on RENK Group AG (isin : DE000RENK730)
RENK Group AG Achieves Significant Order Intake in Early 2025
RENK Group AG, a prominent provider of military and civilian propulsion solutions, reported strong order intake for the start of 2025. The company secured almost €50 million worth of orders for its Marine segment in January and early February 2025. These orders include deliveries of propulsion systems for European customers, highlighting RENK's standing as a top transmission supplier in the marine sector.
In addition, the Vehicle Mobility Solutions (VMS) segment received three significant orders exceeding €400 million in the fourth quarter of 2024. The orders include transmissions for battle tanks, emphasizing RENK's reputation as a trusted and reliable technology partner. The company continues to capitalize on the momentum built in 2024, reinforcing its global market position.
R. H.
Copyright © 2025 FinanzWire, all reproduction and representation rights reserved.
Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.
Click here to consult the press release on which this article is based
See all RENK Group AG news