The Bosch Group is planning to invest EUR77m to build a new plant in Cluj-Napoca, Romania, to develop and produce automotive electronic control units.
First phase construction is scheduled to start in the second quarter of this year, while production is expected to commence in mid next year.
The new Cluj-Napoca plant will cover about 38,000sqm and by the end of next year the company plans to hire around 340 associates.
The new centre is assigned to the Automotive Electronics division, which produces electronic control units, semiconductors, and sensors for use in automotive technology and other areas.
In Bucharest, the company has a sales division for power tools, thermotechnology, security systems, and automotive aftermarket products, and it runs a communication center in Timisoara.
While in Blaj, Romania it has a manufacturing facility for linear-motion technology, which is currently being expanded to include manufacturing operations for automotive technology.