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tz-plus logo Is Germany Facing an Order for 3,500 New Tanks? Renk Could Be a Top Winner!

J. Meyer
Reading Time: 2 minutes

This week, reports circulated that Germany is on the verge of deciding on a gigantic tank order. The government is considering placing an order for 3,500 tanks worth about 25 billion euros. This is expected to include 1,000 battle tanks and 2,500 transport tanks. NATO has asked Germany to provide up to seven additional battle brigades within the next ten years. Whether this extensive order will materialize remains to be seen and should be decided by the end of the year. If this order goes through, Renk (WKN RENK73) would be a major beneficiary....

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