Ukraine will invest 93 million euros in the construction of an ammunition production plant in Lithuania
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- Ukraine will invest 93.3 million euros in the construction of an ammunition production plant in Alytus, Lithuania.
- The project is being implemented by a subsidiary of the Dneprovsky Energy Mechanical Plant, the start of production is scheduled for 2027.
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Why It Matters
The Lithuanian Ministry of Economy and Innovation signed an agreement with Baltic Metal Foundry in August.
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Ukraine will invest 93 million euros in the construction of an ammunition production plant in Lithuania, the LRT television and radio company reports.
In mid-August, the Ministry of Economy and Innovation of Lithuania signed an investment agreement with the subsidiary of the Dnieper Energy Mechanical Plant in Lithuania, Baltic Metal Foundry, under which the Ukrainian enterprise will produce ammunition and components for them in Alytus, Prenai region. Its value is estimated at 93.3 million euros.
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AI outlook — possibilities, not facts
Start of ammunition production at the end of 2027.
Likely · Within years
Open Questions
- What is the exact annual production volume of ammunition?
- What types of ammunition will be produced?
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This article was originally published by РИА Новости.
