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Schoenherr Advises Otokar on USD 1 Billion Armoured Vehicles Contract with Romanian Army

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Schoenherr has advised Otokar on a USD 1 billion public contract with Romanian state company Romtehnica, an entity of the Ministry of National Defence.

Otokar is a Turkish land systems company. According to Schoenherr, the contract awarded following a public tender involves the supply of 1,059 Cobra II 4×4 tactical wheeled light armored vehicles and integrated logistics support services. The first 278 vehicles will be manufactured in Turkiye, with the remainder produced in Romania.

The Schoenherr team included Partner Iustin Armasu, Managing Director Tax Adriana Stoian, Senior Attorney at Law Valeria Stropsa, and Attorney at Law Iulia Giurgea.

Schoenherr at a Glance

Schoenherr is a leading full-service law firm providing local and international companies stellar advice that is straight to the point. With 15 offices and 4 country desks Schoenherr has a firm footprint in Central and Eastern Europe. Our lawyers are recognised leaders in their specialised areas and have a track record of getting deals done with a can-do, solution-oriented approach. Quality, flexibility, innovation and practical problem-solving in complex commercial mandates are at the core of our philosophy.

Firm's website: www.schoenherr.eu