Armament Manufacturers Council launched in Ukraine
The Ukrainian Armament Manufacturers Council has started its work. It is a platform that consolidates the private defence industry for effective interaction with government agencies, military, and international partners.
Source: press service of the Armament Manufacturers Council
Details: The Armament Manufacturers Council includes the League of Defense Сompanies of Ukraine, Ukraine's Robotic Forces, the Association of Electronic Warfare/Electronic Signals Intelligence Manufacturers, Techosystem Defense, Defence Alliance of Ukraine, the Association of Manufacturers of Unmanned Systems and Related Technologies ARMADA, and the D3 Venture Capital investment fund.
Oleksandr Kamyshin, Advisor to the President of Ukraine on Strategic Issues and former Minister of Strategic Industries, has become the Chairman of the Armaments Manufacturers Council.
The Executive Director is Ihor Fedirko, former Deputy Director of Humanitarian Demining at Ukroboronservice and Head of the State Centre for Humanitarian Mine Clearance.
Quote: "The unification of manufacturers into a single advocacy organisation is a proven effective practice used around the world."
Background: The Ukrainian Defence Industry (also known as Ukroboronprom, a strategic manufacturer of weapons and military hardware in Ukraine) and Thales International SAS, a French company specialising in the development of information systems for the aerospace and military sectors, have signed an agreement to build a joint venture.
Support Ukrainska Pravda on Patreon!
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
23 minutes ago
- Yahoo
Macron to push for ban on social media for under-15s after school stabbing
PARIS (Reuters) -French President Emmanuel Macron said he would push for European Union regulation to ban social media for children under the age of 15 after a fatal stabbing at a school in eastern France, the latest such violent attack that left the country reeling. Macron said in an interview late on Tuesday that he hoped to see results within the next few months. "If that does not work, we will start to do it in France. We cannot wait," he told the France 2 public broadcaster, hours after a fatal stabbing at a middle school in Nogent, Haute-Marne. Police questioned a 14-year-old student on Tuesday over the knifing of a 31-year-old school aide during a bag search for weapons. Prime Minister Francois Bayrou told parliament the incident was not an isolated case. Macron said social media was one of the factors to blame for violence among young people. Writing on social media platform X after the interview, Macron said such regulation was backed by experts. "Platforms have the ability to verify age. Do it," he wrote. Macron's comments come amid a wave of measures in countries around the world aimed at curbing social media use among children. Australia last year approved a social media ban for under-16s after an emotive public debate, setting a benchmark for jurisdictions around the world with one of the toughest regulations targeting Big Tech. Although most social media do not allow children under 13 to use their platforms, a report by Australia's online safety regulator found children easily bypass such restrictions.
Yahoo
33 minutes ago
- Yahoo
France Prepaid Card and Digital Wallet Market Intelligence Report 2025-2029: Corporate Integration Driving Growth, E-Commerce Boom Fuels Adoption
Integration with mobile payments and improved regulations will enhance market efficiency, promoting cashless transactions and innovation. Key players like Sodexo and Swile are leading growth through strategic partnerships and acquisitions. French Prepaid Card and Digital Wallet Market Dublin, June 11, 2025 (GLOBE NEWSWIRE) -- The "France Prepaid Card and Digital Wallet Market Intelligence and Future Growth Dynamics Databook - Q2 2025 Update" report has been added to prepaid card and digital wallet market in France is expected to grow by 6.3% on annual basis to reach US$ 38.44 billion in 2025. The prepaid card and digital wallet market in the country has experienced robust growth during 2020-2024, achieving a CAGR of 10.8%. This upward trajectory is expected to continue, with the market forecast to grow at a CAGR of 5.3% during 2025-2029. By the end of 2029, the prepaid card and digital wallet market is projected to expand from its 2024 value of US$ 36.15 billion to approximately US$ 47.30 billion. The prepaid card market in France is evolving steadily, fueled by increased digital payment adoption, integration with mobile wallets, and corporate utilization. The growing demand for secure and flexible payment solutions, particularly in the e-commerce sector, has expanded the market. As businesses and consumers continue to embrace cashless transactions, financial institutions and fintech firms are expected to introduce more innovative prepaid card offerings tailored to specific user cards will play an increasingly prominent role in France's financial landscape, particularly as digital payment infrastructure improves. The continued rise of mobile payments and strategic partnerships between financial institutions and technology providers will further enhance the market's accessibility and efficiency. Companies prioritizing innovation, regulatory compliance, and enhanced security measures will be well-positioned to capitalize on the expanding opportunities in France's prepaid card Growth in Prepaid Card Adoption The rise of e-commerce and the increasing preference for cashless transactions have contributed to this growth. Consumers seek secure and convenient payment methods, and prepaid cards offer a controlled spending mechanism without the need for traditional bank accounts. The prepaid card market is expected to continue expanding steadily, driven by technological advancements and the growing acceptance of digital payments. Financial institutions and fintech companies will likely introduce more innovative prepaid solutions for diverse consumer needs. Integration with Digital Wallets and Mobile Payments Prepaid card integration with digital wallets and mobile payment platforms is gaining momentum in France, providing users with more flexible and convenient payment options. Major financial institutions and fintech companies are enhancing their digital offerings by linking prepaid cards to platforms such as Apple Pay, Google Pay, and Paylib. This integration allows consumers to conduct transactions seamlessly without relying on physical cards, further driving cashless payment adoption. The rise in smartphone penetration and improved internet access across France have been key factors in facilitating this shift. Consumers increasingly prefer digital wallets for their security, ease of use, and ability to centralize multiple payment methods in one application. Additionally, businesses are leveraging this trend by offering prepaid cards that integrate with digital wallets, allowing for smoother expense management and loyalty rewards. Over the next two to four years, the synergy between prepaid cards and mobile payments is expected to strengthen as technological advancements improve the security and functionality of digital transactions. More businesses and financial service providers will likely enhance their prepaid card solutions to meet the growing consumer demand for contactless and mobile payments. As regulations evolve to support digital transactions, prepaid cards will play an even more significant role in France's cashless economy. Key Players and Market Share The French prepaid card market features a mix of established financial institutions and emerging fintech companies. Prominent players include Sodexo, which has expanded its presence by acquiring French gift card startup Wedoogift. In recent years, new entrants have introduced innovative prepaid solutions to cater to evolving consumer preferences. For instance, Swile, a French startup, has developed a payment card that consolidates various employee benefits, including gift cards, into a single platform. The company raised US$ 200 million in a Series D funding round in October 2021 to support its expansion plans. Anticipated Market Evolution (Next 2-4 Years) The competitive intensity in France's prepaid card market is anticipated to increase, driven by technological advancements and evolving consumer preferences. Established players are expected to enhance their digital offerings, while new entrants may introduce innovative solutions such as cryptocurrency-based prepaid cards. Strategic partnerships and acquisitions are likely to continue as companies seek to expand their market share and diversify their product portfolios. Additionally, regulatory developments to increase transparency and reduce transaction costs influence market dynamics, encouraging competition and innovation. ScopeFrance Prepaid Payment Instrument Market Size and Forecast Transaction Value Trend Analysis Transaction Volume Trend Analysis Average Value per Transaction Market Share Analysis by Prepaid Card vs. Digital Wallet France Digital Wallet Market Size and Forecast Transaction Value Trend Analysis Transaction Volume Trend Analysis Average Value per Transaction Market Share Analysis by Key Segments France Digital Wallet Market Size and Forecast by Key Segments Retail Shopping (Value, Volume, Avg. Value) Travel (Value, Volume, Avg. Value) Restaurant (Value, Volume, Avg. Value) Entertainment and Gaming (Value, Volume, Avg. Value) Recharge and Bill Payment (Value, Volume, Avg. Value) France Digital Wallet Retail Spend Dynamics Food and Grocery - Transaction Value Health and Beauty Products - Transaction Value Apparel and Foot Wear - Transaction Value Books, Music and Video - Transaction Value Consumer Electronics - Transaction Value Pharmacy and Wellness - Transaction Value Gas Stations - Transaction Value Restaurants & Bars - Transaction Value Toys, Kids, and Baby Products - Transaction Value Services - Transaction Value Others - Transaction Value France Prepaid Card Industry Market Attractiveness Load Value Trend Analysis Transaction Value Trend Analysis Transaction Volume Trend Analysis Average Value per Transaction Number of Cards Market Share Analysis by Functional Attributes - Open Loop vs. Closed Loop Market Share Analysis by Prepaid Card Categories France Open Loop Prepaid Card Future Growth Dynamics Transaction Value Trend Analysis Transaction Volume Trend Analysis Average Value per Transaction Number of Cards France Closed Loop Prepaid Card Future Growth Dynamics Transaction Value Trend Analysis Transaction Volume Trend Analysis Average Value per Transaction Number of Cards France Prepaid Card Consumer Usage Trends By Age Group By Income Group By Gender France Prepaid Card Retail Spend Dynamics Food and Grocery - Transaction Value Health and Beauty Products - Transaction Value Apparel and Foot Wear - Transaction Value Books, Music and Video - Transaction Value Consumer Electronics - Transaction Value Pharmacy and Wellness - Transaction Value Gas Stations - Transaction Value Restaurants & Bars - Transaction Value Toys, Kids, and Baby Products - Transaction Value Services - Transaction Value Others - Transaction Value France General Purpose Prepaid Card Market Size and ForecastFrance Gift Card Market Size and ForecastGift Card Market Size and Forecast by Functional Attribute By Open Loop Gift Card By Closed Loop Gift Card Gift Card Market Size and Forecast by Consumer Segments By Retail Consumer Segment By Corporate Consumer Segment Gift Card Market Share Analysis by Retail Categories Gift Card Market Share Analysis by Gifting Occasion Gift Card Market Share Analysis by Purchase Location France Entertainment and Gaming Prepaid Card Market Size and ForecastFrance Teen and Campus Prepaid Card Market Size and ForecastTeen and Campus Prepaid Card Market Size and Forecast by Functional Attribute By Open Loop Teen and Campus Prepaid Card By Closed Loop Teen and Campus Prepaid Card France Business and Administrative Expense Prepaid Card Market Size and ForecastBusiness and Administrative Expense Prepaid Card Market Size and Forecast by Consumer Segments By Small Scale Business Segment By Mid-Tier Business Segment By Enterprise Business Segment By Government Segment France Payroll Prepaid Card Market Size and ForecastPayroll Prepaid Card Market Size and Forecast by Consumer Segments By Small Scale Business Segment By Mid-Tier Business Segment By Enterprise Business Segment By Government Segment France Meal Prepaid Card Market Size and ForecastMeal Prepaid Card Market Size and Forecast by Consumer Segments By Small Scale Business Segment By Mid-Tier Business Segment By Enterprise Business Segment By Government Segment France Travel Forex Prepaid Card Market Size and ForecastTravel Forex Prepaid Card Market Size and Forecast by Consumer Segments By Retail By Small Scale Business Segment By Mid-Tier Business Segment By Enterprise Business Segment By Government Segment France Transit and Tolls Prepaid Card Market Size and ForecastFrance Social Security and Other Government Benefit Programs Prepaid Card Market Size and ForecastFrance Fuel Prepaid Cards Market Size and ForecastFrance Utilities, and Other Prepaid Cards Market Size and ForecastFrance Virtual Prepaid Card Industry Market Attractiveness Transaction Value Trend Analysis Transaction Volume Trend Analysis Average Value per Transaction Market Share Analysis by Key Virtual Prepaid Card Categories France Virtual Prepaid Card Market Size by Key Categories General Purpose Prepaid Card - Transaction Value Gift Card - Transaction Value Entertainment and Gaming Prepaid Card - Transaction Value Teen and Campus Prepaid Card - Transaction Value Business and Administrative Expense Prepaid Card - Transaction Value Payroll Prepaid Card - Transaction Value Meal Prepaid Card - Transaction Value Travel Forex Prepaid Card - Transaction Value Transit and Tolls Prepaid Card - Transaction Value Social Security and Other Government Benefit Programs Prepaid Card - Transaction Value Fuel Prepaid Cards - Transaction Value Utilities, and Other Prepaid Cards - Transaction Value Key Attributes: Report Attribute Details No. of Pages 159 Forecast Period 2025 - 2029 Estimated Market Value (USD) in 2025 $38.44 Billion Forecasted Market Value (USD) by 2029 $47.3 Billion Compound Annual Growth Rate 5.3% Regions Covered France For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Attachment French Prepaid Card and Digital Wallet Market CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
38 minutes ago
- Yahoo
Russian attack destroys building and agricultural equipment in Dnipropetrovsk Oblast
Russian forces have attacked the Nikopol and Synelnykove districts of Dnipropetrovsk Oblast, causing a fire at the premises of a company and damaging a high-rise building, houses and vehicles. Source: Serhii Lysak, Head of Dnipropetrovsk Oblast Military Administration, on Telegram Quote: "The enemy targeted the Vasylkivka hromada with UAVs in the Synelnykove district. A fire broke out at the premises of a company. A building and agricultural equipment have been destroyed." [A hromada is an administrative unit designating a village, several villages, or a town, and their adjacent territories – ed.] The aftermath of the Russian attack on Dnipropetrovsk Oblast Photo: Lysak on Telegram Details: The Russians struck the Velykomykhailivka hromada with a guided aerial bomb, damaging residential buildings. The aftermath of the Russian attack on Dnipropetrovsk Oblast Photo: Lysak on Telegram Russian troops hit the Nikopol district with artillery and kamikaze drones, targeting the district centre (the city of Nikopol) and the Marhanets and Pokrovske hromadas. "A high-rise building was damaged. There were no casualties," Lysak concluded. Support Ukrainska Pravda on Patreon!
