The company ended 2024 with a turnover of almost RON231.2 million (EUR46.4 million), down 5% versus RON243.4 million (EUR49.2 million) turnover reported in 2023, as per calculations by Ziarul Financiar (ZF) daily based on finance ministry data.
Faist Mekatronic had an average number of 673 employees in 2024, 9 people more than in 2023.
Faist Mekatronic is one of the largest companies in Bihor, a county where mostly automotive and footwear companies operate. The company makes aluminum cast parts in Oradea to be used in telecom infrastructure projects for Ericsson, Nokia and Kathrein, while its automotive customers include Mahle, Borg Warner, Hella, Kongsberg, Brose, Eaton, Wabco, Schaeffler and the Magna group, Faist officials have previously said.