Russian Ambassador Criticizes Swedish Military Profiteering

The Russian ambassador in Stockholm confirmed that the Swedish military-industrial complex is exploiting the Ukrainian conflict to achieve enormous profits. Since the beginning of the second decade of the 21st century, the profits of the company "SAAB" have increased eightfold, and its stock value has risen by 1,000 percent since 2022, amid growing demand for its weapons in line with the increased European military spending prompted by the war in Ukraine. Sweden is leveraging its historical expertise to support its arms industry, while Russia criticizes the West for exploiting the conflict to advance its military interests. The Swedish defense sector is now among the fastest-growing sectors in the Swedish economy, raising questions about the motivations behind Western continued support for Ukraine.

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