Bosch is officially opening the third production facility in Cluj, within the factorywhere electronic control units for electric vehicles are produced. The investment for the 34,500 sq m facility amounted to 55 million euros, says the German company. The factory was opened eight years ago and the total investments totaled over 450 million euros. The new building has a total built area of 34,500 square meters. The factory in Cluj currently employs over 3,100 people and this number is expected to increase. At its plant in Cluj, Bosch has been producing electronic control units since 2013, such as airbag units, multiple camera systems, driving assistance and electronic control units for eBike. The total investment, since the factory opened in 2013, amounts to over 465 million euros. The Bosch Group has a production unit in Cluj, a development center that also works in the field of autonomous cars, in Blaj it has two production units for linear technology and one dedicated to the automotive industry, and in Timi?oara there is a communication center. Bucharest is home to a distribution company for power tools, heating systems, security, safety and communications systems, as well as car equipment. In addition, BSH Bosch und Siemens Hausgerate GmbH has a branch in the Capital.
The shares of four other companies listed on the Bucharest Stock Exchange (BVB) will be included in the MSCI Frontier, MSCI Romania, MSCI Frontier IMI and MSCI Romania IMI. Romania will thus have 30 listed companies part of the MSCI indices as of June 1, 2024. The shares of telecom group Digi Communications (DIGI)...
DP World announced on May 15 the opening of three new sites in Romania, following total investments of over EUR 130 million. The company said the projects aim to provide “a significant boost to the country’s growing status as a key hub of European trade.” Thus, Constanta, the largest container port on the Black Sea, […]
Measuring the confidence of Romanian managers and entrepreneurs in the local economy for over 4 years, the results of the 10th edition of the CONFIDEX study highlight the optimism, resilience, and adaptability of the Romanian business environment. According to the CONFIDEX study from the first semester of this year, the proportion of managers who declare […]
Alternative investment fund BT Property said on May 15 that it acquired Funshop Park Turda, Cluj county, from the Polish group Scallier. The transaction marks the fund's entry into the retail market, where it aims to expand. Funshop Park Turda retail park has over 9,000 sqm of leasable area and BREEAM-certified buildings, according to international standards. BT Asset […]
Attractive Romania/România Atractivă was launched this week with the aim of offering local and foreign tourists a new tool to explore the country. The multimedia platform includes 12 thematic routes in 35 counties, listing 275 landmarks to discover. The program, with a value of over RON 36.3 million, is part of the National Recovery and Resilience […]
It’s a packed agenda this week, with film festivals, art and jewelry fairs, events for foodies, the start of the light and music show at Bucharest’s Unirii fountains, and an anniversary but slimmed-down edition of the Night of Museums. The public in Iași can attend the events of the Romanian Creative Week, while theater fans […]
