French Arms Maker KNDS Finalizes Plan to Create Ukraine Subsidiary
20240607
MOSCOW (Sputnik) - The French-German arms maker KNDS finalized the creation of a subsidiary in Ukraine on Friday, during a ceremony broadcast by the BFMTV news website.
KNDS Group Chairman Philippe Petitcolin signed a document in Paris, in the presence of Ukrainian President Volodymyr Zelensky and French Defense Minister Sebastien Lecornu, which officially establishes the Ukrainian subsidiary.
KNDS France makes long-range 155mm Caesar howitzers for Ukraine. Lecornu and his German counterpart, Boris Pistorius, said late in March that the Ukrainian subsidiary would produce both military equipment and munitions.
© Sputnik
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