PGZ signs agreement with Saab on navy ships
18:26
The Polish Armaments Group (PGZ) has signed an agreement with the Swedish company Saab to cooperate on the construction of new ships for the Polish Navy, representatives of the two companies announced. The document envisages cooperation in the development and delivery of submarines and surface ships for Poland, as well as for export customers.
“I believe that cooperation between PGZ and Saab will be beneficial both for our partner and for the Polish Navy. Ensuring Poland's security, also on the sea, is one of the most important aims of PGZ's activities. The signed agreement opens up wide-ranging opportunities for technological cooperation for the Polish defense and shipbuilding industries, and the prospect of acquiring the most modern ships for the Polish Navy ,” PGZ president Arkadiusz Siwko said.
PGZ is a state-owned defense holding company that manufactures military equipment. The group comprises over 60 companies, employing over 17,500 people. PGZ has an annual turnover of around PLN 5 billion.
