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Ukraine’s Defense Loans: A Turning Point for Local Manufacturers

05.12.2024


The Ukrainian government has introduced a low-interest loan program to strengthen its defense industry. The initiative offers loans at 5% annual interest for working capital and investment projects, providing a much-needed financial boost for manufacturers.

Skyeton CEO Roman Knyazhenko views this as a breakthrough:

“This is an excellent opportunity for companies to address working capital gaps and fund large-scale R&D projects. With proper investments, we can deliver cutting-edge technologies with significant competitive advantages.”

The program, which allows loans of up to 500 million UAH for investment projects, is expected to accelerate technological advancements and production capabilities across the defense sector.

Learn more in SPEKA’s article:Програма 5% кредитів для виробників зброї та ОПК: як отримати та умови фінансування