Rheinmetall creates 1,000 jobs in Germany

FRANKFURT (Dow Jones) — In the midst of the Ukraine war, Germany’s largest armaments group, Rheinmetall, has announced that it will increase its workforce significantly. In Germany alone, 1,000 new jobs are to be created this year, said CEO Armin Papperger to the Handelsblatt. 700 vacancies have already been filled. According to Papperger, Rheinmetall plans to hire “several thousand people” worldwide this year.

There are currently almost 1,300 vacancies on the Rheinmetall careers page, almost twice as many as a year ago. The Dsseldorf armaments group is primarily looking for IT specialists and engineers. At the end of 2021, Rheinmetall employed almost 24,000 people worldwide. According to Papperger, Rheinmetall received 145,000 applications last year, 64,000 of them from Germany. The CEO assumes that the numbers are likely to continue to rise this year. “The applications got a boost with the war in Ukraine,” said the CEO.

Contact the author: [email protected]

DJG/jhe/smh

(END) Dow Jones Newswires

June 03, 2022 09:48 ET (13:48 GMT)

Selected leverage products on Rheinmetall AGWith knock-outs, speculative investors can participate disproportionately in price movements. Simply select the desired lever and we will show you suitable open-end products at Rheinmetall AG

Leverage must be between 2 and 20

No data

ttn-28