The armamental group of the armaments group Rhine metal on the stock exchange continues. In Xetra trading, the paper temporarily noted at just over 1000 euros and thus four digits for the first time. In the three years of the Ukraine secretary, the value has more than tenfold. Ten years ago, the share was only worth around 45 euros. Rheinmetall produces tanks, military trucks, artillery, aircraft guns and ammunition.
“The financial markets of Rheinmetall have a significant importance for the defense capacity of Germany and Europe,” said Rheinmetall boss Armin Papperger (62) of the German press agency with a view to the course development of his company. “The course explosion is therefore an expression of the dramatically changed security situation in Europe.” At the same time, the stock exchange rewarded that Rheinmetall was well prepared to play such a decisive role today. “The markets also trust us a considerable growth potential for the coming years,” said the CEO.
The demand for armaments has increased since the Russian Crimean Angelexion in 2014 and the beginning of the Ukraine secretary in February 2022. In addition, there is now the intention of the EU and the Union -led federal government in Spe to invest more money in the army and to resort to domestic armor when shopping in order to reduce the dependence on American armor companies. Against this background, Papperger recently explained that to switch two civilian works to armaments production.
Industry experts speak of a “Time turn 2.0” that Donald Trump (78 )’s taking office as US President. Trump wants to reduce the US military presence in Europe, in his view, Europe should be able to protect itself. Rheinmetall is the largest German armaments group, in other EU countries such as Spain and Italy, the weapon smithy has also positioned itself strongly. The administrative center is in Düsseldorf and the largest work in Lower Saxony in Lower Saxony.