Denmark to allocate €130 million in guarantees for investment in Ukrainian defense industry — Deputy Prime Minister

This was reported on Facebook by First Deputy Prime Minister and Minister of Economy Yulia Svyrydenko, Ukrinform reports.

“The Danish government has announced the introduction of a new state guarantee, within the framework of which the government, through the Danish Export and Investment Fund (Danmarks Eksport- og Investeringsfond), will cover a total of 1 billion Danish kroner (130 million euros), or up to 70% of investments by Danish companies in Ukrainian defense enterprises,” Svyrydenko noted.

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According to the Deputy Prime Minister, Denmark is thus reducing investment risks for its business, which will invest in the Ukrainian defense industry. Danish manufacturers get a unique opportunity to use Ukrainian experience, implement innovative solutions and test weapons on a real battlefield.

She also noted that Danish companies are already well acquainted with the work of EIFO, as this financial instrument is actively used to support both Danish and Ukrainian businesses, including providing guarantees for export credits, direct loans and attracting investment capital. Currently, the scope of this mechanism has been expanded to cover the military-industrial complex.

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As reported by Ukrinform, Denmark is demonstrating leadership in supporting Ukraine in the Russian-Ukrainian war and plans to attract 1.5 billion euros in investments to the Ukrainian defense industry in 2025 under the so-called “Danish model.”