Eastern Europe's arms industry is churning out guns, artillery shells and other military supplies at a pace not seen since the Cold War as governments in the region lead efforts to aid Ukraine in its fight against Russia.

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Russian forces have invaded Ukraine from land, air and sea with strikes causing widespread damage. Global leaders have condemned the move and imposed sanctions.

Ukraine Invasion

Russia has been hit by global sanctions following President Vladimir Putin's decision to invade Ukraine.

Russian Sanctions

Weapons trade booms as Eastern Europe arms Ukraine

The war in Ukraine has taken a toll on Europe's economy, but one sector is quietly. Humming homes makers in Eastern Europe are turning out weapons and ammunition at a pace. Not seen since the Cold War, many governments in the region are still wary of their old Soviet most of Russia and Keen to help. Can you resist all sperms are seizing the opportunity and state-owned PG said, makes everything from drones to on the vehicles. For Sebastian says it's almost doubling its investment plans over the next decade. We aren't developing expanding our abilities, we're preparing for increased deliveries not only to the Polish market and we are aware that we are many discussions with potential customers from stud countries who would like to quit that armies with Polish equipment. Bee Gees. That says it has to leave it all sorts of gear to Ukraine including mortars small arms and ammunition it expects 2022 revenues. To be to pre boil Target of almost 1.5 billion dollars is a similar story in the Czech Republic. What country has supplied about 2.1 billion dollars of weapons to Ukraine and arms exports are on track to hit the highest since 1989. That's according to Deputy defense, minister Thomas kopechne and for the check defense industry, the conflict in Ukraine and their systems, the industry provides to The Defenders. It's clearly a boost that we have not seen in the last 30 years. It is not only the biscia, it will be an absolute record in the export of military material. It's about the fact that historically we can get access to technology to partnership with one of the world's largest arms Industries and that's a huge opportunity. Play a calculator on the combination weapons for the Soviet Bloc war in Ukraine. Has the factory he's busy again but no longer in service to the Kremlin.

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Ukraine Invasion

Russian Sanctions