Jugoimport

What Jugoimport does

Jugoimport-SDPR J.P. is a state-owned Serbian public enterprise founded on June 18, 1949, acting as the sole marketing-commercial integrator for Serbian defense industry products on global markets. The company is headquartered at Bulevar umetnosti 2, Belgrade, wholly owned by the Republic of Serbia, with the Director appointed by the Government. It operates through three core subsidiaries — Utva Aero Industry (aircraft), PMC Inzenjering (military infrastructure), and Borbeni Slozeni Sistemi (complex combat systems) — and is vertically integrated across the domestic defense manufacturing base, including the Military Technical Institute and Technical Testing Center for testing and certification.

The company's product portfolio spans armored combat vehicles (Miloš 4x4, Miloš 2, Lazar 3/3M 8x8, Lazanski 8x8 IFV, Aleksandar Ujedinitelj), self-propelled artillery (Nora B52, Nora B52 M21, Nora B52 NG 155mm), multiple launch rocket systems (Tamnava 122/262mm, Šumadija 400mm in development), loitering munitions and anti-tank guided missiles (Gavran, ALAS, Nova), trainer and utility aircraft (Lasta, Sova), UAVs, fast multi-role naval boats, and ammunition. Several platforms meet Stanag 4569 protection levels (up to Level IV) and the company holds SRPS ISO 9001:2015 certification. Services include technology transfer, repair and modernization, military infrastructure construction, training, and R&D/testing.

The revenue model is hardware sales through direct government-to-government contracts, with pricing negotiated contract-by-contract and final configurations customized per buyer. Go-to-market relies on participation in international defense exhibitions (EUROSATORY, IDEX, PARTNER, ADEX, DSA, SEAS) and bilateral defense cooperation agreements. Primary customers are the Serbian Ministry of Defense, Ministry of Interior, and Serbian Armed Forces domestically, with named international buyers including Azerbaijan, Cyprus, Kazakhstan, the UAE, Egypt, India, Slovakia, and Eswatini. A 51/49 joint venture with Israel's Elbit Systems is scheduled to begin drone production in Simanovci in April 2026, including technology transfer to Serbian engineers.

Name

Jugoimport

Legal name

Jugoimport SDPR J.P.

Website

https://yugoimport.com

Company type

Private

Founded year

1949

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Jugoimport-SDPR is a Serbian state-owned defense integrator founded in 1949, serving as the sole authorized exporter of Serbian defense products. It supplies armored vehicles, artillery, rocket systems, loitering munitions, aircraft, and related services to government defense ministries and armed forces worldwide.

Ownership category

akta.pro rank

Product category

Defense Equipment Manufacturing and Integration

NAICS

Guided Missile and Space Vehicle Manufacturing (336414), Military Armored Vehicle, Tank, and Tank Component Manufacturing (336992), Guided Missile and Space Vehicle Propulsion Unit and Propulsion Unit Parts Manufacturing (336415), Other Guided Missile and Space Vehicle Parts and Auxiliary Equipment Manufacturing (336419), Search, Detection, Navigation, Guidance, Aeronautical, and Nautical System and Instrument Manufacturing (334511)

SIC

Guided Missiles & Space Vehicles & Parts (3760), Ordnance & Accessories, (No Vehicles/Guided Missiles) (3480), Search, Detection, Navagation, Guidance, Aeronautical Sys (3812)

akta.pro primary industry

Guided Missile & Rocket Manufacturing (IMABAHAA)

akta.pro secondary industries

Tactical & Strategic Missile Systems (IMABAHAB), Artillery, Mortar & Tank Munitions (IMABAHAH), Turrets, Remote Weapon Stations (RWS) & Armament Integration (IMABAJAI), Ammunition Manufacturing (Small-, Medium- & Large-Caliber) (IMABAHAG), Defense Acquisition, Procurement & Contracting (BPAIAHAB)

Keywords

• Defense equipment trading
• Armored combat vehicles
• Artillery systems
• Defense technology transfer
• Unmanned aerial systems

Headquarters

HQ city

Belgrade

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Supply Chain, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Defense Equipment Import/Export Trade: Core business of international trade in armaments, military equipment, and defense technology. The company serves as the primary integrator for Serbian defense industry products on world markets since 1953.
2. Complex Combat Systems Development and Production: Since 2012, the company has established new subsidiaries and invested heavily in new production capacities to develop and organize production of complex combat systems.
3. Defense Equipment for Serbian Armed Forces: Equipping the Ministry of Defense and Ministry of Interior of the Republic of Serbia with complex combat systems from own development and production, as well as from imports.
4. Drone Manufacturing Joint Venture: Joint venture with Elbit Systems (51% Elbit, 49% SDPR) for drone production in Serbia, expected to begin production in April 2026.
5. Defense Services: Services including research and development, repair and modernization, training, military infrastructure design and construction, defense technology transfer, information security, and testing services.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels4 records

Core offering

Jugoimport-SDPR J.P. is the Serbian state-owned integrator of the domestic defense industry, manufacturing and trading military equipment including armored combat vehicles (Miloš, Lazar, Lazanski), self-propelled artillery (Nora B52 family), multiple rocket launchers (Tamnava), unmanned aerial vehicles and loitering munitions (Gavran, ALAS, Nova), aircraft (Lasta, Sova), naval vessels, and ammunition. The company also delivers defense services such as technology transfer, military infrastructure construction, equipment repair and modernization, training, and research, development and testing.

Product overview

Jugoimport-SDPR J.P. is a Serbian state-owned defense company (founded 1949) that serves as an integrator of the Serbian defense industry on the world market. The company offers a comprehensive portfolio of military products including armored vehicles (Miloš, Miloš 2, Lazar 3, Lazar 3M, Lazanski, Aleksandar Ujedinitelj), self-propelled artillery systems (Nora B52, Nora B52 M21, Nora B52 NG), multiple rocket launchers (Tamnava, Šumadija), attack drone-missiles (Gavran/Raven, ALAS, Nova), aircraft (Lasta, Sova), UAVs (Sтраsljen, Vrabac, Kobac, Komarac, Obad), fast boats, and various ammunition. Services include technology transfer, military infrastructure development, repair/modernization, training, and research/testing. The company operates as a marketing-commercial integrator for Serbian defense industry exports and develops complex combat systems through subsidiaries and partnerships.

Differentiator

Problem solved

Functional benefit

Products and services

• Miloš Armored Combat Vehicle 4x4 Multirole armored tactical vehicle 4x4 with maximum weight of 14 tonnes, Stanag 4569 Level III protection, and capacity for 8 crew members. Equipped with a remote-controlled 12.7mm machine gun weapons station. Sold to government defense customers.
• Miloš 2 Armored Combat Vehicle
• Lazar 3 Multi-role Armored Vehicle 8x8
• Lazar 3M Infantry Fighting Vehicle Infantry fighting vehicle 8x8 with 30mm remote controlled weapon station (RCWS) and combat mass of 28 tonnes with modular protection system. Sold to government defense customers.
• Lazanski Infantry Fighting Vehicle 8x8
• Aleksandar Ujedinitelj Tactical Armored Vehicle New tactical armored vehicle designed for various combat missions, added to the Yugoimport-SDPR product range. Sold to government defense customers.
• Nora B-52 Self-propelled Gun-Howitzer 155mm
• Nora B-52 M21 Self-propelled Artillery
• Nora B-52 NG Self-propelled Artillery Weapon 155mm Next generation self-propelled artillery weapon 155mm with combat mass of 41 tonnes, rate of fire 4-5 rounds/min, and 30 projectiles in automatic loader plus 12 additional. Sold to government defense customers.
• Tamnava Multiple Launch Rocket System 122/262mm
• Gavran (Raven) Combat UAV-Missile
• Lasta Trainer Aircraft
• Sova Trainer and Utility Aircraft
• Fast Multi-Role Boats
• Defense Technology Transfer Services
• Military Infrastructure Construction
• Repair and Modernization Services
• Training and Professional Development Services
• Research, Development and Testing Services

Quantifiable outcome

• Serbian arms exports to Israel reaching tens of millions of euros annually
• +1 more outcomes

Named customers6 records

Segments2 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature15 records

Partnerships

Nine partnerships are on record, tiered core and minor.

• Elbit SystemscoreStrategic or Co-development Partner · 7 April 2026Israeli defense company Elbit Systems holding 51% majority stake in joint venture with Serbia's state-owned SDPR company for drone manufacturing. Factory to be located in Simanovci at Pink Media Group's industrial site. Will produce two types of unmanned aerial vehicles for short-range and long-range missions. Includes technology transfer to Serbian engineers. Production expected to begin April 2026.
• Kazakhstan Defense SectorcoreStrategic or Co-development Partner · 27 February 2026Defense sector cooperation agreements signed for repairing and modernizing self-propelled artillery systems and technology transfer for high-energy materials production. Bilateral trade turnover increased by over 7% following Tokayev's visit to Belgrade in November 2024.
• Azerbaijan Defense SectorcoreStrategic or Co-development Partner · 27 February 2026Cooperation agreement with Azerbaijan for construction of gas-turbine power plant near Niš as part of Serbia's energy diversification strategy, with completion targeted for 2029. Joint tactical training of artillery units of Serbian Armed Forces and Armed Forces of Azerbaijan for combat use of Nora self-propelled howitzers.
• Kazakhstan InvestminorStrategic or Co-development Partner · 26 February 2026Kazakhstan Invest and Serbian pharmaceutical companies negotiating localization of pharmaceutical production in Kazakhstan. Multiple cooperation agreements covering defense, technology (digital transformation), and biotechnology sectors.
• PMC InženjeringcoreImplementation/ SI/ Consulting PartnerSubsidiary of Jugoimport-SDPR founded in 1993, specializing in project management and construction works. Handles military infrastructure construction, design and construction of industrial facilities. Provides support to business partners in achieving their goals.
• Serbian Defense Industry EnterprisescoreStrategic or Co-development PartnerClose cooperation with all defense industry enterprises and manufacturers (NVO producers). The company serves as marketing-commercial integrator for Serbian defense products on world markets.
• Military Technical Institute (Vojnotehnički Institut)coreTechnology or IntegrationDefense research institution included in Jugoimport-SDPR's service delivery network for testing, development, and certification of defense products.
• Technical Testing Center (Tehnički opitni centar)coreTechnology or IntegrationCenter for testing armaments and military equipment, certification of technical products, and calibration of measuring equipment, integrated into Jugoimport-SDPR's service network.
• Military Academy (Vojna akademija)minorImplementation/ SI/ Consulting PartnerSerbian Military Academy included in service delivery network for training and education of defense personnel.

Scale indicators3 records

Recent moves8 records

Expansion highlights6 records

Direct peers

• Elbit Systems: Israeli defense electronics and UAV major that is Jugoimport's 51% joint-venture partner in the Simanovci drone factory. Direct overlap in UAVs, C4ISR, and precision-guided munitions, and competing for similar Eastern European and Balkan tenders.
• Rosoboronexport: Russian state-owned defense export agency; the closest functional analogue to Jugoimport as a single state integrator channeling domestic defense OEM exports globally. Competes for similar emerging-market (Asia, Africa, Middle East) defense procurement.
• FNSS Savunma Sistemleri: Turkish armored combat vehicle manufacturer (joint venture between Nurol and BAE) producing 4x4, 6x6, and 8x8 platforms with modular protection and weapon stations - directly comparable to Jugoimport's Miloš, Lazar 3, and Lazanski families.

Emerging players

• Turkish Aerospace Industries (TUSAŞ/TAI): Turkish state-affiliated aerospace and defense integrator producing trainer aircraft, UAVs (Anka, Aksungur), and armored platforms - overlapping with Jugoimport's Lasta/Sova trainer and UAV portfolios and competing in similar export markets.
• Hanwha Defense: Korean manufacturer of K9 self-propelled howitzers, K2 tanks, and armored vehicles - directly competes with Jugoimport's Nora and Lazar product lines in global artillery and armored vehicle tenders.

Broad incumbents

• Krauss-Maffei Wegmann (KMW): German manufacturer of Leopard 2 tanks, Boxer 8x8, and Puma IFV - overlapping with Jugoimport's Lazanski, Lazar, and Miloš families at the higher-end of the armored vehicle market and competing for NATO-aligned customers.
• Nexter Systems: French manufacturer of Caesar 155mm self-propelled howitzers, Leclerc tanks, and VBCI - directly competing with Jugoimport's Nora B-52 line in the global 155mm artillery export market.
• Rheinmetall: German global defense prime with broad armored vehicle (Lynx, Boxer), artillery (PzH 2000), and ammunition portfolios - overlapping with most of Jugoimport's product lines and the most formidable competitor in NATO-aligned tenders.

Regional players

• Polska Grupa Zbrojeniowa (PGZ): Polish state-owned defense holding group integrating Polish defense OEMs across armored vehicles, artillery, and munitions - the closest Central European functional analogue to Jugoimport's integrator role.
• Bumar Group: Polish state-affiliated defense manufacturer producing Krab self-propelled howitzers, armored vehicles, and missiles - directly comparable to Jugoimport's artillery and armored vehicle portfolio within the CEE defense ecosystem.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UCW1-8S7_SIxCdEiWM9k__fA
• LinkedInlinkedin.com/company/jugoimport-sdpr-j-p

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Jugoimport