The company generated RON262,562 (EUR53,000) net profit last year, 26 times smaller than in 2022. RAAL last year reached an average number of 2,020 employees, 102 fewer than in the previous year.
RAAL exports almost its entire production. Its products are used by the agricultural machinery, construction machinery, mining equipment and automotive industries.
RAAL’s customers include, among others, the companies John Deere, Class, AGCO, Friulair, BRP Rotax, JCB, Ingersoll Rand, Linde, Parker, Mikropor, Van Hool, Voith, ABB, Tobrocco, Himoinsa, Manitou, Novetec, Carrier, Liebherr, Kaiser, Continental Germania and France’s Renault Truck Defence, as per data previously provided by the company.
Eight years ago, RAAL opened in Pundu Bargaului (Bistrita-Nasaud County) a facility for the manufacturing of metallic structures, which covers roughly 6,000 square meters and entailed an investment of almost EUR12 million. RAAL also has a production unit in Timisoara, managed by the company RAAL-Vest, as per data on the company’s website.
RAAL was established as a joint stock company in 1991 and spin-off of I.U.T. Bistrita. It was privatized in 1995 and employees own 93% in it, with the remainder being held by Lion Capital (formerly known as SIF Banat-Crisana).
(English version by Catalina Apostoiu)