"Romania Defence & Security Report Q4 2012" is now available at Fast Market Research

2012-09-02 16:56:20 - Fast Market Research recommends "Romania Defence & Security Report Q4 2012" from Business Monitor International, now available

Romania stands in a strategically important position in Europe. The country is flanked by the former Soviet Union republics of Ukraine and Moldova. It also borders Hungary to the west, the former Yugoslavia to the south east and Bulgaria to the south west. In addition, Romania is now a member of NATO. This report examines the transition of Romania's defence posture as a former Warsaw Pact nation into an active participant in NATO. However, as the report will conclude, while Romania has aspirations to become a full and active NATO partner, the modernisation of the country's armed forces will be largely guided by the available funding that Bucharest has to invest in its armed forces.

Full Report Details at
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Romania is continuing its process of defence modernisation despite the financial challenges that the country is currently facing, as a result of the overall economic slump from the eurozone area. To this end, Romania is mid-way through its defence modernisation roadmap, which it expects to complete in circa 2015, although economic challenges could cause this date to be pushed back.

In order to complete the modernisation, a number of key procurement initiatives are planned, not least of which is the acquisition of new multirole combat aircraft to replace the ageing MiG-21A/B/C jets currently operated by the air force. A similarly important acquisition will be the purchase of new Surfaceto- Air Missiles (SAMs) to replace several antiquated Cold War-era systems, which remain in service with the army and air force. Although the new SAM systems have yet to be procured, the air defence of Romania has experienced some recent improvements with the activation of an Air Sovereignty Operations Centre (ASOC) to help defend the country's airspace, by integrating imagery delivered from military air surveillance and civil air traffic control radar systems. As regards other equipment, Romania will, in the future, need to launch the procurement of communications and battle management systems to equip its army-level brigade and above; although it has already made some important advances in terms of the revitalisation of its command and control capabilities via the implementation of the RIFS system (see below).

As far as the Romanian defence industry is concerned, a number of companies producing materiel continue to be involved in several domestic and international procurement initiatives. For example, Romanian companies will assist the development of a mobile ground control station for a forthcoming procurement of Unmanned Aerial Vehicles by NATO. Moreover, Romanian companies have been involved in the upgrade of military equipment for international customers, such as the Royal Air Force. For the short term, Romania is likely to continue on its path of modernisation, finances permitting, as it strives to become a full and active participant in NATO. Overseas deployments will continue although Romania, like several other NATO members stationed there, will begin to reduce its presence in Afghanistan from around 2014/2015. However, the financial constraints which Romania is experiencing mean that the country is performing its defence modernisation at a comparatively slow pace.

Report Table of Contents:

SWOT Analysis
- Romania Security SWOT
- Romania Defence Industry SWOT
- Romania Political SWOT
- Romania Economic SWOT
- Romania Business Environment SWOT
Global Political Outlook
- No Respite From Political Risks
- Global Flashpoints: Eurozone, Iran, Syria, Afghanistan, Korea
- Table: Election Timetable
- Wild Cards To Watch
Europe Security Overview
- The Strategic Outlook For The 2010s
- Europe In A Global Context
- Europe's Key Security Issues Over The Coming Decade
Security Risk Analysis
- BMI's Security Ratings
- Table: Europe Security Risk Ratings
- Table: Europe State Terrorism Vulnerability To Terrorism Index
Political Overview
- Domestic Politics
- USL To Win Election, Policy Continuity Ahead
- Long-Term Political Outlook
- EU Membership Underpins Long-Term Stability
Security Overview
- Internal Security Situation
- Table: Regional Insurgent Groups
- External Security Situation
Armed Forces And Government Spending
- Defence Decision-making
- Grand Strategy
- Order of Battle
- Defence Modernisation
- International Deployment And Joint Exercises
- Weapons Of Mass Destruction
Market Overview
- Arms Trade Overview
- Procurement Trends And Developments
Industry Forecast Scenario
- Armed Forces
- Table: Romania's Armed Forces, 2004-2008 ('000 personnel, unless otherwise stated)
- Table: Romania's Manpower Available For Military Services, 2009-2016 (aged 16-49, unless otherwise stated)
- Defence Expenditure
- Table: Romania's Defence Expenditure, 2009-2016
- Table: Romania's Defence Expenditure Scenario - Changing % Of GDP, 2009-2016 (US$mn)
- Macroeconomic Forecast
- Weak Growth Outlook At Serious Risk
- Table: Romania - Economic Activity, 2011-2016
Company Profiles
- Aerostar
- EADS/Eurocopter Romania
- IAR SA Brasov
- MFA Mizil
- Romaero
BMI Methodology
- How We Generate Our Industry Forecasts
- Defence Industry
- Sources

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