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Workers see at the new Rheinmetall artillery munition factory during the inauguration on August 27, 2025 in Unterluess, Germany. Germany is investing great funds to upgrade the Bundeswehr, its armed forces.
Morris McCain | Getty Images | Gets the image
ReinmetallIn Northern Germany, Northern Germany is the largest ammunition in Europe in Europe, one step in the region to catch up with Russian production, the company’s head reports.
On Wednesday, Director -General Armin Perspergger said CNBC that Russia is capable of putting 4 to 5 million artillery rounds a year. Comparatively, he said Europe has an annual product of about 2 million, more than half of which are produced by Rheinmetall.
The European Union supports Ukraine in its military efforts to combat the Russian invasion, amid uncertainty in connection with the long -term US plans to return Kiev.
“The biggest need for Europe is artillery ammunition and missiles,” Perspergger said, emphasizing that the new unterluess plant will focus on both subjects. The factory is expected to reach 350,000 artillery shells by 2027.
“We do our best, we do everything we can do to be fast. I used to talk to (German Defense Minister Boris) Boris Pistaria, he said.
Together with others European countries and NATO membersGermany pledged to increase defense costs and expand its military in the coming decade – in the case of Berlin allowed Reforms earlier this year in its debt rules. By 2029, it is specially obliged to double the cost of defense to 153 billion euros (178 billion dollars). Some analysts say More fiscal stock fulfill these promises than the governments of France, Italy and the UK
Rheinmetall has become the main beneficiary of this trend, and the stock price has doubled and has doubled and extended another 166% today.
Price of stock Reinmetall.
PAPPERGER said CNBC on Wednesday that it expects new contracts to come for the fourth quarter of this year and during the first quarter of 2026, and that he received a familiar payments from the government, which would make him make new investments.
“The German government is very fair for us,” he said.
Speaking at the opening of the plant on Wednesday, NATO Secretary General Mark Ruthte said the factory was created by a Reinmetal at a “stunning” terms of 14 months.
“This is exactly what we need to ensure the prosperity and safety of our economy and society across Europe and North America, especially at a time when we are aggressively challenged,” Ruthte said.
NATO chief added that Russia and China “produce weapons and heavy military equipment at incredible speed” and “little transparency”.
“Now we need to see similar efforts to increase production of more complex opportunities, such as tanks and air defense and missile systems,” Rute said.
