KYIV. Sept 29 (Interfax-Ukraine) – A new ammunition plant in Ukraine could be created in international cooperation, Deputy Economic Development and Trade Minister of Ukraine Yuriy Brovchenko has told Interfax-Ukraine.
“Today we are holding talks [on the project] with Stiletto: we want to hear their proposals next week how they see their role in the process, their conditions [for cooperation] and do our best to help them to work in Ukraine,” he told Interfax-Ukraine at the First Ukrainian Forum of Private Defense Enterprises in Kyiv on Thursday.
“This is one of the options. We are open for everyone,” he said.
Brovchenko said that today the plans to create an ammunition production facility in Ukraine are being implemented in several directions.
“First, the Defense Ministry will organize an assembly facility at its enterprises. This is one direction,” he said.
He said that the organization of production cooperation in ammunition production with the participation of the Ukroboronprom State Concern has started.
“Today we have signed contracts to organize production of large caliber ammunition at one of the Ukroboronprom’s enterprises,” he said.
In addition, cooperation in production of small-caliber ammunition has been organized at Fort research and industrial association (Vinnytsia), Brovchenko said.
He said that organization of the closed cycle ammunition production is not appropriate at one enterprise: this is the sectoral cooperation with participation of key players of the Ukrainian ammunition sector.
As reported, British-based Stiletto Systems Ltd. jointly with Canadian-based MAGNUM in summer were considering the possibility of participating in a tender of the Economic Development and Trade Ministry to create a new production of shooting and artillery ammunition in Ukraine. The alliance is ready to design and build a ammunition plant with an annual capacity of up to 100 million bullets within two years.
