Bosch group stated sales worth EUR 188 million in Romania in 2011, representing a growth of 17 percent over the previous year. At Cluj and Blaj, the company announced it would reach investments worth EUR 120 million , to be distributed by the end of 2013, according to Brigitte Eble, GM of Robert Bosch.Following these investments, the plant at Blaj will be expanded with a new production line and also, a new production facility will be opened at Cluj, where the company plans to produce driving electonic units for cars. The new facility is worth EUR 77 million investments and the first development stage and the production is estimated to start somewhere in the middle of 2013. The new production facility will comprise buildings of 38,000 sqm. At the beginning of 2012, Bosch numbered 1,300 employees in Romania, a 14 percent growth compared with the total registered in 2010. By the end of 2013, following the expansion of production units, the company will employ 50 more people, to reach 2,000 employees. Also, by 2014, Bosch will invest 43 million for purchase new production equipments and execution workings.
Related posts
-
Transylvania Today: Bucharest has one third of Romania’s university graduates
Most graduates of higher education institutions in Romania live in Bucharest (33 percent), Cluj-Napoca (11 percent),... -
Transylvania Today: Ikea prepares expansion on Romanian market
This is the best time for Ikea’s expansion in Romania, Ikea Group CEO Jesper Brodin said,... -
Transylvania Today: Romania could fall into recession following the electoral cycle
Romanian economy could fall into recession at the beginning of 2021, following the electoral cycle, due...