Otokar to manufacture armored vehicles in Romania under JV deal
Turkish land systems manufacturer Otokar has entered into a joint venture (JV) agreement with Romanian defense company Automecanica to manufacture Otokar Cobra II 4x4.
Turkish land systems manufacturer Otokar has entered into a joint venture (JV) agreement with Romanian defense company Automecanica to manufacture Otokar Cobra II 4x4.
Under the contract, a large number of COBRA II 4x4 vehicles will be manufactured locally in Romania.

DS Smith, the producer of packaging solutions, is investing over €14 million in its Romanian production infrastructure.
Romania recorded the most significant increase in industrial electricity costs across the EU during H2 2025, according to data released by Eurostat.
The International Finance Corporation (IFC), a member of the World Bank Group, has signed an agreement with Vienna Insurance Group (VIG) to acquire approximately 10% of the shares of Carpathia Pensii, a Romanian private pension company.
Romania's Ministry of Finance has launched a public consultation for the TechUp Romania funding scheme, designed to support investments in research and development of advanced technologies with production capabilities.
Visual Fan has entered the shareholding of Solbess, a company active in electricity production.