Rheinmetall, MSC acquire Romanian Mangalia shipyard for $155M to build naval vessels
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Romania's Ministry of Economy proposes restructuring state-owned defense company ROMARM into an integrated industrial holding, grouping activities by specialized domains and introducing dual leadership to depoliticize management. The reform is slated to begin in 2027 and span four years, per a strategic document launched by interim Minister Irineu Darău. This signals a shift toward modernizing Romania's defense industrial base, though details on funding and scope remain unclear.
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