Augsburg, January 14, 2026 – RENK Group AG, a leading provider of propulsion solutions for the military and civilian sectors, is joining the cross-industry “Made for Germany” initiative. Through this involvement, the RENK Group is demonstrating its clear commitment to Germany as a business location and to the shared responsibility of ensuring economic competitiveness and creating sustainable conditions.
“As the RENK Group, it is our responsibility to make a significant contribution to a secure future and to Germany as a strong business location. That is why we are part of ‘Made for Germany’. We have confidence in the location and will be investing more than a quarter of a billion euros in our digital transformation, our innovative strength, and the targeted expansion of our capacities by 2028,” says Dr. Alexander Sagel, CEO of RENK Group AG.
“Made for Germany” brings together 114 leading companies and investors from various sectors with the aim of establishing closer links between business and politics. The members want to strengthen confidence in Germany as a business location and initiate targeted investments in order to create sustainable prospects for future generations. The members are planning joint investments totaling € 764 billion in innovation, research, infrastructure, and new jobs by 2028.
RENK is making its contribution to strengthening the location and will invest up to € 325 million in Germany by 2028 with a clear focus on three strategic priorities:
- Digitalization: Implementation of full drive-by-wire capabilities as the basis for the transition to autonomous, unmanned vehicles. Developing data acquisition and analysis functions for preventive maintenance, optimization of life cycle forecasts, and support for maintenance decisions.
- Innovation: Development and market launch of forward-looking transmissions Transmission The function of a vehicle transmission is to adjust the torque and speed, and to transfer engine power to the drive wheels. such as the HSWL 076 for modern light tracked vehicles Tracked vehicles A tracked vehicle is a vehicle that moves on tracks rather than wheels, typically used for rough terrain. , and the HSWL 406 for heavy battle tank platforms, as well as entry into the market for unmanned heavy platforms (10 to 20 tons).
- Capacity expansion: Targeted expansion of production capacities for the growing defense demand at the German sites in Augsburg and Rheine, as well as the transition to modern industrial small batch production, and improved efficiency, flexibility, and operational excellence.
The “Made for Germany” initiative sees itself as a constructive partner from the field, fostering the implementation of key reforms in a solution-oriented dialog with the German government – from digitalization and less bureaucracy to strengthening the labor market.
By joining “Made for Germany”, RENK is sending a clear signal: The planned investments stand not only for technological progress but also for a long-term commitment to Germany as a strong and sustainable business location.
About the RENK Group AG
Headquartered in Augsburg, Germany, RENK Group AG is a globally leading manufacturer of mission-critical propulsion solutions across diverse military and civil end markets. Our product portfolio includes gear units, transmissions Transmission The function of a vehicle transmission is to adjust the torque and speed, and to transfer engine power to the drive wheels. , power-packs, hybrid propulsion systems, suspension systems Suspension systems Suspension systems are designed to dampen the shocks and vibrations experienced when driving on uneven terrain. , slide bearings Slide bearings Slide bearings facilitate the low-friction movement of shafts by coming into direct contact with a sliding surface. , couplings Couplings Couplings are used to connect two shafts for the transmission of torque, and to compensate for misalignment or movement. & clutches and test systems Test systems Test systems evaluate the functionality, load capacity and wear of technical components under realistic conditions. . With this broad product portfolio RENK Group AG serves, in particular, customers in industries for military vehicles, naval, civil marine, and industrial applications focused on energy. In the fiscal year 2024, RENK Group AG generated revenue of EUR 1.14 billion. RENK Group AG has been listed on the Frankfurt Stock Exchange since February 7, 2024, and has been a member of the MDAX since March 24, 2025.
Disclaimer
This Press Release contains forward-looking statements that are based on plans, expectations, estimates and projections of the management of RENK Group as at the date of this Press Release. These plans, expectations, estimates and projections depend on a variety of assumptions and are subject to unforeseeable events, uncertainties, known and unknown risks as well as other factors that may cause actual results or the actual financial situation, development or performance to differ from those expressed or implied in the forward-looking statements. RENK Group does not assume any obligation to update the forward-looking statements or make adjustments to them to reflect events or developments occurring after the date of this Press Release unless obliged by statutory law.
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