Sloboda (defense company)

The production was greatly reduced during the 1990s breakup of Yugoslavia, when Western countries imposed sanctions on Serbia and Montenegro.

[citation needed] In 2016, one of its destroyed facilities was reconstructed and put into operation.

During 2017, the Government of Serbia invested two million euros in company's modernization, for the needs of defense industry.

[9] On 4 June 2021 (in early morning around 1:30 AM), there were series of explosions in an ammunition depot, which caused a huge fire.

[10] On 19 June 2021 (in the afternoon around 8 PM) there was one big explosion at gunpowder depot; three employees were hurt.