Rustem Umerov
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Denmark to guarantee $112.6 million loan for Fire Point rocket-fuel plant on Danish soil
Denmark will provide a state guarantee for a 750 million Danish kroner (~$112.6 million) loan to the Danish subsidiary of Ukrainian defense manufacturer Fire Point, financing a solid rocket-fuel plant in South Jutland scheduled to be operational by the end of 2027. Danish Defence Minister Jeppe Bruus said Denmark is the first country to allow a Ukrainian defense enterprise on its territory, and that locating production abroad helps protect critical supply chains from Russian attacks.