The company had a net profit of RON6.8 million (EUR1.4 million) in 2022, down 47.5% from RON13 million (EUR2.6 million) in 2021, in line with data publicly available. In 2022, RAAL reached on average 2,122 employees, 68 more than in 2021.
RAAL exports almost its entire production. Its products are used by the agricultural machinery, construction machinery, mining equipment and automotive industries.
RAAL’s customers include, among others, the companies John Deere, Class, AGCO, Friulair, BRP Rotax, JCB, Ingersoll Rand, Linde, Parker, Mikropor, Van Hool, Voith, ABB, Tobrocco, Himoinsa, Manitou, Novetec, Carrier, Liebherr, Kaiser, Continental Germania and France’s Renault Truck Defence, as per data previously provided by the company.
Eight years ago, RAAL opened in Pundu Bargaului (Bistrita-Nasaud County) a facility for the manufacturing of metallic structures, which covers roughly 6,000 square meters and entailed an investment of almost EUR12 million. RAAL also has a production unit in Timisoara, managed by the company RAAL-Vest, as per data on the company’s website.
RAAL was established as a joint stock company in 1991 and spin-off of I.U.T. Bistrita. It was privatized in 1995 and employees own 93% in it, with the remainder being held by Lion Capital (formerly known as SIF Banat-Crisana).