This time, the Rennes Tank Arsenal, Flats Small Arms Factory, and Rennes Artillery Factory under Rennes Military Industry were all nationalized. The equipment and inventory of weapons and ammunition were priced at 1.5 billion pesos, and were 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, maybe even less than that.
Last year, Rennes Military Industry alone introduced more than this amount of funds from Italy. The technology transfer price of the Italian military factory signed by Horst 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 researched by Rennes Military Industry exceeded 15 million US dollars, which really caused Saint Hesse to suffer heavy losses.
Moreover, the various weapons in stock are worth more than 8 million US dollars, and a lot of them have been sold.
The rocket launchers, RPG anti-tank weapons, new-generation assault rifles, Italian pistol projects, second-generation main battle tanks, and naval gun modification projects that Saint Jose had high hopes for all came to nothing.
On February 2, the equipment drawings of the six major Rennes military factories were immediately sealed, as well as the inventory of guns and ammunition, and molds and machine tools.
The military directly sent a division to the factory and implemented military control.
In addition to key management personnel, more than 8,000 workers in these six factories have been temporarily sent home to wait for notification of resumption of work.
Research engineers from several design institutes in Rennes are waiting to be diverted.
Some of the new factories owned by Rennes Military Industry were preserved, such as the Rennes Auto Parts Factory and the Rennes Bicycle Factory, which somewhat saved St. Jose's face.
Of course, the Rennes Military Industry Branch in Blanca City is an exception. Saint-Jesse asked Rennes Military Industry in Blanca City to change its name, split the equity, and become directly independent as the New Cohen Heavy Industry Company, and transferred some important design office personnel.
This is the first time that Saint Jose has witnessed what is called nationalization reform with Latin American characteristics.
Isn't this what is called legal robbery?
Although the nature of the Rennes military industry is indeed a bit different, it belongs to the military manufacturing industry, which is different from the Argentine military aircraft factory and the Buenos Aires small arms factory.
Rennes Military Industry now has two most valuable things, the core engineer design team and various precision processing equipment.
The salaries of engineers are very high, and the employees of several large factories in Rennes Military Industry have to be laid off and diverted. To these warlords, what are designers and engineers, and can they make a living?
This is probably why Argentina’s tanks, jet fighters, firearms design, and warship manufacturing have not developed successfully.
People in the military are a little short-sighted about these and prefer to see immediate benefits.
It cannot be like the US military-industrial complex, the Soviet military-industrial complex, or the military-civilian integration development of New China.
Rennes Military Industry is also the first local private company in Argentina to be nationalized, and it is the private military group company with the best research and development level and the most internationally competitiveness.
Moreover, through large-scale arms sales, the business crisis of Rennes Military Industry has been alleviated, but she fell before dawn.
Of course, after nationalization, Rennes Military Industry will at least have food and drink.
With orders from the Ministry of National Defense, we can survive well, but this Rennes military industry will have nothing to do with St. Jose in the future.
A large number of German designers belonging to Rennes Military Industry still chose to join the newly established Cohen Heavy Industry, while most of the local Argentinian employees trained joined the old Rennes Military Industry.
German designers chose to live in Blanca City. There are enough factories in Blanca City, and Cohen Heavy Industry can start again.
As for the employees' choices, Saint-Jesse didn't say much, just get together and part ways.
Just cultivating these local designers was still a waste of effort, which made him a little disappointed, but that was it.
What makes him feel most ridiculous is that a group of factory managers have sold themselves at a good price. If they are not touched now, it does not mean that they will not be touched in the future.
The nationalization of the Rennes military industry also served as a reminder to St. Jose.
Don't lend money or borrow too much on credit, otherwise bad debts will easily increase.
It seems that later generations of Argentine governments often defaulted on their debts. This time they supported Eduardo's coup, and things turned to this extent.
There is also too much weapons inventory for sale, and they can no longer afford to pay back the money, so they can only default on the debt, or even go straight to nationalization without stopping.
A very important reason for this nationalization is that Horst, the head of Rennes Military Industry, is far away in Germany and has not returned to his post at the headquarters for a long time.
Got taken advantage of.
Saint Hesse didn't have time to respond.
The impact of this nationalization was very bad.
Painting a tiger cannot be compared to a dog.
It is much worse than the original method of nationalizing foreign companies with real money in the Bilong era.
Many factories began to move out of the capital.
This caused the economy of Buenos Aires to decline a lot.
…
Simple reflection is meaningless, and the new provincial capital building in Blanca City is almost completed.
The big fist is the truth.
This means that the province of La Pampa can also form an army.
In the past, La Pampa Province was too poor and had few people. The army was at the level of ordinary militiamen.
It is impossible for Saint Jose to give up the military industry.
Learn your lesson and get back what you lost.
This is what he wants to do, and he still needs to continue to expand the strength of La Pampa Province.
The police department in Blanca City already has 800 armed police officers and 2,500 ordinary police officers, equipped with submachine guns and pistols.
Some core drawings and design drafts are kept secretly. Anyway, the popular three-piece set has entered the end of its life cycle.
A bullpup-type assault-type small-caliber rifle, named the Storm 3 assault rifle, uses 5.56 mm rifle ammunition. It is a lightweight automatic rifle that is light in weight, easy to control, and can shoot continuously.
For St. Hesse, rebuilding Cohn Heavy Industries can now go more smoothly.
Except for a few people, most of the backbone are still willing to join the new Cohen Heavy Industry.
As for workers, San Jose provides them with new employment channels, such as joining Philip Industries, Cohen Heavy Industries Auto Parts Company and other machinery factories.
Especially the acquired German Automobile Alliance company. When Saint-Jesse saw Audi's four-ring logo, he almost thought he had seen it wrong.
Horst took over the predecessor of the famous Audi car, the German Automobile Alliance, 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 Hesse suddenly felt that this 5.2 million Well worth the dollars spent.
Horst took advantage of Germany's postwar general strike and promised high wages.
The parts problem of Thunder Shield Automobile will be completely solved.
On February 3, Cohen Heavy Industries was rebuilt.
On February 10, the number of workers at Cohen Heavy Industry in Blanca City exceeded 2,000, and a new production line began to be established.
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