RENK Group establishes subsidiary in Italy to strengthen european defence strategy

Newswire

Rome: RENK Group AG, a leading provider of military and civilian propulsion solutions, announced the founding of its new subsidiary, RENK ITALIA Srl. Based in La Spezia, a strategically significant region for defence and industrial projects, this move will enhance the company’s ability to serve Italian customers and expand its influence across the Mediterranean.

The establishment of RENK ITALIA aligns with RENK’s global growth strategy, reinforcing its role as a provider of mission-critical propulsion solutions in the security and renewable energy sectors. With a local presence in Italy, RENK will be better positioned to collaborate with the nation’s technological and industrial base, a key pillar of European defence, ensuring it meets the evolving needs of Italian partners.

La Spezia’s location offers RENK a strategic advantage, enabling the company to provide focused support for European defence projects. Susanne Wiegand, CEO of RENK Group AG, highlights the importance of this new subsidiary, stating that it will strengthen the competitiveness and operational readiness of the European defence industry.

RENK ITALIA Srl will be led by a highly experienced management team, including CEO Sergio Rizzi and Chairman of the Board Admiral Pier-Federico Bisconti.

“With their expertise, we are confident that RENK ITALIA will succeed in enhancing our mission in Italy and further solidify our global leadership in propulsion solutions,” added Susanne Wiegand.