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Romania: Banca Transilvania Gets Shareholder Vote To Distribute RON900M ( )
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French defense industry group won the tender in 2019 to build four Gowind corvettes for 1.2 billion euros. But the contract was never signed, despite the desire of the two NATO countries to strengthen security in the Black Sea. The same tender had already been the subject of controversy: according to local media, Romanian officials had tried in the past to thwart Naval Group's offer, to award the contract to Damen for "political reasons" The country also plans to modernize its military and buy equipment, such as US Abrams tanks.
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