Ooni Koda
  1. Home
  2. /
  3. Newsfeed
  4. /
  5. Cugir Arms Factory Upgraded with $82M to Boost...

Cugir Arms Factory Upgraded with $82M to Boost NATO Ammo Output

December 23, 2024

The authorities plan to modernize the arms factory in Cugir, Alba County, following investments of 410 million lei. The modernization aims to increase production capacity, but also diversify the manufacturing range of NATO ammunition of 12.7×99 mm caliber, according to a draft Government Decision, put into public debate at the Ministry of Economy. “Currently, a significant deficiency is noted in the sphere of ammunition production at the Cugir Mechanical Plant: most of the equipment used for ammunition production has reached an advanced stage of its operating life. This situation not only implies a technological gap in relation to contemporary international standards, but also possible risks associated with the integrity of the production process and the quality of finished products,” states the Explanatory Note of the draft normative act.

The text of this article has been partially taken from the publication:
http://actmedia.eu/companies/cugir-arms-factory-upgraded-with-82m-to-boost-nato-ammo-output/111514
Read in full - click here
Romanian cheeses win three gold medals at Concours International de Lyon 2025

Romanian producers from Timiș and Tulcea claimed three gold medals at the 2025 edition of the Concours International de Lyon, one of Europe’s leading cheese and dairy competitions. Held in Lyon, the event brought together products from 15 countries and awarded a total of 680 medals, including 459 gold and 221 silver. From Romania, Asociația […]

2026 World Cup draw sets Romania’s possible group against the US, Paraguay and Australia

Romania’s national team learned its potential group-stage opponents for the 2026 FIFA World Cup on Friday, December 5, during the official draw held at the John F. Kennedy Center for the Performing Arts in Washington, D.C. The winner of the UEFA play-off path that includes Romania will join Group D, alongside the United States, Paraguay, […]

Romanian president Nicuşor Dan to meet Emmanuel Macron during visit to France

Romanian president Nicuşor Dan is paying an official visit to France on Monday and Tuesday, with a schedule that includes meetings with French leader Emmanuel Macron, Paris mayor Anne Hidalgo, and members of the Romanian community,

How Bucharest residents in each district voted in the mayoral elections

The December 7 elections in Bucharest marked the lowest turnout in the last decade, but were also a major win for the National Liberal Party (PNL) since its candidate, Ciprian Ciucu, won a majority of votes in 5 of the 6 districts of the capital.  In District 1, Ciprian Ciucu obtained 40.29% of the votes. […]

Profit share in Romania drops to 48.1% in 2024 but remains among highest in Europe

Romania’s profit share, defined as the proportion of value added distributed by non-financial corporations to capital rather than labour, fell for the second consecutive year to 48.1% in 2024, Eurostat reported on December 7. The ratio was 40.0% on average in the European Union, with below-average ratios in more developed countries such as France (32.2%) […]

Romania's High Court refers magistrates' pensions law to Constitutional Court

The pension law "brutally violates the independence of the judiciary" and "de facto eliminates the service pension for magistrates," according to the reasoning published by the High Court (ICCJ) along with its decision to refer the magistrates' pensions law to the Constitutional Court, Ziarul Financiar reported. ...