Romania: Turkish Otokar to take over Romanian military vehicles producer (…)

January 29, 2026

Turkish Otokar to take over Romanian military vehicles producer Automecanica for EUR 85 mln
Jan 29, 2026

Turkish Otokar to take over Romanian military vehicles producer Automecanica for EUR 85 mln.

The Turkish company Otokar announced that it is consolidating its presence in Romania and signed a memorandum of understanding (MoU) for the acquisition of 96.77% of the share capital of Automecanica, a Romanian manufacturer with a long tradition in the defence industry, according to (…)

[Read the article in Romania-Insider]

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