Ford will spend EUR200m at its Romanian plant in Craiova, targeting capacity for 250,000 cars a year, Ziarul Financiar reported.

A report on said Ford in 2018 built 150,000 cars and 300,000 engines in Craiova, and was Romania's second largest exporter after Renault's Dacia.

"Ford has transformed the Romanian plant into one of the most modern in Europe. We are Romania's second-biggest exporter, and the story does not end here," Andrew McCall, vice president of Ford Europe's government relations, was quoted as saying.

Ford used the former Daewoo factory initially to build the Transit and Tourneo Connect, from 2002 to 2013, the B-Max MPV from 2012 to 2017 and then started assembling the previously Indian sourced EcoSport in 2012.