France and Germany allow tank manufacturer KNDS to establish a local branch in Ukraine
Kyiv • UNN
Germany and France have allowed tank manufacturer KNDS to establish a local subsidiary in Ukraine to produce spare parts and train local workers.
Germany and France have reached an agreement that will allow the French-German tank manufacturer KNDS to set up a local branch in Ukraine to produce spare parts and train local workers. This was reported by UNN with reference to Reuters.
Details
According to the newspaper, German Defense Minister Boris Pistorius and French Defense Minister Sebastian Lecorneuil and their teams have reached an agreement to allow tank manufacturer KNDS to set up a local branch in Ukraine to produce spare parts and train local workers.
We are announcing that KNDS (...), a German-French company, will establish a local presence in Ukraine,
For reference
Tank manufacturer KNDS is a holding company created by French Nexter and German Krauss-Maffei-Wegmann.
Recall
Germany and France have reached a "breakthrough" agreement on the development of MGCS tanks. The agreement to start the first stage of development includes an agreement to evenly distribute production volumes between the two countries.
