Ooni Koda
  1. Home
  2. /
  3. Newsfeed
  4. /
  5. Bosch to continue expanding its operations in Romania

Bosch to continue expanding its operations in Romania

January 5, 2023

The Bosch Group is one of the biggest investors in Romania’s automotive industry, with both its manufacturing sites and engineering centre having seen steady development over the years. Business Review talked to Mihai Boldijar, the General Manager of Robert Bosch S.R.L. and the representative of the Bosch Group in Romania, Vice-president with regional responsibilities to get some insight into the company’s plans.   Romania is a strategic market for the Bosch Group, which invested approximately EUR 700 million here between 2005 and 2021. Last year alone we made investments that reached EUR 83 million, mainly in the development of our production units in Cluj and Blaj. In parallel, we recorded encouraging financial results, which allowed us to continue with the business development process. The successful outcome was made possible by the extraordinary engagement and resilience of our associates, as together we’ve managed to overcome many major challenges.   Bosch’s investments in Romania are considerable and they underline the Group’s commitment to this country. In 2021, we inaugurated a third production plant in Cluj, where we manufacture electrical control units. The Bosch Engineering Centre in Romania has started the construction of a new office building in Cluj-Napoca, which will be completed next year, following an investment of EUR 21 million. In addition, we’ve extended the Bosch Engineering Centre in Bucharest and we currently have more than 1,200 employees across all the sites of the engineering centre, out of a total of approximately 8,800 in Romania, all involved in state-of-the-art technology projects.   The increased prices of raw materials and energy have affected the entire economy. We have implemented several energy efficiency projects within the Bosch units in Romania, including solutions for energy consumption monitoring, replacing old lighting with LED technology, using motion and brightness sensors, and installing solar panels. The annual average energy generated by this system is 8,252 MWh, enough to cover the needs of approximately 4,000 households. The savings are important and we are taking the first steps towards energy independence. The total investment in solar panels amounts to more than EUR 5 million, and the project in our plant in Cluj is among the biggest in the country considering the total power installed on the roof.   We plan to continue our investment and development plans in 2023, as our commitment to Romania is very strong. At the moment, we have hundreds of open positions within our organisation and we want to expand our teams with professionals who adhere to the values of the Bosch Group. We also continue to support young people who are just starting out their careers with over 1,000 opportunities available for juniors, young graduates, and students. We will also continue our partnerships with the top universities in the country. Last but not least, there will be further development in our production units and engineering centre.     There are several important development directions in the automotive industry, and I am happy to say that Bosch is one of the market leaders in terms of innovation. We are systematically adjusting our Mobility Solutions business segment to areas of future importance such as electromobility, automated driving, and future electronics architectures. At the Engineering Centre in Cluj, we are already working on a series of interesting projects, and in the future we intend to continue to grow in terms of the number of projects and our skills as well as take on more responsibility in several areas. For example, in Cluj we develop software for electric cars, such as control units for battery management or cloud-based services to increase battery life and performance. In addition, we continue to invest in AIoT solutions, which represent a combination of AI and IoT.  

The text of this article has been partially taken from the publication:
http://actmedia.eu/companies/bosch-to-continue-expanding-its-operations-in-romania/101103
Read in full - click here
Head of Romanian Orthodox Church highlights “united voice of Christians” in message to pope Leo XIV

The Patriarch of the Romanian Orthodox Church, Daniel, congratulated Pope Leo XIV for succeeding Pope Francis on Thursday, May 8. He expressed confidence that the new pope will continue to promote "the spirit of dialogue, peace, and cooperation between the Roman Catholic Church and the Orthodox Church." "In a world facing multiple spiritual, economic, and […]

Organizers of Romania’s Untold festival offer RON 150 voucher for voters

The organizers of the Untold festival announced they will offer a RON 150 (EUR 30) voucher toward the purchase of a festival pass to anyone who votes on May 18, during the second round of the presidential elections. In an online message, Untold representatives emphasized the connection between civic participation and the future of every […]

Bucharest's Open Streets program brings vintage cars, shows, lights festival this weekend

The Open Streets program, which sees the city's major arteries close for car traffic and become pedestrian areas, returns this weekend with a program of exhibitions, concerts, and a Festival of Lights. On Saturday, May 10, at 2:00 p.m., the public is invited to the Made in Romania exhibition, which presents a selection of civilian […]

Stimulating exports eases deficits, Nobel-awarded economist Joseph Stiglitz says at event in Romania

Joseph Stiglitz, the famous economist and professor at Columbia University in New York, and winner of the Nobel Prize in economy in 2001, told an audience in Cluj, Romania, that governments must stimulate exports and key sectors when facing deficits.  Stiglitz was in Romania on Thursday, May 8, to receive the title of Doctor Honoris […]

Romania's Constitutional Court validates results of presidential elections' first round

The Constitutional Court unanimously validated on Friday, May 9, the results of the first round of the presidential elections.  It also rejected as unfounded a request to annul the elections filed by Sebastian-Constantin Popescu, the presidential candidate of the New Romania Party, it announced. The runoff, set for May 18, will see ultranationalist leader George […]

Olea - Middle’terranean breeze seasonality reopens with an elevated dining experience

Bucharest's culinary scene welcomes back OLEA, the JW Marriott Bucharest Grand Hotel's celebrated Mediterranean destination, now reimagined with a fresh concept that blends authentic coastal flavours with contemporary sophistication. Following an extensive transformation, OLEA reopens its doors to offer guests a refined journey through the Mediterranean's sun-drenched culinary traditions, right in the heart of Romania's […]