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.