Romtehnica Launched A Tender To Buy Short-Range Missile Systems

Romtehnica Launched A Tender To Buy Short-Range Missile Systems
Romtehnica Launched A Tender To Buy Short-Range Missile Systems

Romtehnica, a company in Romania had launched a tender to buy short-range missile systems under a contract estimated at RON 9.5 billion (EUR 1.9 billion)

The payments would be deposited gradually over five years and the producer will provide a two-year guarantee period.

The largest global military equipment suppliers have already expressed their interest and are expected to place offers, according to Economica.net.

In March 2022, Romanian President Klaus Iohannis announced that Romania needs to increase defense spending to 2.5% of the GDP from 2% following the Russian invasion of Ukraine. 

In 2023, Romania spent at least 3 billion Euros on military equipment in anticipation of what nobody knows yet. 

It could be a good investment in the future to prevent chaos during war or lack of resources. The Ukrainian president had to go from country to country to beg for help. The war is still going on. 

Ukraine has been bracing for an increase in Russian attacks on critical infrastructure – particularly energy facilities – as subzero temperatures set in.