Kremlin spokesman Dmitry Peskov said that a Rheinmetall military factory that recently opened in Ukraine “certainly is” a fair target, speaking to Russian government-owned news agency TASS.

Rheinmetall, based in Dusseldorf, is one of the biggest arms manufacturers in the world, and also the most successful producer of 155mm artillery shells which have become critical for Ukraine in the war against Russia.

The German company announced plans in July 2024 to build four factories in Ukraine which will produce artillery munition and gunpowder, provide vehicle repair and maintenance and air defence systems. 

At the time, Russia’s Foreign Ministry’s Deputy Spokesman Andrie Nastain said that the facilities would be a “legitimate target” for the country’s army.  

Rheinmetall’s CEO Armin Papperger has said that Ukraine needs four million rounds of artillery ammunition to restock its silos in order to fight Russia and prevent a full-scale invasion. He says the plants his company is building will significantly contribute to that war effort. He added that this was not the first threat to Rheinmetall from the Kremlin and that the factories in Ukraine were well protected.  

Earlier this year, US intelligence found that Papperger was the target of an assassination plot planned by the Russian government. The plan was one of several to assassinate top defence industry executives in Europe, anonymous US and Western officials told CNN.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.