{"id":41009,"date":"2015-09-21T20:01:45","date_gmt":"2015-09-21T20:01:45","guid":{"rendered":"https:\/\/one.sightlinemg.com\/defensenews\/uncategorized\/2015\/09\/21\/romanian-government-to-overhaul-defense-industry-buy-new-weapons\/"},"modified":"2026-08-07T23:18:26","modified_gmt":"2026-08-07T23:18:26","slug":"romanian-government-to-overhaul-defense-industry-buy-new-weapons","status":"publish","type":"post","link":"https:\/\/one.sightlinemg.com\/defensenews\/congress\/budget\/2015\/09\/21\/romanian-government-to-overhaul-defense-industry-buy-new-weapons\/","title":{"rendered":"Romanian Government To Overhaul Defense Industry, Buy New Weapons"},"content":{"rendered":"\n<p>WARSAW \u2014 Romania\u2019s government is planning to use a national emergency procedure to allocate extra funds from the state budget to the country\u2019s defense industry<span class=\"rte rte-comment\">,<\/span> and support the production of new weapons for the Romanian military, local business news site Profit.ro reports.<\/p>\n\n\n\n<p>According to a draft government document obtained by the news site, the move is caused by the need to modernize the Romanian military as a result of the rising insecurity in <span class=\"rte rte-comment\">the country\u2019s neighborhood<\/span>\u00a0neighboring Ukraine, which has been struggling against Russia-backed insurgents,\u00a0and the &#8220;regional geopolitical context.&#8221;\u00a0<span class=\"rte rte-comment\">Romania shares a border with Ukraine which has been struggling against Russia-backed insurgents in the country\u2019s eastern part.<\/span><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&#8220;A lack of &#8230;\u00a0financing to investment programs by the defense industry could significantly injure the basic interests and security of the Romanian state,&#8221; the document says.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The new funds are to allow local defense companies to supply armored vehicles, air defense missiles, artillery systems, explosives, personal weapons and other gear for the Romanian military.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">To ensure that the European Union does not treat the transfer of funds as illegal state aid, Bucharest is foreseeing a special procedure to allocate the money to the defense industry.<\/p>\n\n\n\n<p>In 2014, the Romanian government decided to scrap 1.1 billion lei (US $281 million) <span class=\"rte rte-comment\">of <\/span>in debts owed by 15 state-run defense companies to overhaul their finances.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>WARSAW \u2014 Romania\u2019s government is planning to use a national emergency procedure to allocate extra funds from the state budget to the country\u2019s defense industry, and support the production of new weapons for the Romanian military, reports local 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