Rheinmetall to build at least four plants in Ukraine
Kyiv • UNN
German defense giant Rheinmetall plans to build at least four weapons manufacturing plants in Ukraine to produce shells, military equipment, gunpowder, and anti-aircraft weapons.
The German defense giant Rheinmetall plans to build at least four weapons manufacturing plants in Ukraine. This is reported by The Guardian, according to UNN.
Details
The company said that the plants in Ukraine will produce shells, military equipment, gunpowder, and anti-aircraft weapons.
Rheinmetall reported record sales of €7.2 billion last year and aims to exceed €10 billion in 2024.
"Ukraine is now an important partner for us, where we see a potential of EUR 2-3 billion [in sales] per year
It is reported that the first stone will soon be laid for the construction of the vault in Ukraine, which will be modeled after the ammunition plant that Rheinmetall is building in Germany.
