Bosch reportedly abandons plans for household appliance factory in Romania
<p>BSH Hausgeräte, a group including the Bosch and Siemens brands, will reportedly sell the 44-ha plot of land purchased in Romania at Simeria, close to the border with Hungary, in 2018 when the group was pondering the idea of a EUR 110 million&nbsp;household appliance factory.</p>

<p>Bosch will put up for sale the 44-hectare land in Romania, on which it has cultivated cereals in recent years, according to <a href="https://www.zf.ro/business-construct/romania-cultiva-porumb-polonezii-fac-masini-spalat-grupul-german-22722973?mc_cid=9fbca18710&amp;mc_eid=cd1f92f96c" rel="noopener" target="_blank">Ziarul Financiar</a>.</p>

<p>The German group previously said that due to economic conditions and strategic planning, Bosch does not see the need for new production capacities in Europe.&nbsp;</p>

<p>In the meantime, the construction site for a new production unit in Poland was inaugurated, with construction to be completed in 2026. The German group is thus consolidating its operations in Poland, where it will build a new, larger factory for the company under a EUR 144 million project.</p>

<p>"The lack of professionals among local authorities, scarce guidance in obtaining state aid but particularly the lack of fiscal predictability contributed to large investors preferring Poland," according to a real estate market consultant quoted by Ziarul Financiar.</p>

<p><em>iulian@romania-insider.com</em></p>

<p><em>(Photo source: the company)</em></p>