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Hanwha Aerospace Romania has initiated construction of the Hanwha Armoured Vehicle Centre of Excellence (H-ACE) in Petreşti, Dâmboviţa. This facility will produce K9 howitzers and K10 ammunition supply vehicles, aiming to create up to 2,000 jobs and strengthen Romania's defense industrial base. The project supports Romania's ambition to be a European defense production hub and aligns with NATO and EU security goals.