Turkish military land systems manufacturer Otokar is opening a subsidiary in Romania called Otokar Land Systems SRL, after winning a massive contract on the local market late last year. Otokar, Turkey’s leader in the export of such land systems, won the Romanian Ministry of Defense’s tender for 1,059 4×4 armored vehicles. In November, Otokar and Romtehnica, the latter representing the Ministry of National Defense, signed a multi-year contract worth 4.26 billion lei (approximately 857 million euros) for the supply of 1,059 COBRA II light armored tactical 4×4 vehicles to the Romanian Ministry of National Defense. According to the contract, the majority of the COBRA II 4×4 vehicles will be manufactured locally in Romania. On November 27, 2024, Otokar signed the contract by which the Romanian Ministry of National Defense awarded the company the supply of 1,059 COBRA II light armored tactical 4×4 vehicles at a value in Euro equivalent of approximately 857 million excluding VAT. According to the contract, the first 278 COBRA II light armored tactical 4×4 vehicles will be produced in Turkey, and the remaining 781 will be manufactured in Romania. Deliveries are planned to be made in batches over 5 years, starting with the last quarter of 2025. The tender also includes some integrated logistics support services, in addition to the 1059 light armored tactical 4×4 vehicles. Otokar submitted, on March 20, 2024, the bid in the procurement procedure for light armored tactical 4×4 vehicles, initiated by the company C. N. Romtehnica S.A., as a representative of the Ministry of National Defense. Following the successful completion of the qualification, technical evaluation, testing and evaluation stages of the financial offer, on October 4, 2024, Otokar was notified that it had been declared the winner of the procurement procedure. The COBRA II 4×4 tactical armored vehicle, produced by Otokar, is actively used by over 20 users in 13 countries.
On November 20th, 2025, the Bucharest Stock Exchange (BVB) celebrated 30 years since its reopening, organizing a series of anniversary events along with various representatives of the Romanian capital market. Three decades ago, the first transactions took place on the BVB, and the Romanian investment landscape as we know it today began to take shape. […]
With the holidays just around the corner, we’ve created the new Collection of Boromir Infused Cozonac with natural vanilla syrup and pistachio. Unique, slightly moist, and richly filled, our latest assortments of Boromir Infused Cozonac make every festive moment with your loved ones even more special. Each bite melts in your mouth, bringing warmth, comfort, […]
Romanian airline AnimaWings announced on Friday, November 21, that starting in 2026, it will operate five new air routes from Timișoara International Airport, serving holiday destinations in Italy and Greece. The new connections include Athens (ATH), Olbia – Sardinia (OLB), Kefalonia (EFL), Thessaloniki (SKG), and Kavala (KVA). “We want Timișoara to become a reference point […]
President Nicușor Dan promulgated a law establishing October 29 as Queen Marie Day, following the bill’s adoption by the Chamber of Deputies on October 28, news agency Agerpres reported. The new law designates the date as a day dedicated to commemorating the life and historical contribution of Queen Marie of Romania. On October 29, public […]
Horaţiu Potra, the mercenary leader with alleged ties to Russia who previously fled Romania, was placed under preventive arrest for 30 days after his extradition from Dubai. He is investigated for attempted actions against the constitutional order, violation of the regime of weapons and ammunition, and violation of the regime of explosive materials. The same preventive […]
Nicușor Dan is the political figure in whom Bucharest residents have the most trust, according to a survey by INSCOP Research. The former mayor, now head of state, is followed by prime minister Ilie Bolojan. More precisely, 44.2% of the total sample state that they have quite a lot or very much trust in Nicușor […]
