Business news from Ukraine

Business news from Ukraine

Czech Republic seeks EU support for new ammunition initiative for Ukraine

1 February , 2025  

The Czech government is seeking support from other European Union countries for a new ammunition initiative after implementing a similar initiative in 2024, German N-TV reports.

“This is a matter of political will, and if many EU member states rejoin our initiative, we can achieve a lot for Ukraine,” Foreign Minister Jan Lipavsky said in an interview with the German news network (RND).

“We are currently looking at how we can finance the new ammunition initiative, and then we will see how many rounds of ammunition we can get for this money,” the Czech foreign minister added.

As reported, Defense Minister Jana Černohová announced the second project to purchase ammunition for Ukraine under the working title Initiative 2025 back in July last year. Deník N reported at the time that five companies would participate in the project: Czechoslovak Group, STV Group, Omnipol with Ompo Holding, Colt CZ Group SE, owned by Česká zbrojovka, and the DSS arms company.

Under the previous Czech ammunition initiative, Ukraine was provided with approximately half a million pieces of artillery ammunition. A total of 18 countries joined the initiative.

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