Business news from Ukraine

Business news from Ukraine

Norway Allocates EUR268 Mln to Strengthen Ukraine’s Air Defense

Norway has announced the allocation of 3 billion kroner (268 million euros) to strengthen Ukraine’s air defense, specifically as part of the PURL program and to purchase Patriot missiles from countries that already have them, the Norwegian government’s press service reported.

“Norway is now providing an additional 3 billion Norwegian kroner to strengthen Ukraine’s air defense systems,” the government press service stated on its website.
It is reported that Norway, together with Denmark, Germany, and Canada, will order new Patriot air defense missiles directly from the manufacturer in the U.S. as part of the PURL program.

“Given the long delivery times for some of these missiles, Norway also plans to purchase Patriot missiles from countries that already have them in order to deliver them to Ukraine as quickly as possible,” the Norwegian government emphasized.

Norway is also allocating funds to join Ukraine’s initiative to jointly develop anti-ballistic systems with European partners. “Ukraine has invited European partners to participate in the development of a specialized missile defense system. This could also be significant for the defense of Norway and other NATO member states. Norway is allocating funding to be able to contribute to this initiative,” the statement said.

“In the future, ballistic missiles may also pose a serious threat to Norway and its allies. Therefore, the Ukrainian initiative is of interest from the perspective of strengthening Norway’s defense capabilities,” said Defense Minister Tore O. Sandvik.
During the NATO summit in Ankara, Ukrainian President Volodymyr Zelenskyy stated that a key topic of discussion with partners would be the supply of interceptor missiles for the Patriot air defense system, which are critical to Ukraine’s ability to shoot down Russian ballistic missiles—and noted that these missiles are not exclusive to the United States.

As previously reported, the Netherlands, Germany, Finland, Sweden, Lithuania, Estonia, Latvia, Denmark, and Poland have appealed to the European Commission to grant authorization as soon as possible for the purchase of missiles for U.S.-made air defense systems as part of the 90 billion euro “defense” component that the EU is providing to Ukraine in 2026–27.

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Norway Allocates NOK 3 Bln to Strengthen Ukraine’s Air Defense

Norway is now providing an additional 3 billion Norwegian kroner to strengthen Ukraine’s air defense systems, according to the Norwegian government.

“Ukraine has been successful in intercepting most drones and cruise missiles, but it needs to strengthen its defenses against ballistic missiles. This is one of Ukraine’s most urgent priorities. That is why Norway is now allocating 3 billion Norwegian kroner for air defense,” said Prime Minister Jonas Gar Støre.
On Tuesday, the prime minister met with Ukrainian President Volodymyr Zelenskyy at the NATO summit in Ankara, Turkey.

“Russia is sending hundreds of drones and missiles into Ukraine day and night. The Patriot air defense system is highly effective and can counter a wide range of threats, including ballistic missiles,” said Defense Minister Tore O. Sandvik.

Together with Denmark, Germany, and Canada, Norway will order new Patriot air defense missiles directly from the manufacturer in the United States. Norway will continue to support the U.S.-led PURL program. PURL is a NATO program for coordinating the funding and donation of advanced U.S. military equipment to Ukraine, including air defense systems. Given the long lead times for some of these missiles, Norway also plans to procure Patriot missiles from countries that already possess them to facilitate rapid donations to Ukraine.

According to the Norwegian government, Ukraine has asked its European partners to participate in the development of a specialized missile defense system. This could also be significant for the defense of Norway and other Alliance member countries. Norway is allocating funding to be able to contribute to this initiative.
“In the future, ballistic missiles could also pose a serious threat to Norway and its allies. Therefore, the Ukrainian initiative is of interest in terms of strengthening Norway’s defense capabilities,” Sandvik said.

The government noted that between 2023 and 2025, Norway provided Ukraine with air defense support totaling 30 billion Norwegian kroner. Norway is also providing significant funding to strengthen Ukraine’s air defense in 2026.

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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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Poland will allocate $100 mln for American weapons for Ukraine within PURL

As part of the Prioritized Ukraine Requirements List (PURL) program, Poland will allocate $100 million for the purchase of American weapons for Ukraine. The purchases will be financed from the budget of the Polish Ministry of Foreign Affairs, said the head of the ministry, Radosław Sikorski.

“Europe’s security will be enhanced or diminished as a result of how this war ends,” Sikorski stressed, according to Polsat News.

As reported, the initiative to finance the purchase of American weapons for Ukraine came after the US administration refused to continue supplying weapons to Kyiv free of charge. In August, four packages of American weapons were prepared for a total amount of about $2 billion. The funding was provided by Germany, Denmark, Canada, the Netherlands, Norway, and Sweden.

On August 15, at a meeting of NATO defense ministers in Brussels, Estonia, Latvia, Lithuania, Belgium, Luxembourg, Finland, and Iceland announced their decision to join the program to finance Ukrainian defense orders within the framework of the NATO initiative “Priority Urgent Requirements List for Ukraine” (PURL).

On October 23, Spain announced its agreement to join the PURL project in response to renewed criticism from US President Donald Trump regarding Spain’s unwillingness to increase military spending.

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Spain joins PURL program to supply weapons to Ukraine

Spain has agreed to join the PURL project to purchase American weapons for Ukraine, Prime Minister Pedro Sánchez said in response to renewed criticism from US President Donald Trump over Spain’s unwillingness to increase military spending.

“We are a reliable country,” Sanchez said upon arrival at the European Council, where he also confirmed that Spain would purchase weapons from the US for Ukraine, El Pais reported on Thursday.

According to the publication, the country will participate in the US arms supply program (PURL), but the exact amount that Madrid is willing to spend has not yet been determined.

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