RENK Group aims to double group revenue in the medium term
RENK Group AG expects to double its group revenue to around € 2 billion in the medium term through organic growth, corresponding to an annual revenue growth rate of 15%.
RENK Group AG expects to double its group revenue to around € 2 billion in the medium term through organic growth, corresponding to an annual revenue growth rate of 15%.
The InArm system is renowned for its superior mobility and ride quality, offering a stable platform for military vehicles.
RENK Group and its subsidiary RENK America have signed a Letter of Intent (LOI) on bilateral cooperation for tracked combat vehicles with Huta Stalowa Wola (HSW).
American Rheinmetall Vehicles (ARV) and RENK America (RAM) have signed a definitive agreement to jointly develop advance mobility system solutions for combat vehicles in the U.S. market.
RENK Group grew again in the first quarter of 2023. Revenue increased by 5 per cent year-on-year to EUR 194 million.
RENK America and Polish defence company Huta Stalowa Wola (HSW) have signed a memorandum of understanding (MoU) to foster bilateral cooperation in the field of tracked combat vehicles.
RENK Group, through its suspension specialist Horstman, acquires General Kinetics and combines it with its existing advanced mobility center of excellence to create Horstman Canada.