World Library  
Flag as Inappropriate
Email this Article
 

Rheinmetall

Rheinmetall AG
Joint stock company
Traded as FWB: RHM
Industry Automotive, Defence
Founded 13 April 1889
Founder Horder Bergwerks- und Huettenverein
Headquarters Düsseldorf, Germany
Key people
Armin Papperger (CEO and chairman of the executive board), Klaus Greinert (Chairman of the supervisory board)
Products Automotive parts, military vehicles and systems
Revenue €4.704 billion (2012)[1]
€301 million (2012)[1]
Profit €190 million (2012)[1]
Total assets €4.899 billion (end 2012)[1]
Total equity €1.461 billion (end 2012)[1]
Number of employees
21,767 (end 2012)[1]
Website www.rheinmetall.com

Headquartered in Düsseldorf, Rheinmetall AG is an automotive parts supplier and military technology group. In fiscal 2012 (2011), the company's 21,766 (21,516) employees generated sales of €4.7 billion (€4.4 billion). Rheinmetall was the tenth-largest European defence contractor in 2011.[1]

The Group's Automotive unit had sales in fiscal 2012 of €2.369 billion, while sales of its Defence arm for the same period came to €2.335 billion.[1]

Rheinmetall AG is listed on the German MDAX; its shares are traded on all German stock exchanges.[1]

Contents

  • Company structure 1
    • Automotive 1.1
    • Defence 1.2
  • History 2
  • Military products 3
    • Modern 3.1
    • WWII and pre-WWII products 3.2
  • Gallery 4
  • References 5
  • External links 6

Company structure

Automotive

divisions since May 2012: Hardparts, Mechatronics, and Motor Service.[2]

The company's activities fall into seven business units, including Kolbenschmidt (which manufactures pistons); Large Pistons; Pierburg (components for air supply and pollution reduction); Pierburg Pump Technology (coolant, oil, recirculation and vacuum pumps); Plain Bearings (metal bearings and bearing elements as well as continuous casting elements); Aluminium Technology (engine blocks); and Motor Service (repair and maintenance sales for KSPG).[3]

Defence

Rheinmetall AG's Defence arm is one of the world's leading producers of systems and equipment for ground, air and naval forces.[2] Rheinmetall Defence has three divisions: Combat Systems, Electronic Solutions and Wheeled Vehicles. Its subsidiaries and affiliates are embedded in these three divisions.[4]

Though based in Germany, Rheinmetall Defence now has production plants and representative offices in sixteen countries, serving the armed forces, security services and law enforcement agencies of numerous nations.

History

The steam locomotive parked in Trebnje, Sevnica
The builder's plate on the steam locomotive parked in Trebnje, Slovenia
The steam locomotive parked in Trebnje, Slovenia, was produced in 1922 by Rheinische Metallwaren- und Maschinenfabrik from Düsseldorf.

Rheinische Metallwaren und Maschinenfabrik was founded in 1889 in Dusseldorf by Heinrich Ehrhardt and his associates to take on a contract that Hörder Bergwerks- und Hüttenvereins (a munitions company) could not fulfil. At the start of the twentieth century Dreysesche Gewehrfabrik, Munitions und Waffenfabrik was added to Rheinmetall.

After World War I, as a result of the treaty limitations imposed upon Germany, Rheinmetall produced non-military items.

In 1935, the Reich took majority shareholding. The railway locomotive manufacturer August Borsig GmbH was taken over in 1933. This led to the merger in 1936 giving Rheinmetall-Borsig AG.

The Reichswehr placed a contract with Rheinmetall for a tank design leading to the Neubaufahrzeug (a cover name meaning "new construction vehicle"—as tank production was still banned).

The company went on to produce guns for tanks used by the Wehrmacht (such as those used on the Tiger I and Panther tanks) and anti-tank guns.

Production facilities were damaged by Allied bombing during World War II leading to relocation in eastern Germany and Poland. In the immediate post-war military production was banned and it was not until 1956 that arms production started again. The company name changed to Rheinmetall Berlin AG.

Acquisitions
  • Chempro GmbH (2007), 51% share[5]
  • ADS Gesellschaft für aktive Schutzsysteme mbH (2007) (76%)[5]
  • Zaugg Elektronik AG (2007) [5]
  • Stork PWV (2008)[6]
  • Rheinmetall Denel Munition (Pty) Ltd. (2008)[6]
  • LDT Laser Display Technology GmbH (2008)[6]
  • Rheinmetall MAN Military Vehicles GmbH (2010), a joint venture with MAN Truck & Bus, under Rheinmetall management (51%)[7]
  • Verseidag Ballistic Protection GmbH (2010)[7]
  • Laingsdale Engineering (Pty) Ltd. (2010)[7]
  • Simrad Optronics ASA (2010)[7]
  • Swiss Simtec (2011)[8]
  • Vingtech Corp. (2011)[8]

Military products

Modern

WWII and pre-WWII products

Gallery

References

  1. ^ a b c d e f g h i "Annual Report 2012" (PDF). Rheinmetall. Retrieved 20 March 2013. 
  2. ^ a b "company's corporate website". 
  3. ^ "company website KSPG". 
  4. ^ "company website Rheinmetall Defence". 
  5. ^ a b c "Annual Report 2007" (PDF). 
  6. ^ a b c "Annual Report 2008" (PDF). 
  7. ^ a b c d "Annual Report 2010" (PDF). 
  8. ^ a b "Annual Report 2011" (PDF). 

External links

  • Official website
This article was sourced from Creative Commons Attribution-ShareAlike License; additional terms may apply. World Heritage Encyclopedia content is assembled from numerous content providers, Open Access Publishing, and in compliance with The Fair Access to Science and Technology Research Act (FASTR), Wikimedia Foundation, Inc., Public Library of Science, The Encyclopedia of Life, Open Book Publishers (OBP), PubMed, U.S. National Library of Medicine, National Center for Biotechnology Information, U.S. National Library of Medicine, National Institutes of Health (NIH), U.S. Department of Health & Human Services, and USA.gov, which sources content from all federal, state, local, tribal, and territorial government publication portals (.gov, .mil, .edu). Funding for USA.gov and content contributors is made possible from the U.S. Congress, E-Government Act of 2002.
 
Crowd sourced content that is contributed to World Heritage Encyclopedia is peer reviewed and edited by our editorial staff to ensure quality scholarly research articles.
 
By using this site, you agree to the Terms of Use and Privacy Policy. World Heritage Encyclopedia™ is a registered trademark of the World Public Library Association, a non-profit organization.
 



Copyright © World Library Foundation. All rights reserved. eBooks from World Library are sponsored by the World Library Foundation,
a 501c(4) Member's Support Non-Profit Organization, and is NOT affiliated with any governmental agency or department.