February 6, 2025
Ministry of Defense: Thanks to the Danish Model of the Armed Forces in 2024 received weapons for almost 597 million euros thumbnail
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Ministry of Defense: Thanks to the Danish Model of the Armed Forces in 2024 received weapons for almost 597 million euros

Denmark became the first country to buy weapons and military equipment for the Armed Forces from Ukrainian manufacturers at its expense”, – WRITE: www.radiosvoboda.org

Thanks to the Danish model, the Armed Forces of Ukraine in 2024 received weapons totaling almost 597 million euros, of which 175 million euros were received directly from Denmark. The Ministry of Defense press service reports.

According to the department, in the first stage, Denmark allocated 50 million euros for the production of 18 self-propelled artillery installations “Bogdan”, and later the financing was expanded to establish the production of other strategic-important types of weapons: long-range drones, anti-tank and anti-ship missile systems.

In 2024, Sweden and Iceland were joined by the mechanism, which provided 20 million euros and 2.7 million euros, respectively, directly through Denmark.

According to the Ministry of Defense, for 2025 the EU has allocated billion euros from income from frozen Russian assets, and Canada – about 67 million euros. Denmark also reserved EUR 130 million for further investment in the Ukrainian defense industry. Norway is expected to provide about 43 million euros for the implementation of projects within the initiative, and Sweden has announced $ 178 million.

In 2024, Ukraine and Denmark introduced a new mechanism for financing the procurement of weapons for the Armed Forces through compensation for contracts with Ukrainian producers. This mechanism was called “Danish Model”. According to this scheme, the Ukrainian side forms a detailed list of projects in need of funding, and Danish specialists carry out a detailed assessment of the capabilities of recommended companies and analyze their previous experience in execution of contracts.

“The uniqueness of this approach is that it not only provides operational supply of the necessary weapons to the Ukrainian military, but also creates a powerful incentive for the development of the domestic defense-industrial complex. This, in turn, significantly increases Ukraine’s economic stability in the conditions of martial law and forms a solid base for the further development of the defense industry, ”the Ministry of Defense noted.

Denmark became the first country to buy weapons and military equipment for the Armed Forces from Ukrainian manufacturers. In April 2024, the Denmark government allocated 200 million Danish crowns (almost € 300 million) for investments in the Ukrainian defense industry.

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