The company has already invested EUR2.5 million since the start of the year to expand capacity. At the same time, the manufacturing area was expanded by 2,000 square meters, to 8,300 square meters.
While in late 2010, Preh’s plant of Brasov had a production capacity of 1.5 million parts annually, at present it can produce 3 million items a year. The company plans to invest a further EUR3 million by yearend.
“Currently 30% of our turnover is generated in Romania, through the delivery of multifunctional buttons to Takata-Petri, which are fitted into the steering wheels the company manufactures in Arad,” Mihaela Fogaciu, general manager of Preh Romania, told ZF Transilvania.
Preh Romania last year posted EUR24 million in turnover, 30% higher than the targeted level, according to the company’s representatives.
The company’s management says 2010 sales were spurred by the positive trend registered by Volkswagen-Audi group, Preh’s main client.