Hanwha Aerospace plans €1.3 billion investment to expand defence production and technology transfer in Romania
Hanwha Aerospace has announced a €1.3 billion investment plan to establish expanded defense manufacturing and technology transfer operations in Romania, targeting both local production and European export markets. The investment includes plans for artillery systems, armored vehicles, and ammunition production aligned with Romanian and NATO requirements. The initiative positions Hanwha as a major defense industrial partner within the EU and NATO framework. Romania becomes a key hub for Hanwha's European market strategy following recent K9 Thunder artillery contracts.