RAAL switched to loss in 2024, with a negative result of RON29.2 million (EUR5.8 million), compared to net profit of RON262.562 (EUR53,000) reported in 2023, as per public data. RAAL recaghed an average number of 1,763 employees in 2024, 257 fewer than in 2023.
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. Most clients come from the European Union, with the biggest share being held by Germany, UK, Italy, Austria and France.
RAAL was established in 1991 as a joint stock company 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).