3.8 C
Bucharest
December 6, 2022
BUSINESS

CJ Cluj approves contract with Bosch

The Cluj County Council (CJ) approved yesterday, with unanimity of votes, the contract with German company Bosch in view of opening a car parts factory within the Tetarom III Industrial Park of Jucu, Mediafax reports.

The president of CJ Cluj, Alin Tise said yesterday, at the end of the extraordinary meeting dedicated to analysing the contract with Bosch, that the concession over the plot of land granted to the German investor has been extended from 49 to 99 years, following negotiations. “The contract stipulates that Bosch will pay damages to CJ Cluj for two years, or will bring another investor if it leaves before the agreed term. Investments are split into phases and, through the investments they will make, the two phases will spread over a 7-year interval. There is no concrete obligation, but the way the investment was proposed hints to 7 years,” Tise said. The head of CJ Cluj explained that Bosch will recruit its future Jucu employees through specialised firms. “In the first phase, they will hire some people this year, while the second phase will begin next year and will end in 2015. There will be 2,000 employees in total,” Tise added.

Related posts

Oltenia Energy Plant could list 15 pc of the company shares on the stock exchange

Nine O' Clock

PSD proposes to eliminate the lump tax starting on September 1

Test

Euro reaches the minimum of the last eight months – RON 4.1383

Test