Romania vies with other countries in the region for new Siemens plant

Autor: Roxana Petrescu 13.01.2011

Germany's Siemens is looking at the Romanian market with a view to expanding its production capacities as the exports of equipment manufactured by the almost 1,000 people working in the giant's plants in Sibiu and Buzia[ were the only business segment that saw growth last year.


Siemens owns four production centres domestically, which last year merged generating a single entity. According to statements by the company's representatives, the process was achieved without any layoffs.
"Last year, the only segment that posted large increases against 2009 was manufacturing. We have around 1,000 people on the manufacturing segment, now grouped in a single entity, making equipment for markets such as Germany or Austria. Owing to this favourable trend, we're mulling the expansion of Romanian production capacities for 2011," stated Cristian Seco[an, general manager of Siemens.
He did not provide further detail on this issue, specifying no decision had been made yet as the domestic market was competing with other neighbouring states.