Intel opens Romanian office

Intel, the world’s largest chipmaker, is due to open its Romanian office today, though more extensive investments will be taking place in other countries. It announced that it has chosen Russia in which to expand its R&D activity. The Financial Times even reports that Intel will be hiring no less than 600 engineers currently working at various Russian technology ventures. This move will more than double its research and development activities in that country. Meanwhile, today saw Intel’s opening of its representative office in Romania in Bucharest. “The market saw very strong growth last year and we feel the need to be in direct contact with our clients,” Piotr Pagowski, Intel’s manager for SE Europe, had suggested some time ago. He did not rule out the opening of production facilities in Romania at some point, but said there are no short-term plans in this regard. ZF