Siemens to invest more into Romanian R&D opps

After finishing the Cluj Napoca 4.5 million euro investment last year, Siemens keeps on hiring more and more personnel for its Cluj and Brasov ITO centers, says George Costache, CEO Siemens for Romania.

Besides investments into technology refurbishment, electricity and automatization, Siemens gets more out of Internet of Things (IoT).

"In the B2B sector we have to deal more and more with IoT, which will change the industry significantly," says Costache.

"We expect the software and database segments to grow globally by 7-9% by 2020, while other industries will register more modest growths…We will hire a few hundreds more people into Brasov and Cluj R&D centers, that create software applications for worldwide clients," says Costache.

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"IoT and digitalization are happening now, and Siemens has refocused its businesses in industry and infrastructure accordingly. Now, data models are being built, simulating testing prototypes into a virtual world, and saving time and money," says Bernhard Kienlein, head of Process Industries and Drives, Siemens Austria & CEE.

Siemens has about 1,700 employees in Romania. The holding will also invest million euros into a new Sibiu-based rail car parts factory, which will be ready by the first half of next year.

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