Bosch sets up production unit in Jucu, with approximately EUR 60mln investment

German car parts manufacturer Bosch will open a production unit at Jucu, as announced by Viorel Gavrea, general manager of Tetarom industrial park.

 Gavrea confirmed for a local television channel the rumors that have been circulating for the past few weeks in the media regarding the intentions of Bosch.

 The investment of the German company should create approximately 2,000 new work places.

 “The contract with Bosch is completed and now we are waiting for it to be signed, after a certain file is approved by the Ministry of Finances,” said Gavrea for the Transilvania L!VE television channel.

 He explained that Bosch will set up its production facilities on 21 hectares in the Tetarom III industrial park, which also included the Nokia production unit, where it will manufacture electronic components for cars. Investments made by the German producer could reach EUR 60 million, which is approximately the same investment made by Nokia into the production unit at Jucu.

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 Bosh is a group that posted a turnover of EUR 47.3 billion in the fiscal year 2010 and has 283,500 employees.

Otilia Haraga