Terma A/S Expands into Ukraine
At a meeting dedicated to the development of aviation capabilities of the Armed Forces of Ukraine, CEO of Danish defense company Terma A/S, Henrietta Hallberg Tjugesen, officially announced the opening of a representative office in Ukraine.
Deputy Minister of Defense for Aviation Development Oleksandr Kozenko welcomed the move, calling it “very good news that fully meets the aspirations of Ukraine.”
Key Areas of Cooperation
During negotiations, both parties focused on priority areas of collaboration:
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Integration of Terma A/S equipment into the existing fleet of the Ukrainian Air Force.
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Enhancement of aviation systems for detection, warning, and countermeasures against airborne threats.
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Exploration of domestic military and civil aircraft manufacturing projects, with potential Danish participation.
Strategic Significance
The presence of Terma A/S in Ukraine strengthens:
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Direct defense industry cooperation with a NATO country.
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Technology transfer and modernization of Ukrainian aviation capabilities.
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Opportunities for joint R&D and production projects, aligning Ukraine’s defense sector with European standards.
“This decision creates a foundation for deeper cooperation in aviation and supports Ukraine’s goal of building a modern, resilient defense ecosystem,” — Oleksandr Kozenko.
Next Steps
The parties agreed to:
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Maintain active consultations.
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Implement agreed integration projects.
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Explore joint ventures in military and civilian aviation.
Meanwhile, the Ministry of Defense also discussed with the EU delegation, led by Matti Maasikas, the effect of sanctions against Russia and the importance of financing Ukraine’s defense industry.
Investment Outlook
The establishment of a Terma A/S office in Ukraine signals:
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Confidence in Ukraine’s defense market as a long-term partner.
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Expansion of European defense supply chains into Ukraine.
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New opportunities for foreign investors in aerospace and dual-use technologies.
