Romania to Reorganize State Arms Maker Romarm into Integrated Holding

Interim Economy Minister Irineu Darău announced plans to reorganize Romarm SA and its 15 subsidiaries into an integrated industrial holding, with a decision expected by year-end. The move follows dissatisfaction with Romarm's current role as a contract mediator while subsidiaries lack orders, signaling a shift toward direct industrial management. This could affect Romania's defense industrial capacity and procurement timelines.