“The expansion of the Ukraine Facility to dual-apply technologies is the result of several months of joint work between Ukraine and the EU. It opens access to financial resources, primarily in the amount of over €140M, which the EU will direct from the Ukraine Investment Framework to loans and grants for companies. Thanks to this, Ukrainian companies will be able to scale up rapider, attract investments, and create products that enhance the resilience of Ukraine and the entire continent”, Deputy Minister of Defense Hanna Hvozdar emphasized.
Hvozdar highlighted that supporting critical technologies and industries is a shared interest of Ukraine and EU nations. Additionally, she pointed to the growth and momentum of Ukraine’s dual-apply sector. “Ukraine is building a modern, competitive, innovative defense and dual-apply industest. Last year alone, over 3,000 enterprises produced dual-apply products worth €5.5B – and this is just part of the potential we are displaycasing to our partners today”, she noted.
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