Ukraine, Spain Firms Join Forces on Armored Vehicle Development

Ukraine, Spain Firms Join Forces on Armored Vehicle Development

Business

JSC Research and Production Association Practika and Spanish company Tecnova S.L. have agreed to collaborate on the production of specialized military equipment.

Ukraine’s Minister for Strategic Industries Herman Smetanin announced the agreement on Telegram, CE Report quotes Ukrinform.

"Today in Madrid, PJSC Research and Production Association Practika and Spanish company Tecnova S.L. signed a memorandum of understanding, committing to combine their expertise in producing special and military equipment," the statement reads.

According to Smetanin, the companies will jointly develop universal and specialized armored vehicles, as well as non-military armored vehicles. Additionally, they discussed future cooperation in expanding armored vehicle production in Spain.

This partnership is expected to significantly strengthen Ukraine’s armored vehicle manufacturing capabilities.

As reported, the Polish company MISTA plans to supply Ukraine’s Defense Forces with more than 100 Oncilla wheeled armored personnel carriers in 2025.

Tags

Related articles

Major Food Factory Investment Launched in Bălți
A new state aid agreement was signed today in Bălți, paving the way for one of northern Moldova’s largest private investments in recent years.
Ministry Denies Eco-Tax Hike
The Ministry of Environment and Water has dismissed claims of a drastic rise in environmental taxes, calling recent reports of a 900% surge in eco-taxes on electric appliances baseless.
Sofia Backs Renewable Fuels
Sofia will host a renewable fuel awareness event this Friday as part of the European initiative Tour d'Europe, the Bulgarian Petroleum and Gas Association (BPGA) announced.
Kozloduy Unit 5 Restarts
Kozloduy Nuclear Power Plant's Unit 5 was reconnected to Bulgaria’s national grid on June 11 following the completion of scheduled annual maintenance.
Greece Tops Eurozone in Direct Payments
At the 9th Payments 360 Conference, Deputy Prime Minister Kostis Hatzidakis highlighted Greece’s leading role in digital payments within the Eurozone, crediting the rapid adoption of the IRIS system.
Greece Links Rent Aid to Bank Payments
Rent payments in Greece will now need to go through the banking system, Minister of National Economy and Finance Kyriakos Pierrakakis announced Wednesday at the "Greece 2025–2030" conference.
US-China Trade Deal Finalized
A new trade agreement between the United States and China has been finalized, pending approval from both presidents, according to U.S. President Donald Trump.
AI Evolution Accelerating Rapidly, Expert Says
The rise of artificial intelligence is unfolding at an incredible pace and will only speed up, said Theodor Panayotov, co-founder of EtherMind and Coursedot, at the Automotive Forum 2025 in Sofia.
2025 Greece Travel Insights
A recent Ipsos survey for Visa, conducted in early 2025, revealed insights from 1,500 travelers from the US, UK, and France planning to visit Greece next year.