Romanian media: Daimler wants to open factory in Romania


German car maker Daimler is reportedly planning to open a factory in Romania, according to 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 already signed. The PM 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.

Romania is already home to two large international car makers, Renault and Ford, both of which entered the market by taking over existing production facilities.

Adapted from Romania-Insider

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