Home » News » Rheinmetall and Ukraine sign collaboration agreement for joint venture

Rheinmetall and Ukraine sign collaboration agreement for joint venture

“The relevant cooperation agreement has already been signed by both parties. To begin with – subject to official approval – a joint venture will be created, which will become a link between Rheinmetall and the existing state defense sector of Ukraine,” the message says.

At the same time, it is noted that the closing of the transaction is scheduled for the end of June 2023, and the start of the joint venture is expected from mid-July 2023.

“Meeting the urgent needs of Ukraine in its struggle for freedom and democracy in the shortest possible time is a matter of paramount importance for us at Rheinmetall. With its experience and capabilities, Rheinmetall is well placed to become a valuable and strong partner for Ukraine in both the short and long term “, – said the CEO of Rheinmetall Armin Papperger.

Recall, earlier it became known that Rheinmetall, together with Ukraine, created an enterprise for the repair of tanks.

In addition, Germany’s largest weapons manufacturer Rheinmetall wants to produce tanks, air defense systems and ammunition in Ukraine in the future.

Read urgent and important messages about Russia’s war against Ukraine on the channel RBC-Ukraine on Telegram.

2023-05-13 15:08:29


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