The contract will be sent to the Ministry of Finance to approve state aid for Bosch.
Cluj county council chairman Alin Tise said, following new negotiations with company officials, the lease on the plot in the Tetarom III industrial park was extended from 49 to 99 years.
The factory’s staff of 2000 will be hired through specialized recruitment firms, in two stages – one beginning this year and the second in 2013-2015.
Bosch’s investment is worth EUR77 million and will create 300 jobs for starters. The company will build its production facility on a 215,000-sqm plot of land in the Tetarom III Industrial Park in Jucu, Cluj, paying EUR21,500 per year for the lease.