Ford Confirms Bid for Craiova auto assembly plant in Romania

Ford Confirms Bid for Craiova auto assembly plant in Romania

Ford has confirmed that they have submitted a bid for the Craiova auto assembly plant in Romania.

The company has submitted their documents to the Romanian Authority for State Assets Recovery.

Ford of Europe President and CEO John Fleming confirmed the reports in the market in a statement: “We are pleased to confirm that we have submitted our bid to purchase the Romanian auto plant in Craiova. Although it is too early to discuss specifics of our proposal, we believe it offers the best combination of financial, technological and environmental commitments under which Ford would turn the Craiova facility into a highly innovative world-class manufacturing complex with significant employment opportunities.”

He added: “If we are successful in our bid, we would expect to expand and improve the Craiova manufacturing operations, increase employment and attract additional suppliers to the area.”