Chinese state-owned telecom company ZTE is currently in discussions to open a training center in Romania, followed by a production line for telecom equipment, according to Lorian Vintila, ZTE Romania Operation and Strategy Manager. The training center would require initial investments of EUR 2.7 million , which would eventually reach EUR 55 million.

Discussions between ZTE and the communication ministry in Romania started in January this year and the project could be initiated in November or December the latest, according to Vintila. The training center would initially cater to 200 students in Bucharest, then it would be expanded to other university centers in Romania.

Romania's Economy Minister Ion Ariton this week visited ZTE's production line in Shenzhen. Ariton is part of a group of Romanian Government representatives lead by Prime Minister Emil Boc, on an official visit to China this week. Ariton will stay in China until August 16. So far, the Economy Minister has also paid a visit to Huawei, a company which is also active in Romania.

ZTE Corporation is a publicly-listed global provider of telecommunications equipment and network solutions operating in more than 140 countries. It has been active in Romania since 2003.

editor@romania-insider.com