
Due to known Russian attack plans, Rheinmetall boss Armin Papperger has had to enjoy round-the-clock personal protection since 2024, as became apparent during his visit to the Eurosatory arms trade fair in Paris, where he had to be driven in an armored vehicle despite the short distance to the Croatian stand.
AI-generated summary
Russian attack plans against Rheinmetall boss Armin Papperger have been known since 2024, meaning that since then he, like Chancellor Friedrich Merz, has received round-the-clock personal protection.
Paris, Kassel, Unterlüß, Aschau am Inn, Düsseldorf. Armin Papperger is in a hurry. It's June in Paris, it's hot and the Rheinmetall boss now has to rush to the Croatian stand at the Eurosatory arms fair. “They’re already waiting,” his assistant admonishes him. Papperger had sat together with Jens Plötner, State Secretary in the Ministry of Defense, and exaggerated. “All right, then let’s run over quickly, it’s only a few meters,” says Papperger, already on the way out of the Rheinmetall pavilion.
“You’re not going anywhere,” a man dressed in black with a button in his ear stops the 63-year-old. He is one of Papperger's bodyguards. “We have to take the car.” Papperger pauses briefly: “Really now?” he asks, but quickly realizes that any discussion is pointless. “Yes, it has to be.” Papperger gets into the armored limousine that takes him to the Croatian stand, less than 500 meters away.
One of Germany's currently most influential corporate bosses cannot move freely - even at closed trade fairs like Eurosatory: After Russian attack plans against the Rheinmetall boss became known in 2024, he will be protected like Chancellor Friedrich Merz, 24 hours a day, 365 days a year, at home, on the move, everywhere.

The Volkswagen Group has adopted the 2030 future plan, which envisages cutting around 50,000 jobs, reducing the model range by 50 percent and streamlining shareholdings by a third. Four plants are still in jeopardy, while the supervisory board, employees and state government welcome the plan as a necessary step towards transformation.
Shortly before the supervisory board meeting, Volkswagen's board of directors, owners, employees and the state of Lower Saxony agreed on the 2030 future plan, which envisages a global reduction of 100,000 jobs, fewer models and the sale of investments in order to increase the return from three to nine percent. The future of the plants in Emden, Hanover, Neckarsulm and Zwickau remains unclear as they are now caught in internal competition for their future.

Siemens Energy boss Christian Bruch warns of a significantly increased threat to critical infrastructure in Germany compared to other European countries and calls for rapid preparation for hybrid attacks and strengthening the ability to repair through structured emergency plans and resilience concepts.

A study by the German Economic Institute shows that without immigration from the EU and third countries, the number of qualified employees in eastern Germany would fall by 5.3 percent. International skilled workers are particularly important in logistics, healthcare and gastronomy, while the AfD is mobilizing against immigration ahead of the state elections in Saxony-Anhalt.
Siemens Energy boss Christian Bruch warns of a significantly increased threat to critical infrastructure in Germany and sees the country as particularly exposed due to its role as a transit country in conflicts. He calls for a structured way of dealing with attacks, a stronger ability to repair and emphasizes that not everything can be protected, but that rapid recovery is crucial.
Hesse's Prime Minister Boris Rhein met UniCredit boss Andrea Orcel and made demands, including maintaining Commerzbank's legal headquarters and board of directors in Frankfurt and keeping important functions at the location. The federal government still holds 12 percent of the bank and could play an important role in a takeover.