9621 Agnes Crossing, Lake Suzanneview, New Mexico Island 84604-9295.
German company Rheinmetall is acquiring a majority stake in Romania’s leading automobile equipment manufacturer Automecanica Mediaș, which will contribute to strengthening the defense capabilities of the EU and
This is reported on Rheinmetall’s website, according to Ukrinform.
“The group, through Rheinmetall Landsysteme GmbH, will own 72.5% of the company, which will operate in Romania under the name Rheinmetall Automecanica SRL. The remaining shares of the company will remain in private hands. The contractual agreement must be approved by the relevant government authorities before it enters into force,” the press release said. It is necessary.” expressions were used.
In the medium term, Rheinmetall estimates the annual sales potential of the newly acquired company at around 300 million euros.
“The addition of Automecanica Mediaș to the Rheinmetall family marks another important milestone in our strategy to strengthen the Group’s presence in Central Europe, which contributes to strengthening EU and NATO defense capabilities in Eastern Europe,” said Rheinmetall CEO Armin Papperger.
It was noted that the enterprise in Mediash, Romania, will play a key role in servicing Western-made combat vehicles in Ukraine and provide logistical support. “Rheinmetall’s presence in Romania means that forces deployed on NATO’s eastern flank can count on shorter response times and more reliable supply chains,” the statement said. The statement was included.
In the future, the manufacturer plans to maintain and modernize the chassis of anti-aircraft systems.
Rheinmetall currently has offices in two countries on NATO’s eastern flank, Hungary and Lithuania. Also in December 2023, Romania placed a large order for an air defense system worth €328 million from Rheinmetall.
Automecanica Mediaș is a manufacturer of special vehicles, prefabricated trucks and trailers for the civil and military markets. Rheinmetall has been working with Automecanica since 2022, when the two partners joined forces to operate a military maintenance and repair facility in Satu Mare, Romania.
According to the news of Ukrinform, arms manufacturers in Germany objected to Defense Minister Boris Pistorius, who explained the problem in the supply of military materials to Ukraine with the slowness of their production.
Source: Ukrinform
As an experienced journalist and author, Mary has been reporting on the latest news and trends for over 5 years. With a passion for uncovering the stories behind the headlines, Mary has earned a reputation as a trusted voice in the world of journalism. Her writing style is insightful, engaging and thought-provoking, as she takes a deep dive into the most pressing issues of our time.
