SWEBAL, based in Stockholm, has secured €3M in funding to construct Sweden's first TNT production facility since the 1990s, driven by a significant shortage in Europe. Notable investors include Major General (ret) Karl Engelbrektson, highlighting the urgent necessity to ramp up military production amidst a global arms build-up and shifting political realities. Europe currently lags far behind Russia in TNT production, leading to skyrocketing prices and slow procurement processes. Founded in 2024, SWEBAL aims to centralize TNT supply chains, strengthening NATO's production capabilities and overall resilience in the face of emerging military challenges.
Major General (ret) Karl Engelbrektson emphasizes the urgent need for increased military production capacity in response to evolving global conflicts and a critical TNT shortage in Europe.
Joakim Sjöblom, co-founder of SWEBAL, aims to address Europe's ammunition production gap, crucial for enhancing NATO's resilience against growing military challenges.
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