In February 2022, shares of the largest German defense company were exchanged at a 96.8 euro price. Their price on the Xetra Exchange reached 968 euros per part.
German weapons shares Rheinmetall’s weapons rose ten times from the beginning of the full -scale invasion of the Russian Federation in Ukraine. Bild reported it.
It was noted that on February 23, 2022, shares of German’s largest defense company were exchanged at a 96.8 euro price. Their price on the Xetra Exchange reached 968 euros per part.
As you know, Rheinmetall produces tanks, artillery, anti -Aircraft guns and ammunition – weapons that are highly required in the war in Ukraine.
The company provides weapons to KYIV, and also benefits from increasing the demand of NATO countries, threatening from the Russian Federation and thus invest more defense funds.
Remember that between the recollection of the Rheinmetall defense and the Bundeswehr, an agreement ended with the provision of logistics support during the transfer of troops both to Germany and beyond. The outline transaction will be valid within three years. In this case, the contract can be expanded until 2029. The agreement includes not only the Bundeswehr, but the NATO Armed Forces as well.
Earlier it was reported that German weapons Rheinmetall had planned to open three factories in Ukraine.
Source: korrespondent
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