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.
Romania's president Nicusor Dan invited magistrates' bodies and government officials to agree on November 12 on a compromise form for the magistrates' pensions law that would not be referred to the Constitutional Court (CCR) but would be legislated quickly, such as to meet the November 28 deadline set under the National Recovery and Resilience Plan […]
The number of positions in each of the local administration units (including those vacant at this moment) will be cut by 30% under an agreement reached by the ruling coalition on November 11, development minister Cseke Atilla announced. This would result in an overall 10% reduction in the number of employees in the local administration […]
Bucharest remains at the forefront of Romania’s real estate market, attracting the highest transaction volumes and consolidating its role as the country’s main investment hub. North Bucharest Investments reports €161 million in transactions by the end of October and expects a 25% increase by year-end. In October 2025, a total of 58,502 properties were sold […]
Nine hospitals that lost funding from Romania's National Recovery and Resilience Plan (PNRR) because they could not be completed on time will be financed through the Health Program 2021–2027 (EU4Health programme 2021-2027), which is also from European funds. The EU4Health money for Romania was initially designed to be used for additional investments in the medical […]
Banca Comercială Română (BCR), part of Austria’s Erste Group, announced it successfully completed a new local bond issue worth RON 1.125 billion (some EUR 225 million), further expanding its base of eligible liabilities. The bonds will be listed on the Bucharest Stock Exchange. It is the 13th bond issue issued by BCR, and the bank […]
French Tech Bucharest is proud to announce the fourth edition of its flagship event, Inspiring Women in Business, taking place on November 14th, 2025, at the Romanian-American University (1B Expoziției Boulevard, Bucharest), starting at 18:30, with free entrance. This renowned event will celebrate exceptional women who are shaping the businesses through transformative times, sharing their […]
