EconomyVolkswagen’s Osnabrück plant to switch from cars to defence
Crisis-hit Volkswagen has reached a preliminary agreement to sell its Osnabrück plant in Lower Saxony to the state government and Israeli investor Aurelius Capital. From mid-2027, the factory is expected to produce equipment for Rafael Advanced Defence Systems, the maker of the Iron Dome missile defence system. The report also examines Germany’s economy after the far-right AfD’s historic win in Saxony-Anhalt.
Volkswagen’s Osnabrück plant to switch from cars to defence
Economy