Augsburg, July 3, 2025 – RENK Group AG, a leading provider of propulsion solutions for the military and civilian sectors, sees the foundation of MARTE ARGE as another important step toward strengthening European defense capabilities. The joint development program for the Main ARmoured Tank of Europe (MARTE) underscores the willingness and readiness of European industrial partners to work together shoulder to shoulder to provide state-of-the-art defense technologies for the armed forces.
Dr. Alexander Sagel, CEO of RENK Group AG, says: “MARTE is an important European research project that engenders urgently needed skills and has the potential to raise the European defense industry to a new performance level. At the same time, it is essential to consolidate the European defense industry. Only then can enhanced efficiency be achieved, competitiveness ensured, and the numerous different platforms brought to a common technological level.”
Sagel stresses that the current proliferation of vehicle platforms in Europe is resulting in significant efficiency losses: “Given the security challenges, especially the threat from Russia and rising defense spending as a result, increased consolidation of the industry is essential. Only then can joint standards and technologies be developed and implemented faster.”
Market availability is now the order of the day: The vehicle family of the Leopard 2 main battle tank and the HSWL 354 gear unit it uses provide a field-tested platform with the capability for technology transfer into future platforms. “Thanks to this consistent and mature product base we at Renk can ensure highly scalable production, durability, and minimum supply chain risks – and, at the same time, are driving modernization in terms of performance,” Sagel concludes.
Renk is currently in the field with the Leopard 2 main battle tank in 18 countries. It is thus the central partner for mobility solutions in the European defense industry, and, with MARTE, is also contributing to the joint development of the new main battle tank generation.
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, power-packs, hybrid propulsion systems, suspension systems Suspension Systems Suspension systems absorb shocks and ensure vehicle stability. , slide bearings Slide Bearings Slide bearings enable low-friction movement between fixed parts. , couplings Couplings Couplings connect two shafts to transmit torque. & clutches and test systems Test Systems Test systems assess technical components for function and durability. . 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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