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Uzina Mecanica Bucharest

The conflict in Ukraine and the one in the Middle East forced the states and companies in the defense industry to adapt their strategies and invest massively in the development of new technologies and military capabilities.

The armaments industry - the new attraction for companies and investment funds

• Evolution of the romanian defense industry in the context of the new arms race

General Dynamics delivered 47 Piranha 5 transporters to MapN, out of the 133 provided for in the second phase of the contract

Reporter: What is the status of the Piranha 5 program developed in partnership with Uzina Mecanică Bucharest? Does it maintain the same sustained pace as in the last two years?

Failure at Moreni, success at Mediaş: Rheinmetall enters the Romanian defense industry market

The German arms manufacturer Rheinmetall announced last Thursday that it has taken over 72.5% of the shares of the Romanian vehicle manufacturer Automecanica Mediaş, without specifying the value of the transaction. The announcement of the German...

Spontaneous protest at the Făgăraş Powder Factory, due to insufficient budget allocation

The employees of the Făgăraş Powder Factory, the only manufacturer of high-power explosives and solid propellants in Romania, spontaneously protested yesterday, accusing this year's poor budget allocation, according to Radio Mureş. We mention...

The Central Depository has unlocked 225,310 shares of the Proprietatea Fund owned by the Romanian state

The Central Depository has made available 225,310 shares issued by the Proprietatea Fund (FP), which were owned by the Romanian state through the Ministry of Finance, according to a report sent to the Bucharest Stock Exchange.

FOR THE SHARES SUBSCRIBED BUT NOT PAID INIalomiţianu: The state will not bring in additional funds to the Proprietatea Fund

It was never the intention of the state to increase the portfolio of the Proprietatea Fund (FP) or to increase its share capital, the minister of Finance, Gheorghe Ialomiţianu said yesterday.