The German SIG Sauer branch is expected to end its operations this year
BERLIN, (BM) – The German branch of the famous weapon manufacturer SIG Sauer is expected to end its operations this year, learned BulgarianMilitary.com citing Defence24.pl.
Read more: Top 5 best assault rifles in the world
The company will therefore have to close its factories located at Germany. Such a radical business decision is to be dictated by increasing restrictions in the field of sporting weapons and the civilian market in Germany, but also by the possible preference of other brands of weapons when supplying German police formations and the army.
SIG Sauer is to close the factory in Eckernförde in the Land of Schleswig-Holstein by the end of the year, which history dates back to the 1950s. The company will eventually have to dismiss approx. 125 employees, as well as act properly within the entire holding company to which it belongs, to complete existing production plans.
According to the information presented by NDR, the key problem for SIG Sauer’s operation on the German market was to be the issue of systematically bypassing their weapons in tenders in Germany. This attitude was to be associated with the fact of SIG Sauer’s activities on international markets.
Thus, the branch noted financial problems and had to be supported by shareholders. Sig Sauer Inc., located in Newington, in the US state of New Hampshire, may become the beneficiary of the decision. It should be remembered that SIG Sauer is doing very well on the market in the United States, both in the context of civil and sports trading, as well as contracts with institutional customers.
It is worth recalling deliveries of over 420 thousand M17 and M18 pistols (militarized SIG P320 variants) selected in January 2017 in the XM17 Modular Handgun System program.
In addition, the company also operates in Switzerland. Interestingly, the Eckernförde factory itself has recently been modernized.
DW informs that a big image blow on the German market for SIG Sauer was to be the case of prosecutors examining the issue of exporting this brand’s weapons to Columbia and Mexico.
Especially the German left pressed for clarification of all aspects related to arms transfers, without the approval of the Berlin authorities.
Read more: Top 5 best pistols in the world
Follow us everywhere and at any time. BulgarianMilitary.com has responsive design and you can open the page from any computer, mobile devices or web browsers. For more up-to-date news from us, follow our YouTube, Reddit, LinkedIn, Twitter and Facebook pages. Do not miss the chance to subscribe to our newsletter. Subscribe and read our stories in News360App in AppStore or GooglePlay or in FeedlyApp in AppStore or GooglePlay
Subscribe to Google News