Turkey’s Baykar to set up drone production facility in Ukraine

News

24.03.2026 | 23:32
Armenian NGOs Warn Vardanyan’s Political Past Threatens Constitutional Court Independenc
24.03.2026 | 12:10
Statement of Armenian Civil Society on Inappropriate Conduct and Rhetoric by the Prime Minister
18.03.2026 | 21:29
‘I Think the Process Won’t Take Long’: Vassilis Maragos on Armenia-EU Visa Dialogue: VIDEO
17.03.2026 | 13:52
The “American” Newspaper That Comes from Moscow: Inside the Wyoming Star Operation in Armenia
06.03.2026 | 21:00
Navigating Identity and Democracy: Dr. Neville Bolt on Armenia’s Challenges and Opportunities: VIDEO
22.12.2025 | 17:27
 From idea to implementation: Ameriabank Presents the Programs Implemented under My Ameria, My Armenia CSR Campaign
10.12.2025 | 14:32
Civil Society Groups and Public Figures Condemn Government Actions Undermining Church Freedom and Autonomy
02.12.2025 | 18:15
Euromoney Names Ameriabank Armenia’s Best Bank for Real Estate for the Second Year in a Row
02.12.2025 | 10:00
S&P Global Ratings has assigned IDBank CJSC a long-term rating of “BB-” and a short-term rating of “B” with a “stable” prospect.
26.11.2025 | 10:00
Thanks to 129 million drams of donation from Karen Vardanyan, 17 new musical instruments were provided to the Armenian National Philharmonic Orchestra.
13.11.2025 | 19:10
War of Words: Why the Kremlin and Baku Speak the Same Language
23.10.2025 | 22:00
When the border passes through the house: Baarle, one village with two states
23.10.2025 | 14:29
Dubai Chamber of Commerce organises bilateral business forum in Yerevan to strengthen trade and investment cooperation with Armenia
16.10.2025 | 15:48
200 Scholarships for the Best Students. Ameriabank Announces a Contest for the Second Year in a Row
18.09.2025 | 15:45
Women in Agriculture: Europe’s Slowly Changing Reality
More

The Turkish manufacturer of drones Baykar is developing an investment project to build a research center for advanced technologies in aerospace engineering and a production center for drone assembly in Ukraine, Deputy Director General for Investments Natalya Ozden has said.

“Baykar intends to invest in Ukraine, and is currently developing a corresponding investment project,” she said during the International Defense Investment Forum in Kyiv.

According to her, the project provides for 100% investment by Baykar in the creation of a new research and development center, the creation of production facilities and drone assembly, as well as maintenance and repair shops with accompanying services.

At the same time, according to Ozden, there is a need for discussion about the incentives existing in Ukraine to support investors, in particular, those provided for by the laws on supporting projects with significant investments (the law on investment nannies) and on industrial parks.