Ooni Koda
  1. Home
  2. /
  3. Newsfeed
  4. /
  5. Ministry of Defence asks Parliament for initial approval...

Ministry of Defence asks Parliament for initial approval on acquisition of 200 Patriot missiles

January 10, 2024

  The joint standing bureaus of the Parliament took note, on Monday, of the request of the Ministry of National Defence for the initiation, through the General Directorate for Armaments, of the procedure for the purchase of 200 PAC-2 GEM-T missiles for Patriot surface-to-air missile systems."In the context of the security crisis in the region, for the operationalisation and strengthening of the ground-based air defence capability related to the essential endowment programme 'High-range surface-to-air missile system (HSAM)'/PATRIOT provided for by Law no. 222/2017, in addition to the number of missiles related to the two stages of the PATRIOT programme, it is necessary to partially supplement the combat stocks with 200 PAC-2 GEM-T missiles, which will be purchased through the NATO Support and Procurement Agency/NSPA), using the ESSI initiative (European SKy Shield Initiative) led by Germany," reads the MApN request addressed to the leadership of the Parliament.According to this document, the purchase will be made by NSPA by awarding a contract to the COMLOG/Germany Company, for the manufacture of missiles, and through an FMS (Foreign Military Sales) type LOA (Letter of Offer and Acceptance) agreement with the US Government, for the approval of the missiles manufactured in Europe."According to what was communicated by the NSPA representatives, the maximum unit price is around EUR 5,444,750, without VAT, and the estimated total cost for the entire missile package is EUR 1,088,950,000 without VAT (includes spare parts, related services and FMS costs) and will be precisely established after the initiation of the procedures for awarding the purchase contract. The initial advance, of approximately 35% of the estimated total value of the entire package must be paid in 2023 or the first quarter of 2024," shows the document sent to the specialized committees, which will later be submitted to the approval of the plenum of the Parliament.The increase of the MApN budget, starting in 2023, to 2.5% of GDP, ensured the conditions for the initiation of purchases strictly necessary for the acceleration of the modernisation of the Romanian Army, it is mentioned in the request.   

Read in full - click here
NN is Top Employer for the seventh consecutive year in Romania, driven by its people strategy focused on flexibility, wellbeing and continuous personal and professional development

NN, the leader of the life insurance and private pensions market in Romania, received the Top Employer 2025 certification for the seventh consecutive year. NN ranks second among top employers in Romania, up from fourth place last year as a result of its solid people-centric HR strategy, and NN Group ranks seventh in Europe based […]

Calvin Klein Returns to New York Fashion Week

Calvin Klein Inc. today announces its return to the official NYFW calendar to present Veronica Leoni’s debut Calvin Klein Collection for Fall/Winter 2025.   It will be an intimate showing of both women’s and men’s looks and will take place at 12:00 PM on February 7, 2025. “Calvin Klein is thrilled to return to the global stage […]

Romanian executive under fire for changes in electoral rules targeting social media platforms and diaspora

Ten non-governmental organizations in Romania have issued a joint letter criticizing the executive for the emergency ordinance adopted on Thursday, January 16, which provides sanctions, including a turnover tax, for social media giants that fail to obey rules regarding electoral ads. Another government measure under fire from the opposition limits voting in the diaspora according […]

Romanian carmaker Dacia plans to launch several electric models

Dacia, part of the French Renault group, will launch several electric models to compete with Chinese brands for the affordable EV car market in Europe. The first electric model will be the next Sandero, which will appear sometime at the end of 2027, the brand's director, Denis Le Vot, said on Thursday, according to Reuters. […]

Romanian film review – Start the year with Fellini and Be My Cat: A Film for Anne

Happy 2025, dear Insiders, may it be a good year! And let it start with classics, some universal, some underground. Italian director Federico Fellini is one of the biggest names in the history of the medium. To say he was very influential is an understatement. He has his own adjective (Fellini-esque) while scenes from his […]

Romanian airline Tarom sets up maintenance and repair services company

Romanian national airline Tarom announced the establishment of a new company, Tarom Tehnic, dedicated to providing maintenance and repair services for civilian aircraft, specializing in Boeing, Airbus, and ATR models. The new company is expected to generate revenues of up to EUR 10 million in its first year of operation, according to estimates from the […]