RENK Group: Order Boom and Partnership With Defense Contractor Strengthen Market Position

Due to increasing geopolitical tensions and security policy uncertainties, many countries are currently investing more heavily in their defense capabilities. The modernization of existing vehicle fleets, including tanks and armored vehicles, also plays an important role. This leads to a heightened demand for advanced propulsion systems and transmissions for military vehicles, with Renk establishing itself as a central supplier in this field. Over the last 20 days, the company's stock price has risen by about 12%. In addition to high order intake...