Iveco Defence Vehicles Inaugurates New Plant in Romania

13.04.2021 Europe
Iveco Defence Vehicles Inaugurates New Plant in Romania

Iveco Defence Vehicles Inaugurates New Plant in Romania

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Iveco Defence Vehicles celebrated the opening of the new Romanian plant. After the groundbreaking ceremony held in August 2020 in Petresti (DB), Romania, the new production plant has rapidly been built and the production ramp-up has already started in February thanks to a solid industrial partnership. The inauguration took place on 09 April.

In December 2019, Iveco Defence Vehicles signed an order with the Romanian Ministry of National Defence as part of a framework agreement, which includes the delivery of more than2,900 high mobility trucks. Some months later, in August 2020, the groundbreaking ceremony was held in the Romanian automotive district Petresti (Dambovita), Romania.

The pandemic has been a challenge to the entire supply chain in Europe but the Company's commitment to the Romanian Ministry of National Defence is solid: construction works have been rapidly completed and the new assembly line dedicated to the National Armed Forces is now ready to be operative.

President of the Senate Anca Dana Dragu, President of the Chamber of Deputies Ludovic Orban, Minister of Energy Virgil-Daniel Popescu, General Secretary of the Ministry of National DefenceGeorgeta Gavrila and His Excellency the Ambassador of Italy Marco Giungi were present at the opening ceremony.

Claudio Catalano, Iveco Defence Vehicles’ CEO, who was attending the ceremony as well, stated:“Our collaboration with Romania, which dates back to 2015, is today fully strengthened: this inauguration reveals how our strong commitment continues, including important local investments and collaborations”.

According to the contract, series production of the vehicles is expected to begin in short with an estimated productive capacity of up to 440 units per year, counting also on the production support of Iveco Defence Vehicles’ Italian plants.

Iveco Defence Vehicles is a brand of CNH Industrial N.V., a World leader in Capital Goods listed on the New York StockExchange (NYSE: CNHI) and on the Mercato Telematico Azionario of the Borsa Italiana (MI: CNHI). Iveco DefenceVehicles is dedicated to delivering innovative automotive and protection solutions to meet the needs of military customers worldwide.

The company manufactures specialist logistic, protected and armoured vehicles in its facility in Bolzano in northern Italy, as well as marketing Iveco’s full commercial range, adapted as necessary to meet the demands of themilitary user. In consequence, Iveco Defence Vehicles has a full range of vehicles to meet a broad spectrum of defence applications.

CNH Industrial N.V. (NYSE: CNHI /MI: CNHI) is a global leader in the capital goods sector with established industrial experience, a wide range of products and a worldwide presence. Each of the individual brands belonging to the Company is a major international force in its specific industrial sector: Case IH, New Holland Agriculture and Steyr for tractors and agricultural machinery; Case and New Holland Construction for earth moving equipment; Iveco for commercial vehicles; Iveco Bus and Heuliez Bus for buses and coaches; Iveco Astra for quarry and construction vehicles; Magirus for firefighting vehicles; Iveco Defence Vehicles for defence and civil protection; and FPT Industrial for engines and transmissions.



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