The Romanian Defense Industry - Market Opportunities and Entry Strategies Analyses and Forecasts to 2015

Synopsis

• Top level overview of the Romanian defense industry
• A breakdown of the Romanian defense industry by spend pattern valued from 2006 through 2010 and forecasted from 2011 through 2015
• A breakdown of the markets by segment valued from 2006 through 2010 and forecasted from 2011 through 2015
• Details of top companies active across the Romanian defense industry
• Emerging trends and opportunities in the Romanian defense industry in the last 12 months

Summary
This report offers insights into the market opportunities and entry strategies adopted by foreign OEMs (original equipment manufacturers) to gain a market share in the Romanian defense industry. In particular, it offers in-depth analysis of the following:

• Market opportunity and attractiveness: detailed analysis of the current industry size and growth expectations during 2011–2015, including highlights of the key growth stimulators. It also benchmarks the industry against key global markets and provides detailed understanding of emerging opportunities in specific areas.
• Procurement dynamics: trend analysis of imports and exports, together with its implications and impact on the Romanian defense industry.
• Industry structure: five forces analysis to identify various power centers in the industry and how these are likely to develop in the future.
• Market entry strategy: analysis of possible ways to enter the market, together with detailed descriptions of how existing players have entered the market, including key contracts, alliances, and strategic initiatives.
• Competitive landscape and strategic insights: analysis of competitive landscape of the defense industry in Romania. It provides an overview of key defense companies (both domestic and foreign), together with insights such as key alliances, strategic initiatives, and a brief financial analysis.
• Business environment and country risk: a range of drivers at country level, assessing business environment and country risk. It covers historical and forecast values for a range of indicators, evaluating business confidence, economic performance, infrastructure quality and availability, labor force, demographics, and political and social risk.

Scope

• Analysis of Defense industry market size from 2006 through 2010 and forecasts till 2015
• Analysis of defense budget allocation
• Benchmarking with key global markets
• Market opportunities
• Defense procurement dynamics
• Industry dynamics
• Market entry strategy
• Competitive landscape and strategic insights
• Business environment and country risk

Reasons To Buy

• Gain insight into the Romanian defense industry with current, historic and forecast market values
• Get insight on market opportunity and attractiveness
• Get insight on industry procurement dynamics
• Gain insight on industry structure
• Gain insight into the regulations governing the Romanian defense industry and the potential market entry strategies with an expert analysis of the competitive structure
• Identify top companies of the Romanian defense industry along with profiles of all those companies

Key Highlights

The Romanian defense expenditure registered a CARC of -1.53% during the review period and is estimated to be worth US$1.5 billion in 2011. Active participation in North Atlantic Treaty Organization (NATO) and United Nations (UN) peacekeeping missions, joint operations and border control measures drove expenditure during the review period. These factors are expected to continue to drive defense expenditure throughout the forecast period, with spending anticipated to increase at a CAGR of 2.83% to reach US$1.7 billion by 2015. As a percentage of the gross domestic product (GDP), the country’s defense budget stood at 0.9% in 2011 and is expected to decline to 0.6% of GDP by 2015, mainly because the country’s GDP is increasing at a faster rate than its military expenditure.

The capital expenditure allocation of the defense budget, which stood at an average of 12.9% during the review period, is estimated to increase to an average of 14.5% during the forecast period as a result of an increase in equipment purchases. Consequently, revenue expenditure is likely to decrease from an average of 87.1% during the review period to an average of 85.5% during the forecast period.

Key opportunities for equipment suppliers are expected in areas such as military transport aircraft, wheeled armored personnel carriers and F-16 fighter aircraft.

Contents

1 INTRODUCTION

1.1 About this Report
1.2 Definitions
1.3 Methodology
  1.3.1 Secondary research
  1.3.2 Primary research
  1.3.3 Conventions
1.4 ICD Research Intelligence Terrorism Index
1.5 About ICD Research Defense Intelligence Center
1.6 About Strategic Defence Intelligence (www.strategicdefenceintelligence.com)

2 EXECUTIVE SUMMARY

3 MARKET ATTRACTIVENESS AND EMERGING OPPORTUNITIES

3.1 Defense Market Size and Forecast
  3.1.1 Romania’s defense expenditure expected to register higher growth during the forecast period
  3.1.2 Participation in peacekeeping missions, joint operations and border control measures will support defense expenditure
3.2 Analysis of Defense Budget Allocation
  3.2.1 Capital expenditure allocation expected to increase during the forecast period
  3.2.2 Capital expenditure to register a higher CAGR growth during the forecast period
  3.2.3 Revenue expenditure to grow at a higher CAGR during the forecast period
  3.2.4 Defense budget as a percentage of GDP expected to decrease during the forecast period
  3.2.5 Per capita defense expenditure expected to decline during the forecast period
  3.2.6 Defense related expenditure to account for a major portion of overall defense expenditure during the forecast period
  3.2.7 Defense related expenditure to decline during the forecast period
  3.2.8 Expenditure on national security and miscellaneous expenditure to register a decline during the forecast period
3.3 Homeland Security Market Size and Forecast
  3.3.1 Homeland security budget projected to decline during the forecast period
  3.3.2 Human trafficking, cybercrime and illegal immigration to drive homeland security market
  3.3.3 Romania considered at ‘some risk’ of terrorist attack
  3.3.4 Romania experienced some risk of terror activity during the review period
3.4 Benchmarking with Key Global Markets
  3.4.1 The country is expected to remain a small player in the international defense market
  3.4.2 Romanian military expenditure is modest compared to countries with the largest defense expenditure
  3.4.3 The country allocates a lower percentage of GDP towards defense than other NATO members
3.5 Market Opportunities: Key Trends and Growth Stimulators
  3.5.1 Military transport aircraft expected to create new market opportunities
  3.5.2 Demand for armored personnel carriers to increase
  3.5.3 F-16 Fighting Falcons will provide attractive market opportunities

4 DEFENSE PROCUREMENT MARKET DYNAMICS

4.1 Import Market Dynamics
  4.1.1 Lack of advanced technology drives imports
  4.1.2 Defense imports expected to be higher during the forecast period
  4.1.3 The US, Germany and Israel account for the majority of the country’s defense imports
  4.1.4 Air defense systems, sensors and aircraft are the largest imported military hardware
4.2 Export Market Dynamics
  4.2.1 Defense exports registered a decline during the review period
  4.2.2 The UAE is the largest importer of Romanian arms
  4.2.3 Aircraft and aircraft parts account for significant portion of exports

5 INDUSTRY DYNAMICS

5.1 Five Forces Analysis
  5.1.1 Bargaining power of supplier: low to medium
  5.1.2 Bargaining power of buyer: high
  5.1.3 Barrier to entry: medium
  5.1.4 Intensity of rivalry: medium to high
  5.1.5 Threat of substitution: low to high

6 MARKET ENTRY STRATEGY

6.1 Market Regulation
  6.1.1 Offset policy mandates suppliers invest a minimum of 80% of the contract value into the Romanian economy
  6.1.2 Romania allows 100% foreign direct investment in defense sector
6.2 Market Entry Route
  6.2.1 Foreign defense OEMs enter the market through acquisitions and alliances
  6.2.2 EDA promotes defense procurements within EU
6.3 Key Challenges
  6.3.1 Defense budget cuts impede the growth of defense industry
  6.3.2 Rampant corruption and inadequate legal infrastructure
  6.3.3 Foreign competition hampers the domestic defense industry

7 COMPETITIVE LANDSCAPE AND STRATEGIC INSIGHTS

7.1 Competitive Landscape Overview
7.2 Key Domestic Companies
  7.2.1 CN Romarm SA: overview
  7.2.2 CN Romarm SA: products and services
  7.2.3 CN Romarm SA: recent announcements and strategic initiatives
  7.2.4 CN Romarm SA: alliances
  7.2.5 CN Romarm SA: recent contract wins
  7.2.6 CN Romarm SA: financial analysis
  7.2.7 S.C. Uzina Mecanica Cugir S.A.: overview
  7.2.8 S.C. Uzina Mecanica Cugir S.A.: products and services
  7.2.9 S.C. Uzina Mecanica Cugir S.A.: recent announcements and strategic initiatives
  7.2.10 S.C. Uzina Mecanica Cugir S.A.: alliances
  7.2.11 S.C. Uzina Mecanica Cugir S.A.: recent contract wins
  7.2.12 S.C. Uzina Mecanica Cugir S.A.: financial analysis
  7.2.13 Aerostar S.A.: overview
  7.2.14 Aerostar S.A.: products and services
  7.2.15 Aerostar S.A.: recent announcements and strategic initiatives
  7.2.16 Aerostar S.A.: alliances
  7.2.17 Aerostar S.A.: recent contract wins
  7.2.18 Aerostar S.A.: financial analysis
  7.2.19 Electromagnetica SA: overview
  7.2.20 Electromagnetica SA: products and services
  7.2.21 Electromagnetica SA: recent announcements and strategic initiatives
  7.2.22 Electromagnetica SA: alliances
  7.2.23 Electromagnetica SA: recent contract wins
  7.2.24 Electromagnetica SA: financial analysis
  7.2.25 Avioane Craiova S.A.: overview
  7.2.26 Avioane Craiova S.A.: products and services
  7.2.27 Avioane Craiova S.A.: recent announcements and strategic initiatives
  7.2.28 Avioane Craiova S.A.: alliances
  7.2.29 Avioane Craiova S.A.: recent contract wins
  7.2.30 Avioane Craiova S.A.: financial analysis
  7.2.31 Elprof S.A.: overview
  7.2.32 Elprof S.A.: products and services
  7.2.33 Elprof S.A.: recent announcements and strategic initiatives
  7.2.34 Elprof S.A.: alliances
  7.2.35 Elprof S.A.: recent contract wins
  7.2.36 Elprof S.A.: financial analysis
  7.2.37 IAR S.A. Brasov: overview
  7.2.38 IAR S.A. Brasov: products and services
  7.2.39 IAR S.A. Brasov: recent announcements and strategic initiatives
  7.2.40 IAR S.A. Brasov: alliances
  7.2.41 IAR S.A. Brasov: recent contract wins
  7.2.42 IAR S.A. Brasov: financial analysis
  7.2.43 IOR S.A.: overview
  7.2.44 IOR S.A.: products and services
  7.2.45 IOR S.A.: recent announcements and strategic initiatives
  7.2.46 IOR S.A.: alliances
  7.2.47 IOR S.A.: recent contract wins
  7.2.48 IOR S.A.: financial analysis
  7.2.49 Simultec S.R.L.: overview
  7.2.50 Simultec S.R.L.: products and services
  7.2.51 Simultec S.R.L.: recent announcements and strategic initiatives
  7.2.52 Simultec S.R.L.: alliances
  7.2.53 Simultec S.R.L.: recent contract wins
  7.2.54 Simultec S.R.L.: financial analysis
  7.2.55 Turbomecanica S.A.: overview
  7.2.56 Turbomecanica S.A.: products and services
  7.2.57 Turbomecanica S.A.: recent announcements and strategic initiatives
  7.2.58 Turbomecanica S.A.: alliances
  7.2.59 Turbomecanica S.A.: recent contract wins
  7.2.60 Turbomecanica S.A.: financial analysis
7.3 Key Foreign Companies
  7.3.1 Intelcan Technosystems, Inc.: overview
  7.3.2 Intelcan Technosystems, Inc.: products and services
  7.3.3 Intelcan Technosystems, Inc.: recent announcements and strategic initiatives
  7.3.4 Intelcan Technosystems, Inc.: alliances
  7.3.5 Intelcan Technosystems, Inc.: recent contract wins
  7.3.6 Intelcan Technosystems, Inc.: financial analysis
  7.3.7 S.C. Eurocopter Romania SA: overview
  7.3.8 S.C. Eurocopter Romania SA: products and services
  7.3.9 S.C. Eurocopter Romania SA: recent announcements and strategic initiatives
  7.3.10 S.C. Eurocopter Romania SA: alliances
  7.3.11 S.C. Eurocopter Romania SA: recent contract wins
  7.3.12 S.C. Eurocopter Romania SA: financial analysis

8 BUSINESS ENVIRONMENT AND COUNTRY RISK

8.1 Business Confidence
  8.1.1 Industrial production index
  8.1.2 Market capitalization trend – Bucharest stock exchange, Romania
  8.1.3 FDI inflows
8.2 Economic Performance
  8.2.1 GDP at constant prices (US dollars)
  8.2.2 GDP per capita at constant prices (US dollars)
  8.2.3 GDP at current prices (US dollars)
  8.2.4 GDP per capita at current prices (US dollars)
  8.2.5 GDP split by key segments
  8.2.6 Agricultural net output at current prices (Romanian leu)
  8.2.7 Agricultural net output at current prices (US dollars)
  8.2.8 Agricultural net output at current prices as percentage of GDP
  8.2.9 Manufacturing net output at current prices (Romanian leu)
  8.2.10 Manufacturing net output at current prices (US dollars)
  8.2.11 Manufacturing net output at current prices as percentage of GDP
  8.2.12 Mining, manufacturing and utilities net output at current prices (Romanian leu)
  8.2.13 Mining, manufacturing and utilities at current prices (US dollars)
  8.2.14 Mining, manufacturing and utilities at current prices, as percentage of GDP
  8.2.15 Construction net output at current prices (Romanian leu)
  8.2.16 Construction net output at current prices, (US dollars)
  8.2.17 Construction net output at current prices as a percentage of GDP
  8.2.18 Crude steel production
  8.2.19 Crude oil consumption
  8.2.20 Inflation rate
  8.2.21 Fiscal balance as a percentage of GDP
  8.2.22 Current account balance as a percentage of GDP
  8.2.23 Exports as a percentage of GDP
  8.2.24 Imports as a percentage of GDP
  8.2.25 Exports growth
  8.2.26 Imports growth
  8.2.27 Annual average exchange rate US$–RON
  8.2.28 End of the period exchange rate US$–RON
8.3 Infrastructure Quality and Availability
  8.3.1 Total airports and sea ports
  8.3.2 Railways and roadways
  8.3.3 Passenger vehicle production volume
  8.3.4 Commercial vehicle production volume
  8.3.5 Automotive components exports trend
  8.3.6 Automotive components imports trend
  8.3.7 Passenger car penetration
  8.3.8 Total installed capacity for electricity generation
  8.3.9 Installed capacity for the generation of conventional thermal electricity
  8.3.10 Electricity production
  8.3.11 Installed capacity for hydroelectricity generation
  8.3.12 Installed capacity for renewable electricity generation
  8.3.13 Electricity consumption
  8.3.14 Electricity exports
  8.3.15 Electricity imports
  8.3.16 Healthcare expenditure
  8.3.17 Healthcare expenditure as percentage of GDP
  8.3.18 Healthcare expenditure per capita
  8.3.19 Total internet subscribers
  8.3.20 Broadband internet subscribers
  8.3.21 Personal computer penetration rate
  8.3.22 Mobile phone penetration rate
  8.3.23 R&D expenditure as a percentage of GDP
8.4 Labor Force
  8.4.1 Labor force
  8.4.2 Unemployment rate
8.5 Demographics
  8.5.1 Annual disposable income
  8.5.2 Annual per capita disposable income
  8.5.3 Annual consumer expenditure on food
  8.5.4 Annual per capita consumer expenditure on food
  8.5.5 Total population
  8.5.6 Urban and rural population
  8.5.7 Female percentage of population
  8.5.8 Male percentage of population
  8.5.9 Mean age of population
  8.5.10 Median age of population
  8.5.11 Population density
  8.5.12 Age distribution of the total population
  8.5.13 Age distribution of the male population
  8.5.14 Age distribution of the female population
  8.5.15 Number of households
8.6 Political and Social Risk
  8.6.1 Political stability
  8.6.2 Terrorism index
  8.6.3 Transparency index

9 APPENDIX

9.1 Contact Us
9.2 About ICD Research
9.3 Disclaimer

LIST OF TABLES

Table 1: ICD Research Intelligence Terrorism Index, 2009
Table 2: Offset Regulations in Romania
Table 3: CN Romarm SA.: Alliances
Table 4: CN Romarm SA.: Recent Contract Wins
Table 5: Aerostar S.A.: Alliances
Table 6: Aerostar S.A.: Recent Contract Wins
Table 7: Avioane Craiova S.A.: Alliances
Table 8: Avioane Craiova S.A.: Recent Contract Wins
Table 9: Elprof S.A.: Alliances
Table 10: Elprof S.A.: Recent Contract Wins
Table 11: IAR S.A. Brasov.: Alliances
Table 12: IAR S.A. Brasov: Recent Contract Wins
Table 13: Simultec S.R.L.: Recent Contract Wins
Table 14: Turbomecanica S.A.: Recent Contract Wins
Table 15: Intelcan Technosystems, Inc.: Recent Contract Wins
Table 16: S.C. Eurocopter Romania SA: Recent Contract Wins

LIST OF FIGURES

Figure 1: Romanian Defense Market Size and Forecast (US$ Billion), 2006–15
Figure 2: Romanian Defense Expenditure Allocation for Capital and Revenue Expenditure (%), 2006–15
Figure 3: Romanian Capital Expenditure (US$ Billion), 2006–15
Figure 4: Romanian Revenue Expenditure (US$ Billion), 2006–15
Figure 5: Romanian Defense Expenditure as a Percentage of GDP, 2006–15
Figure 6: Romanian Per Capita Defense Expenditure (US$), 2006–15
Figure 7: Romanian Defense Break-up (%), 2006–15
Figure 8: Romanian Defense Budget Allocation for Defense Related Expenditure (US$ billion), 2006–15
Figure 9: Romanian Defense Budget Allocation for National Security and Miscellaneous Expenditure (US$ billion), 2006–15
Figure 10: Romanian Homeland Security Budget (US$ Billion), 2006–15
Figure 11: Romanian Homeland Security Budget Breakdown (%), 2006–15
Figure 12: ICD Research Intelligence Terrorism Heat Map, 2010
Figure 13: ICD Research Intelligence Terrorism Index, 2010
Figure 14: Benchmarking with Key Global Markets: Historical vs. Expected Defense Budget Growth
Figure 15: Defense Expenditure of Countries with the Largest Global Military Expenditure (US$ billion), 2010 and 2015
Figure 16: Defense Expenditure as a Percentage of GDP of Countries with the Largest Military Expenditure (%), 2010
Figure 17: Romanian Defense Imports (US$ Million), 2006–10
Figure 18: Romanian Defense Imports by Country (US$ Million), 2006–10
Figure 19: Romanian Defense Imports by Country (%), 2006–10 and 2010
Figure 20: Romanian Defense Imports by Category (%), 2006–10 and 2010
Figure 21: Romanian Defense Exports (US$ Million), 2006–10
Figure 22: Romanian Defense Exports by Country (%), 2006–10
Figure 23: Romanian Defense Exports by Category (%), 2006–10
Figure 24: Industry Dynamics - Porter’s Five Forces Analysis
Figure 25: Aerostar S.A.: Revenue Trend Analysis (RON Million), FY2005–09
Figure 26: Aerostar S.A.: Operating Profit Trend Analysis (RON Million), FY2005–09
Figure 27: Aerostar S.A.: Net Profit Trend Analysis (RON Million), FY2005–09
Figure 28: IAR S.A. Brasov: Revenue Trend Analysis (RON Million), FY2005–09
Figure 29: IAR S.A. Brasov: Operating Profit Trend Analysis (RON Million), FY2005–09
Figure 30: IAR S.A. Brasov: Net Profit Trend Analysis (RON Million), FY2005–09
Figure 31: Turbomecanica S.A.: Revenue Trend Analysis (RON Million), FY2005–09
Figure 32: Turbomecanica S.A.: Operating Profit Trend Analysis (RON Million), FY2005–09
Figure 33: Turbomecanica S.A.: Net Profit Trend Analysis (RON Million), FY2005–09
Figure 34: Romanian Industrial production Index, 2009–10
Figure 35: Bucharest Stock Exchange Market Capitalization (US$ Billion), 2003–10
Figure 36: Romanian FDI Inflows (US$ Million), FY2003–09
Figure 37: Romanian GDP at Constant Prices (US$ Billion), 2003–15
Figure 38: Romanian GDP Per Capita at Constant Prices (US$), 2003–15
Figure 39: Romanian GDP at Current Prices (US$ Billion), 2003–15
Figure 40: Romanian GDP Per Capita at Current Prices (US$), 2003–15
Figure 41: Romanian GDP Split by Key Segments (%) 2003 and 2008
Figure 42: Romanian Agricultural Net Output at Current Prices (RON Billion), 2003–15
Figure 43: Romanian Agricultural Net Output at Current Prices (US$ Billion), 2003–15
Figure 44: Romanian Agricultural Net Output at Current Prices as a Percentage of GDP (%), 2003–15
Figure 45: Romanian Manufacturing Net Output at Current Prices (RON Billion), 2003–15
Figure 46: Romanian Manufacturing Net Output at Current Prices (US$ Billion), 2003–15
Figure 47: Romanian Manufacturing Net Output at Current Prices as a Percentage of GDP (%), 2003–15
Figure 48: The Romanian Mining, Manufacturing and Utilities Net Output at Current Prices (RON Billion), 2003–15
Figure 49: Romanian Mining, Manufacturing and Utilities Net Output at Current Prices (US$ Billion), 2003–15
Figure 50: Romanian Mining, Manufacturing and Utilities Net Output at Current Prices as a percentage of GDP (%), 2003–15
Figure 51: Romanian Construction Net Output at Current Prices (RON Billion), 2003–15
Figure 52: Romanian Construction Net Output at Current Prices (US$ Billion), 2003–15
Figure 53: Romanian Construction Output at Current Prices as a Percentage of GDP (%), 2003–15
Figure 54: Romanian Crude Steel Production (Million Metric Tons), 2003–15
Figure 55: Romanian Crude Oil Consumption (Million Tons), 2003–15
Figure 56: Romanian Inflation Rate (%), 2003–15
Figure 57: Romanian Fiscal Balance as a Percentage of GDP(%), 2003–09
Figure 58: Romanian Current Account Balance as a Percentage of GDP (%), 2003–09
Figure 59: Romanian Exports as a Percentage of GDP (%), 2003–15
Figure 60: Romanian Imports as a Percentage of GDP (%), 2003–15
Figure 61: Romanian Exports Growth (%), 2003–15
Figure 62: Romanian Imports Growth(%), 2003–15
Figure 63: Romanian Annual Average Exchange Rate US$–RON, 2003–09
Figure 64: Romanian End of the Period Exchange Rate US$–RON, 2003–09
Figure 65: Romanian Airports and Sea Ports (Number of), 2009
Figure 66: Romanian Railways and Roadways (Kilometers), 2009
Figure 67: Romanian Passenger Vehicle Production (Units), 2003–15
Figure 68: Romanian Commercial Vehicle Production (Units), 2003–15
Figure 69: Romanian Automotive Components Exports (US$ Billion), 2003–15
Figure 70: Romanian Automotive Components Imports (US$ Billion), 2003–15
Figure 71: Romanian Passenger Car Penetration (per 1000 people), 2003–15
Figure 72: Romanian Total Installed Capacity for Electricity Generation (Million Kilowatts), 2003–15
Figure 73: Romanian Installed Capacity for the Generation of Conventional Thermal Electricity (Million Kilowatts), 2003–15
Figure 74: Romanian Electricity Production (Billion Kilowatts Hours), 2003–15
Figure 75: Romanian Installed Capacity for the Generation of Hydroelectricity (Million Kilowatts), 2003–15
Figure 76: Romanian Installed Capacity for the Generation of Renewable Electricity (Million Kilowatts), 2003–15
Figure 77: Romanian Electricity Consumption (Billion Kilowatt Hours), 2003–15
Figure 78: Romanian Electricity Exports (Billion Kilowatts Hours), 2003–15
Figure 79: Romanian Electricity Imports (Billon Kilowatts Hours), 2003–15
Figure 80: Romanian Healthcare Expenditure (US$ Billion), 2003–15
Figure 81: Romanian Healthcare Expenditure as a Percentage of GDP (%), 2003–15
Figure 82: Romanian Per Capita Healthcare Expenditure (US$), 2003–15
Figure 83: Romanian Internet Subscriptions (Millions), 2003–15
Figure 84: Romanian Broadband Internet Subscriptions (Millions), 2003–15
Figure 85: Romanian Personal Computer Penetration Rate (per 100 people), 2003–15
Figure 86: Romanian Mobile Phone Penetration (%), 2003–15
Figure 87: Romanian R&D Expenditure as a Percentage of GDP (%), 2003–15
Figure 88: Romanian Size of Labor Force in 15–59 Age Group (Million), 2003–15
Figure 89: Romanian Unemployment Rate (%), 2003–15
Figure 90: Romanian Annual Disposable Income (US$ Billion), 2003–15
Figure 91: Romanian Annual Per Capita Disposable Income (US$), 2003–15
Figure 92: Romanian Consumer Expenditure on Food (US$ Billion), 2003–15
Figure 93: Romanian Annual Per Capita Consumer Expenditure on Food (US$), 2003–15
Figure 94: Romanian Total Population (Million), 2003–15
Figure 95: Romanian Urban and Rural Population (%), 2003–15
Figure 96: Romanian Female Percentage of Population (%), 2003–15
Figure 97: Romanian Male Percentage of Population (%), 2003–15
Figure 98: Romanian Mean Age of Population (Years), 2003–15
Figure 99: Romanian Median Age of Population (Years), 2003–15
Figure 100: Romanian Population Density (per Square Kilometer), 2003–15
Figure 101: Romanian Population Distribution by Age (%), 2003–15
Figure 102: Romanian Male Population Distribution by Age (%), 2003–15
Figure 103: Romanian Female Population Distribution by Age (%), 2003–15
Figure 104: Romanian Households, Number of (Million), 2003–15
Figure 105: Global Terrorism Heat Map, 2009
Figure 106: Romanian Transparency Index, 2003–09


COMPANIES MENTIONED

CN Romarm SA, S.C. Uzina Mecanica Cugir S.A., Aerostar S.A., Electromagnetica SA, Avioane Craiova S.A., Elprof S.A., IAR S.A., IOR S.A., Simultec S.R.L, Turbomecanica S.A., Intelcan Technosystems Inc., S.C. Eurocopter Romania SA Skip to top