German defence group Rheinmetall buys majority stake in Romanian military vehicle maker Automecanica Mediaș

The g Automecanica Mediaș .5% stake in the local c 72.5% y, while the remaining shares will s Rheinmetall Landsysteme GmbH class="summaryFeed_highLightText__NxlGi">Automecanica Romania ightText__NxlGi" Rheinmetall Automecanica s SRL ummaryFeed_highLightTe Rheinmetall Automecani annual iaș around USD 300 million ediaș the current financial year i">Atelierele three atmillion-euro ass="summaryFeed_highLightText__NxlGi">1941 2022 Armin Papperger /span> Bringing Automecanica Mediaș tText__Nxl Rheinmetall an> 139 Group Feed_highLightT Central Europe me 34,000 Rheinmetall EU GNATO Europe ss="summaryFeed_hig Automecanica Mediaș German Romanian Dusseldorf Rheinmetall ghLightText__NxlGi">Romanian 2022 an class="s two aryFeed_highLightText__NxlGi">Rheinmetall Satu Mare ma Truck Army AutomecanicaAutomecanica class="summaryFeed_highLightText__ Rheinmetall ern flank NATO Rheinmetall NxlGi">Romania R the United States Canada cl Australia ar the United Kingdom t_ Austria >Ukrai Netherlands Germany summaryFeed_ Rheinmetall xt__NxlGi">Romania two pan> NATO ryFeed_highLightTe Hungary Gi">M Lithuania an> December 2023 yF Romania hLightText__N German EUR 328 million