The closedown occurs against the backdrop of the European automotive market still being 2 million cars short of the volumes in 2019 and in 2024 it was stable versus 2023, while the electric vehicles no longer saw growth.
Hella has been present in Romania since 2005 and currently has more than 5,500 employees at its design and development centers, its administrative center and production units located in the Romanian cities and towns of Timisoara, Arad, Lugoj, Craiova, Iasi and Oradea.