Volkswagen's Osnabrück plant to switch from cars to defence




Crisis-hit Volkswagen has struck a preliminary deal to sell its Osnabrück plant in Lower Saxony to the state government and Israeli investor Aurelius Capital.  From mid-2027, the iconic factory is expected to start producing equipment for Rafael Advanced Defence Systems, the company behind the Iron Dome missile defence system. But first, we take a look at the state of the German economy following the far-right AfD’s historic election win in Saxony-Anhalt. 



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *