Rheinmetall share: Rheinmetall wants to start tank maintenance in Ukraine soon

“We will start service this month,” said Rheinmetall CEO Armin Papperger of the “Frankfurter Allgemeine Sonntagszeitung”. The first twelve employees from the Ukraine have already started their training in Germany, and another twelve will be added. Germany is supplying Leopard battle tanks, among other things, to support Ukraine in its defense against Russia. Since wear and tear in battles is high, regular maintenance is important.

The head of the Düsseldorf-based group also confirmed its intention to start producing tanks in Ukraine as soon as possible. “It can happen quickly, there are enough well-equipped Soviet-era tank factories there,” he said. The company wants to rent these and then manufacture vehicles with the NATO standard on one or two production lines. Ukraine must eventually become independent in arms production. “The West cannot settle all the scores forever, and President Zelenskyy agrees.”

With a view to arms orders for the armed forces Papperger made it clear that the high inflation is also having an impact here. “If we sign a five-year contract today, then we have to agree on an inflation adjustment,” he told the newspaper. “Otherwise we’ll be left with up to 40 percent additional costs at six percent annual inflation.”

/sk/DP/nas

BERLIN (dpa-AFX)

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