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Talks with Daimler to open a new investment in Romania

The government is in talks with Daimler regarding the possibility that the German car manufacturer, which already owns two factories on the domestic market, to expand their investments in Romania.

“They (ed. note Daimler) have already an investment in Romania that has received a state aid from the Ministry of Finance, creating jobs. There is a possibility that the current investors, including Daimler, to expand their businesses in Romania”, Fin Min Anca Dragu said in a radio show at Europa FM.

Asked if there is something signed, Dragu said that, at this point, are just talks.

German auto concern Daimler has two entities in Romania –  Star Transmission and Star Assembly – manufacturing car parts and assembling gearboxes respectively.

Earlier this week, the production of new Mercedes-Benz 9G – TRONIC nine-speed automatic transmission was officially kicked off at Daimler’s plant in Sebes, Alba county.

After exactly two years and following an investment of EUR 300 million of the Daimler German carmaker, the Star Assembly subsidiary starts the production of new Mercedes-Benz 9G – TRONIC nine-speed automatic transmission. The Romanian state joined the investment, offering EUR 37.4 million.

Daimler currently employs over 1,800 people at the two sites operated by its Romanian subsidiaries.

About Anca Bernovici