German construction, defence firms rise on debt brake, infrastructure deal

Bilfinger SE

05/03/2025 07:24

** Shares in German construction firms and arms makers rise in early trade after German spending deal

** The parties hoping to form Germany's next government on Tuesday agreed to create a 500 billion euro ($530 billion) infrastructure fund and loosen fiscal rules to boost defence spending and revitalise growth

** Heidelberg Materials HEIG.DE, the world's second-largest cement maker, is seen rising 6% in early trade

** Industrial services provider Bilfinger GBFG.DE and construction group Hochtief HOTG.DE both jump 10% in early trade

** Defence names Rheinmetall RHMG.DE, Renk R3NK.DE, Hensoldt HAGG.DE are up between 2% and 10% in early trade

($1 = 0.9409 euros)

 (Reporting by Paolo Laudani)

 ((Paolo.laudani@thomsonreuters.com))