Indian carmaker Tata Motors is negotiating investment in Cluj

Indian carmaker Tata Motors is currently negotiating with local authorities in Cluj its entry on the Romanian market via an investment in the Tetarom 3 industrial park in Jucu.

 “The Cluj county council is in discussions and negotiations with the representatives of Tata Motors for opening an investment. These discussions will continue over the next period. The representatives of the company have already visited the Tetarom 3 Industrial Park. I cannot offer information regarding the value of the investment or the estimated number of jobs,” said Alin Tise, president of the Cluj county council for Mediafax newswire.

 Other two companies, De’ Longhi and Bosch have previously announced their presence in Tetarom 3 industrial park.

 Tata Motors has annual revenues of EUR 20 billion and includes over 90 companies with activities in IT&C, engineering, services, energy, FMCG and chemicals.

Otilia Haraga

Read more about

Early Game invests 1 million Euro as a pre-seed investment round in CogniSync

read more