Germany's Rheinmetall wants to build tank plant in Ukraine

German tank Leopard 2
German tank Leopard 2

"A Rheinmetall plant could be built in Ukraine for about EUR 200 million ($213 million)," he told the Rheinische Post.

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Production could reach up to 400 Panther main battle tanks per year. The talks with the Ukrainian government are "promising" and Papperger hopes for a decision "within the next two months."

The CEO is convinced that the plant can be protected from Russian missile attacks, noting that "air defense is not a problem."

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Ukraine needs 600 to 800 tanks to win the war, which is why it is urgent to rapidly start production of the new military hardware, he said.

"Even if Germany gave up all 300 Leopard 2 tanks that the Bundeswehr had at its disposal, it would still be too few," he said.

On Jan. 25, after much hesitation, Germany approved the transfer of 14 Leopard 2 tanks to Ukraine and permitted their re-export from partner countries. On Feb. 24, the German government announced that it would transfer four more Leopard tanks, to bring the total to 18.

Read also: Rheinmetall ready to supply Ukraine with lots of ammunition for donated Leopard 2 tanks

On Feb. 24, Polish Prime Minister Mateusz Morawiecki announced that Warsaw had already delivered the first four Leopard 2 tanks to Ukraine.

Read also: Poland to transfer more Leopard tanks to Ukraine within few weeks, says Polish official

Foreign Minister Dmytro Kuleba said that Ukraine would receive 120-140 modern Western tanks in the first wave of deliveries.

Previously, President Volodymyr Zelenskyy said that the Ukrainian Armed Forces needed 300-500 tanks for the offensive.

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