Elba made a net profit of RON13.8 million (EUR2.7 million) in 2024, down 5.6% from a net gain of RON14.6 million (EUR2.9 million) reported in 2023, in line with public data.
The company had an average number of 776 employees in 2024.
Elba Timisoara has a tradition of nearly 100 years and is one of the leading manufacturers in Romania, specialized on the mainstream market for automotive and technical lighting. The company was privatized in 1995 via a management and employee buyout.
In September 2018, Elba Timisoara signed a joint venture agreement with US automotive headlight producer Varroc Lighting Systems, in view of manufacturing electronics in Romania and established the company Varroc-Elba Electronics headquartered in Timisoara (western Romania).