The Romanian government is currently in talks with two large companies active in the automotive sector to get them to invest in Romania, economy minister Costin Borc has said.

He added that he can’t provide additional information because the decisions are not final and could be affected by early disclosures, reported romania-insider.com citing Economica.net.

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more

The two companies are both active in the car parts manufacturing sector but one is from Europe and one from outside the continent. However, the minister said that it was important for Romania to develop Romanian subcontractors, both for the current investors in the automotive sector, namely Renault and Ford, as well as for the third one.

Romania missed an investment of the German car producer Daimler this year, due to its poor road infrastructure. The group finally decided to build its EUR500m Mercedes engine plant in Poland.

Just Auto Excellence Awards - The Benefits of Entering

Gain the recognition you deserve! The Just Auto Excellence Awards celebrate innovation, leadership, and impact. By entering, you showcase your achievements, elevate your industry profile, and position yourself among top leaders driving automotive industry advancements. Don’t miss your chance to stand out—submit your entry today!

Nominate Now