|
Rheinmetall makes ammunition, other military equipment and also
the Leopard tanks that Germany decided to send to Ukraine, which
the company produces jointly with Krauss-Maffei Wegmann.
"A Rheinmetall plant can be set up in the Ukraine for around 200
million euros ($212.64 million), which can produce up to 400
Panthers a year," Papperger was quoted as saying. Panthers are
the company's latest battle tanks models.
"Talks with the Ukrainian government are promising and I hope
for a decision in the next two months," he added.
While the Western Allies were sending enough arms for Ukraine to
defend itself, the Ukrainians currently do not have enough
equipment to fully retake their territory, Papperger said.
He said Ukraine needed 600 to 800 tanks and the construction of
new tanks must start quickly to achieve that number, he said.
Rheinmetall will join Germany's blue chip DAX index this month,
Deutsche Boerse said on Friday, citing increased defence
spending due to the war in Ukraine.
Its shares hit a record high in January after Germany's decision
to send the heavy Leopard tanks to Ukraine.
($1 = 0.9406 euros)
(Reporting by Vera Eckert, editing by Jane Merriman)
[© 2023 Thomson Reuters. All rights
reserved.]
This material may not be published,
broadcast, rewritten or redistributed.
Thompson Reuters is solely responsible for this content.
|
|
