RUAG Holding is a Swiss company specialising in aerospace engineering and the defense industry. Its headquarters are located in Bern, while it also has numerous production sites in Switzerland , Germany , Sweden , Hungary , Austria and United States , and sales companies in Australia, UK, France, Belgium, Brazil and Malaysia.
During the 1990s, the government of Switzerland decided that the nation's military enterprises needed to be restructured, a view which led to the passing of the Federal Act on Federal Armaments Companies in 1997. In accordance with this act, a new entity, known as RUAG Switzerland Ltd, was established to bring together four former state-run enterprises: SE Schweizerische Elektronikunternehmung AG, SF Schweizerische Unternehmung für Flugzeuge und Systeme AG, SM Schweizerische Munitionsunternehmung AG, and SW Schweizerische Unternehmung für Waffensysteme AG. Prior to this merger, these companies were comprehensively restructured with the intention of making them competitive commercial enterprises. RUAG formally commenced operations on 1 January 1999.
Source: Wikipedia.org
Copyright: Creative Commons 3.0
Discover the most beautiful and popular trails in the area, carefully bundled into appropriate selections.
Source: Julian Herzog
Copyright: Creative Commons 4.0
Discover the most beautiful and popular attractions in the area, carefully bundled in appropriate selections.
Source: Julian Herzog
Copyright: Creative Commons 4.0
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