Reichswerke Hermann Göring was an industrial conglomerate in Nazi Germany from 1937 until 1945. It was established to extract and process domestic iron ores from Salzgitter that were deemed uneconomical by the privately held steel mills . The state-owned Reichswerke was seen as a vehicle of hastening growth in ore mining and steel output regardless of private capitalists' plans and opinions, which ran in alignment to Adolf Hitler 's strategic and economic vision. In November 1937, Reichsminister of Aviation Hermann Göring obtained unchecked access to state financing and launched a chain of mergers, diversifying into military industries with the absorption of Rheinmetall . Göring himself supervised the Reichswerke but did not own it in any sense and did not make personal profit from it directly, although at times he withdrew cash for personal expenses.
77-625: RHM may refer to: RHM, the FWB code for Rheinmetall , a German defence company RHM, the National Rail code for Reedham railway station (London) , Purley, London, England Rank Hovis McDougall , a defunct United Kingdom food business Revista Hispánica Moderna , a peer-reviewed academic journal which focuses on research in Hispanic and Luso-Brazilian literature and culture Topics referred to by
154-683: A 51 per cent stake in the company and MAN 49 per cent. Between 2010 and 2011, Rheinmetall acquired the German activities of Verseidag Ballistic Protection. In February 2011, Rheinmetall increased its stake in ADS Gesellschaft für aktive Schutzsysteme. In July 2011, Rheinmetall reviewed the sustainability of the company's two-pillar strategy, with the two divisions Automotive Technology and Defence. Both divisions were to be enabled to further develop their competitive positions with greater flexibility. In this context, Rheinmetall examined in particular
231-590: A better solution. Romanian assets, almost all of the country's coal and steel capacity, were acquired through a series of friendly arrangements and placed under joint German-Romanian control. Particular care was given to the largest Romanian shipyard at Galați . In 1942, the Romanian shipyard signed an agreement for "assistance in technical matters" with the Reichswerke. The shipyard's capital increased eleven-fold, from 50 to 550 million lei . That same year,
308-577: A fundamental reorganisation, in the form of mergers and new acquisitions. In 1998, the first unit of the new gun artillery system Panzerhaubitze 2000 , developed by Rheinmetall and MaK Systemgesellschaft, was handed over to the Bundeswehr, and the Rhino minesweeper from MaK Systemgesellschaft was deployed in the former Yugoslavia. Rheinmetall took over the defence technology of BUCK System GmbH and formed BUCK Neue Technologien. In 1999, Rheinmetall acquired
385-688: A further increase of state control over heavy industries and industrialization of the eastern territories at the expense of the Ruhr. The Reichswerke clearly favored industrial development in Central Europe, rather than Germany itself, in part because it was out of reach of Allied bombers. By 1943–1944 half of the Reichswerke iron and steel were produced in the occupied territories, the other half in Germany (including annexed Austria). The Soviet coal and steel industry captured in 1941–1942 became
462-611: A large scale by placed orders. In June 2022, Rheinmetall presented its latest KF51 Panther main battle tank at the Eurosatory arms fair. In November 2022, Rheinmetall announced the purchase of Spanish ammunition manufacturer Expal, which was completed in August 2023 for 1.2 billion euros. Rheinmetall expected an increase in demand for ammunition following the Russian invasion of Ukraine in 2022 and, in this context, an improvement in
539-638: A majority stake in Oerlikon Contraves, a supplier of combined cannon and guided missile systems for air defence, and Eurometaal Holding N.V., a manufacturer of medium calibre artillery. In late 1999, Rheinmetall took over the companies KUKA Wehrtechnik and Henschel Wehrtechnik, and later combined the two with MaK Systemgesellschaft, to form the new company, Rheinmetall Landsysteme. In 2000, Rheinmetall's Executive Board decided to concentrate on defence technology, automotive technology and electronics. Subsequently, it sold off multiple subsidiaries. In 2004,
616-654: A self-sufficient steel industry, and against the steel barons. His radical calls improved his own political weight and silenced the opposition. Göring's aim of bringing the economy in line with Adolf Hitler 's strategic plans was fully supported by the Nazi press. The danger of relying on ore imports was proven by the strikes and anti-Nazi sentiment in Sweden and by the success of the Popular Front in France . In July 1937
693-486: A share of the production of Boxer tanks, which were developed for the Bundeswehr and the Dutch army. In May 2010, Rheinmetall and MAN founded the joint company Rheinmetall MAN Military Vehicles (RMMV). This created a full-range supplier in the market for wheeled military vehicles, covering the complete range of protected and unprotected transport, command and functional vehicles for international armed forces. Rheinmetall holds
770-455: A tank destroyer cannon, a standard armoured turret and a tank howitzer. In 1965, the development of 120-millimetre smoothbore technology began under the leadership of Raimund Germershausen. Parallel to the increasing sales success and organic growth, Rheinmetall acquired around a dozen smaller mechanical engineering companies between 1958 and 1973, primarily those active in the fields of packaging and forming technology and electronics. 1974/75 saw
847-676: Is derived from the German-language words Rhein and Metall , translating to "Rhinemetal" when combined. In April 1889, the Hörder Bergwerks- und Hütten-Verein founded the Rheinische Metallwaaren- und Maschinenfabrik Aktiengesellschaft under General Director Josef Massenez, to produce ammunition for the German Empire. The Thuringian engineer Heinrich Ehrhardt (1840-1928) oversaw the construction of
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#1732782398173924-713: Is different from Wikidata All article disambiguation pages All disambiguation pages Rheinmetall Rheinmetall AG is a German automotive and arms manufacturer , headquartered in Düsseldorf , Germany. The Group was promoted to the DAX , Germany's leading share index, in March 2023. It is the fifth largest arms manufacturer in Europe, and produces a variety of armored fighting vehicles and armored personnel carriers , in both wheeled and tracked versions. Its name
1001-469: Is responsible for the maintenance of selected vehicles and weapon systems of the German Army. The Public Security business unit was established in response to the changing threat situation, and to offer systems for defence against threats to internal security and civil protection. In March 2008, Rheinmetall acquired the armour manufacturer Stork PWV from the Dutch conglomerate Stork, thereby taking over
1078-561: The Anschluss , the Reichswerke absorbed Austrian heavy industries, including those owned by private German investors. The cluster of steel mills and supporting companies in Linz became its most important asset. Nazi leadership regarded captured assets as the property of the state and were not willing to share the spoils with German businesses. After the German occupation of Czechoslovakia ,
1155-527: The CBI , for bribing defence officials for securing multi billion dollar weapons contracts of the Indian military establishment. In 2014, RAD Chairman Bodo Garbe and General Manager Gerhard Hoy were issued summons of the Indian courts. Subsequently a red-corner notice was issued for their detention through Interpol . In 2016, the case was under trial in Indian courts. Reichswerke Hermann G%C3%B6ring After
1232-915: The First Nationalization Law enacted by the Austrian parliament on 26 July 1946. The ore mines in Erzberg and the steel mills in Linz, destroyed by allied air raids, were reorganized into the state-owned VÖEST (now part of Voestalpine ). Reconstruction of these assets became a key priority of the Marshall Plan in Austria. Nationalization was supported by the US Department of State and opposed by US Army generals, who called for privatization. Steyr-Daimler-Puch , once owned by
1309-609: The Luftwaffe , also established close ties between the Reichswerke and the oil and aircraft industries. Relationships between the state and steel barons continued to deteriorate, and Göring used the same pattern of intimidation to extort other Austrian and later Czech assets from their past owners. The Reichswerke absorbed 50 to 60 per cent of Czech heavy industry, and a slightly lesser share in Austria. Takeover mechanisms ranged from bona fide stock purchase to control by proxy through dependent local banks to outright confiscation, as
1386-745: The Lynx Infantry Fighting Vehicle and the TPz Fuchs Armored Personnel Carrier in Ukraine. Rheinmetall intends to have the first units come off the production line sometime in 2024. An additional 200,000 artillery shells are to be manufactured at a new plant in Unterlüß from 2025. US intelligence services claim to have foiled a Russian plot to assassinate Armin Papperger (CEO and chairman of
1463-681: The Romanian Navy submarines Marsuinul and Rechinul , laid down in 1938, were finally completed. Another notable achievement of that year was the launching of Romania's first locally-built tanker, SRT-128 . In 1943, four modified M-class minesweepers were built in Romania from German materials. This German-Romanian collaboration also benefited the Kriegsmarine , as the Romanian shipyard assembled six coastal U-boats between 1942 and 1943. The Romanian shipyard also took part in
1540-603: The Ruhr area, recovered from the Great Depression and reached nearly full utilization of its mills. It was dominated by privately held Vereinigte Stahlwerke (VS), Krupp , Gutehoffnungshütte and Mannesmann . Three quarters of iron ore processed in Germany was imported; domestic ore reserves in the Salzgitter area were deemed to be of too poor quality to be economical. Demand for iron and steel rose in line with
1617-762: The GDR, state-owned spinoffs of Rheinmetall manufactured office machines, moped engines, cameras, and later printers and personal computers. Production was completely banned until 1950. Rheinmetall-Borsig was then transformed into a pure holding company owned by the Federal Republic of Germany. Two independent subsidiaries were founded. Borsig in Berlin produced steam boilers and refrigeration systems. Rheinmetall in Düsseldorf built typewriters, shock absorbers, lifts, tanning machines and transport and loading equipment. At
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#17327823981731694-572: The Netherlands and other countries. It produced its first pig iron in October 1939 and its first steel in August 1940. A large metalworking plant, Stahlwerke Braunschweig, was built nearby, starting in March 1940; eventually it became one of the largest plants in the country, employing ten thousand workers. The majority of Salzgitter area staff, 47,000 workers, were non-Germans. In five years, 1937 to 1942, population increased fivefold. Housing
1771-513: The OFB and all other Indian defence companies, as well as being blacklisted from participating in any Indian defence contract, for a period of 10 years. RAD claimed that the charges against it are without merit. In 2012, Rheinmetall Air Defence was implicated in a corruption case in India, along with arms dealer Abhishek Verma and his wife Anca Verma , as lodged by the anti-corruption agency of India,
1848-592: The Reichswerke absorbed between 50 and 60 per cent of Czech heavy industries. The pattern was repeated in occupied Poland , France and the Soviet Union . The Reichswerke operated captured assets as far from its base as Liepāja in Latvia and Donetsk in eastern Ukraine . It provided one-eighth of German steel output during the Second World War and created a Nazi-controlled military complex that
1925-784: The Reichswerke and controlled by the US Army, became a pilot model for the private modernization advocated by Mark W. Clark . Eventually the Department of State prevailed and the Austrians were allowed to nationalize the plants at will. The Reichswerke assets in the Soviet zone of occupation were taken over by the Administration for Soviet Property in Austria and returned to Austria for a ransom in 1955. The Salzgitter furnaces were shut down and earmarked for dismantling, devastating
2002-666: The Reichswerke to coal, iron, and steel production. The Reichswerke passed control over its weapons and munitions plants to Organisation Todt and its successor, the Ministry of Armaments . Still, the organization operated at a loss; in fact, Block A posted losses in every year of its existence, from 1939 to 1945. The French operations fared even worse. The assets of the Reichswerke acquired by conquest were recaptured by Allied troops between 1943–1945 - these included assets of ARBED (Luxembourg) and Skoda Works . The Reichswerke assets in allied-occupied Austria were nationalized by
2079-513: The Reichswerke would begin mining and processing Salzgitter ores and that the government would take over privately held ore deposits in exchange for minority shares in the new enterprises. Paul Pleiger became the managing director. Critics argued that the Salzgitter project would consume more steel than it could produce in three years. The Ruhr attempted a coordinated response, but wire-tapping and surveillance gave Göring advance knowledge of
2156-571: The Reichswerke's ammunition plants from 1942 (see List of subcamps of Neuengamme , Celler Hasenjagd ). Salzgitter was the target of Allied bombings several times but damage to the plant was insignificant. Its blast furnaces operated until captured by the Americans in April 1945. After the removal of Schacht in November 1937, the Reichswerke rapidly grew while privately held steel mills of
2233-402: The Reichswerke's most challenging task. Hitler tasked the Reichswerke with harvesting the abandoned plants as soon as possible. Pleiger compelled the old steel barons of the Ruhr to send in their managing teams and literally "adopt" the Soviet assets. Reluctant steel barons objected but had to comply with Hitler's explicit order. Radical Nazis objected, for different reasons, but could not offer
2310-671: The Rheinmetall plant in Düsseldorf and managed it until 1920. He made many of his patents and inventions available to the company and contributed significantly to the technical development of many Rheinmetall products. In December 1889, the newly founded factory in Düsseldorf-Derendorf on Ulmenstraße began production. The company expanded very quickly in the following years, partly due to government orders and partly because patents were obtained for two processes for manufacturing seamless tubes in 1891 and 1892. In order to meet
2387-756: The Ruhr were deprived of capital (their capacity remained at 16 million tons p.a. until the outbreak of the Second World War ). In February 1938 Göring pumped up the Reichswerke capital from 5 to 400 million ℛ︁ℳ︁ , starting a chain of mergers. In April the Reichswerke moved into weapons production by absorbing Rheinmetall . In a few following months the Reichswerke consolidated most of Austrian heavy industries, from extraction of ore to production of advanced weapons. Göring turned his eyes to Austrian steel in 1937. The Anschluss of March 1938 gave him practically unlimited access to Austrian resources. The Reichswerke's activities in Austria demonstrated that Göring regarded captured assets as state property and
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2464-563: The Second World War, numerous forced labourers worked in the Rheinmetall factories. In the Unterlüß plant alone, around 5,000 foreign forced labourers and prisoners of war, approximately 2,500 Poles, 1,000 from the USSR, 500 Yugoslavs, 1,000 from other countries, were liberated by British troops at the end of the war. Between 1944 and 1945, Rheinmetall-Borsig took over the sponsorship of the nursery for foreign children in Unterlüß, which
2541-925: The Security Technology division and acquiring a majority stake in Preh-Werke to expand the Automotive Technology division. In 1995, Rheinmetall expanded its expertise in medium-calibre automatic cannon systems, by acquiring a majority stake in Mauser-Werke Oberndorf Waffensysteme GmbH and increasing Pierburg's involvement in the USA. In the same year, Rheinmetall acquired a stake in STN Atlas Elektronik in order to strengthen its expertise in defence electronics. In 1997, Rheinmetall underwent
2618-652: The armaments production came to a standstill and Rheinmetall had to lay off employees. The provisions of the Treaty of Versailles made it necessary to switch to civilian products. Rheinmetall therefore produced locomotives, railway carriages, agricultural machinery and steam ploughs in the Rhineland. The factory in Sömmerda produced precision mechanical devices such as typewriters and calculating machines. Steel production in Rath
2695-667: The assembly of S-boats . By the end of 1941 the Reichswerke became the largest company in Europe. The conglomerate experienced a series of reorganizations; in January 1941 its assets were arranged in three divisions: A fourth division was added later for captured Soviet assets – Kryvbas and Donets Basin plants and mines in Ukraine , with lesser interests in Belarus , Latvia and central Russia. The Reichswerke amassed too many plants to run them effectively. Instead of pinpointing
2772-478: The changed global political situation, Rheinmetall adapted its corporate strategy by diversifying into civilian industrial products. By acquiring a 100 per cent stake in MaK System Gesellschaft, part of Friedrich Krupp AG, between 1990 and 1992, Rheinmetall expanded its expertise in the field of new systems for land forces and special vehicles. For example, for use in environmental protection. In
2849-426: The company came under complete state control and was integrated into the planned war preparations. In the last two years of the war, the production facilities were severely damaged or destroyed by Allied air raids. After a heavy air raid on the factories in Düsseldorf, numerous production areas were relocated east to areas of the later GDR , such as Apolda and present-day Poland, such as Guben and Breslau . During
2926-653: The executive board). With its Vehicle Systems divisions, Europe and International, Rheinmetall is primarily active in the field of wheeled and tracked military vehicles. The Weapon and Ammunition division is active in weapon systems and ammunition. The Electronic Solutions division is concerned with the digitalisation of armed forces, infantry equipment, air defence and simulation. The Sensors and Actuators division provides equipment for industrial applications and e-mobility, as well as components and control systems for reducing emissions. The Materials and Trade division supplies plain bearings and structural components and operates
3003-470: The factory in Düsseldorf was expanded. At the beginning of the First World War in 1914, Rheinmetall was one of the largest armaments manufacturers in the German Empire, and employed almost 8,000 people. By the end of the war, the workforce had increased to almost 48,000 workers and employees, including around 9,000 women.The built-up area at the main plant quadrupled during this time. After the war,
3080-402: The field of unmanned aerial systems and cargo loading systems in a joint venture. Cassidian holds 51 percent and Rheinmetall 49 percent of the shares in the newly founded Rheinmetall Airborne Systems GmbH. In May 2012, the automotive sector streamlined its organizational structure. KSPG's previous six business units were bundled into three divisions: Hardparts, Mechatronics and Motorservice. In
3157-527: The fifth largest in Europe. Rheinmetall has been listed in the German DAX share index since 20 March 2023. The key trends for Rheinmetall AG are, as of each financial year: In 2023, 66 % of Rheinmetall AG shares were held by institutional investors, 48 % of which came from North America, 21 % from Europe and 3 % from the rest of the world. 23 % of Rheinmetall's shares were owned by private shareholders. In 2023, other investors held
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3234-484: The first acquisitions of foreign companies in Portugal, Great Britain and the Netherlands. In 1978, production of the 155 mm FH70 field howitzer began. In October 1979, the first Leopard 2 main battle tank was delivered to the Bundeswehr. It was equipped with the 120-millimetre smoothbore gun developed by Rheinmetall. In the following years, the company's civilian division was reorganised and strengthened in 1981 with
3311-522: The focus on the defence technology divisions was largely completed . In 2003, Rheinmetall Landsysteme delivered the first new Marder 1A5 mine-protected infantry fighting vehicle . To develop the new Puma infantry fighting vehicle for the Bundeswehr, Rheinmetall Landsysteme and Krauss-Maffei Wegmann set up the joint venture PSM GmbH, in which both companies hold a 50 per cent stake. In the Defence Technology division, Rheinmetall W&M GmbH
3388-419: The global aftermarket business. In fiscal year 2022 (2021), Rheinmetall generated sales of €6.410 billion (€5.658 billion). It had 25,486 (23,945) employees (FTE) and a reported EBIT of €731 million (€608 million). In the 2020 financial year (2019) Rheinmetall had €5.405 (6.255) billion in sales, with 23,268 (23,780) employees (FTE) worldwide. In 2022, Rheinmetall was the largest defence company in Germany, and
3465-576: The increased demand for steel resulting from the expansion of the main plant, Metallwerk Ehrhardt & Heye AG in Düsseldorf-Rath was acquired in 1892 and incorporated into the company in 1896. In 1896, Rheinmetall presented the world's first rapid-fire gun suitable for field service, with variable recoil and combined barrel recoil and a forward feed device. It was based on patents by the engineer Konrad Haußner. The Prussian artillery testing commission rejected it, either misjudging or not realising
3542-539: The manufacture of steam ploughs. In 1925, the state holding company VIAG of the German Reich bought a majority stake in Rheinmetall, as part of a capital increase. In April 1933, Rheinmetall bought the locomotive manufacturer Borsig, which was about to be liquidated, and thus came into possession of a large factory in Berlin-Tegel. This led to Rheinmetall being renamed Rheinmetall-Borsig AG in 1936. As part of
3619-459: The mining and steel core of the Reichswerke continued operation under Göring's supervision until the end of the war, albeit at a loss. The conglomerate was dismembered by the Allies in 1944–1945, but the Salzgitter plant continued operations as Reichswerke until 1953. The Reichswerke logo, which resembled Göring's coat of arms , remained in use by Peine+Salzgitter until the middle of the 1980s. In 1935–1936 German steel industry, concentrated in
3696-465: The most promising assets, it spread the available resources over everything it had. Its managers did not feel the pressure of competition that shaped the management of private companies. Richard Overy noted that Göring's obsession with long-term mega-projects not only drained the economy, but was in stark contrast with the ideology of blitzkrieg . Inability to control the huge conglomerate became evident in 1942, and Pleiger persuaded Göring to limit
3773-438: The new technology removed the barriers for Göring's plans. In December 1936 Göring announced that domestic ore, iron and steel program had become a national priority and that he would not tolerate hesitation or obstruction by private owners of the resources. Private capital raised their objections against rapid growth, and Göring settled to take ore mining under state control. Throughout the first half of 1937 Göring rallied for
3850-459: The outbreak of the war, the Reichswerke abandoned peacetime formalities and simply took over all "German" assets it found attractive. It declared itself "a trustee for the German state" for the duration of the war, a white knight saving occupied countries from " colonialism " of big business. Settlements and compensations, when recognized, were delayed until the end of the war. But the Reichswerke's own post-war plans, developed in 1942, called for
3927-444: The possibilities. After the successful introduction of recoil-operated guns by France (Canon de 75 mle 1897), this attitude changed and the development became a great economic success for Rheinmetall. In 1901, on the initiative of Heinrich Ehrhardt, Rheinmetall took over the bankrupt Munitions- und Waffenfabrik AG in Sömmerda , expanding its product range. In the following years, Rheinmetall also grew due to orders from abroad. In 1906,
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#17327823981734004-472: The possibility of an IPO for Kolbenschmidt Pierburg (KSPG), which represents the automotive sector of the Rheinmetall Group; this possibility ended in 2012. That year, KSPG took over the plain bearing activities of Kirloskar Oil Engines Ltd (KOEL) in Pune, India. KOEL is, among other things, the largest plain bearing manufacturer in India, and is primarily focussed on the domestic market there. In January 2012, Rheinmetall and Cassidian combined their activities in
4081-566: The private business refused for fear of overproduction. The Reichswerke purchased a non-controlling share in Alpine and then wrestled complete control over the company for six months. Regulatory pressure threatened to devalue Alpine, and in March 1939 VS stepped aside. Alpine's ore resources were vital for Göring's second great project – the new vertically integrated cluster of steel mills in Linz which also included Eisenwerke Oberdonau and numerous construction and shipping companies. Göring, in his functions of President of Prussia and Chief of
4158-462: The purchasing of multiple companies. In 1999, Rheinmetall sold off its packaging technology division to IWKA AG. In 1986, the Automotive Technology division was established through the acquisition of carburettor manufacturer Pierburg GmbH. Together with Diehl Munitionssysteme, Rheinmetall founded the Gesellschaft für Intelligente Wirksysteme (GIWS). GIWS specialised in intelligent ammunition, projectiles and other defence technology systems. In 1989, due to
4235-474: The rearmament of the Wehrmacht, Rheinmetall increasingly developed and produced weapons and ammunition on behalf of the Reich Ministry of War from the mid-1930s onward. The products ranged from machine guns and cannons, anti-tank guns, mine launchers and field guns to anti-aircraft guns and railway guns. In 1937, the subsidiary Alkett (Altmärkische Kettenwerke) was founded in Berlin for the development and construction of armoured tracked vehicles. From 1937 onward, it
4312-427: The remaining 11%. The largest shareholders in 2023 were: In 2012, Rheinmetall Air Defence (RAD), a division of Rheinmetall, was one of six companies that were blacklisted by India 's Ministry of Defence for their involvement in a bribery scandal. The companies were accused of bribing the Director General of Ordnance Factories Board (OFB), Sudipta Ghosh. RAD and the other firms were barred from any dealings with
4389-434: The rise in military spending, further increasing dependence on imports. Influential people inside the Nazi Party , including Hitler's economic advisor Wilhelm Keppler , rallied to increase domestic iron ore mining. Iron ore became the principal problem of the Four Year Plan (1936–1940). In October 1936 Göring learned that Stewarts & Lloyds foundry in Corby , United Kingdom, had successfully smelted low-grade ores;
4466-403: The same term [REDACTED] This disambiguation page lists articles associated with the title RHM . If an internal link led you here, you may wish to change the link to point directly to the intended article. Retrieved from " https://en.wikipedia.org/w/index.php?title=RHM&oldid=1049289541 " Category : Disambiguation pages Hidden categories: Short description
4543-471: The same time, preparations were made for the resumption of armaments production as early as 1950. In 1954, the first enquiries from German and Swiss former armaments manufacturers to the federal government, who wanted to buy the company, can be documented. An upturn came in 1956, when the 56 per cent majority share in Rheinmetall-Borsig, which was owned by the Federal Republic of Germany, was taken over by Röchlingsche Eisen- und Stahlwerke GmbH. In August, Borsig
4620-428: The same year, Rheinmetall delivered the first Wiesel armoured weapon carrier to the German armed forces. The company strengthened its involvement in the field of ammunition production by acquiring a stake in WNC-Nitrochemie GmbH in Aschau am Inn. In 1993, Rheinmetall expanded its civilian product range by acquiring Mauser Waldeck AG to build up the Office Systems division, taking over Heimann Systems GmbH to strengthen
4697-501: The steel barons were stunned by a decree which instituted the Reichswerke , an integrated state company tasked with surpassing the Ruhr in finished steel output. Fearing creation of excessive industrial capacity and cutthroat competition with the state, they cautiously discussed the ways of curbing Göring's ambitions. They joined arms with Göring's adversary, Reichsminister of Economics Hjalmar Schacht , who denied state financing to Göring's project. On 23 July 1937 Göring announced that
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#17327823981734774-416: The steel barons' moves and he preempted their organized action through personal threats and promises. The steel barons escaped an open confrontation with the regime but the trust between Nazi leadership and big business was lost forever. Schacht was compelled to resign in November 1937, his function passed to Göring. The Salzgitter project recruited its workforce from all over Germany, Austria , Italy ,
4851-405: The supply capability of ammunition for the Gepard anti-aircraft gun tank. In December 2022, Rheinmetall increased production of ammunition in Germany, in connection with the war in Ukraine and a Swiss veto on ammunition deliveries. Rheinmetall announced that it was building a new production facility for 20-35 millimeter calibre ammunition. In July 2023, the plant started production. In September, it
4928-518: The town's economy. Dismantling began in earnest in 1947 and ended with the demolition of furnaces and foundries. Salzgitter was flooded with forty four thousand German refugees from the East , unemployment exceeded 30%, and the British considered physically resettling the residents in fear of a communist uprising. Of the thirty seven thousand displaced persons (mostly from Poland) working in Salzgitter in 1945, many refused to be resettled, and deportations continued until mid-1950s. In February 1950
5005-432: The wake of the large-scale Russian invasion of Ukraine in 2022, German Chancellor Olaf Scholz coined the term "turning point" during a special session of the Bundestag in February. The associated change in German foreign and security policy included a special fund for the Bundeswehr, amounting to 100 billion euros. Rheinmetall Group CEO Armin Papperger expressed the expectation that Rheinmetall would benefit from this on
5082-404: The war, the number of employees grew to 85,000. By the end of the war, most of the Rheinmetall-Borsig plants had been destroyed. The plants in Düsseldorf, West Berlin and Unterlüß came under the control of the Western Allies, and under trusteeship. All properties in the territories occupied by the Red Army were expropriated. Some factories were completely dismantled by the victorious powers. During
5159-423: The workers stood up against demolition of their plants and eventually won the bloodless standoff with British troops. Dismantling continued for another year, but steelmaking in Salzgitter was saved. The state-owned plant operated under the name Reichswerke until 1953, was renamed AG für Bergbau- und Hüttenbetrieb, and eventually became Salzgitter AG . The Reichswerke logo, which resembled Göring's coat of arms ,
5236-541: Was also a maternity home for forced labourers and a killing centre for their children. At times, Hungarian Jewish women from a subcamp of the Bergen-Belsen concentration camp were deployed in Unterlüß. The Düsseldorf plant was not fully destroyed after the Second World War. Almost the entire workforce was made redundant on 30 June 1945. A small number of employees and workers apparently remained in service, carrying out clean-up work and small-scale civilian production. The Rheinmetall sites were hardly affected by dismantling. In
5313-453: Was announced that Hungary would be the first country to complete development of its version of the KF 51 tank, and locally produce it. In October 2023, Ukrainian Prime Minister Denys Shmyhal presented Chancellor Scholz with the certificate of registration of the joint venture Rheinmetall Ukrainien Defence Industry LLC, based in Kyiv, which began operations in the same month. It was announced in December 2023 that Rheinmetall planned to produce
5390-464: Was increased to ensure the production of civilian goods. From 1921, Allied regulations once again permitted the production of weapons systems in small quantities. The plant in Düsseldorf-Derendorf was occupied by Belgian and French troops in 1921, during the Allied occupation of the Rhineland, and from 1923 to 1925 during the occupation of the Ruhr, and was partially devastated. Due to a lack of orders, civilian production had to be discontinued except for
5467-399: Was independent of private interests. By the end of 1941 the Reichswerke became the largest company in Europe and probably in the whole world, with a capital of 2.4 billion ℛ︁ℳ︁ and about half a million workers. In 1942 the Reichswerke's inefficient corporate structure was reduced in size. Its weapons and munitions assets were integrated into the Ministry of Armaments ;
5544-400: Was merged with Mauser-Werke Oberndorf Waffensysteme GmbH, Buck Neue Technologien GmbH and Pyrotechnik Silberhütte GmbH to form the new Rheinmetall Waffe Munition GmbH. Rheinmetall cooperated with Rafael Ltd. and Diehl Munitionssysteme GmbH for missile manufacturing contracts. In 2005, Rheinmetall Landsysteme became a co-partner in the newly founded Heeresinstandsetzungslogistik (HIL). The company
5621-414: Was not sufficient even for native Germans; foreign workers had to live in seventy makeshift camps. The Gestapo ran an on-site concentration camp for the delinquent workers. Forced labor of prisoners from Nazi concentration camps was not employed until May 1944; the three camps that supplied slaves to Salzgitter contained up to 6,500 prisoners. Another local camp, Drutte, supplied slave workers for
5698-529: Was not willing to share the fortunes with private German businesses – on the contrary, the Reichswerke absorbed Austrian assets that were already owned by German investors and completely eliminated the barons of Ruhr from Austrian industry. Its primary target in Austria, Alpine Montangesellschaft [ de ] steel company, was 56% owned by German giant VS. Immediately after the Anschluss, Göring advised VS to speed up mining its Austrian ores, and again
5775-680: Was sold to Salzgitter AG. The holding company was renamed Rheinmetall Berlin AG in November. The subsidiary in Düsseldorf was renamed Rheinmetall GmbH in 1957. A new defence technology production programme was launched in 1956, with the establishment of the Bundeswehr. Rheinmetall produced machine guns, automatic cannons and ammunition. The first product was the MG3 . In 1960, the workforce had grown to 3,080 employees. In 1964, production of heavy weapons resumed, such as gun barrels and mounts. Rheinmetall began equipping tanks and artillery pieces. Rheinmetall developed
5852-557: Was the case of the British-owned Rothschild family mill in Vitkovice . Sudetenland , annexed in 1938, brought the first substantial coal reserves. In Germany, the Reichswerke effectively subdued the Ruhr barons by forcing them to supply coal to Salzgitter blast furnaces, commissioned in 1939, at below-market price. "Acquisition" of Polish coal mines allowed the Reichswerke to drop coal prices even lower. After
5929-437: Was the second largest German armaments company. In 1938, the company moved its headquarters from Düsseldorf to Berlin. During the Second World War, armaments production was increased to the maximum and the development of new weapons systems was demanded. State influence through Wehrmacht institutions and the integration of Rheinmetall-Borsig into the state-owned company Reichswerke Hermann Göring increased to such an extent that
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