Nammo AS

May 31, 2012 08:10 ET

Nammo AS : NAMMO Group and DUNARIT Corp. enter cooperation within demilitarization

RAUFOSS, NORWAY--(Marketwire - May 31, 2012) - The Nammo Group, a European leader within industrial demilitarization of obsolete ammunition, and DUNARIT Corp., leading company in the Defense industry in Bulgaria with in-house demilitarization capabilities, have today signed a Memorandum of Understanding regarding cooperation for demilitarization and utilization in Bulgaria.

Nammo's Demil Division is a business unit with 3 demilitarization subsidiaries in Europe. Based on more than 40 years of experience in demilitarization and with modern state of the art equipment for all kinds of ammunition, Nammo will be an ideal partner and complementary compe­tence to the existing demilitarization capabilities of Dunarit. The Nammo Group has experience within demilitarization of complex ammunitions such as cluster ammunition, rockets, naval ordnance and aircraft bombs.

DUNARIT Corp. participates in the utilizations processes in Bulgaria for demilitarization of surplus ammunitions. The company has successfully implemented technological methods for demilitarization of engineer, artillery and aviation ammunitions. A facility for thermal destruction of small caliber ammunitions and primers was commissioned in Dunarit in 2010.

Both companies have agreed to share their knowledge and experience for safe and environmental friendly demilitarization and to join their capabilities and capacities in selected work areas for the benefit of the Bulgarian demilitarization program and other customer needs in Europe.

"Bulgaria is an interesting customer for our future business, and can also become a regional player for demilitarization for their neighbouring countries. In DUNARIT we have found an excellent partner to develop demilitarization projects, including both technical capabilities, knowledge and international certifications" says Reijo Bragberg, Executive Vice President of the Nammo Group.

The Nammo Group is an international defense group specializing in design and production of ammunition products, shoulder fired weapon systems, missile and space propulsion systems and demilitarization services. The Nammo Group employs 2,000 people in 8 countries. The headquarters is located in Raufoss, Norway.

DUNARIT Corp. is a company of 110-years history, a manufacturer of aviation, artillery and engineer ammunitions and non-military products as well. Over the recent years, ammunition utilization has been one of the main areas of focus in the company. DUNARIT Corp. employs 500 people. It is located near the city of Ruse, Bulgaria.

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Source: Nammo AS via Thomson Reuters ONE

[HUG#1569704]

Contact Information

  • For further information, please contact:

    Eduard Herbst, LTC ret.
    Director Divisional Marketing
    NAMMO Demil Division
    Phone +49 173 2321466
    E-mail: Email Contact
    Website: www.nammo.com

    Stefan Stefanov
    Marketing Manager
    DUNARIT Corp.
    Phone +359 82811523
    E-Mail: Email Contact
    Website: www.dunarit.com