Kromberg & Schubert Romania NA had net profit of RON4.4 million (EUR897,000) in 2023, up 54.1% from a net gain of nearly RON2.8 million (EUR583,500), as per publicly available data.
The company had an average number of 1,222 employees in 2023, 299 more than in 2022.
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.