Czech Tesla Abands Plans for a EUR 90 Million Factory in Romania
Tesla Abandons Energy Storage Factory Project in Brașov, Potential Economic Impact for Romania
In a recent announcement, Tesla, a Czech-based company, has revealed the abandonment of a planned energy storage factory project in Brașov, Romania. The project, initially valued at €90 million, was intended to be a significant investment for the region.
The energy storage factory was slated to be built in Brașov, with the project receiving state aid. However, due to its abandonment by Tesla, the factory was not completed, and this development may have economic implications for the city.
The reasons behind Tesla's decision to abandon the project remain unspecified in the report. The responsible party for the cancellation has also not been publicly identified. It's worth noting that the announcement was made to both the government and local authorities.
The potential loss of this project may also affect the planned state aid for the project. The project's abandonment is a development in the story reported by Romania Insider, and it was initially announced by G4media.ro.
For those interested in reading the full report, it can be accessed by becoming a Romania Insider member or signing in (if you are already a member). This news serves as a reminder of the potential impact that changes in large-scale investment projects can have on local economies.
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