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Romania Partners with Rheinmetall for €535M Defense Factory

11/4/2025

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Summary

Story summary

Romania's Prime Minister Ilie Bolojan announced a partnership with defense firm Rheinmetall to build a €535 million gunpowder factory in Victoria, funded partly through the EU SAFE mechanism.
Construction starts in 2026 and will create approximately 700 jobs.
Bolojan highlighted Romania's emerging role in Southeast European defense.
Rheinmetall CEO Armin Papperger said the facility is significant for NATO and European defense and highlighted ammunition production after Russia's aggression in Ukraine.

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Story summary

Romania's Prime Minister Ilie Bolojan announced a partnership with defense firm Rheinmetall to build a €535 million gunpowder factory in Victoria, funded partly through the EU SAFE mechanism.
Construction starts in 2026 and will create approximately 700 jobs.
Bolojan highlighted Romania's emerging role in Southeast European defense.
Rheinmetall CEO Armin Papperger said the facility is significant for NATO and European defense and highlighted ammunition production after Russia's aggression in Ukraine.