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According to foreign media news, the Romanian government revealed in an e-mail that the Bosch Group is currently considering investing 77 million euros (approximately US$ 101 million) to build a new plant in Romania.
It is reported that Bosch Romania's new plant will be built near Cluj-Napoca and the Romanian government will provide government assistance when Bosch raises funds to build a factory. After meeting with representatives of the Bosch Group, Romanian Prime Minister Emil Boc stated that the government supports all investments that are beneficial to the region.
A spokesperson for the Bosch Group declined to provide details on the project to build a new plant in Romania. It said only that the negotiations with the Romanian government have not yet come to an end.
About Bosch:
The Bosch Group is one of Germany's largest industrial companies and is engaged in the automotive technology, industrial technology and consumer goods and construction technology industries. When Robert Bosch founded the company in Stuttgart in 1886, he positioned the company as a "factory of precision machinery and electrical engineering." The Bosch company, headquartered in southern Germany, employs more than 230,000 people in over 50 countries. Bosch is famous for its innovative and cutting-edge products and system solutions.