Kazakhstan’s Ambassador to Germany, Dauren Karipov, Holds Meetings with Top Management of LEMKEN GmbH & Co. KG and Rheinmetall AG

ALPEN and DUSSELDORF, 10 July 2020 - On the second day of his visit to the federal state of North Rhine-Westphalia, Kazakhstan’s Ambassador to Germany Dauren Karipov met with the top management of LEMKEN and Rheinmetall AG.

The topic of the negotiations centered on expanding investment cooperation and implementing joint projects. During the meeting with Anthony van der Ley, the CEO of LEMKEN – a leading agricultural machinery manufacturer – Ambassador Karipov discussed the results of the subsequent official visits of Kazakhstan's President Kassym-Jomart Tokaev to Germany in December 2019 and February 2020. The visitsprovided an additional impulse for bilateral trade, economic and investment cooperation, and also introduced a system of privileges and preferences for German investors.

Anthony van der Ley, in turn, noted the Kazakh market’s importance for the company and expressed readiness to expand cooperation with our country. Following the meeting, Ambassador Karipov visited the company's production site and training center for its regional and country representatives.

"LEMKEN", founded in 1780, is one of the world's oldest and largest manufacturers of agricultural machinery. The company's 2019 turnover amounted to more than 380 million euros, while employee numbers stood at 1.7 thousand. "LEMKEN" has 29 subsidiaries in various countries as well as 4 production and assembly plants in France, Russia, China, and India. The company opened a service center in Kazakhstan in 2013.

During the meeting with the Chairman of the Board of Rheinmetall Group, Armin Papperger, the two sides discussed prospects for cooperation in the field of technology transfers and investment attraction. The diplomat drew attention to Kazakhstan’s geographically advantageous location and the possibility of selling products throughout the EAEU customs zone.

In turn, Mr. Papperger informed the guest about the company’s activities in the field of mechanical engineering, production of components for automobiles and renewable energy, pumps, weapons and military equipment, as well as advanced solutions in electric mobility and safety.

Rheinmetall Group is comprised of the operating units of Rheinmetall Automotive and Rheinmetall Defense. The company has more than 26 thousand employees and an annual turnover of 6.3 billion euros.