Rheinmetall: Arms exports to Algeria

Rheinmetall reportedly plans to manufacture as many as 1,200 armored personnel  vehicles over the next ten years in Algeria1 – where authorities continue to obstruct  people´s right to protest and freedom of expression by suppressing demonstrations and harassing human rights defenders2.

Rheinmetall ‘is seeking to gain a stronger foothold in Asia, South America and the MENA region’3. In pursuit of this, Rheinmetall was in June 2014 due to sign a €2.7 billion deal to manufacture 980 Fuchs 2 armoured vehicles in Algeria. The German government has reportedly approved this contract4.

 

Investor information correct as at publication of Dirty Profits 3.


  1. Der Spiegel (2012): Panzer für Algerien, 46/2012, 12 November (accessed 12.02.2014) []
  2. Amnesty International: Annual  Report 2013: The State of the World´s Human Rights (accessed 12.02.2014) []
  3. Rheinmetall Defence (2014): Opening the door to new markets and new business opportunities (accessed 01.10.2014)  []
  4. Seythal, T. (2014): Germany approves Rhinemetall’s plant delivery to Algeria; Reuters, 24 August (accessed 01.10.2104)  []
Case location
Algeria
Algeria


Affected topics
  • Controversial Weapons
Affected norms and standards Directly and indirectly (through shareholding) involved companies Indirect investors through shareholding

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