Rheinmetall Group

Germans want to produce ammunition in Ukraine

A 155 mm ammunition (archive image)(Bild: AFP)

Rheinmetall is planning to build a new plant for the production of artillery ammunition in Ukraine. The German defense company and a Ukrainian partner company signed a declaration of intent on the sidelines of the 60th Munich Security Conference, as the company announced on Saturday.

"We want to be an effective partner for Ukraine in rebuilding the once strong defense industry in Ukraine and ensuring the autonomy of Ukrainian capacities," said Rheinmetall's CEO, Armin Papperger, explaining the decision.

According to the press release, the Ukrainian Minister for Strategic Industries, Olexander Kamyshin, was present at the signing ceremony.

Rheinmetall employees(Bild: AFP)

(Bild: AFP)

The joint venture is to produce a six-digit number of projectiles per year in the factory of the two partners.

We want to be a powerful partner for Ukraine in rebuilding the once strong defense industry in Ukraine and ensuring the autonomy of Ukrainian capacities.

Armin Papperger, Rheinmetalls Vorstandsvorsitzender

First cooperation last year
The German armaments group founded its first joint venture with a Ukrainian partner in October last year to maintain and repair tanks in Ukraine. According to Rheinmetall, armored vehicles are also to be produced there at a later date.