02-06-2025
- Business
- Wall Street Journal
Rheinmetall Establishes New Subsidiary in South Africa
Rheinmetall RHM 1.70%increase; green up pointing triangle said it has established a new subsidiary in South Africa, Rheinmetall Resonant South Africa.
The German arms maker said upon getting approval from the relevant authorities, its Rheinmetall Waffe Munition business holds a 51% stake in the joint venture.