Romania signs €900mn contract for Piranha armoured vehicles

Romania signs €900mn contract for Piranha armoured vehicles
Piranha IIIC 8x8 RAP vehicle used by the Swiss army. / Kecko
By bne IntelliNews January 15, 2018

Romania’s government on January 12 signed a €900mn contract to buy 227 Piranha 8x8 armoured fighting vehicles (AFVs) from US producer General Dynamic, partly assembled at Uzina Mecanica Bucuresti in Romania.

In total, Romania has approved the acquisition of 657 armoured vehicles in the medium term, under the military acquisition strategy endorsed in August by the parliament.

In 2018, 36 vehicles will be delivered under the contract, out of which six will be assembled in Romania. The rest of the vehicles will be delivered by 2021 and assembled in Romania.  

At the same time, Romania is involved in negotiations with Rheinmetall on the local production of Agils 8x8 amphibious armoured vehicles. The German armoured vehicles producer and the local manufacturing company in Moreni have already formed a joint venture.

Romania also signed in December a contract with Italian group Iveco for the purchase of 173 6x6 military trucks. The trucks will be delivered this year. In 2015, the Italian producer delivered 57 vehicles including 6x6 trucks.

Related Articles

Moldova’s largest lender maib puts Bucharest exchange listing on hold

The largest bank in Moldova, Moldova Agroind Bank (main), announced it is postponing its plan to list on the Bucharest Stock Exchange (BVB) because certain provisions in Moldovan legislation make the ... more

Romania’s leading financial group Banca Transilvania reportedly takes over BRD Pensii

Banca Transilvania, the leading financial group in Romania by assets, has reportedly reached the stage of agreeing technical and legal details for the takeover of BRD Pensii division from BRD-SocGen, ... more

Romania’s leading lender Banca Transilvania takes over OTP Bank’s subsidiary

Romania’s largest financial group by assets, Banca Transilvania (BVB: TLV), announced that it had signed a contract ... more

Dismiss