Rheinmetall, Germany’s largest defense contractor, is looking to take over idle Volkswagen plants to expand its production capacity as Europe ramps up military spending. The company has tripled in ...
Rheinmetall is considering acquiring one of Volkswagen's soon-to-be idle plants, part of a broader rearmament in Europe.
Still, according to European Commission figures, European factories as a whole are operating at less than 80% capacity. And while unemployment stood at a record low in January, more workers might soon ...
DUESSELDORF/FRANKFURT, March 12 (Reuters) - Volkswagen's factory in Osnabrueck would be a good fit for a conversion to military production, the CEO of Rheinmetall ...