WATCH BACK ON DEMAND
ADS and Department for International Trade will be hosting a free webinar on doing defence and security business with Romania.
Romania’s official Defence Budget for 2022 stands at c.US$6bn, which represents a 11.9% real terms increase on the figure for 2021 and 2.5% of GDP, with plans for it to reach c.US$7.6bn in 2023. The recent increase in capital expenditure, which began in 2017 when the ambitious Defence Modernisation Plans were launched, has also persisted, with some US$2bn to be spent on procurement during 2022, with official projections indicating that it could reach c.US$3.25bn by 2025.
Amongst identified requirements are:
- Main battle tanks
- Armoured personnel carriers
- Infantry fighting vehicles
- Armoured 4x4 vehicles
- Artillery; small arms and light weapons
- Trucks/multi-role transport vehicles
- C4ISR equipment
- Attack helicopters; transport helicopters
- UAV and C-UAV systems
- Multi-role combat aircraft; advanced training aircraft
- Ground-based air defence systems of various types
- Frigates; corvettes; and mobile coastal defence systems
- Surveillance and covert surveillance
- Big data management solutions
- Cyber security; encryption
- Airport, prison and border security equipment
- CBRN equipment
- ColPro Systems
- CNI protection solutions
AGENDA
- 10:00 General house-keeping remarks
- 10:02 Welcome and introduction
- 10:15 An external overview of the Romanian defence market
- 10:20 The Romanian defence and security markets
- 10:25 Romania market update & the support available from the UK Embassy in Bucharest
- 10:45 Plans for the proposed event in Bucharest in June 2023
- 10:50 Open forum Q&A
- 11:00 Close
