Switzerland: Ruag is back in the black

Ruag Structures Oberpfaffenhofen (Photo: Ruag).
Ruag Structures Oberpfaffenhofen (Photo: Ruag).

Switzerland: Ruag is back in the black

Ruag Structures Oberpfaffenhofen (Photo: Ruag).
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The Swiss aviation and armaments group Ruag can announce black figures again after losses made in the 2020 financial year. In 2021, an EBIT equivalent to 67,8 million euros was achieved.

The year 2020 brought the group of companies a deficit of the equivalent of 217 million euros. "During these difficult times, we have become much more agile and faster and have been able to further intensify relationships with our most important customers and partners. This excellent result would not have been possible without their trust and the extraordinary team effort of all employees,” explains CEO André Wall.

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Editor of this article:

Amely Mizzi is Executive Assistant at Aviation Direct Malta in San Pawl il-Baħar. She previously worked in the Aircraft and Vessel Financing division at a banking group. She is considered a linguistic talent and speaks seven languages ​​fluently. She prefers to spend her free time in Austria on the ski slopes and in summer on Mediterranean beaches, practically on her doorstep in Gozo.
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Amely Mizzi is Executive Assistant at Aviation Direct Malta in San Pawl il-Baħar. She previously worked in the Aircraft and Vessel Financing division at a banking group. She is considered a linguistic talent and speaks seven languages ​​fluently. She prefers to spend her free time in Austria on the ski slopes and in summer on Mediterranean beaches, practically on her doorstep in Gozo.
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Nobody likes paywalls
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If you enjoyed this article, you can check Aviation.Direct voluntary for a cup of coffee Coffee trail (for them it's free to use).

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