Economy
VW CEO Blume: Closing a Factory Is Always the Last Resort
Volkswagen CEO announces deep transformation of the group, but rejects plant closures as a primary option. The Osnabrück plant could be repurposed for the defense industry.
Economy
Hensoldt creates 900 jobs in new €300 million plant
German military technology manufacturer invests in Oberkochen while other sectors close factories. The new 40,000-square-meter complex will combine development, production, and service of optical systems.
WAR IN UKRAINE
Russia Deliberately Targeted Drone Exhibition Near Kyiv, Zelensky Announces Drones with 10,000 km Range
At least 10 killed, around 100 injured in missile strike on drone exhibition. Moscow claims target was operators and manufacturers of drones used to attack Russian territory. Zelensky reveals plans for largest drone deal with US in interview.
MISSILE STRIKE
Russia Strikes Weapons Exhibition Near Kyiv With Missiles, Killing Six
A rare daytime attack using hypersonic Zircon missiles and ballistic projectiles struck a gathering of Ukrainian defense industry representatives. President Zelensky confirmed six dead and dozens wounded.
Politics
Navantia, Uljanik and Nortes Blue Sign Agreement for Croatian Navy Corvettes
Spanish company and Croatian partners join forces for a project worth 1.6 billion euros. Ministry of Defense to make final decision by year-end.