Business

Transforming Into a Global Defence Powerhouse: Rheinmetall (Germany) – 2024 Performance Review and Growth Outlook

Rheinmetall AG delivered record financial results in 2024, driven by surging demand amid Europe’s “Zeitenwende”, historic shift in security policy. Group sales jumped 36 percent to €9.75 billion, from €7.18 billion in 2023, reaching the company’s target of ~€10 billion. Operating profit

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Global Expansion and Digital Shift: Patria (Finland) – 2024 Performance Review and Growth Outlook

Finland’s Patria Group recorded strong financial growth in 2024, fuelled by defence procurement upticks post-NATO accession. Net sales reached €825.7 million in 2024, a healthy ~12.5 percent increase from €733.8 million in 2023. Patria is expanding globally while strengthening its

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A Kongsberg Naval Strike Missile, launched from a warship – one of the company’s flagship products experiencing record demand. (Image: Kongsberg)

Operating in More Than 40 Countries: Kongsberg (Norway) – 2024 Performance Review and Growth Outlook

Kongsberg Gruppen achieved all-time high revenues and profits in 2024, capping a multi-year growth streak. The company’s success in 2024 reinforced its importance: it continues to deliver both economic value – profits, jobs, tax revenues – and strategic value – equipping

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