The company generated net profit of RON884,351 (EUR177,700), fivefold lower than in 2023. It had an average number of 1,111 employees, 11 fewer than in 2023.

Kromberg & Schubert is one of the major automotive components manufacturers present in Romania. In early 2021, it sold the Timisoara plant to Continental Goup, as per sources in the local automotive industry.

The German company has been present in Romania since 1999, when it opened the production unit of Timisoara.

(English version by Catalina Apostoiu)