RheinMetall shares have increased 10 during the war in Ukraine – DW

< img src = "/uploads/blogs/fe/40/ib -fqik0m3g7_600ca3ea.jpg" Alt = "RheinMetall shares increased ten times during the war in Ukraine - DW"/> ~ ~ < p > shares of German armed company Rheinmetall since the beginning of the war in Ukraine increased 10 times.

< p > reports Deutsche Welle, reports Ukrinform.

< p > & laquo; since the beginning of Russia's war against Ukraine, the Rheinmetall stock course – the largest defensive concern in Germany – has increased ten times. If on February 23, 2022 one stock of the company cost 96.8 euros, then at noon on February 26 this year it was traded on the Xetra exchange already at 968 euro & raquo;, – said in the message.

~ ~ ~ ~ > 62 ~ < p > it is noted that Rheinmetall produces tanks, military trucks, artillery, anti -aircraft installations and ammunition – weapons that are extremely necessary in the war in Ukraine. The company supplies weapons to Ukraine that has been attacked by Russia, and also benefits from increasing demand from NATO countries that are threatened with Russia and, as a consequence, invest more in defense.

~ ~ < P > The Rheinmetall range also includes infantry -based combat equipment. The company headquarters is in Dusseldorf, and most of the production is located in the city of Unterlyus in Federal Land Lower Saxony.

< p > Business growth is evidenced by full orders. Yes, Backlog (which includes not only available orders but also expected delivery on long -term contracts and potential agreements) was at the end of 2021 EUR 24.5 billion. In the fall of 2024, this figure has already reached nearly 52 billion euros, and the trend towards growth remains.

< p > in mid -March Rheinmetall will present a financial report for 2024. Shares of other defensive companies such as Hensoldt and Renk also have high demand on the stock exchange.