Romania's Ministry of National Defence, through CN Romtehnica SA, and the Israeli company Rafael Advanced Defense Systems, signed a framework agreement for the acquisition of SHORAD-VSHORAD anti-aircraft systems, in a deal worth RON 10.33 billion (around €2 billion).
The Romanian Ministry of Energy has initiated a draft government decision to place all local entities owned by the Russian group Lukoil under extended supervision.
Electro-Alfa International has raised approximately 580 million RON (€115 million) for around 66 million newly issued shares, equivalent to a 35% free-float, following its initial public offering (IPO) on the Bucharest Stock Exchange (BVB).
Hanwha Aerospace Romania has begun construction of a factory in Petrești, Dâmbovița county, to produce K9 self-propelled howitzers and K10 ammunition resupply vehicles.