Renck is looking for in Germany to the auto sector for a new talent while he is translating

Spare part color He looks forward to a talent from the auto sector, as it races to increase growth in the wake of increased geopolitical tensions and military spending.

Earlier this year Germany passed Historical financial package This has been a severe increase in the capabilities of defensive spending of the largest economy in Europe. The 27 -member government bloc increases its defense efforts amid the war in Ukraine and the increasingly tense Atlantic security partnership.

colorThe world leading company to create tank gears boxes is among the defense companies that have I saw her arrows gathering On the back of the growing military spending. The price of a share has increased more than 300 % so far this year and requests book jump 164 % to 549 million euros (622.3 million dollars) in the first quarter.

To keep pace with the high demand, defense companies such as Rink, Hensoldtand Rheinmetall It is increasingly cooperating with the auto industry. It is a sector that was historically one of the most important economic columns in Germany, but it faces Darkening Because of the slow economy in the country, increasing competition from China and US tariffs.

As for RNK, this cooperation through the industry consisted mainly from employing the auto industry workers, and taking advantage of the CEO of Alexander Sagel and CEO of operations Emerech Schiller at work in this sector.

She previously held positions in Rheinmetall and Daimler, which has since been renamed to Mercedes-Benz Group AG, while Schiller has worked in various administrative roles in Mercedes-Aamg GmbH.

In an exclusive interview from the RNK headquarters in Augsburg, Germany, the CEO of Annette Weisbach told CNBC that the resource of the tank parts had witnessed a group of automotive applicants, which is “of course” benefiting from the integration of these experts.

Schiller stressed this trend, adding: “We are really looking for engineers who have this education, who can adapt to our industry and bring our methods in cars such as continuous improvement, such as the principles of the back to increase efficiency – to increase quality, and this is what we really are looking for.”

in Deutsche Bank Note From March, analysts, led by Adrian Cox, explained that excessive ability is a problem in the auto industry in Europe, especially in Germany, where 100,000 jobs are now dangerous. Analysts said that car factories lie in lethargy while the defense sector remains “sub -“, adding that experienced car workers can benefit from the defense industry because they “move to serial production and increase profitability.”

Analysts commented that there is “a historical opportunity to kill two birds with one stone by converting some (Germany) car ingenuity into military production.”

“The German auto industry is now increasingly speaking to the neighboring sectors,” CNBC told CNBC.

They said: “Unlike the industry, Germany is no longer competitive internationally as a work site,” adding that they “welcome anything due to Germany’s promotion as a production site in order to maintain growth, prosperity and jobs in Germany.”

When asked about transformations from cars to defense, Monica Chenzer, President of the German Economic Experts Council, Tell Cnbc’s Squawk box EuropE On Tuesday it is an opportunity “we must seize.”

She added that these workers “will be” will need to ensure that the auto industry is demobilized, and therefore it will be supposed to “reduce this transition by bringing people from another company to another company where it is needed” and also strengthening the Residence.