[FONT=trebuchet ms, Arial, Helvetica][FONT=trebuchet ms, Arial, Helvetica][/FONT][/FONT]""In the thirties of the twentieth century, a descendant of an old Belgrade family, Nikola Stanković, graduated from the Technical Faculty and found employment in the defence production sector of ''Railway Cars, Machines and Bridge Construction Factory'' in the town of Slavonski Brod. At that time, the military began, due to overloaded state enterprises, to give up a part of armaments, pyrotechnic compositions and ammunition production to the private sector. Stanković saw this as a chance to get independent. In the course of 1935, he bought up the old barracks in Višegrad, and in Sarajevo, the center of the Drina Province, he registered his own firm, ''Višegradska industrija inž. Stanković AD'' (Višegrad Industry of Eng. Stanković AD (abbreviated to ''VISTAD'') and started up production of fuzes and pyrotechnic compositions. On April 11, 1935, the Ministry of Army of the Kingdom of Yugoslavia made a licence agreement for production of 81 mm mortar Stokes-Brandt M.31 with the French firm ''Edgar Brandt''. The line for production of weapons was to be set up in the VTZ of Kragujevac (Military Engineering Enterprise), while the contract for production of shells and fuzes had to be given up to a private firm. Wishing to get that profitable business, Stanković decided to start up a new facility in a more suitable place with better communications and closer to the military and industrial complex of Kragujevac. In the summer of 1937, he laid a cornerstone of the branch facility of the main enterprise in Višegrad. The new plants were equipped with modern machines of German ( ''Chr.Majer'', Tbingen a/Neckar, Baden-Wrttenberg) and Czech origin (''Vlašin-Praha'', i.e. 'Wlaschiner Maschinenfabrik GmbH, Prag)''. The joint expert board of the Ministries of Army and Navy, and of Trade and Industry, Municipality of Valjevo and the Province Government in Sarajevo, gave their opinion on 16th December 1938 that the new plants satisfy legal and technical standards. Pursuant to the Decision of the Royal Province Government in Sarajevo of 19th December 1938, the Industry and Crafts Department of the Ministry of Trade and Industry issued a licence, on 22nd February 1939, stating that the firm ''Višegradska industrija inž.Stanković A.D.''... may perform the industrial operation of primer making in the shop VISTAD in Valjevo-Krušik''. Since that moment, Valjevo had gained a monopoly on production of No. 8 primers.
Taking over of 81mm mortar shell production enabled VISTAD to penetrate into the civilian market. Namely, ''blank'' Cal.12 hunting catridges, with the Gevelot primer, and 8 g of ballistite were used as ignition cartidges for the shells. With the assistance of experts from the Užice FOMU, Stanković set up a production line for ignition cartridges in Valjevo. The components of those mortar shell cartridges were also used to start up the production of hunting cartridges.
When the Višegrad plant found itself in the territory of the newly formed Independent State of Croatia, all machines were concentrated in Valjevo, on the approval of Germany, and the concern name was changed into ''Valjevska industrija inž. Stankovića A.D.'' (Valjevo Industry of Eng.Stanković A.D.). Owing to Stanković's efforts, the production of fuzes, automobile and cart parts, and farming tools, although reduced, was practically not suspended during the occupation. That is why after the liberation VISTAD was practically the only enterprise from the former military and industrial complex which had the capabilities to immediately continue with production for the requirements of the People's Liberation Army of Yugoslavia. As early as 30th March 1945, the Army was supplied with 200,000 pieces of M.38, M.38/45 and M.45 hand grenades."