The name of the carmaker that reportedly plans to invest $1 billion in a new plant in Romania is being kept secret by local authorities.
Despite speculation that Tata Motors is negotiating the takeover of a former Nokia plant in Cluj county, Romania, officials from the Cluj county council are keeping secret the name of the investor. However, a Cluj county council spokesman we contacted by phone told us he was surprised to read reports of Tata Motors investing in the Tetarom 3 industrial park located 11 miles north of the city of Cluj-Napoca.
The official told us the investor is a much larger company than the plant’s former owner, Nokia, and it is not based in Europe. At first, the spokesman strongly denied the county council is negotiating with Tata Motors, but then he said: “I can neither confirm nor deny the reports”. Tata Motors could not be reached for comments.
The Tetarom 3 industrial park has already seen a massive investment from auto parts supplier Robert Bosch, which has started production in Cluj county last week. The production facility makes electronic command units for the auto industry. German company Karl Heinz Dietrich, a Bosch logistics partner, also announced plans to set up shop in Tetarom 3.
Both Bosch and KHD were attracted by the local infrastructure, which includes a motorway and an airport that is being enlarged.
by Dan Mihalascu
) - Wednesday, January 30th, 2013 - filed under Industry
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