On December 5, the Government of Romania approved an Emergency Ordinance that establishes the legal framework for carrying out strategic investments in the national defense industry. This includes projects funded through the European SAFE program, with 16.68 billion euros available. The ordinance allows for the launch of projects aimed at strengthening internal production and service capabilities in the defense sector, considered of public and strategic interest.
The normative act will accelerate the approval procedures and will allow the use of land removed from agricultural use. It also regulates state intervention to protect security interests, including in companies where the state holds the majority share package.
Funding will come from both the state budget and European funds, and the companies involved must hold strategic status and be monitored by the Ministry of Economy. The implementation of projects requires the approval of the CSAT and compliance with competition rules. Private investors must demonstrate experience and technical capacity, and in the event of an investor's withdrawal, the state will have a right of preemption over the shares. All investments will be included in the National Economy Mobilization Plan for defense.