RENK Group AG

Additional Details

RENK Group AG is a leading German manufacturer of transmission systems, drive technologies, and suspension systems for both military and civilian sectors. RENK Group plays a vital and pivotal role in supporting the operational capabilities of the (IOF) in its current war by providing the transmission and engine systems that form the backbone of its heavy armored vehicles used in ground combat. RENK systems are the component responsible for the movement of the IOF's most important ground assault vehicles, such as the Merkava MK4 and MK5 tanks, and the Namer armored personnel carrier. The Namer is the IOF's most heavily armored vehicle, used to transport elite forces to the front lines, and relies on the same mechanical transmission and engines, all technically supported by RENK. In August 2025, when Germany imposed temporary restrictions on some arms exports to Israel, the stance of the Rink executive management received extensive coverage and acclaim in the Hebrew press (especially The Jerusalem Post), as Hebrew newspapers reported with interest the statements of the company's CEO (Alexander Sagel) to the international press, in which he affirmed: "The company has a responsibility to ensure the preservation of Israel's deterrence capabilities." -- Listed on FRA (RNK), RENK Group AG is backed by leading sovereign wealth funds, most notably NBIM.