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.
Nearly nine in ten Romanians expect to spend less or no more than last year on Christmas shopping, according to a new survey by tbi bank that highlights the impact of rising prices on household budgets ahead of the winter holidays. The nationwide poll, conducted in October on a sample of 1,011 respondents, shows that […]
A total of 77% of homeowners who answered a survey by ING and Ipsos said they implemented measures in the past three years to improve energy efficiency. The need to save on energy bills was the main driver of household modernization, the survey showed. Most respondents (62%) said they did so to reduce energy costs, […]
The Romanian Constitutional Court (CCR) has ruled that a series of tax increases, including higher levies on housing, land, cars based on pollution norms, and stock market gains, may take effect starting January 1, 2026, Biziday.ro reported. The Court rejected a challenge filed by the opposition party AUR against the government’s fiscal reform law, on […]
A major animal-welfare campaign is happening in Iași this weekend, where one of Romania’s biggest charitable events dedicated to shelter animals will take place this Saturday, December 13. Now in its 18th edition, Ai cumva o păturică? (Do you happen to have a blanket?) aims to expand nationally starting in 2026. This year’s event begins […]
Cluj-Napoca, in western Romania, will host next year the first edition of the Central European Olympiad in Artificial Intelligence (CEOAI), an annual competition for secondary school students, Edupedu.ro reported. The event will be held from July 14 to July 19, 2026, at Babeş-Bolyai University in Cluj. The...
Romania has issued more than 217,000 temporary protection permits to Ukrainian citizens since the start of the war, while a total of 4,534 Ukrainians have applied for asylum in the country, according to data released by the General Inspectorate for Immigration (IGI) and quoted by Agerpres. The IGI reported that between...
