Krušik (company)
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{{Infobox company
| name = Krušik
| logo = File:Krušik Valjevo logo.jpg
| logo_caption =
| image =
| image_caption =
| trading_name =
| native_name = Крушик
| native_name_lang = sr
| romanized =
| former type =
| type = Government owned
| traded_as =
| industry = Defense
| genre =
| fate =
| predecessor = Vistad (1939–48)
| successor =
| foundation = {{Start date and age|1948|01|23|df=yes}} {{small|(Current form)}}
{{Start date and age|1939|02|22|df=yes}} {{small|(Founded)}}
| founder = Nikola Stanković
| defunct =
| location_city = Vladike Nikolaja 59, Valjevo
| location_country = Serbia
| locations =
| area_served = Worldwide
| key_people = Jovanka Andrić (General director)
| products = Anti-tank missile
Mortars
Munitions
Rocket artillery
| production =
| services = Production, consultancy, research
| revenue = {{increase}} €94.81 million {{small|(2018)}}{{cite web |title=СТО НАЈ... привредних друштава у Републици Србији у 2018. години |url=https://apr.gov.rs/upload/Portals/0/GFI%202019/STO_NAJ/STO_NAJ_2018_16102019.pdf |website=apr.gov.rs |accessdate=28 November 2019 |language=Serbian }}
| operating_income =
| net_income = {{decrease}} €3.90 million {{small|(2018)}}
| aum =
| assets = {{increase}} €120.54 million {{small|(2018)}}
| equity = {{increase}} €32.88 million {{small|(2018)}}
| owner = Government of Serbia (100%)
| num_employees = 3,025 {{small|(2018)}}
| parent =
| divisions =
| subsid =
| homepage = {{URL|http://www.krusik.rs}}
| footnotes =
| intl =
| bodystyle =
}}
Krušik Holding Corporation ({{langx|sr|{{lang|sr-Cyrl|Холдинг корпорација Крушик}} / {{lang|sr-Latn|Holding korporacija Krušik}}}}) is a Serbian state-owned company for the production of defense and civil related equipment, with the headquarters in Valjevo, Serbia.
The company was founded in 1939 in what was then Kingdom of Yugoslavia, for the needs of then Yugoslavia defense industry and army. Today the company represents the Government and military–industrial complex of Serbia in the sphere of production of defense and civil equipment. The company works together with the Serbian Armed Forces, Military Technical Institute, Yugoimport SDPR and many other private companies in Serbia and around the world to produce new weapons and systems. The company also provides weapons design, joint participation in sales and manufacturing technology transfer.
History
In 1939 a company named "Vistad" in Valjevo was founded by engineer Nikola Stanković. It produced small caliber (12 kg) aircraft bomb, hand offensive grenades, infantry rifle ammunition. During WWII, farm equipment was produced.[http://ubsm.bg.ac.rs/ID/2013/max/2013-0306.jpg "Srpski narod", 22. jula 1944]. ubsm.bg.ac.rs (JPG file, Serbian) After WWII factory was nationalized and renamed to Military-Technical Institute of Valjevo. In 1948 the company was registered under the name of “Krušik”.
In 1999, the company's facilities were heavily destroyed during the NATO bombing of Yugoslavia.{{cite news |last1=Anđelković |first1=Nataša |title=Kako je valjevski "Krušik" uspeo da se digne iz pepela posle bombardovanja 1999. godine |url=https://www.bbc.com/serbian/lat/srbija-47873982 |accessdate=1 May 2019 |work=bbc.com |date=14 April 2019 |language=Serbian}} As of 2009, Krušik held a large contract to arm the Iraqi army.{{cite web|url=http://www.ugradu.info/index.php?option=com_content&task=view&id=4480&Itemid=261|title=70 GODINA KRUŠIKA|first=|last=|website=www.ugradu.info}}
After two decades of working in limited capacity, in 2010s the company has begun operating positively, having annual revenues of nearly 100 million euros and cooperating with more than 70 countries worldwide. As of 2019, it has around 3,200 employees and is one of the main companies of defense industry of Serbia. In February 2019, the company celebrated its 80-year anniversary.{{cite news |last1=Lukić |first1=Vladan |title=U GODINI JUBILEJA REKORDAN IZVOZ "KRUŠIKA" |url=https://www.kolubarske.rs/sr/vesti/privreda/8320/ |accessdate=1 May 2019 |work=kolubarske.rs |date=23 February 2019 |language=Serbian}}
Controversies
In September 2019, it became public that weapons manufactured by Krušik sold to US Federal contractor Alliant Techsystems ended up in the hands of ISIS fighters in Yemen.{{Cite web|url=https://armswatch.com/islamic-state-weapons-in-yemen-traced-back-to-us-government-serbia-files-part-1/|title=Islamic State weapons in Yemen traced back to US Government: Serbia files (part 1)|last=Gaytandzhieva|first=Dilyana|date=2019-09-01|website=Arms Watch|language=en-US|archive-url=|archive-date=|access-date=2020-05-28}} This revelation led to the arrest of whistleblower Aleksandar Obradović, an IT worker at Krušik, on suspicion of revealing company secrets. The news of Obradović's arrest had not been made public until one month later, when he was placed under house arrest.{{Cite web|url=https://balkaninsight.com/2019/10/14/storm-over-serbia-whistleblower-arrest-in-state-arms-scam/|title=Storm over Serbia Whistleblower Arrest in State Arms Scam|last=Veljkovic|first=Jelena|date=2019-10-14|website=Balkan Insight|language=en-US|archive-url=|archive-date=|access-date=2020-05-28}} On 21 November 2019, the Council of Europe alerted that the whistleblower Aleksandar Obradović is under house arrest.{{Cite web|url=https://www.coe.int/en/web/media-freedom/detail-alert?p_p_id=sojdashboard_WAR_coesojportlet&p_p_lifecycle=0&p_p_col_id=column-4&p_p_col_pos=2&p_p_col_count=3&_sojdashboard_WAR_coesojportlet_alertId=54508940|title=Whistleblower Aleksandar Obradović under House Arrest|website=Council of Europe|access-date=2020-05-28}}
On November 21, 2019, it was reported that pro-Russian separatists had found an unexploded Serbian mortar bomb in eastern Ukraine. The shells had been traded by Serbian, Cypriot, and Polish companies, and were not authorized by Serbia for export to Ukraine.{{Cite web|last=Gaytandzhieva|first=Dilyana|date=2019-11-21|title=Serbian arms trafficked to Ukraine: evidence of contraband mortars used against Donbass|url=https://armswatch.com/serbian-arms-trafficked-to-ukraine-evidence-of-contraband-mortars-used-against-donbass/|access-date=2019-05-28|website=Arms Watch|language=en-US}} On 13 March 2022, the Ukrainian defense ministry posted a YouTube video which shows Ukrainian soldiers firing 60mm mortar shells (M73) produced by Krušik in 2018.{{cite news | url=https://rs.n1info.com/english/news/journalist-serbias-mortars-seen-in-ukraine-can-bear-consequences/ | title=Journalist: Serbia's mortars seen in Ukraine can bear consequences | work=N1 (TV channel) | date=2022-04-01 | access-date=2022-04-01}}
On March 3, 2023, Serbia denied allegations of providing Ukraine with arms, following media reports by the Russian online newspaper Mash that they delivered 3,500 Grad G-2000 rockets manufactured by Krušik via Turkey and then Slovakia.
On August 4, 2023, an informational videos by friendlyjordies that detailed the bombing of Papuan villages by the Indonesian government mentioned that the bombs that were being dropped were made by Krušik. More specifically, these were 81mm M72 high-explosive mortar rounds with an improvised fuse with a larger surface area.
Subsidiaries
- RJ-6 "Fabrika akumulatora" - Battery factory founded in 1957. most notably product is battery for MiG-29 airplane and other uses.{{cite web|url=http://www.krusik-fabrikaakumulatora.rs/|publisher=krusik-fabrikaakumulatora.rs|title=Fabrika akumulatora|accessdate=2016-11-23}}
- "Krušik-IRC - Istraživačko razvojni centar" founded in 2007 for purpose of development and research in electrical engineering, mechanical engineering and communications technologies.{{cite web|url=http://krusikirc.rs/|publisher=krusikirc.rs|title=Home|accessdate=2016-11-23}}
Products
- Bumbar, anti-tank missile system
- 9M14 Malyutka, anti-tank missile system (license)
- 9K32 Strela-2, surface-to-air missile system (MANPAD)
- Unguided rockets for multiple rocket launchers (M-77 Oganj, M-63 Plamen, M-87 Orkan, LRSVM Morava)
- Mortar shells for 60mm 81/82mm and 120mm mortars
- Air bombs
- Artillery shells, fuses and gun primers
- Hand grenades
- Anti tank mines
- Anti hail rockets
Incidents
On 13 December 2013, three employees were hurt during testing of the engine and initial filling of the anti-bumper projectile.{{cite news|title=U nesrećama u namenskoj industriji za 11 godina poginulo 15 radnika|url=http://www.blic.rs/vesti/hronika/u-nesrecama-u-namenskoj-industriji-za-11-godina-poginulo-15-radnika/z4mm06g|accessdate=23 December 2017|work=blic.rs|agency=Beta|date=15 July 2017|language=Serbian}} On 6 November 2014, one employee died of injuries he got after the incident on production line.
On 15 May 2015, seven employees were hurt when capsule of hand grenade exploded on the production line.{{cite news|last1=Puzović|first1=B.|title=Sedam radnika povređeno u "Krušiku"|url=http://www.novosti.rs/vesti/srbija.73.html:548177-Sedam-radnika-povredjeno-u-Krusiku|accessdate=23 December 2017|work=novosti.rs|date=15 May 2015|language=Serbian}}
See also
References
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{{DEFAULTSORT:Krusik Valjevo}}
Category:Government-owned companies of Serbia
Category:Companies based in Valjevo
Category:1939 establishments in Yugoslavia
Category:1939 establishments in Serbia
Category:Defense industry of Serbia