Index Investing News
Sunday, May 25, 2025
No Result
View All Result
  • Login
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
No Result
View All Result
Index Investing News
No Result
View All Result

Rheinmetall to open ammo factory in Ukraine in joint project By Reuters

by Index Investing News
February 17, 2024
in Stocks
Reading Time: 1 min read
A A
0
Home Stocks
Share on FacebookShare on Twitter


© Reuters.

BERLIN (Reuters) – German defence company Rheinmetall plans to open an ammunition factory in Ukraine as part of a joint venture with a Ukrainian partner, it said on Saturday.

Rheinmetall, one of the world’s biggest producers of artillery and tank shells, began ramping up production after Russia’s 2022 invasion of Ukraine, which faces acute shortages of ammunition and whose troops have in recent days been forced to withdraw from the devastated eastern town of Avdiivka.

The German company signed a memorandum of understanding at the Munich Security Conference on Saturday to build and jointly operate the new factory with a Ukrainian partner, whom it did not name.

The factory in Ukraine will produce a six-digit number of 155mm calibre bullets per year, Rheinmetall said, but did not say when production would begin or where the facility would be located.

Rheinmetall will own 51% of the new company, with the remaining 49% share held by the Ukrainian partner.

The German company is already involved in a joint venture in Ukraine to service and repair Western weapons sent to help Kyiv fend off Russia. It also plans to build armoured vehicles in Ukraine.



Source link

Tags: ammofactoryJointOpenProjectReutersRheinmetallUkraine
ShareTweetShareShare
Previous Post

America’s medical system has become totally woke

Next Post

‘Killers of the Flower Moon’ | Anatomy of a Scene

Related Posts

TreeHouse Meals: Effectivity Beneficial properties Priced In, Truthful Valuation Helps Maintain (NYSE:THS)

TreeHouse Meals: Effectivity Beneficial properties Priced In, Truthful Valuation Helps Maintain (NYSE:THS)

by Index Investing News
May 24, 2025
0

This text was written byObserveI'm an enthusiastic fairness analysis and funding analyst with a powerful curiosity in making use of...

Seagate Know-how Holdings plc (STX) Seagate 2025 Investor and Analyst Convention – (Transcript)

Seagate Know-how Holdings plc (STX) Seagate 2025 Investor and Analyst Convention – (Transcript)

by Index Investing News
May 23, 2025
0

Seagate Know-how Holdings plc (NASDAQ:STX) Seagate 2025 Investor and Analyst Convention Name Could 22, 2025 9:00 AM ET Firm Members...

2 BDCs That Qualify For The Retirement Earnings League

2 BDCs That Qualify For The Retirement Earnings League

by Index Investing News
May 23, 2025
0

This text was written byObserveRoberts Berzins has over a decade of expertise within the monetary administration serving to top-tier corporates...

Booz Allen Hamilton Holding Company 2025 This fall – Outcomes – Earnings Name Presentation (NYSE:BAH)

Booz Allen Hamilton Holding Company 2025 This fall – Outcomes – Earnings Name Presentation (NYSE:BAH)

by Index Investing News
May 23, 2025
0

This text was written byObserveSearching for Alpha's transcripts staff is liable for the event of all of our transcript-related initiatives....

PGIM Jennison Rising Dividend Fund Q1 2025 Commentary (Mutual Fund:PJDZX)

PGIM Jennison Rising Dividend Fund Q1 2025 Commentary (Mutual Fund:PJDZX)

by Index Investing News
May 23, 2025
0

This text was written byObservePGIM Investments, a subsidiary of PFI, is an funding adviser and the funding supervisor to all...

Next Post
‘Killers of the Flower Moon’ | Anatomy of a Scene

‘Killers of the Flower Moon’ | Anatomy of a Scene

Trump to address supporters after 4.9 million fraud ruling By Reuters

Trump to address supporters after $354.9 million fraud ruling By Reuters

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED

Asia’s trade at a turning point

Asia’s trade at a turning point

March 20, 2023
The Area Group Appoints Miles Stiverson Common Supervisor of Life-style

The Area Group Appoints Miles Stiverson Common Supervisor of Life-style

June 29, 2022
Two planes cleared to make use of similar runway in Nashville near-collision, NTSB says By Reuters

Two planes cleared to make use of similar runway in Nashville near-collision, NTSB says By Reuters

October 9, 2024
Equity Regulatory Alert #2023 – 8 Nasdaq to Resume Trading in SEZL

Equity Regulatory Alert #2023 – 8 Nasdaq to Resume Trading in SEZL

September 13, 2023
New York Yankees must resign Aaron Judge after historic season

New York Yankees must resign Aaron Judge after historic season

October 7, 2022
NextGen America and MoveOn Announce Tour with Special Guest Bernie Sanders

NextGen America and MoveOn Announce Tour with Special Guest Bernie Sanders

October 19, 2022
Five smart strategies for small business owners

Five smart strategies for small business owners

July 6, 2023
Conservatives In Chaos As Liz Truss Resigns As UK Prime Minister

Conservatives In Chaos As Liz Truss Resigns As UK Prime Minister

October 20, 2022
Index Investing News

Get the latest news and follow the coverage of Investing, World News, Stocks, Market Analysis, Business & Financial News, and more from the top trusted sources.

  • 1717575246.7
  • Browse the latest news about investing and more
  • Contact us
  • Cookie Privacy Policy
  • Disclaimer
  • DMCA
  • Privacy Policy
  • Terms and Conditions
  • xtw18387b488

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In