financetom
World
financetom
/
World
/
Ukraine, Poland to produce Soviet-era tank shells together
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Ukraine, Poland to produce Soviet-era tank shells together
Apr 6, 2023 11:13 AM

Ukraine's state arms producer said on Thursday it would launch joint production of 125-mm rounds for Soviet-era tanks with Polish arms producer Polska Grupa Zbrojeniowa (PGZ).

Ukroboronprom said Poland would become the second NATO member state to help Ukraine produce ammunition as the country battles Russian troops that launched a full-scale invasion more than 13 months ago.

"In line with the agreement, new production lines to produce large numbers of ammunition for 125-mm tank guns are planned," the company said in a statement. The agreement was signed during President Volodymyr Zelenskyy's visit to Poland on Wednesday.

Ukraine will provide the technology and send its specialists to Polish cities where production facilities will be located given high security risks. Russia has conducted long-range air strikes on targets in Ukraine throughout the war.

Ukroboronprom's officials have said Russia has constantly attacked arms facilities, forcing it to move production to safer areas. In February, the company announced it had started producing ammunition with a NATO country in central Europe.

Ukraine depends heavily on weapons and ammunition supplies from its Western allies during the war. Ukrainian military commanders constantly stress the need for more ammunition at the frontlines.

(Edited by : Sangam Singh)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
TRADING DAY-S&P 500 completes 2025 round trip
TRADING DAY-S&P 500 completes 2025 round trip
May 26, 2025
ORLANDO, Florida, May 14 (Reuters) - TRADING DAY Making sense of the forces driving global markets By Jamie McGeever, Markets Columnist Eyes turn to Powell The powerful rise in risk and growth assets lost some steam as U.S. stocks ended mixed and oil slipped on Wednesday, although the losses were minimal, suggesting investors aren't ready to call a halt to...
CANADA STOCKS-TSX ends up for seventh straight day as railroad shares rise
CANADA STOCKS-TSX ends up for seventh straight day as railroad shares rise
May 26, 2025
* TSX adds 0.3%, extending daily winning streak * Posts highest closing level since February 13 * Industrials rise 1.5% as railroad shares gain * Materials ends 1.8% lower as gold falls (Updates at market close) By Sanchayaita Roy and Fergal Smith May 14 (Reuters) - Canada's main stock index climbed to a three-month high on Wednesday, but the move...
Trading Day: S&P 500 completes 2025 round trip
Trading Day: S&P 500 completes 2025 round trip
May 26, 2025
ORLANDO, Florida (Reuters) - TRADING DAY Making sense of the forces driving global markets By Jamie McGeever, Markets Columnist  Eyes turn to Powell The powerful rise in risk and growth assets lost some steam as U.S. stocks ended mixed and oil slipped on Wednesday, although the losses were minimal, suggesting investors aren't ready to call a halt to the rally...
FOREX-Dollar wavers on uncertainty over trade deals; S.Korean won in focus
FOREX-Dollar wavers on uncertainty over trade deals; S.Korean won in focus
May 26, 2025
* Dollar index steady as uncertainty over various trade deals grows * South Korea-U.S. trade talks drive won volatility * U.S. retail sales data in focus for investors By Ankur Banerjee TOKYO, May 15 (Reuters) - The dollar wobbled on Thursday in a turbulent week that saw investor relief at the U.S.-China tariff truce give way to a cautious mood...
Copyright 2023-2026 - www.financetom.com All Rights Reserved