Otokar's shares rose on the stock exchange after it submitted the only commercial offer to equip the Romanian Army with armored vehicles.
Petru Nicolaescu
Current Affairs
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Otokar recorded a rise in its shares on the stock exchange after it was the only company to submit a commercial bid in the tender organized for the Romanian Army's equipment of light tactical armored vehicles. The program run by the Ministry of National Defense has a value of 4.58 billion lei excluding VAT and aims to purchase 1,059 4x4 vehicles in nine configurations.
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