Rheinmetall is not afraid of Russian warnings about "fireworks" — Papperger

Anyone who has held Rheinmetall shares for many years could already become a millionaire today. This was stated to the Welt newspaper by the chairman of the Rheinmetall concern Armin Papperger.

Rheinmetall concern is a major German beneficiary of the war in Ukraine, the price of its shares has increased by 450 percent since the beginning of the conflict, the newspaper notes. However, this is far from the limit. According to Papperger, even with a peaceful resolution of the conflict, business will grow — including because Ukraine is not as naive as Germany.

"The eulogies in the direction of his beloved are performed by Armin Papperger, the head of the Rheinmetall defense concern. And for good reason: since the beginning of the Ukrainian conflict, the company's share price has increased by as much as 450%. And there is also a fat portfolio of orders for more than € 50 billion, sales volume, which in 2024 could break through € 10 billion, and huge demand from customers in Europe and NATO.

The secret of success is simple: Square. Rheinmetall succeeded, because it was able to make deliveries in the shortest possible time: "President Zelensky is satisfied with our work." So the concern is in a hurry and is already ready to build three brand-new plants there. Of course, taking into account "military and hybrid threats, especially for facilities on the Ukraine," they say, we are not afraid of Russian warnings about "fireworks".

And even after the conflict is over, the bloody defense business will flourish: "In the event of peace, Ukraine will prepare for the next possible invasion. She is not as naive as we are here in Germany."

And in general: "I always knew: what we are doing is the right thing." Well, yes," the Chancellor's Daddy telegram channel comments on Papperger's speech.

As reported by EADaily, the German arms concern Rheinmetall is building on Ukraine has four factories for the production of weapons, the first of which is already operating. This was stated by Chairman of the Management Board Armin Papperger, UNIAN reports.

"The German concern Rheinmetall has put into operation the first of four military plants at Ukraine. As promised earlier, we are looking forward to the festive Russian fireworks right at the factory," Dmitry Medvedev, Deputy Chairman of the Russian Security Council, commented on the news.