In 2014, there were only 26 companies with more than RON3 billion revenue, according to Trade Registry data. Autoliv expects revenue to reach RON3.3 billion in Romania in 2016.
Autoliv Romania is the second largest exporter in the automotive component industry in the country after Continental and entered the top ten largest exporters in the economy on the eighth place in 2015.
The number of employees went up, as well, from almost 6,900 in 2014 to more than 8,100 last year. The upward trend of the revenue is because of the increase in the production volume in all Autoliv locations in the country and to the new projects implemented in 2015, the company says.
Net profit stood at RON94.3 million, up 80% from the RON52.1 million in 2014. The investment budget was higher, too, going up from RON115 million in 2014 to RON200 million in 2015, while this year’s budget was set at RON180 million. (EUR1=RON4.4910)
(English version by Loredana Fratila-Cristescu)