Why Romania is a magnet for the Armoured Vehicle Industry in Europe
Romania has been increasing defence spending with the objective of reaching 2 percent by 2017. The country increased its defence budget to $2.9 billion in 2016.
Expenditure will be focused not just on armed forces modernisation but also peacekeeping missions, joint operations and border control measures. Read more about Why Romania is a magnet for the Armoured Vehicle Industry in Europe here.
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