This need some clarification. Nammo is an international company with headquarters in Norway. 50% is owned by the Norwegian government and the other 50% by the Finnish company Patria Industries.
Cause we Danes generally don't like war, I believe, and in 2007 we didn't think it would be at our doorstep. Don't encourage what you don't condone, right?
I'm sad it hasn't been reopened sooner, for the shells have been needed for years, but better late than never and all that
This factory stopped production in 2008 and production will start in 2027.
Danish government just open the wallet even more so hopefully they can start the production earlier.
Love it! The United States contributed approximately $1.5 billion to Ukrainian war, with 70% of that amount returning to the US through the production of weapons and artillery. Trump is a complete idiot. The US will be his 7th bankruptcy.
I am corrected 😊 Even though the Norwegian company Kongsberg Gruppen owns half of the Finnish company Patria, who is on the Finnish side of the deal with Norway in Denmark.
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Hence fair to say that Nammo is primarily Norwegian owned with significant but secondary Finnish ownership.
I'm sad it hasn't been reopened sooner, for the shells have been needed for years, but better late than never and all that
Danish government just open the wallet even more so hopefully they can start the production earlier.
But that's the world we live in, and we have to do our part. I hope for a swift setup, and that output can be increased swiftly
War has come to us, and we have to fight
Nordic cooperation at is finest for Ukraine!
DESTROY PUTIN AND RUSSIA!
🇵🇹 Government is also searching for an industrial partner for a new ammunition plant.
Up to 51% Government shareholder participation.