Business news from Ukraine

Business news from Ukraine

Ukraine Can Help Honduras with Food Security

Ukraine can help Honduras with food security, according to Honduran President Nasri Asfura.

“Ukraine has extremely important ideas and technologies that could be useful to us in the agricultural sector and could also help us with food security,” Asfour said at a joint press conference with Ukrainian President Volodymyr Zelenskyy on Friday.

For his part, Zelenskyy noted that Ukraine is ready to assist Honduras in matters related to drone technology.

“We are ready to share our knowledge on digitalization. We have made significant strides forward, especially during the war… We are ready to help with drone technology,” Zelenskyy said.

He emphasized that drones are not just about weapons—they are about security, coastal defense, and intelligence.

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Netherlands to Purchase Drones and Air Defense Systems for Ukraine Worth EUR500 Mln

The Dutch government has pledged to purchase drones and air defense equipment for Ukraine totaling EUR500 million, according to Reuters.

“Drones worth 250 million euros will be purchased from Dutch defense companies. The remaining 250 million euros will be spent as part of the initiative to supply Ukraine with weapons manufactured in the United States (PURL),” the report states.

With this new announcement, the Netherlands’ total contribution to the PURL initiative will reach EUR1 billion. The initiative involves supplying Ukraine with air defense equipment and missiles, as well as ammunition for F-16 fighter jets and other systems.

The Netherlands and Ukraine also signed a letter of intent regarding cooperation in the field of defense innovation.

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Serbia agrees drone production deal with Israel’s Elbit Systems

Serbia is preparing to launch drone production on its territory in cooperation with Israeli company Elbit Systems, the Telegram channel “Serbian Economist” reported, citing a joint investigation by BIRN and Haaretz.

According to the published information, the new enterprise will be established as a joint structure between Elbit Systems and Serbia’s state-owned company Yugoimport SDPR. The Israeli side is expected to receive a 51% stake in the project, while 49% will remain with SDPR.

The facility is expected to produce two types of UAVs — for short-range and long-range missions. According to available information, the production site may be located in the industrial zone of Šimanovci, about 30 km west of Belgrade.

Serbian President Aleksandar Vučić said publicly on March 7, 2026, that the country would get its “first factory of serious drones,” noting that the project was being implemented with a foreign partner from Israel and could start as early as April. At that time, however, the partner’s name was not officially disclosed.

According to the authors of the investigation, the new deal brings military-technical cooperation between Serbia and Israel to a new level. Data cited by Haaretz/BIRN show that over the past two years Serbian arms exports to Israel increased 42-fold and reached EUR114 million in 2025, with a significant share of those deliveries going through SDPR.

For Serbia, the project is important not only as another defence production facility, but also as a channel for gaining access to advanced technologies. One of the sources cited by Haaretz and BIRN said the new UAVs are expected to outperform Serbia’s Pegaz model, while engineers from UTVA are also expected to be involved in the project alongside SDPR.

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Norway to allocate $644 million to purchase drones for Ukraine

Norway will allocate 6.5 billion Norwegian kroner ($644 million) to purchase drones and drone equipment from Ukrainian and other European manufacturers for Ukraine’s needs, the government’s website reported on Wednesday.
“Drones play an important role in Ukraine’s struggle for its defense. They are important both for the protection of critical infrastructure and for use on the front line. Norway’s assistance will significantly improve Ukraine’s ability to carry out the necessary surveillance and operations with the help of drones,” Norwegian Prime Minister Jonas Gahr Støre was quoted as saying on the website.
According to the information, Norway officially joined the Coalition for the Development of Unmanned Technologies in April and previously announced its intention to increase support for the Ukrainian defense industry and purchase drones for Ukraine.
This is reportedly the first large-scale purchase of drones directly from foreign manufacturers. This is in line with one of the goals underlying the decision made in March of this year by the Storting (Norwegian National Assembly – IF-U) to increase support for Ukraine by 50 billion Norwegian kroner (about $5 billion) by 2025.
The Norwegian government prioritizes meeting military needs based on what Ukraine itself identifies as the most important.
“Funding for the procurement of unmanned aerial vehicles will help to create an independent Ukrainian deterrence system, which will also be important after a potential peace agreement… We will continue to focus our support on maritime security, air defense, unmanned aerial vehicles and autonomous systems. We will also prioritize support for the procurement of defense equipment from Ukrainian manufacturers and cooperation between the Nordic and Baltic countries to equip and train new Ukrainian military units,” said Defense Minister Thorbjørn Sandvik.
It is noted that the support provided and “lessons learned from the war in Ukraine will also help strengthen the Armed Forces and defense capabilities of Norway.”
Source: https://www.regjeringen.no/en/aktuelt/norway-to-provide-nok-6.5-billion-for-procurement-of-drones-for-ukraine/id3111763/

 

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“Ukrnafta” allocates UAH 10 mln for purchase of copters and drones

PJSC Ukrnafta has purchased and handed over 20 AUTEL EVO MAX 4T thermal imaging copters and 60 DJI Mavic 3PRO drones, as well as control panels for the 13th Brigade of the National Guard of Ukraine “Charter”.
“This is the first batch of funds and equipment donated. Ukrnafta’s total contribution is UAH 10 million. The birds are already helping the guys in the Kharkiv sector to perform combat missions,” wrote Sergiy Koretsky, Ukrnafta’s CEO, on his Facebook page.
“Ukrnafta is Ukraine’s largest oil producer and operator of a national network of gas stations. In March 2024, the company took over the management of Glusco’s assets and operates a total of 545 filling stations – 460 owned and 85 managed.
The company is implementing a comprehensive program to restore operations and update the format of its filling stations. Since February 2023, Ukrnafta has been issuing its own fuel coupons and NAFTA cards, which are sold to legal entities and individuals through Ukrnafta-Postach LLC.
Ukrnafta’s largest shareholder is Naftogaz of Ukraine with a 50%+1 share. In November 2022, the Supreme Commander-in-Chief of the Armed Forces of Ukraine decided to transfer to the state a share of corporate rights of the company owned by private owners, which is now managed by the Ministry of Defense.

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France to hand over 100 drones to Ukraine’s Armed Forces

France will hand over 100 drones ordered from drone manufacturer Delair to the Ukrainian Armed Forces this summer, Defense Minister Sebastian Le Coronneu said.

“As part of an innovative program, France has ordered 100 unmanned aerial vehicles from Delair, which will arrive in Ukraine this summer. A total of 2,000 remotely piloted vehicles will be purchased from our defense industry. For the needs of our army and Ukraine,” the minister wrote on social network X on Thursday, February 29.

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