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[BUSINESS] · Romania · 3 sources

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Uzina Mecanică Cugir signs contract for NATO ammunition production machinery

Uzina Mecanică Cugir, a subsidiary of the national company ROMARM, has signed a contract to supply specialized machinery for a new 12.7x99 mm ammunition production line. This move is part of a broader strategic program to modernize industrial infrastructure, increase production capacity, and diversify the range of ammunition to meet NATO standards.

The total approved investment for the 12.7x99 mm ammunition project is approximately 409.688 million lei (roughly 82.43 million euros), including VAT. The acquisition of the specific machinery required for the new production line is estimated at 275.9 million lei excluding VAT. The project is scheduled to be completed over a 36-month period, with funding provided by the state budget through the relevant ministry, the factory's own resources, and other legal sources.

Entities

Romarm · Uzina Mecanică Cugir