Acasă » General Interest » Romania loses yet again VW for Bulgaria or Turkey

Romania loses yet again VW for Bulgaria or Turkey

14 April 2019
General Interest
Bogdan Tudorache

Although Romania was on the VW list for a new factory, it appears that it lost again, this time for Bulgaria or Turkey.

Two weeks ago it became clear that only two countries remained in the race for the new Volkswagen plant in Eastern Europe. Now there is clarity about who they are. According to the German news agency dpa, quoted by Handelsblatt, the election has been reduced to Bulgaria and Turkey, reports money.bg

The final choice, however, is not yet done, and after Easter there is a meeting of the Supervisory Board of the automotive giant on the topic. According to previous publications in the German media, the decision to locate the new production will be taken in May, according to novinite.com.

For some analysts, however, the visit by German President Frank-Walter Steinmeier, which ended last week, is a sign of tilting the scales in favor of Bulgaria. One of the largest German daily newspapers, Sueddeutsche Zeitung, titled the review of his trip, „It’s All Not Random,” summing up his signals. During his stay he visited two cities that are in the race for a Bulgarian location for the factory – Sofia and Plovdiv.

However, it should be noted that during his official visit to Bulgaria, the German president (almost) did not comment on the subject, and his remarks remained vague.

Autor: Bogdan Tudorache

Active in the economic and business press for the past 26 years, Bogdan graduated Law and then attended intensive courses in Economics and Business English. He went up to the position of editor-in-chief since 2006 and has provided management and editorial policy for numerous economic publications dedicated especially to the community of foreign investors in Romania. From 2003 to 2013 he was active mainly in the financial-banking sector. He started freelancing for Energynomics in 2013, notable for his advanced knowledge of markets, business communities and a mature editorial style, both in Romanian and English.

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