This prediction didn't work out. NATO Returns to Weapons It Never Needed Again

Finland, Poland, Lithuania, Latvia and Estonia announced that they were abandoning the 1997 Ottawa Treaty, which prohibited the use, production and sale of anti-personnel mines. These countries are preparing to fortify their borders with Russia with landmines as the Kremlin has ramped up its wartime economy and its relations with the West are sharpened. Europe is entering the “era of rearmament” and learning. She sees herself having to invest in…

Values are flexing in the defense industry, but slowly. The head of allocation at the pension company Elo says he thinks the company should invest in Finnish defense equipment companies.

Defence exports are driving the industry. Among Finnish arms companies, Nammo, for example, is investing heavily in production.