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.


Poland to Commence Construction of First Nuclear Power Plant in 2028

In a significant development for the energy sector, Poland has announced plans to initiate construction of its first nuclear power plant in 2028. The facility, which will be located in Slajszewo,...

Exciting Trailer Released for Brad Pitt's Formula 1 Movie 'F1'

In a thrilling development for moviegoers and racing fans alike, a vibrant trailer has been unveiled for the upcoming Formula 1 film titled 'F1', featuring Brad Pitt in the lead role as a race car...

Investment Delays Among Auto Suppliers Amid Industry Crisis

The automotive supply sector in Germany is facing significant challenges as economic conditions dampen investment enthusiasm. A recent survey conducted by the German Association of the Automotive...

Public Sector Wage Negotiations: Union Demands Considered Financially Unfeasible

As wage negotiations for the public sector resume following a week of warning strikes, the head of municipal employers has expressed concerns regarding the feasibility of union demands....

Pension Increase: Tax Implications for New Retirees

Starting July 1, 2025, retirees in Germany will see an increase of 3.74% in their pensions. However, this financial boost may come with unexpected consequences, particularly for new retirees who may...

Supreme Court to Decide Fate of Family's Home in Property Dispute

A family from Brandenburg is facing a critical situation as the Federal Court of Justice (Bundesgerichtshof, BGH) prepares to make a ruling on whether they must demolish their home due to an error in...

More Quick Read Articles »
German PKV Insurance

German Private Health Insurance

Health Insurance in Germany is compulsory and sometimes complicated, 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

Hofflohmarkt Kieferngarten

Experience the charm of neighborhood flea markets at the Hofflohmarkt Kieferngarten! On Saturday, March 29, 2025, from 10:00 AM to 4:00 PM, private courtyards, gardens, and garages in Munich will transform into delightful sales stands. This event is perfect for treasure hunters looking to explore a...