RENK - Defence Industry Europe

RENK Group AG, a leading provider of propulsion solutions for military and civilian applications, will be included in the second most important German stock index MDAX (with the announcement of Deutsche Börse) on March 5, 2025. The implementation of the index changes of Deutsche Börse will take effect on March 24, 2025.

German company RENK Group AG joins MDAX following strong market performance

RENK Group AG is set to release its full-year financial results for 2024 on 26 March 2025, along with its annual report.

RENK Group AG has announced that KNDS N.V. has exercised its option to increase its shareholding in the company from 6.7% to 25.1%. The transaction marks a significant step in their strategic partnership and is subject to regulatory and merger control approvals.

KNDS increases stake in RENK Group to strengthen strategic partnership

Land / By Defence Industry Europe

RENK Group AG has announced that KNDS N.V. has exercised its option to increase its shareholding in the company from 6.7% to 25.1%.

RENK, a leading provider of vehicle mobility solutions, has signed a development contract with one of the leading European systems houses for land forces. The two parties signed this agreement at Eurosatory 2024 in Villepinte, RENK said in a press release.

RENK and Leonardo sign MoU to strengthen collaboration in European defence systems

Land / By Defence Industry Europe

RENK Group AG, a leading provider of propulsion solutions, has announced a strategic Memorandum of Understanding (MoU) with Leonardo.

RENK Group AG, a prominent provider of propulsion solutions for both military and civilian sectors, has announced an impending change in its executive leadership. Chairwoman of the Executive Board, Susanne Wiegand, has requested an early termination of her contract, which will take effect on 31 January 2025.

RENK Group AG: Susanne Wiegand to step down as chairwoman, Alexander Sagel appointed successor

Land, Top / By Defence Industry Europe

RENK Group AG, a prominent provider of propulsion solutions for both military and civilian sectors, has announced an impending change in its executive leadership.

RENK Group establishes subsidiary in Italy to strengthen european defence strategy

Land / By Defence Industry Europe

RENK Group AG, a leading provider of military and civilian propulsion solutions, has announced the founding of its new subsidiary, RENK ITALIA Srl.

RENK Group grew again in the first quarter of 2023. Revenue increased by 5 per cent year-on-year to EUR 194 million (Q1 2022: EUR 185 million). Supported by a strong increase in order intake, especially in aftermarket sales, the fixed order backlog1 grew to an all-time high of EUR 1.7 billion.

RENK America partners with QinetiQ to advance hybrid transmission technology for military vehicles

Land / By Defence Industry Europe

RENK America has announced a strategic partnership with UK-based defence and security company QinetiQ to further develop hybrid transmission technology for military land platforms.

In a recent press release, the Federal Office of Bundeswehr Equipment, Information Technology, and In-Service Support (BAAINBw) announced the procurement of twelve more Panzerhaubitze 2000 (PzH 2000) self-propelled howitzers. The corresponding option call from a framework contract was signed today by Annette Lehnigk-Emden, the President of the Procurement Office of the Bundeswehr.

RENK receives order for 50 transmissions for the Panzehaubitze 2000

Land / By Defence Industry Europe

RENK Group has received an order for 50 HSWL284C gearboxes. The transmissions will be used in the Panzerhaubitze 2000 (PzH2000).

The RENK Group, a leading supplier of propulsion solutions for military and civilian use, has signed a strategic partnership with global defense and security company QinetiQ. The collaboration aims to jointly develop advanced mobility concepts for military land platforms, focusing on weight classes ranging from 5 to 60 tons.

RENK and QinetiQ partner to develop future military mobility solutions

Land / By Defence Industry Europe

The RENK Group, a leading supplier of propulsion solutions for military and civilian use, has signed a strategic partnership with global defense and security company QinetiQ.

RENK Group AG continues successful business development with record figures

Land / By Defence Industry Europe

RENK Group AG has continued its successful business development with record figures in the first half-year period of 2024.

RENK Group AG, a leading supplier of military and civilian propulsion solutions and IDV, a company of Iveco Group N.V. specialized in defense and civil protection vehicles, have signed a cooperation agreement aimed at evaluating the potential of RENK and IDV drive technologies for future combat platforms.

RENK and Iveco Defence Vehicles sign a cooperation agreement on military propulsion systems

Land / By Defence Industry Europe

RENK Group AG and IDV have signed a cooperation agreement aimed at evaluating the potential of RENK and IDV drive technologies for future combat platforms.

RENK signs development contract with leading European systems house for land forces

Land / By Defence Industry Europe

RENK, a leading provider of vehicle mobility solutions, has signed a development contract with one of the leading European systems houses for land forces.

RENK America (RAM), a leading provider of vehicle mobility solutions, has announced the award of a significant order worth over USD 88 million for HMPT transmissions contracted by the United States Army.

U.S. Army orders HMPT transmissions from RENK America

Land / By Defence Industry Europe

RENK America has announced the award of a significant order worth over USD 88 million for HMPT transmissions contracted by the United States Army.