Vucic says no sale of military industry plant

Vucic said the Milan Blagojevic – Namenska explosives and rocket fuel plant is not for sale. He said the offers are for 51 percent of the plant in Lucani and the Sloboda plant in Cacak. He said he never saw that much interest in his life.

According to Vucic, the Namenska plant will see 2 new investment cycles primarily for the production of tri-base gunpowder which he said is crucial to the defense industry and the military. He said the government wants to buy state of the art equipment for the plant. He added that the government will help Namenska pay its 35 million Euro debt to the national power company EPS.

Local elections are scheduled to be held in Lucani on March 29.