A German Leopard tank on a Nato training exercise last year.
A German Leopard tank on a NATO training exercise last year.
  • Rheinmetall wants to build tanks in Ukraine, CEO Armin Papperger told the Rheinische Post.
  • A plant would cost about $200 million and could produce 400 battle tanks a year.
  • Rheinmetall makes the Leopard 2 tanks that Germany finally offered to send to Ukraine in January.

A German arms giant wants to build a tank factory in Ukraine, the Rheinische Post reported Saturday.

"Talks with the Ukrainian government are promising and I'm hoping for a decision in the next two months," Armin Papperger, the CEO of Rheinmetall, told the newspaper.