The sales growth was supported by the expansion of production and by an increase in client portfolio. Over six years, Celestica (Romania) SRL saw its turnover rise nearly six-fold, from 218.3 million lei (around EUR62 million) to RON1.26 billion (EUR300 million) last year, according to the Finance Ministry’s website.
The Canadian supplier of components for electronic equipment went from 18 to around 2,400 employees in seven years. Last year alone, Celestica (Romania), which features among the top 20 exporters, recruited more than 1,000 people for the production, engineering, supplies, planning, financial and logistics departments, according to information previously provided by the company.
In the first quarter of the year, Celestica representatives said they were holding talks with several companies in view of starting collaboration, but they did not reveal the names of the prospective clients at the time. In fact, the company is known as one of the most discreet on the market, but its results place it among the top exporters, as well as among the top 300 largest companies in Romania.
Celestica’s Romanian plant provides production solutions which include management of the supply chain, engineering services, testing methods used in the electronic industry. Celestica’s over 100 international clients include Alcatel Lucent, EMC, HP, Honeywell, Juniper, NEC, Ploycom, Raytheon and Research in Motion.
(English version by Daniela Stoican; Editing by Radu Bostan)