Incidents

Armed Forces projectiles: EU ammunition manufacturers are afraid of commercial secrecy - media

Representatives of the Norwegian company Nammo notes that the plan of priority supply of raw materials for the production of ammunition companies for Ukraine will lead to the fact that some suppliers will not disclose data that they have in warehouses. In the European Union, they plan to oblige explosive manufacturers to priority to send their products to companies that produce ammunition for Ukraine.

The main attention is paid to the production of 155 mm artillery shells, which will help Ukraine withstand the invasion of the Russian Federation. This was reported on June 19 by Defense News. This is a "temporary extraordinary event", which is now passing through EU approval.

To this end, the European Commission announced the allocation of 1 billion euros compensation to the members of the block for the projectiles, which they transfer from their stocks, and another 500 million euros Brussels intend to allocate to expand production in Europe. "This scheme has been praised in the context of EU exit to new territories as a buyer of weapons and a catalyst for rapid growth in the defense industry," the statement said.

At the same time, the European Union acts as a regulatory body that promotes the sale of raw materials to the needy companies that produce ammunition for the needs of the Armed Forces. At the same time, this scheme will increase EU control over the European ammunition industry. And this, in turn, is of concern that the plan may require the disclosure of commercial secrecy or confidential data, which gives too many Brussels' powers.

The Official Representative of the Norwegian Nammo Production Company Wegard Sande notes that defense firms that have surplus stocks may have to sell their competitors in the future who are experiencing raw material shortages. According to him, if the EU requires companies to share its stocks, companies may not fully disclose information about what they have in warehouses.