At the end of last year, company officials estimated EUR260 million for 2023, after Preh Romania had posted EUR195 million revenue in the first nine months. Therefore the 2024 revenue should be flat.
“The outlook for 2024 is not in a position to provide a sign of optimism and a strong market recovery at the pre-COVID level. All budgets for 2024 are conservative, given a year without sales growth, especially from the large European manufacturers. Signs of a recovery can be seen in 2025,” Mihaela Forgaciu, general manager and administrator of Preh Romania, told ZF Transilvania.
The company owns an automotive components factory in Ghimbav, Brasov county and software and hardware service centers in Iasi and Brasov.
(English version by Loredana Fratila-Cristescu)