German auto-parts maker Bosch Engineering has opened a second automotive technology manufacturing plant in Cluj, Romania with investment of more than €70m.
The auto-parts maker's new facility will produce electronic components and control units that will be used in driver assistance, safety systems as well as for energy management in vehicles across the European automotive industry.
Located about 450km northwest of Bucharest, the new facility has a total floor space of 38,000m2 for industrial use and will employ a total of 750 workers at the location.
Bosch management board member Dirk Hoheisel said the new location in Romania is an important pillar for the company and will strengthen European manufacturing and engineering network.
"Moreover, localizing more of our manufacturing in Eastern Europe will help us increase our competitiveness," Hoheisel added.
"It was the access to well-qualified engineers and the opportunity to work actively with the excellent local universities that were decisive factors in choosing this location."
The new plant is part of Bosch's Automotive Electronics division, which develops and manufactures electronic control units, semiconductors, and sensors for the automotive industry.
