At its Ghimbav plant, Joysonquin produces interior components for premium vehicles, such as dashboard and door decorations, center consoles and wheels. Its clients are carmakers Daimler, Volkswagen, BMW, Audi and Porsche.
The company has been present in Romania since 2003, as a local subsidiary of German Quin Group, which was acquired by China’s Joyson in January 2015. Joyson Electronics, headquartered in Ningbo, China, has production units in 25 countries and 43,000 employees globally, as per data on the company’s website.
The company had a turnover of RON584.4 million (EUR118.5 million) in 2022, up 2.3% on the year, in line with calculations by Ziarul Financiar (ZF) daily based on finance ministry data.
Joysonquin Automotive Systems Romania widened its loss in 2022 to RON36.7 million (EUR7.4 million), from a negative result of RON10.6 million (EUR2.1 million) in 2021, as per publicly available data. In 2022, the company had an average number of 886 employees. Joyson Electronics, headquartered in Ningbo (China), has production units in 25 countries and 43,000 employees worldwide, data on company website show.
The biggest car parts manufacturers in Romania are Continental, Star Assembly, Autoliv, Michelin, Hella, Pirelli, Bosch, Marquardt, Leoni and Yazaki, according to a ranking of car parts makers compiled by ZF.