Bucharest, 6 November 2025 – Wolf Theiss has advised Rheinmetall, a leading international systems supplier in the defence industry, on a joint venture for a state-of-the-art ammunition powder plant in Brașov County.
The joint venture was formalised on 3 November 2025 during an official signing event, which was attended by senior representatives of Rheinmetall alongside the Prime Minister and other Romanian government officials.
The EUR 500 million project will significantly expand European powder manufacturing capacity, strengthen NATO’s eastern flank, and create over 700 high-skilled jobs in Romania’s defence industrial base. Construction is scheduled to begin in 2026, with production expected to commence within two years.
Rheinmetall is a leading international systems supplier for defence and security technology, providing innovative solutions to armed forces worldwide. The company focuses on delivering advanced, reliable capabilities across munitions, weapons systems and military technology.
Pirochim Victoria, established in 1936 by the Romanian state with German expertise for the production of smokeless powder, brings longstanding industrial capabilities and infrastructure to the joint venture. The new plant will modernise and expand Romania’s legacy production, reduce dependence on external sources of critical inputs, and accelerate Europe’s rearmament efforts through targeted, EU-supported investment.
Rheinmetall was advised by Wolf Theiss Partner Bryan Jardine and Counsel Cornelia Postelnicu on corporate and regulatory matters. Partner Anca Jurcovan advised on FDI and merger clearance matters.
About Wolf Theiss
Founded in 1957, Wolf Theiss is one of the leading law firms in Central, Eastern and South-Eastern Europe (CEE/SEE). We have built our reputation on unrivalled local knowledge which is supported by strong international capabilities. With 400+ lawyers in 13 countries and a central European hub in Brussels, over 80% of the firm’s work involves cross-border representation of international clients.
Austria, Albania, Bosnia and Herzegovina, Brussels, Bulgaria, Croatia, Czech Republic, Hungary, Poland, Romania, Serbia, Slovakia, Slovenia and Ukraine, Wolf Theiss represents local and international industrial, trade and service companies, as well as banks and insurance companies. Combining law and business, Wolf Theiss develops comprehensive and constructive solutions on the basis of legal, fiscal and business know-how.
For further information please contact:
Adina Deaconu
Wolf Theiss
Attorneys-at-Law
4 Vasile Alecsandri Street
The Landmark, Building A, District 1, 010639
Bucharest, Romania
T +40 21 308 81 00
E adina.deaconu@wolftheiss.com
W wolftheiss.com
