Tuesday, May 20, 2008

Daimler Considering Factory in Cluj, Romania, Financiar Says

By Adam Brown

May 20 (Bloomberg) -- Daimler AG is considering building a Mercedes car factory in the northern Romanian city of Cluj or the western city of Timisoara, Ziarul Financiar reported.

Mercedes production in Romania could total 350,000 cars a year starting in 2011, the newspaper said, citing unidentified people. An investment of that size would make Daimler the biggest car producer in Romania.

To contact the reporter on this story: Adam Brown in Bucharest at abrown23@bloomberg.net

No comments: