RENK Group AG (R3NK) NPV

Renk Group AG is a Germany-based company. The Company is engaged in three operating segments: Vehicle Mobility Solutions (VMS), Marine & Industry (M&I) and Slide Bearings (SB). The VMS segment is engaged in vehicle transmissions in tracked military vehicles like battle tanks and infantry fighting vehicles, as well as engines, suspension systems, final drives, and electrical components for military vehicles. Through the VMS segment, they provide drive technologies for tracked and wheeled military vehicles to around 70 land forces worldwide, with a focus on European Union (EU) and member states of North Atlantic Treaty Organization (NATO). In the M&I segment, the Company offers technology for gear units and coupling & clutching solutions for naval forces, commercial shipping and industrial applications. In the SB segment, the Company offers standardized slide bearing (e-bearings) for electric machinery and hydrodynamic lubricated standard slide bearings.