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.
Romanian deep-tech startup .lumen, the developer of what it says are the world’s first AI-powered glasses for the blind, has secured a new investment from EIT Urban Mobility, the European innovation community focused on advancing sustainable and inclusive urban mobility solutions. The value of the new funding round was not disclosed. The investment aligns with […]
The health spending per capita in Romania was the lowest in the EU, with spending less than half the EU average in 2023, the recently released report, State of Health in the EU - Romania Country Health Profile 2025, shows. At the same time, life expectancy in Romania is 5.1 years below the EU average, […]
Romania’s annual inflation rate stood at roughly 9.8% in November 2025, similar to October, according to data published by the National Institute of Statistics (INS). Food prices increased by 7.6% last month, while services rose roughly 11% and non-food goods climbed 10.7%. The consumer price index rose by 0.42% in November compared with October, while […]
Three French soldiers deployed in Romania as part of NATO’s Multinational Battle Group at Cincu intervened to save a truck driver following a serious traffic accident on the A3 Bucharest–Ploiești motorway, the Romanian Ministry of Defense said. The incident occurred earlier this week as the soldiers were traveling toward Ploiești and witnessed the truck crash...
Eight contemporary art galleries will present the works of the artists they represent at the third edition of the Smallest Art Fair in Town, an event dedicated to works on paper. This edition showcases works “investigating the state of wandering, disorientation, and rediscovery in the face of uncertainty.” Under the title In Dark Woods, A […]
Parents everywhere are asking an important question: What skills will truly prepare a child for a world defined by rapid change, global uncertainty, and the rise of artificial intelligence? For decades, schools focused entirely on academics. Today, research from neuroscience, performance psychology, and leading universities shows a different reality: The students who thrive long-term are […]
