Boc called on the Finance minister to prepare a new financial aid scheme to support small and medium sized enterprises and analyze all requests for financial aid to carry out investments and create new jobs.
The prime minister pointed out that Romania needs new jobs and must grant financial aid to support investments.
Local television Transilvania L!VE said recently Bosch will open a car part production facility in Jucu, northwestern Romania, an investment worth EUR60 million.
Industrial Park Tetarom general manager Viorel Gavrea told Transilvania L!VE that, apart from Italian home appliances manufacturer De Longhi SpA, which will buy the Nokia factory in Cluj, Bosch will also start an investment in Tetarom III that will create about 2,000 new jobs.
The contract with Bosch has been completed and will be signed after the Finance Ministry approves some paperwork, said Gavrea.
Bosch will build its production facility on 21 hectares in Industrial Park Tetarom III, where Nokia’s plant was also located, and investments might exceed EUR60 million. The plant will produce electronic components for cars starting this year, said Gavrea.
Cluj County Council president Alin Tise said recently the council was in advanced negotiations with a new investor, whose name he did not reveal.
Also, household appliances producer De’Longhi will buy Nokia’s Jucu-based factory, having signed an agreement to this end with the Finnish communications company. This transaction will need to be approved by the Competition Council; the two companies expect it to be completed in the first quarter of this year. De’Longhi will invest EUR30 million in its Romanian plant to produce household appliances, and will create up to 1,000 new jobs.
In September 2011, Nokia announced it was ceasing production in Cluj and selling its facility.
Bosch has been operating on the Romanian market since 1994 and owns five companies locally: Robert Bosch, BSH Electrocasnice, Bosch-Rexroth, Blaj-based plant Bosch-Rexroth Romania and Bosch Communication Center in Timisoara.
Robert Bosch SRL posted turnover of RON249.5 million (about EUR59 million) in 2010, according to Finance Ministry data.
German group Bosch registered turnover of EUR47.3 billion in fiscal year 2010. The German company invests over EUR3.8 billion in development and research yearly.