Rise of the Argentine Empire
#250 - Nationalization of the Rennes military industry
This time, the Rheindmetall tank factory, the Fletz light weapons factory, and the Rheindmetall artillery factory, all under the Rheindmetall Military Industries, were nationalized. The equipment and inventory of weapons and ammunition were valued at 1.5 billion pesos, to be paid in installments over 10 years, without interest.
What is the concept of 1.5 billion pesos in Argentina now?
It's probably only equivalent to 10 million US dollars, or even less.
Last year alone, Rheindmetall Military Industries imported more funds from Italy than that. The technology transfer price of the Italian military factory that Horst signed with reached 3.7 million US dollars, and the purchase of mechanical processing equipment reached 4 million US dollars.
Moreover, the investment in new weapons and equipment research by Rheindmetall Military Industries exceeded 15 million US dollars, which really caused Saint-Hose to suffer heavy losses.
Moreover, the value of various weapons in stock also exceeded 8 million US dollars, and many of them have already been sold.
The rocket launchers, RPG anti-tank weapons, new-generation assault rifles, Italian pistol project, second-generation main battle tanks, and naval gun modification projects that Saint-Hose had high hopes for have all vanished.
Some new factories under Rheindmetall Military Industries were retained, such as the Rheindmetall auto parts factory and the Rheindmetall bicycle factory, which gave Saint-Hose a little face.
Of course, the Rheindmetall Military Industries branch in Blanca City was an exception. Saint-Hose asked Rheindmetall Military Industries in Blanca City to change its name, split its equity, and directly become the new Cohen Heavy Industries Company, transferring some important design institute personnel.
Saint-Hose also saw for the first time what is called the characteristic nationalization reform of Latin America.
Isn't this the so-called legal robbery?
Although the nature of Rheindmetall Military Industries is indeed a bit different, belonging to the military industry manufacturing industry, it is different from the Argentine Military Aircraft Factory and the Buenos Aires Light Weapons Factory.
Rheindmetall Military Industries now has two things that are most valuable: the core engineer design team and various precision processing equipment.
The salaries of engineers are very high, and the employees of several large factories of Rheindmetall Military Industries also need to be laid off and reassigned. To these warlords, what are designers and engineers? Can they be eaten?
This is also the reason why Argentina's tank, jet fighter, gun design, and warship manufacturing have not been successfully developed.
The people in the military are a bit short-sighted about these things and are more willing to see the immediate benefits.
It is impossible to be like the American military-industrial complex, the Soviet military-industrial complex, or the integrated military-civilian development of New China.
Rheindmetall Military Industries is also the first local private company in Argentina to be nationalized, and it is the most R\u0026D-capable and internationally competitive private military group company.
Moreover, through a large number of military sales, Rheindmetall Military Industries' business crisis has eased, but it fell before dawn.
Of course, after nationalization, Rheindmetall Military Industries will at least have no worries about food and drink.
With the orders from the Ministry of Defense, it will be able to survive well, but this Rheindmetall Military Industries will have nothing to do with Saint-Hose in the future.
A large number of German designers belonging to Rheindmetall Military Industries still choose to join the newly established Cohen Heavy Industries, while most of the Argentine local employees who have been trained mostly join the old Rheindmetall Military Industries.
German designers choose to come to Blanca City to live. Blanca City has enough factory buildings, and Cohen Heavy Industries can start again.
As for the choice of employees, Saint-Hose didn't say much. It's good to get together and break up.
It took a lot of effort to train these local designers, which made him a little chilly, but that's it.
What made him feel most ridiculous was that a group of factory leaders sold themselves for a good price. Not touching them now does not mean not touching them in the future.
This nationalization incident of Rheindmetall Military Industries also reminded Saint-Hose.
Don't lend money and give too much credit at will, and bad debts are easy to become more.
It seems that the Argentine government in later generations often defaults on debts has a source. This time, supporting Eduardo's coup, things turned into this degree.
It is also because too much weapons inventory was sold, and they could not afford the money, so they could only default on the debt, and even go all the way and directly nationalize it.
A very important reason for this nationalization is that Horst, the head of Rheindmetall Military Industries, is far away in Germany and has not returned to his headquarters for a long time.
He was taken advantage of.
Saint-Hose didn't have time to respond.
The impact of this nationalization is very bad.
Trying to draw a tiger but ending up with a dog.
It is much worse than the original Peron era's practice of acquiring foreign companies with real money and silver for nationalization.
Many factories began to move out of the capital.
This has caused the economy of Buenos Aires to decline a lot.
......
Simple reflection is meaningless, and the new provincial government building in Blanca City is almost completed.
Might makes right.
This means that La Pampa Province can also form an army.
In the past, La Pampa Province was too poor and had too few people. The army was only at the level of ordinary militia.
It is impossible for Saint-Hose to give up the military industry.
Learn from the lessons and then take back what was lost.
This is what he wants to do. Now he still needs to continue to expand the strength of La Pampa Province.
The number of armed police in the Blanca City Police Department has reached 800, and the number of ordinary police has also reached 2,500, and they are equipped with submachine guns and pistols.
Saint-Hose secretly retained some core drawings and designs. Anyway, the three-piece explosive models have also entered the end of their life cycle.
And a bullpup assault small-caliber rifle, named Storm 3 assault rifle, uses 5.56mm rifle bullets, is a light automatic rifle, light in weight, easy to control, and can continue to fire.
For Saint-Hose, it is now easier to rebuild Cohen Heavy Industries.
Except for a small number of people, most of the backbones are still willing to join the new Cohen Heavy Industries.
As for the workers, Saint-Hose helps them provide new employment channels, such as joining Philip Industries, Cohen Heavy Industries Auto Parts Company and other mechanical factories.
Especially the acquired German Auto Union company, Saint-Hose almost thought he was wrong when he saw Audi's four-ring logo.
Horst took down the famous Audi's predecessor, the German Auto Union company, a parts factory with more than 10,000 workers. Although they only turned a profit last year, with a profit of 400,000 marks, Saint-Hose instantly felt that the 5.2 million US dollars was well spent.
Horst took advantage of the German post-war general strike and promised high wages.
The parts problem of Leidun Motors will be completely solved.
February 3, rebuild Cohen Heavy Industries.
February 10, the number of workers in Cohen Heavy Industries in Blanca City exceeded 2,000, and a new production line began to be established.
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