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Denmark allocates almost EUR 300 million for defense aid to Ukraine

Apr 17, 2024

The Danish government has decided to allocate 200 million Danish kroner to invest in the Ukrainian defense industry.

This is reported with reference to the press service of the Danish Ministry of Defense.


In addition, funds have been allocated for the creation of significant maritime capabilities, drones, and the production of missile components. A total of about 2.2 billion Danish kroner (295 million euros) was allocated.

"In March, I visited a number of Ukrainian defense industry companies in Kyiv and it is clear that there is great potential for future cooperation, which can supply requested equipment to Ukraine, which will help make a difference on the battlefield," said Danish Defense Minister Troels Lund Poulsen.

The minister emphasized that direct investment in the Ukrainian defense industry is a new initiative that can inspire other countries to do the same so that Ukraine can produce more military equipment itself.

In total, Denmark has already announced military support for Ukraine worth almost DKK 41.4 billion (EUR 5.9 billion).

Author – Anastasiya Glotova, 17/04/2024

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