2013-12-27 09:36:44 - New Defense research report from Business Monitor International is now available from Fast Market Research
BMI's view is that Romania is caught between two conflicting strategic aspirations. On the one hand, the country has joined NATO and wishes to become an active member of the Alliance. Allied to this is its progressively improving relationship with the United States. On the other hand, a lack of funding has slowed defence modernisation, leaving much of its Cold War-era equipment and procedures in place.
To address the structure and equipment standard of its armed forces, the country has embarked upon an impressive modernisation initiative. This includes the procurement of new platforms such as new combat aircraft, vehicles and ships. Yet available funding to procure such items has been lacking, and it remains unclear as to when this situation could
rectify itself in the future.
Full Report Details at
- www.fastmr.com/prod/754644_romania_defence_security_report_q1_20 ..
As at the time of writing (November 2013), Romania is preparing for parliamentary elections which are due on 9th December. Polls indicate that the ruling Social Democrat party, and its leader Prime Minister Victor Ponta will perform well. However, in recent months, the enthusiasm of the Romanian population for the European Union (EU) has waned: Much of the unpopularity maybe to do with the lack of performance of the Romanian economy and the prospect that the country may have to pay fines pertaining to an International Monetary Fund loan which it had secured.
Construction has commenced at the air base which will house the surface-to-air missile interceptors, a key part of the US-NATO European Phased Adaptive Approach ballistic missile defence initiative. The facility is being constructed at Deveselu airbase in southern Romania.
Finally, it was announced in October 2013 that Romania will move ahead with a purchase of twelve combat aircraft from Portugal via a Foreign Military Sale facilitated by the United States
Report Table of Contents:
BMI Industry View
- Romania Defence SWOT
- Romania Security SWOT
- Political SWOT
- Economic SWOT
- Business Environment SWOT
- Defence Expenditure
- Table: Romania's Defence Expenditure
- Armed Forces
- Table: Manpower Available For Military Service, 2010-2017 (aged 16-49 unless otherwise stated)
- Defence Trade
- Table: Romania - Economic Activity
Industry Risk Reward Ratings
- Europe Risk Reward Ratings
- Table: Europe Regional Security Ratings (scores out of 100, with 100 the best)
- Table: Europe State Vulnerability To Terrorism Index (scores out of 100, with 100 the best)
- Romania Risk Ratings
- Romania Defence Market Overview
- Armed Forces
- Weapons of Mass Destruction
- Domestic Defence Industries
- Romania Security Overview
- Domestic Threats
- Regional Threats
- International Threats
- EADS/Eurocopter Romania
- IAR SA Brasov
- MFA Mizil
- Europe Security Overview
Global Industry Overview
- Global Political Outlook
- Industry Forecast Methodology
- Sector-Specific Methodology
- Risk/Reward Rating Methodology
- Sector-Specific Methodology
- Table: Security Risk/Reward Ratings Indicators
- Table: Weighting Of Indicators
About Business Monitor International
Business Monitor International (BMI) offers a comprehensive range of products and services designed to help senior executives, analysts and researchers assess and better manage operating risks, and exploit business opportunities, across 175 markets. BMI offers three main areas of expertise: Country Risk BMI's country risk and macroeconomic forecast portfolio includes weekly financial market reports, monthly regional Monitors, and in-depth quarterly Business Forecast Reports. Industry Analysis BMI covers a total of 17 industry verticals through a portfolio of services, including in-depth quarterly Country Forecast Reports. View more research from Business Monitor International at www.fastmr.com/catalog/publishers.aspx?pubid=1010
About Fast Market Research
Fast Market Research is an online aggregator and distributor of market research and business information. We represent the world's top research publishers and analysts and provide quick and easy access to the best competitive intelligence available.
For more information about these or related research reports, please visit our website at www.fastmr.com
or call us at 1.800.844.8156.