Here’s a question for you: What connects a London Black Cab with Germany’s Leopard 1 battle tanks being sent to Ukraine?
The answer is the German company Reinmetall, it provides key components for the tank, including the turret and the gun. It also supplies automotive parts for the cab, and the war in Ukraine has changed the fortunes of the 130-year-old company. Before the war the company was valued at €4bn, today it is worth €10bn. With the slow automotive market, the company now is estimated to make €70m from sales of shells for these tanks.
5 thoughts on “Every cloud has a silver lining”
someone always makes money out of war, guess that’s why there will always be a war somewhere
Yes, I’m afraid you’re right. Thanks for that rather depressing comment.
War has always generated profits for some, and the loss of everything for others.
Best wishes, Pete.
You just know what side of that fence we’d end up!
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Buried six feet under the fence, I suspect.