Bosch said the planned investment reaches EUR77 million in the first phase of construction works until the end of 2013. Construction works are to begin in the second quarter of 2012 and manufacturing is set to begin in mid-2013. It also said the new facilities will stretch onto nearly 38,000 square meters and will employ around 340 people until the end of 2013. In the years that follow, the location is to be further expanded.
The new facilities will be part of the Automotive Electronics division, which produces electronic control units, semiconductors and sensors for the automotive industry and other areas. The division has 17 manufacturing facilities units worldwide and employs around 20,000 people.
The Bosch Group currently has three locations in Romania. It has a sales company for power tools, thermo-technology, security systems, and automotive aftermarket products in Bucharest, a communications center in Timisoara and in Blaj, it has a manufacturing facility for linear-motion technology, which is currently being expanded to include manufacturing operations for automotive technology. Bosch employs some 1,400 people in Romania.
In February, the Cluj County Council approved a contract with Bosch for the opening of a car part factory in the county, in the Tetarom III Industrial Park in Jucu.
Cluj county council chairman Alin Tise on Tuesday said Romania’s Finance Ministry has approved state aid of nearly EUR30 million for Bosch, which will allow the company to set off investments in Tetarom III. Tise also said the state aid consists of tax exemptions, rescheduling or lower taxes for import-export operations, adding Bosch plans to hire around 2,000 people gradually.