Optibelt Power Transmission in the first half of this year generated turnover of EUR39.45 million, up 31% from the year-earlier period. The company’s 2021 turnover revolved around EUR60 million (RON293.7 million).
The company plans to reach 670 employees by yearend.
Optibelt entered the local market more than 10 years ago by opening a car and home appliances belt plant in Tautii-Magheraus, in the wake of initial investments of EUR5-6 million, which subsequently rose to EUR10 million.
(English version by Catalina Apostoiu)