Business news from Ukraine

Business news from Ukraine

Rheinmetall is building 4 weapons production plants in Ukraine – Papperger

27 October , 2024  

The first plant of the defense concern Rheinmetall is already operating in Ukraine, and the second is on the way, Rheinmetall CEO Armin Papperger told TSN.
“The first plant is already in operation. The Ukrainian defense industry is our partner. We now have a production facility and a service facility,” Papperger said, adding that the first Lynx advanced infantry fighting vehicle in Ukraine will be launched at the end of the year.
“At the moment we are servicing infantry fighting vehicles, but also main battle tanks. So this is a very productive joint venture,” said the Rheinmetall director. He added that the company owns 51% of the shares in this enterprise.
Papperger noted that Rheinmetall is on the way to building a powder plant and an ammunition plant in Ukraine. “We also want to establish production of air defense systems so that you can defend yourselves,” he said.