Bosch Rexroth

Type
Business expansion
Country
Romania
Region
Macroregiunea Unu; Centru; Alba
Location of affected unit(s)
Blaj (Centru region, Alba county)
Sector
Manufacturing
(28) Manufacture of machinery and equipment
28 - Manufacture of machinery and equipment n.e.c.
28 - Manufacture of machinery and equipment n.e.c.
300 jobs
Number of planned job creations
Job creation
Announcement Date
16 June 2005
Employment effect (start)
Foreseen end date
31 December 2007

Description

The German company Bosch Rexroth will invest €10 million to set up a manufacturing machine-tools components factory in Blaj (Centru Region, Alba county), set to start production in 2007. Company officials disclosed only the barest details: the factory will have 300 employees, a 40,000 square metres location and will manufacture profiled steering slides.

Bosh representative office in Romania was set up in 1994 and totals €40 million of annual sales. Products range from portable electric tools to central heating units for flats and houses.

Worldwide, the Bosch group reported a turnover of over €40 billion in 2004.

Sources

  • 16 June 2005: Ziarul Financiar
  • 16 June 2005: Curentul
  • 16 June 2005: Gandul
  • 16 June 2005: Economistul

Citation

Eurofound (2005), Bosch Rexroth, Business expansion in Romania, factsheet number 61840, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/61840.