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December 3, 2021
BUSINESS

BMW: Plant in Romania ruled out

German Chancellor Angela Merkel’s visit to Bucharest has raised hopes concerning a possible German investment in the local auto industry. According to the rumors that surrounded the visit, Romania would have benefited from a significant BMW investment, ‘Gandul’ daily informs. BMW officials responded briefly by saying that opening a plant in Romania is out of the question, especially given the group’s policy to concentrate its European production within Germany, with two exceptions: Spartanburg, USA, and Steyr, Austria. “Romania is undoubtedly becoming an ever more important country for auto manufacturers and this is particularly important for the economy. However BMW’s policy until now has been to concentrate its European production in Germany,” Alex Seremet, BMW Group Romania representative, stated. Vali Peter, deputy director Tetarom Cluj, stated for ‘Ziarul Financiar’ that BMW did not contact him in connection to a possible investment in Tetarom’s industrial parks. “We are negotiating with some investors, however the talks focus on small plots of land, in the conditions in which the Tetarom III park, where Nokia is conducting its activity, still has a surface of 45 hectares available for rent,” he added.


Nevertheless, Constantin Stroe, president of the Association of Automotive Manufacturers in Romania (ACAROM), stated that a German company could open a plant in Transylvania, ‘Romania Libera’ informs.

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