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Romania approves creation of Rheinmetall joint venture

19 January 2018

Romania’s Competition Council has announced that it has authorised the formation of a joint venture between state-owned defence company Romarm SA and German armoured vehicle specialist Rheinmetall Landsysteme GmbH.

The two companies will each hold a 50% stake in the new venture Romanian Military Vehicle Systems SA (RMVS), which has been created in order to pursue the development and production of 8x8 wheeled armoured vehicles in the country.

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