After CSG, Polish Drone Maker Plans Next Defense IPO
More companies are looking to tap investor demand for all things military.
Hi, this is Zosia Wanat in Warsaw. Welcome to our weekly newsletter on what’s shaping economics and investments from the Baltic Sea to the Balkans. You can subscribe here.
One industry that’s flourished in Ukraine since Russia launched its full-scale invasion four years ago is drone manufacturing. By necessity, the country has become a veritable drone superpower, producing 4 million a year of different models, as Bloomberg reported late last year. Now, other parts of the region are scaling up and looking to tap hungry investors.