Daimler to open factory in Romania

Interview

German car maker Daimler is reportedly planning to open a factory in Romania, according to business paper Ziarul Financiar, quoting sources on the local market. The news comes after Prime Minister Victor Ponta recently said a prestigious German car maker was to open a factory in the country, with a memorandum of understanding (MoU) already signed. The prime minister did not mention the name of the company. The investment would be somehow unexpected, as in 2008, Daimler chose Hungary over Romania as the site of a new car factory. The factory in Romania however would be dedicated to producing car parts, according to Romanian media.

Hungary Gasoline Prices 3% Over Regional Avg Energy Trade

Hungary Gasoline Prices 3% Over Regional Avg

Gov't Wants Sustainable Business Model for Magyar Posta Government

Gov't Wants Sustainable Business Model for Magyar Posta

120,000 Guest Workers Employed in Hungary HR

120,000 Guest Workers Employed in Hungary

Budapest Airport Wins 'Best Airport in Eastern Europe' for 1... Awards

Budapest Airport Wins 'Best Airport in Eastern Europe' for 1...

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.