Bosch inaugurated the second office building built within the Engineering Center in Cluj, following an investment of approximately 21 million euros, over a period of three years. The total investment, started in 2017, in the two buildings of the center in Cluj amounts to over 50 million euros. The new building, whose construction began in March 2021, has a built-up area of approximately 10,000 square meters, divided over ten floors, and is connected to the existing headquarters by two walkways. A year ago, Bosch announced that it will expand to Sibiu the research and engineering division. The Engineering Center has 1,400 employees in Cluj, and this year the construction of a ten-story building will be completed where work began in 2021. The Center operates in areas such as software, hardware and mechanical engineering, reliability engineering and quality validation, but also in the mobility sector. The factory in Jucu, Cluj county, registered growth in 2022, producing, compared to last year, 12 percent more electronic control units for airbags, multi-camera systems and for driving assistance. A new building was built at the Blaj factory. In 2018, Bosch bought a 44 ha plot of land in Simeria, to invest 110 million euros in a washing machine factory. A year later, the company announced that it would no longer make the factory, because there was no longer such a high demand in the market for these devices.
Aon Romania, part of the global group Aon plc, draws attention to the urgent need for structured solutions to protect trade receivables in an economic context characterized by high volatility and geopolitical uncertainty. The subject was central to the discussions at TRADE CREDIT TALKS - Receivable Protection in the Age of Volatility, where business leaders […]
Bucharest’s shopping centres posted mixed financial results in 2024, with major discrepancies between the city’s largest malls and mid-sized retail centres, according to financial analysis platform RisCo.ro. The data shows contrasts in profitability and turnover, as well as significant losses among some of the capital’s biggest retail projects. AFI Cotroceni recorded the highest turnover of […]
Nearly nine in ten Romanians expect to spend less or no more than last year on Christmas shopping, according to a new survey by tbi bank that highlights the impact of rising prices on household budgets ahead of the winter holidays. The nationwide poll, conducted in October on a sample of 1,011 respondents, shows that […]
A total of 77% of homeowners who answered a survey by ING and Ipsos said they implemented measures in the past three years to improve energy efficiency. The need to save on energy bills was the main driver of household modernization, the survey showed. Most respondents (62%) said they did so to reduce energy costs, […]
The Romanian Constitutional Court (CCR) has ruled that a series of tax increases, including higher levies on housing, land, cars based on pollution norms, and stock market gains, may take effect starting January 1, 2026, Biziday.ro reported. The Court rejected a challenge filed by the opposition party AUR against the government’s fiscal reform law, on […]
A major animal-welfare campaign is happening in Iași this weekend, where one of Romania’s biggest charitable events dedicated to shelter animals will take place this Saturday, December 13. Now in its 18th edition, Ai cumva o păturică? (Do you happen to have a blanket?) aims to expand nationally starting in 2026. This year’s event begins […]
