The company’s profit reached RON4.2 million (EUR1 million) last year, up from the RON8.8 million (EUR1.8 million) of 2020, according to public data. It had an average of 217 employees last year.
The Germans started production at the plant in the town of Chisoda, 8 kilometers from the city of Timisoara, with 77 employees at the beginning of 2015 and the official inauguration of the facility took place in October that year.
Heraeus Romania has invested an average of EUR10 million annually in the development of production facilities, according to information previously provided by the company.
Heraeus has applied for and received state aid of RON9.3 million to expand its current production capacity for ceramic substrate printed circuit boards.
(English version by Loredana Fratila-Cristescu)