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Romania invests in national defense

It will increase its expenditure in the sector to 2.5% of GDP

The government of Romania has increased investments in new technologies to modernize the state defense industry, as well as to increase the armament production capacity and the volume of exports. Just look at the income statements of the state-owned Romarm, which controls 15 companies in the sector: turnover has increased sixfold in the last nine months, going from 28.48 million dollars to 131.6 million."What...

Gic - 1248450

AVIONEWS - World Aeronautical Press Agency
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