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Turkish Otokar to take over Romanian military vehicles producer Automecanica for EUR 85 mln
['Romania Insider']
Romania Insider
Otokar previously set up a 50:50 joint venture with Automecanica (SAROM) to produce Cobra II armoured vehicles, and the deal announced on January 28 means the Turkish company would take over the entire business.
"It is intended that the activities planned within the tender for 4×4 armoured vehicles will be carried out directly through Automecanica," the representatives of the Turkish group stated.
Automecanica, the company to be purchased by Otokar, should not be confused with the former Automecanica Mediaș, purchased in 2024 by the German company Rheinmetall, currently registered as Rheinmetall Automecanica.
Automecanica (originally Automecanica Mediaș) is the Romanian company responsible for the local production of the Cobra II armoured vehicles, under the umbrella of the SAROM 50:50 partnership formed in 2025 with Turkish Otokar, Defense Romania explained.
Here, Otokar transferred technology, from know-how to machinery, to start the production of 4x4 Cobra II armoured vehicles.