investment

European Defence Stocks Surge on Greenland Rift and Rising Budgets

Analysis, Business

Investors in Europe’s defence industry are unintended winners from the Greenland drama, beyond Moscow and Beijing. Donald Trump’s threats towards Denmark have accelerated a trend already underway, as rising military budgets and doubts about the durability of US security guarantees push European arms makers to record valuations. Markets are treating rearmament less as a political

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From Saabs to Armoured Vehicles: Finland’s Uusikaupunki Car Plant Becomes a Defence-Industry Asset

Business

The transformation of Valmet Automotive’s Uusikaupunki plant from a Saab car line to a future armoured-vehicle factory marks a new chapter in Finland’s industrial evolution: farewell, cars — welcome, armour. When Patria Land Oy and Valmet Automotive Oyj announced their Letter of Intent (LOI) to cooperate on the manufacturing and testing of armoured vehicles, it

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