EU DEFENCE FUND
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Rheinmetall to build propellant plant in Romania as EU expands defence production
Rheinmetall will build a new ammunition and propellant plant in central Romania under a joint venture with the state-owned Pirochim Victoria, as EU member states move to expand industrial capacity for artillery supplies amid the war in Ukraine. The agreement…
Europe’s first defence-labelled bond: BPCE raises €750m under Euronext initiative
Groupe BPCE, the French banking group that owns Natixis, has issued Europe’s first bond explicitly labelled for defence financing, raising €750 million via a five-year note. The deal attracted strong demand, with orders of about €2.8 billion, according to market…
A Drone Surge Could Tilt the Balance in Ukraine’s War Against Russia
A large-scale Western-funded expansion of Ukraine’s drone capabilities could decisively alter the course of Russia’s invasion, according to a new analysis by Atlantic Council senior fellow Mark Boris Andrijanič. Writing for the Washington-based think tank, Andrijanič argues that investment in…