Economic Indicators
Turkey’s Armored Vehicles Accelerate to Romania: Otokar Expands Production Capabilities in Mediaș
724FinanceFatih Kılıç
Otokar, Turkey’s leading defense industry player, has begun delivering 1 059 COBRA II armored vehicles from its newly established production facility in Mediaș, marking the first full-scale production center in Europe.
Mediaș’s New Steel Heart: Otokar’s European Factory
Employment Surge: Approaching 400 New Jobs
Double‑Digit Growth: 2026 Plan
Financial Ripples: Cost, Margin and Currency Risk
Otokar’s expansion in Mediaș is a strategic milestone for Turkey’s defense sector. It not only delivers 1 059 armored vehicles but also strengthens the regional production ecosystem. The employment boost and technology transfer create long‑term growth and competitive advantage, making this development a key watch for market participants.