The company reduced its loss in 2019, from over RON54.8 million (EUR11.8 million) in 2018 to RON31.1 million (EUR6.5 million) in 2019, per public data. Preh Romania reached on average 1,833 employees in 2019, 300 more people than in 2018. The company owns a car parts factory in Ghimbav locality (Brasov County) and software and hardware services centers in Iasi and Brasov.
In the first quarter of 2017, Preh Romania opened a software services and hardware center in Iasi, where it makes `innovative electronic components for in-vehicle systems”.
In 2019, Preh carried out an investment program of EUR21 million to purchase new machines and devices and to expand the production area, per data previously offered by the company.
Preh Romania was established in 2008 and its shareholders include Preh GmbH with a 98% stake and Germany’s Preh Beteiligungs GmbH with 2% of the shares. Germany’s Preh Group is controlled by Joyson Electronics, listed on the Shanghai Stock Exchange.