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April 23, 2021
BUSINESS

Bosch invests EUR 77 M in Cluj-based auto factory

The German group Bosch plans to build at Cluj-Napoca, Romania, a production and development centre that will manufacture electronic command units for the auto industry, reads a press release. The first phase will consist in the construction of the facility, until the end of 2013, with investments worth EUR 77 M. Construction works will start in the second quarter of 2012 and the production process is planned to begin at the middle of 2013. The new centre will cover a total area of approximately 38,000 square metres. Until the end of next year, some 340 employees will already work here, in production and research, and the facility will expand in the following years. In terms of organisation, the new centre will be part of the Automotive Electronics division that produces electronic command units, semiconductors and sensors for the automotive industry and other sectors. The division has 17 production units and about 20,000 employees globally. Meanwhile, the Finance Ministry approved the state aid for Bosch, worth some EUR 30,000, so the German group can start to invest at the Tetarom III industrial park of Jucu, according to the president of the Cluj County Council, Alin Tise. The state aid consists in tax exemptions, reductions or rescheduling for import-export operations.

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