La Polonia aumenta la produzione di miniere. Investimento record

Deepl translation:

On December 29, an investment agreement was signed at the Ministry of State Assets as part of the recapitalization of Bydgoskie Zakłady Elektromechaniczne “Belma” S.A. with funds obtained from the Capital Investment Fund (FIK).

The investment project implemented by Bydgoskie Zakłady Elektromechaniczne “Belma” S.A. entitled “Development of the production capacity of Bydgoskie Zakłady Elektromechaniczne ‘Belma’ S.A. for the purposes of the national security plan ”Tarcza Wschód“ (Eastern Shield) and the needs of the Polish Armed Forces” is being implemented in the years 2025-2027. As emphasized in the PGZ announcement, the co-financing and total cost of the BZE Belma project is PLN 311.227 million.

Commenting on the signing of the agreement, Deputy Minister of Defense Cezary Tomczyk stated that the production of anti-tank mines will be increased 25-fold. He added that thanks to the decision to withdraw from the Ottawa Convention, it will also be possible to produce anti-personnel mines. After the notice period expires, Poland intends to start producing anti-personnel mines, with BZE Belma as the main manufacturer.

Investments in Bydgoskie Zakłady Elektromechaniczne “Belma” S.A. will translate into increased national security. The recapitalization of Belma will not only enable an increase in special production in response to the needs of the Polish Army, but above all, it will be an important element in securing the borders of the Republic of Poland. Belma, through its production profile, which includes, among others, mine-barrier systems and its contribution to the production of BAOBAB-K surface mining systems, is one of the key entities involved in the implementation of the National Deterrence and Defense Program called “Shield East.” The recapitalization by the State Treasury will increase production capacity, including in the area of mining. This clearly proves that the State Treasury sees Belma and PGZ as the main entities securing the Polish Armed Forces in this type of production, said Adam Leszkiewicz, President of the Management Board of Polska Grupa Zbrojeniowa S.A.
The purpose of the planned acquisition of shares is to expand the production capacity of Bydgoskie Zakłady Elektromechaniczne “Belma” S.A., resulting from significant geopolitical changes and the need to adapt the economic and defense potential of the Polish state to them. It is worth noting that the recapitalization of Belma, on a scale unseen in this area of the industry for decades, coincides with the signing of a contract for the Baobab-G mining system by the Armament Agency, and Belma will participate in its production (the main contractor is HSW).

We view the signing of the Investment Agreement as part of the recapitalization of Bydgoskie Zakłady Elektromechaniczne “Belma” S.A. with funds obtained from the Capital Investment Fund as an expression of enormous trust and recognition for the Company’s employees for their contribution to date in the production of mining and the Baobab-K overlay mining system for the Polish Armed Forces, but above all as a milestone in the direction of multiplying the defense potential of the Republic of Poland to strengthen Poland’s role for the purposes of the National Deterrence and Defense Program called “Shield East.” This applies both to the defense of Polish borders and to the multiplication of production capacity for the construction of Baobab-K overlay mining systems for the entire eastern flank of Europe, where BZE Belma S.A. may become a key supplier of state-of-the-art systems for automated minefield laying by 2029, said Jarosław Zakrzewski, President of the Management Board of Bydgoskie Zakłady Elektromechaniczne BELMA S.A.

The investment will increase the company’s production capacity in its main area of activity (i.e., the production, assembly, and development of mine-barrier systems and warheads for unmanned aerial vehicles), create stable jobs, and translate into the development of innovative technologies and know-how as part of R&D work.

Russians will probably do to their crippled soldiers the same thing they did in ww2- shove them all into underfunded “veteran homes” to just starve them all.

Honestly it’s fine, rare earth metals are big money and poland needs the GDP boost for sure