ELECTRONICS: Bosch to Build Auto Electronics Technology Plant in Romania
Thursday, May 10th, 2012
Germany's Bosch Group has announced plans to build a manufacturing plant at Cluj-Napoca, Romania, where it will develop and manufacture automotive electronic control units. Construction of the 77 million euros ($ 99.7 million) plant is slated to begin in the second quarter of 2012 and manufacturing is scheduled to begin in mid-2013.
The plant will occupy 38,000-sq-meters and will employ about 340 people in manufacturing and development. The company said the site could be expanded further in the future.
The new plant will become part of Bosch's Automotive Electronics division, which manufactures electronic control units, semiconductors, and sensors. The division has 17 manufacturing sites around the world and employs 20,000 people.
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