famous manufacturer.
The manager of the arms factory announced negotiations in February, at the Arms Fair in Las Vegas, with company "Remington" on transfer of American technology into units of Kragujevac-based factory and organization of production for three new products that are offered to "Zastava oružje" – two small-caliber rifles and a shotgun
HT TP://WWW.PIONEER-INVESTORS.COM/NEWS2.ASP?NEWSID=1785
SEPTEMBER 10, 2007 | 17:17
Zastava, Remington deal may change
SOURCE: TANJUG
KRAGUJEVAC -- Zastava Arms and U.S. gunmaker Remington may have to change their cooperation deal, it was annouced Monday.
A recent change in the ownership structure of the U.S. company through whom Zastava Arms has been exporting hunting rifles for the past two years to the U.S., Canada and Mexico, might affect their partnership.
Zastava Arms workers’ union said it was not yet known whether the business cooperation contract on exports in 2008 would be signed by December.
On Monday, the Kragujevac-based factory’s acting director, Zoran Aleksić, said that cooperation with Remington had not come into question.
“Even though our factory has not yet received an order for next year’s exports, we expect to sign the deal by December,” he said.
“Our team of experts will visit our American partners with a view to determining the amount of end-products we will have to deliver next year,” Aleksić said.
However, union representatives do not agree with this, stressing that the change in their U.S. partners’ ownership structure will have consequences for the deal.
“The new owner is asking for new products whose manufacture we have not yet mastered, even though we have new computerized equipment for gun assembly. We still don’t have enough time to produce what our partner is asking for,” Union President Jugoslav Ristić says.
He added that the existing contracts offer no protection to the Kragujevac factory.
“In a situation like this, where we have no idea of how many guns we will have to deliver next year in order to be able to launch their production now, the partner should pay penalty fines to our factory since it is he who contracted our capacities,” explains Ristić.
Aleksić said that samples of stainless steel rifles produced in Zastava using Remington technology were sent to the partner company for inspection, and a shipment of 6,000 rifles ordered at the beginning of this year will soon be exported.
Zastava Arms and Remington signed the business agreement in October 2005, according to which the U.S. gunmaker will sell Zastava’s sporting and hunting rifles programs in the U.S., Mexican and Canadian markets.
The two producers also agreed to jointly develop new models of sporting guns, exchange experience and introduce technical and technological innovations.
Both in 2005 and 2006, the two companies signed an annex to the agreement containing a precise amount of exports of hunting rifles for the following year.
Zastava Arms has exported 42,000 hunting rifles worth USD 6.5mn to the U.S. in 2006 and 2007.
The new majority owner of Remington is the Celebrus Group investment fund. Zastava workers believe the fund to be owned by U.S. President George Bush himself.
ht tp://www.b92.net/eng/news/business.php?yyyy=2007&mm=09&dd=10&nav_id=43658
NOVEMBER 19, 2008 | 21:41
Remington, Zastava suspend deal
SOURCE: TANJUG
KRAGUJEVAC -- U.S. gunmaker Remington has suspended until further notice its cooperation with the Zastava Oružje (Zastava Arms).
The decision came due the global financial crisis and the U.S. company's 35 percent sales drop, Zastava Oružje Director Rade Gromović told Tanjug on Wednesday.
"Remington informed us that they cannot meet their contractual obligations and proposed that we continue exporting to the U.S. market via their partner, European America, with whom we are negotiating to define the form of cooperation in December," Gromović stated.
According to him, over the past three years, the Kragujevac-based weapons manufacturer has exported over 40,000 pieces of hunting and sports weapons and small-caliber rifles, via its partnership with Remington.
"This year, the global financial crisis forced us to export about UDS 1mn, which is USD 2.2mn down on what was planned," Gromović set out.
Three years ago, the Serbian company and Remington signed a five-year contract and, since cooperation is now on stand-by, as he put it, the two companies "no longer have any obligations towards each other, nor do they have to bear the consequences of the frozen cooperation".
Zastava Oružje will end this business year with revenues of USD 26mn, USD 22mn from exports.
Serbia's Weapons Maker for Tito Draws U.S. Companies (Update1)
By Aleksandra Nenadovic - September 7, 2006 11:34 EDT
Sept. 7 (Bloomberg) -- U.S. companies are jostling to set up a joint venture with the Serbian arms producer that made rifles and pistols for the military under Yugoslav leaders including Josip Broz Tito and Slobodan Milosevic.
The state-owned company, Zastava Oruzje, plans to pick a partner by the end of this month to form a unit that will sell revolvers, hunting guns and long-range sniping rifles in the U.S., General Manager Dragoljub Grujovic said today. Seven U.S. companies have expressed interest, he said, without naming any.
``Zastava was exporting to the U.S. for years, but the wars ended that between 1991 to 2001,'' Grujovic said in a telephone interview. ``This is a great opportunity for us to renew our exports to the U.S., which is a giant market.''
Zastava Oruzje was founded 153 years ago as a foundry making canons with the Serb coat of arms, according to its Web site. It later made weapons for soldiers in both World Wars and a cheaper version of the AK-47 rifle for Yugoslav forces under Tito. The company then made equipment for troops under Milosevic, who died in March while on trial at the United Nations war crimes tribunal.
The factory is located in the city of Kragujevac, 100 kilometers (60 miles) south of the capital, Belgrade.
It's part of the larger Zastava conglomerate, which also produces cars, trucks and utility vehicles and suffered during export sanctions during Milosevic's rule. It was damaged during the North Atlantic Treaty Organization's bombing of former Yugoslavia in 1999, action designed to end the crackdown by Serbian troops against ethnic Albanians in the southern province of Kosovo. The company restarted production in 2000.
Remington Guns
The joint venture, to be called Zastava Arms USA, would only sell arms in the first year before producing its own weapons in the second year of operation, Grujovic said by telephone.
Zastava Oruzje, which exports to the U.S., Mexico, Africa and Asia, already has a contract with Remington Arms Company Inc., the oldest gun maker in the U.S., for 24,000 hunting rifles worth about $4 million going on sale this year.
``We're negotiating another contract for 2007,'' Grujovic said. `Our cooperation with Remington could help us double our sales in America,'' he said.
The Serbian government's press office said the initial contract was signed on Oct. 18, 2005. Remington, based in Madison, North Carolina, includes models 799 and 798 in its latest catalog, which Grujovic identified as Zastava's. Remington's information department said those guns are made in Serbia and will go on sale in the U.S. at the end of the current quarter.
Zastava Oruzje is boosting production of hunting and sporting arms by 50 percent within next few years, Grujovic said.
To contact the reporters on this story: Aleksandra Nenadovic in Belgrade at anenadovic@bloomberg.net;
To contact the editor responsible for this story: Chris Kirkham at ckirkham@bloomberg.net
SERBIAN ARMS MANUFACTURER MAKES A GOOD CONTRACT IN THE USA
By deejayiwan | Posted October 19, 2011
After a five-year break, the factory "Zastava Arms" returns to the prestige arms market of the United States.
Americans intend to buy rifles worth about $ 13 million.
The "Zastava Arms" say the deal agreed in principle with the mediation of SDPR, domestic exporting houses for sales of arms and military equipment.
Mid-year, business was marked by protests of disgruntled workers accumulation of goods in warehouses, because they could not obtain an export license. After the crisis of the nineties, they were brought in a difficult position. At the end of 2000. year with the famous company "Remington", signed an agreement on export rifles into the U.S., Canada and Mexico, but everything stopped in 2006.
The deal will be made concrete in the next two months, and in the factory, which exports 95 percent of their products, they say that this is a significant incentive for recovery.
The unions say the new factory contract guarantees a good export business, better working conditions and higher wages. "Zastava Arms" again returns to the big U.S. market after a five-year break.
In contrast to previous agreement with the" Remington "now it comes to military field " said the director.
"There has been a five-year plan that aligns more. Roughly, we need about 22 million euros for new technology or investment in new equipment and machinery, which could equally compete in the global market," says director
With the efficient issuance of export licenses, which is under the Ministry of Foreign Affairs, and the contracts they already have, here say they would quickly be able to operate without government subsidies.
CNN iReport Serbia
ht tp://ireport.cnn.com/docs/DOC-691336
After selling the remaining Remington to USSG (US Russian shotgun importers for Remington) - deal which ended pretty fast, actually... they re-started making business with Century Int'l Firearms - but apart the AK thing, they do not make much for the Zastava rifles...
