Tuesday, May 13. Russia’s War On Ukraine: News And Information From Ukraine

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Ukraine’s defense industry has tripled its production capacity over the past year, from $12 billion in armaments to $35 billion projected for 2025, according to Strategic Industries Minister Herman Smetanin.

On May 12, a Russian drone attack on a vehicle killed one person and injured three others in Sumy oblast, or province, in northern Ukraine.Donetsk region.

Speaking at the EU–Ukraine Defense Industry Forum on May 12, Smetanin credited stronger cooperation with European partners for the dramatic growth, allowing Ukraine to produce more than 30% of the weapons and ammunition used by its armed forces.

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Category: BusinessFinance

Markets: United StatesFrancePolandTurkeyUkraine

Topics: Breaking-ukraine World Affairs Trump /business Politics Standard Trump No Paywall News No-paywall News Business Business Politics Ukraine Russia

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-13 @ 06:06:03 (1 days ago)

News Timezone: GMT -5:00

News Source URL: forbes.com

Language: English

Article Length: 859 words

Reading Time: 5 minutes read

Sentences: 32 lines

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Copyright Owner: © Forbes

News ID: 28673477

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