On April 1, 2005, Infineon will found a regional company in Bucharest, Infineon Technologies Romania GesmbH, as a subsidiary of Infineon Technologies Austria AG. A Development Center specializing in power semiconductors with analog and digital functions will be set up in the Romanian capital. Key applications will be in the automotive area. The new Development Center will strengthen the research community in this field, which currently incorporates sites in Villach, Padua, Munich and Graz. Thomas Simonis will assume management responsibility. The native German, who has worked for Infineon since 1999, spent the last two years setting up the Software Development Center in Bangalore, India for Infineon. By the end of calendar year 2005 a setup with initially around 50 employees is planned. In conjunction with the University of Bucharest, Infineon plans to develop Master Study Programs to cover future R&D training requirements in the semiconductor industry.