Kromberg & Schubert is a major car parts producer in Romania. The company in 2020 posted turnover worth around RON161 million (EUR33.4 million) and had an average number of 820 employees.
In early 2021, Kromberg & Schubert sold the plant of Timisoara to Continental, according to local car industry sources. The German company halted cable system production in Timisoara, but bet on research and development.
The company has been present in Romania since 1999, when it opened the production unit of Timisoara. Since arriving in Romania, Kromberg & Schubert has also opened a plant in Medias, a design center in Sibiu and the cable system plant of Nadab.
(English version by Catalina Apostoiu)