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The Future of the Romanian Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2018 offers the reader an insight into the market opportunities and entry strategies adopted by foreign original equipment manufacturers (OEMs) to gain a market share in the Romanian defense industry.
What is the current market landscape and what is changing?
Romanian defense expenditure increased at a CAGR of -6.59% during the review period and values US$1.7 billion in 2013. The focus of the Romanian government will be on modernization plans constituting the procurement of more advanced military equipment with improved technology; active participation in NATO (North Atlantic Treaty Organization) along with joint operations with other countries; participation in peacekeeping missions; and participation in border security measures.