Croatia
Croatia’s defense industry, comprising around 100 companies and 3,000 employees, generates over €600 million annually. A new agreement with state institutions aims to boost exports, visibility, and integration into Europe’s defense supply chains.
Croatia
Croatia’s Cateks has signed a €35 million multi-year contract with state-owned Agencija Alan to supply military fabrics for a NATO member’s defense ministry, underscoring Europe’s drive to strengthen its own defense-industrial supply chain.
Bosnia and Herzegovina
Ukraine has issued a warrant for Croatian arms dealer Matias Zubak, the buyer of Bosnia’s Vitezit factory, over a $37 million arms procurement scandal. Authorities in Bosnia may open an investigation into possible corruption and political influence surrounding the purchase.
Startups
Europe’s defense technology sector is experiencing a surge unlike anything in its history. Venture capital investment in defense startups has reached a record-breaking $1.5 billion in 2025.