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Renk CEO Sagel: 'The defense industry cannot compensate for the automotive sector's crisis.'

Defense supplier Renk is one of the beneficiaries of rising defense spending. Yet CEO Alexander Sagel sees limited potential for offsetting the automotive industry’s weaknesses.

22. August 2025
Dr. Alexander Sagel is CEO of the Renk Group. (IMAGO / Bihlmayerfotografie)

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Last updated: 22. August 2025