MAN and Rheinmetall together form a new company

Mon 24th Oct, 2011

German auto parts and weapons maker Rheinmetall AG and truck manufacturer MAN Nutzfahrzeuge AG said Tuesday they were teaming up to produce wheeled military vehicles, reports Associated Press. The joint company, Rheinmetall MAN Military Vehicles GmbH, will provide "complete solutions in the market for military wheeled vehicles, covering the entire range of armored and unarmored transport, command and role-specific vehicles for the international armed forces," the two companies said.Under the contract signed by the two companies, Rheinmetall will have a stake of 51 percent and MAN 49 percent in the new company, which will be headquartered in Munich. The plan is subject to approval by German regulatory authorities. It is envisioned that the new company will initially have 370 employees, but will grow to some 1,300 with an annual turnover of more than 1 billion by the time the second phase is complete, the companies said.


Global Health Faces Unprecedented Challenges at WHO Summit

The World Health Organization (WHO) is currently navigating a period of significant upheaval as international delegates convene for the 79th World Health Assembly. The organization's operational...

German Residential Construction Sector Faces Sharp Decline in Confidence

The confidence within Germany's residential construction industry has deteriorated significantly, marking the steepest drop in sentiment observed in the past four years, according to recent findings...

Business Confidence in German Residential Construction Drops Sharply, ifo Survey Finds

The German residential construction sector is experiencing a significant downturn in business confidence, according to the latest economic survey conducted by the ifo Institute. The business climate...

O2 Telefónica Faces Revenue Decline After Major Client 1&1 Moves to Vodafone

The telecommunications provider O2 Telefónica is experiencing significant financial challenges following the departure of its longstanding major client, 1&1. The recent shift by 1&1, which...

Verdi Initiates Nationwide Warning Strikes in Retail Sector Amid Wage Disputes

The trade union Verdi has announced a series of nationwide warning strikes across the retail industry as ongoing wage negotiations reach a critical point. The union's actions are a response to recent...

Cruise Ship Quarantined in Bordeaux Following Gastrointestinal Illness Outbreak

A cruise ship carrying approximately 1,700 passengers and crew members has been placed under quarantine in the port city of Bordeaux, France, after a significant number of gastrointestinal illness...

More Quick Read Articles »
German PKV Insurance

German Private Health Insurance

Both private Health Insurance in Germany and public insurance, is often complicated to navigate, not to mention expensive. As an expat, you are required to navigate this landscape within weeks of arriving, so check our FAQ on PKV. For our guide on resources and access to agents who can give you a competitive quote, try our PKV Cost comparison tool.

Hospitals

Hospital and Clinic Directory

Germany is famous for its medical expertise and extensive number of hospitals and clinics. See this comprehensive directory of hospitals and clinics across the country, complete with links to their websites, addresses, contact info, and specializations/services.

Events

Upcoming Events

Echtzeitalter

Join us for the premiere of Echtzeitalter, a captivating theater production based on the novel by Tonio Schachinger. The story follows Till, a new student at a prestigious gymnasium, who grapples with the outdated teaching methods of his strict teacher, Dolinar. As Till navigates his elite...