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Russia could target Rheinmetall plant in Ukraine

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Russia could target Rheinmetall plant in Ukraine

A plant launched by Rheinmetall, a German arms manufacturer, in Ukraine is a legitimate military target for the Russian Armed Forces.

Axar.az reports, citing TASS, that Kremlin Spokesman Dmitry Peskov told this.

"Certainly it is," he replied when asked about the matter.

Earlier, Rheinmetall CEO Armin Papperger announced that the company was opening a plant in Ukraine focused on the repair and production of armored vehicles. He noted that Rheinmetall is also working on establishing a gunpowder factory and a munitions plant, as well as beginning production of air defense systems in Ukraine.

Rheinmetall is Germany’s largest defense contractor and has been significantly profiting from the Ukrainian conflict, anticipating further revenue increases. In 2023, the company’s turnover rose by 12% to 7.1 billion euros, with net income growing by 9% to 0.6 billion euros.

Date
2024.10.29 / 15:52
Author
Axar.az
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