Categories: Politics

Defense company RWM Switzerland could shrink

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The future of the Rheinmetall subsidiary RWM Switzerland is difficult: “I don’t see the Swiss location in danger, but it will not grow as we hoped,” said Armin Papperger, head of the German armaments group Rheinmetall. (archive image)

Maybe even shrink. “It all depends on what other restrictions there are,” Papperger said in an interview with the “Neue Zürcher Zeitung” published Wednesday. “If we could only produce for Switzerland there, it wouldn’t be profitable anymore because Switzerland doesn’t need that much ammunition.”

In the interview, Papperger confirmed that Rheinmetall wanted to buy 36 Leopard 2 tanks from Switzerland. In addition, the German armament group bought Leopard 1 tanks in Italy. The Ruag itself stores such tanks there. Papperger said he did not know if the Leopard 1s purchased were Ruag’s. “I bought them from a company in Italy.”

The arms company Ruag is currently not allowed to sell its Leopard 1 tanks to Germany. Authorities had rejected Ruag’s application as part of a preliminary investigation, federal councilor Viola Amherd said during question time at the National Council on Monday.

(SDA)

Source:Blick

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