Romania has tested thermobaric piercing ammunition, a product it is ready to manufacture for the Ministry of National Defense at the Plopeni Mechanical Plant, informs the Ministry of Economy, on its Facebook page."Today, at the Plopeni Mechanical Plant, we participated in the testing of the thermobaric piercing blast for AG-9 grenade launcher, for the homologation of the industrial prototype. This stage is part of the implementation of the manufacturing project, at industrial level, of thermobaric piercing ammunition for AG-9 grenade launcher, through the technological transfer from the Scientific Research Center for CBRN Defense and Ecology, at CN ROMARM SA," said Minister Spataru."A product of strategic importance and with a high market potential was tested at Plopeni, southern Prahova County. At present, thermobaric munitions are made by a small number of world producers, and those from the proposed configuration will be developed within the "thermobaric piercing " project is not currently in mass production or on the export list of the largest arms manufacturers in the world," Spataru added.The thermobaric piercing blast for AG-9 grenade launcher is an ammunition with combined shrapnel and blast effect, with the ability to pierce concrete, brick, earth waves and armored targets.The ammunition was developed in 2019, at the experimental model level, within the Military Equipment and Technologies Research Agency within the Ministry of National Defense, as was later on taken over for manufacturing in the defense industry, based on a technology transfer project funded by Executive Agency for Higher Education, Research, Development and Innovation Funding (UEFISCDI) and Romarm SA.
Romanian prime minister Marcel Ciolacu recently stated during an interview that foreign minister Emil Hureaznu will be replaced if he continues to send messages to private individuals, such as those addressed to Elon Musk, without consulting him. The warning comes after Emil Hurezeanu stated on Saturday, February 22, that Elon Musk’s support for Călin Georgescu […]
Romanian state-controlled gas producer Romgaz (BVB: SNG) reported a net profit of RON 3.22 bln (EUR 647 mln) in 2024, up 14.5% compared with the previous year. The company’s revenues went down by 11.9% to RON 7.93 bln (EUR 1.6 bln) because of lower...
The Romanian Parliament rejected the no-confidence motion initiated by far-right parties AUR, SOS Romania, and POT against the government led by Social Democrat prime minister Marcel Ciolacu. The motion received 147 votes in favor and one against during the lawmakers' meeting on Friday, February 28 - a figure lower than the 155 signatures with which […]
Nuclearelectrica (BVB: SNN), the company that operates Romania’s only nuclear power plant – Cernavoda, reported a net profit of RON 1.7 bln (EUR 343 mln) in 2024, down 31% compared with the previous year. The company recorded 37.6% lower revenues from electricity sales due to lower average...
In his first press conference since becoming interim president, held on Friday, February 28, Ilie Bolojan said that discussing peacekeeping troops in Ukraine is premature, since no peace agreement was reached. He also discussed increasing Romania’s defense spending, the relationship with the United States, and the reconstruction of Ukraine. The press conference was organised after Ilie […]
Investment company Solida Capital Europe entered the Romanian real estate market with the acquisition of the Victoria Center office building from Manova Partners, formerly Macquarie Group. The purchase price has not been disclosed. Victoria Center has a landmark position on Calea Victoriei, in the heart of Bucharest’s CBD. It offers roughly 8,600 square meters of […]
