Rheinmetall receives order to build ammo factory in Ukraine
This was reported by the company press service, Ukrinform learned.
"Rheinmetall has now received its first important order from the Ukrainian government for the construction of an ammunition factory in the Ukraine, which was announced in February 2024, and marks the starting point for the realisation of the project," the statement reads.
As noted, the order covers the full technical equipment of the factory through to commissioning. This involves a total value ranged in a “low three-digit million euro range”.
Construction is expected to launch shortly and be completed within a few years.
The intention is to start production of ammunition in Ukraine within 24 months. Together with its Ukrainian joint venture partner, Rheinmetall will also be responsible for operating the plant.
"We are putting our words into action and together with our partner we will create a Ukrainian competence centre for ammunition. The order underlines the confidence in Rheinmetall's expertise and manufacturing capacities," said Armin Papperger, the company's CEO.
As reported, on June 10, within the framework of the joint venture set up by Ukroboronprom and Rheinmetall, the first joint workshop for the repair and production of German armored vehicles was deployed in Ukraine.