Ammunition factory in Poland is getting closer. There are millions for its construction

Let us recall that a few weeks ago, the Polish Military Group joined forces with the Niewiadów Group. The new entity intends to focus, among other things, on the construction of a modern artillery ammunition factory in Niewiadów. The subject of production is to be 155 mm artillery ammunition. The start of production is planned for the fourth quarter of 2026.

As reported on Tuesday, May 20, the Polish Military Group and the Niewiadów Group have signed an agreement with a fund from the Fidera Group to provide financing worth PLN 250 million for the construction of a modern ammunition factory in Niewiadów.

Strengthening the position of a leading provider of defense solutions

- Concluding an agreement with the Fidera fund is a key step in consolidating our production potential and strategically strengthening our position on the defense market. The exclusivity deadline for agreeing on key documentation - June 10, 2025 - is ambitious, but we believe that with our full commitment it is achievable. The Fidera fund brings extensive experience and professionalism to the project, which is an important foundation for further negotiations - indicates Grzegorz Niedzielski, President of the Management Board of the Niewiadów Group.

- With this transaction, we are strengthening our position as a leading provider of solutions for the defense sector in Poland. The partnership with Fidera allows us to significantly expand and provides stable financing necessary to implement technologically advanced military projects - commented Radomir Woźniak, CEO of PGM.