Denmark still building fuel facility for Ukrainian drone and missile maker Fire Point despite co-owner’s claim contract was frozen

The Danish government has not ended cooperation with Ukrainian missile and drone manufacturer Fire Point, despite a recent statement by the company’s management. Last week, Fire Point co-founder Denys Shtilerman said Denmark had frozen an earlier contract to build a fuel facility in the country after reports emerged about Fire Point being under the influence of Ukrainian-Israeli businessman Tymur Mindich, who has been charged with fraud in Ukraine’s energy sector. Denmark’s Ministry of Business and Industry rejected the claim.

In response to a request from The Insider, the ministry said Danish authorities had not suspended contracts with the company “either now or previously.”

“The Danish authorities have not paused the work, either now or previously. Cooperation with the company on establishing production in Denmark through Fire Point’s Danish subsidiary is continuing. The Danish authorities are in ongoing contact with the Ukrainian authorities and are following the case closely,” the ministry representative stated.

The Ukrainian missile and drone manufacturer announced plans to build a plant in Denmark this past March. The facility will produce not only fuel but also missile bodies and engine components. The former production line is scheduled to be commissioned in 2026, while the latter will follow next year.