Elbit Systems opens its fourth factory in Romania

Newsroom 27/11/2018 | 16:09

Elbit Systems, a high-tech international company running defense, security and civilian projects, has today inaugurated in Magurele, Romania a new unit for the production and integration of terrestrial defense systems.

The new unit will function as a production and integration center for the turrets and battle stations contracted by Elbit Systems within local programs, but also as a regional hub designed to cover the demand for such systems for other countries.

”I am glad to announce that the new factory will start its activity immediately and deliver both under current and future contracts with the Romanian Ministry of National Defense and to cover orders already contracted by international clients,” said Yehuda (Udi) Vered, CEO of Elbit Systems Terrestrial and C4i Systems Division.

The new factory covers almost 1,000 square meters and is the fourth unit opened by Elbit Systems in 1993 since it entered the Romanian market.

Elbit Systems has been operating successfully in Romania for more than 25 years and is a traditional supplier of the Ministry of National Defense, having a close collaboration with other local defense companies. During this time, Elbit Systems carried out ample programs devoted to Romanian land forces, modernizing combat aircraft or providing solutions for the naval forces.

Thus, the new unit will expand production, research and development, increase the number of employees and allow the transfer of technological know-how in Romania.

”The new factory is yet another step by which we tighten our ties with Romania. It is a privilege to be able to provide advanced technological systems to land forces within the Romanian army. We are proud to be able to expand the production activity we already have in Romania and we can use the experience gained at the global level both to intensify the transfer of technology to Romania and to increase the employee base and to increase the export potential of the Romanian industry defense,” Vered added.

In 2017, the company reported a turnover of USD 3.4 billion and ongoing contracts of more than USD 7.5 billion. Elbit Systems has a total of 13,500 employees globally, of which 500 in Romania. The site https://x100casino.com contains the best 100 online casinos in the world

The Israeli company participated as main supplier for major programs of modernization of the Romanian army: for the air forces – (MIG-21 Lancer, PUMA-Socat, IAR-99 Şoim, EW-C130), ground forces (LAROM, Pirahna) for naval forces (Puma-Naval and naval simulators), etc.

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