Czech industrial group Tesla confirmed that it will open this year the power storage devices factory in eastern Romania, at Braila, where it expects to reach an annual production capacity of 2GWh and a turnover of EUR 1 billion.

Tesla Group entered the Romanian market through the company Tesla Energy Storage in 2022 and plans to inaugurate the factory in Brăila this year, according to information advanced by the company. In this factory, Tesla will produce electric energy storage batteries, systems for the residential, commercial and industrial areas, including batteries for electric cars. The investment in the production unit exceeds 450 million lei. Tesla is hiring a director at the Brăila factory, who will contribute to the company’s goal of generating revenues of 1 billion euros at the production unit in Brăila.

Currently, Tesla is recruiting for the position of director of the Brăila factory, according to the recruitment announcement.

Tesla Energy Storage was registered with the Trade Register on May 18, 2022. The company operates in the field of production of accumulators and batteries and is owned by Tesla Global SE from the Czech Republic with 75% of the share capital and Marijnen Johannes Antonie Marinus – with 25% of the company. The total investment planned by Tesla in Romania through the company Tesla Energy Storage exceeds 450 million lei, according to the Ministry of Finance.