Romania’s state-owned arms producer, Romarm, has successfully restated its financial records to meet required standards. Interim Economy Minister Irineu Darău announced the resolution following months of intensive work with ministry officials. He stated the situation encountered upon assuming his role was unacceptable and required immediate attention. The financial restructuring involved collaboration between Romarm, the ministry, and state secretaries. Darău emphasized a commitment to clear regulations and zero tolerance for poor management practices within the company. This development signals a positive step towards stabilizing Romarm’s financial health and ensuring future operational efficiency. The minister communicated the progress via a Facebook post on Thursday.
