The company last year generated net profit of around RON21.8 million (EUR4.5 million), down over 40% year-on-year. TMD Friction Romania in 2020 had an average number of 496 employees, 9 more than in 2019.
The company owns a brake pad production unit in Caransebes, Caras-Severin county it built in 2007 in a EUR10 million investment.
The plant produced over 170 million brake pads until late 2019.
TMD Friction is part of Japan’s Nisshinbo group.
(English version by Catalina Apostoiu)