Augsburg, October 22, 2025 – RENK Group AG, a leading provider of propulsion solutions for the military sector, is supplying HSWL 295 transmissions Transmission The function of a vehicle transmission is to adjust the torque and speed, and to transfer engine power to the drive wheels. for the K2 battle tank. The order has a total value of over EUR 70 million. The transmissions Transmission The function of a vehicle transmission is to adjust the torque and speed, and to transfer engine power to the drive wheels. will be manufactured at the Augsburg site and are destined for the Polish market.
“With its growing defense capacities and strategic investment in military technology, Poland is now among the largest providers of troops within NATO and is making a significant contribution to the collective security of Europe. We are firmly committed to providing our partners in the region with strong support through RENK technology,” says Michael Masur, CEO Vehicle Mobility Solutions.
Poland plays a key role on NATO’s eastern flank as it borders directly on Russia, Belarus and Ukraine. To strengthen its security architecture, the country is further expanding its defense capabilities and can rely in that on reliable partners such as the RENK Group – now and in the future.
RENK is also helping to reinforce Ukraine’s defense capabilities. To that end, a service support agreement was recently concluded.
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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