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63 new news items in the last 24 hours
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Lino Lim, CEO of Hanwha Aerospace Romania: What opportunities does the SAFE mechanism offer for the defense industry in Romania

Călin Nicolescu
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20 March 2026, 15:29
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Current Affairs
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During the presentation conference of the National Security Barometer 2026, Lino Lim, CEO of Hanwha Aerospace Romania, emphasized the importance of using the SAFE mechanism to build a sustainable defense industry ecosystem in Romania. Lim highlighted the lessons learned from South Korea's experience, where the creation of an industrial ecosystem was essential for the development of defense companies.

Hanwha collaborates with over 1,800 partners, generating strong companies with significant revenues. Lim stressed that international funding should be used not only for acquisitions but also to develop local capabilities. He proposed to the Romanian Government a plan whereby 80% of production should be carried out in the country, including the development of drones and the production of armaments. Hanwha is committed to contributing to the growth of the defense industry in Romania and creating long-term opportunities for local companies.

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Lino Lim, CEO al Hanwha Aerospace România: Vrem să creăm în România un ecosistem al industriei de apărare

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Rheinmetall has obtained 6 out of the 15 contracts from SAFE. The German giant is expected to collect the largest part of the money, over 5.6 billion euros.
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Petrișor Peiu, the leader of AUR senators, criticizes Romania for the improper use of SAFE funds, directing large sums towards foreign companies instead of supporting the national industry.
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Hanwha Aerospace Romania defense industry Lino Lim

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