Huawei to invest up to EUR 300mln and boost headcount in Romania by 2018

Newsroom 24/03/2014 | 15:39

Huawei intends to up the value of its investments in Romania and grow its headcount in the country up to 1,000 employees, the management of the company after the meeting with Romanian vice-prime minister Liviu Dragnea, who is currently making an official visit in China until March 26, quoted by Ziarul Financiar.

In Romania, Huawei currently has over 800 employees.

“Huawei is decided to up the investments in Romania and has planned that by 2018, it will grow the number of employees to approximately 1,000, of which 70 percent will be Romanian. It will thus provide, directly and indirectly more positions,” said the manager of the company.

At the end of last year, the Chinese telecom company announced it would invest in research and education programs in Romania, and set up a regional center in Bucharest, after the government committed to support these investments.

The Romanian government approved a Memorandum with Huawei Technologies Co. Ltd. which stipulates that the Romanian executive will grant “the necessary support for expanding commercial activities to Huawei, but also received Huawei’s commitment to making local investments in the future.”

Huawei opened a Global Services Center was in June 2012 following a total investment of EUR 6 million, with the target to cater for operators in the pan-European region. The center is fourth largest in the world, after the Huawei centers in China, India and Mexico.

Within the Global Service Center located in the Lakeview Building in Bucharest, there is also the company’s R&D center.

Otilia Haraga

 

 

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