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Electronics Production | February 03, 2012

Bosch plans new Romanian factory

Bosch plans to invest 77 EUR million in a new factory in Romania.
The announcement came via an email statement from the Romanian government. According to the statement, the government said it will grant state aid to Bosch in order to help finance the factory which will be located near Cluj-Napoca city.

“The government is open to support all investments that create jobs,” Prime Minister Emil Boc said in the statement. “I am glad Bosch has chosen Cluj to expand its operations in Romania, especially after Nokia closed down its factory in the area.”

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Source: Bloomberg

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