BERLIN, Feb 18 (Reuters) - Rheinmetall has received the green light from the Italian government to start production at a plant on the island of Sardinia, the German defence company said late on
Italian Government Approves Rheinmetall's Sardinia Plant Production
Rheinmetall's Production Plans in Sardinia
BERLIN, Feb 18 (Reuters) - Rheinmetall has received the green light from the Italian government to start production at a plant on the island of Sardinia, the German defence company said late on Tuesday.
Investment and Production Details
The Financial Times reported on the approval earlier on Tuesday.
Environmental Compliance and Approvals
The company welcomed the decision of the Italian government, which confirmed that the plant complies with environmental guidelines, Rheinmetall told Reuters.
"The production is planned to start shortly to sustain the demand of several EU, NATO and allied countries."
Rheinmetall has a strong presence in Italy. Together with the Italian group Leonardo the company builds tanks, among other ordnance.
It has invested around 50 million euros ($59 million) in the Domusnovas site in the south of Sardinia, where the group intends to manufacture large quantities of explosives and guided missiles for NATO countries.
($1 = 0.8448 euros)
(Reporting by Matthias Inverardi, Writing by Linda Pasquini)
