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ROMARM
, type = State-owned corporation , industry = Defense , successor = , foundation = , founder = , defunct = , location_city = Bucharest , location_country = Romania , coordinates = , locations = , area_served = worldwide , key_people = Marius Ioana (General Manager) , products = Munitions, Firearms, Artillery, Explosive, Combat vehicle , production = , services = , revenue = RON 265.8 million , revenue_year = 2008 , operating_income = , net_income = RON 0.1 million , net_income_year = , aum = , assets = , equity = , owners = , num_employees = 7300 , num_employees_year = 2012 , divisions = , subsid = , footnotes = , intl = , website romarm.ro ROMARM is a Romanian state owned defense company and Romania's main supplier for defense technique and services. The company owns 15 factories and a research institute. Subsidiaries Arsenal Reșița Arsenal Resita was founded in 1972 in order to produce medium and large cannons. Due to the decreas ...
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State-owned Corporation
A state-owned enterprise (SOE) is a government entity which is established or nationalised by the ''national government'' or ''provincial government'' by an executive order or an act of legislation in order to earn profit for the government, control monopoly of the private sector entities, provide products and services to citizens at a lower price and for the achievement of overall financial goals & developmental objectives in a particular country. The national government or provincial government has majority ownership over these ''state owned enterprises''. These ''state owned enterprises'' are also known as public sector undertakings in some countries. Defining characteristics of SOEs are their distinct legal form and possession of financial goals & developmental objectives (e.g., a state railway company may aim to make transportation more accessible and earn profit for the government), SOEs are government entities established to pursue financial objectives and develo ...
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Arms Industry
The arms industry, also known as the arms trade, is a global industry which manufactures and sells weapons and military technology. It consists of a commercial industry involved in the research and development, engineering, production, and servicing of military material, equipment, and facilities. Arms-producing companies, also referred to as arms dealers, or as the military industry, produce arms for the armed forces of states and for civilians. Departments of government also operate in the arms industry, buying and selling weapons, munitions and other military items. An arsenal is a place where arms and ammunition - whether privately or publicly owned - are made, maintained and repaired, stored, or issued, in any combination. Products of the arms industry include guns, artillery, ammunition, missiles, military aircraft, military vehicles, ships, electronic systems, military communications, night-vision devices, holographic weapon sights, laser rangefinders, laser sights, ...
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Bucharest
Bucharest ( , ; ro, București ) is the capital and largest city of Romania, as well as its cultural, industrial, and financial centre. It is located in the southeast of the country, on the banks of the Dâmbovița River, less than north of the Danube River and the Bulgarian border. Bucharest was first mentioned in documents in 1459. The city became the capital of Romania in 1862 and is the centre of Romanian media, culture, and art. Its architecture is a mix of historical (mostly Eclectic, but also Neoclassical and Art Nouveau), interbellum ( Bauhaus, Art Deco and Romanian Revival architecture), socialist era, and modern. In the period between the two World Wars, the city's elegant architecture and the sophistication of its elite earned Bucharest the nickname of 'Paris of the East' ( ro, Parisul Estului) or 'Little Paris' ( ro, Micul Paris). Although buildings and districts in the historic city centre were heavily damaged or destroyed by war, earthquakes, and even Nic ...
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Romania
Romania ( ; ro, România ) is a country located at the crossroads of Central Europe, Central, Eastern Europe, Eastern, and Southeast Europe, Southeastern Europe. It borders Bulgaria to the south, Ukraine to the north, Hungary to the west, Serbia to the southwest, Moldova to the east, and the Black Sea to the southeast. It has a predominantly Temperate climate, temperate-continental climate, and an area of , with a population of around 19 million. Romania is the List of European countries by area, twelfth-largest country in Europe and the List of European Union member states by population, sixth-most populous member state of the European Union. Its capital and largest city is Bucharest, followed by Iași, Cluj-Napoca, Timișoara, Constanța, Craiova, Brașov, and Galați. The Danube, Europe's second-longest river, rises in Germany's Black Forest and flows in a southeasterly direction for , before emptying into Romania's Danube Delta. The Carpathian Mountains, which cross Roma ...
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Marius Ioana
Marius may refer to: People *Gaius Marius (157 BC-86 BC), Roman statesman, seven times consul. Arts and entertainment * ''Marius'' (play), a 1929 play by Marcel Pagnol * "Marius" (short story), a 1957 story by Poul Anderson * ''Marius'' (1931 film), a French adaptation of Pagnol's play, directed by Alexander Korda * ''Marius'' (2013 film), a French adaptation of Pagnol's play, directed by Daniel Auteuil Places * Marius (Laconia), a town of ancient Laconia, Greece * Măriuș, a village in Valea Vinului, Satu Mare County, Romania * Marius (crater), on the Moon * Marius Hills, on the Moon Other uses * Marius (name), a male given name, a Roman clan name and family name, and a modern name or surname * Marius (commando), Alain Alivon (born 1965), French Navy officer * Marius (giraffe), a giraffe euthanized at the Copenhagen Zoo in 2014 See also * * * Mario (other) * Maria (other) * Mary (other) Mary may refer to: People * Mary (name), a feminin ...
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General Manager
A general manager (GM) is an executive who has overall responsibility for managing both the revenue and cost elements of a company's income statement, known as profit & loss (P&L) responsibility. A general manager usually oversees most or all of the firm's marketing and sales functions as well as the day-to-day operations of the business. Frequently, the general manager is responsible for effective planning, delegating, coordinating, staffing, organizing, and decision making to attain desirable profit making results for an organization (Sayles 1979). In many cases, the general manager of a business is given a different formal title or titles. Most corporate managers holding the titles of chief executive officer (CEO) or president, for example, are the general managers of their respective businesses. More rarely, the chief financial officer (CFO), chief operating officer (COO), or chief marketing officer (CMO) will act as the general manager of the business. Depending on the ...
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Munition
Ammunition (informally ammo) is the material fired, scattered, dropped, or detonated from any weapon or weapon system. Ammunition is both expendable weapons (e.g., bombs, missiles, grenades, land mines) and the component parts of other weapons that create the effect on a target (e.g., bullets and warheads). The purpose of ammunition is to project a force against a selected target to have an effect (usually, but not always, lethal). An example of ammunition is the firearm cartridge, which includes all components required to deliver the weapon effect in a single package. Until the 20th century, black powder was the most common propellant used but has now been replaced in nearly all cases by modern compounds. Ammunition comes in a great range of sizes and types and is often designed to work only in specific weapons systems. However, there are internationally recognized standards for certain ammunition types (e.g., 5.56×45mm NATO) that enable their use across different weapon ...
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Firearm
A firearm is any type of gun designed to be readily carried and used by an individual. The term is legally defined further in different countries (see Legal definitions). The first firearms originated in 10th-century China, when bamboo tubes containing gunpowder and pellet projectiles were mounted on spears to make the portable fire lance, operable by a single person, which was later used effectively as a shock weapon in the Siege of De'an in 1132. In the 13th century, fire lance barrels were replaced with metal tubes and transformed into the metal-barreled hand cannon. The technology gradually spread throughout Eurasia during the 14th century. Older firearms typically used black powder as a propellant, but modern firearms use smokeless powder or other propellants. Most modern firearms (with the notable exception of smoothbore shotguns) have rifled barrels to impart spin to the projectile for improved flight stability. Modern firearms can be described by their caliber ( ...
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Artillery
Artillery is a class of heavy military ranged weapons that launch munitions far beyond the range and power of infantry firearms. Early artillery development focused on the ability to breach defensive walls and fortifications during sieges, and led to heavy, fairly immobile siege engines. As technology improved, lighter, more mobile field artillery cannons developed for battlefield use. This development continues today; modern self-propelled artillery vehicles are highly mobile weapons of great versatility generally providing the largest share of an army's total firepower. Originally, the word "artillery" referred to any group of soldiers primarily armed with some form of manufactured weapon or armor. Since the introduction of gunpowder and cannon, "artillery" has largely meant cannons, and in contemporary usage, usually refers to shell-firing guns, howitzers, and mortars (collectively called ''barrel artillery'', ''cannon artillery'', ''gun artillery'', or - a layman t ...
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Explosive Weapon
An explosive weapon is a weapon that uses high explosive to project blast and/or fragmentation from a point of detonation. In the common practice of states, explosive weapons are generally the preserve of the military, for use in situations of armed conflict, and are rarely used for purposes of domestic policing. When explosive weapons fail to function as designed they are often left as unexploded ordnance (UXO). Classification Explosive weapons may be subdivided by their method of manufacture into explosive ordnance and improvised explosive devices (IEDs). Certain types of explosive ordnance and many improvised explosive devices are sometimes referred to under the generic term bomb. Certain types of explosive weapons may be categorized as light weapons (e.g. grenades, grenade launchers, rocket launchers, anti-tank guided missile launchers, man-portable air-defense systems, and mortars of calibers of less than 100 mm). Many explosive weapons, such as aerial bombs, ...
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Combat Vehicle
A combat vehicle, also known as a ground combat vehicle, is a self-propelled, weaponized military vehicle used for combat operations in mechanized warfare. Combat vehicles can be wheeled or tracked. History Ancient The chariot is a type of carriage using animals (almost always horses) to provide rapid motive power. Chariots were used for war as "battle taxis" and mobile archery platforms, as well as other pursuits such as hunting or racing for sport, and as a chief vehicle of many ancient peoples, when speed of travel was desired rather than how much weight could be carried. The original chariot was a fast, light, open, two-wheeled conveyance drawn by two or more horses that were hitched side by side. The car was little more than a floor with a waist-high semicircular guard in front. The chariot, driven by a charioteer, was used for ancient warfare during the Bronze and the Iron ages. Armor was limited to a shield. Modern In modern times, combat vehicles are protected by ...
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Romanian Leu
The Romanian leu (, plural lei ; ISO code: RON; numeric code: 946) is the currency of Romania. It is subdivided into 100 (, singular: ), a word that means "money" in Romanian. Etymology The name of the currency means "lion", and is derived from the Dutch thaler ( "lion thaler/dollar"). The Dutch ''leeuwendaalder'' was imitated in several German and Italian cities. These coins circulated in Romania, Moldova and Bulgaria and gave their name to their respective currencies: the ''Romanian leu'', the 'Moldovan leu'' and the ''Bulgarian lev''. History First leu: 1867–1947 In 1860, the Domnitor Alexandru Ioan Cuza attempted to create a national ''românul'' ("the Romanian") and the ''romanat''; however, the project was not approved by the Ottoman Empire. On 22 April 1867, a bimetallic currency was adopted, with the leu equal to 5 grams of 83.5% silver or 0.29032 grams of gold. The first leu coin was minted in Romania in 1870. Before 1878 the silver Imperial ...
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