Bosch to invest EUR 120 mln in Romania by mid-2013

The German Bosch Group will invest EUR 120 million by 2013 in a new car component factory in Cluj and extending manufacturing facilities at its Blaj factory, almost doubling the number of employees to 2,000, after local sales rose 18 percent to EUR 188 million last year.

Bosch will make a EUR 77 million greenfield investment in the Cluj plant, covering 38,000 sqm. The production of electronic command units for the automotive industry will start in mid-2013 and employ 340 people in production and development. The plant will be expanded by 2018, when around 1,600 people will be working there.

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