The company made more than RON4.6 million (EUR990,000) net profit, almost 10 times higher than in the previous year, according to publicly available data. Helbako Electronica had 99 employees on average last year.

Helbako Electronica SRL was established in Ghiroda, Timis County, in 2015, as a supplier of electronic components for the automotive industry has a 1,350-meter production facility, according to the corporate website. The facility in Giroda complements and supports the development center of Helbako GmBH in Heilingenhaus, Germany.

The customers include BMW, Audi, VW, Porsche, MINI and other automotive manufacturers and suppliers.

(English version by Loredana Fratila-Cristescu)