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. Nokia started production in Cluj in February 2008, following an investment of EUR60 million.
The Government also announced Thursday it will grant state aid to Germany’s Bosch, which wants to invest EUR77 million in a production unit in Jucu.