The closing 19th century is a period of sweeping technical and economic progress. In 1876, Nikolaus Otto builds the first four-stroke engine, Alexander Bell brings the telephone on its way, Edison pioneers entertainment electronics and, in 1878, invents the electric light bulb, Werner Siemens presents the first electric train in 1879, and Maybach, Daimler and Benz achieve automotive engineering advances in the 80s.
Rheinmetall Chronicle
On 13 April 1889, the metals and mining conglomerate ho*rder Bergwerks- und Hüttenverein, under General Director Joseph Massenez, founded “Rheinische Metallwaaren- und Maschinenfabrik Actiengesellschaft” to supply munitions to the German Empire.In 1919, due to the provisions of the Treaty ofVersailles, it switched to civilian products (locomotives, steam plows, office machines). Military productionresumed in 1921.Engineer Heinrich Ehrhardt, from Thuringia, established the factory in Düsseldorf and headed it until 1920.
Now, the listed company Rheinmetall AG, headquartered in Düsseldorf, is a leading, globally active, integrated technology group that developsand sells components, systems and services for the security and civil industries.
An overview on the long history of Rheinmetall, since its foundation in 1889 until today:
Rheinmetall Group celebrated its 125th anniversary in 2014
On March 20, 2023, the technology group Rheinmetall AG was included in Germany’s benchmark DAX index. This underlined the success of the company’s development over the course of 130 years. Rheinmetall has long been a fixture on the trading floor. Following the company’s founding in 1889 under the name “Rheinische Metallwaaren- und Maschinenfabrik Actiengesellschaft,” it went public in 1894. In 1996, the Düsseldorf-based company became a founding member of the MDAX (mid-cap DAX) and has been listed in this stock index without interruption ever since.
