5 Articles
5 Articles
The German car holding Porsche SE will invest in the defence sector, announced on Wednesday its president Hans Dieter Pötsch. ...
The company bundles the VW investments of the Porsche and Piëch families. New investments should open up new sources of money.
Porsche SE Holding is venturing into alternative investments. The company that controls the Volkswagen Group, which also includes Škoda Auto, plans to strengthen its involvement in the defense industry, according to the German newspaper Handelsblatt.
The holding that controls Porsche and Volkswagen will diversify investments for the defence sector at a time of financial failure and internal restructuring.
Porsche Automobile Holding SE, the German investment company of the Porsche and Piëch families, intends to "take out" of the "significant development potential in the defence and security sectors," an opportunism that raises many questions.
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