Otokar finalizes Automecanica takeover in Romania, prepares local production of COBRA II vehicles Turkish defense manufacturer Otokar completed the acquisition of a majority stake in AUTOMECANICA SRL and its production facility in Mediaș, marking one of the largest foreign investments in Romania's defense industry in recent years. The company said the move will support the local production of COBRA II armored vehicles ordered by the Romanian military. Otokar announced that it finalized the acquisition of 96.77%... Sursa: Romania Insider https://www.romania-insider.com/otokar-finalizes-automecanica-deal-romania-june-2026