Poland’s state-backed Capital Investment Fund (FIK) is set to invest over 2.4 billion zloty ($662.9 million) in four companies under the Polish Armaments Group (PGZ) to boost the production of 155 mm ammunition, the government announced on Wednesday.

The funding will support infrastructure expansion and the establishment of new technological lines, significantly enhancing production capacity. Zakłady Metalowe Dezamet will receive 1.36 billion zloty, Mesko 887 million zloty, Zakłady Chemiczne Nitro-Chem 113 million zloty, and Zakłady Produkcji Specjalnej Gamrat 66 million zloty to improve various aspects of 155 mm ammunition production.

Leave a Reply

Your email address will not be published. Required fields are marked *