The company will also continue to expand its factories in Cluj and Blaj. Due to the “considerable uncertainties” caused by the global coronavirus pandemic and the war in Ukraine, the company has a “reserved forecast” for its Romanian business in 2022.
The company will be hiring in 2022, mainly in research and development, production and services.
Bosch also said it will continue the expansion of its Engineering Center in Bucharest and of the production capacity at the factories in Cluj and Blaj in 2022.
Bosch invested over EUR700 million in Romania between 2005 and 2021, with a total EUR83 million in 2021.
Bosch ended the fiscal year 2021 with consolidated sales of RON2.4 billion (EUR494 million) in Romania, up almost 10% on the year.
Total net sales of RON8.2 billion (EUR1.7 billion) in Romania, including sales of non-consolidated companies and domestic deliveries to affiliated companies, saw an annual increase of 19%.