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SC Uzina Automecanica Moreni SA

Romania has an APC production capability at SC Uzina Automecanica Moreni SA, a defence company from the RomArm group. S.C. Uzina Automecanica Moreni S.A. manufactures armored wheeled vehicles. It offers trucks, on-road and off-road vehicles, amphibious armoured personnel carriers, and transport and intervention vehicles. The company also offers civilian products, such as rigid driving axles, bevel driving pinions and gears, fixture for buffers and bushings, steering knuckles, fuel tanks, shaft type parts, welded assemblies, agriculture tools, and other tools and metal moulds. Its services include computer aided design, cutting steel plates with laser installation, heat treatment in controlled environment installation, and welding installation. The company was founded in 1968 and is based in Moreni, Romania.

A strategic procurement plan, agreed in 2006 by the Supreme National Defence Council, allotted each of Romania's armed services two major programmes:Air Force acquisition of 48 multirole combat aircraft to replace the MiG-21 Lancer fleet from around 2010, along with new long-range, short-range and very-short-range air-defence systems; Land Forces acquisition of a new fleet of survivable wheeled armored personnel carriers, new armored and unarmored patrol vehicles, and a new fleet of trucks, from light utility vehicles to heavy equipment transporters. In April 2011, the Romanian government decided to push ahead with a RON2 million (USD700,000) research and development (R&D) program for a new APC, despite the straitened financial climate caused by budget cuts. The initiative will be led by the Ministry of Defence (MoD) and the Ministry of Economy, Commerce and Business Environment.

The turnover of the subsidiary Company Jsc National Armen Automecanica Moreni S.C. Uzina S.A. has decreased in the years 2004 and 2006, when the turnover of the registered value of 9.996.237, RON 7,927,149, RON, respectively. From 2000 until 2008, turnover increased by 13,057,217, RON. The highest turnover was achieved in 2005-value: 16,071,722, RON. The lowest value of the turnover was achieved in 2000-01, RON value: 501,431.In the last balance sheet (balance of year 2008) the turnover of the subsidiary Company Jsc National Armen Automecanica Moreni S.C. Plant Jsc increased by 574,760, RON, that is, the face of 4.43% the previous year. National company Jsc Subsidiary S.C. Uzina Armen Automecanica Moreni S.A. had revenue growing from 2000 until 2008, with the exception of 2006, when they had a value of US$10,354,104. From 2000 to 2008 revenues rose by 15.624.380, RON. The biggest gains were obtained in 2005: 17,433,527. The lowest incomes were obtained in 2000-01, RON value: 599.185.In the balance of the year 2008 (the last balance registered), the income of the National Company Jsc Subsidiary S.C. Uzina Armen Automecanica Moreni S.A., grew by 349,796 EUR, 2,20% over, the previous year.

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Page last modified: 14-07-2012 18:58:55 ZULU