The company’s medium-term plans include the opening of a new production unit in Iasi city.
Preh group was established in 1919 and is controlled by Joyson Electronics, a company listed on Shanghai Stock Exchange.
Preh owns factories in Germany, Portugal, Mexico, USA, China and Romania, manufacturing command systems for vehicles (sensor systems, electronic control units, batteries and assembly systems).
This year, the company targets a turnover of EUR137 million, up 2% on the year, and plans to exceed 1,000 employees at the plant in Ghimbav, Romania, which was opened in 2009.