KYIV ($1=36.90 Ukrainian Hryvnias) — Is Ukraine facing up after the Russian invasion on February 24th? It’s entirely possible. Despite Russian missile attacks in recent weeks on critical energy infrastructures, businesses in Ukraine cannot stand still. This also applies to the most important sector in Ukraine at the moment – the arms industry.
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The state-owned arms company, the largest in the country, Ukroboronprom has announced that the company is starting to develop and produce new, modern, Western and state-of-the-art weapon systems. In a press release issued on Friday, November 18, the company announced its intentions.
Ukroboronprom launched joint defense enterprises for the production of artillery ammunition, armored vehicles, multiple-launch missile systems, and high-tech weapons. The Ukrainian company announced that it will produce heavy weapons with some NATO member countries that have already agreed. These are Poland, the Czech Republic, France, and Denmark. There are other countries, according to the Ukrainian company, but they are not mentioned.
Ukroboronprom announced that existing production bases as well as newly created locations will be used for production. Without specifying where these newly created places are, it is quite possible that, because of the war with Russia, they will be exported to neighboring countries.
As an example, Ukroboronprom gives the last signed agreement. It is with the Czech Republic. The agreement was reached thanks to personal talks and arrangements between Ukrainian President Mr. Volodymyr Zelensky and Czech Prime Minister Mr. Petr Fiala.
The bilateral agreement provides for joint production of military equipment [unspecified], increased production of ammunition [unspecified], development of maintenance and repair centers, as well as joint cooperation in the field of high military-industrial technologies.
One of the latest NATO-standard products created at Ukroboronprom is artillery shells. Their calibers are 122mm, 152mm, and 120mm. These ammunitions have already passed the test trials and have been delivered to the Ukrainian army. The company comments that the production of this artillery ammunition should reduce the dependence of the Ukrainian army on Western supplies.
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