Wednesday 27 July 2011 | Vol.03 - No.30



Special Focus: Romania
The Future of Romanian Defence Budget
According to Romanian authorities the country is rather unlikely to face a conventional war in the medium term. Threats for Romanian security are mainly emanating from regional instability, failed states, the proliferation of weapons of mass distraction, international terrorism, or migration and domestic factors related to economic and social problems with potentially destabilizing effects on the political system. Romania is trying to confront these potential problems by participating in the Euro-Atlantic political and defence structures. Through them, Romania managed to foster its position in the international scene and its defence capabilities. Currently, Romania faces a new problem in creating effective defence capabilities, the economic crisis. Due to it the government has to cut the national defence budget. It is indicative that for 2010 defence budget went down from 2.5% GDP in 2009 to 1.3% of GDP (1.8bn Euro), representing a 13% cut.
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Romanian International Defence Cooperation
Romania has major interest in creating a stable, democratic and prosper neighborhood, capable of maintaining peace and understanding between the bordering countries. Therefore, Romania is deliberately trying to create international and multilateral synergies like the Black Sea Forum for Dialogue and Partnership and through them to promote stability, democracy, energy security, peace and economic development. In order to achieve it, Romania has to cooperate closely with neighboring states and with the member states of EU and NATO. Concomitantly, these political synergies can be integrated into the Euro-Atlantic community and actively play the role of intervener between the EU- NATO and Eastern Europe. Additionally, Romania seeks to be a reliable NATO-partner. Currently around 1,750 Romanian soldiers are deployed in international missions. The number is intended to increase to 2,000 in 2011. In August 2010, additional funds were made available to the Romanian armed forces to secure their continuing military participation in Afghanistan.
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Epicos "Industrial Cooperation and Offset Projects"
Epicos "Industrial Cooperation and Offset Projects" provides a unique set of online tools enabling the structure, identification and implementation of comprehensive Offsets programs, through a searchable database. By introducing different offset projects and ideas proposed by local A&D industry it ensures the optimum cost for Prime Contractors and reassures that the priorities of local industry are fully met...
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Adaptation of a generic Data Retrieval Unit to support specific modern Jet Engine equipped with monitoring system
A leading company in the design and production of various engine component test stands and health monitoring systems is proposing the adaptation (including necessary hardware and software tools) of an existing Data Retrieval Unit specially designed for F100-PW-220/229, F110-GE-129 and T700-GE-701C type of engines, in order to perform the required health monitoring and testing procedures for an alternative modern civil or military jet engine defined by any likewise interested Prime.

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Investment on Casting Simulation Software tools in order to develop high quality aluminum sand castings parts capability
A company specializing in manufacturing premium quality aluminium precision sand castings is considering expanding its activities in designing and manufacturing high complexity and high precision sand casting optimised for aerospace and aviation applications. For the later, the introduction of a specialized casting simulation software package under an offset investment program is proposed to any likewise interested parties (Primes or other organizations).


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Epicos- Amazon

Europeanization of Defence Industry Policy in the 1990s, by Malena Britz

Europeanization has become a frequently used term, in the debate regarding socioeconomic issues. This book analyses the Europeanization of defence industry policy, with a special focus on the Swedish case. It analyses the creation of European rules for collaboration in defence equipment production, and the creation of European actors in form of European defence industry companies. A small comparison between developments in Sweden and developments in France and the UK is also made to enable a discussion of what is unique in the Swedish development. The analysis should be useful for any student of Europeanization or European defence and security policy, as well as for professionals working with defence industry related issues.


The Transition from Communism to the European Union: Restructuring Romanian Industry and Agriculture since 1990, by David Turnock

After the fall of the communist regime new socio-economical structures where created in all Southeast European countries. This book demonstrates this transformation process that has been limited by challenging political, economic and social constraints. David Turnock traces the complex issues that have influenced Romania's reform and restructuring program since the end of 1989. This book provides an overview of economic change in Romania, and studies in detail the transformation in industry, energy and agriculture, drawing on fieldwork in all parts of the country. The book should be regarded as a must read for students and researchers in the fields of regional economics and post-communism, as well as readers with a general interest in Romania, the Balkans or the EU.





Contact the Editor:

Vasileios Kyriazis
e-mail: v-kyriazis@epicos.com

Contact Epicos sales Department:

Michael Karakatsanis
e-mail: m-kay@epicos.com



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EPICOS NEWSROOM


 
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