Acasă » General Interest » Economics&Markets » Emerson increases its investments in Cluj

Emerson increases its investments in Cluj

27 August 2020
Economics&Markets
Bogdan Tudorache

Emerson, a global technology, engineering and production company based in the USA, is expanding its investments and presence in Cluj-Napoca, Romania.

Emerson recently signed a 10-year lease for a space in a newly built site, Urbano Parks, where the company’s Appleton business unit will be moved. Appleton is currently operating in the Emerson Cluj location in the Tetarom II industrial park. The new leased site for Appleton includes approximately 6,000 square meters of office and production space, providing more space than the current one.

“By relocating Appleton to the new location, we offer a newer and larger space to meet the needs of Appleton customers. At the same time, we want to prepare the space vacated after the move for future opportunities to grow the business”, said Alina Negru, general manager of Emerson Cluj.

The relocation of the Appleton headquarters will start in October and it is estimated that it will be finalised by the end of 2020. All Appleton Cluj employees will be transferred to the new location. Appleton is a global manufacturer of electrical components and lighting products for industrial and hazardous environments.

Emerson has over 2,700 employees in Cluj-Napoca, and the total value of the investments Emerson has made in Cluj since 2006 is of $150 million.

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.

Leave a Reply

Your email address will not be published. Required fields are marked *