The German defense industry is coming together: What the tank supplier's brilliant stock market debut means. As of: February 13, 2024, 5:15 a.m By: Lisa Mayerhofer CommentsPressSplit The Augsburg tank supplier Renk successfully went public on the stock exchange on Wednesday.

When it comes to stocks, it's mainly arms companies that have bought in - it's all about control. The Renk large gearboxes are used in tanks, which are experiencing a boom in the wake of global armament.