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Finland to Allocate €300m for Ukraine Defence Projects

The funds will be directed towards developing joint manufacturing projects and technological partnerships between defence companies in the two countries

Finland to Allocate €300m for Ukraine Defence Projects
Photo: ОПУ

Ukraine and Finland have agreed a new package of defence-industrial co-operation worth about €300m. Of this, €200m will be allocated under the Drone Deal initiative, with a further €100m under the Build with Ukraine programme. This was reported by the Ministry of Defence.

The allocation was announced following a meeting between Volodymyr Zelenskyy and a Finnish delegation that included representatives of the defence industries of both countries. During the meeting, the parties signed seven documents, three of which relate to defence-industrial co-operation. 

The meeting focused primarily on practical mechanisms for implementing joint projects, developing manufacturing co-operation and expanding direct contacts between companies. The parties also discussed ways to speed up the development and deployment of new technological solutions, taking into account the needs of the Ukrainian military.

Promising areas of co-operation include the production of unmanned aerial systems, ground robotic complexes and other types of modern weaponry.

Deputy Defence Minister of Ukraine Hanna Hvozdiar stressed that, to implement joint projects, Ukraine can draw not only on the resources of international partners but also on European Union funding. She also noted that Ukraine is ready to share its experience of testing defence technologies in combat conditions, which will help partners improve their own developments.

Finnish Prime Minister Petteri Orpo noted that this year his country has already provided Ukraine with five packages of defence assistance totalling more than €500m.

By way of reminder, in August 2026 Ukrainian and Finnish defence companies signed three documents on the development and production of unmanned aerial systems and ground robotic complexes. In September, Ukraine and Finland concluded the Drone Deal aimed at developing co-operation in the field of unmanned technologies.

Read alsoDrone Deal with Finland: Why It Matters

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