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KNDS branch to appear in Ukraine: Officials explain importance of agreement

KNDS branch to appear in Ukraine: Officials explain importance of agreement Photo: Minister of Strategic Industries Oleksandr Kamyshin (facebook com synegubov oleg)

The agreement signed with the Franco-German arms group KNDS on June 7 is significant for Ukraine for several reasons, states the Minister of Strategic Industries, Oleksandr Kamyshin.

"The agreement signed yesterday between KNDS and one of the Ukrainian manufacturers is very important. Why? Because it is the first license in Ukraine for the production of 155 caliber shells," he noted.

According to Kamyshin, this is a full-fledged commercial agreement for licensed production in Ukraine.

"With the license, the Ukrainian partner will be able to quickly prepare the site and start production," the minister explained.

The second contract signed on June 7 involves the opening of a maintenance unit for Caesar guns in Ukraine.

"Some parts will be manufactured in Ukraine using 3D printing of metal components. Additionally, KNDS signed a letter of intent to establish a subsidiary of the group in Ukraine. We wholeheartedly welcome this decision. I am convinced that there is no better place for arms manufacturers to develop today than Ukraine," the government representative stated.

KNDS's presence in Ukraine

On June 7, the Franco-German arms group KNDS officially formalized the creation of a subsidiary in Ukraine.

During a meeting between President Volodymyr Zelenskyy and representatives of the French defense industry, an agreement was signed for the licensed production of ammunition by KNDS.

It should be noted that in March, France and Germany reached an agreement that allowed KNDS to establish a branch in Ukraine.