Business news from Ukraine

Business news from Ukraine

Romania purchased F-16 fighter jets from Netherlands for symbolic price of €1

The Romanian Ministry of Defense signed a contract with the Dutch government to purchase 18 F-16 Fighting Falcon multi-role fighter jets and related equipment.

According to the ministry, the agreement was signed on Monday, November 3. The purchased aircraft will be used exclusively for training at the European F-16 Training Center in Fetești, which has become a regional training center for pilots from NATO member countries and Alliance partners.

“The purchase is being made for a symbolic price of one euro. This is a smart investment in training, cooperation, and the future,” the Romanian Ministry of Defense said.

According to the Romanian side, the transfer of the aircraft is intended to strengthen the training capabilities of allied countries’ pilots and develop defense cooperation in the region.

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Ukraine may purchase up to 150 Gripen fighter jets from Sweden’s aid list

Ukraine may purchase up to 150 Gripen fighter jets from Sweden, paying for them with frozen Russian assets, according to The Guardian newspaper.

“Swedish Prime Minister Ulf Kristersson said that the purchase could be financed by frozen Russian assets held in Western countries, as well as by allied states from the ‘Coalition of the Willing,’” the publication wrote on Thursday.

It is noted that Ukraine already has American-made F-16 fighter jets and French-made Mirage 2000 fighter jets. Gripen has long been considered more practical for Ukrainian combat conditions — for example, it is designed to take off and land on civilian roads as well as runways so that it can conduct combat operations from dispersed locations, not just airfields.

Justin Bronk, an air warfare expert at the Royal United Services Institute in London, said that the Gripen E “hypothetically be a much more powerful medium-weight fighter” than Ukraine’s existing fleet, thanks to its radar, internal electronic warfare systems, and ability to carry and launch long-range Meteor air-to-air missiles.

Sweden has reportedly ordered 60 of the latest Gripen E aircraft, and Saab is expanding capacity at its factory in Linköping, aiming to produce 20 to 30 aircraft per year, as well as building them in Brazil.

“We fully understand that there is a long way to go… But starting today, we are committed to exploring all possibilities to provide Ukraine with a large number of Gripen fighters in the future,” the publication quotes the Swedish prime minister as saying.

 

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Sweden to study possibility of transferring Gripen fighter jets to Ukraine

The Swedish government will soon instruct the Armed Forces to study the possibility of transferring Gripen fighter jets to Ukraine, Swedish radio Ekot reports, citing its own sources.

“The government will soon instruct the Swedish Armed Forces to study the conditions for sending Gripen aircraft to Ukraine. Among other things, the government wants to get information on how the transfer will affect Sweden’s defense capabilities and how quickly Sweden will be able to receive new Gripen aircraft as compensation,” the radio said in a statement on its website on Tuesday.

As noted, another issue that needs to be assessed by the Swedish government is whether Ukrainian pilots and other ground personnel should be trained.

Sweden’s JAS 39 Gripen is a fourth-generation multi-role fighter jet. Formally, it belongs to the class of fighter jets, but it was conceived as a multi-purpose universal aircraft capable of performing various tasks.

In August, Ukrainian President Volodymyr Zelenskyy announced that Ukrainian pilots had begun training on the JAS 39 Gripen fighter jet. Zelenskyy also informed about negotiations with the Swedish government to provide Ukraine with these aircraft.

Later, Swedish Prime Minister Ulf Kristersson said that the country needed the planes for its own defense, as the country’s application to join the Alliance had not yet been finalized. At the same time, he did not rule out the transfer of fighter jets to Ukraine in the future.

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