Nammo applied to participate in an EU project to increase the production of ammunition.
The Nammo Lapua ammunition plant in Sastamala, Finland will increase output fivefold this year because of the war in Ukraine. This was reported by the Finnish publication Yle.
The increase in production at the plant is related to the war in Ukraine, as artillery shells play an important role in Finnish aid to Ukraine, as well as in the replenishment of stocks of EU countries that previously transferred ammunition to Ukraine from their warehouses.
Nammo applied to participate in an EU project to increase the production of ammunition.
If successful, the company will build a new plant for the production of artillery shells. The project will also require funding from the Finnish government.
Nammo (Nordic Ammunition Company) is a joint Norwegian-Finnish company specializing in the manufacture of ammunition.
The company’s shares are owned in equal shares by the Norwegian Ministry of Trade and Industry and the Finnish corporation Patria.
As we have already written, the Czech Republic offers the European Union to buy ammunition for Ukraine outside of Europe after learning that the EU can only provide half of the promised one million shells on time.
The EU will provide only half of the promised million shells
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Source: korrespondent
I am David Wyatt, a professional writer and journalist for Buna Times. I specialize in the world section of news coverage, where I bring to light stories and issues that affect us globally. As a graduate of Journalism, I have always had the passion to spread knowledge through writing.