Business

Niewiadów has an ammunition contract with German Rheinmetall. Record share price


It was omitted among the 139 entities that were supposed to be beneficiaries of the SAFE program, according to media information from representatives of the private company Niewiadów PGM. This is an entity that, according to the latest information, is to start producing 155 mm ammunition, which the Polish army lacks the most, at the end of this year, in the amount of 120,000. pieces per year. Ultimately, it is to be 180,000. annually.

The project is co-financed by, among others: By Forum 119 FIZ (Fidera Group fund), which is the main strategic investor in Niewiadow and co-financed the construction of a 155 mm ammunition factory with PLN 250 million and the construction of a 40 mm ammunition factory with PLN 60 million. The Ministry of State Assets did not respond positively to the company's proposal of co-financing, and the company is not on the list of co-financing from large government programs for ammunition.

Ashley Davis

I’m Ashley Davis as an editor, I’m committed to upholding the highest standards of integrity and accuracy in every piece we publish. My work is driven by curiosity, a passion for truth, and a belief that journalism plays a crucial role in shaping public discourse. I strive to tell stories that not only inform but also inspire action and conversation.

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