Drooid Logo
Back to today’s briefing

Story perspectives

Serbia opens Elbit drone assembly plant despite ownership dispute

By Drooid · · How we work

16 2 Full Breakdown

1 of 1

Story summary
  • Serbian President Aleksandar Vucic opened a joint drone assembly factory with Israeli Elbit Systems.
  • Elbit Systems holds a 51% stake while state-owned Jugoimport SDPR holds 49%.
  • The plant employs about 100 workers, creating 100 jobs, announced on Instagram September 17.
  • Serbia signed a $1.6 billion arms contract with Israel, raising 2025 exports to €114 million.
  • Elbit Systems denied any ownership or partnership with the Serbian UAV facility despite its executive attending the opening.