⚡️ Germany greenlights joint Rheinmetall-Ukraine venture in Kyiv. Germany's regulatory…

Germany's regulatory agency approved on Sept. 28 the plans of the arms manufacturer Rheinmetall to set up a joint venture in Kyiv together with the Ukrainian Defense Industry.

This new enterprise will provide "maintenance, assembly, production, and development of military vehicles" and initially operate exclusively on the territory of Ukraine, the German Federal Cartel Office said.