Rheinmetall

Rheinmetall AG is a German automotive and arms manufacturer, headquartered in Düsseldorf, Germany. Its shares are traded on the Frankfurt stock exchange.

Rheinmetall AG
TypePublic (Aktiengesellschaft)
IndustryDefence
Founded13 April 1889 (1889-04-13)
FounderHorder Bergwerks- und Huettenverein
Headquarters,
Germany
Key people
Armin Papperger (CEO and chairman of the executive board)
Ulrich Grillo (Chairman of the supervisory board)
ProductsAutomotive parts, military vehicles, Autocannons, ATGMs, Anti-aircraft defence systems, artillery, mortars, tank guns, munitions, ammunition, fuze systems, electronics
Revenue €6.255 billion (2019)[1]
€505 million (2019)[1]
€354 million (2019)[1]
Total assets €7.415 billion (end 2019)[1]
Total equity €2.272 billion (end 2019)[1]
Number of employees
25,767 (end 2019)[1]
ParentReichswerke AG für Waffen-und Maschinenbau Hermann Göring
Röchling Group 
SubsidiariesRheinmetall MAN Military Vehicles (51%)
Websitewww.rheinmetall.com

History

Rheinmetall was founded in 1889. It manufactured steel products, including armaments. During the post-WWI disarmament of Germany, the company diversified, but by the 1930s armament manufacture resumed. In 1933, it acquired A. Borsig GmbH, which manufactured locomotives.[2]

References

  1. "Annual Report 2019" (PDF). Rheinmetall. Retrieved 19 March 2020.
  2. Kudo, Akira (1998). Japanese-German Business Relations: Co-operation and Rivalry in the Interwar Period. London: Routledge. p. 55. doi:10.4324/9780203018514. ISBN 978-0-203-01851-4.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.