Grand Power again in the black

Sports firearm maker Grand Power (Jaroslav Kuracina) reported a €0.2m net profit last year after a €0.6m loss the previous year, driven by a 32% increase in sales to €7.9m. The rebound was due to renewed demand in the US, where sales had dropped to zero in 2023 following failed attempts to restrict gun sales. The company recently invested €6–7m in a new plant in Kremnické Bane and plans to invest €1m in a production facility in India.

(hnonline.sk)