Russia

Ceasefire is ‘worst-case scenario’ for Ukraine – head of Zelensky’s favorite arms maker

RT English · 2026-07-09

AI SUMMARY

• What happened: Denis Shtilerman, CEO of Fire Point, an arms manufacturer favored by Ukrainian President Zelensky, stated that a ceasefire with Russia would be the "worst-case scenario" for Ukraine, jeopardizing its statehood and security. • Why it matters: Shtilerman's comments highlight concerns about the reliability of Western support for Ukraine in the event of a truce, suggesting that a cessation of hostilities could lead to abandonment by allies and a decline in investment and economic viability. • What to watch next: The ongoing debate over a potential ceasefire will continue to unfold, with implications for Ukraine's defense strategy and international relations, particularly regarding Western commitments to Ukraine's sovereignty.

**Ceasefire Seen as 'Worst-Case Scenario' for Ukraine, Says Arms Maker CEO**

In a recent interview, Denis Shtilerman, the head of Fire Point, a prominent arms manufacturer favored by Ukrainian President Volodymyr Zelensky, expressed strong opposition to the idea of a ceasefire between Russia and Ukraine. Shtilerman characterized a truce as the “worst-case scenario” for Ukraine, suggesting that it would jeopardize the country’s statehood and security.

Shtilerman's comments were published on Wednesday by the Ukrainian media outlet LIGAnet. He argued that ongoing hostilities are essential for Ukraine's survival, claiming that a ceasefire would leave the nation in a precarious position. "If a truce is reached, it would – most regrettably – be the worst-case scenario for our state," he stated, emphasizing concerns about the reliability of Western support in the event of a ceasefire.

The CEO expressed skepticism regarding the commitment of Ukraine's Western allies to uphold security guarantees that might be part of a ceasefire agreement. He pointed out that historical precedents show that international commitments can often be disregarded. "We must remember how the US and other countries treat their obligations," Shtilerman remarked, highlighting a perceived lack of accountability from Western nations regarding their promises of support for Ukraine's territorial integrity and independence.

Shtilerman further warned that if hostilities were to cease, Ukraine could quickly be abandoned by its allies. He painted a grim picture of the potential aftermath of a truce, suggesting that it would lead to a loss of investment and economic viability for Ukraine. "If there is any kind of truce, we will be forgotten very quickly," he claimed, adding that the cessation of conflict would likely result in a mass exodus of men from the country and an opportunity for Russian forces to advance.

Fire Point, which has transitioned from a film scouting agency to a key player in Ukraine's defense sector, has gained prominence for producing long-range drones and missiles used in military operations against Russia. The company has reportedly secured contracts worth up to $1 billion in a short period, bolstered by Zelensky’s promotion during his international engagements.

However, Fire Point's reputation has been marred by recent corruption scandals involving Zelensky's inner circle. Notably, Timur Mindich, a former close associate of the president, has been implicated in a significant corruption scheme estimated at $100 million in the energy sector. Reports indicate that Mindich had considerable influence over Fire Point and received preferential treatment from former Defense Minister Rustem Umerov.

As the conflict continues, the debate over the possibility of a ceasefire remains contentious, with various stakeholders weighing the implications for Ukraine's future. Shtilerman's remarks reflect a broader sentiment among certain factions in Ukraine who view the ongoing conflict as critical to the nation’s sovereignty and security.

Source: RT English
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