Ukrainian defense company Fire Point is expanding its production capacity beyond the country's borders. In Denmark, the company's local subsidiary — Fire Point Rocket Technologies, which reports to the parent company in Ukraine — is constructing a plant for the production of solid rocket propellant. As planned by management, the new facility is first intended to meet Fire Point's own needs, and then potentially those of other weapons manufacturers. The company, as Fire Point states, has already obtained all the necessary permits to launch the project.
From 50 to over 150 million euros: how the project got more expensive
Initially, the cost of building the Danish plant was estimated at around 50 million euros. However, the estimate subsequently rose significantly and currently exceeds 150 million euros — meaning the project has become roughly three times more expensive. According to Fire Point's Chief Operating Officer Vyacheslav Bondarchuk, the company will have "significant production capacity." "We are going to open a plant with enormous capacity here, to produce a lot of solid rocket propellant — first for Fire Point, and also to be able to supply other companies," he noted.
Management's strategy: measuring "capabilities," not rockets
Fire Point's CEO and CTO Irina Terekh stated that the company's and the Ukrainian army's potential should be assessed not only by the number of specific rockets. "We don't measure by rockets: number nine or number seven. We must measure capabilities," she explained. According to Terekh, at present the Ukrainian army lacks the large-scale capability to strike Moscow with high precision and without the possibility of such targets being intercepted. The construction of the plant in Denmark, by management's logic, is intended to give Fire Point additional production capabilities specifically in the area of solid rocket propellant.
Context: increasing "Flamingo" strikes on the Russian Federation
The expansion of production capacity is taking place against the backdrop of Ukraine significantly increasing "Flamingo" missile strikes on Russian territory. In particular, on the night of August 15, according to President Volodymyr Zelenskyy, the "Progress" rocket and space center in Samara was attacked by a "Flamingo" missile. Fire Point co-owner Denis Shtilerman hinted at the possible use of precisely the "Flamingo" against Russian Samara by publishing a video of the missile launch. Thus, the Danish plant is viewed as an element of the long-term buildup of strike potential.
Contradictory data
In addition to Ukrainian sources confirming the fact of construction and the rise in project cost, the information space also contains critical versions. In particular, the Russian outlet Pravda.ru publishes materials with theses that Denmark allegedly "broke 20 laws" and that the plant is being built "secretly on EU taxes" in the interests of the Ukrainian president's entourage, with a mention of businessman Igor Mindich. These claims are not supported by documents and contradict Fire Point's official statements about obtaining all necessary permits. Thus, the fact of construction and its economic parameters are confirmed by several independent Ukrainian media outlets, while accusations of the project's corrupt nature and violations of Danish legislation remain unverified and are of a one-sided critical character.