3.8 C
December 5, 2022

PM Orban: Program to renew the Army’s equipment must generate a re-launch of the Romanian defence industry

The program to renew the Army’s equipment must generate a relaunch of the Romanian defence industry, both through domestic companies, as well as through partner companies, said on Tuesday Prime Minister Ludovic Orban, in Petresti (Dambovita county), where he participated in the presentation of the project of IVECO company to build a truck assembly plant.

“Today works are officially inaugurated to accomplish an investment in a production capacity in Romania, an investment that’s worth approximately 50 million euro, investment which will create in the first stage 200 direct jobs in this production capacity, but, at the same time, through all the contracts with the local suppliers it will generate economic dynamic, additional jobs. (…) This investment is done as part of the offset related to the contract to outfit the Romanian Army with vehicles produced by IVECO Defence. I must say once more what the policy of the Government I run is – the capitalization of the program to outfit the Army, a 10-year program (…) to develop defensive capabilities, to increase the capacity of the Romanian Army to face any challenge. The outfitting program must generate a relaunch of defence production in Romania, both through local companies, as well as partner companies as part of this Army outfitting program,” said Ludovic Orban, according to Agerpres.

He recalled that as part of the Army’s outfitting program there was already the signing of an important contract at the Avioane Craiova plant, worth 57 million euro for the modernization of the Romanian-made IAR-99 “Hawk” plane.

The Prime Minister saluted the decision of the IVECO company to establish itself as a regional center in Romania, in Bucharest, to practically “establish” their headquarters for Central and Eastern Europe in our country.

Orban also emphasized the “remarkable economic collaboration” between Italy and Romania.

The head of the Executive is accompanied on his work trip that he is conducting in Dambovita by Virgil Popescu, Economy Minister, Nicolae Ciuca, Defence Minister, and Lucian Bode, Transport Minister.

Related posts

Salary earning, slightly up in February

Nine O' Clock

Jens Stoltenberg in Bucharest: NATO foreign ministers will address ways to step up support for Ukraine. We cannot let Putin win


Swear-in ceremony of the new Chief of Defence Staff Daniel Petrescu. President Iohannis says 2 pct of the GDP defence spending should ensure better training for the military