CAR PARTS
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Preh Romania Expects Turnover of around EUR220M in 2021
Car parts producer Preh Romania, a supplier of Porsche, Mercedes and BMW, in the first half of this year reached EUR126 million turnover and expects turnover to revolve around EUR220 million...
Mercedes-Benz Wants to Turn Sebes and Cugir Units into EV Part Production Ones
Eight years after starting investments at Sebes-based Star Assembly, with the sums now topping EUR550 million, the German concern kicks off plan to “convert” its production units in Romania...
Car Parts Manufacturers in Romania Shed 5,000 Employees in 2019
Five large car part manufacturers in Romania – Autoliv, Lear Corporation, Yazaki, Faurecia and Adient Automotive – shed nearly 5,000 employees in 2019, according to finance ministry data cen...
Preh Romania Turnover Up 20% In 2019, To Over RON1.2B
Automotive component manufacturer Preh Romania, a supplier of Porsche, Mercedes, Audi and BMW, ended 2019 with a turnover of over RON1.26 billion (EUR267 million), up 20% on the year, per ca...
Belgian Firm VCST To Invest EUR3.5M In Expanding Its Car Part Plant In Alba
Belgian automotive component manufacturer VCST Automotive Production Alba, which opened an EUR33 million factory in Alba Iulia (central-western Romania) three years ago, will invest nearly E...
Preh Romania Hires 100 More People In Brasov
Car part maker Preh Romania, a supplier of Porsche, Daimler, Audi or BMW, plans to recruit 100 people for its plant of Ghimbav, Brasov county. The company now has around 800 employees after...
Japan's Yazaki Opens Two New Production Units In Romania
Japan’s car part producer Yazaki is set to open two new production units in Romania, in Braila and Urlati (Prahova county), where it will hire 4,000 people.
Continental's 2013 Revenue In Romania Surges 21% To Nearly EUR1.83B
German-held Continental group, which includes seven companies operating eight production units in six cities, reported 21% higher revenue in Romania in 2013, to nearly EUR1.83 billion, accor...
Automotive Producer Hella Hired 700 People In Romania In Just A Year
German-held car part producer Hella, one of the 100 most valuable companies in Romania, will have over 2,200 employees in the Eastern European country at the end of the current fiscal year (...