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Electronics Production |
Bosch receives Romanian state aid
Germany's Bosch Rexroth has received a state aid worth EUR 16.6 million from Romania's Finance Ministry.
Bosch will – with the state aid – finance a EUR 33 million investment in order to expand the company's facility in Blaj, in central Romania. The investment is expected to generate some 568 new jobs, according to a report in romania-insider.com.
Bosch facility in Blaj manufactures components for the auto industry and employs roughly 800 people.