Leadership Changes at Pretis as Company Navigates Industrial and Financial Pressures
Pretis has installed a new management team as it navigates operational and financial pressures. Fuad Sehic has been appointed CEO after serving in a senior financial and commercial role. The transition comes at a critical moment for the state-owned Bosnian defense manufacturer.
Bosnia and Herzegovina-based defense manufacturer Pretis has introduced a new leadership structure as the company confronts mounting industrial and financial challenges.
The changes come during a period of operational strain, with the company seeking to stabilize production, restore financial discipline, and reinforce its role within regional and export-oriented defense supply chains.
Fuad Sehic has been appointed Chief Executive Officer following a six-month period in which he served as Chief Commercial and Financial Officer. His move to the top position places him at the center of efforts to restructure the company’s commercial operations, financial governance, and supply chain architecture.
Sehic brings more than two decades of experience across defense manufacturing, energy, and capital-intensive industrial sectors. His professional background includes senior leadership roles focused on complex contract environments, cost management, and large-scale industrial systems. Available information indicates a consistent focus on aligning commercial strategy with production scalability and financial sustainability in regulated industries.
His recent work inside Pretis suggests direct exposure to the company’s internal constraints, including contract pipelines, procurement frameworks, and liquidity pressures. This continuity may support a more controlled transition as the company attempts to implement corrective measures.
The broader leadership team includes several newly appointed executives with defined functional responsibilities. Senad Turbo has taken responsibility for technical operations, Ardita Buljubasic oversees commercial and financial affairs, while Rijad Vrabac is tasked with security, project development, and investment activities. Their roles are expected to support operational recovery, governance stabilization, and longer-term industrial planning.
The new management faces a demanding environment. Pretis must address immediate financial pressures while also resolving deeper structural issues tied to working capital, industrial throughput, and international market positioning.
Sehic’s decision to assume the CEO role indicates a calculated assessment of the company’s recovery potential. His prior involvement suggests that the scale of the challenge was understood before taking on the position.
At the same time, the external context remains complex. The company has been linked to competing narratives involving external actors, including references to Sikto do.o. allegedly represented by Regulus. The implications of these developments remain unclear and require careful, fact-based evaluation.
For Pretis, the near-term focus will be on execution. Stabilizing output, securing contract continuity, restoring financial predictability, and strengthening its ability to operate with greater international commercial independence will be critical in determining whether the new leadership can deliver measurable results.
About Pretis
Pretis d.d. is a Bosnia and Herzegovina-based defense manufacturer specializing in ammunition and explosive components, forming part of the country’s legacy defense-industrial base. The company is majority state-owned and has historically played a significant role in both export-oriented production and domestic supply. Until recently, Pretis reported solid financial performance, underscoring its industrial capacity despite current operational and governance pressures.
