Otokar to acquire Automecanica in Romania majority stake
Otokar to acquire its industrial partner Automecanica shifting from a mandatory JV model to ownership to strengthen local production execution and oversight.
Romania News
Otokar to acquire its industrial partner Automecanica shifting from a mandatory JV model to ownership to strengthen local production execution and oversight.
Otokar facing a TRY 2bn penalty in a Romanian 4x4 programme highlights how harsh contract clauses can deter bidders and risk delaying capability delivery.
Otokar has agreed to pay compensation over schedule delays in its Romania COBRA II 4X4 armoured vehicle contract; deductions to come from 2025 revenues.
Türkiye marks an unofficial Maritime Day with a rare concentration of naval milestones, combining export deliveries, newbuilds and commissioning ceremonies.
This article discusses how Romania needed naval modernisation but pursued EU-driven policies instead of choosing Türkiye’s proven, cost-effective solution.
Romania has signed an agreement with Turkiye to acquire its Hisar Class Offshore Patrol vessel Akhisar to perform light corvette missions in the Black Sea.
Türkiye’s ASFAT completes its first-ever warship export to a NATO–EU member as Romania commissions the Akhisar, classified as a light corvette vessel.
The former HMS Pembroke entered service with the Romanian Navy as Kaptan Constantin Dumitrescu, bolstering NATO mine countermeasure capacity in the Black Sea.
HAVELSAN and Karel signed a strategic partnership agreement at IDEF 2025 to strengthen Romania's defence sector by working together on high-tech solutions.
The Romanian MoD stated to journalists that the Turkish Hisar-class OPV TCG Akhisar (P-1220) will be acquired to fill the gap of a modern patrol ship quickly.
Otokar delivers the first 14 COBRA II 4x4 vehicles to Romania, which undergoes local systems integration as part of a broader defence industrial partnership.
Otokar will deliver the first batch of the Cobra II 4x4 vehicles produced in Turkiye to Romania in the fourth quarter of 2025, following the large-scale order.
Otokar strengthens its local footprint through a joint venture and prepares to offer the TULPAR IFV in Romania’s next-generation tracked vehicle programme.
Otokar has established a joint venture with Romania’s Automecanica S.A. to manufacture COBRA II vehicles, marking Turkiye’s largest armoured export deal.