The factory is set to have 750 employees by the end of the year.

Dirk Hoheisel, member of the Bosch board of management, , told a news conference the new plant is a major pillar for the company and will strengthen the company’s production and development in Europe.

“The new location in Romania is an important pillar for Bosch and will strengthen our European manufacturing and engineering network. Moreover, localizing more of our manufacturing in Eastern Europe will help us increase our competitiveness,” Hoheisel said.

The company invested more than EUR70 million in the new factory, which stretches onto 38,000 square meters. Employee numbers are set to increase from the current 325 to 750 by the end of the year.

The factory is part of Bosch’s automotive electronics, which comprises 13 production units worldwide.

In Romania, Bosch is present in four cites – Bucharest, Blaj, Cluj, and Timisoara, where it employs 1,700 people.