Falcon Defence to invest in ammunition plant in Romania

Business Forum
Falcon Defence, part of Falcon Group, has announced its entry into the Romanian market with the launch of an integrated production platform for energetic materials and artillery ammunition.

The move is supported by binding contracts worth €253 million for deliveries in 2026.

The contracts will be fulfilled through the group's existing network of production facilities in Europe and Asia, demonstrating immediate industrial capacity as demand for ammunition and energetic materials in Europe increases rapidly following Russia's invasion of Ukraine.

Falcon Defence can already supply 5,000 complete 155mm shells per month, with immediate availability. Through international partnerships with energetic materials groups and industrial partners in Asia, the network's capacity will increase to 30,000 shells per month by the second quarter of 2026. The first phase of the Romanian project will add domestic capacity of 10,000 shells per month, securing approximately 220,000 shells for 2026 deliveries.

The project involves retooling and reactivating an existing industrial platform, acquired with foreign direct investment approval in 2025. The estimated investment for the first phase is approximately €50 million and will generate between 100 and 150 direct jobs, plus several hundred indirect jobs. Morten Reimers, CEO and founder of Falcon Group, stated: "Romania has industrial tradition, a skilled workforce, and geopolitical relevance. Reactivating former industrial platforms means transforming abandoned spaces into engines of economic and infrastructural development."

Cătălin Cîrlănaru, Director of Government and Strategic Affairs, added: "By signing binding contracts for deliveries in 2026, we demonstrate that Falcon is entering Romania with real capacity, not merely intentions. Our vision is to secure Europe's supply of 155mm ammunition and energetic materials, strengthen Romania's industrial base, and contribute to European strategic autonomy."

RECOMMENDED
Investors are wary but looking for opportunities in 2025
Real estate

Investors are wary but looking for opportunities in 2025

Investors are still on hold today. As Property Forum's recent survey showed, two-thirds of investors are expected to continue to take a ‘wait and see' stance and look for a better vision of the future in the coming period. But, as the speakers of the investor expectations panel of SEE Property Forum 2024 showed, there are opportunities available all over CEE, including Romania.

RECOMMENDED FROM THE HOME PAGE
Finance

BT 2025 net profit up 16%

Banca Transilvania (BT) reported a consolidated net profit of RON 4.10 billion (€804.7 million) in 2025, representing a 15.96% increase compared to RON 3.53 billion.

Industry

Romanian car sales drop 24% in February

New car registrations in Romania fell 24.4% in February 2026 compared to the same month last year, according to preliminary official data processed by the Association of Car Producers and Importers (APIA).

Energy

Romgaz profit gains 4.4% in 2025

Romanian gas producer Romgaz recorded a consolidated net profit of RON 3.35 billion (€674.5 million) for the 2025 financial year.

READ MORE
Business Forum  |  2 March, 2026 at 5:07 PM
Business Forum  |  2 March, 2026 at 11:30 AM